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Official portrait of Rep. Scheuer, James H. [D-NY-8]

Rep. Scheuer, James H. [D-NY-8]

United States · Official source

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4,730 records where Rep. Scheuer, James H. [D-NY-8] is listed as a sponsor, author, or other actor. Search with topics and years

Resolution· HRESH.Res. 774 (96th)referred

A resolution providing that the President should continue certain measures which have been taken against the new regime in Bolivia until that regime takes certain corrective actions.

United States · United States Congress · 27 August 1980

Declares that the President should not reestablish an official U.S. presence in Bolivia nor furnish any military or economic assistance to Bolivia until: (1) civil rights and the democratic process are restored; (2) U.S. citizens detained for political reasons are released; and (3) Bolivian drug involvement is assessed.

Resolution· HCONRESH.Con.Res. 409 (96th)referred

A concurrent resolution expressing the deep concern of the Congress about the deprivation by the Soviet Union of the right of Christians to freedom of religion and, in particular, about the situation of the seven Pentecostals now living in the United States Embassy in Moscow, and their families.

United States · United States Congress · 21 August 1980

Expresses the sense of Congress that the President should convey congressional concern about the deprivation of the rights of Christians by the Soviet Union, particularly the Pentecostals living in the U.S. Embassy in Moscow. Directs the President to report to Congress on the prospects for religious freedom in the Soviet Union.

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.

Resolution· HCONRESH.Con.Res. 404 (96th)referred

A concurrent resolution expressing the sense of the Congress that the President should convey to the Soviet Government the deep concern of the Congress and the American people for the fate of Raoul Wallenberg and that the United States delegation to the Madrid Conference on Security and Cooperation in Europe should urge consideration of the case of Raoul Wallenberg at that meeting by the signatories to the Helsinki Final Act.

United States · United States Congress · 20 August 1980

Expresses the sense of Congress that: (1) the President should express to the Soviet Government U.S. concern for the fate of Raoul Wallenberg; and (2) the U.S. delegation to the Madrid meeting of the Conference on Security and Cooperation in Europe should urge the consideration of the Wallenberg case.

Law· HRH.R. 7939 (96th)open

A bill to amend the Securities Investor Protection Act to increase the amount of protection available under such Act to customers of brokers and dealers, and to provide for the applicability of the Right to Financial Privacy Act of 1978 to the Securities and Exchange Commission.

United States · United States Congress · 18 August 1980

Amends the Securities Investor Protection Act to increase from $100,000 to $500,000 the maximum amount which the Securities Investor Protection Corporation may distribute to a customer in the liquidation of a broker-dealer. Permits up to $100,000 of such amount (presently, $40,000) to be used to satisfy a claim for cash. Amends the Right to Financial Privacy Act of 1978 to apply its provisions to the Securities and Exchange Commission, except as provided in the Securities Exchange Act of 1934. Amends the Securities Exchange Act of 1934 to authorize the Commission to obtain copies of information contained in financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate district court that the Commission: (1) seeks such records pursuant to a subpoena issued in conformity with the requirements of the Federal securities laws; and (2) has reason to believe that specified acts or results will occur. Requires, upon expiration of any authorized period of delay of notification, that the customer be served with a copy of the subpoena along with a specified notice which describes the nature of the investigation. Directs the Commission to compile an annual tabulation of the occasions on which the Commission obtains access to financial records of a customer as authorized under this Act and include such tabulation in its annual report to Congress. Permits a customer, following the expiration of the period of delay of notification, to reopen the proceeding in the district court. Authorizes such court to grant civil penalties against the Commission or issue injunctive relief if the Commission has obtained records in violation of this Act. Directs the Office of Personnel Management to initiate a proceeding to determine whether disciplinary action should be taken against an employee of the Commission who acted in a willful and intentional manner and without good faith with respect to the violation. Authorizes the Commission to transfer financial records to any government authority in accordance with the Right to Financial Privacy Act, but permits customer notice to be delayed upon an appropriate showing under this Act. Authorizes the Commission to obtain financial records from a financial institution or transfer such records in accordance with the Right to Financial Privacy Act of 1978.

