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Official portrait of Rep. Quillen, James H. (Jimmy) [R-TN-1]

Rep. Quillen, James H. (Jimmy) [R-TN-1]

United States · Official source

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2,810 records where Rep. Quillen, James H. (Jimmy) [R-TN-1] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· HRH.R. 436 (97th)referred

A bill to amend title 10, United States Code, to allow supplies under the control of departments and agencies within the Department of Defense to be transferred to the Federal Emergency Management Agency as if it were within the Department of Defense and to amend the Federal Civil Defense Act of 1950 to authorize the Federal Emergency Management Agency to loan to State and Local governments property transferred to such agency from other Federal agencies as excess property.

United States · United States Congress · 5 January 1981

Directs any organization or agency within the Department of Defense to make any excess property available to the Federal Emergency Management Agency (FEMA) before making such property available to any other organization outside the Department. States that any transfer of such property to the FEMA requires no reimbursement. Amends the Federal Civil Defense Act of 1950 to authorize the Administrator of the FEMA to loan any property obtained from any Federal agency to State and local governments for civil defense purposes.

Bill· HRH.R. 415 (97th)referred

A bill to amend title II of the Social Security Act to provide that widow's insurance benefits shall be payable at age 50, without actuarial reduction and without regard to disability.

United States · United States Congress · 5 January 1981

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to decrease to 50 the entitlement age for otherwise qualified women to receive widow's insurance benefits. Eliminates actuarial reduction and disability requirements by directing that an individual shall be entitled to a widow's insurance benefit each month, beginning with the first month in which she becomes entitled to such insurance benefits and ending with the month preceding the first month in which any of the following occurs: she remarries, dies, or becomes entitled to an old-age benefit equal to or exceeding the primary insurance amount of her deceased husband.

Bill· HRH.R. 418 (97th)referred

A bill to amend title II of the Social Security Act to provide that the automatic cost-of-living increases in benefits which are authorized thereunder may be made on a semiannual basis (rather than only on an annual basis as at present).

United States · United States Congress · 5 January 1981

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that the automatic cost-of-living increases in benefits be made on a semiannual basis (rather than on the present annual basis).

Bill· HRH.R. 414 (97th)referred

A bill to amend title II of the Social Security Act to provide that an individual 's entitlement to benefits thereunder shall continue through the month of his or her death (without affecting any other person's entitlement to benefits for that month), in order to provide such individual's family with assistance in meeting that extra death-related expenses.

United States · United States Congress · 5 January 1981

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to continue an individual's entitlement to benefits through the month of his or her death without affecting any other person's entitlement to benefits for that month.

Bill· HRH.R. 402 (97th)referred

A bill to amend the Federal Civil Defense Act of 1950 to allow Federal civil defense funds to be used by local civil defense agencies for natural disaster relief, and for other purposes.

United States · United States Congress · 5 January 1981

Amends the Federal Civil Defense Act of 1950 to authorize the use of Federal civil defense funds by local civil defense agencies for natural disaster or civil disturbance relief. Increases the Federal contribution for travel expenses and per diem allowances for students in civil defense training programs. Increases the Federal financial contribution to States for civil defense personnel and administrative expenses. Extends the emergency authority of the President contained in such Act until September 30, 1981. Increases the authorization for appropriations under such Act for travel expenses, personal equipment for State and local workers, and personnel and administrative expenses.

Bill· HRH.R. 432 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to exempt nonprofit volunteer firefighting or rescue organizations from the Federal excise taxes on gasoline, diesel fuel, and certain other articles and services.

United States · United States Congress · 5 January 1981

Amends the Internal Revenue Code to exempt nonprofit volunteer firefighting or rescue organizations from the excise tax on sales of special fuels, automotive parts, petroleum products, and communication services.

