United States · United States Congress · 7 May 1986
Product Liability Reform Act of 1986 - Preempts inconsistent State laws. Declares that the provisions of this Act are inapplicable in certain actions under the Atomic Energy Act of 1954. Bases liability for damages in product liability actions on whether: (1) the design, production, distribution, or sale of the product was negligent; or (2) the product was defective, and such defect rendered the product unreasonably dangerous. Includes among the applicable defenses in such actions proof that: (1) the defect was the subject of an adequate warning; (2) the defect was apparent to a reasonable person, or the subject of common knowledge; (3) the injury resulted from an unreasonable or unforeseeable use or alteration of the product; and (4) at the time the product was made, the ability to discover and eliminate the defect was unavailable. States that joint and several liability may not be applied to any product liability action subject to this Act (unless persons acting in concert were the proximate cause of the injury). Limits the amount of damages for noneconomic losses to $100,000. Requires that damage awards for future economic losses exceeding $100,000 be made by periodic payments. Requires that damage awards be offset by amounts received as compensation for the same injury. Establishes a contingency fee schedule for plaintiffs' attorneys. Directs the Attorney General to provide recommendations regarding the creation, adoption, and use of alternative dispute resolution techniques.
United States · United States Congress · 7 May 1986
Directs the Attorney General to develop a model statute for States to prohibit the establishment and use of freebase houses (places where manufacturing, processing, distributing, purchasing, and using illegal drugs take place). Directs the Attorney General to report such statute to the appropriate committees of the Congress and to State and local law enforcement authorities. Defines "freebasing" as the conversion of cocaine crystals into a smokable base form of the drug.
United States · United States Congress · 6 May 1986
Amends the Immigration and Nationality Act to grant special immigrant status to an alien service member (or veteran), and accompanying spouse and children, who enlisted outside the United States without first being admitted for U.S. permanent residence. Requires at least four years of honorable military service in order to qualify for such status.
United States · United States Congress · 1 May 1986
Allows the Attorney General to accept donations on behalf of the Bureau of Prisons and the Federal Prison Industries, Incorporated. Amends the Walsh-Healey Act to remove the limitation regarding the use of convict labor in the manufacture, production, or furnishing of goods purchased by the Federal Government.
United States · United States Congress · 30 April 1986
Computer Fraud and Abuse Act of 1986 - Amends the Federal criminal code to change the scienter requirement from "knowingly" to "intentionally" for certain offenses regarding accessing the computer files of another. Revises the definition of "financial institution" to which the financial record provisions of computer fraud law apply. Applies such provisions to any financial records (including those of corporations and small businesses), not just those of individuals and certain partnerships. Revises the criminal liability of persons who exceed authorized access to Federal computers. (Makes the basic offense trespass. Removes the coverage of authorized accessors who exceed their authorization, but without "intent to defraud.") Creates new Federal criminal offenses of: (1) property theft by computer occurring as part of a scheme to defraud; (2) altering information in, or preventing the authorized use of, a Federal interest computer; and (3) trafficking in computer access passwords. Eliminates the special conspiracy provisions for computer crimes. (Such conspiracies shall be treated under the general Federal conspiracy statutes.) Amends penalty provisions to remove the cap on fines for certain computer crimes. Exempts authorized law enforcement or intelligence activities.
United States · United States Congress · 30 April 1986
Ballistic Knife Prohibition Act of 1986 - Amends the Federal criminal code to prohibit the possession, manufacture, sale, importation, and mailing of ballistic knives (knives with a detachable blade that is propelled by a spring-operated mechanism).
United States · United States Congress · 29 April 1986
Declares that the House of Representatives: (1) condemns the Soviet Union's failure to provide notification and information about the nuclear accident at Chernobyl; and (2) calls upon the Soviet Union to permit outside nuclear experts to assist with the accident and to allow the international press corps to cover the situation.
United States · United States Congress · 23 April 1986
Amends Federal armed forces provisions to direct the Secretary of the military department concerned to conduct an independent operational test and evaluation with respect to a major defense acquisition program under which a major system is to be acquired. Requires such test and evaluation to be conducted before the program may proceed into the production stage. Requires side-by-side testing as part of such test and evaluation. Requires the Director of Operational Test and Evaluation to independently analyze the results of each such operational test and evaluation, and to report such analyses to the Secretary of Defense. Prohibits the operational testing to be conducted until the Director approves in writing the adequacy of the plans for such operational test and evaluation. Authorizes the Secretary of Defense or the Secretary concerned to contract for low-rate initial production of a program only for the purpose of acquiring items for use in operational tests and evaluations. Prohibits a final decision from being made to proceed with full production of a program until 30 days after the congressional defense committees have received the report of the Director. Authorizes the President to suspend any provision of this Act in time of a declared war.
