United States · United States Congress · 6 May 1993
Authorizes the President to present to Red Skelton, on behalf of the Congress, a gold medal in recognition of his performance as an entertainer and humanitarian. Authorizes the Secretary of the Treasury to strike a gold medal with suitable emblems and to strike and sell bronze duplicates of it. Declares such medals national medals. Authorizes appropriations.
United States · United States Congress · 6 May 1993
Public Pension Equity Restoration Act of 1993 - Amends the Internal Revenue Code to allow deferred compensation to be included in governmental retirement plans. Removes the special rule for governmental plans which limits benefits to 100 percent of the average compensation for the highest three years. Removes excess benefit arrangements and survivor and disability benefits from limitations on governmental plans. Provides a mechanism to pay benefits above limitations to certain employees.
United States · United States Congress · 5 May 1993
Provides that the effective date for discontinuance of veterans' disability compensation and veterans' pension paid by the Secretary of Veterans Affairs shall be the date on which the recipient dies (currently the last day of the month preceding death) in the case of a veteran with a surviving spouse. Requires payments of such compensation to be made to the surviving spouse. Provides that the effective date for the award of dependency and indemnity compensation for which application is received within one year from the date of the veteran's death shall be the day following the date of death in the case of a surviving spouse.
United States · United States Congress · 28 April 1993
Fairness in Product Liability Act of 1993 - Declares that this Act governs any product liability action brought in any State or Federal court against a manufacturer or product seller for harm caused by a product, but supersedes State law only to the extent that State law applies to an issue covered by this Act. Lists specific laws not superseded, including provisions regarding vaccine injury. Makes a product seller liable to a claimant for harm only if the claimant establishes that: (1) the product which allegedly caused the harm complained of was sold by the product seller who failed to exercise reasonable care with respect to the product and such failure was a proximate cause of the claimant's harm; (2) the product seller made an express warranty applicable to the product which allegedly caused the harm complained of, the product failed to conform to the warranty, and such failure caused the claimant's harm; or (3) the seller engaged in international wrongdoing which was a proximate cause of the harm complained of by the claimant. Makes it a complete defense to a product liability action that the claimant was intoxicated or was under the influence of intoxicating alcohol or any drug and, as a result of such intoxication or influence, was more than 50 percent responsible for causing the accident or event which resulted in such claimant's harm. Directs that the damages for which a manufacturer or product seller is otherwise liable under State law be reduced by the percentage of responsibility for the claimant's harm attributable to misuse or alteration of a product if such percentage was proximately caused by a use or alteration of a product: (1) in violation of, or contrary to, the manufacturer's or product seller's express warnings or instructions if the warnings or instructions are adequate under State law; or (2) involving a risk of harm which was, or should have been, known by the ordinary person who uses the product, with an exception for workplace injuries. Sets forth provisions regarding: (1) limitations on punitive damages; (2) several liability for noneconomic damages; (3) statutes of limitation; (4) workers' compensation offsets; and (5) lack of Federal jurisdiction over civil actions arising under this Act.
United States · United States Congress · 28 April 1993
Gulf of Mexico Economic and Environmental Protection Act of 1993 - Authorizes an interagency program for the preservation and protection of the economic and environmental resources of the Gulf of Mexico, to be known as the Gulf of Mexico Program. Designates the Environmental Protection Agency (EPA) as the lead agency of the Program. Establishes a Gulf of Mexico Program Office within EPA, to be located in a Gulf State. Requires the President to establish a Gulf of Mexico Executive Board. Directs the Board to establish a Gulf Citizens Advisory Committee. Directs the Board to: (1) develop a preliminary comprehensive joint plan for the Gulf to recommend a mechanism for balancing priority actions to address Gulf economic and environmental problems; and (2) report to the Congress on the impact of environmental quality on the economic viability of the Gulf. Directs the EPA Administrator to develop a final plan similar to the preliminary plan. Requires Federal agencies represented on the Board and appropriate non-federal and private entities to carry out the plan. Authorizes appropriations.
United States · United States Congress · 28 April 1993
Social Security Notch Adjustment Act of 1993 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish a new alternative formula for computing the primary insurance amount (used in calculating the amount of OASDI benefits to which an individual is entitled) of workers born after 1916 and before 1927.