Bill· HRH.R. 419 (97th)referred

Independent Local Newspaper Act of 1981

United States · United States Congress · 5 January 1981

Independent Local Newspaper Act of 1981 - Amends the Internal Revenue Code to provide for the establishment of independent local newspaper advance estate tax trusts to facilitate payment of the estate tax imposed upon the estate of a decedent who owned an interest in an independent local newspaper. Sets forth requirements for the establishment of such trusts, including requirements that such trusts: (1) be created pursuant to a plan adopted by the newspaper; (2) be governed by a written instrument which requires that contributions to and income of the trust be invested solely in obligations of the United States; (3) name as trustee a bank or another individual who is capable of administering such trust in compliance with the requirements of this Act; (4) maintain trust assets separately from other property; (5) accept contributions exclusively from independent local newspapers; (6) devote assets of the trust solely to the payment of the estate tax; and (7) distribute any excess funding of the trust to its beneficiaries or their estates. Limits an individual who owns interests in several independent local newspapers to participation in not more than one estate tax payment trust. Defines an "independent local newspaper" as a newspaper publication which is not a member of a chain and which maintains all its offices in a single city, community or metropolitan area, or, on January 1, 1981, within one State. Defines "excess funding" as the excess of the face value of the assets of a qualified trust over: (1) 70 percent of the value of a decedent's interest in an independent local newspaper which is includable in his gross estate; or (2) a decedent's estate tax which is attributable to his interest in an independent local newspaper included in his gross estate. Exempts independent local newspaper advance estate tax trusts and the individuals for whom such trusts are established from income taxation with respect to income earned by such trust. Terminates such tax-exempt status if the taxpayer's interest in the newspaper is sold, the newspaper itself is sold or ceases to qualify as an independent newspaper, or there is an excess funding of the trust. Provides that the amount of any excess funding shall be distributed to the individual for whom the trust was created and included in his gross income or gross estate. Allows an income tax deduction to local independent newspapers for contributions made to estate tax payment trusts. Limits the amount of such deduction to 50 percent of the taxable income derived from such newspaper for the taxable year. Requires the redetermination of the estate tax of an individual for whom an independent local newspaper advance estate tax trust is established and the inclusion in the gross estate of such individual of an amount equal to the estate tax payment made by such trust which is attributable to the individual's interest in the newspaper, if the trust or any heir of the individual sells, within 15 years of the death of such individual, any part of the interest in the newspaper with respect to which the trust was created. Provides for the gradual phaseout of any additional estate tax which is imposed due to the premature sale of a newspaper, if the sale does not occur prior to the ten to 15 year period following the death of the individual for whom the estate tax trust is established. Permits the shareholders of an independent local newspaper who receive the stock of a corporation which the newspaper controls to exclude from their gross income any gain realized as a result of such distribution if: (1) the shareholders do not sell such stock within five years after the date of its distribution; (2) the shareholders retain control of the newspaper for five years after the date of the distribution; and (3) the newspaper and the controlled corporation each continue to be engaged in the active conduct of a trade or business through the five year period beginning on the date of the distribution. Excludes from the gross estate of a decedent the value of any interest in an independent local newspaper which he holds at the time of his death and any estate tax payment made by an independent local newspaper advance estate tax payment trust. Permits the executor of an estate which includes an interest in an independent local newspaper to pay the estate tax in two or more (but not exceeding ten) equal installments. Limits the maximum amount of estate tax that may be paid in installments to the excess of the amount of estate tax over the tax that would have been imposed if the interest in the newspaper had not been included in the gross estate, reduced by all payments of the estate tax made by an independent local newspaper advance estate tax payment trust.

Bill· HRH.R. 428 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to provide to individuals who have attained the age of 62 a refundable credit against income tax for increases in real property taxes and utility bills.

United States · United States Congress · 5 January 1981

Amends the Internal Revenue Code to allow individuals who have attained age 62 an income tax credit for the amount by which their property taxes and utility bills for their principal residences have increased since such individuals reached age 62 or purchased their home, whichever occurred later.

Bill· HRH.R. 429 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for amounts paid by an individual for dependent care services to enable him to perform volunteer services for certain organizations.

United States · United States Congress · 5 January 1981

Amends the Internal Revenue Code to allow an income tax deduction for expenses incurred for dependent care services while the taxpayer performs volunteer work for civic and charitable organizations. Limits such deduction to $400 per month. Reduces the allowable amount of such deduction by one-fourth of the amount by which the taxpayer's adjusted gross income exceeds $20,000. Prohibits a deduction for any amounts paid to a relative of the taxpayer for dependent care services.

Bill· HRH.R. 411 (97th)referred

A bill to amend title 38, United States Code, to provide that monthly annuity payments under the Railroad Retirement Act of 1974 shall not be included as income for the purpose of determining eligibility for or the amount of certain veterans' pension and dependency and indemnity compensation benefits.

