United States · United States Congress · 2 April 1981
El Salvador Assistance Act of 1981 - Authorizes the obligation of funds for military and economic assistance under specified Federal laws for El Salvador only if prior to each such grant of assistance the President certifies to the Speaker of the House of Representatives and the Senate Foreign Relations Committee that El Salvador's Government: (1) is not engaged in consistently violating internationally recognized human rights; (2) has achieved substantial control over its armed forces; (3) is making progress in implementing essential economic and political reforms; (4) is committed to holding free elections; and (5) has demonstrated its willingness to negotiate a political resolution of the conflict. Directs the President, if such certification is not made or if such certification is made but does not take effect, to: (1) suspend specified military assistance and military education and training for El Salvador; (2) withhold approvals for use of certain credits and guarantees for El Salvador; (3) suspend deliveries of certain defense articles, defense services, and design and construction services; and (4) withdraw from El Salvador all U.S. armed forces performing specified functions. Prohibits such certification from taking effect until 30 days after Congress receives the certification. Requires it to take effect only if Congress does not adopt a concurrent resolution objecting to the provision of military assistance to El Salvador. Prohibits the President from making such certification until the President certifies that El Salvador's Government has made good faith efforts to investigate the murders of six U.S. citizens in El Salvador and to bring those responsible for the murders to justice. Includes the drawdown of defense articles or services in an unforeseen military emergency within the obligation of funds for military assistance which can be made only after such certification. Prohibits the waiver of such certification requirement.
United States · United States Congress · 1 April 1981
Enterprise Development Act of 1981 - Title I: Public Works and Economic Development - Amends the Public Works and Economic Development Act of 1965 to rename it the Public Works and Economic Development Act. Declares that the purpose of such Act is to provide special economic development and adjustment assistance programs to help State and local areas with actual or threatened severe unemployment resulting from economic dislocation. Authorizes the Secretary of Commerce to make grants directly to any eligible recipient (a redevelopment area or economic development district established under such Act, an Indian tribe, a State, a city, or other political subdivisions of a State) in an area which has an expected rise in unemployment or other economic adjustment problems or which has demonstrated long-term economic deterioration for economic adjustment assistance, including: (1) public facilities; (2) public services; (3) business development; (4) planning; (5) unemployment compensation; (6) rent supplements; (7) mortgage payment assistance; (8) research; (9) technical assistance; (10) training; and (11) relocation of individuals and businesses. Requires recipients of financial assistance under such program to submit to the Secretary an overall economic development plan. Specifies conditions for the provision of unemployment compensation through such program. Requires such recipients to make annual reports to the Secretary and evaluate the effectiveness of such assistance. Directs the Secretary to appoint a National Public Advisory Committee on Regional Economic Development to advise the Secretary in carrying out such Act. Sets forth the Secretary's powers. Prohibits the use of financial assistance extended under such Act to finance unfair trade practices. Prohibits the financing of electrical energy or gas facilities except under specified circumstances. Directs the Secretary to report annually to Congress on operations under such Act. Imposes penalties on: (1) anyone who knowingly makes false statements to influence the Secretary or obtain funds under such Act; and (2) anyone connected in any capacity with the Secretary who embezzles funds, engages in fraudulent conduct, or uses unauthorized information to affect, invest in, or speculate in the securities of any company or corporation receiving financial assistance from the Secretary. Prohibits the Secretary from extending financial assistance to any construction project unless specified labor standards are maintained for such project. Requires recipients of financial assistance under such Act to keep records of the amount and disposition of such assistance available for the Secretary and the Comptroller General for audit purposes. Directs the Secretary to designate as redevelopment areas eligible for financial assistance under such Act: (1) areas in which there has been substantial unemployment for an extended time period and a substantial population loss due to lack of employment opportunity; (2) areas which have a median family income of 50 percent or less of the national median; (3) Federal or State Indian reservations or trust or restricted Indian-owned land areas with high unemployment and low incomes; (4) upon request of such areas, areas where the loss of a major source of employment results in an unemployment rate which exceeds the national average by 50 percent or more; (5) areas designated redevelopment areas under the Area Redevelopment Act on or after March 1, 1965, provided that their continued eligibility shall depend on their meeting the above designation requirements; (6) communities or neighborhoods with a large concentration of low-income persons, substantial outmigration, substantial unemployment, or an actual or threatened rise in unemployment due to the loss of a major source of employment; (7) areas where per capita employment has declined significantly over a specified time period; (8) areas with an unemployment rate at least one percent above the national average for the preceding two years; and (9) areas which have demonstrated long-term economic deterioration. Directs the Secretary to determine the size and boundaries of redevelopment areas, subject to specified conditions. Provides for the designation of an area which most nearly qualifies as a redevelopment area if a State has no area which meets the designation requirements. Directs the Secretary to conduct an annual review of all areas designated as redevelopment areas and terminate or modify such designation if an area no longer satisfies the designation requirements. Authorizes the Secretary to designate as economic development districts eligible for financial assistance under such Act those areas composed of cooperating redevelopment areas which are large enough and have sufficient resources to foster economic development and which have district overall economic development programs approved by the Secretary and any affected States. Authorizes the designation within such districts of economic development centers which have been identified in approved district overall economic development programs and which are expected to contribute significantly to the alleviation of economic distress in district redevelopment areas. Directs the Secretary to prescribe standards for the termination and modification of such districts and centers. Authorizes appropriations for fiscal year 1982. Provides that all rules, regulations, and contractual obligations established under the Public Works and Economic Development Act of 1965 before the effective date of this Act shall continue in effect. Prohibits the abatement of any legal proceedings or financial assistance applications filed before or pending upon such date. Subtitle B: Additional Borrowing Authority for Small Business Investment Companies - Amends the Small Business Investment Act of 1958 to increase the borrowing authority of qualified job expansion businesses (as defined in this Act). Subtitle C: Report by Small Business Administration on Involvement With Qualified Job Expansion Businesses - Directs the Administrator of the Small Business Administration (SBA) to report annually to specified Congressional committees on the SBA's involvement with qualified job expansion businesses, including information on loans and loan guarantees provided to such businesses. Title II: Tax Incentives for Businesses Located in Distressed Areas - Job Expansion and Urban Development Tax Act of 1981 - Subtitle A: Designation of Eligible Areas and Businesses - Amends the Internal Revenue Code to define a job expansion area as any area in the United States designated by one or more local governments as such. Limits eligibility for such designation to areas with a population of at least 10,000 whose rates of poverty and unemployment exceed specified national averages, and whose rates of per capita income growth fall below specified levels. Defines a "job expansion