United States · United States Congress · 22 January 1974
Federal Credit Union Amendments Act - Extends the powers of Federal credit unions to enable them to invest funds in the purchase of conditional sales contracts and similar instruments of members. States that the Board of Directors shall have charge of investments other than loans to members, except that the Board may designate a committee of their number to act as an investment committee or designate any qualified individual to act as an investment officer, to have charge of making investments under rules and procedures established by the Board of Directors. Provides that the Federal credit union supervisory committee shall make an annual audit and shall submit a report of that audit to the Board of Directors. States that any insured credit union other than a Federal credit union may, upon not less than ninety-days written notice to the Administrator and upon the affirmative vote of a majority of its members within one year prior to the giving of such notice or upon obtaining a certificate of insurance from a corporation authorized and duly licensed to insure the accounts of such credit union terminate its status as an insured credit union.
United States · United States Congress · 21 January 1974
Provides that the term "Federal property" for purposes of assistance to local educational agencies for the education of children of low-income families does not include any real property which was transferred to the U.S. Postal Service and was, prior to such transfer, treated as Federal property for purposes of assistance for local educational agencies in areas affected by Federal activity.
United States · United States Congress · 20 December 1973
Provides that the bill H.R. 8449, together with the Senate amendment thereto, be taken from the Speaker's table to the end that the Senate amendment be agreed to with an amendment as follows: "Strike out Title III of the Senate amendment in the nature of a substitute." Provides that immediately upon the adoption of this resolution the bill H.R. 8449, together with the Senate amendment be taken from the Speaker's table to the end that the Senate amendment be, and the same is hereby, agreed to with an amendment as follows: "strike out Title III of the Senate amendment in the nature of a substitute.
United States · United States Congress · 12 December 1973
Provides for the establishment of the Lyndon Baines Johnson Memorial Grove on the Potomac, in Washington, D.C. States that the authorization granted by this resolution shall lapse unless development of the memorial is begun within ten years of the enactment of this resolution.
United States · United States Congress · 10 December 1973
National Energy Development Bank Act - States that it is the purpose of this Act to establish a National Energy Development Bank to provide loans and grants to finance urgently needed research, exploration, development, production, and delivery of energy resources within the United States and to minimize this Nation's dependence on foreign sources of energy supplies. Creates a body corporate to be known as the National Energy Development Bank which shall be an instrumentality of the United States Government. Provides that except to the extent inconsistent with the provisions of this Act, the Bank shall have the general corporate powers of a corporation organized and existing under the laws of the District of Columbia. Provides that the Bank shall have capital stock of $1,000,000,000 subscribed by the United States. States that the obligations of the Bank under this Act shall be fully and unconditionally guaranteed both as to interest and principal by the United States and such guarantee shall be expressed on the face thereof. Authorizes the several Federal Reserve banks to purchase or discount any note, debenture, bond, or other obligation, secured or unsecured, held by the Bank. Allows the Bank to make loans to organizations, corporations, companies, partnerships, and individuals at an interest rate of not greater than 4 per centum per annum: provided, that borrowers have presented evidence that they are unable to obtain funds on reasonable terms from any other source to carry out the purpose of this Act. Provides that to carry out the purpose of this Act, the Bank may make grants to nonprofit organizations, nonprofit corporations, nonprofit companies, and institutions of higher education. Directs the Bank's Board to give preferential treatment in the making of loans and grants to: (1) new technology in the energy field; (2) new sources of energy; (3) research in the development of new technology and sources of energy; and other specified areas. Authorizes appropriation, without fiscal year limitation, of $1,000,000,000, to the Secretary of the Treasury to finance the purchase of Bank stock. Authorizes to be appropriated, without fiscal year limitation, such sums as may be necessary to pay the difference, if any, between the interest paid by the Bank on its obligations and interest received by the Bank on its loans, and to reimburse the capital of the Bank to the extent of any defaults, and such additional sums as may be necessary to establish and operate the Bank and otherwise carry out the purpose of this Act.
United States · United States Congress · 7 December 1973
Authorizes the Secretary of the Treasury to change the alloy and weight of the one-cent piece whenever he determines that the use of copper in such piece is no longer practicable. (Amends 31 U.S.C. 317)
United States · United States Congress · 15 November 1973
Authorizes the establishment of the Big Thicket National Preserve in the State of Texas. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act, but not to exceed $63,812,000 for the acquisition of lands and interests in lands and not to exceed $7,000,000 for development.