United States · United States Congress · 5 January 1981

Amends the Veterans' and Survivors' Pension Improvement Act of 1978 and certain other provisions to provide that monthly annuity payments under the Railroad Retirement Act of 1974 shall not be included as income for the purpose of determining eligibility for certain veterans' pensions and dependency and indemnity compensation paid by the Veterans' Administration.

Bill· HRH.R. 425 (97th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that an individual may deduct amounts paid for his higher education, or for the higher education, or for the higher education of any of his dependents.

United States · United States Congress · 5 January 1981

Amends the Internal Revenue Code to allow a taxpayer an income tax deduction for expenses paid for the higher education of the taxpayer or a dependent. Limits the amount of such deduction to $1,000 for each dependent.

Bill· HJRESH.J.Res. 57 (97th)open

A joint resolution proposing an amendment to the Constitution of the United States to provide that appropriations made by the United States shall not exceed its revenues, except in time of war or threat of war as determined by the Congress; and to provide for the systematic paying back of the national debt.

United States · United States Congress · 5 January 1981

Constitutional Amendment - Prohibits the total appropriations of Congress from exceeding estimated revenues. Authorizes the suspension of such prohibition in time of war or threat of war. Prohibits any increase in the national debt as it exists on the date this article is ratified. Sets forth a schedule for repayment of the national debt.

Bill· HRH.R. 8324 (96th)referred

A bill to amend the Internal Revenue Code of 1954 to provide that the requirement that unemployment compensation be reduced by certain retirement benefits will not apply to social security and railroad retirement benefits.

United States · United States Congress · 12 November 1980

Amends the Internal Revenue Code to exempt social security and railroad retirement benefits from the requirement that State unemployment plans reduce unemployment compensation by the amount of pension, retirement or retired pay, annuity, or other similar payments.

Resolution· HCONRESH.Con.Res. 406 (96th)referred

A concurrent resolution expressing the sense of the Congress that the people of the Polish People's Republic should be permitted by other nations to settle their internal affairs by themselves without external intervention.

United States · United States Congress · 20 August 1980

Declares that the people of Poland should be allowed to settle their own affairs, including the formation of independent trade unions and the right to strike, without foreign interference.

Bill· HRH.R. 7824 (96th)referred

Farm Labor Contractor Registration Act Amendments of 1980

United States · United States Congress · 24 July 1980

Farm Labor Contractor Registration Act Amendments of 1980 - Amends the Farm Labor Contractor Registration Act of 1963 to revise the definition of "farm labor contractor" to: (1) broaden specified exclusions from such definition (thus broadening certain exemptions from coverage under such Act); and (2) exclude from such definition (and such coverage) any nonprofit or cooperative association of farmers, growers, or ranchers, duly incorporated under appropriate State laws, and operated solely for the mutual benefit of the members thereof, and any full-time or regular employee of such association or cooperative who engages in such activity solely for such employer. Adds other definitions relating to such revisions. Revises the definition of "agricultural employment" to specify that listed activities take place on a farm or ranch. Limits the definition of "migrant worker" to mean (among individuals engaged in agricultural employment on a farm or ranch on a seasonal or temporary basis) only those who cannot regularly return to their domicile each day after working hours, or who are transported from and to their domicile each workday by the person who recruits, solicits, hires, or furnishes such worker for agricultural employment on a farm or ranch owned or operated by another person.

Bill· HRH.R. 7655 (96th)referred

Tax Reduction-Job Creation Act

United States · United States Congress · 25 June 1980

Tax Reduction - Job Creation Act - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce income tax rates for each category of individual taxpayers. Title II: Incentives for New Plant and Equipment - 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. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. 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 taxpayers 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.

Bill· HRH.R. 7620 (96th)referred

A bill for the relief of Clemente Diaz Ibarra.

United States · United States Congress · 18 June 1980

Declares a named individual to have been lawfully admitted to the United States for permanent residence, under the Immigration and Nationality Act.

Bill· HRH.R. 7555 (96th)referred

A bill to amend title II of the Social Security Act to prevent payment, in certain cases, of disability insurance benefits for a physical or mental condition arising from an individual's commission of a crime or the individual's incarceration in a penal institution, to exclude from the definition of "full time student" any individual incarcerated in a penal institution following a felony conviction, and to deem convicted felons to have refused rehabilitation services under certain circumstances.