United States · United States Congress · 23 April 1986
Deficit Reduction Insurance Program - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to include the pay of Members of Congress within the coverage of such Act.
United States · United States Congress · 23 April 1986
Amends the Internal Revenue Code to disallow, while a declaration of national emergency is in effect: (1) a foreign income tax credit for any income, war profits, or excess profits taxes paid or accrued to Libya; (2) a business expense income tax deduction for any such taxes paid to Libya; and (3) the income tax exclusion of earned income of U.S. citizens living abroad for any income attributable to Libya. Describes such a declaration as a declaration by the President of a national emergency under the International Emergency Economic Powers Act after a finding that the policies and actions of Libya constitute an unusual and extraordinary threat to the national security and foreign policy of the United States.
United States · United States Congress · 22 April 1986
Requires the Administrator of Veterans Affairs to contract with non-Veterans Administration (VA) health-care facilities for the furnishing of health care for veterans in areas determined to be substantial growth areas which are geographically inaccessible to present VA facilities. Defines "substantial growth area."
United States · United States Congress · 17 April 1986
Highway Beautification Act of 1986 - Requires States and Federal agencies to control, according to prescribed guidelines, the erection and maintenance of outdoor advertising in rural areas adjacent to the Federal-aid primary and the Interstate systems. Provides that a State shall be deemed as failing to provide effective control of outdoor advertising if the State allows vegetation located on State rights-of-way for Interstate or primary system highways to be altered or removed if the purpose of such alteration is to improve the visibility of certain outdoor advertising. Directs the Secretary of Transportation to provide for rights-of-way areas on the Federal-aid primary and Interstate systems in which informational signs may be erected according to national standards. Sets deadlines for the removal of nonconforming signs. Authorizes the Secretary to approve payments out of certain apportionments for sign acquisition and removal by a State. Repeals, effective September 30, 1988, Federal law enacted prior to this Act regarding outdoor advertising in areas adjacent to the Interstate and primary systems. Provides for the payment of outdoor advertising bonus claims submitted by a State before such effective repeal date.
United States · United States Congress · 17 April 1986
Requires the implementation of a controlled substances testing program for civilian, military, and congressional employees and Members of Congress whose duties involve access to classified information.
United States · United States Congress · 17 April 1986
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to eliminate the requirement that there be at least a three-percent rise in the Consumer Price Index before a cost-of-living adjustment of benefits is made.
United States · United States Congress · 17 April 1986
Declares that the House of Representatives, on behalf of the U.S. people, expresses its gratitude to the Government and people of the United Kingdom who assisted the United States in its exercise of self-defense against Libya and in the fight against state-sponsored international terrorism.
United States · United States Congress · 9 April 1986
Prohibits the issuance of a letter of offer with respect to specified proposed sales of Sidewinder, Stinger, and Harpoon missiles and services to Saudi Arabia, as described in the April 8, 1986, certifications from the President to the Congress under the Arms Export Control Act.
United States · United States Congress · 8 April 1986
Establishes the Insurance Availability Crisis Commission of 1986 to: (1) coordinate the intergovernmental examination of the tort law system and its relationship with insurance availability and cost; (2) bring representatives of industry, government, and consumers together to perform an examination of the issue of insurance availability; (3) make recommendations for reform of the tort system and insurance industry practices; and (4) raise funds to cover the costs of the Commission's activities. Directs the Commission to report its findings and recommendations to the President, the Congress, and the executive officer of each State. Provides for the Commission's termination upon the transmission of such report. Authorizes appropriations.
United States · United States Congress · 19 March 1986
Expresses the sense of the House of Representatives that Federal excise taxes and tariffs when incurred by business in the production of income should remain deductible for Federal income tax purposes.
United States · United States Congress · 17 March 1986
Amends the Foreign Assistance Act of 1961 to prohibit the Overseas Private Investment Corporation from providing financial support for any project to establish or expand production or processing of citrus crops for export.