United States · United States Congress · 27 April 1993
TABLE OF CONTENTS: Title I: Establishment of the Social Security Administration as an Independent Agency Title II: Conforming Amendments and Rules of Construction Social Security Integrity Act of 1993 - Title I: Establishment of the Social Security Administration as an Independent Agency - Amends title VII (Administration) of the Social Security Act (SSA) to establish as an independent executive agency the Social Security Administration, headed by an Administrator, to administer the Old Age, Survivors and Disability Insurance program and the Supplemental Security Income program under SSA titles II and XVI. Transfers to the Administrator all functions carried out by the Secretary of Health and Human Services pertaining to such programs. Title II: Conforming Amendments and Rules of Construction - Makes conforming amendments to SSA titles II and XVI. Requires the Secretary to study and make recommendations on the most effective methods of providing economic security and on the administrative policy for the programs. Sets forth rules of construction.
United States · United States Congress · 22 April 1993
Housing for Older Persons Act of 1993 - Amends the Fair Housing Act to revise the definition of housing for elder persons (thus modifying the exemption from certain familial status discrimination prohibitions). Makes a good faith attempt at compliance a defense against civil money damages.
United States · United States Congress · 21 April 1993
Amends the Internal Revenue Code to provide for the treatment of an Indian tribal government as a tax-exempt organization for purposes of provisions relating to the taxability of a beneficiary under an annuity purchased by a tax-exempt organization.
United States · United States Congress · 7 April 1993
Dietary Supplement Health and Education Act of 1993 - Amends the Federal Food, Drug, and Cosmetic Act to: (1) define the term "dietary supplement"; and (2) exclude a dietary supplement from the definition of "food additive." Deems a dietary supplement adulterated if it: (1) contains an unsafe dietary ingredient which presents a substantial and unreasonable risk of illness or injury; or (2) contains a dietary ingredient that has not been adequately substantiated for safety. Prohibits the establishment of maximum limits on the potency of any dietary supplement, except in the case of a supplement represented to be for the use of individuals with specific diseases or disorders. Allows a dietary supplement's label to characterize the relationship between the supplement and a disease under specified conditions. Deems food misbranded unless the label lists the daily value of specified nutrients which shall reflect the daily intake of each nutrient that will promote optimal health. Prohibits such value from being less than the U.S. Recommended Daily Allowance. Establishes an Office of Dietary Supplements within the National Institutes of Health.
United States · United States Congress · 7 April 1993
SSI Disability Reform Act of 1993 - Amends title XVI (Supplemental Security Income) (SSI) of the Social Security Act (SSA) to: (1) allow government agencies to serve as paid representative payees; (2) set the maximum fee payable to representative payees at ten percent of the monthly benefit involved; and (3) revise the provision of SSI benefits to the disabled based on substance abuse. Amends SSA title XIX (Medicaid) to provide for mandatory Medicaid coverage of approved substance abuse treatment programs for certain disabled SSI beneficiaries.
United States · United States Congress · 5 April 1993
Women in Military Service for America Memorial Commemorative Coin Act - Directs the Secretary of the Treasury to issue five-dollar gold coins and one-dollar silver coins symbolic of women's service in the armed forces.
United States · United States Congress · 1 April 1993
1994 Vietnam Veterans Memorial Commemorative Coin Act - Directs the Secretary of the Treasury to issue one-dollar silver coins emblematic of the Vietnam Veterans Memorial. Mandates that surcharges from the sale of such coins be paid to the Vietnam Veterans Memorial Fund to help raise an endowment to be a permanent source of support for the Memorial.
United States · United States Congress · 1 April 1993
Fairness to Condominium and Cooperative Owners Amendment of 1993 - Amends Federal bankruptcy law to preclude an individual debtor from being discharged from any debt for condominium or cooperative membership association fees if such fee is payable after the petition for relief in bankruptcy has been granted for any period during which the debtor occupied the dwelling unit.
United States · United States Congress · 31 March 1993
Save Florida Bay Act of 1993 - Requires the Chairman of the Council on Environmental Quality to establish and coordinate an interagency committee to develop a program for facilitating the restoration of Florida Bay and to define the roles and responsibilities of each agency in facilitating that restoration. Declares that it is the sense of the Congress that the Chairman should include Florida Bay in the Coastal America program. Amends the Federal Water Pollution Control Act to add Florida Bay, Florida, to the list of areas mandated for priority consideration as an estuary of national significance. Mandates a study of Florida Bay problems, including those resulting from Hurricane Andrew. Authorizes appropriations.