business" as one where at least 50 percent of its hours of service are performed by employees working in one or more job expansion areas and, except in extenuating circumstances, at least 50 percent of such qualified employees are residents of a job expansion area. Subtitle B: Tax Incentives - Provides for an election of an additional $40,000 ($80,000 in the case of married individuals filing jointly) first-year depreciation for machinery and equipment purchased by a qualified job expansion business. Requires recapture of the tax that would otherwise have been paid if the property concerned ceases to be used predominantly inside a job expansion area. Allows an additional five percent investment tax credit for new buildings placed in service by a qualified job expansion business. Allows the election by a qualified job expansion business of an investment tax credit of an additional $400,000 of cost for used equipment used predominantly in a job expansion area. Provides for recapture of the tax benefits in the event such property ceases to be used predominantly in such area. Allows a 25 percent investment tax credit for expenditures paid or incurred for rehabilitation of a building located in a job expansion area. Provides for the refundability of the investment tax credit for job expansion area property of up to $100,000. Allows the targeted jobs credit for employment of residents of a job expansion area. Increases the amount of such credit for the employment of such individuals: (1) from 50 percent to 60 percent of the first-year wages; and (2) from 25 percent to 35 percent of the second-year wages. Allows a deduction for contributions made to an employee stock ownership plan (ESOP) by an employer which is a qualified job expansion business if such contributions are used to pay the principal or interest on any loan incurred for the acquisition of qualified employer securities. Excludes from the limitations on annual additions with respect to ESOP's certain forfeitures of employer securities under an ESOP and employer contributions to an ESOP which are used to pay the interest of any loan incurred for the acquisition of employer securities. Subtitle C: Effective Date - States the effective date of this Act.
United States · United States Congress · 1 April 1981
Small Business Tax Act of 1981 - Amends the Internal Revenue Code to allow an election by small businesses which are at least 70 percent owned by active participants in the trade or business and which have average annual gross receipts of $500,000 or less for the three taxable years ending with the year of election to use the cash receipts and disbursements method of accounting without regard to any inventory requirements. Allows a taxpayer who adopts the last-in, first-out (LIFO) method of accounting to spread increases in taxable income attributable to such change over a ten-year period. Increases the allowable cost of used property eligible for the investment tax credit. Permits the nonrecognition of gain from the sale of any property, except to the extent that the amount realized from the sale exceeds the cost of common or preferred stock of a qualified small business corporation purchased by the taxpayer within one year after the date of such sale. Defines "qualified small business corporation" as a small business corporation whose passive investment income, for the taxable year or for any of the three subsequent taxable years, does not exceed 15 percent of its gross receipts. Requires a reduction of the basis of such stock by the amount of gain not recognized. Prescribes a three-year statute of limitations for the assessment of any deficiency attributable to gain realized by the sale of such property. Reduces corporate income tax rates.
United States · United States Congress · 25 March 1981
State and Local Government Financing Reform Act of 1981 - Excludes from the Federal law limiting and restricting the corporate powers of national banking associations to deal in and underwrite investment securities, specified dealings in and underwriting of all other nongeneral obligations issued or guaranteed by or on behalf of a State or any political subdivision thereof (except special assessment obligations and industrial revenue bonds) which are at the time eligible for purchase by a national bank for its own account, subject to specified limitations. Requires the Secretary of the Treasury to submit an annual report to the Congress showing the extent to which the business of underwriting and dealing in State and local obligations is being carried on by commercial banks as compared with other banking institutions with a view to determining the effect of the provisions of this Act on the institutional distribution of such business.
United States · United States Congress · 24 March 1981
Hunger and Global Security Act - Title I: Public Law 480 - Amends the Agricultural Trade Development and Assistance Act of 1954 to require the President to consider the extent to which a developing country is using self-help measures to reduce illiteracy among young farmers and to improve the health of farmers and their families before the President can enter an agreement for the sale of agricultural commodities for foreign currencies and long-term-dollar credit with such country. Requires that the economic development and self-help measures the recipient country agrees to undertake be sufficiently described so that the primary beneficiaries will be needy people with incomes below the level required to prevent malnutrition. Requires such economic development and self-help measures to be in addition to the measures the recipient country had otherwise been planning to take. Directs the President to verify that such measures are being carried out and to report to the appropriate Congressional committees on such verification and on the additional nature of such measures. Title II: Multilateral Development Banks - Amends the Federal provisions for aiding international financial institutions to require the United States to work within certain multilateral development banks to establish a requirement that not less than 50 percent of such bank's lending benefit needy people. Requires the Secretaries of State and of the Treasury to report to Congress annually on establishing such requirement. Title III: World Food Security - Directs the President to encourage other grain exporting countries to establish food security reserves or take other measures that complement the U.S. food security reserve. Directs the President to report to Congress on actions taken with respect to such food security reserves. Directs the President to negotiate the establishment of a global food financing facility and ensure that the benefits of such facility meet basic human needs. Directs the President to report to Congress on the actions taken to implement such facility. Amends the Export Administration Act of 1979 to prohibit the Secretary of Commerce from imposing export controls on food if it is determined that such controls would cause measurable malnutrition in the countries against whom the controls are proposed unless the President determines such controls are necessary to protect U.S. national security. Title IV: Generalized System of Preferences - Amends the Trade Act of 1974 to prohibit the President from designating as a beneficiary developing country any country that fails to give priority to alleviating malnutrition and poor health and enabling the poor to participate actively in increasing economic productivity, unless the President determines that such designation is required by U.S. national security interests and so reports to Congress. Directs the President to review the possibility of increasing the benefits available to the poorest beneficiary developing countries under such Act's Generalized System of Preferences. Title V: American International Public Health Fund - Establishes within the Agency for International Development (AID) an American International Public Health Fund to provide financial assistance to private and voluntary organizations to support specified public health activities in developing countries. Limits the Fund's financial assistance with respect to the administrative activities of such organizations. Specifies factors to be considered in allocating the Fund's resources. Authorizes the Fund to carry out all AID programs assisting private and voluntary organizations. Directs the Administrator of AID to establish a Board for International Public Health which shall: (1) participate in project proposal review; (2) review documents that detail the terms under which the Fund provides financial assistance to private and voluntary organizations; (3) review the impact of activities supported by the Fund; (4) recommend the allocation of funds; and (5) participate in preparing the annual report. Requires the Director of the Fund to report annually to Congress and the President on the Fund. Authorizes appropriations for such Fund.