United States · United States Congress · 13 November 1973
Foreign Bank Control Act - States that, except as provided by this Act, no foreign person may, directly or indirectly, engage in banking in the United States. Requires that, within one year after the date of enactment of this Act, the Secretary of the Treasury shall, in consultation with the Board of Governors of the Federal Reserve System, issue guidelines with respect to the optimal level of banking in the United States which should be conducted by subsidiaries of foreign persons chartered or deemed to be chartered under this Act. Provides that in no event shall the Secretary recommend the granting or extension of a charter under this Act for the subsidiary of any foreign person or group of foreign persons if any person or persons organized or created under the laws of the United States or any State own or control more than 5 percent of the combined voting power of all classes of stock entitled to vote of any such foreign person. Sets forth the form and procedure by which foreign persons may apply for banking charters in the United States. States that the Secretary may recommend that a Federal or State charter be granted only if the Secretary finds that the granting of the charter would increase banking competition, promote the convenience and needs of the community and is not contrary to the national public interest, and furthers the foreign commerce of the United States. Provides that in reviewing applications for charters the Secretary shall consider restrictions on entry imposed on American banks by foreign governments and shall seek to establish parity in the level of banking interchange. Requires charter applicants to have $2,000,000 capital stock. Provides that such foreign banking subsidiaries shall have power to purchase, sell, discount, and negotiate, with or without its endorsement or guaranty, notes, drafts, checks, bills of exchange, acceptances, and other usual banking powers. Provides that in no event shall any foreign person have at any one time more than one subsidiary which has been granted a State charter under this Act by more than one state; and more than five subsidiaries which have been granted Federal charters under this Act. Requires such subsidiaries to maintain the same ratio of reserves against all classes of liabilities as comparably located Federal Reserve member banks maintain against deposits. Prohibits a subsidiary of a foreign person or group of foreign persons which has been granted a Federal or State charter under this Act from being a member of the Federal Reserve System. States that such subsidiaries shall not merge or consolidate with any other person, including any other subsidiary which has been granted a Federal or State charter under this Act. Requires the Comptroller General, with the approval of the Secretary, to appoint examiners who shall examine twice in each calendar year every such subsidiary. Provides that no person organized or created under the laws of the United States or any State may purchase or otherwise obtain any shares of stock or acquire any other interest in any such subsidiary. Prohibits any foreign person or group of foreign persons, directly or indirectly, from purchasing or otherwise obtaining control of more than 5 percent of the combined voting power of all classes of stock entitled to vote of any bank or bank holding company. Provides that whenever any foreign person or group of foreign persons: (1) control any bank organized under the laws of the United States or any State; or (2) own or control more than 5 percent of the combined voting power of all classes of stock entitled to vote of any bank organized under the laws of the United States or any State, then such bank be deemed to be a subsidiary of a foreign person or group of foreign persons chartered under this Act. Empowers the Board to revoke or suspend any such charter after opportunity for a hearing if: (1) the subsidiary is conducting its business in an unsafe or unsound manner; (2) the continued operation of the subsidiary is contrary to the national public interest; or (3) any of the foreign persons or the subsidiary violates any rule perscribed by the Board or Secretary under this Act.
United States · United States Congress · 30 October 1973
American Folklife Preservation Act - Creates an American Folklife Center in the Library of Congress. Provides that the center shall be subject to the supervision and direction of a board of trustees. Provides that such board shall be composed of four members appointed by the President, eight members appointed by the Librarian of Congress, the Librarian of Congress ex officio and the director of the center ex officio. Authorizes the centers to establish and implement a program of contracts, grants, revitalize and scholarships to preserve, protect, revitalize and disseminate American folklife traditions and arts. Provides that no payment shall be made pursuant to this Act to carry out any research or training over a period in excess of two years. States that such research or training may be extended to a period not to exceed five years with the concurrance of at least two-thirds of the members of the board. Provides that no former employee of the Federal government shall be eligible to receive any grant or other assistance under this Act in the two year period following the termination of such employment. Requires the center to submit to the Library of Congress, for inclusion in its annual report to the Congress, an annual report of its operations under this Act. Authorizes such sums as may be necessary to carry out the provisions of this Act.
United States · United States Congress · 29 October 1973
Community Mental Health Centers Extension Act - Declares the finding of Congress that community care is the most effective and humane form of care for the majority of mentally ill and retarded individuals. States that it is the Federal Government's responsibility to insure the expansion of the community mental health center concept. Authorizes appropriations for grants for facilities of public and nonprofit community mental health centers. Provides for grants for specified portions of the costs of operation of such centers, under the Community Mental Health Centers Act. States that where an application for a grant is made, the applicant must provide specified assurances, including that specialized services will be provided for the mental health of children and of the elderly. Sets forth requirements for an applicant providing programs for alcoholism and drug abuse. Limits the amount of appropriations which may be used for the evaluation of programs under this Act. Distinguishes, for purposes of granting assistance, between community mental health centers serving poverty areas and those not serving poverty areas. Provides for grants to community mental health centers for consultation and education services. Authorizes appropriations of such sums as may be necessary for funding such grants . States that no individual, especially alcoholics, narcotic addicts and other persons with drug dependence problems, shall be made the subject of any research carried out with funds provided by specified portions of this Act unless such individual explicitly agrees to become a subject of such research. Repeals specified provisions of the Community Mental Health Centers Act.