Bill· HRH.R. 7921 (96th)referred

Product Liability Act of 1980

United States · United States Congress · 1 August 1980

Product Liability Act of 1980 - Provides that this Act preempts any other Federal or State law pertaining to matters governed by the Act. Permits reference to be made to other sources of law where this Act does not provide a rule of decision. Sets forth basic standards of responsibility for manufacturers and product sellers other than manufacturers. Subjects a product manufacturer to liability to a claimant who proves by a preponderance of the evidence that the claimant's harm was proximately caused by the product, if such product was unreasonably unsafe in construction or design, or because: (1) adequate warnings or instructions were not provided; or (2) it did not conform to the product seller's express warranty. Specifies the requisite findings which must be made for such proof or unreasonable unsafety to be determined. Subjects a product seller other than a manufacturer to liability to a claimant who proves by a preponderance of the evidence that the claimant's harm was proximately caused by such seller's failure to use reasonable care with respect to the product. Enumerates circumstances under which such a seller is also subject to the liability of a manufacturer. Provides that a product seller shall not be subject to liability for harm caused by an unavoidably dangerous aspect of a product, with specified exceptions. Provides that a product seller shall not be liable where it shows as a defense by a preponderance of the evidence that at the time of manufacture it was not within practical technological feasibility to make the product safer with respect to its design and its warnings or instructions with specified exceptions. Permits the trier of fact to consider custom in the product seller's industry or evidence of compliance with a nongovernmental safety or performance standard in determining whether there was a design defect or failure to warn or instruct. Sets forth rules relating to proof in product liability cases with respect to government standards and mandatory contract specifications. Sets forth provisions governing the length of time product sellers are subject to liability. Provides for a ten-year statute of repose unless the State has adopted a statute of repose. Provides that all claims under this Act shall be governed by the principles of comparative responsibility. Sets forth rules with respect to conduct affecting comparative responsibility, including misuse of a product and alteration or modification of a product. Specifies the manner in which damages are to be apportioned. Requires that damages in any product liability claim be reduced by an amount paid as workers' compensation benefits. Allows punitive damages to be awarded if the claimant proves by clear and convincing evidence that the harm suffered was the result of the product seller's reckless disregard for the safety of product users, consumers, or others who might be harmed by the product.

Bill· HRH.R. 7866 (96th)referred

A bill to prohibit the use of master meters for gas and electricity supplied to new buildings having more than one unit, and for other purposes.

United States · United States Congress · 30 July 1980

Amends the Public Utility Regulatory Policies Act of 1978 to require separate metering of the electricity or natural gas used in each new building unit constructed after enactment of this Act. Authorizes the Federal Energy Regulatory Commission to bring actions against electric and gas utilities to require compliance with such requirements. Sets forth penalties for violations of such requirements.

Resolution· HCONRESH.Con.Res. 395 (96th)referred

A concurrent resolution expressing the sense of the Congress with respect to the well-being of the American hostages in Iran.

United States · United States Congress · 30 July 1980

Expresses the sense of Congress that the President should request the International Red Cross to: (1) make regular visits to the hostages held in Iran and report back to Congress with its findings; and (2) urge its member countries to solicit Iranian cooperation in such visits.

Bill· HRH.R. 7836 (96th)referred

Securities Law Investigation Privacy Protection Act

United States · United States Congress · 25 July 1980

Securities Law Investigation Privacy Protection Act - Amends the Right to Financial Privacy Act of 1978 to apply its provisions to the Securities and Exchange Commission, except as provided in the Securities Exchange Act of 1934. Amends the Securities Exchange Act of 1934 to authorize the Commission to obtain copies of information contained in financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate district court that the Commission: (1) seeks such records pursuant to a subpoena issued in conformity with the requirements of the Federal securities laws; and (2) has reason to believe that specified acts or results will occur. Requires, upon expiration of any authorized period of delay of notification, that the customer be served with a copy of the subpoena along with a specified notice which describes the nature of the investigation. Directs the Commission to compile an annual tabulation of the occasions on which the Commission obtains access to financial records of a customer as authorized under this Act and include such tabulation in its annual report to Congress. Permits a customer, following the expiration of the period of delay of notification, to reopen the proceeding in the district court. Authorizes such court to grant civil penalties against the Commission or issue injunctive relief if the Commission has obtained records in violation of this Act. Directs the Office of Personnel Management to initiate a proceeding to determine whether disciplinary action should be taken against an employee of the Commission who acted in a willful and intentional manner and without good faith with respect to the violation. Authorizes the Commission to transfer financial records to any government authority in accordance with the Right to Financial Privacy Act, but permits customer notice to be delayed upon an appropriate showing under this Act. Authorizes the Commission to obtain financial records from a financial institution or transfer such records in accordance with the Right to Financial Privacy Act of 1978.