United States · United States Congress · 19 March 1981
Airport and Airway Improvement Act of 1981 - Directs the Secretary of Transportation to publish biennially the status of the existing national airport system plan to provide for the development of public-use airports in the United States. Directs that such plan shall include the type and estimated cost of eligible airport development considered by the Secretary to be necessary to provide a safe and efficient system of public use airports to anticipate and meet the needs of civil aeronautics, requirements in support of the national defense, and the needs of the Postal Service. Declares that such plan shall be known as the national plan of integrated airport systems. Directs the Administrator of the Federal Aviation Administration to submit to the Congress, and revise and publish annually, a national airways system plan. Specifies that such plan shall set forth, for a ten-year period, the programs, facilities, and equipment considered by the Administrator to be necessary for a system of airways, air traffic services, and navigation aids which will meet the needs of: (1) civil aeronautics; (2) the national defense; and (3) air commerce safety. Sets forth additional information to be included in such plan. Directs the Secretary to report annually to Congress on the operations of such national airways system. Directs the Department of Defense to make military airports and airport facilities available for civil use to the extent feasible. Directs the Secretary of Defense to submit to Congress an evaluation of the military airport system and a plan to make military airports and airport facilities available for civil use to the maximum extent feasible. Authorizes the Secretary of Transportation to make grants from the Airport and Airway Trust Fund for airport development and planning in the form of project grants. Sets forth the aggregate funding level for such grants for fiscal years 1981 through 1985. States that no obligation shall be incurred by the Secretary for airport development at a privately owned public-use airport unless the Secretary receives assurances that such airport will continue to function as a public-use airport during the economic life (no less than ten years) of any facility at such airport that was developed with Federal financial assistance under this Act. Authorizes appropriations out of the Trust Fund for fiscal years 1981 through 1985 for: (1) the establishment of air navigation facilities (of which not less than 20 percent of the total amount appropriated shall be for the installation of guidance and safety equipment at commercial service and reliever airports); (2) airport research, engineering, and development, and demonstration projects; (3) training of State and local government employees to carry out the purposes of this Act; (4) costs of services provided under international agreements relating to the joint financing of air navigation services; and (5) costs incurred in operating and maintaining air navigation facilities in a safe and efficient condition. Limits expenditures for such services and facilities. Prohibits appropriations from the Trust Fund to carry out programs or activities, except as specified, under the Federal Aviation Act of 1958. Directs that amounts authorized shall remain available in the Trust Fund until appropriated for the purposes described. States that amounts transferred to the Trust Fund by the Airport and Airway Revenue Act of 1970 may not be appropriated for administrative expenses of the Department of Transportation. Grants the Secretary the authority to obligate to an airport by grant agreement the unobligated balance of amounts that were apportioned in prior fiscal years and that remain available for approved airport development projects, in addition to amounts authorized for that fiscal year by this Act. Directs the Administrator to submit budget information or legislative recommendations to specified Congressional officials and committees whenever he submits these to the Executive Branch. Sets forth the method for apportioning the funds made available under this Act. Specifies conditions applicable to such apportionments for airports, including primary airports and primary hubs, airport system planning, and ground access projects. Directs that not less than $7,500,000 of such funds shall be distributed to reliever heliports during fiscal years 1981 through 1985, except that no heliport shall receive more than $1,000,000 of such funds during such period. Sets forth procedures for the submission of project grant airport development applications and requirements which must be satisfied for approval of such applications. Requires a sponsor of an airport project to hold public hearings where the project grant application involves the location of an airport, an airport runway, or a major runway extension. States that such a grant shall not be made unless the Governor of the State in which the project is to be located certifies in writing to the Secretary that there is a reasonable assurance that the project will be located, designed, constructed, and operated so as to comply with applicable air and water quality implementation plans. Prohibits a project for airport development involving a ground access system from being approved unless: (1) there are no unmet safety needs at the airport proposing the project; (2) such system will be used primarily by individuals traveling to or from the airport; and (3) the project will not extend more than five miles from the nearest border of airport property. Authorizes the Secretary to approve standards (other than standards for safety of approaches) established by a State for airport development at public- use airports which are not primary airports. Authorizes the Secretary, in connection with any project under this Act, to require the project sponsor to certify that all of the statutory and administrative requirements imposed by this Act will be observed. States that the United States share of allowable project costs for a project approved under this Act shall be 90 percent of its cost. Establishes lower percentages for such projects under specified circumstances. Imposes upon the Secretary, as a condition precedent to approval of an airport development project contained in a project grant application submitted under this Act, the duty to receive written assurances that: (1) such airport will be available for public use on fair, reasonable, equitable, and nondiscriminatory terms; (2) generally, no person providing aeronautical services to the public will have an exclusive right to use such airport; (3) such airport and related facilities will be suitably operated and maintained, with due regard to climatic and flood conditions; (4) the aerial approaches to such airport will be adequately cleared, protected, and hazard-free; (5) land in