United States · United States Congress · 3 January 1985
Construction Industry Labor Law Amendments of 1985 - Amends the National Labor Relations Act to provide that in the construction industry two or more business entities engaged in the same or similar work with common ownership or control shall be deemed a single employer. Applies the terms of a collective bargaining agreement regarding employees of such business entities to all other business entities comprising the same single employer within the geographical area covered by the agreement. States that collective bargaining agreements may only be repudiated after the National Labor Relations Board certifies election results in which a majority of the employees select a bargaining representative other than the representative with whom such agreement was made.
United States · United States Congress · 3 January 1985
Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted.
United States · United States Congress · 3 January 1985
Amends the Federal Food, Drug, and Cosmetic Act to state that a food intended for human consumption shall be deemed misbranded unless it is labeled to show the amount of sodium and potassium it contains when in excess of a certain number of milligrams. Permits the Secretary of Health and Human Services to exempt a food from such requirement by requiring the information to be prominently displayed near its place of display or sale. Exempts from such labeling requirements any manufacturer of such foods whose total annual sales are less than a specified amount.
United States · United States Congress · 3 January 1985
Amends the Board for International Broadcasting Act of 1973 to direct the Board for International Broadcasting to require Radio Free Europe/Radio Liberty, Incorporated, to establish a Russian language program, to be known as Radio Maccabee, for the Jewish population of the Soviet Union. Authorizes appropriations for FY 1986 and 1987 for such program.
United States · United States Congress · 3 January 1985
Amends the Internal Revenue Code to allow an income tax deduction for the home health care and adult day care expenses of a taxpayer who maintains a household which includes a dependent of the taxpayer who suffers from Alzheimer's disease or a related brain disorder. Permits this deduction whether or not the taxpayer itemizes deductions.
United States · United States Congress · 3 January 1985
Amends the Internal Revenue Code to allow the dependent care income tax credit for expenses incurred for the care of dependents incapable of self-care without regard to whether such expenses were incurred to enable the taxpayer to be gainfully employed.
United States · United States Congress · 3 January 1985
National Diffusion Network Act - Directs the Secretary of Education to carry out a program to promote the use of exemplary educational programs, products, and practices to interested elementary and secondary schools. Requires the Secretary to provide information, materials, training, technical assistance, and evaluations. Authorizes the Secretary to make grants to, and contracts with, public and nonprofit private educational institutions and organizations to carry out such program. Declares that such program shall be deemed to be a continuation of the National Diffusion Network for which provision is made under the Education Consolidation and Improvement Act of 1981. Directs the Secretary to allocate funds available under such Act to such program. Authorizes additional appropriations, if necessary, to carry out such program in FY 1986 through 1989.
United States · United States Congress · 3 January 1985
Social Security Trust Funds Management Act of 1985 - Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to: (1) prohibit the inclusion of the receipts and disbursements of the social security trust funds (the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund) and of the social security taxes imposed under the Internal Revenue Code in the totals of the Federal budget; and (2) exempt such items from any general statutory limitation on Federal budget outlays. Requires the President to appoint two additional members to the Boards of Trustees of the social security trust funds.