United States · United States Congress · 17 October 1973
Financial Institutions Act - Title I: Payment of Interest on Deposit Accounts - States that the Federal Reserve Board may from time to time, after consulting with the Board of Directors of the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board, and the Secretary of the Treasury, prescribe rules governing the payment and advertisement of interest on deposits, including limitations on the rates of interest which may be paid by member banks on time and savings deposits. States that eighteen months after the enactment of this Act, the Board shall prescribe interest rate limitations on deposits in all member banks which will begin to eliminate all differential rates among all depository institutions. States that the authority to limit the rates of interest or dividends shall only be exercised by the Board for five years and six months after the enactment of this Act. Directs the Board of Directors of the Federal Deposit Insurance Corporation to prohibit the payment of interest or dividends on demand deposits in insured nonmember banks. Requires each depository institution which pays interest on deposits to disclose annually and at the time any earnings report is made either in person or by mailing to the depositor's last known address, the amount of earnings paid. Title II: Expanded Deposit Liability Powers and Reserves - States that every member bank shall maintain reserves against its deposits in such rations as shall be determined by the affirmative vote of not less than four members of the Board. Directs the Federal Home Loan Bank Board to make and promulgate regulations governing the transfer of funds and charges therefor among the Federal Home Loan Banks and members thereof and to exercise the functions of a clearinghouse for such banks or designate any such bank to exercise such function. Title III: Lending and Investment Powers - Authorizes Savings and Loan Associations, without limitation except as provided by the Federal Home Loan Bank Board, to invest in, sell, or service the following loans, including obligations and advances of credit, and investments and interests therein: (1) consumer loans; (2) loans secured by or make for the alteration, repair, or improvement of real property; (3) loans made to finance construction; (4) loans made for community welfare and development; and (5) commercial paper and corporate debt securities. Title IV: Charters for Thrift Institutions - Provides that in order to provide thrift institutions in which people may invest their funds and in order to provide for the financing of homes and other goods and services which people may require, the Federal Home Loan Bank Board is authorized to provide for the organization, incorporation, conversion, examination, operation, and regulation, under such rules, regulations, or orders as it may prescribe, of associations which may be known as Federal Savings and Loan Associations or Federal Savings Banks. States that in issuing charters therefor, the Board shall give primary consideration to the best practices of thrift institutions and the needs of the communities to be served. Redesignates the Federal Savings and Loan Insurance Corporation as the Federal Savings Insurance Corporation. Directs the Corporation to insure the accounts of institutions eligible for insurance. Provides that the Corporation shall be under the direction of the Federal Home Loan Bank Board and is authorized to issue such rules, regulations, and orders as it may deem necessary or appropriate to enable it to administer and carry out the purposes of this title and to require compliance therewith and prevent evasions thereof. Authorizes any State mutual institution and any credit union to convert to a Federal mutual association, and any State stock institution to convert to a Federal stock association, upon a vote of at least a majority of the votes cast at a meeting of its members or shareholders properly called to consider such action. States that in issuing rules, regulations, and orders to implement this paragraph, the Board shall take action to assure that accurate and adequate disclosure of the terms and effects of plans of conversion is provided to account holder members and other purchases of capital stock in converted associations. Provides that any party aggrieved by final action of the Board under this subsection may obtain review thereof by filing in the court of appeals of the United States for the circuit in which the home office of the association seeking to convert is located, or in the United States Court of Appeals for the District of Columbia Circuit, within thirty days after the date of service upon the said association of the document reflecting such action, a written petition praying that the action of the Board be modified, terminated, or set aside. Title V: Credit Unions - States that the Congress finds that the stability of credit unions will encourage savings and will be promoted by establishing a National Credit Union Administration Discount Fund to provide funds to meet emergency and temporary liquidity problems of its members. Establishes the National Credit Union Adminstration Discount fund. Provides that the management of the Discount Fund shall be vested in the Administrator. States that the Board of the National Credit Union Administration shall also be the Board for the Discount Fund. Stipulates that in order to facilitate the formation of the Discount Fund the Secretary of the Treasury is authorized to advance an amount not in excess of $25,000 to be utilized for the initial organizational and operating expenses of the Discount Fund. Provides that each credit union which is chartered after the enactment of this title and which is accepted for membership in the Discount Fund within one year from the date it is chartered shall pay $25 in cash to be credited to its purchase of stock in the Discount Fund. States that at the expiration of one year from the date of its charter, a newly-organized credit union which is accepted for membership in the Discount Fund shall subscribe for stock in the Discount Fund in an amount equal to one-half of 1 percent of the paid-in and unimpaired capital and surplus, but in no event shall this amount be less than $50. Authorizes the Administrator to make advances to members of the Discount Fund upon such security as he may prescribe. Requires the Administrator to maintain an integral set of accounts of the Discount Fund which shall be audited annually by the General Accounting Office. States that, not later than ninety days after the close of each calendar year, the Administrator shall prepare and submit to the President and to the Congress a full report of the activities of the Discount Fund for each previous fiscal year. States that the Discount Fund, its property, its franchise, capital, reserves, surplus, security holdings, and other funds, and its income shall be exempt from all taxation now and hereafter imposed by the United States or by any State or local taxing authority; except that any real property and tangible personal property of the Discount Fund shall be subject to Federal, State, and local taxation to the same extent according to its value as other such property is taxed. Title VI: Government Insured and Guaranteed Mortgage Loans - States that interest rates for mortgages and loans insured under the National Housing Act shall be as agreed to by the mortgagee and mortgagor, or lendor and borrower, unless the Secretary determines that such rate is excessive in view of the current interest rates in the mortgage or loan market areas involved.
United States · United States Congress · 13 September 1973
Provides for an audit by the General Accounting Office of the Federal Reserve Board, and of banks and branches. Authorizes the appropriation of an additional $60,000,000 for the construction of Federal Reserve bank branch buildings.
United States · United States Congress · 12 September 1973
Extends for one year the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages under the Federal Housing Administration Insurance Programs. Extends the authorizations pursuant to the following programs relating to housing and urban development: (1) urban renewal, (2) model cities, (3) open-space land, (4) neighborhood facility grants, (5) rehabilitation loans, (6) new community development, and (7) rural housing.
United States · United States Congress · 31 July 1973
Provides for a temporary extension of the authority of the Secretary of Housing and Urban Development to regulate the insurance of loans and mortgages.