United States · United States Congress · 30 March 1993
Amends the Federal Aviation Act of 1958 to prohibit the Administrator of the Federal Aviation Administration from refusing to issue or renew an airman's certificate, or requiring an air carrier to terminate the employment of an airman, solely by reason of the airman's age if such person is under the age of 65.
United States · United States Congress · 25 March 1993
Expresses the sense of the Congress that the energy excise tax proposed by the President will seriously harm middle income citizens, rural residents, and the economy and should not be approved.
United States · United States Congress · 24 March 1993
Sets forth certain restrictions with respect to the enclosure space and diet in the the raising of calves for veal. Subjects violators to specified civil and criminal remedies. Authorizes inspections by the Secretary of Agriculture or any designated representative.
United States · United States Congress · 23 March 1993
Calls upon: (1) the Government of Romania to allow the approximately 190 children and youths at the Romanian Institution for the Unsalvageables at Sighetu Marmatiei to come to the United States for humanitarian assistance, including proper medical attention and treatment; and (2) the Secretary of State to grant these persons expedited entry into the United States.
United States · United States Congress · 18 March 1993
Amends the Internal Revenue Code with respect to the offset for rental real estate activities under passive activity rules to increase the rehabilitation credit under such rules.
United States · United States Congress · 18 March 1993
Animal Medicinal Drug Use Clarification Act of 1993 - Amends the Federal Food, Drug, and Cosmetic Act to permit the extra-label use of drugs in animals if such use is upon the order of licensed veterinarian, is in compliance with appropriate regulations, and is in the context of a veterinarian-client-patient relationship. Prohibits such use if it results in unacceptable residues of a drug in food.
United States · United States Congress · 17 March 1993
Authorizes a pilot program to establish and maintain a junior reserve officers training program, in cooperation with Miami Beach Senior High School, Miami Beach, Florida, to provide students at the School with: (1) instruction in subject areas relating to Coast Guard operations; and (2) training in skills which are useful and appropriate for a career in the Coast Guard.
United States · United States Congress · 16 March 1993
Exclusion and Asylum Reform Amendments of 1993 - Amends the Immigration and Nationality Act to create grounds for exclusion of an alien who: (1) uses or attempts to use a fraudulent document to enter the United States, or to board a common carrier for such purpose; or (2) uses a document to board a common carrier and then fails to present such document to an immigration official upon arrival at a U.S. port of entry. Prohibits the granting of asylum to an alien who is found to be using fraudulent entry documents or who fails to present entry-related documents, unless a specially trained immigration officer determines such actions were pursuant to departure from a country in which: (1) the alien had a credible fear of persecution; or (2) there was a significant danger that the alien would be returned to a country in which he or she would have a credible fear of persecution. Provides for port of entry exclusion and deportation without administrative or judicial appeal (except by a limited petition of habeas corpus) for such admission document fraud. Increases penalties for certain alien smuggling offenses.
United States · United States Congress · 11 March 1993
United States One Dollar Coin Act of 1993 - Amends Federal currency law to prescribe the color and content of one-dollar coins. Mandates that the reverse side of the one-dollar coin have a design recognizing America's veterans. Directs the Secretary of the Treasury to cease regular production of one-dollar Federal Reserve notes by a specified date (except for such quantities as are required to meet collectors' needs).
United States · United States Congress · 11 March 1993
Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to raise the threshold amount at which remuneration for election personnel becomes subject to social security employment taxes.
United States · United States Congress · 10 March 1993
TABLE OF CONTENTS: Title I: Legislative Reform Title II: Federal Intergovernmental Relations Fiscal Accountability and Intergovernmental Reform Act (FAIR Act) - Title I: Legislative Reform - Provides that, with certain exceptions, whenever a committee of either House reports a bill or resolution of a public character to its House mandating unfunded requirements upon State or local governments or the private sector, the report accompanying that bill or resolution shall analyze the effect of the new requirements on: (1) State and local government expenditures necessary to comply with Federal mandates; (2) private businesses; and (3) economic growth and competitiveness. Title II: Federal Intergovernmental Relations - Requires, to the fullest extent practicable, that: (1) the policies, regulations, and public laws of the United States be interpreted and administered in accordance with this Act; (2) all Federal agencies, consistent with attainment of the requirements of Federal law, minimize the adverse effects of rules affecting the economy; and (3) Federal agencies take certain actions in promulgating new rules, reviewing existing rules, developing legislative proposals, or initiating any other major Federal action affecting the economy whenever an agency identifies two or more alternatives which will satisfy the agency's statutory obligations. Provides that, whenever an agency publishes a general notice of proposed rulemaking, promulgates a final rule, or before initiating or implementing any other major Federal action affecting the economy, the agency shall prepare and make available for public comment an Intergovernmental and Economic Impact Assessment. Specifies the contents of such an assessment.