the immediate vicinity of such airport will be used for purposes compatible with airport operations; (6) such airport's facilities will be available for use by United States Government aircraft; (7) the airport operator or owner will furnish certain land, water, or estate therein to the Federal Government for use in connection with air traffic control, navigation, weather reporting, or communications activities related to air traffic control; (8) all project records will be kept in accordance with a standard accounting system; (9) the airport operator or owner will maintain a fee and rental structure for the facilities and services being provided to airport users which will make the airport as self-sustaining as possible; (10) such operator or owner will submit reports as requested by the Secretary; (11) the airport and all airport records will be available for the Secretary's inspection; and (12) such operator or owner who receives a grant for the purchase of land for noise compatibility purposes which is conditioned on the disposal of the acquired land at the earliest practicable time will use its best efforts to so dispose of such land. Authorizes the Secretary to relieve a project sponsor from contractual obligations entered into under this Act, the Airport and Airway Development Act of 1970, or the Federal Airport Act to provide free space in airport buildings to the Federal Government. Directs the Secretary, upon approving a project grant application, to transmit an offer to the sponsors thereof to make a grant for the United States share of allowable project costs. Sets forth procedures for the execution of such agreements. Directs the Secretary first to determine that the cost of an airport development or planning project is allowable before the United States pays from amounts appropriated to carry out the provisions of this Act. Sets forth criteria to be used in determining whether such costs are allowable. Authorizes the Secretary to approve, as allowable costs of an airport development project, terminal development costs in nonrevenue producing public-use areas that are directly related to the movement of passengers and baggage. Limits, under specified conditions, amounts to be obligated for project costs. Directs that the United States' share of such costs shall not exceed 50 percent. Describes project costs not allowed under this Act. Authorizes the Secretary to determine, within certain parameters, the times and amounts in which payments shall be made under such agreements. States that construction work on projects funded under this Act shall be subject to inspection and approval by the Secretary and shall be in accordance with regulations prescribed by the Secretary. States that contracts in excess of $2,000 for such construction projects shall include provisions establishing minimum rates of wages to be predetermined by the Secretary of Labor in accordance with the Davis-Bacon Act. Requires that construction contracts for airport development projects grant employment preferences to Vietnam and disabled veterans. Directs the Secretary of Transportation, in the event that a public airport project will require the use of Federal lands, to request the head of the Federal agency or department controlling such lands to transfer the necessary property interest to the public agency sponsoring the project or owning or controlling the airport involved. Requires the head of such an agency or department to notify the Secretary within four months of its decision with respect to such a request. Exempts from such request lands under the administration of the National Park Service, units of the National Wildlife Refuge System or similar areas under the jurisdiction of the United States Fish and Wildlife Service, or within any national forest or Indian reservation. Directs the Secretary to report annually to the Congress describing operations under this Act during the preceding fiscal year. Sets forth criminal penalties for fraudulent acts committed with regard to projects under this Act. Sets forth recordkeeping and auditing requirements with regard to projects under this Act. Directs the Secretary to take affirmative action to assure that no person shall on the grounds of race, creed, color, national origin, or sex be excluded from participating in any activity conducted with funds received from any grant made under this Act. Repeals the provisions of the Airport and Airway Development Act of 1970. Amends the Aviation Safety and Noise Abatement Act of 1979 to authorize the Secretary to incur obligations to make grants for airport noise compatibility planning. States that all of the provisions of this Act applicable to grants made herein shall be applicable to grants made under such Act. Amends the Airport and Airway Development Act Amendments of 1976 to authorize $19,750,000 to be appropriated out of the Airport and Airway Trust Fund before the date which is 180 days after the date of enactment of the International Air Transportation Competition Act of 1979. Directs the Secretary to determine the need for: (1) an airborne surveillance radar system for low level air traffic control at Tyrone, Pennsylvania; and (2) an air traffic control center in the region which includes central and western Pennsylvania and New York and northern Maryland. Directs the Secretary to report such findings to Congress within six months after the date of enactment of this Act. Directs the Secretary to appoint a task force to study the problems of allocating the use of airport facilities and airspace. Directs the Secretary, in consultation with the Secretary of Health and Human Services, to study and report to Congress on: (1) the effectiveness of airport emergency plans; and (2) the utility of mobile medical emergency facilities as an element of such plans. Directs the Secretary of Transportation, beginning on the date of enactment of this Act and ending on September 30, 1983, to provide for the part-time operation of not more than 60 existing flight service stations operated by the Federal Aviation Administration. Permits the Secretary to close not more than five such stations before October 1, 1983, and to close additional stations if the service provided after such closing (provided by mechanical device or by contract with another party) is as good as or better than the service provided when the station was open.
United States · United States Congress · 12 March 1981
Prohibits the Federal Trade Commission or any administrative law judge from issuing antitrust decisions, findings, or cease-and-desist orders in concentrated market structure or shared monopoly proceedings until Congress establishes and defines the elements of such a violation. Declares that this Act shall apply to any proceeding pending on March 10, 1981. Vacates any decision or order issued in such proceeding before the enactment of this Act.