United States · United States Congress · 30 July 1973
Authorizes the printing of 5,000 additional copies of the joint committee print "Soviet Economic Prospects for the Seventies" for the use of the Joint Economic Committee.
United States · United States Congress · 25 July 1973
Fire Prevention And Control Act - Declares it to be the finding of Congress that the federal government must help to develop sulutions to fire problems. States that the intention of Congress is to supplement existing programs of fire research, training, and education, and to encourage new and improved programs and activities by State and local governments. Title I: United States Fire Administration - Establishes, within the Department of Housing and Urban Development, the United States Fire Administration. Sets forth the duties of the Administration, including: (1) to survey the fire problem, evaluate progress in fire prevention, assess new problem areas, and to evaluate the cost; (2) to recommend actions to be taken by federal, state, and local governments and private organizations and individuals to improve fire prevention; (3) to act as a coordinator of studies of fire protection methods; (4) to cooperate with and render assistance to other federal departments, to all organizations in matters relating to fire prevention and control; and (5) to undertake research relating to fire prevention and control. Title II: National Fire Academy - Establishes, within the Administration, a National Fire Academy; (1) to facilitate specialized training in fire protection; (2) to assist State and local jurisdictions in planning and implementing fire protection programs; (3) to assist the dissemination of information on fire prevention and control; and (4) to encourage fire protection agencies to give greater attention to fire prevention measures. Directs the Academy to establish a National Fire Academy Advisory Board. Sets forth composition and compensation of Board members. Title III: National Fire Data System - Establishes within the Administration a National Fire Data System. Directs the System to collect data on fire injuries and deaths, property losses, and information concerning causes, locations, and numbers of fires, to be incorporated into an information retrieval system. Title IV: Research and Development - Sets forth the functions and responsibilities of the Administration, including to (1) evaluate the total area of fire research needs in the Federal, state, and local government sectors and the private sector; (2) sponsor and encourage research into promising but highly unconventional solutions to fire problems; and (3) encourage research on firefighting equipment and personal protective equipment for firefighters. Title V: Grants for State and Local Program Assistance - Directs the Administration to make grants to States for (1) the establishment and operation of state fire prevention and control planning agencies; and (2) for programs to improve and strengthen fire prevention and control. Sets forth the requirements a State plan must encompass in order to receive grants. Directs the allocation of funds appropriated to the Administration for the purpose of making grants. Title VI: Functions of Certain Other Federal Agencies - Expands the authorizations of the Secretary of Commerce to include specified fire research and safety programs. Directs the Secretary of Health, Education, and Welfare to establish, within the National Institutes of Health, a program to augment current sponsorship of research on burns and burn treatment. Requires the Federal Insurance Administration to provide low-cost insured loans to homeowners and businessmen for the purpose of installing fire protection equipment. Title VII: Administrative Provisions - Grants the Administration specified powers in carrying out its functions including (1) the power to hold hearings; and (2) to use services of the Department of Housing and Urban Development. Sets forth the procedure to be followed when an application for a grant has been rejected. Directs the Administration to carry out the programs of this Act during fiscal year 1974, and for the five succeeding fiscal years. Authorizes appropriations of $5,000,000 for fiscal year 1974, $50,000,000 for fiscal year 1975, and $128,000,000 for fiscal year 1976, and for succeeding fiscal years such sums as the Congress might authorize. Title VIII: General Provisions - Makes the provisions of this Act separable if one is found invalid.
United States · United States Congress · 18 July 1973
Fire Prevention And Control Act - Declares it to be the finding of Congress that the federal government must help to develop sulutions to fire problems. States that the intention of Congress is to supplement existing programs of fire research, training, and education, and to encourage new and improved programs and activities by State and local governments. Title I: United States Fire Administration - Establishes, within the Department of Housing and Urban Development, the United States Fire Administration. Sets forth the duties of the Administration, including: (1) to survey the fire problem, evaluate progress in fire prevention, assess new problem areas, and to evaluate the cost; (2) to recommend actions to be taken by federal, state, and local governments and private organizations and individuals to improve fire prevention; (3) to act as a coordinator of studies of fire protection methods; (4) to cooperate with and render assistance to other federal departments, to all organizations in matters relating to fire prevention and control; and (5) to undertake research relating to fire prevention and control. Title II: National Fire Academy - Establishes, within the Administration, a National Fire Academy; (1) to facilitate specialized training in fire protection; (2) to assist State and local jurisdictions in planning and implementing fire protection programs; (3) to assist the dissemination of information on fire prevention and control; and (4) to encourage fire protection agencies to give greater attention to fire prevention measures. Directs the Academy to establish a National Fire Academy Advisory Board. Sets forth composition and compensation of Board members. Title III: National Fire Data System - Establishes within the Administration a National Fire Data System. Directs the System to collect data on fire injuries and deaths, property losses, and information concerning causes, locations, and numbers of fires, to be incorporated into an information retrieval system. Title IV: Research and Development - Sets forth the functions and responsibilities of the Administration, including to (1) evaluate the total area of fire research needs in the Federal, state, and local government sectors and the private sector; (2) sponsor and encourage research into promising but highly unconventional solutions to fire problems; and (3) encourage research on firefighting equipment and personal protective equipment for firefighters. Title V: Grants for State and Local Program Assistance - Directs the Administration to make grants to States for (1) the establishment and operation of state fire prevention and control planning agencies; and (2) for programs to improve and strengthen fire prevention and control. Sets forth the requirements a State plan must encompass in order to receive grants. Directs the allocation of funds appropriated to the Administration for the purpose of making grants. Title VI: Functions of Certain Other Federal Agencies - Expands the authorizations of the Secretary of Commerce to include specified fire research and safety programs. Directs the Secretary of Health, Education, and Welfare to establish, within the National Institutes of Health, a program to augment current sponsorship of research on burns and burn treatment. Requires the Federal Insurance Administration to provide low-cost insured loans to homeowners and businessmen for the purpose of installing fire protection equipment. Title VII: Administrative Provisions - Grants the Administration specified powers in carrying out its functions including (1) the power to hold hearings; and (2) to use services of the Department of Housing and Urban Development. Sets forth the procedure to be followed when an application for a grant has been rejected. Directs the Administration to carry out the programs of this Act during fiscal year 1974, and for the five succeeding fiscal years. Authorizes appropriations of $5,000,000 for fiscal year 1974, $50,000,000 for fiscal year 1975, and $128,000,000 for fiscal year 1976, and for succeeding fiscal years such sums as the Congress might authorize. Title VIII: General Provisions - Makes the provisions of this Act separable if one is found invalid.
