United States · United States Congress · 14 June 1984
Law Enforcement Officers Protection Act of 1984 - 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 Treasury determines are primarily intended for sporting purposes. Makes it unlawful for any person to manufacture or import armor piercing ammunition. Allows for: (1) the 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 granted.
United States · United States Congress · 13 June 1984
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 Treasury determines are primarily intended for sporting purposes. Makes it unlawful for any person to manufacture or import armor piercing ammunition. Allows for: (1) the 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 granted.
United States · United States Congress · 12 June 1984
Textile Employment and Fair Trade Act of 1984 - Directs the President to limit the total quantity of textile imports during each of calendar years 1984 through 1988. Directs the Secretary of Commerce to establish and administer an import licensing system for administration of this Act. Directs the Commissioner of Customs to enforce the import limitations and the import licensing system.
United States · United States Congress · 6 June 1984
Designates as Andrei Sakharov Avenue the portion of 16th Street, Northwest, in the District of Columbia, between L and M Streets, and the portion of any street in any other city in the United States on which is located a consular office or mission of the Union of Soviet Socialist Republics.
United States · United States Congress · 4 June 1984
Energy Security Reserve Amendments of 1984 - Rescinds $9,000,000,000 of the funds appropriated to the Energy Security Reserve by the Department of the Interior and Related Agencies Appropriations Act, 1980. Prohibits the obligation of funds available to carry out title I of the Energy Security Act to those projects whose products will cost significantly more than projected market prices of competing fuels over the life of the project.
United States · United States Congress · 24 May 1984
Financial Institutions Equity Act of 1984 - 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 an 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. 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 amounts 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 or the National Housing Act. 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. 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.
United States · United States Congress · 22 May 1984
Tender Offer Reform Act of 1984 - Amends the Securities Exchange Act of 1934 to change the deadline for submission of statements by a person acquiring more than a certain amount of specified classes of securities from within ten days of acquisition to within such time as the Securities and Exchange Commission shall prescribe. Permits the Commission to restrict or prohibit any person subject to such reporting requirements from acquiring, directly or indirectly, beneficial ownership of any additional shares of the equity security that is the subject of such a statement for up to two business days after the filing of the statement. Provides that when two or more persons act as a partnership, limited partnership, syndicate, or other group for the purpose of voting such group shall be deemed a person. Makes it unlawful, when certain conditions exist during a tender offer for any class of securities, for an issuer to: (1) enter into or amend agreements that increase the current or future compensation of any officer or director; (2) acquire any of its securities, except for routine acquisitions of securities through ongoing programs; or (3) grant voting power or issue any combination of securities which would in the aggregate constitute more than five percent of the issued and outstanding securities of a class or have more than five percent of the aggregate voting power of the issuer after such grant (unless approved by an affirmative vote of a majority of the aggregate voting securities of the issuer). Makes it unlawful for an issuer to purchase any of its securities at a price above the market from any person who holds more than three percent of the class of the securities to be purchased and has held such securities for less than two years (unless approved by an affirmative vote of a majority of the aggregate voting securities of the issuer).
United States · United States Congress · 22 May 1984
Shareholder Communications Act of 1984 - Amends the Securities Exchange Act of 1934 to authorize the Securities and Exchange Commission to subject banks, associations, and other entities that excercise fiduciary powers to the same regulations as broker-dealers.
United States · United States Congress · 10 May 1984
Textile Fiber and Wool Products Identification Improvement Act - Amends the Textile Fiber Products Identification Act and the Wool Products Labeling Act of 1939 to require a textile fiber or wool product to be so labeled if it has been processed or manufactured in the United States. Requires the product, as well as the package in which it is contained, to be labeled as to country of origin. Provides that such requirement shall not be construed as requiring such labeling on each hosiery product contained in a package as long as such package is labeled. Requires catalog sales descriptions and other advertisements for textile and wool products to contain country of origin information. Requires that the identification label on imported textile fiber or wool products be affixed to the most conspicuous place on the inner side of the product.