Resolution· HCONRESH.Con.Res. 389 (96th)reported

A concurrent resolution condemning the harassment and persecution by the Soviet Government of Vladimir Kislik.

United States · United States Congress · 25 July 1980

Condemns Soviet persecution of Vladimir Kislik. Expresses the sense of Congress that: (1) the President should request that Kislik be permitted to emigrate from the Soviet Union; and (2) if not permitted to emigrate, the matter should be placed on the agenda of the next Biennial Conference on Security and Cooperation in Europe.

Bill· HRH.R. 7791 (96th)referred

A bill to amend the Securities Exchange Act of 1934 to provide that a person who is a citizen of or is incorporated in a foreign country may acquire certain amounts of United States securities only to the extent that the laws of such foreign country are no more restrictive with respect to the acquisition of comparable amounts of foreign securities by a person who is a citizen of or is incorporated in the United States.

United States · United States Congress · 22 July 1980

Amends the Securities Exchange Act of 1934 to make it unlawful for a foreign citizen or corporation to acquire more than five percent of any class of U.S. securities, unless U.S. citizens or corporations are permitted to acquire, under regulations no more restrictive than in the United States, securities in such foreign country. Permits the President to waive such restriction in a national emergency. Makes such amendment effective July 22, 1980.

Bill· HRH.R. 7744 (96th)referred

A bill to provide coverage under part B of the medicare program for supplies and services furnished by hospices to individuals who have been determined to be terminally ill.

United States · United States Congress · 2 July 1980

Amends part B (Supplementary Medical Insurance Benefits for the Aged and the Disabled) of title XVIII (Medicare) of the Social Security Act to make such benefits available for health services and medical supplies furnished by hospices to individuals who: (1) are determined by a physician to be terminally ill and to have less than six months to live; and (2) are U.S. citizens or legal aliens who have resided in the United States for the preceding five years.

Bill· HRH.R. 7750 (96th)referred

A bill to amend the Securities Exchange Act of 1934 to make it unlawful for a foreign Corporation to acquire certain ownership interests in United States securities unless the country in which such corporation is incorporated permits the acquisition of similar ownership interests in foreign securities by United States companies.

United States · United States Congress · 2 July 1980

Amends the Securities Exchange Act of 1934 to make it unlawful for a foreign corporation to acquire U.S. securities, unless U.S. corporations are permitted to acquire, under regulations no more restrictive than in the United States, securities in the country of such foreign corporation's incorporation. Permits the President to waive such restriction in a national emergency.

Bill· HRH.R. 7689 (96th)referred

Research and Development Authorization Estimates Act

United States · United States Congress · 27 June 1980

Research and Development Authorization Estimates Act - Amends the Presidential Science and Technology Advisory Organization Act to require the Director of the Office of Science and Technology Policy to advise the President and the Director of the Office of Management and Budget every other fiscal year in preparing an estimate of the appropriate funding levels for research and development for each Federal department, agency and instrumentality for at least that and the following fiscal years. Requires the Director of the National Science Foundation to identify and describe situations and conditions which warrant special attention within the next four years, rather than the next five years as is now required, including the significant effects of current and projected trends in science and technology on the requirements of the Nation and existing and projected scientific and technological resources. Requires the director to consult with the Federal Coordinating Council for Science, Engineering, and Technology concerning programs and responsibilities relating to the problems, constraints, and opportunities so identified, and to recommend legislation which will contribute to the resolution of such problems. Requires the Office of Science and Technology Policy to study on a continuing basis the impact of inflation on the conduct of federally-supported research and development. Amends the National Science Foundation Act of 1950 to require the Foundation to annually submit to Congress an analysis of all Federal research and development funding by function.

Bill· HRH.R. 7688 (96th)referred

A bill to amend the Internal Revenue Code of 1954 to provide a tax credit to homebuilders for the construction of residences incorporating certain solar energy utilization characteristics.

United States · United States Congress · 27 June 1980

Amends the Internal Revenue Code to provide homebuilders with an income tax credit for the construction of residences which incorporate a passive solar energy system. Directs the Secretary of the Treasury, after consultation with the Secretaries of Energy and Housing and Urban Development, to prescribe regulations setting forth a solar construction credit table for purposes of determining the amount of the credit for which the incorporator of the solar energy system is eligible. Limits the dollar amount of such credit to $2,000 for calendar years prior to 1986 and phases out the amount of the credit by $500 decrements until 1989 when such credit terminates. Defines "passive solar energy system" as a system which contains a solar collection area, an absorber, a storage mass, a heat distribution method, and heat regulation devices. Requires such system to be installed in a new residence after September 30, 1980 and before January 1, 1989.