United States · United States Congress · 26 June 1973
Provides that educational assistance afforded to eligible veterans under the Veterans' Educational Assistance Chapter shall remain available until used (presently available until 8 years after discharge). (Amends 38 U.S.C. 1662)
United States · United States Congress · 20 June 1973
Fire Prevention And Control Act - Declares it to be the finding of Congress that the federal government must help to develop sulutions to fire problems. States that the intention of Congress is to supplement existing programs of fire research, training, and education, and to encourage new and improved programs and activities by State and local governments. Title I: United States Fire Administration - Establishes, within the Department of Housing and Urban Development, the United States Fire Administration. Sets forth the duties of the Administration, including: (1) to survey the fire problem, evaluate progress in fire prevention, assess new problem areas, and to evaluate the cost; (2) to recommend actions to be taken by federal, state, and local governments and private organizations and individuals to improve fire prevention; (3) to act as a coordinator of studies of fire protection methods; (4) to cooperate with and render assistance to other federal departments, to all organizations in matters relating to fire prevention and control; and (5) to undertake research relating to fire prevention and control. Title II: National Fire Academy - Establishes, within the Administration, a National Fire Academy; (1) to facilitate specialized training in fire protection; (2) to assist State and local jurisdictions in planning and implementing fire protection programs; (3) to assist the dissemination of information on fire prevention and control; and (4) to encourage fire protection agencies to give greater attention to fire prevention measures. Directs the Academy to establish a National Fire Academy Advisory Board. Sets forth composition and compensation of Board members. Title III: National Fire Data System - Establishes within the Administration a National Fire Data System. Directs the System to collect data on fire injuries and deaths, property losses, and information concerning causes, locations, and numbers of fires, to be incorporated into an information retrieval system. Title IV: Research and Development - Sets forth the functions and responsibilities of the Administration, including to (1) evaluate the total area of fire research needs in the Federal, state, and local government sectors and the private sector; (2) sponsor and encourage research into promising but highly unconventional solutions to fire problems; and (3) encourage research on firefighting equipment and personal protective equipment for firefighters. Title V: Grants for State and Local Program Assistance - Directs the Administration to make grants to States for (1) the establishment and operation of state fire prevention and control planning agencies; and (2) for programs to improve and strengthen fire prevention and control. Sets forth the requirements a State plan must encompass in order to receive grants. Directs the allocation of funds appropriated to the Administration for the purpose of making grants. Title VI: Functions of Certain Other Federal Agencies - Expands the authorizations of the Secretary of Commerce to include specified fire research and safety programs. Directs the Secretary of Health, Education, and Welfare to establish, within the National Institutes of Health, a program to augment current sponsorship of research on burns and burn treatment. Requires the Federal Insurance Administration to provide low-cost insured loans to homeowners and businessmen for the purpose of installing fire protection equipment. Title VII: Administrative Provisions - Grants the Administration specified powers in carrying out its functions including (1) the power to hold hearings; and (2) to use services of the Department of Housing and Urban Development. Sets forth the procedure to be followed when an application for a grant has been rejected. Directs the Administration to carry out the programs of this Act during fiscal year 1974, and for the five succeeding fiscal years. Authorizes appropriations of $5,000,000 for fiscal year 1974, $50,000,000 for fiscal year 1975, and $128,000,000 for fiscal year 1976, and for succeeding fiscal years such sums as the Congress might authorize. Title VIII: General Provisions - Makes the provisions of this Act separable if one is found invalid.
United States · United States Congress · 15 May 1973
Extends for two years (until July 1, 1975) the authority of Federal Reserve banks under the Federal Reserve Act to purchase United States obligations directly from the Treasury. Directs the Comptroller General, to make, under such rules and regulations as he shall prescribe, an audit for each fiscal year of the Federal Reserve Board and the Federal Reserve banks and their branches. Requires the comptroller General to make a report of such an audit to the Congress.
United States · United States Congress · 10 May 1973
Increases the limitation on the face amount of flood insurance coverage authorized to be outstanding under the Housing and Urban Development Act from $4,000,000,000 to $6,000,000,000.