United States · United States Congress · 10 March 1993
TABLE OF CONTENTS: Title I: Participation by States in Adoption of Hazard Reduction of Measures Title II: National Hurricane Insurance Program Title III: National Hurricane Excess Loss Reinsurance Hurricane Hazard Reduction Act - Title I: Participation by States in Adoption of Hazard Reduction Measures - (Secs. 101 and 102) Directs the Director of the Federal Emergency Management Agency (the Director) to: (1) identify and publish in the Federal Register those States and areas exposed to significant hurricane hazards; (2) develop comprehensive loss-reduction criteria and accompanying regulations for State and local land use ordinances and building codes; and (3) provide technical assistance to governmental entities to implement such loss-reduction measures. (Sec. 103) Establishes the Hurricane Loss Mitigation Advisory Committee (the Committee) to review the loss reduction criteria and advise the Director accordingly. (Sec. 104) Mandates that: (1) a percentage of hurricane insurance premiums collected under the Primary Insurance Program (established by this Act) be deposited annually in a separate Self-Sustaining Mitigation Fund (the Fund); (2) the Fund be used to support designated hurricane hazard reduction activities; and (3) the Director provide assistance to a hurricane education program. (Sec. 106) Prohibits making any federally related mortgage loan secured by residential property located in a hurricane zone unless the property securing the loan has hurricane insurance. (Sec. 107) Requires Federal regulatory agencies to prohibit the lending institutions under their purview from participating in federally related mortgage loans secured by improved real estate or a mobile home located in a hurricane-prone State if neither the State nor the property is in compliance with this Act. Title II: National Hurricane Insurance Program - (Secs. 201-203) Requires the Director to: (1) establish a national hurricane insurance program for residential properties and additional properties if so indicated by further studies); and (2) establish insurability criteria for residential property. (Secs. 204 and 205) Authorizes the Director to prescribe actuarial premium rates for residential property insurance coverage. Directs the Director, based upon such rates, to prescribe chargeable premium rates for hurricane coverage. (Sec. 207) Establishes the Hurricane Insurance and Reinsurance Advisory Committee to: (1) review the Director's draft plan of operation for the national hurricane insurance program; and (2) submit to the Director and the Congress biannual evaluations of the Primary Insurance Program and the Reinsurance Program established by this Act. (Sec. 208) Establishes the Residential Property Insurance Fund to implement the Primary Insurance Program and to reimburse private insurers providing hurricane coverage. (Sec. 209) Authorizes the Director to borrow from the Treasury if the Insurance Fund cannot pay claims and expenses. Title III: National Hurricane Excess Loss Reinsurance Program - (Secs. 301-303) Requires the Director to: (1) establish a national hurricane excess loss insurance program to provide reinsurance coverage to private insurers and reinsurers for hurricane-related losses that would otherwise be ineligible for coverage under this Act; (2) provide excess loss reinsurance coverage for designated lines of insurance; and (3) establish rates for excess loss reinsurance coverage. (Sec. 305) Establishes the Reinsurance Fund to implement the Reinsurance program. Authorizes the Director to borrow from the Treasury if the Fund cannot pay claims and expenses.
United States · United States Congress · 10 March 1993
Establishes the Joint Committee on Intelligence. Declares that such Committee has exclusive legislative jurisdiction with respect to any intelligence activity of the Federal Government and authorizations of appropriations for specified intelligence agencies and intelligence-related activities. Directs the Joint Committee to review and study on a continuing basis any intelligence activity conducted by any Federal agency or department. Prohibits any Member of Congress or committee from disclosing information received from the Joint Committee except in a closed session of the House of Representatives or the Senate. Requires a Federal agency or department which conducts any intelligence activity to keep the Joint Committee fully and currently informed and, if requested, to furnish any periodic reports relating to such activities. Directs the Joint Committee to: (1) classify its information and records according to standards used generally by the executive branch; and (2) establish guidelines under which such information and records may be maintained, used by the Joint Committee's staff, and made available to any Member of Congress. Authorizes public disclosure of information possessed by the Joint Committee if it is determined that such disclosure would serve the public interest. Sets forth procedures relating to public disclosure of classified security information received from the executive branch. Directs the Joint Committee to prevent the unauthorized disclosure of information in its possession. Repeals rule XLVIII of the Rules of the House of Representatives relating to the establishment of the Permanent Select Committee on Intelligence.