Bill· HRH.R. 7653 (96th)referred

A bill to provide for the issuance of a commemorative postage stamp in honor of Father Michael J. McGivney, founder of the Knights of Columbus.

United States · United States Congress · 25 June 1980

Directs the Postmaster General to issue a commemorative postage stamp in honor of Father Michael J. McGivney, the founder of the Knights of Columbus, as the Knights of Columbus celebrate their 100th anniversary. Requires that such stamp be issued in the denomination used for first class mail and be placed on sale in 1982.

Bill· HRH.R. 7667 (96th)referred

A bill to amend the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940 to clarify exemptions from such Acts for the funding by insurance companies of certain employee benefit plans.

United States · United States Congress · 25 June 1980

Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to revise provisions exempting specified securities from such Acts to: (1) include within the exemption interest in a trust fund or securities arising out of an insurance contract in connection with a governmental employee benefit plan; but (2) exclude plans which are funded by an annuity contract. Amends the Investment Company Act of 1940 to include within the exemption from such Act governmental employee benefit plans and single trust funds maintained by a bank.

Resolution· HRESH.Res. 709 (96th)referred

A resolution expressing the sense of the House of Representatives that the President should convene a White House Conference on Energy Conservation.

United States · United States Congress · 16 June 1980

Expresses the sense of the House of Representatives that the President should invite the public to participate in a White House Conference on Energy Conservation to: (1) identify obstacles to energy conservation; (2) identify ways to achieve more wide-spread implementation of energy conservation measures; and (3) prepare a list of recommended action to be taken.

Bill· HRH.R. 7580 (96th)referred

Foreign Language Assistance Act

United States · United States Congress · 13 June 1980

Foreign Language Assistance Act - Directs the Secretary of Education to make grants to State educational agencies applying to reimburse local educational agencies for part of the costs of foreign language instruction for students in grades one through six, at a rate of $20 per student. Directs the Secretary to: (1) conduct a survey of the effectiveness of foreign language training in grades seven through 12, and in community colleges; and (2) report to Congress within two years on the results of such survey. Directs the Secretary to make grants to applicant institutions of higher education as reimbursement for part of the costs of foreign language instruction. Conditions eligibility for such grants upon an institution's: (1) having more than five percent of its total number of students enrolled in qualified postsecondary language courses; and (2) meeting such standards and reporting requirements for assisted instructional programs as the Secretary may establish. Sets rates for such grants, per student beyond the minimum five percent of total enrollment, of $30 for first or second year language courses and $40 for courses above second-year level, with an additional $20 for less commonly taught languages. Directs the Secretary to make grants to each institution of higher education which requires at least two academic years of secondary school foreign language credits or knowledge of a foreign language for each graduating student, at a rate of $30 per number of students enrolled (as full-time students or the full-time equivalent of the number of part-time students) at such institution. Provides that grants under this Act shall be ratably reduced if sums appropriated are not sufficient for full payment. Prohibits the making of a grant, or entering into a contract, under this Act except to such extent, or in such amounts, as provided in appropriation Acts. Authorizes appropriations to carry out this Act for fiscal year 1982.

Bill· HRH.R. 7576 (96th)referred

Trade Procedures Simplification Act of 1980

United States · United States Congress · 13 June 1980

Trade Procedures Simplification Act of 1980 - Requires the Attorney General, in consultation with other Federal agency heads, to determine whether: (1) U.S. business conduct and arrangements in various countries to expand exports conflict with basic antitrust principles; and (2) a more liberal enforcement policy for overseas activities would impede implementation of the antitrust laws. Directs the Attorney General to identify conduct and arrangements associated with particular types of export sales which the Attorney General determines would not warrant prosecution under the antitrust laws. Sets forth the procedures for describing such permissible conduct and disclosing such descriptions. Authorizes the Secretary of Commerce to intervene in such suits and to provide legal assistance to exporters. Prohibits prosecution under the antitrust laws of exporters who: (1) have notified the Attorney General of their intention to engage in such designated permissible conduct; or (2) receive an approval, or no objection, from the Attorney General concerning proposed transactions. Requires the Attorney General and the Secretary of Commerce to report to Congress concerning implementation of this Act.