United States · United States Congress · 4 March 1981
Inventory Simplification and Reform Tax Act of 1981 - Amends the Internal Revenue Code to eliminate the qualification requirement for the last-in, first-out (LIFO) method of accounting that a taxpayer use no inventory method for financial reporting or credit purposes other than the LIFO method. Allows a taxpayer who adopts the LIFO method to spread increases in taxable income attributable to such change over a ten-year period. Allows an election by small businesses which use the dollar method of pricing inventories under the LIFO method and which have average annual receipts of $5,000,000 or less for the three taxable years ending with the year of election to use one inventory pool for any trade or business. Permits a wholesaler or retailer who uses such method to elect the use of inventory pools based on the applicable Government price index categories for all items of inventory. Allows the use of such index categories in the pricing of inventories under such dollar-value methods. Allows an election to use a link chain or index method to compute the LIFO value of dollar-value pool without regard to suitability or practicality of any other method. Repeals the requirement, with respect to liquidation plans adopted after December 31, 1981, that a corporation inventorying goods under the LIFO method treat the LIFO recapture amount with respect to distributed inventory assets as gain from the sale of such assets. Allows an election by small businesses which are at least half-owned by active participants in the trade or business and which have average annual gross receipts of $1,500,000 or less for the three taxable years ending with the year of election to use the cash receipts and disbursements method of accounting without regard to any inventory requirements. Permits a taxpayer to reduce the value of a portion of excess inventory items held for more than 12 months. Sets forth a schedule for such reductions.
United States · United States Congress · 4 March 1981
Rehabilitation and Historic Preservation Tax Incentives Act of 1981 - Amends the Internal Revenue Code to allow an income tax credit for ten percent of the expenditures for the rehabilitation of a certified historic structure. Increases from ten percent to 25 percent the investment tax credit percentage for rehabilitation expenditures in connection with certified historic structures. Qualifies specified rehabilitated multifamily residential rental properties for the investment tax credit.
United States · United States Congress · 4 March 1981
Amends the Immigration and Nationality Act to provide third preference immigration priority for aliens who are investing a substantial amount in an enterprise in the United States of which they will be principal managers and which will employ United States citizens or permanent residents.
United States · United States Congress · 25 February 1981
Title I: Surplus School Conversion Grants - Surplus School Conversion Act - Authorizes the Secretary of Housing and Urban Development to make grants to local educational agencies to provide up to 80 percent of the costs of renovating underutilized school buildings. Directs the Secretary to give priority to grant applications to renovate buildings for educational or social service purposes. Prohibits grants for renovation of buildings which will be used for storage purposes only. Permits the inclusion of planning costs among the expenses which such grants cover. Directs the Secretary to make available planning and technical assistance to agencies utilizing such funds. Sets forth grant application requirements. Directs the Secretary to consider certain factors in approving applications. Provides for the recapture of such payments by the United States. Sets forth reporting requirements. Title II: Amendment to the Energy Policy and Conservation Act - Amends the Energy Policy and Conservation Act to include among guidelines which the Secretary of Energy must prescribe for State plans for the implementation of energy conservation projects in schools and hospitals a requirement that State energy agencies in making grants for such projects for school facilities give priority to facilities in local educational agency jurisdictions with a student enrollment during the school year in which the application is submitted is not more than 90 percent of the enrollment for the second preceding school year.
United States · United States Congress · 24 February 1981
Amends the Federal criminal code to establish penalties for taking or attempting to take by force and violence or intimidation a controlled substance from a pharmacy. Increases the penalties if any person's life is endangered by use of a dangerous weapon or if any person is assaulted or killed during commission of such offense. Directs the Federal Bureau of Investigation to include pharmacy robbery data in its annual Uniform Crime Reports. Directs the Attorney General to report to Congress on the enforcement of this Act within 120 days of enactment and biannually for the subsequent three-year period.
United States · United States Congress · 23 February 1981
Limits, for calendar years 1981-1983, the importation of automobiles whose average fuel economy in model year 1979 did not meet specified requirements. Provides for the administration of the quantitative limits of this Act and for the allocation of automobiles permitted entry under this Act. Authorizes the President to suspend such limitations if the President finds that such suspension is in the national interest and would not adversely affect employment. Prohibits such suspension unless Congress is notified and Congress does not disapprove such suspension within 30 days.
United States · United States Congress · 19 February 1981
Limits the number of automobiles produced in Japan that may be imported into the United States for each of calendar years 1981-1985. Directs the Secretary of the Treasury to administer the entry of imports under this Act. Directs the Secretary of Commerce to allocate among supplying producers the total number of automobiles permitted entry under this Act.
United States · United States Congress · 19 February 1981
Amends the Internal Revenue Code to provide homebuilders with an income tax credit for the construction of residences which incorporate a passive solar energy system. Directs the Secretary of the Treasury, after consultation with the Secretaries of Energy and Housing and Urban Development, to prescribe regulations setting forth a solar construction credit table for purposes of determining the amount of the credit for which the incorporator of the solar energy system is eligible. Limits the dollar amount of such credit to $2,000 for calendar years prior to 1987 and phases out the amount of the credit by $500 decrements until 1990 when such credit terminates. Defines a "passive solar energy system" as a system which contains a solar collection area, an absorber, a storage mass, a heat distribution method, and heat regulation devices. Requires such system to be installed in a new residence after September 30, 1981, and before January 1, 1990.
United States · United States Congress · 18 February 1981
Patent Term Restoration Act of 1981 - Amends the patent law to extend the terms of patents which encompass specified products or a method for using a product any of which are subject to certain nonpatent regulatory review periods. Sets forth the terms and conditions of such extension, including a seven year limitation. Directs the Commissioner of Patents to issue to the owner of record of a patent a certificate of extension stating the fact and length of the extension and identifying the product and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Limits the application of such patent term extension to patents for products subject to regulation under the Federal Food, Drug, and Cosmetic Act, the Public Health Service Act, the Federal Insecticide, Fungicide, and Rodenticide Act, the Toxic Substances Control Act, and the Act of March 4, 1913 (relating to virus, serum, toxin, and analogous products).