United States · United States Congress · 8 May 1984
Counterfeit Access Device and Computer Fraud and Abuse Act of 1984 - Amends the Federal criminal code to make it a criminal offense to knowingly and with intent to defraud: (1) produce or traffic in counterfeit credit cards or other account access devices; and (2) traffic in one or more unauthorized credit cards or other access devices within one year and by such conduct obtain anything of value aggregating $1,000; (3) possess 15 or more counterfeit or unauthorized access devices; or (4) produce, traffic in, or possess access device-making equipment. Makes it an offense to attempt to commit or to be a party to a conspiracy to commit such an offense. Increases the penalty for subsequent offenses. Provides an additional offense of using a computer without authorization or using a computer with authorization for unauthorized purposes with the intent to execute a scheme to defraud, if such conduct obtains: (1) anything of value aggregating $5,000 or more during any year; or (2) classified information. Prohibits the unauthorized use of a computer when such conduct modifies or discloses information or prevents the use of such computer: (1) if the offense affects interstate or foreign commerce and the offender creates a loss to another of a value of $5,000 or more during any one year; or (2) if the computer is operated on behalf of the U.S. Government. Makes it an offense to attempt to commit or to be a party to a conspiracy to commit such an offense. Increases the penalty for subsequent offenses. Grants authority to the U.S. Secret Service to investigate offenses under this Act. Requires the Attorney General to report annually to Congress about prosecutions under this Act during the first three years after its enactment.
United States · United States Congress · 3 May 1984
Requires the Administrator of General Services to include in any report to Congress on a proposed presidential archival depository a certification that any building or equipment offered as a gift or made available without transfer of title for such depository complies with the minimum standards of the Archivist of the United States relating to suitability for archival purposes. Authorizes the Administrator to solicit gifts or bequests of money or other property for a depository. Requires the proceeds of such gifts or bequests to be deposited into an account in the National Archives Trust Fund and expended for the same purposes and objects for which appropriations for operating, maintaining, protecting, or improving such depository might be expended. Directs the Administrator to provide for the establishment in such Trust Fund of separate endowments for the maintenance of depository land, buildings, and equipment to which shall be credited any gift or bequest offered for that purpose. Restricts the use of the income of such endowments to the payment of the cost of building operations. Prohibits the Administrator from taking title to, or making an agreement to use, any land, building, or equipment for a depository unless there is available, by gift or bequest, for deposit into an endowment for such depository an amount equal to at least 20 percent of the sum of: (1) the cost of acquiring or constructing such building and of acquiring and installing such equipment; and (2) the cost of acquiring such land to which the United States will hold title; or (3) the cost to the donor of making improvements to such land to which the United States will not hold title. Authorizes the National Archives Trust Fund Board to solicit gifts or bequests to benefit the national archival and records activities administered by the General Services Administration.
United States · United States Congress · 2 May 1984
Sex Discrimination in the United States Code Reform Act of 1983 - Title I: Armed Forces, Soldiers' Home, Coast Guard, Lighthouse Service, and Merchant Marine - Amends Federal laws dealing with the Army, the Navy, the Air Force, and the Coast Guard to eliminate gender-based distinctions. Title II: Elimination of Gender-Based Distinctions Under the Social Security Act and the Railroad Retirement Act - Eliminates gender-based distinctions in the social security and railroad retirement programs. Title III: Amendments to United States Code - Amends the Immigration and Nationality Act, the Walsh-Healey Act, the Child Nutrition Act of 1966, the Federal criminal code and other Acts (dealing with Indian affairs, transportation, public lands, Saint Elizabeth's Hospital, contract law, the U.S. Coast Guard, the National Oceanic and Atmospheric Administration, longshoremen and harbor workers, conservation programs, internee benefits, and the spouses of former presidents, among other subjects) to eliminate gender-based distinctions. Title IV: Effective Date - Sets forth the effective date for the provisions of this Act.
United States · United States Congress · 26 April 1984
Public Broadcasting Amendments Act of 1984 - Amends the Communications Act of 1934 to authorize appropriations for FY 1985 through 1987 to be used by the Secretary of Commerce to assist in the planning and construction of public telecommunications facilities. Repeals a provision that requires 75 percent of the funds appropriated for such purposes in a fiscal year to be available to extend delivery of public telecommunications services to areas not receiving such services. Authorizes appropriations, to match up to a specified amount of non-Federal contributions to public broadcasting entities, for the Public Broadcasting Fund for FY 1987 through 1989. Repeals provisions requiring a public telecommunications entity to refund to the Corporation for Public Broadcasting an amount of Federal funds equal to the amount of any unrelated business income tax paid by such entity.
United States · United States Congress · 26 April 1984
Expresses the sense of the Congress that the President should express to the Soviet Union the U.S. disapproval of the Soviet Union's: (1) systematic nondelivery of U.S. mail addressed to persons in the Soviet Union; and (2) violation of specified treaties governing international mail. States that at the meeting of the Congress of the Universal Postal Union in Hamburg, Germany, U.S. representatives should; (1) bring such violations to the attention of the Union; (2) request that an investigation of such violations be conducted by the Union; and (3) consider possible sanctions against the Soviet Union for such violations.