Bill· HRH.R. 7551 (96th)referred

Prevention, Identification, and Treatment of Adult Abuse Act of 1980

United States · United States Congress · 11 June 1980

Prevention, Identification, and Treatment of Adult Abuse Act of 1980 - Directs the Secretary of Health and Human Services to establish as an office the National Center on Adult Abuse. Requires the Secretary, through such Center, to: (1) compile and disseminate annually a summary of recently conducted research on adult abuse, neglect, and exploitation; (2) develop an information clearinghouse on all programs for prevention and treatment of such occurrences; (3) compile and disseminate training materials for personnel engaged in the prevention or treatment of such abuse; (4) provide technical assistance to public and nonprofit agencies and organizations to assist in programs and activities relating to adult abuse; (5) conduct research into the causes and prevention of such behavior; and (6) study and investigate the national incidence of adult abuse. Authorizes the Secretary to make grants or enter into contracts with public agencies or nonprofit organizations for demonstration programs and projects designed to prevent, identify, and treat adult abuse, neglect, and exploitation. Permits such funding to be used for the development and establishment of training programs for personnel in relevant fields, for the establishment of local centers, and for furnishing the services of trained personnel to small communities. Authorizes the Secretary to make grants to the States to assist in developing, and carrying out adult abuse, neglect, and exploitation prevention and treatment programs. Requires each State to have an adult abuse and exploitation law in effect which is actively enforced to qualify for such grants. Authorizes appropriations to carry out the purposes of this Act.

Bill· HJRESH.J.Res. 564 (96th)referred

A joint resolution congratulating the Order of the Sons of Italy in America for their seventy-fifth anniversary and wishing the Order of the Sons of Italy in America success in future years and proclaiming June 22, 1980, as "National Italian-American Day".

United States · United States Congress · 9 June 1980

Extends the congratulations of the Congress to the Order of the Sons of Italy in America for their 75th anniversary. Proclaims Sunday, June 22, 1980, as "National Italian-American Day."

Bill· HRH.R. 7517 (96th)referred

Federal Procurement and Employment Impact Act

United States · United States Congress · 5 June 1980

Federal Procurement and Employment Impact Act - Requires each Federal agency to prepare an annual employment impact statement for its proposed procurement practices. Requires each statement to include: (1) unemployment rates in the areas where major work related to the procurement will occur; and (2) actions which will be required of contractors to employ severely disadvantaged individuals. Requires revisions in the impact statement if actual procurement deviates from that proposed at the beginning of a fiscal year. Directs the Secretary of Labor: (1) to provide Federal agencies with information concerning unemployment rates; and (2) to assist the agencies in implementing training programs and assistance to enable disadvantaged individuals to qualify for employment under agency procurement. Requires each Federal agency to publish its impact statement in its regular contract periodical publications. Exempts contracts related to activities designated by the President as foreign intelligence and counterintelligence activities from the requirements of this Act. Directs the Comptroller General to review and report to Congress on the implementation of this Act two years after its enactment.

Bill· HRH.R. 7505 (96th)referred

Industrial Energy Conservation Incentive Tax Act of 1980

United States · United States Congress · 5 June 1980

Industrial Energy Conservation Incentive Tax Act of 1980 - Amends the Internal Revenue Code to increase the investment tax credit energy percentage from ten to 20 percent for alternative energy property and for specially defined energy property. Makes such credit refundable. Provides for a refundable 20 percent investment tax credit for qualified conservation property. Defines "qualified conservation property" as property which is used by a taxpayer as an energy-saving modification to an existing industrial facility.

Bill· HRH.R. 7516 (96th)referred

A bill to amend the Trust Indenture Act of 1939 to make the small offering exemption under section 3(a)(8) of such Act consistent with the small offering exemption under the Securities Act of 1933, to increase the amount of the small offering exemption under section 3(a)(9) of the Trust Indenture Act of 1939, and for other purposes.

United States · United States Congress · 5 June 1980

Amends the Trust Indenture Act of 1939 to make the small offerings exemption from registration of securities not issued under an indenture consistent with the same exemption under the Securities Act of 1933. Increases the small offerings exemption from registration of securities issued under an indenture from $1,000,000 to $10,000,000 (or a lesser amount as the Securities and Exchange Commission may establish).

Bill· HRH.R. 7522 (96th)referred

Energy Savings Tax Credit Act of 1980

United States · United States Congress · 5 June 1980

Energy Savings Tax Credit Act of 1980 - Amends the Internal Revenue Code to allow individual taxpayers a refundable income tax credit for 50 percent of the residential energy costs saved by such taxpayers during a taxable year in comparison with residential energy costs incurred during 1979. Terminates the authority for such tax credit for taxable years beginning after December 31, 1985.