United States · United States Congress · 3 January 1985
National Individual Training Account Act of 1985 - Title I: Individual Training Accounts - Establishes the national individual training account program to be administered by the Secretary of Labor and the Secretary of the Treasury in cooperation with the States. Authorizes the Secretary of Labor to enter into agreements whereby States or State unemployment compensation agencies shall: (1) issue and redeem vouchers to pay training and relocation expenses; (2) accept contributions from employees and employers for deposit into individual training accounts and distribute any amount in any such account at such times as any distribution from such account is authorized; (3) provide individual counseling or job and training referral services to any participant in the program; and (4) cooperate with officers of the Federal Government or of any other State in carrying out this Act. Directs the Secretary of Labor, upon the request of a State, to provide information and to detail, on a reimbursable basis, personnel to assist such State in establishing a State individual training account program. Sets forth the duties of the Secretary of Labor and the Secretary of the Treasury in administering the program established by this Act. Sets forth provisions for distributions from individual training accounts. Sets forth provisions for eligible training programs and for certification of such programs by the Secretary of Labor. Sets forth provisions for qualified relocation expenses and for approval of such expenses by the Secretary of Labor. Provides that individual training and related accounts are to be established as separate book accounts in the Unemployment Trust Fund. Title II: Amendments to the Internal Revenue Code of 1954 Relating to Individual Training Accounts - Amends the Internal Revenue Code to revise provisions for approval of State unemployment compensation laws to require that a State have a State individual training account program which has been approved by the Secretary of Labor. Applies such requirement to certifications of such State laws for 1986 and subsequent years. Revises Federal unemployment tax provisions to add requirements relating to State individual training account programs. Revises provisions relating to itemized Federal income tax deductions for individuals and corporations to allow such deductions for employee or employer contributions to individual training accounts made after December 31, 1984. Prohibits any reduction (through an additional credit allowance) in Federal unemployment tax in the case of any large employer which refuses to participate in the national individual training account program. Defines "large employer" as one which during the calendar year employed an average of not less than 25 employees. Makes such denial of reduction applicable to calendar years beginning after December 31, 1986. Appropriates to the Secretary of Labor, for the expense of administering the Federal-State employment service, for each fiscal year ending after January 1, 1986, an amount determined by the Secretary of the Treasury to be equivalent to an unspecified portion of the amounts received in the general fund in the Treasury which are attributable to the operation of such denial of reduction in the unemployment tax rate of such large employers who refuse to participate in the national individual training account program.
United States · United States Congress · 3 January 1985
Law Enforcement Officers Protection Act of 1985 - Amends the Federal criminal code to define "armor piercing ammunition." Excludes from the definition: (1) shot gun shot required by Federal or State regulations for hunting; (2) frangible projectiles for target shooting; and (3) projectiles that the Secretary of the Treasury determines are primarily intended for sporting purposes. Makes it unlawful for any person to manufacture or import armor piercing ammunition. Allows for: (1) manufacture or importation of armor piercing ammunition for the use of the United States or any State or local government; and (2) manufacture for the sole purpose of exportation. Establishes a licensing fee of $1,000 per year for manufacturers and importers of armor piercing ammunition. Imposes an additional mandatory sentence of not less than five years for any person who uses or carries a firearm and is in possession of armor piercing ammunition during the commission of a violent felony. Provides that such sentence shall not be suspended nor probation nor parole be granted.
United States · United States Congress · 3 January 1985
Enterprise Zone Act of 1985 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Provides that State and local governments shall nominate areas for such designation. Limits the designation of enterprise zones to 75 nominated areas over a 36-month period (one-third of which must be in rural areas). Limits the period during which such designations shall remain in effect. Provides that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (with a population of at least 50,000) or 1,500 otherwise, or is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on June 30, 1988, or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such enterprise zones' designation. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Exempts enterprise zones from certain requirements relating to Federal environmental policy. Title II: Federal Income Tax Incentives - Subtitle A: Credit for Employers and Employees - Allows employers located in enterprise zones a nonrefundable income tax credit for increased employment expenditures and employment of the disadvantaged. Allows a three-year carryback and 15-year carryover of such credit. Sets the amount of such credit at ten percent of the increase in payroll (taking into account a maximum of $15,000 in wages per year per employee) plus 50 percent of the wages paid to certain disadvantaged workers for the first three years of the enterprise zone designation. Phases out such credit in the last three years of the enterprise zone designation. Disallows a deduction for the portion of wages taken into account for such credit. Allows employees located in enterprise zones a nonrefundable income tax credit equal to five percent of qualified wages earned per year (taking into account a maximum of $9,000 in wages per year). Phases out such credit in the last three years of the enterprise zone designation. Subtitle B: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for investment in certain tangible property located in enterprise zones. Limits such credit to five percent for zone personal property and ten percent for new zone construction property, including rental property. Requires that the property subject to such credit be predominantly used in the zone, be purchased after zone designation, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon early disposition of the property. Phases out such credit in the last three years of the enterprise zone designation. Subtitle C: Rules Reduction in Capital Gain Tax Rates - Eliminates the capital gains tax on property of corporations acquired after the enterprise zone designation and used in a zone business. Qualifies certain low-income rental housing located in an enterprise zone for such treatment. Permits property to remain qualified for purposes of the revised capital gains treatment after a designation of an enterprise zone has terminated. Exempts gain from the sale or exchange of property used in a business in an enterprise zone from the computation of the minimum tax. Allows noncorporate taxpayers to deduct from gross income 100 percent of any net capital gain from qualified enterprise zone property. Subtitle D: Rules Relating to Industrial Development Bonds - Provides that limitation on the cost recovery deductions for property financed with tax-exempt industrial development bonds shall not apply to enterprise zone property. Provides that the termination of the small issue exemption shall not apply to industrial development bonds the proceeds of which are used to finance facilities in such enterprise zones. Subtitle E: Sense of the Congress with Respect to Tax Simplification - Expresses the sense of the Congress that the Internal Revenue Service should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Title III: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified businesses (as defined in Title II of this Act) and governments and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Title IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. States that, to the maximum extent practicable, foreign-trade zones should be established within enterprise zones.