United States · United States Congress · 18 February 1981
Bus Regulatory Modernization and Improvement Act of 1981 - Amends the Interstate Commerce Act to promote and maintain a privately owned motor bus system in the United States. Directs the Interstate Commerce Commission to consider the need for specified revenue levels in the exercise of its ratemaking powers concerning common carriers of passengers by motor vehicle. Prohibits the Commission from finding any fare or rate for the transportation of passengers to be unreasonable on the basis that it is too high or too low if it is within a specified standard fare range. Authorizes the Commission to suspend interstate passenger fares and express rates under specified conditions. Directs the Commission to adjust such rates and charges periodically. States that such findings, suspensions, or adjustments shall not apply to excursion, special, or charger fares. Authorizes a motor common carrier of passengers to enter into a rate agreement with one or more other carriers. Directs the Commission to approve such agreement subject to specified criteria. Sets forth requirements with which an organization established or continued under such agreement must comply. Grants the Commission exclusive authority to prescribe an intrastate rate for transportation provided by a rail carrier or motor carrier of passengers (formerly rail only). Makes conforming amendments to specified Acts concerning the issuance of securities by motor carriers of property. Sets forth procedures for a consolidation, merger, or an acquisition of control involving a motor carrier of passengers. Expands the scope of certificates authorizing the transportation of passengers in charger or special operations. Directs the Commission, under specified conditions, to issue a certificate to a person authorizing that person to provide transportation as a motor common carrier of passengers. Makes such certificates issued to persons not holding authority from the Commission effective for a maximum of three years. Prohibits a motor carrier of passengers from: (1) engaging in interstate or foreign commerce; or (2) receiving a certificate or permit unless such carrier has filed a surety bond or certificate of insurance with the Commission. Sets forth requirements to be met by publicly owned or government owned motor carriers of passengers which apply for such certificate or permit for special or charter operations. Prohibits a carrier from protesting an application for such certificate or permit unless it has met specified conditions. Prohibits a State, political subdivision thereof, or an interstate agency from enacting any law, rule, regulation, or other provision relating to the discontinuance of regular-route service by a motor common carrier of passengers. Directs the Commission to promulgate rules for the discontinuance of essential intrastate and interstate regular route service by such carriers. Specifies criteria for such rules and sets forth procedures for the investigation of proposed discontinuance of service. Directs the Commission to take final action within 90 days on an application by a motor carrier of passengers for temporary authority (30 days for emergency temporary authority) to provide certain transportation. Directs that proceedings begun by the Commission under this Act shall be dismissed automatically unless they are concluded with administrative finality within three years after they were initiated.
United States · United States Congress · 17 February 1981
Amends the Internal Revenue Code to allow individuals a refundable income tax credit equal to one-third of the total cost during the taxable year of heating oil purchased by such individuals for use in a residence. Limits the dollar amount of such credit to $400 for the taxable year. Reduces the amount of such credit by one percent of the amount by which the taxpayer's adjusted gross income exceeds $20,000. Provides for the termination of the credit for taxable years ending after December 31, 1983.
United States · United States Congress · 6 February 1981
Steel Industry Compliance Extension Act of 1981 - Amends the Clean Air Act to authorize the Administrator of the Environmental Protection Agency to extend the date for compliance with emission limitation requirements by owners or operators of a stationary source in an iron and steel producing operation if: (1) the compliance date extension is necessary to allow the applicant to make capital investments in its operations to improve efficiency and productivity; (2) the funds freed by such extension will be used within two years for additional capital investments in the applicant's operations; (3) the Administrator and the applicant agree to a phased compliance program for each of the applicant's stationary sources; (4) the applicant has sufficient funds to comply with such program; (5) the applicant is in compliance with any existing Federal decrees applicable to its operations; and (6) the compliance date extension will not result in the degradation of air quality during the extension term. Prohibits the imposition of a noncompliance penalty under the Clean Air Act upon an owner or operator with a compliance date extension provided their stationary source remains in compliance with all the requirements of such extension. Makes available to the public all information obtained by the Administrator under this Act, subject to a specified exception. States that revision of a State implementation plan is not required because a compliance date extension has been granted if such plan would have met Clean Air Act requirements prior to the granting of such extension.
United States · United States Congress · 5 February 1981
Administrative Rulemaking Reform Act - Directs a Federal agency preparing to hold a rulemaking session to make a reasonable effort to inform those likely to be affected by the proposed rulemaking. Requires the notice of rulemaking to include: (1) the projected effective date of the rules; (2) the purpose of the rulemaking; (3) the text of the proposed rules; and (4) the studies on which the agency intends to rely in the rulemaking proceedings. Requires public notice and public opportunity for comment on all rulemaking proceedings unless the agency finds that proposed rules are emergency rules or are of routine or insignificant impact. Requires Federal agencies to give interested persons at least 45 days to participate in the rulemaking. Provides for agency hearings to receive oral comments, and procedures to resolve significant controversies over factual issues. Requires each agency to maintain a public file of all relevant material and required statements for each rulemaking. Prohibits adoption of a proposed rule that has been revised substantially unless interested persons are provided an opportunity to comment on such revisions. Sets forth an expedited rulemaking procedure for rules to replace emergency rules. Directs each agency to submit a copy of each promulgated rule to each House of Congress. Declares that no rule, excluding an emergency rule, shall become effective if: (1) both Houses of Congress adopt a concurrent resolution disapproving it within 90 days of continuous session of Congress; or (2) one House adopts such a resolution within 60 such days and the other House does not disapprove such resolution within 30 days thereafter. Authorizes either House to adopt a resolution directing an agency to reconsider and repromulgate a newly promulgated rule or an existing rule within a specified period. Provides that if such agency fails to act such rule shall lapse. Directs the Administrative Conference of the United States to study and report on the effects on rulemaking of the Congressional review provisions of this Act. Authorizes appropriations for such study. Directs a court reviewing an agency rule to set aside any rule found to be unwarranted by material in the rulemaking file.