United States · United States Congress · 13 March 1986
Amends the Federal Aviation Act of 1958 to provide that upon conviction of an air carrier for either failure to file requisite reports, or the falsification of such reports, the criminal penalty shall include a fine in accordance with Federal criminal law, or a maximum term of five years' imprisonment, or both. Provides a maximum civil penalty of $1,000 for safety violations relating to notification of proposed construction of structures which could pose a hazard to air navigation. (Current law provides only for a criminal penalty.) Increases from $1,000 to $10,000 the maximum civil penalty which may be imposed for violation of certain administrative, security, and safety regulations by commercial aircraft operators.
United States · United States Congress · 12 March 1986
Uniformed and Overseas Citizens Absentee Voting Act - Requires States to provide by law for elections for Federal office: (1) absentee registration and absentee voting for uniformed services voters and overseas voters; and (2) the use of alternative write-in absentee ballots by overseas voters. Directs the President to designate the head of an executive department to have primary responsibility for the administrative functions of this Act, including: (1) prescribing an official postcard form containing a voter registration and an absentee ballot application; (2) prescribing an alternative write-in ballot for overseas voters; (3) prescribing forms and designs for balloting materials; (4) distributing election materials; and (5) reporting to the Congress in even-numbered years on its effectiveness. Provides for the distribution of official postcards. Sets forth recommendations to the States in carrying out provisions of this Act. Authorizes the use of the alternative write-in ballots in lieu of absentee ballots under specified circumstances. Directs the Postmaster to expedite the transport of election materials and declares such materials free of postage.
United States · United States Congress · 12 March 1986
Terrorist Prosecution Act of 1985 - Amends the Federal criminal code to make it an offense to commit or attempt to commit murder or manslaughter against any U.S. national abroad, or conspire to do so. (Murder is punishable by capital punishment, a life sentence, or for any term of years and voluntary manslaughter is punishable by imprisonment up to ten years and involuntary manslaughter by imprisonment up to three years and/or a fine up to $1,000.) Makes it an offense to (or to attempt to) assault, wound, strike, imprison, endanger, or make any other violent attack upon the person or liberty of any U.S. national in any foreign country (or make violent attack on his or her business premises, private accommodation or means of transport). Provides for a fine of not more than $5,000 and/or imprisonment for not more than three years. Increases the fine to $10,000 and/or imprisonment to ten years if a deadly or dangerous weapon is used. Makes it an offense to conspire, outside the United States, to murder any U.S. national within the United States. Prohibits an indictment under this Act without the written approval of the Attorney General or his designee.
United States · United States Congress · 11 March 1986
Department of Defense Reorganization Act of 1986 - Title I: Unified and Specified Commands - Amends general military law to direct the President to establish unified and specified combatant commands to perform military missions and to prescribe the force structure of such commands. Authorizes the Secretary of Defense, if a situation warrants it, to establish a special combatant command. Requires the Chairman of the Joint Chiefs of Staff (JCS) to periodically (not less frequently than every other year) review the overall structure of the unified and specified combatant commands and make appropriate recommendations to the President. Directs the President to promptly notify the Congress of any action taken in response to such recommendations. Directs the Secretary of each military department to assign all forces under their jurisdiction (except forces assigned to recruiting, organizing, training, or supplying the armed forces) to unified and specified combatant commands as established under this Act. Outlines provisions concerning the command hierarchy of such assigned forces. Provides that commanders of combatant commands shall be supervised by the Chairman of JCS, and be responsible to the President and the Secretary of Defense for their missions. Makes the Secretary of each military department responsible for the support and administration of forces assigned by that department to combatant commands. Authorizes the commander of a combatant command to request the Secretary of Defense for the transfer to such commander of support or administrative functions. Directs the Secretary of Defense to include in the annual budget of the Department of Defense (DOD) a separate budget proposal for activities of each of the unified and specified combatant commands. Outlines information concerning activities of such combatant commands to be included in such proposals. Requires the commander of each such command to submit to the Chairman of JCS, for review and recommendations, annual program and budget proposals for such commands. Outlines provisions concerning the selection and tenure of combatant command subordinate commanders and staff officers. Establishes in DOD the Joint Commanders Council, consisting of the Chairman of JCS and the commanders of the combatant commands. Directs such council to advise the chairman, the President, and the Secretary of Defense on appropriate matters. Requires the Chairman of JCS to submit to the Secretary of Defense recommendation for the allocation of defense resources under the proposed national defense budget for each fiscal year, and to take certain other specified actions in connection with activities of the unified and specified combatant commands. Directs the Secretary of Defense (the Secretary) to provide for the transfer of staff personnel to the staffs of the commanders of the unified and specified commands in conformity with the reorganization under this Act. Limits the total staff size of the unified and specified commands to a number no greater than the staff size of the military departments before such