United States · United States Congress · 24 April 1984
Designates the Brigantine National Wildlife Refuge and the Barnegat National Wildlife Refuge in New Jersey collectively as the Edwin B. Forsythe National Wildlife Refuge.
United States · United States Congress · 12 April 1984
Children's Defense Act of 1984 - Prohibits a youth-oriented organization from utilizing the services of any individual which includes direct contact with children until such organization has inquired through the appropriate State agency and received an indication that such individual has no prior conviction of a sexual offense involving a child. Prohibits Federal agencies from extending Federal financial assistance to any youth-oriented organization which does not comply with this Act. Allows the chief legal officer of each State to establish a plan for the functioning of a State funneling agency to permit youth- oriented organizations to comply with this Act. Permits such plan to be submitted to the Department of Justice for the approval of the Attorney General. Establishes guidelines for State funneling agencies to receive records and information from the Federal Bureau of Investigation. Sets forth security procedures for the records and information acquired and maintained by the State. Requires States to have in effect criminal and civil penalties and remedies for any security violation or unauthorized disclosure of records or information. Requires State and local governments to promptly report to the Department of Justice convictions for sexual offenses involving children.
United States · United States Congress · 12 April 1984
Federal Reserve Reform Act of 1984 - Amends the Federal Reserve Act to place the Secretary of the Treasury on the Federal Open Market Committee. Changes the term of office of the Chairman of the Board of Governors of the Federal Reserve System from four years to the period ending on January 31 of the first calendar year beginning after the calendar year during which the term of the President who appointed the Chairman is scheduled to expire. Provides that in the event of the absence or unavailability of the chairman, the vice chairman (or in the vice chairman's absence another member of the Board) may be designated acting chairman. Provides that the vice chairman shall perform the duties of the chairman until a successor is appointed in the event of the chairman's death or resignation. Provides that in the case of the death or resignation of the chairman and the vice chairman or a vacancy in both offices, the member of the Board with the most years of service shall perform the duties of the chairman until a successor is appointed. Changes from 14 years to seven years the term of office of members of the Federal Reserve Board. Requires each change, of any nature whatsoever, in the intermediate targets for monetary policy that is adopted by the Federal Open Market Committee to be disclosed to the public on the date of adoption. Defines "intermediate targets" as any policy objectives regarding monetary aggregates, credit aggregates, prices, interest rates, or bank reserves.
United States · United States Congress · 12 April 1984
Redesignates the Office of Under Secretary of Health and Human Services in the Department of Health and Human Services as the Office of the Deputy Secretary of Health and Human Services. Establishes in such Department the Offices of: (1) Under Secretary for Health; and (2) Under Secretary for Human Services. Makes the Under Secretary for Health responsible for the Public Health Service, the Health Care Financing Administration, and the Office of Assistant Secretary for Health. Makes the Under Secretary for Human Services responsible for the Social Security Administration, the Office of Human Development Services, and the Office of Community Services.
United States · United States Congress · 11 April 1984
Older Americans Act Amendments of 1984 - Title I: Amendments Regarding Objectives and Definitions - Amends the Older Americans Act of 1965 to declare as an objective of such Act that our older people should have available a comprehensive array of community-based, long-term care services adequate to appropriately sustain them in their communities and in their homes. Title II: Amendments Regarding the Administration on Aging - Replaces provisions establishing the Administration on Aging in the Office of the Secretary of Health and Human Services with provisions establishing, under the general authority of the Secretary, an Office on Aging (the Office). Provides that the Office shall assume the duties and functions of the Administration on Aging. Provides that the Office shall, as was the Administration on Aging, be headed by the Commissioner on Aging. Requires the Office, in addition to the duties and functions of the Administration that it has assumed, to consult with national organizations representing minority individuals to develop and disseminate training packages and to provide technical assistance efforts designed to assist State and area agencies in providing services to older individuals with the greatest economic or social needs. Authorizes funds to be appropriated for FY 1985 through 1987 for the Federal Council on Aging. Directs the Secretary to issue regulations for the administration of the Older Americans Act of 1965. Prohibits the Secretary from making grants or contracts under such Act for training, research, and discretionary projects and programs until the Secretary develops and publishes general standards to be used in evaluating such projects and programs. Title III: Grants for Programs on Aging - Defines: (1) an "older individual" as any individual who is 60 or older; and (2) "multipurpose senior centers" as community facilities for the organization and provision of a broad spectrum of services, including health, social, nutritional, and educational services and facilities for recreational activities for older individuals. Authorizes funds to be appropriated for FY 1985 through 1987 for social service grants and nutrition project grants under the Older Americans Act of 1965. Requires each area agency on aging to: (1) specify annually in its area plan the amount of funds spent for each category