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· HRH.R. 7491 (96th)referred

Business Development Company Act of 1980

United States · United States Congress · 4 June 1980

Business Development Company Act of 1980 - Title I: Amendments to the Investment Company Act of 1940 - Amends the Investment Company Act of 1940 to define: (1) "business development company" as any closed-end investment company organized and operated solely for making investments in specified securities transactions and making available managerial assistance to the issuers of such securities; and (2) "eligible portfolio company" as any company which (a) has no class of securities registered pursuant to the Securities Exchange Act of 1934, or with respect to which a member of a national securities exchange, broker, or dealer may maintain credit for a customer; and (b) is neither an investment company nor any person described as a noninvestment company order under such Act. Provides that certain small business investment companies owning ten percent or more of the outstanding voting securities of the issuer-company shall be considered a beneficial ownership by one person if: (1) the value of all securities of small business investment companies owned by such company does not exceed five percent of its total assets; or (2) such securities of the small business investment company are owned by a specified State development corporation. Deems other specified issuers as a beneficial ownership by one person if the value of all securities owned by all noninvestment company issuers does not exceed five percent of its total assets. Makes it unlawful for any business development company to hold any asset except: (1) securities purchased in transactions not involving any public offering, or unless as prescribed by the Commission (a) from any eligible portfolio company or controlling person thereof and (b) from any company which is no longer an eligible portfolio company under specified circumstances; (2) securities received in exchange for or distributed with respect to such nonpublic offering securities; (3) cash and Government securities or high quality debt securities maturing in one year or less; and (4) noninvestment property necessary for the operation of a business development company, including certain notes or other evidences of indebtedness. Authorizes any noncontrolling shareholder affiliate (as defined by this Act) to enter into a joint transaction with a business development company if: (1) such transaction is approved by a majority of the development company's directors having no financial interest in such transaction; and (2) such transaction is recorded in the board's minutes. Permits an officer or employee of a business development company to borrow money from the company to purchase securities issued by such company pursuant to an executive compensation plan if such loan: (1) has a term of not more than ten years; (2) becomes due not more than 60 days after such person terminates his/her employment; (3) bears interest at not less than the prevailing interest rate at the date of issuance; (4) is fully collateralized; and (5) is approved by a majority of the board of directors having no financial interest in the transaction. Authorizes a business development company with no outstanding publicly held indebtedness to issue more than one class of senior debt securities if all securities of each class are: (1) privately held by the Small Business Administration or other institutional investors; and (2) not intended for public distribution. Authorizes a business development company to issue senior debt securities accompanied by options or rights to convert to voting securities if: (1) such conversion rights expire within ten years; (2) such conversion rights are not separately transferable unless no class of such rights and the accompanying senior securities has been publicly distributed; (3) the conversion price is not less than the current market value at the date of issuance; and (4) such securities issuance is authorized by the company's shareholders and approved by a majority of its board of directors having no financial interest in such issuance. Authorizes a business development company to issue options and rights to purchase voting securities to its officers and employees pursuant to an executive compensation plan under specified conditions. Authorizes a registered closed-end business development company to issue stock at less than its net value in connection with such senior convertible securities. Title II: Amendments to the Investment Advisers Act of 1940 - Amends the Investment Advisers Act of 1940 to define "business development company" as any company organized and operated solely for the purposes of making investments in securities purchased in specified transactions and making managerial assistance available to the issuers of such securities. States that no shareholder, partner, or beneficial owner of a business development company shall be considered a client of an investment adviser unless such person is such a client apart from his/her status as a shareholder, partner, or beneficial owner. Exempts certain investment advisory contracts between an investment adviser and a business development company from specified mail or interstate commerce contract prohibitions.

Resolution· HRESH.Res. 689 (96th)passed

A resolution expressing the sense of the House that it offer its congratulations to Americans who participated in the second Olympic Winter Games for the Physically Disabled in Cielo, Norway and to the organizations who helped to promote the event.

United States · United States Congress · 29 May 1980

Extends the congratulations of the House of Representatives to members of the 1980 handicapped Olympic team and recognizes specified organizations for their efforts in producing the second winter Olympics for the physically handicapped.

Bill· HRH.R. 7447 (96th)referred

A bill to amend sections 3307(d) and 8335(b) of title 5, United States Code, with respect to age limits for appointment and mandatory retirement of law enforcement officers engaged in detention activities.