transfer. Outlines considerations to be included in the initial review of the structure of the unified and specified commands. Title II: Defense Agencies - Directs the Secretary, in appropriate cases, to provide for the performance by one agency or organization of supply or service activities common to more than one military department. Directs the Secretary to periodically (and not less frequently than every two years) review the services and supplies provided by the defense agencies to ensure that such provision is more economical than the provision of such services by the military departments. Specifies various officers and directors whose views are required as part of the Secretary's review. Requires the Chairman of JCS to periodically (and not less frequently than every two years) report to the Secretary concerning the combat support agencies. Outlines information to be included in each report. Directs the Chairman to: (1) provide for the participation of the combat support agencies in joint training exercises; and (2) assess the performance of each agency in such exercise and provide for any necessary changes. Requires the chairman to develop a uniform system for reporting each such agency's readiness to perform in a war or threat to national security. Establishes in each combat support agency a combat support agency policy council. Outlines the composition of such council. Requires such council to: (1) advise the director of that agency on policy matters relating to the operation of that agency; and (2) consider and provide advice as directed by the Secretary of Defense. Requires the director of a combat support agency, upon request, to assign a representative of that agency to the headquarters of a unified or specified combatant commands. Defines "combat support agency." Requires the Secretary of Defense to conduct a study of the functions and organizational structure of the defense agencies. Outlines determinations to be made in such study. Directs the Chairman of JCS and the Secretaries of the military departments to each conduct a study of the functions and organizational structure of the defense agencies. Requires each such study to be submitted to the Secretary of Defense. Outlines matters to be considered in each such study. Directs the Secretary of Defense, within a specified conditional deadline, to report to the Senate and House Armed Services Committees concerning the studies made of the functions and organizational structure of the defense agencies, together with recommendations. Title III: Joint Officer Subspecialty - Directs the Secretary of Defense to establish a secondary occupational specialty for officers in each branch of the armed forces, to be known as the joint subspecialty. Outlines provisions concerning the number, selection, and assignments of officers to joint subspecialties. Directs the Secretary to establish career guidelines for officers in the joint subspecialty. Directs the Secretary to revise the curriculum of schools of the National Defense University in order to enhance the education and training of officers in joint military matters. Requires officers graduating from a joint military school in a joint subspecialty to be assigned to a joint position in that officer's next duty assignment. Prohibits an officer from commanding a unified or specified combatant command unless such officer is in a joint subspecialty. Prohibits an officer from appointment as Chairman of JCS unless the officer has served as the commander of a unified or specified command. Sets forth the promotion policy for joint service officers (including faster promotions). Directs the Secretary to establish procedures for monitoring the careers of officers in the joint subspecialty or other joint officers. Revises provisions concerning the review of promotion lists by the Chairman of JCS to allow the Chairman, in a limited number of instances, to recommend for promotion officers who: (1) have served in joint assignments; and (2) were considered by a review board but not recommended for promotion. Allows the Secretary of the military department concerned to disagree with the Chairman's promotion recommendations. Requires the Secretary concerned to record their disagreement as part of their transmittal to the Secretary of Defense of the selection board's report. Requires the Secretary of Defense to resolve any such disagreements before transmitting the report to the President. Requires previous joint officer assignments for officers promoted to brigadier general or real admiral (lower half). Authorizes the Secretary to waive such prerequisite in appropriate cases. Outlines the length of duty as a joint officer required for promotion to certain grades. Requires the Chairman of JCS to advise the Secretaries of the military departments concerned with respect to duty assignments of officers in the joint subspecialty and other joint officers. Requires the Secretary of Defense to ensure that military schools strengthen the focus on joint military operations in preparing certain level officers for joint duty assignments. Directs the Secretary of Defense to make the initial selection of officers for the joint subspecialty, following certain special rules. Title IV: Military Department Organization - Directs the Secretary of Defense to reorganize the executive part of the military departments, following specified reorganization policies. Defines the executive part of each military department. Outlines the functions of the Assistant Secretaries of a military department as reorganized under this Act. Limits to 30 the size of the personal staff of the Secretary of a military department. Limits the size of the staff of each military department to 85 percent of the size of such staff before the reorganization. Requires the Secretary of Defense to provide that operation and planning responsibilities that are duplicated by the staff of the JCS shall be shifted to that staff. Requires the Secretary, as well as the Secretaries of the military departments, to provide that functions able to be performed by commands outside the Washington, D.C. area shall be reassigned to those commands. Directs the Secretary to complete implementation of this title no later than 180 days after the enactment of this Act, and to report to the Congress on such implementation 30 days after such date.