United States · United States Congress · 12 June 1980

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) prevent the payment of disability benefits to an individual where the disability occurred in connection with the commission of a crime for which the individual was convicted or where the disability arose from the individuals' confinement in a penal institution; (2) exclude from the definition of "full-time student" any individual incarcerated in a penal institution pursuant to a felony conviction; and (3) state that rehabilitation services shall be considered generally inappropriate for an individual confined in a penal institution pursuant to a felony conviction and that such individual shall be deemed to have refused such services, unless a court of law determines otherwise.

Bill· HRH.R. 7533 (96th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to the vesting and discrimination requirements which apply to certain employer plans.

United States · United States Congress · 10 June 1980

Amends the Internal Revenue Code to provide that deferred compensation plans shall not be deemed as not satisfying minimum vesting standards even if there is a reasonable likelihood that the accrual of benefits or forfeitures under such plans will tend to discriminate in favor of employees who are officers, shareholders, or highly compensated.

Law· HRH.R. 7482 (96th)open

A bill to authorize the President of the United States to present on behalf of Congress a specially struck gold-plated medal to the United States Summer Olympic Team of 1980.

United States · United States Congress · 4 June 1980

Authorizes the President to present a gold-plated medal, on behalf of the Congress, to those athletes selected through the Olympic trial process to be members of the United States Summer Olympic Team of 1980. Directs the Secretary of the Treasury to cause to be stricken 650 such medals with suitable emblems. Declares that such medals are national medals and that funds to carry out this Act shall be made available under the Amateur Sports Act of 1978.

Bill· HJRESH.J.Res. 556 (96th)referred

A joint resolution authorizing the President of the United States to present, on behalf of the Congress, medals designated "The Conscience of the Nation Award" to the families of the eight Americans who died in the course of the hostage rescue mission in Iran.

United States · United States Congress · 28 May 1980

Authorizes and requests the President to present, on behalf of the Congress, medals designated "The Conscience of the Nation Award" to the families of the eight Americans who died during the hostage rescue mission in Iran.

Bill· HRH.R. 7225 (96th)referred

Mail Delivery to Physically Handicapped Act of 1980

United States · United States Congress · 30 April 1980

Mail Delivery to Physically Handicapped Act of 1980 - Authorizes any resident to apply with the Postal Service for the delivery of mail to his or her door. Requires the Postal Service to approve such an application and begin such delivery if the application includes a physician's certification that the resident is physically handicapped to the extent that delivery of mail other than by door delivery would impose a medical or physical hardship on such resident.

Bill· HRH.R. 7155 (96th)referred

A bill to designate the Overmountain Victory Trail as a national historic trail.

United States · United States Congress · 24 April 1980

Amends the National Trails System Act to designate the Overmountain Victory National Historic Trail, extending from Kings Mountain National Military Park, South Carolina, to Elizabethton, Tennessee, with branches into Virginia and North Carolina, as a unit of the National Trails System.

Bill· HRH.R. 7162 (96th)referred

A bill to amend the Congressional Budget Act of 1974 to limit the levels of total budget outlays under the congressional budget process.

United States · United States Congress · 24 April 1980

Amends the Congressional Budget Act of 1974 to prohibit total budget outlays for any fiscal year after fiscal year 1980 from exceeding the total budget outlays for the preceding fiscal year by a greater percentage than the percentage increase in the gross national product in the preceding calendar year. Reduces further the permissible total budget outlays by percentages based upon the inflation rate and Federal grants to State and local governments. Permits: (1) an increase in the permissible total budget outlays if both Houses of Congress agree by a three-fourths vote; and (2) emergency outlays to be authorized if the President has declared an emergency and both Houses agree by a two-thirds vote. Prohibits requiring State or local governments to perform additional functions without compensation for necessary costs incurred in connection with such functions. Requires such compensation to have been authorized and included as a part of the permissible total budget outlays. Requires concurrent resolutions on the budget to include the estimated amount of grants to State and local governments, in the aggregate and as a fraction of total budget outlays, and any changes. Sets forth restrictions on the consideration of concurrent resolutions on the budget which violate these provisions. Amends the Budget and Accounting Act, 1921, to require the Budget to be prepared in compliance with this Act. Directs the President to take necessary action to assure continuing compliance with this Act.