United States · United States Congress · 4 March 1993
Social Security Domestic Employment Tax Act of 1993 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and the Internal Revenue Code to raise the threshold amount at which cash remuneration for domestic services becomes subject to social security employment taxes. Provides for annual: (1) adjustments in such threshold amount; and (2) payment of domestic service employment taxes, with certain exceptions. Grants the Secretary of the Treasury authority to enter into agreements to collect State unemployment taxes on such remuneration.
United States · United States Congress · 4 March 1993
Directs the Secretary of the Treasury to establish a 180-day amnesty period for the payment of unpaid domestic service employment taxes for years prior to 1993. Makes any person making such payment during that period immune from interest or penalties for nonpayment of such taxes or failure to timely file returns with respect to such taxes. Makes such provisions inapplicable where the employer was liable for taxes with respect to remuneration paid for services other than domestic service in a private home of the employer. Makes the preceding provisions applicable with respect to the payment of unpaid taxes only if such payment is accompanied by a written return containing specified information. Provides for the transmission of such information from the Secretary of the Treasury to the Secretary of Health and Human Services for purposes of crediting wages under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act.
United States · United States Congress · 4 March 1993
TABLE OF CONTENTS: Title I: Terrorism Death Penalty Act of 1993 Title II: Terrorist Alien Removal Title III: Counterintelligence Access to Telephone Toll and Transactional Records Protection Against Terrorism Act of 1993 - Title I: Terrorism Death Penalty Act of 1993 - Amends the Federal criminal code to authorize the imposition of the death penalty upon any individual who kills a person while inside the United States, or kills a U.S. national while such national is outside the United States, if the killing is a first degree murder. Makes penalties with respect to homicide, attempt or conspiracy to commit homicide, and engaging in physical violence with the intent or result of causing serious bodily harm applicable to persons inside the United States or U.S. nationals while outside the United States. (Current law only applies where such person was a U.S. national.) Increases penalties for: (1) killings other than first degree murders; and (2) attempted murder and for engaging in physical violence with the intent or result of causing serious bodily harm. Title II: Terrorist Alien Removal - Terrorist Alien Removal Act of 1991 - Amends the Immigration and Nationality Act to make terrorist activity (as defined by this Act) grounds for deportation. Establishes removal procedures for alien terrorists, including a special removal hearing. Includes as excludable aliens those with respect to whom an appropriate consular officer or the Attorney General knows or has reasonable ground to believe are engaging in, have engaged in, or probably would, after entry, engage in terrorist activity. Grants exclusive jurisdiction to the U.S. Court of Appeals for the Federal Circuit to review excludability orders. Provides for a ten-year prison sentence, to run concurrently with any other sentence, and a fine, for entering (or attempting to enter) the United States subsequent to exclusion or removal. Title III: Counterintelligence Access to Telephone Toll and Transactional Records - Authorizes the Director of the Federal Bureau of Investigation to obtain (after submitting a written request) from a wire or electronic communications service provider subscriber information regarding a person or entity which is relevant to an authorized foreign counterintelligence investigation.
United States · United States Congress · 2 March 1993
Amends the Federal Food, Drug, and Cosmetic Act to permit the extra-label use of drugs in animals if such use is upon the order of a licensed veterinarian, is in compliance with appropriate regulations, and is in the context of a veterinarian-client-patient relationship. Prohibits such use if it results in unacceptable residues of a drug in food.
United States · United States Congress · 25 February 1993
Amends the Internal Revenue Code to allow a tax credit for the portion of employer social security taxes paid with respect to employee cash tips. Makes such credit part of the general business credit.
United States · United States Congress · 24 February 1993
Makes additional appropriations to the Secretary of Health and Human Services for peer review activities and activities to reduce waste and fraud under the Medicare program under title XVIII of the Social Security Act.