United States · United States Congress · 28 May 1980

Prohibits a Federal agency from fixing the maximum age limit for original appointments to a position as a law enforcement officer whose duties primarily involve detention activities at less than 40 years of age. Increases from 55 to 60 years the age at which such an officer who is eligible for immediate retirement must be separated from the service.

Bill· HRH.R. 7420 (96th)referred

District Heating Act of 1980

United States · United States Congress · 21 May 1980

District Heating Act of 1980 - Authorizes the Secretary of Energy to make grants upon the application of a qualified municipality (a self-governing town or city of population 100,000 or less which meets the Federal assistance requirements prescribed by the Secretary) to fund: (1) feasibility studies on district heating (the provision through pipelines of residential, commercial, and industrial water and space heating, and process steam from electric powerplants or other thermal sources) in such municipality; and (2) engineering and design studies for district heating in such municipality. Authorizes the Secretary upon application by a qualified municipality to make guaranteed interest loans to such municipality to cover the costs establishing a district heating system. Requires that each loan application contain plans, specifications, and estimates for the proposed heating system. Sets forth the criteria for approval of loan applications by the Secretary. States that loan application approval by the Secretary shall be deemed a contractual obligation of the United States to grant the loan for the district heating system. Conditions Federal assistance for district heating systems on the disclosure of complete information on any such system to the Secretary. Directs the Secretary to make grants to States for studies by the States and local government entities on organization problems related to the establishment of district heating systems.

Bill· HRH.R. 7412 (96th)referred

Space Industrialization Act of 1980

United States · United States Congress · 21 May 1980

Space Industrialization Act of 1980 - Title I: Establishment of Space Industrialization Corporation - Authorizes the establishment of the Space Industrialization Corporation. Directs the President to appoint a panel assist in the selection of persons to be appointed to the board of directors of such corporation. Sets forth the terms and conditions of membership on such board. Sets forth the powers and duties of such corporation, including the provision of the financial means to purchase satellite launching and related services. Requires the Corporation to provide assistance by financing industrial ventures under negotiated management plans to promote the development of new products, processes, services, and industries in space, and the transfer of space technology for applications having potential societal benefits. Requires applications for assistance to contain a detailed description of all of the technical, business, and economic aspects of the project. Limits assistance to corporations or groups organized under the laws of any State or territory or possession of the United States and to U.S. citizens. Requires the Corporation to give preference to those proposals which have high potential benefits with consideration being given to the level of risk and the potential for recovery of the assistance provided, and in which the applicant demonstrates substantial commitment to achieving technical, financial, and business objectives. Requires the Corporation and an applicant whose proposal is found to be meritorious to negotiate a management plan which includes appropriate intermediate goals and milestones, a requirement that no less than five percent of the costs will be provided by the applicant, provision for continuing review by the Corporation, a requirement for repayment of the assistance authority of the Corporation to terminate such assistance, the cost of utilizing space industrial systems, and the functions to be performed by the National Aeronautics and Space Administration (NASA). Permits the Corporation to make special grants to applicants to correct deficiencies in proposals otherwise meritorious. Requires the Corporation to establish criteria and guidelines for administering the assistance program. Reserves to an applicant for assistance all rights to intellectual properties and discoveries pertaining to or disclosed in the proposal and any other such properties held and discoveries made prior to final approval of the project involved. Establishes in the Treasury of the United States a Space Industrialization Trust Fund to be made available to the Corporation for use in carrying out the objectives and purposes of this Act. Authorizes appropriations to the Fund. Directs the Secretary of the Treasury to invest a portion of the Funds as specified. Directs the President to aid in the planning, development, and execution of a national program implementing space industrialization systems, coordinate the activities of governmental agencies with responsibilities in fields related to space industrialization, and exercise appropriate supervision over relationships of the Corporation with foreign governments and international bodies. Directs NASA to advise and consult with the Corporation on the technical characteristics of space industrialization systems, assist in the conduct of research, development, and operations, and to furnish launching and associated services. Requires the Corporation to notify and consult with the Department of State whenever specified business negotiations are entered into with any international or foreign entity. Directs the Corporation to transmit annually to the President and Congress a report containing a comprehensive description and evaluation of the activities and accomplishments of the Corporation. Title II: Public Ownership of Space Industrialization Corporation - Directs the Board to take all steps necessary to transfer the Corporation from Government to public ownership. Subjects the Corporation to the District of Columbia Business Corporation Act. Authorizes the Corporation to issue shares of capital stock, nonvoting securities, bonds, debentures, and other certificates of indebtedness. Permits inspection and copying of Corporation records by stockholders without regard to the percentage of stock held. Requires all proceeds from securities issued to be deposited in the Space Industrialization Trust Fund. Requires sums from such Fund to be used to pay all expenses of dividend, interest, and redemption payments and to repay appropriations as specified to the general fund of the Treasury.