United States · United States Congress · 5 February 1981
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that disability insurance benefits for an individual having a terminal illness shall begin with the first month during which such individual has such illness.
United States · United States Congress · 5 February 1981
Amends the Internal Revenue Code to permit married individuals filing separate income tax returns an election to be taxed at rates applicable to unmarried individuals.
United States · United States Congress · 4 February 1981
Title I: Export Trading Companies - Export Trading Company Act of 1981 - Directs the Secretary of Commerce to promote export trading companies by providing information and by facilitating contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest up to specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate Congressional committees with their recommendations concerning implementation of this Act, related changes in U.S. law, and effects of ownership of U.S. banks by foreign banking organizations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Authorizes up to $20,000,000 to be appropriated for initial investments and operating expenses for each of the fiscal years 1981, 1982, 1983, 1984, and 1985. Directs the Export-Import Bank of the United States to provide loan guarantees to export trading companies or exporters, to be secured by accounts receivable or inventories, when adequate financing is not otherwise available and such guarantees will facilitate expansion of exports. Directs the Board of Directors to try to insure that a major share of such guarantees promotes exports from small, medium-size, and minority businesses or agricultural concerns. Title II: Export Trade Associations - Export Trade Association Act of 1981 - Amends the Webb-Pomerene Act to exempt the trade activities and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Permits automatic certification for existing associations. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish guidelines for determining whether an association or export trading company will meet the certification requirements. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an Office of Export Trade to promote export trade associations and trading companies. Requires such Office to report annually to the appropriate Congressional committees on all East-West trade transactions requiring validated licenses and on the role of U.S. export trading companies in East-West trade. Grants a temporary exemption from the Sherman Act antitrust provisions for existing associations. Requires that all applications for certification be kept confidential with specified exceptions. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force seven years after enactment to examine the effect of this Act and to make recommendations.
United States · United States Congress · 3 February 1981
Presidential Nomination Commission Resolution - Establishes the Commission of 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. Terminates the commission 60 days after submission of such report. Sets forth the powers of such Commission, and related administrative provisions. Authorizes necessary appropriations.
United States · United States Congress · 30 January 1981
Emergency Automobile Regulatory Relief Act of 1981 - Directs the President to require the head of each Federal agency that has authority to regulate specified aspects of the manufacture, distribution, or sale of automobiles to review and evaluate regulations affecting the automobile industry. Requires the revision or repeal of duplicative, obsolete, or inadequate regulations within 90 days of the date of enactment of this Act.
United States · United States Congress · 30 January 1981
Automotive Economic Recovery Tax Act of 1981 - Amends the Internal Revenue Code to allow individual taxpayers a nonrefundable income tax credit for the purchase of new passenger automobiles which were manufactured by companies whose average fuel economy rating for such automobiles in model year 1979 equaled or exceeded 120 percent of their rating for model year 1974. Limits the amount of such credit to $500. Allows an income tax credit for 50 percent of the interest paid on a loan used for such purchase. Limits such credit to $400. Requires the taxpayer to elect to take such credit in lieu of an interest deduction. Permits taxpayers to elect to reduce useful life by 25 percent for depreciation of certain automobile manufacturing equipment. Allows taxpayers to treat the cost of automobile manufacturing equipment as a deductible business expense if such equipment has a useful life of less than three years. Extends from three to seven years the carryback period for the net operating loss deduction and the investment tax credit for manufacturers of automobiles, automobile parts, and automobile manufacturing equipment.
United States · United States Congress · 29 January 1981
Expresses the sense of the House of Representatives that the Congress immediately reimpose price controls on home heating oil and gasoline, and that pending such action the President rescind the decontrol order.
United States · United States Congress · 28 January 1981
Small Business Motor Fuel Marketer Preservation Act of 1981 - Amends the Small Business Act to authorize the Small Business Administration (SBA) to make loans to small businesses acquiring gas stations from a refiner. Makes it unlawful for a refiner, other than an independent or small refiner, to operate a gas station in the United States. Requires a refiner, in disposing of any interest in a station, to offer a right of first refusal to the dealer. Sets forth requirements governing such an offer, including use of an independent appraisal meeting standards set by the SBA. Makes it unlawful for any refiner to exceed specified limitations on annual motor fuel sales. Makes it unlawful for any supplier to sell motor fuel at any time at any point of transfer at different prices. Stipulates that withholding of available fuel from a purchaser for resale at a lower price to a supplier-operated station shall constitute a violation. Permits price differentials which reflect manufacturing, sale, or delivery costs, or which are offered in good faith to meet competitive price reductions. Stipulates that a refiner may charge purchasers of motor fuel a uniform surcharge for use of a trademark or other identifying symbol. Makes it unlawful for any person to interfere in any way with the purchasing, selling, or storing of motor fuel by a dealer. Permits contracts requiring a dealer to purchase motor fuel exclusively from a particular dealer or supplier, if such contract assures the dealer the right to purchase fuel elsewhere if the refiner does not have such fuel readily available. Makes it unlawful for any dealer at a station displaying a trademark or identifying symbol of a particular refiner to sell motor fuel not refined by such refiner without providing notice to purchasers. Requires each refiner within 90 days of enactment and annually thereafter to provide to the Federal Trade Commission information regarding the number of: (1) gallons of motor fuel sold at its U.S. stations during the preceding year; (2) gallons of motor fuel manufactured in the United States during the preceding year; and (3) barrels of crude oil produced and refined during the preceding year. Sets forth fines for violations of this Act. Permits civil actions to be brought by the FTC or private parties against violators. Directs the FTC and the Small Business Administration to prescribe regulations required by this Act.