United States · United States Congress · 3 January 1985
Amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in extensions of credit to: (1) communist countries or agencies, instrumentalities, or nationals of communist countries; or (2) any other foreign country, agency, instrumentality, or national if the transaction is to be made with respect to a product or service which is for use in or sale or lease to a communist country. Repeals specified provisions of such Act which permit such transactions. Amends the Trade Act of 1974 to prohibit nonmarket economy countries from participating in any U.S. program or U.S. supported program which extends credits, credit guarantees, or investment guarantees, or makes grants. Repeals the President's authority to waive the freedom of emigration requirements which must be met in order to permit trade with nonmarket economy countries. Terminates any existing credits, guarantees, or grants. Repeals the procedure for waiving the President's authority.
United States · United States Congress · 3 January 1985
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that a beneficiary shall be entitled to a prorated benefit for the month in which he or she dies.
United States · United States Congress · 3 January 1985
Amends the Internal Revenue Code to increase to $2,500 the maximum deduction for contributions to retirement savings plans. Allows certain individuals to compute the amount of the income tax deduction for retirement savings on the basis of the earned income of their spouses without regard to any community property laws.
United States · United States Congress · 3 January 1985
Constitutional Amendment - Declares that nothing in the Constitution shall be construed to prohibit the authority administering any public school or public institution from providing for or permitting individual or group prayer. States that no person shall be required to participate in such prayer, nor shall the administering authority compose the words of such prayer.
United States · United States Congress · 3 January 1985
Declares that it is the sense of the House of Representatives that neither the President nor the Congress should impose any import fees on the importation of any crude oil or refined petroleum products.
United States · United States Congress · 3 January 1985
Expresses the sense of the Congress that any Federal agency that utilizes the Draize rabbit eye irritancy test should develop and validate alternative ophthalmic testing procedures that do not require the use of animal test subjects.
United States · United States Congress · 3 January 1985
Expresses the sense of the Congress that: (1) Poland should comply with basic human rights agreements to which it is a signatory, such as the Helsinki accords, and initiate a policy of National Reconciliation; (2) the prosecution of those responsible for the death of Father Jerzy Popieluszko should be supported by Poland; (3) human rights monitoring committees in Poland should be supported; (4) the free flow of information on the activities of such committees can improve human rights policies in Poland and the continued improvement of human rights there would better relations between the United States and Poland; and (5) the President should convey Congress' concerns to Polish officials and to U.S. allies.
United States · United States Congress · 3 January 1985
Expresses the sense of the Congress that the President should appoint a special envoy to investigate and report on how the United States could assist interested parties in Belfast, Dublin, London, and communities in Northern Ireland in arriving at a peaceful resolution of the conflict in Northern Ireland.