United States · United States Congress · 23 February 1993
Amends Federal law to exclude the Civil Service Retirement and Disability Fund from the Federal budget, the congressional budget, and the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
United States · United States Congress · 18 February 1993
Minor Crop Pesticides Act of 1993 - Amends the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) to define "minor use" as the use of a pesticide on an animal or a commercial agricultural crop or site or for the protection of public health where: (1) the use does not provide sufficient economic incentive to support registration; and (2) the Administrator of the Environmental Protection Agency (EPA) has not determined that the use presents an unreasonable adverse environmental effect. Prohibits data that relates solely to a minor use, without the permission of the original data submitter, from being considered by the Administrator to support a minor use application by another person for ten years following the submission of the data. Requires the Administrator, upon the request of a registrant, to extend the deadline for the production of residue chemistry data required solely to support a minor use pesticide up to two years subject to specified conditions. Applies the same extension conditions to data for reregistrations. Permits the Administrator, in handling the registration of a pesticide for a minor use, to waive applicable data requirements if such use does not have an adverse environmental effect. Provides for expedited review (within six months of submission) of applications to support minor use pesticide registrations. Requires the Administrator to conditionally amend a registration to permit additional minor uses even if data is insufficient if the applicant has submitted satisfactory data pertaining to the proposed minor use and amending such registration would not increase environmental risks. Authorizes the Administrator to conditionally register or amend the registration of a pesticide for a minor use if: (1) the active ingredient is being supported for reregistration; (2) the minor use was a registered use of a product that has been canceled, proposed for cancellation, or deleted as a use after December 24, 1988; and (3) the use requires only residue chemistry data for reregistration. Outlines additional requirements for conditional registrations. Directs EPA to assure coordination of minor use issues through the establishment of a minor use program. Establishes and authorizes funding for a Department of Agriculture minor use matching fund program. Requires the program to be utilized to ensure the continued availability of minor use crop protection chemicals. Authorizes appropriations.
United States · United States Congress · 18 February 1993
TABLE OF CONTENTS: Title I: Regulatory Impact on Credit Availability Subtitle A: General Provisions Subtitle B: Impact of Accounting and Capital Issues on Credit Availability Subtitle C: Disincentives to Risk-Taking Subtitle D: Miscellaneous Credit Availability Provisions Title II: Regulatory Micromanagement Title III: Unnecessary Cost, Paperwork and Regulation Subtitle A: General Provisions Subtitle B: Holding Company Efficiencies Title IV: Consumer Inconvenience, Paperwork, and Cost; Other Non-Supervisory Reforms Subtitle A: Consumer Benefits and Lending Process Improvements Subtitle B: Other Non-Supervisory Reforms Title V: Community Investment Economic Growth and Financial Institutions Regulatory Paperwork Reduction Act of 1993 - Title I: Regulatory Impact on Credit Availability - Subtitle A: General Provisions - (Sec. 101) Amends the Federal Deposit Insurance Act (FDIA) to direct the appropriate Federal banking agencies to minimize the negative impact upon credit availability for small business, residential, and agricultural purposes and on low-and moderate-income communities when prescribing real estate lending standards. (Sec. 102) Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to direct the Appraisal Subcommittee to encourage the States to develop reciprocity agreements among themselves so as to readily authorize licensed appraisers in good standing to perform appraisals in sister States. Subtitle B: Impact of Accounting and Capital Issues on Credit Availability - (Secs. 111-113) Amends the FDIA to amend the regulatory scheme with respect to: (1) audits of insured depository institutions; (2) recourse agreements; and (3) market value accounting. (Sec. 114) Requires the Department of the Treasury to report to certain congressional committees on the effect on the national economy resulting from implementation of risk based capital standards (including the Basle international capital standards). Subtitle C: Disincentives to Risk Taking - (Sec. 121) Amends the FDIA and the Federal Credit Union Act with respect to the due process protections accorded the attachment of assets, and the statutory authority to require a depository institution to prohibit a person from alienating property under certain circumstances. Subtitle D: Miscellaneous Credit Availability Provisions - (Sec. 131) Mandates the establishment of a regulatory appeals process within each appropriate Federal banking agency and the National Credit Union Administration. (Secs. 132 and 133) Amends the Federal Reserve Act to modify the aggregate limits