United States · United States Congress · 28 January 1981
State and Local Government Cost Estimate Act of 1981 - Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office, for every significant bill or resolution reported in the House or Senate, to prepare and submit (along with its regular estimate of the Federal cost involved) an estimate of the costs which would be incurred by State and local governments in carrying out or complying with such bill or resolution. Authorizes appropriations to carry out this Act.
United States · United States Congress · 28 January 1981
Amends the Internal Revenue Code to increase from $10,000,000 to 15,000,000 the exemption for certain small issues from treatment as industrial development bonds, for purposes of the exclusion from gross income of the interest on such bonds.
United States · United States Congress · 28 January 1981
Amends the Powerplant and Industrial Fuel Use Act of 1978 to permit local distribution companies to provide natural gas service to residential customers for use in outdoor lighting fixtures installed and receiving natural gas before the enactment of such Act. Requires each local distribution company, in accordance with rules established by the Secretary of Energy, to: (1) periodically inform its customers of the amount of natural gas consumed by outdoor lighting; and (2) report such information method to the Secretary.
United States · United States Congress · 28 January 1981
Commends former President Jimmy Carter, former Secretary of State Edmund Muskie, and former Deputy Secretary of State Warren Christopher for their success in securing the release of the American hostages held in Iran. Conveys appreciation to the Algerian negotiators for the role they played in resolving the hostage crises. Pays tribute to the eight servicemen killed in the April 1980 effort to rescue the American hostages. Commends President Reagan for designating former President Carter to officially greet the freed hostages.
United States · United States Congress · 27 January 1981
Amends the Powerplant and Industrial Fuel Use Act of 1978 to limit, to 12 1/2 percent of the value of the coal produced yearly, the amount of all State and local severance taxes or fees on coal shipped in interstate commerce to any powerplant or major installation.
United States · United States Congress · 27 January 1981
National Tourism Policy Act - Title I: National Tourism Policy - Declares that the purpose of this Act is to establish a cooperative effort between the Federal Government, State and local governments, and other concerned public and private organizations to implement a national tourism policy. Title II: United States Travel and Tourism Administration - Establishes as an independent agency the United States Travel and Tourism Administration. Authorizes the Administration to assist Congress and the Federal agencies having policy and programmatic responsibilities affecting tourism. Directs the Administrator, by April 15, 1982, to submit a detailed tourism development plan to specified Congressional committees. Requires each Federal agency upon the request of the Administrator to: (1) make its services, personnel, and facilities available to assist the Administration; and (2) furnish the Administration necessary information, suggestions, estimates, and statistics. Prohibits the Administration from providing transportation or accommodations in competition with businesses engaged in providing such transportation or accommodations. Directs the Administration to submit budget information, legislative recommendations, prepared testimony for Congressional hearings, and reports to the President or to the Office of Management and Budget and, concurrently, to Congress. Directs the Administration to submit an annual report to the President for transmittal to Congress. Authorizes the Administrator to provide financial assistance to regions of not less than two States or portions of two States for the implementation of regional tourism promotional and marketing programs which shall serve as demonstration projects. Authorizes appropriations for fiscal year 1982. Establishes the Travel and Tourism Advisory Board. Directs the Secretary of Commerce to complete the transfer of the assets, rights, privileges, powers, duties, and liabilities of the United States Travel Service to the Administration by October 1, 1981. Abolishes the United States Travel Service upon completion of such transfer. Title III: Amendments to the International Travel Act - Amends the International Travel Act of 1961 to extend until September 30, 1981, the time limit for the reduction in the number of employees of the United States Travel Service. Prohibits the Secretary of Commerce from reducing: (1) the number of United States Travel Service employees in offices in foreign countries to a level below that authorized for fiscal year 1979; and (2) the amount of funds appropriated pursuant to this Act for financing the activities of such foreign offices to a level below that authorized for fiscal year 1979.
United States · United States Congress · 22 January 1981
Capital Cost Recovery Act of 1981 - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Permits calculation of the investment tax credit for such property without regard to the useful life of the property. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits a taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.
United States · United States Congress · 22 January 1981
Permits taxpayers to designate on their income tax returns an election to contribute any portion of their income tax refunds or any additional contributions forwarded with the returns to the support of the arts. Directs the Secretary of the Treasury to modify income tax return forms to notify taxpayers of their option to contribute. Authorizes the payment of 100 percent of taxpayer refunds or contributions designated for the support of the arts to the National Endowment for the Arts (Arts Endowment). Directs the transfer of all such amounts, on a proportionate basis, to State arts agencies. Treats payments of funds to State agencies as donations from private persons and not as Federal assistance. Directs the transfer of amounts transferred to State agencies under this Act, on a proportionate basis, to local arts agencies. Imposes restrictions on the use of funds transferred to the Arts Endowment or State or local arts agencies for administrative purposes. Prohibits any local agency to which funds are paid under this Act from requiring any applicant for funds to meet any matching requirement. Prohibits the use of funds raised under this Act for grants to any endowment funds or for other investment purposes.
United States · United States Congress · 22 January 1981
Authorizes the President to present on behalf of the Congress specially struck gold medals to fifty-three individuals held hostage in the United States Embassy in Iran. Directs the Secretary of the Treasury to: (1) strike fifty-three gold medals with suitable emblems, devices and inscriptions; and (2) coin and sell bronze duplicates of such medals. Authorizes appropriations.
United States · United States Congress · 22 January 1981
Amends the Internal Revenue Code to exclude from gross income interest or dividends earned on savings deposits which are used by the deposit institutions for residential mortgage lending purposes.
![Official portrait of Rep. Nowak, Henry [D-NY-33]](https://www.congress.gov/img/member/n000163_200.jpg)