United States · United States Congress · 17 September 1984
Motor Vehicle Theft Law Enforcement Act of 1984 - Title I: Improved Identification for Passenger Motor Vehicles and Parts - Amends the Motor Vehicle Information and Cost Savings Act to direct the Secretary of Transportation to promulgate a vehicle theft prevention standard applicable to major parts (and replacements for such parts) installed by manufacturers into passenger motor vehicles designated as high theft lines. Declares that such standard shall apply to vehicles and parts manufactured after it takes effect. Prohibits such standard from requiring any part to have more than a single identification, and any motor vehicle to have identification of more than 14 of its major parts. Sets forth prohibitions with respect to identifying major replacement parts. Prescribes the methods for: (1) designating high theft vehicle lines and parts; and (2) determining the theft rate for passenger motor vehicles. Sets forth cost limitations for the vehicle theft prevention standard with respect to manufacturers of applicable vehicles and parts. Authorizes the Secretary to grant exemptions from such standard to vehicle lines equipped with approved antitheft devices. Sets forth compliance provisions for manufacturers of passenger motor vehicles or of passenger motor vehicle equipment. Specifies civil and criminal penalties for violations of this Act. Sets forth confidentiality provisions with respect to information obtained by the Secretary which relates to trade secrets. Declares that a Federal motor vehicle standard supercedes any State or local standard. Requires insurers of motor vehicles to annually report specified information to the Secretary with respect to thefts and recoveries of motor vehicles and vehicle parts. Permits the Secretary to exempt insurers from such requirement upon determining that the cost of such reporting is excessive to the insurer and insignificant for purposes of this title. Authorizes the Secretary to exempt small insurers from such requirement. Defines "small insurers" for purposes of this title. Requires insurers to report to the Secretary if, in paying claims, the insurer reduces any claim payment by the amount of any recovered part subject to the theft standard. Authorizes the Secretary to promulgate a voluntary vehicle theft prevention standard under which persons may affix identifications on major parts of their own vehicles and register such identifications with the Secretary. Requires the Secretary to submit reports to Congress within three years of enactment of this title, and five years after promulgation of the standard, on studies regarding motor vehicle theft. Specifies information to be included in such reports and requires both reports to make legislative recommendations with respect to the standard. Directs the Secretary, not later than one year after enactment of this Act, to report to Congress regarding vehicle security devices and systems, including legislative recommendations. Title II: Antifencing Measures - Amends the Federal criminal code to establish penalties for removing or altering any identification number of any motor vehicle or motor vehicle part required by regulation. Requires the forfeiture of any vehicle or part which has had such number removed, with specified exceptions. Applies to the seizure and forfeiture of motor vehicles and parts those provisions of law relating to the seizure and forfeiture of vessels and merchandise under the customs laws. Establishes penalties for anyone who buys, receives, possesses, or obtains control of, with intent to sell or otherwise dispose of, any motor vehicle or motor vehicle part knowing that such identification number has been removed or altered. Title III: Importation and Exportation Measures - Establishes criminal and civil penalties for anyone who imports, exports, or attempts to import or export any motor vehicle, off-highway vehicle, or vehicle part knowing that it has been stolen or that its identification number has been altered. Amends the Tariff Act of 1930 to require persons who export or attempt to export a used motor vehicle or off-highway mobile equipment to present to the appropriate customs officers the vehicle and a document describing that vehicle. Authorizes customs officers to exchange information concerning such vehicles with law enforcement organizations.
United States · United States Congress · 9 August 1984
Amends the Foreign Assistance and Related Programs Appropriations Act, 1985 to require that: (1) at least five percent of the funds earmarked for the Agency for International Development shall be available only for the delivery of primary health care services and basic health education, training for health care workers, and medical supplies and equipment for primary health care, with such assistance to be provided through private and voluntary organizations and international organizations wherever appropriate; (2) not more than one-third of the amount allocated for such services may be used in any one country; and (3) funds allocated to carry out these provisions shall remain available until September 30, 1986.
United States · United States Congress · 2 August 1984
Motor Vehicle Safety Amendments of 1984 - Amends the Motor Vehicle Information and Cost Savings Act to prohibit the registration or licensing of motor vehicles when the ownership is transferred in interstate commerce unless: (1) the application for a new certificate of title is accompanied by the prior owner's most recent registration card and title; and (2) the new certificate of title is printed in a specified manner indicating the odometer mileage. Increases the criminal penalty for violations of odometer requirements from one to three years maximum imprisonment. Amends the National Traffic and Motor Vehicle Safety Act of 1966 to authorize a tire dealer or distributor whose business is not owned or controlled by a tire manufacturer to elect to be subject to tire registration requirements. Revises the restrictions on certain imported vehicles that do not conform to Federal standards. Authorizes the Secretary of Transportation to exempt certain motor vehicles or equipment from such restrictions for purposes of research, investigation, study, demonstration, training, national security, or completion in the United States of an incomplete foreign-built vehicle or equipment item. Prohibits dealers from selling defective motor vehicles or motor vehicle equipment. Imposes criminal penalties upon manufacturers who knowingly and willfully fail to notify owners or purchasers of motor vehicle safety defects or of failures to comply with motor vehicle safety standards. Amends the Motor Vehicle Information and Cost Savings Act to direct the Secretary to promulgate Federal motor vehicle safety standards: (1) establishing passenger car crashworthiness rating and labeling requirements; and (2) establishing passenger motor vehicle bumper system rating and labeling requirements. Establishes the position of Associate Deputy Administrator for Motor Carrier Safety in the National Highway Traffic Safety Administration to carry out any delegated duty related to motor carrier safety. Directs the Secretary to arrange with the National Academy of Sciences to conduct a study of the effectiveness of State motor vehicle safety inspection programs in reducing highway accidents and limiting the number of defective or unsafe motor vehicles on the highways. Requires completion of the study and transmittal to Congress by September 1, 1985.