Bill· HRH.R. 6873 (96th)referred

Small Business Earnings Retention Act of 1980

United States · United States Congress · 19 March 1980

Small Business Earnings Retention Act of 1980 - Amends the Internal Revenue Code to: (1) permit business to accumulate up to $500,000 of earnings without incurring liability for the tax on accumulated earnings; (2) increase from $100,000 to $500,000 the dollar amount of used investment property eligible for the investment tax credit; and (3) permit business with gross receipts of less than $1,000,000 for the last two preceeding taxable years to elect to use the cash method of accumulating in reporting inventories.

Bill· HRH.R. 6872 (96th)referred

A bill to provide for payments in lieu of real property taxes, with respect to certain real property owned by the Federal Government.

United States · United States Congress · 19 March 1980

Requires the Federal Government, through the Administrator of General Services, to pay to the States and units of local government amounts equivalent to the property taxes that would be generated by federally owned land if such land were privately owned (in the case of any local government unit in which three percent or more of the land is federally owned).

Bill· HRH.R. 6871 (96th)referred

A bill to amend Public Law 874, relating to Federal Impact Aid, to provide for the use of current assessed values of Federal property in determining eligibility for assistance under such Act.

United States · United States Congress · 19 March 1980

Requires the use of the current assessed value of Federal property within a school district in determining the eligibility of a local educational agency for Federal compensation for the revenue the agency fails to receive because of the Federal acquisition of such property.