Bill· HRH.R. 7366 (96th)referred

Law Enforcement Officers Protection Act of 1980

United States · United States Congress · 15 May 1980

Law Enforcement Officers' Protection Act of 1980 - Directs the Secretary of the Treasury to: (1) conduct a study to determine the capacity of handgun bullets to penetrate bulletproof vests and the risk posed to law enforcement officers by the availability of handgun bullets; and (2) report the findings and legislative recommendations to the President and Congress within one year after funds are made available under this Act.

Law· HJRESH.J.Res. 551 (96th)open

A joint resolution authorizing and requesting the President of the United States to issue a proclamation designating the seven calendar days beginning October 5, 1980, as "National Port Week", and for other purposes.

United States · United States Congress · 14 May 1980

Authorizes and requests the President to designate the seven-day period beginning October 5, 1980, as "National Port Week." Directs the Secretary of Commerce to report annually to Congress on the conditions of U.S. public ports.

Bill· HRH.R. 7329 (96th)referred

A bill to authorize and request the President to present, on behalf of the Congress, a medal to each of the amateur athletes selected to be a member of the 1980 United States Olympic Team to the Olympic Games, and to authorize the striking of duplicate medals for public sale.

United States · United States Congress · 12 May 1980

Authorizes and requests the President to present, on behalf of the Congress, a national medal to each athlete selected to be a member of the 1980 United States Olympic Team to the Olympic Games. Directs the Secretary of the Treasury to cause to be struck such medals in bronze with gold plating, and with such emblems as shall be determined by the Secretary in consultation with the United States Olympic Committee. Authorizes the Secretary to strike duplicates and replicas of such medal in bronze for sale to the general public.

Bill· HRH.R. 7319 (96th)referred

A bill to amend the Internal Revenue Code of 1954 to clarify the tax exemption for interest on obligations of volunteer fire departments.

United States · United States Congress · 8 May 1980

Amends the Internal Revenue Code to provide that bonds issued by a volunteer fire department to finance the acquisition, construction, reconstruction, or improvement of firefighting property shall be treated as the obligation of a political subdivision of a State (interest on such bonds is tax-exempt). Provides that a volunteer fire department qualifies for preferential tax treatment of its bonds if it: (1) is organized and operated to provide firefighting services in an area which does not have any other firefighting services; (2) is required by a local government to furnish firefighting services; (3) receives over half of its funding from local government; and (4) makes no charge for its services.

Bill· HRH.R. 7254 (96th)referred

Corrupt Horseracing Practices Act of 1980

United States · United States Congress · 1 May 1980

Corrupt Horseracing Practices Act of 1980 - Prohibits the following conduct with respect to horseracing: (1) the entering of a horse in a race by its owner or trainer who knows or should know that the horse is drugged or numbed; (2) the drugging or numbing of a horse with reason to believe that it will compete in a race; and (3) the willful failure by the operator of a horseracing facility to disqualify or prohibit a horse from racing if such individual has been notified in accordance with this Act that such horse is drugged or numbed, was not available for testing, or has been suspended from racing. Sets forth the penalties for such acts, and provides increased penalties for second offenses, use of a dangerous weapon in committing such offenses, and the interference with duties or the falsification of records required by this Act. Provides for the disqualification of offenders from horseracing activities and the suspension of a drugged or numbed horse from racing, in accordance with specified procedures. Grants the Administrator of the Drug Enforcement Administration certain investigatory and other powers with respect to such offenses. Requires operators of horseracing facilities to comply with recordkeeping requirements established by the Administrator and to furnish testing space and facilities. Directs the Administrator to: (1) exempt from this Act any State which has enacted a comparable program; and (2) submit biennial reports to Congress on matters covered by this Act. Authorizes appropriations through fiscal year 1980 to carry out this Act. Permits the Administrator thereafter to assess fees upon operators of horseracing facilities to meet the costs of this Act. Amends the Federal criminal code to include the offenses of this Act in the existing prohibition against interstate and foreign commerce in aid of racketeering enterprises.