United States · United States Congress · 25 July 1984
Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted.
United States · United States Congress · 28 June 1984
Establishes the National Commission on Federal Budget Deficit Reductions to review all relevant elements of fiscal and monetary policy. Requires particular emphasis to be given to the causes of cyclical and structural Federal budget deficits and the impact which growing structural Federal deficits have on employment, capital formation, and the vigor and viability of economic growth in the United States. Requires the Commission to: (1) identify problems which may hinder the control and reduction of Federal budget deficits; and (2) analyze all potential options which would result in deficit reductions and place the Government on a sound financial basis. Requires the Commission to report to the President and Congress by January 15, 1985, detailed findings, conclusions, and recommendations for such legislation and administrative actions as it considers appropriate. Terminates the Commission 30 days after submission of such report.
United States · United States Congress · 27 June 1984
Authorizes the President, on behalf of the Congress, to present a gold medal to the family of Harry Chapin in recognition of Harry Chapin's efforts to address issues of world hunger. Authorizes appropriations. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of the medal.
United States · United States Congress · 19 June 1984
Expresses the sense of the Congress that the President should: (1) ensure that U.S. officials carry out his pledge to resolve the issue of the Americans still missing and unaccounted for in Indochina; (2) work for the immediate release of any Americans still held captive and the return of the remains of those who died in Southeast Asia; and (3) make every effort to secure the cooperation pledged by Laos and Vietnam in resolving this issue.
United States · United States Congress · 15 June 1984
Title I: Short Title; Findings and Policy - Financial Institutions Act of 1984 - Sets forth the findings and policies of this Act. Title II: Restrictions on Combinations Involving Depository, Securities, Insurance and Commercial Enterprises - Amends the Bank Holding Company Act of 1956 to redefine the term "bank" as either a bank insured by the Federal Deposit Insurance Corporation, an institution eligible to apply for such insurance, or a State or federally chartered institution that accepts transaction accounts and makes commercial loans. Prohibits any bank from engaging in any tandem operation with its bank holding company or any subsidiary or affiliate of such holding company, unless the Board of Governors of the Federal Reserve System determines that such tandem operation is not likely to cause unfair competition or pose risks to consumers. Amends the Federal Deposit Insurance Act to state that the provisions of the Banking Act of 1933 relating to affiliations between member banks and organizations engaged principally in certain securities activities, and relating to officer, director, or employee relationships involving a member bank and a person or organization primarily engaged in certain securities activities, shall apply to every nonmember insured or uninsured bank in the same manner and to the same extent as if such nonmember bank were a member. Permits any affiliation or relationship that becomes unlawful because of such restriction to continue for a period of two years after enactment of this Act. Declares that for the purposes of the Banking Act of 1933, engaging in the business of receiving deposits through affiliates shall be deemed the same as engaging in the business of receiving deposits directly by a person, firm, corporation, association, business trust, or other similar organization, unless the affiliate is an institution that functions solely as a trust company and all or substantially all the deposits of which are received solely in a fiduciary capacity. Prohibits, after the date of enactment of this Act, any depository institution, bank holding company, savings and loan holding company or multiple savings and loan holding company from providing retail securities brokerage services. Permits any such activity which was taking place on May 24, 1984, to continue for a period not to exceed two years after enactment of this Act. Amends the National Housing Act to make savings and loan holding companies owning institutions insured under State law subject to the same requirements as institutions insured under such Act. Prohibits a savings and loan holding company, or any subsidiary that is not an insured or uninsured institution, from commencing or continuing any business activity other than those specified for multiple savings and loan holding companies and their subsidiaries. Permits any such existing activity to continue for two years after the date of enactment of this Act. Declares