Bill· HRH.R. 6874 (96th)referred

Small Business Development Act of 1980

United States · United States Congress · 19 March 1980

Small Business Development Act of 1980 - Title I: Small Business Innovation - Amends the Small Business Act to require the head of each Federal agency which obligates over $100,000,000 for research and development in a fiscal year to: (1) expend at least one percent of the amount spent on research and development during the next year for a small business innovation program; (2) solicit research and development proposals from small business during the next year; and (3) promote the use of small business to conduct research and development. Requires the head of each Federal agency to increase the amount of funds obligated for the conduct of research and development by small businesses by one percent each year until the amount obligated to small business in a fiscal year equals at least ten percent of the total amount obligated by such agency for research and development. States that it is an objective of this Act to amend existing patent procedures in order to promote the marketing of inventions developed under federally supported research and development projects by nonprofit organizations and small business firms. Permits any such organization or firm to elect, within a reasonable amount of time, to retain title to such inventions. Permits Federal agencies which have supported such projects to retain title to inventions through their funding agreements in specified circumstances, including when necessary to conduct foreign intelligence or counterintelligence activities. Requires review of agency determinations that such circumstances exist by the Comptroller General and the Chief Counsel for Advocacy of the Small Business Administration. Directs the Comptroller General to report to Congress on the implementation of this Act by Federal agencies. Enumerates provisions which must be included in funding agreements between a Federal agency and a small business firm or nonprofit organization including provisions: (1) to insure the rights of the Federal Government under this Act; (2) to provide that the agency shall have a nonexclusive, nontransferable, irrevocable and paid-up license to use the invention; (3) to prohibit a nonprofit organization from assigning rights to the invention without the approval of the Federal agency; (4) to prohibit such an organization, other than small business firms, from granting exclusive rights from the earlier of five years from the first commercial use of the invention or eight years from the date of invention; and (5) to require such organizations to use their royalties and earnings to support scientific research or education. Provides that the first commercial use with respect to a product of the invention shall not end the exclusive period to different subsequent products covered by the invention. Requires the head of a Federal agency to approve provisions of a funding agreement which require the licensing to third parties of inventions owned by the contractor. Sets forth terms and conditions under which such approval may be granted. Authorizes a Federal agency to transfer or assign its rights, acquired from an agency employee as coinventor, to an inventor electing to acquire title to an invention. Empowers any Federal agency to require inventors or their assignees to grant licenses in order to: (1) achieve practical application of the invention in its field of uses; (2) alleviate health or safety needs; (3) meet requirements for public use specified by Federal regulations; or (4) achieve participation by United States industry in the manufacturing of an invention. Entitles the government to 15 percent of all net income in excess of $70,000 gross income received by a contractor after a patent application is filed on a subject invention. Provides that if a contractor receives a gross income of $1,000,000, the government shall be entitled to a share of the excess of $1,000,000 that shall be negotiated but not to exceed five percent of such excess. Limits the government share of any such excesses to its contributions under the funding agreement. Authorizes and directs the Director of the Office of Federal Procurement Policy to revise the government entitlements in light of changes to the Consumer Price Index or other indices at least every three years. Declares such government entitlements applicable to subject inventions upon which United States patents are granted and in effect. Restricts the assignment and licensing of rights by patent holders to foreign owned or controlled firms unless such persons agree that any products embodying the subject invention or produced through the use of the subject invention will be manufactured substantially in the United States where commercially feasible. Authorizes Federal agencies to withhold information on inventions from public disclosure. Specifies the authority of Federal agencies with respect to obtaining patents, granting licenses, and transferring custody of patents. Authorizes the Administrator of General Services to promulgate regulations specifying the terms upon which any federally-owned invention may be licensed. Sets forth the procedure whereby Federal agencies may grant exclusive or partially exclusive licenses in any invention covered by a federally-owned domestic patent or patent application. Prohibits licensing which lessens competition. Directs that business firms be given preference in exclusive or partially exclusive licensing. Enumerates provisions which must be contained in any grant of a license by a Federal agency. Declares that this Act shall take precedence over any other Act in the disposition of inventions. Title II: Depreciation Acceleration; Repeal of Used Property Limitation in Investment Tax Credit; Corporate Income Tax Rate Reductions - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purpose of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recover 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. Allows a ten percent investment credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts, and investment tax credit amounts applicable to assets which are sold or otherwise dispensed 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. Treates 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 to credit which are made at any time during the taxable year are deemed to be made in the middle of such year. Repeals the $100,000 limitation on the amount of used property which is eligible for an investment tax credit. Reduces the tax rates applicable to corporate income. Repeals the carryover basis provision enacted by the Tax Reform Act of 1976 which provides that beneficiaries receiving property from a decedent's estate will retain the decedent's basis in the property. Restores prior law which "stepped up" or "stepped down" the property's basis to its market value at the time of death without imposing tax consequences on the appreciation or depreciation the property underwent which held by the decedent. Title III: Tax Incentives for Small Business Capital Formation - Provides for the nonrecognition of gain on the sale or exchange of an equity interest in a small business which is reinvested in another small business within two years. Defines a "small business" as any business entity in which the aggregate equity interests do not exceed $25,000,000. Allows a tax credit for proceeds received from small business debentures which have a fixed maturity and grant no conversion or voting rights. Limits the amount of such credit to $5,000 ($10,000 in the case of a joint return). Disallows such credit if the issuing small business has $1,000,000 of such debentures outstanding or has a class of securities subject to regulation of the Securities and Exchange Commission. Treats amounts paid on such debentures which represent a share of the issuer's earnings as long-term capital gain. Treats losses on such debentures as an ordinary loss. Requires distributions on such debentures, which represent either interest or a share of earnings, to be treated as interest. Title IV: Small Business Equal Access to Justice - Amends title II of the Small Business Investment Act (Study of Small Business) to direct the Office of Advocacy within the Small Business Administration to assist the Attorney General, Federal agencies, and the Chairman of the Administrative Conference of the United States to facilitate relief afforded to small businesses under such Act. Requires the Chief Counsel for Advocacy to submit biennial reports to the President and Congress on awards made to small businesses under such Act. Excludes from the definition of "party" for purposes of this title: (1) an individual whose net worth exceeds $1,000,000: and (2) any partnership, corporation, association, organization, or sole owner of an unincorporated business whose net worth exceeds $5,000,000, but includes an agricultural cooperative, as defined in the Agricultural Marketing Act, regardless of its net worth. Entitles a prevailing party (other than the United States) to be awarded fees and other expenses, including attorney fees, which were incurred by such party in: (1) an administrative adjudication (excluding ratemaking and license application hearings, but including such actions as suspension or modification of a license); or (2) in any civil action, other than a tort, brought by or against the United States, unless the agency conducting such adjudication, or the court having jurisdiction of such action, finds that the position of the agency or the United States was substantially justified or that special circumstances make an award unjust. Allows the agency or the court to reduce any such award to the extent that the prevailing party unduly and unreasonably protracted the final resolution of the matter in controversy. Stipulates that such awards in an administrative adjudication shall be paid by the particular agency over which the party prevails, but prohibits authorization of appropriations to such agency for the specific purpose of such payments. Authorizes a party dissatisfied with such award in an administrative adjudication to petition for leave to appeal the decision in an appropriate Federal court. Authorizes a court to award reasonable attorney fees to the prevailing party in any civil action brought by or against the United States or any agency, including the Post Office, or official of the United States acting in an official capacity, where the court may award such fees in such suits involving private parties (thus applying to Government litigation the common law and statutory exceptions to the "American rule" which requires parties to be responsible for their own attorney fees). Directs the Administrative Conference and the Administrative Office of the United States Courts to report annually on the amount of fees and expenses awarded during the preceding fiscal year in such agency adjudications and civil actions. Makes this title applicable to any civil action pending on, or commencing after, the date of enactment, except for civil tax actions, which shall be subject to this title six months after enactment. Directs the Office of the Chairman of the Administrative Conference and Director of the Administrative Office of the United States Courts to provide to the Small Business Office of Advocacy the information required to be collected in this title. Title V: Small Business Regulatory Flexibility - Amends the Small Business Act to require each Federal agency to publish semiannually an agenda of those rules which may be proposed during the upcoming six-month period affecting a substantial number of small businesses and small organizations. Permits Federal agencies to modify the definition of "small business," if appropriate, after notice and opportunity for hearing. Defines "small organizations" to include unincorporated businesses, sheltered workshops, independently owned and operated nonprofit enterprises which are not dominant in their fields, and such other groups and enterprises as each Federal agency shall establish by rule, not in conflict with the definition of "small business." Requires each published agenda to be transmitted to the Office of Advocacy of the Small Business Administration for comments. Directs each Federal agency to endeavor to provide notice of each agenda to affected small enterprises by means other than publication in the Federal Register. Directs each Federal agency to publish a written analysis prior to the issuance of any proposed rule affecting a substantial number of small businesses and organizations which considers: (1) the effect of such rule on small enterprises and competition; (2) whether an exemption could be provided such small enterprises; (3) whether lesser compliance standards could be adopted for small enterprises; and (4) the expected nature of reporting recordkeeping requirements necessitated by such rule. Requires each Federal agency to issue a rule containing an exemption or differing compliance standard for such small business concerns and organizations if it is lawful, desirable, and feasible to do so. States that such small enterprises shall be given an opportunity to participate in agency rulemaking, which substantially affects such enterprises, unless otherwise provided. Requires each agency to review its existing rules and prepare an analysis for purposes of eliminating or modifying those rules which are most burdensome to small businesses and organizations. Permits any agency to perform the analyses required by this title in conjunction with any other analysis required by law. Declares that such other analysis shall not in itself satisfy the requirement of this title. Title VI: Sunset Provisions - Requires the Congressional Budget Office in conjunction with the congressional committees having jurisdiction over each Government program, within one year after enactment of this Act, to set forth a timely review of all Government programs. Terminates any program which has not been reviewed within three years after enactment of this Act unless both Houses of Congress vote to continue such programs pending completion of a review. Requires that each review: (1) identify the need for the program; (2) identify conflicting or duplicative programs; (3) assess the program effectiveness and cost; and (4) assess the impact of the program on the national economy.