United States · United States Congress · 9 May 1973
Fire Prevention And Control Act - Declares it to be the finding of Congress that the federal government must help to develop sulutions to fire problems. States that the intention of Congress is to supplement existing programs of fire research, training, and education, and to encourage new and improved programs and activities by State and local governments. Title I: United States Fire Administration - Establishes, within the Department of Housing and Urban Development, the United States Fire Administration. Sets forth the duties of the Administration, including: (1) to survey the fire problem, evaluate progress in fire prevention, assess new problem areas, and to evaluate the cost; (2) to recommend actions to be taken by federal, state, and local governments and private organizations and individuals to improve fire prevention; (3) to act as a coordinator of studies of fire protection methods; (4) to cooperate with and render assistance to other federal departments, to all organizations in matters relating to fire prevention and control; and (5) to undertake research relating to fire prevention and control. Title II: National Fire Academy - Establishes, within the Administration, a National Fire Academy; (1) to facilitate specialized training in fire protection; (2) to assist State and local jurisdictions in planning and implementing fire protection programs; (3) to assist the dissemination of information on fire prevention and control; and (4) to encourage fire protection agencies to give greater attention to fire prevention measures. Directs the Academy to establish a National Fire Academy Advisory Board. Sets forth composition and compensation of Board members. Title III: National Fire Data System - Establishes within the Administration a National Fire Data System. Directs the System to collect data on fire injuries and deaths, property losses, and information concerning causes, locations, and numbers of fires, to be incorporated into an information retrieval system. Title IV: Research and Development - Sets forth the functions and responsibilities of the Administration, including to (1) evaluate the total area of fire research needs in the Federal, state, and local government sectors and the private sector; (2) sponsor and encourage research into promising but highly unconventional solutions to fire problems; and (3) encourage research on firefighting equipment and personal protective equipment for firefighters. Title V: Grants for State and Local Program Assistance - Directs the Administration to make grants to States for (1) the establishment and operation of state fire prevention and control planning agencies; and (2) for programs to improve and strengthen fire prevention and control. Sets forth the requirements a State plan must encompass in order to receive grants. Directs the allocation of funds appropriated to the Administration for the purpose of making grants. Title VI: Functions of Certain Other Federal Agencies - Expands the authorizations of the Secretary of Commerce to include specified fire research and safety programs. Directs the Secretary of Health, Education, and Welfare to establish, within the National Institutes of Health, a program to augment current sponsorship of research on burns and burn treatment. Requires the Federal Insurance Administration to provide low-cost insured loans to homeowners and businessmen for the purpose of installing fire protection equipment. Title VII: Administrative Provisions - Grants the Administration specified powers in carrying out its functions including (1) the power to hold hearings; and (2) to use services of the Department of Housing and Urban Development. Sets forth the procedure to be followed when an application for a grant has been rejected. Directs the Administration to carry out the programs of this Act during fiscal year 1974, and for the five succeeding fiscal years. Authorizes appropriations of $5,000,000 for fiscal year 1974, $50,000,000 for fiscal year 1975, and $128,000,000 for fiscal year 1976, and for succeeding fiscal years such sums as the Congress might authorize. Title VIII: General Provisions - Makes the provisions of this Act separable if one is found invalid.
United States · United States Congress · 30 April 1973
Authorizes grants to Eisenhower College, Seneca Falls, New York, out of 10 percent of the amounts received from the sale of silver coins bearing President Eisenhower's likeness.
United States · United States Congress · 19 April 1973
Authorizes and directs the Secretary of the Treasury to make grants to Eisenhower College, in Seneca Falls, New York, out of proceeds from the sale of silver dollar coins bearing the likeness of the late President of the United States, Dwight David Eisenhower.
United States · United States Congress · 16 April 1973
National Diabetes Act - States that it is the purpose of this Act to expand the authority of the National Institute of Arthritis, Metabolism, and Digestive Diseases in order to advance the national attack on diabetes. Authorizes the Director to the National Institute of Arthritis, Metabolism, and Digestive Diseases, with the advice of the National Advisory Council of the Institute, to develop a plan for a national diabetes program. Sets forth general guidelines for such program and provides that the program shall be coordinated with the other programs conducted or administered by the research institutes of the National Institure of Health. Provides that the plan required to be developed by this Act shall be developed within two hundred seventy days after the effective date of this Act. Requires the Director of the Institute at the end of each calender year, to prepare and submit to the President for transmittal to the Congress a report on the activities, progress and accomplishments under the progrom during the preceding year and a plan for the program for the succeding five-year period. to establish programs as necessary in cooperation with other Federal health agencies, state, local and regional public health agencies, and nonprofit private health agencies, in the prevention, control diagnosis and treatment of diabetes, appropriately emphasizing the prevention, control, diagnosis and treatment of such diseases in children. Authorizes to be appropriated $25,000,000 for the fiscal year ending June 30, 1974, $35,000,000 for fiscal year ending June 30, 1975, and $45,000,000 for the fiscal year ending June 30, 1976, for the purpose of establishing such programs. States that the Director of the National Institute of Arthritis, Metabolism, and Digestive Diseases may provide for the development of not less that fifteen centers for basic and clinical research into, training in, and demonstration of advanced diagnostic, prevention and treatment methods for diabetes prevention. States that support of such a center may be for a period of not to exceed five years and may be extended by the Director of the National Institute of Arthritis, Metabolism, and Digestive Diseases for additional periods of not more than five years each, after review of the operations of the centers by a scientific review group established by the Director. Establishes an Interagency Technical Committee on Diabetes which shall be responsible for coordinating those aspects of all Federal Health Programs and activities relating to diabetes.