that such prohibition shall not apply to a unitary savings and loan holding company the subsidiary insured or uninsured institution of which is a qualified institution. Prohibits a savings and loan holding company, the subsidiary insured or uninsured institution of which is a nonqualified institution, from commencing, or continuing for more than two years, any business activity not permissible for a multiple savings and loan holding company. Declares that for the ten-year period following enactment of this Act a qualified institution shall also include an institution chartered (as of May 24, 1984) as a mutual savings bank or a savings bank under Federal or State law. Requires the Federal Savings and Loan Insurance Corporation to determine that such institution: (1) does not decrease the percentage of its assets invested in residential mortgages and related investments below the percentage it held on the date of enactment of this Act; and (2) increases such percentage by an amount equal to specified percentages. Prohibits any savings and loan holding company from commencing or continuing for more than two years any activity not permitted a multiple savings and loan holding company, if in any case an institution owned or controlled by such holding company engages in tandem operations. Prohibits nonqualified institutions from engaging in any commercial lending activity. Prohibits from engaging in commercial lending activities any institution owned by a unitary savings and loan holding company that engages in activities not permitted for a multiple savings and loan holding company. Declares that the provisions of the Banking Act of 1933 relating to affiliations between member banks and organizations engaged principally in certain securities activities, and relating to officer, director, or employee relationships involving a member bank and a person or organization primarily engaged in certain securities activities, shall apply to every insured or uninsured institution in the same manner and to the same extent as if such institution were a member of the Federal Reserve System. Prohibits any State chartered depository institution engaged in activities not authorized by the Bank Holding Company Act of 1956 or the National Housing Act as of such date, from continuing such activities unless such activities are conducted within such State and solely for its residents. Permits a State chartered depository institution, pursuant to State law, to engage in any activity authorized by the Bank Holding Company Act of 1956 as of January 1, 1983. Permits any State, after January 1, 1983, to enact a law permitting State chartered depository institutions to engage in activities not authorized pursuant to the Bank Holding Company Act of 1956 or the National Housing Act, so long as such activities are within such State and solely for its residents. Prohibits any bank holding company from commencing any activity which was not authorized pursuant to the Bank Holding Company Act of 1956 as of January 1, 1983. Prohibits any national bank from commencing any activity which was not authorized as of January 1, 1983. Prohibits a federally chartered depository institution, unitary savings and loan holding company, or multiple savings and loan holding company from commencing any activity which was not authorized as of January 1, 1983, pursuant to the National Housing Act. Declares that in any case in which a depository institution commences any activity which becomes prohibited under this Act between May 24, 1984, and the date of enactment of this Act, such depository institution shall cease such prohibited activity on the date of enactment. Title III: Analyses of the Effects of Changes in Financial and Regulatory Systems - Requires the following to conduct analyses of the effects of changes in financial and regulatory systems: (1) the Board of Governors of the Federal Reserve System; (2) the Secretary of the Treasury; (3) the Federal Deposit Insurance Corporation; (4) the Securities and Exchange Commission; (5) the Department of Justice. Sets forth the particular matters to be studied in such analyses. Requires specified Federal authorities to analyze the problems faced in effectively carrying out their respective statutory mandates, as a consequence of rapid changes in financial markets and financial intermediaries, in terms of meeting specified objectives. Requires the Comptroller General to evaluate changes in the financial services industry and the effects of these changes on individuals, businesses, financial institutions, industries, capital and credit markets, and the economy, and on the ability of the regulatory agencies to meet their statutory responsibilities. Requires a report to Congress on the results of each such analysis as soon as practicable after the date of enactment of this title, but no later than September 1, 1985, with copies made available to the public.