United States · United States Congress · 6 March 1986
Federal Firearms Law Reform Act of 1986 - Amends the Gun Control Act of 1968 to prohibit the transfer or possession of silencers. Authorizes the Secretary of the Treasury to buy any registered silencer. Permits the interstate sale of rifles and shotguns, provided: (1) the transferee and the transferor meet in person to accomplish the transfer; and (2) the sale, delivery, and receipt comply with the legal conditions of sale in both States. Makes it unlawful for any person to sell or ship any firearm or ammunition to someone who: (1) is under indictment for, or has been convicted of, a felony; (2) is a fugitive from justice; (3) is an unlawful user of or addicted to a controlled substance; (4) has been adjudicated as a mental incompetent or committed to a mental institution; (5) has received a dishonorable discharge from the armed forces; (6) has renounced his U.S. citizenship; or (7) is an illegal alien. Makes it unlawful for such persons to receive, possess, or transfer any firearm or ammunition in interstate or foreign commerce. Permits gun sales at certain gun shows. Prohibits the importation of the barrel of any firearm if the importation of that firearm is prohibited. Revises the criteria reviewed by the Secretary in approving applications for licenses. Grants the Secretary authority to suspend (rather than just revoke) a license. Allows the Secretary to inspect the inventory and records of a licensee to ensure compliance with the recordkeeping requirements of such Act. Modifies the penalty provisions for certain licensee violations. Eliminates the recordkeeping requirements for ammunition sales involving less than 1,000 rounds. Codifies existing regulations requiring reports of multiple firearm sales. Establishes additional mandatory penalties for the use or carrying of firearms or armor-piercing ammunition during certain drug trafficking activities. Imposes additional mandatory penalties for machine gun use in crimes. Limits to felony violations the Government's authority to seize firearms and ammunition. Allows individuals who have violated the Gun Control Act of 1968 or the National Firearms Act to apply for relief from the legal disabilities imposed by such statutes. Authorizes the Secretary of the Treasury to grant such relief. Allows the interstate transport of rifles and shotguns by individuals under certain circumstances. Prohibits the sale, delivery, or transfer of a handgun from a licensed importer, manufacturer, or dealer to an unlicensed individual unless the documentation of the transaction is sent to local law enforcement officers and the Federal Bureau of Investigation.
United States · United States Congress · 6 March 1986
Radio Broadcasting to Nicaragua Act - Requires the U.S. Information Agency (USIA) to provide for radio broadcasts to Nicaragua subject to Voice of America standards. Requires the Director of the USIA to establish within the Voice of America a Nicaragua Service that shall be responsible for such broadcasts.
United States · United States Congress · 6 March 1986
Makes funds available from the contingent fund of the House of Representatives for a voluntary controlled substances testing program for Members and employees of the House of Representatives.
United States · United States Congress · 5 March 1986
Amends the Tariff Act of 1930 to declare that acts of importation into, or sale in, the United States of articles that infringe a valid U.S. patent, copyright, trademark, or maskwork are unfair and have the effect of destroying or substantially injuring a U.S. industry or impairing the establishment of such industry.