of services in the preceding year; (2) conduct efforts to coordinate community- based, long-term care services designed to keep individuals in their homes, thereby deferring unnecessary institutionalization; (3) provide assurances that it will give particular attention in providing services to low-income minority older individuals; and (4) include minority individuals on the advisory councils which the agencies are required to establish. Requires a State's plan under such Act, in planning and operating its long-term care ombudsman program, to consider the views of area agencies on aging, older individuals, and provider agencies. Authorizes funds to be appropriated for FY 1985 through 1987 for the surplus commodity program under such Act. Provides for grants for counseling regarding appropriate health and life insurance coverage. Title IV: Training, Research, and Discretionary Programs Related to Aging - Revises provisions of the Older Americans Act of 1965 relating to training, research, and discretionary programs. Directs the Commissioner to make grants and enter into contracts for training, research, and discretionary programs related to aging in order to: (1) provide comprehensive and coordinated nondegree education, training programs, and curricula at institutions of higher education and at other educational organizations for practitioners in the fields of nutrition, health care, supportive services, housing, and long-term care; (2) provide inservice training opportunities to the personnel of State offices, area agencies, senior centers, and nutrition sites to strengthen their capacity to remain responsive to the needs of older individuals; and (3) provide courses on aging and dissemination of information about aging. Directs the Office on Aging to conduct both: (1) long-term educational activities to prepare personnel for careers in the field of aging; and (2) short-term inservice training and continuing education activities for State and area agency personnel, and other personnel, in the field of aging. Requires multidiscriplinary centers of gerontology to: (1) conduct research and policy analysis and function as a technical resource for the Commissioners, policy makers, service providers, and Congress; (2) recruit and train personnel; (3) conduct research toward the development of information related to aging; (4) stimulate the incorporation of information on aging into the teaching of biological, behavioral, and social sciences at colleges and universities; (5) develop training programs in the field of aging; (6) serve as a repository of information and knowledge on aging; (7) provide consultation to organizations servicing older individuals under provisions of this Act; and (8) provide data to the Commissioner on projects and activities for which training, research, and discretionary program funds are provided. Sets forth the purposes of research and development projects under the Older Americans Act of 1965. Directs the Commissioner to select for research assistance research activities which will, within three years of enactment of this Act: (1) contribute to the establishment and maintenance of a demographic data base which contains information on the population of older individuals; (2) identify the future needs of older individuals; (3) identify the kinds and comprehensiveness of programs required to satisfy such needs; and (4) identify the kinds and number of personnel required to carry out such programs. Authorizes making grants and contracts for projects designed to identify older individuals who suffer from Alzheimer's disease and other neurological diseases and provide family respite services and other community-based care services to such individuals. Revises provisions relating to special demonstration projects on legal services for older individuals. Directs the Commissioner to make grants and enter into contracts to: (1) provide nationwide legal services support activities to State and area agencies on aging for providing, developing, or supporting legal services for older individuals; and (2) support demonstration projects to expand or improve the delivery of legal services to older individuals with social or economic needs. Authorizes funds to be appropriated for FY 1985 through 1987 for training, research, and discretionary programs under the Older Americans Act of 1965. Directs the Commissioner to: (1) be responsible for the administration, implementation, and making of grants and contracts for such programs; and (2) annually provide a report on the expenditure of funds for such programs. Title V: Community Service Employment - Amends the Older Americans Community Service Employment Act to authorize funds to be appropriated for FY 1985 through 1987. Increases the number of part-time employment positions provided under such Act. Title VI: Grants for Indian Tribes - Decreases to 60 the number of individuals in a tribe who must have attained age 60 in order for a tribe to be eligible for a grant under the Older Americans Act of 1965. Authorizes funds to be appropriated for FY 1985 through 1987 under the Older Americans Act of 1965 for grants to Indian tribes. Title VII: Amendments to Other Laws; Effective DAtes - Sets forth conforming amendments and effective dates.
United States · United States Congress · 5 April 1984
Authorizes the President to: (1) enter into a trade agreement with Israel providing for the continuance of existing duty-free treatment of and the elimination of existing duties and other import restrictions on products of Israel; and (2) proclaim such continuances and modifications of tariff treatment of and import restrictions on such articles as necessary to carry out the trade agreement.
United States · United States Congress · 3 April 1984
Designates the Brigantine National Wildlife Refuge and the Barnegat National Wildlife Refuge in New Jersey collectively as the Edwin B. Forsythe National Wildlife Refuge.
United States · United States Congress · 30 March 1984
Age Discrimination in Employment Act Public Safety Officers Amendments of 1984 - Amends the Age Discrimination in Employment Act of 1967 to exclude State and local law enforcement officers and firefighters from coverage under the Act.