United States · United States Congress · 14 June 1984
Criminal Fine Enforcement Act of 1984 - Amends the Federal criminal code in regard to the collection and payment of fines and penalties. Provides that a judgment may direct imprisonment until a fine or penalty is paid if the court finds that the defendant has the present ability to pay such fine or penalty. States that a judgment imposing the payment of a fine or penalty is a lien in favor of the United States and it applies to all property of the defendant other than property exempt from levy under the Internal Revenue Code. States that payment of a fine is due immediately unless the court requires payment by installment or by any date certain. Allows the Attorney General to make payment due immediately upon the default of any installment payment. Requires the defendant to pay interest at a rate of 1.5 percent per month on any amount of a fine or penalty that is past due (plus an extra 25 percent if the delinquency extends beyond 90 days). Allows the Attorney General and the Director of the Administrative Office of the U.S. Courts to provide by regulation that fines for specified categories of offenses be paid to the clerk of the court. Provides that if the fine is imposed on an organization, payments are authorized from the assets of the organization; but if the fine is imposed on a director, officer, employee, or agent of the organization, payment shall not be authorized from organization assets unless expressly permitted by State law. Requires a defendant to pay a fine made a condition of probation even after the probation's end. Provides penalties for criminal default on a fine. Lists factors that the court must consider in determining whether to impose a fine, including: (1) the ability of the defendant to pay; (2) the burden that payment will impose on the defendant; and (3) any restitution or reparation made by the defendant. States that if a defendant has the obligation to make restitution to a victim of the offense, the court shall impose a fine only to the extent that such fine will not impair the ability of the defendant to make restitution. Increases the maximum fine levels for certain felonies, misdemeanors, and offenses which result in pecuniary gain. Provides a procedure for establishing security if a fine is stayed. Conditions parole upon a diligent effort to pay a fine. Increases the fine for the commission of a misdemeanor to $5,000 for an individual and $10,000 for an organization.
United States · United States Congress · 14 June 1984
Bail Reform Act of 1984 - Repeals the Bail Reform Act of 1966 and sets forth new bail procedures. Authorizes a judicial officer to consider the safety of any person or the community when making a pretrial release determination. Establishes as a mandatory release condition that the person not commit a Federal, State, or local crime during release. Authorizes pretrial release upon execution of an unsecured appearance bond. Expands the discretionary release conditions to require that the defendant: (1) maintain employment or an educational program; (2) avoid contact with an alleged victim or potential witness; (3) report to a law enforcement or pretrial service agency; (4) comply with a curfew; (5) refrain from possessing a firearm or using alcohol or narcotic drugs; (6) undergo medical treatment; (7) forfeit designated property upon failure to appear; and (8) return to custody at specified hours. Authorizes a judicial officer to order the detention for up to ten days of a person who is presently on pretrial release for a felony under Federal, State, or local law or on probation or parole or release pending sentencing or appeal for any offense, if no conditions will assure his appearance and the safety of the community and any other person. Provides for the detention of an alien whose presence in the United States is not under color of law. Authorizes a judicial officer to order the pretrial detention of a person upon finding that no condition will reasonably assure such person's appearance and the safety of any other person and the community. Requires that a detention hearing be held in any case involving: (1) a crime of violence; (2) any offense punishable by life imprisonment or death; (3) a narcotics offense punishable by at least ten years imprisonment; or (4) any offense committed after the person has been convicted of two or more offenses for which a hearing is mandated. Permits the government or the court to move for a detention hearing in any other case involving a serious risk of flight or obstruction of justice. Enumerates additional factors to be considered by the judicial officer in making a release determination, including the defendant's past conduct, history of drug or alcohol abuse, criminal history, and the nature and seriousness of the danger to the community or any person. Requires the detention of a person who has appealed his conviction unless the judicial officer finds by clear and convincing evidence that: (1) such person is not likely to flee or pose a danger to another person or property; and (2) the appeal raises a substantial question of law or fact. Requires the detention of a person awaiting sentencing unless the officer finds by clear and convincing evidence that the person is not likely to flee or pose a danger to any other person or the community. Authorizes a U.S. attorney to appeal a release order. Provides additional penalties for failing to appear before the court or surrender for service of sentence as required. Establishes mandatory additional penalties for commission of an offense while on pretrial release. Subjects a person who has been conditionally released and violates a condition of release to revocation of release and prosecution for contempt of court. Grants new authority to law enforcement officers to arrest a person who violates certain pretrial release conditions.
![Official portrait of Rep. Rinaldo, Matthew J. [R-NJ-7]](https://www.congress.gov/img/member/r000262_200.jpg)