on insider lending for specified small banks. Mandates that certain agencies study and report to the Congress on the advisability and budgetary impact of requiring insured depository institutions to maintain sterile reserves. (Sec. 134) Amends the FDIA to prescribe guidelines under which the Federal Deposit Insurance Corporation (FDIC) may, with respect to an undercapitalized insured depository institution, waive its right to repudiate an agreement to sell credit card accounts receivable. (Sec. 135) Amends the Federal Home Loan Bank Act to permit FHLBA banks to: (1) make secured advances upon obtaining a security interest in certain nonresidential real estate-related collateral; and (2) invest surplus funds to purchase participation interests in residential construction loans originated by member institutions. Title II: Regulatory Micromanagement - (Secs. 201-204) Amends the FDIA to modify the regulatory scheme with respect to: (1) safety and soundness standards; (2) paperwork reduction; (3) rules on deposit taking; and (4) a transition period for new regulations. Title III: Unnecessary Cost, Paperwork and Regulation -Subtitle A: General Provisions - (Secs. 301-303) Amends the FDIA with respect to: (1) bank examinations; (2) coordination of State and Federal examinations; and (3) the use of accounting principles. (Secs. 304-306) Prescribes guidelines for the reduction of call report requirements and capital compliance requirements. Excludes automated teller machines and specified bank branches from FDIA branch closure notice requirements. (Sec. 307) Amends Federal law regarding monetary instruments transactions to direct the Secretary of the Treasury to annually: (1) review all regulations pertaining to monetary instruments transaction requirements, seeking public comment; and (2) publish all written rulings interpreting such law, as well as staff commentaries. (Sec. 309) Amends the FRA and the FDIA to cite conditions under which accounts of U.S. banks are shielded from liability to repay] deposits made at foreign branches. Subtitle B: Holding Company Efficiencies - (Secs. 321-325) Amends the Bank Holding Company Act of 1956 to modify the procedures under which bank holding companies: (1) are formed; and (2) acquire interests in nonbanking activities. Reduces the post-approval waiting period for bank holding company acquisition and bank mergers. Title IV: Consumer Inconvenience, Paperwork, and Cost; Other Non-Supervisory Reforms - Subtitle A: Consumer Benefits and Lending Process Improvements - (Sec. 401) Mandates a Federal Reserve study and report to the Congress on ways to streamline the credit-granting process. (Secs. 402-403) Amends the Truth in Lending Act regarding: (1) certain exemptions from credit cost disclosure requirements; (2) modification of waiver of the debtor's rescission rights; and (3) alternative disclosures for adjustable rate mortgages. (Sec. 405) Amends the Truth in Savings Act to exempt business accounts from its purview. Subtitle B: Other Non-Supervisory Reforms - (Secs. 411-413) Amends the Expedited Funds Availability Act regarding: (1) the availability of Treasury checks and local checks; (2) new accounts; and (3) the allocation of risks of loss and liability to the States and political subdivisions. (Secs. 414 and 421) Amends the Electronic Fund Transfer and the Truth in Lending Act to increase the consumer liability limit in specified circumstances of unauthorized electronic fund transfers and unauthorized use of credit cards where the cardholder has substantially contributed to the unauthorized transfer or use. (Sec. 432) Amends the Housing and Urban Development Act of 1968 to reduce the homeownership debt counseling notification requirement to no more than once per year. (Sec. 433) Prohibits a Federal banking agency from imposing data collection requirements upon an institution under its jurisdiction other than the information required under the Home Mortgage Disclosure Act of 1975. (Secs. 441 and 442) Amends the Real Estate Settlement Procedures Act of 1974 to: (1) modify the disclosure guidelines for the servicing of mortgage loans; and (2) exempt certain credit transactions from its purview. Title V: Community Investment - (Sec. 501) Amends the Community Reinvestment Act of 1977 (the Act) with respect to: (1) minimizing the regulatory paperwork costs and burdens associated with compliance; (2) conditions under which an application for a deposit facility shall not be denied on the basis of compliance; (3) granting credit to a financial institution for making investments and loans to either minority and women's depository institutions, or to entities providing benefits to distressed communities; (4) assessments of special purpose banks; and (5) the acceptability of State examinations in lieu of Federal examinations.
United States · United States Congress · 17 February 1993
Medicare Dependent Hospital Relief Act of 1993 - Amends title XVIII (Medicare) of the Social Security Act to: (1) extend the period during which Medicare-dependent, small rural hospitals receive additional payments under Medicare for the operating costs of inpatient hospital services; (2) revise the criteria for determining whether hospitals are eligible for such additional payments; and (3) provide for additional payments under Medicare to other Medicare-dependent hospitals.