United States · United States Congress · 3 April 1973
Flood Disaster Protection Act - Title I: Expansion of National Flood Insurance Program - Increases, under the National Flood Insurance Act, to $35,000 the aggregate liability for any single-family dwelling, and to $100,000 for any residential structure containing more than one dwelling unit. Increases to $10,000 the aggregate liability per dwelling unit for any contents related to such unit. Increases to $100,000 the aggregate liability in the case of business properties which are owned, leased, and operated by small business concerns. Increases, in the case of any other properties which may become eligible for flood insurance coverage under the Act, to $100,000 the aggregate liability per unit for any contents related to such unit. Provides that no Federal office or agency shall approve any financial assistance for acquisition or construction purposes on and after July 1, 1973, for use in any area that has been identified by the Secretary of Housing and Urban Development as an area having special flood hazards and in which the sale of flood insurance is authorized under this Act, unless the building or mobile home and any personal property to which such financial assistance relates is, during the anticipated economic or useful life of the project, covered by flood insurance in an amount at least equal to its development or project cost or to the maximum limit of coverage authorized for the particular type of property under the Act, whichever is less. Removes the limit of outstanding notes and obligations that may be issued for purposes of financing the provisions of the Act. (Amends 42 U.S.C. 4016) Increases from $4,000,000,000 to $10,000,000,000 the total authorized face amount of flood insurance outstanding and in force at any one time under the Act. (Amends 42 U.S.C. 4026) Title II: Disaster Mitigation Requirements - Provides that no Federal officer or agency shall approve any financial assistance for acquisition or construction purposes on and after July 1, 1975, for use in any area that has been identified by the Secretary as an area having special flood hazards unless the community in which such area is situated is then participating in the national flood insurance program. Provides that each Federal instrumentality responsible for the supervision, approval, regulation, or insuring of banks, savings and loan associations, or similar institutions shall by regulation prohibit such institutions on and after July 1, 1975, from making, increasing, extending, or renewing any loan secured by improved real estate or a mobile home located or to be located in an area that has been identified by the Secretary as an area having special flood hazards, unless the community in which such area is situated is then participating in the national flood insurance program. Repeals the disaster assistance penalty provision of the Act. Authorizes the Secretary to issue such regulations as may be necessary to carry out the purposes of this Act.
United States · United States Congress · 27 March 1973
Freezes, under the Economic Stabilization Act of 1970, all prices and interest rates at levels no higher than those prevailing on March 16, 1973. Authorizes the President to roll back prices and interest rates to levels lower than those prevailing on such date. Provides for the stabilization of rents at levels prevailing on January 10, 1973. Authorizes the President to roll back rents to levels lower than those prevailing on such date. Provides for the regulation of credit for commodity futures trading by the Board of Governors of the Federal Reserve System. Establishes in the legislative branch an Officer of Consumer Counselor. Provides the Consumer Counselor with duties to carry out the provisions of this Act. Extends for one year (to 1974) the Economic Stabilization Act of 1970.
United States · United States Congress · 15 March 1973
Requires private foundations to diversify their holdings for income tax purposes by providing that for each day on which a private foundation fails to dispose of any non-diversified holding such foundation shall be treated as making an investment, in an amount equal to the amount of such holding, in such a manner as to jeopardize the carrying out of its charitable purposes. (Amends 26 U.S.C. 4944)
United States · United States Congress · 15 March 1973
Establishes the Trust Fund for the Supervision of Private Foundations. Makes the Secretary of the Treasury the trustee of the Fund. Authorizes to be appropriated to the Fund 100 percent of the excise taxes based on the investment income of private foundations. Authorizes the Secretary to make payments of up to $250,000 per year to qualifying States Governments for the purposes of auditing private foundations. States that one-half of Trust Fund amounts may be used by the Internal Revenue Service to supervise compliance of private foundations with the Interanl Revenue Code. Makes provisions for the return to private foundations of any amounts not needed for supervision.
United States · United States Congress · 12 March 1973
Authorizes funds not to exceed $1,226,300 for the expenses of the studies, investigations, and inquiries authorized by H.Res. 18, 93rd Congress for the House Committee on Banking and Currency.
United States · United States Congress · 8 March 1973
Increases, under the Small Business Act, the total amount of loans which are outstanding, not to exceed: (1) $7,400,000,000 under specified sections of this Act and the Economic Opportunity Act; (2) $800,000,000 under title III of the Small Business Investment Act; (3) $650,000,000 under title V of the Small Business Investment Act; and (4) $500,000,000 under the Economic Opportunity Act. (Amends 15 U.S.C. 633(c)(4))
United States · United States Congress · 8 March 1973
Makes it the sense of the Congress that: (1) the producers and distributors of motion pictures and television and radio programs should cease the production and distribution of those films and programs which defame, sterotype, ridicule, demean, or degrade ethnic, racial, or religious groups; (2) those responsible persons in the motion picture and broadcasting industries who are desirous of contributing to the vitality of democratic institutions by promoting ethnic, racial, and religious harmony should establish adequate standards for the production of films and broadcasts which portray ethnic, racial, or religious groups and that such standards should be rigorously enforced by the motion picture and broadcasting industries; and (3) if within one year after the enactment of this resolution the motion picture and broadcasting industries have failed to establish and enforce adequate standards for the production of films and broadcasts which portray ethnic, racial, or religious groups, appropriate committees of the House and Senate shall formulate and propose such measures as are necessary to establish and implement such standards.