Resolution· HRESH.Res. 615 (96th)referred

A resolution amending the Rules of the House of Representatives to establish a special calendar to which all reported bills involving certain violations of the Congressional Budget Act must be referred for a specified period prior to their consideration by the House, and to impose additional reporting requirements on committees to expedite referrals to such calendar and facilitate its use.

United States · United States Congress · 19 March 1980

Amends rule XIII and rule XI of the Rules of the House of Representatives to establish a special calendar to be known as the Budget Calendar, to which shall be referred all bills and joint resolutions of a public character which are reported from committees and which, if considered immediately, would be in violation of the Congressional Budget Act of 1974. Requires such calendar to set forth: (1) the number and title of such bill or joint resolution, and the date or dates on which it was reported from committee and referred to the appropriate calendar; (2) the particular provisions or requirements of the Congressional Budget Act of 1974 which such bill or joint resolution violates; (3) the number of the resolution containing such waiver and the number of the accompanying report, if a waiver of any provision or requirement of the Congressional Budget Act of 1974 has been reported by the Committee on Rules; and (4) a tabulation of the progress of congressional action on bills and resolutions providing new budget authority or changing revenues or the public debt limit for a fiscal year. Stipulates that such tabulation shall be based on a determination of estimates of budget outlays and revenues made by the Committee on the Budget and the most recent periodic report provided by the Director of the Congressional Budget Office. Requires the Committee on Rules, whenever it reports a resolution waiving one or more provisions or requirements of the Congressional Budget Act of 1974, to include in its report or in an accompanying statement a brief explanation as to why such waiver is necessary.