United States · United States Congress · 15 March 1984
Amends the Education Consolidation and Improvement Act of 1981 to permit the use of education block grant funds for projects for Irish children. Requires that such projects provide an opportunity to live in the United States to children aged ten through 18 from areas of Ireland that have been torn by civil strife and violence. Requires that such opportunity include attendance in U.S. schools and affiliation with children of diverse religious, ethnic, cultural, and social backgrounds in a peaceful atmosphere. Permits such funds to be used for such projects if the local educational agency concerned files with the Secretary of Education a plan containing assurances that at least one-half of the cost of such projects will be provided from private donations and that project funds will be used to pay a portion of the cost of such children's round-trip transportation, U.S. schooling, and other living expenses.
United States · United States Congress · 14 March 1984
Prohibits the President from issuing a letter of offer to Jordan or Saudi Arabia for basic Stinger air defense guided missile systems. Prohibits the President, if such a sale has already been made, from making deliveries to the recipient country without specific authorization by the Congress.
United States · United States Congress · 14 March 1984
Amends title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services not to establish a rate of payment for hospice care which is less than specified amounts for routine home care, continuous home care, inpatient respite care, and general inpatient care. Directs the Secretary to: (1) annually review and, if appropriate, adjust such rates; and (2) periodically report to Congress on such review and adjustments.
United States · United States Congress · 8 March 1984
Fair Trade in Steel Act of 1984 - Declares that it is the policy of Congress that access to the U.S. market for foreign-produced carbon, alloy, and specialty steel mill products should be on an equitable basis to safeguard national security, insure orderly trade in steel mill products, reduce unfair trade in steel mill products, and alleviate U.S. balance-of-payments problems. Expresses the intent of Congress to: (1) expand the economic viability of the U.S. steel industry and the jobs of its workers; (2) prevent the further decline of the domestic steel industry; and (3) temper the economic hardships resulting from unemployment in steel industry communities by encouraging reinvestment in existing steelmaking facilities. Limits annual imports of specified steel mill product categories to specified percentages of the apparent domestic supply which are based on adjusted average import penetration levels for each such product category for the years 1979, 1980, and 1981. Directs the Secretary of Commerce to allocate global product limitations among foreign countries, groups of countries, or areas. Sets forth guidelines for making such allocations. Requires the Secretary to make an annual determination of the expected apparent domestic supply in each steel mill product category. Requires the Secretary to revise such determination periodically during the year. Directs the Secretary to determine, within 90 days after the effective date of this Act, whether the steel industry companies have plans to use substantially all of the cash flow from the steel sector for reinvestment in and the modernization of the steel sector. Prohibits the import restrictions from taking effect until the Secretary determines that the steel companies have such plans. Directs the Secretary to monitor steel sector investments made and announced by the steel industry and to consult with steel industry representatives and employees in the course of such monitoring. Directs the Secretary to determine annually whether steel companies are using substantially all the cash flow from the steel sector for reinvestment in and modernization of the steel sector. Directs the Secretary to modify or suspend the relevant import restrictions if the Secretary determines that substantially less than all the cash flow from the steel sector is being used for such reinvestment and modernization and that the level of investment is not demonstrably justified by adverse financial conditions within the industry. Directs the Secretary to publish: (1) each annual determination and its rationale; and (2) the total amount of cash flow from the steel sector and the total amount used for reinvestment in and modernization of the steel sector. Requires the steel companies to provide the Secretary with the information necessary for making such determinations. Directs the Secretary to examine the supply and demand situation in the United States for a specified steel product category if requested by affected steel consumers. Sets forth criteria to be used in determining short supply. Directs the Secretary to monitor imports of fabricated steel mill products. Sets forth the method of investigating whether imports of fabricated steel products are rendering ineffective or materially interfering with the objectives of this Act. Limits the quantity of iron ore that may be entered from all sources during any calendar year after the effective date of this Act. Directs the Secretary to allocate global iron ore limitations among foreign countries, groups of countries or areas. Sets forth guidelines for making such allocation. Directs the Secretary, in making such allocations, to attempt first to accommodate the requirements of individual steel mills which have been traditionally dependent on ocean sourced foreign iron ore and the requirements of contractual obligations incurred before January 1, 1984. Authorizes the Secretary to waive the import restrictions on iron ore if necessary to meet the needs of such individual steel mills. Provides for the enforcement and implementation of this Act.
![Official portrait of Rep. Rinaldo, Matthew J. [R-NJ-7]](https://www.congress.gov/img/member/r000262_200.jpg)