United States · United States Congress · 7 March 1973
Provides that specified beneficiaries of veterans under a National Service Life Insurance policy may elect a lump-sum settlement after attaining age 65. (Adds 38 U.S.C. 717(f))
United States · United States Congress · 7 March 1973
Provides for the repeal of the Postal Reorganization Act and reenacts the former postal service provisions of title 39, United States Code. Reestablishes the former Post Office Department as an executive department of the Federal Government.
United States · United States Congress · 6 March 1973
Authorizes the Administrator of Veterans' Affairs to pay to each veteran of World War I who meets service requirements a specified pension. Provides for pension payments to the widow, or to the children of World War I veterans if there is no widow. (Amends 38 U.S.C. 512, 536, 537)
United States · United States Congress · 6 March 1973
Authorizes the Secretary of the Treasury to provide a new coinage design and date emblematic of the bicentennial of the American Revolution for dollars and half-dollars.
United States · United States Congress · 27 February 1973
Extends the authorizations through fiscal year 1974 for the following programs under the Public Works and Economic Development Act of 1965: (1) grants for public works and development facilities; (2) public works and development facility loans; (3) technical assistance, research and information related to public works and development facilities; (4) financial assistance for projects in economic development districts; and (5) supplemental funds for Federal grants-in-aid programs for economic development regions. Provides that no area designated as a redevelopment area for purposes of the Act shall have such designation terminated or modified before June 1, 1974, unless the qualified local governing body of the county specifically requests the such action.
United States · United States Congress · 26 February 1973
Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to certain State housing corporations. Declares it to be the purpose of this Act to provide a means for private financial institutions to assist in providing housing, particularly for low or moderate income families, through such purchases and investments. (Amends 12 U.S.C. 1464 (c), 24)
United States · United States Congress · 22 February 1973
Provides, under the Rural Electrification Act, that the Administrator of the Rural Electrification Administration is directed (presently "empowered") to fully obligate funds made available for each fiscal year for rural electrification programs provided for in such Act. (Amends 7 U.S.C. 901, 902, 904, 922)
United States · United States Congress · 22 February 1973
Provides that, beginning one year after enactment of this Act, no law enforcement grants under the Omnibus Crime Control and Safe Streets Act of 1968 will be made to State and local governments unless these units of government have instituted a law enforcement officer's grievance system and have enacted into law a "Law Enforcement Officers' Bill of Rights" which will cover all law enforcement officers in the States. Declares that this Bill of Rights shall provide law enforcement officers statutory protection for certain rights enjoyed by other citizens. Requires the bill of rights to provide, at a minimum, the following: (1) law enforcement officers shall not be prohibited from engaging in political activity, except when on duty or acting in an official capacity; (2) when an officer is subject to an investigation that could lead to disciplinary action or criminal charges: (a) the investigation shall be conducted at a reasonable hour, preferably while the officer is on duty, (b) the investigation shall occur at the office of the investigating officer or at the precinct where the incident occurred, (c) there shall be one interrogator asking all questions to the officer and the names of all investigating officers shall be known by him, (d) the officer shall know the nature of the investigation and the names of complainants, (e) all civilian complaints must be duly sworn to before an official authorized to administer oaths, (f) interrogating sessions shall be of reasonable length, (g) the officer under investigation shall not be subject to abuse or threats, (h) all interrogations shall be recorded, (i) if the officer is to be placed under arrest, he shall be fully informed of his rights before interrogation, and (j) the officer shall have a right to counsel who shall be present during any interrogations dealing with the officer's continued fitness for law enforcement service; (3) citizen review boards having porportionate police representation; (r) law enforcement officers shall have recourse to civil actions for damages suffered or for abridgement of their civil rights arising out of the performance of official duties; (5) financial disclosures shall not be required unless obtained under legal procedures or there is evidence of a conflict of interests; (6) notice of and reasons for all disciplinary action is required; and (7) no officer shall be disciplined or discriminated against in any way by reason of his exercise of these rights. Establishes in each State and unit of local government a law enforcement officers grievance commission composed of an equal number of governmental representatives, law enforcement officers, and members of the general public which shall have the authority to receive, investigate, and determine complaints and grievances arising from claimed infringement of rights of any law enforcement officer. Allows employee organizations to act on the officer's behalf, at his request, regarding any complaint before the commission. Permits certified employee organizations to initiate actions on behalf of their members. Provides that, in addition to this grievance procedure, law enforcement officers may institute a civil action for redress of the grievances.
United States · United States Congress · 21 February 1973
Authorizes the Secretary of the Treasury to establish a new par value of the dollar of $1 equals 0.828948 Special Drawing Right or, the equivalent in terms of gold, of $1 equals 0.023684 of a fine troy ounce of gold (presently one thirty-eighth of a fine troy ounce of gold) for the purpose of defining the legal standard for the relationship of the dollar to gold for the purpose of issuing gold certificates. (Amends P.L. 92-268)
![Official portrait of Rep. Patman, Wright [D-TX-1]](https://www.congress.gov/img/member/p000103_200.jpg)