United States · United States Congress · 27 February 1986
Long-Term Care Patients' Rights Act of 1986 - Amends title XIX (Medicaid) of the Social Security Act to require States to establish written standards and procedures protecting and enforcing the rights of residents of long-term care facilities. Lists residents' rights encompassing: (1) medical care and treatment rights, including the right to be fully informed of one's condition and treatment, if such knowledge is not medically detrimental, and participate in planning such treatment; (2) the right to privacy during treatment and visits; (3) the right of confidentiality regarding one's personal records and mail; (4) freedom of association, including both the right to organize and to refuse to participate in group activities; (5) medical experimentation rights, requiring residents to give informed, voluntary, and written consent before involvement in such experimentation; (6) freedom from physical and mental abuse, including the right to refuse to work for the facility and the right to retain personal possessions; and (7) the right to manage, and remain informed of, one's personal financial affairs. Prohibits long-term care facilities from denying admission to, transferring, or discharging residents on the basis of the residents' source of payment for services, or medical history or condition (if the facility can adequately care for such condition). Prohibits resident transfers or discharge for nonmedical reasons without the resident's consent and reasonable notice, unless the resident is a threat to others or does not pay charges. Directs each long-term care facility, at specified times, to provide each resident with an oral, written, and understandable explanation of: (1) the resident's rights and responsibilities; (2) facility rules and regulations; and (3) services available in the facility. Requires public notice of such information as well as information concerning State procedures for enforcing residents' rights. Requires States to annually submit a written plan to the Secretary of Health and Human Services concerning State procedures for protecting and enforcing residents' rights. Specifies the State and community organizations responsible for developing the State plans. Requires State plans to provide for: (1) a procedure for the expeditious review and resolution of residents' complaints by each long-term care facility and by the State, when complaints are not satisfactorily resolved by the facility; (2) a process by which residents and facilities may appeal adverse complaint decisions; (3) a State ombudsman with the responsibility to receive, file, and investigate residents' complaints; (4) programs by which facilities educate their staff regarding residents' rights, facility rules and regulations, and complaint review procedures; and (5) a statewide uniform reporting and recording system of all rights violation complaints and their disposition, as well as a system for reporting cases of resident abuse or neglect so that designated State officials can redress such abuse. Provides that the rights and recourses set forth in this Act are nonexclusive. Requires States to prohibit Medicaid providers from discriminating against, or giving preference to, individuals merely because they receive Medicaid assistance. Creates a private right of action whereby Medicaid applicants and recipients may enforce, in Federal district courts, Federal laws and regulations protecting their welfare and rights.
United States · United States Congress · 27 February 1986
Anti-Terrorism Tax Act of 1986 - Amends the Internal Revenue Code to deny the foreign tax credit for taxes paid to any country identified as repeatedly providing support for acts of international terrorism. Requires the Secretary of State to identify foreign countries which repeatedly provide support for acts of international terrorism.
United States · United States Congress · 26 February 1986
Antitrust Remedies Improvements Act of 1986 - (No title I). Title II: Treble Damage Reform - Amends the Clayton Act to reduce the amount recoverable in a private antitrust action from treble to actual damages sustained, except when the damages are sustained by reason of the plaintiff being overcharged or underpaid by the liable party. Requires payment to the prevailing plaintiff in an actual damage case, or a treble damage case under specified circumstances, of interest on actual damages for the period beginning on the date of injury and ending on the date of judgment (prejudgment interest). Entitles the United States to recover treble damages when it is injured by being overcharged or underpaid by an antitrust violation. Provides for the payment of prejudgment interest on the actual damages recovered by the United States in an antitrust action. Provides for the payment of prejudgment interest on the total damage recovered in antitrust actions commenced by State attorneys general. Title III: Defendants' Attorneys' Fees - Amends the Clayton Act to direct the court to award the cost of suit, including a reasonable attorney's fee, to a substantially prevailing defendant in a private antitrust action or a private action for injunctive relief against an antitrust violation if the court finds that the plaintiff's conduct was frivolous, unreasonable, without foundation, or in bad faith. Title IV: Claim Reduction - Amends the Clayton Act to direct the court in an antitrust action to reduce the claim of any claimant who releases any person from liability by the greatest of: (1) a stipulated amount; (2) the consideration paid for release; or (3) the actual damages fairly allocable to the released person and interest thereon. Requires damages to be allocated on the basis of: (1) each competitor's proportionate share of the total competitors' overcharges or underpayments where the claim is based upon damages substained by reason of overcharges or underpayments resulting from a contract, combination, or conspiracy among competitors; or (2) each party's relative responsibility for the origination or perpetration of the antitrust violation, whichever method the court determines to be more equitable. Title V: Effective Date - Applies this Act to actions commenced after its enactment.
United States · United States Congress · 26 February 1986
Interlocking Directorate Act of 1986 - Amends the Clayton Act to prohibit any person from serving as a director in two or more corporations if each (currently, any) of such corporations has capital, surplus, and undivided profits aggregating more than $10,000,000 (currently, $1,000,000). Establishes exceptions to such interlocking directorate prohibition where the sales of each corporation of each product or service sold in competition with the other corporations: (1) are less than five percent of such corporation's total sales, unless such corporation's sales of all such products or services exceed 25 percent of its total sales; (2) added to such corporation's sales of all other such products or services are less than $1,000,000; or (3) are less than three percent of the total sales in each line of commerce in each section of the country in which such corporations compete. Increases the $10,000,000 and $1,000,000 threshold amounts by the percentage increase in the gross national product for the preceding fiscal year.
![Official portrait of Rep. Shaw, E. Clay, Jr. [R-FL-22]](https://www.congress.gov/img/member/s000303_200.jpg)