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United States · Official source
1,966 records where Rep. St Germain, Fernand J. [D-RI-1] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 3 January 1983
Establishes in the House of Representatives the Select Committee on Children, Youth, and Families to conduct a comprehensive study and review of the problems of children, youth, and families.
United States · United States Congress · 7 December 1982
Amends the Tax Equity and Fiscal Responsibility Act of 1982 to repeal provisions which require the withholding of tax on interest and dividends.
United States · United States Congress · 6 December 1982
Temporary Natural Gas Market Correction Act of 1982 - Declares that any contract for the first sale of natural gas shall be deemed to include a volume adjustment option with respect to any natural gas the first sale delivery of which could occur pursuant to such contract at any time after the effective date of this Act and before November 1, 1983. Defines "volume adjustment option" as a contract provision under which the purchaser may elect to refuse to take delivery under such contract of any volume of natural gas without incurring an obligation to pay any fee or charge with respect to the natural gas not delivered pursuant to such election. Provides, subject to certain exceptions, that the purchase by any natural gas pipeline company of any natural gas which is delivered on any day after the effective date of this Act and before November 1, 1983, at an excessive price, shall be considered as fraud, abuse, or as similar grounds for purposes of the Federal Energy Regulatory Commission (FERC) review of cost passthroughs. Considers the price of natural gas delivered to any natural gas pipeline company on any day excessive if that price exceeds the price of any other natural gas not delivered to such pipeline company on that day, but which could have been acquired by such pipeline company for delivery on that day under any contract to which the pipeline is a party. Requires every natural gas pipeline company to file monthly with FERC: (1) a statement concerning the volume adjustment clause, as well as steps it has taken to achieve the lowest possible weighted average acquisition cost of natural gas; and (2) a modification of the costs to be recovered by the pipeline under a purchased gas adjustment clause (as defined in the Natural Gas Act), if the weighted average acquisition cost of natural gas by the pipeline is lower because of the volume adjustment option or because of other steps taken by the pipeline.
United States · United States Congress · 30 November 1982
Temporary Emergency Shelter Demonstration Program Act of 1982 - Directs the Secretary of Housing and Urban Development to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing. Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing. Directs the Secretary to report to Congress on such program and to use a specified amount of the funds appropriated for additional authority for annual contributions for lower income housing projects during FY 1983 to carry out this Act.
United States · United States Congress · 1 October 1982
Federal Employees Health Benefits Reform Act of 1982 - Increases the amount of the Government's contribution for an employee enrolled in a employee health benefits plan from 60 to 75 percent of the average subscription charge for such plan. Increases the maximum Government contribution for an enrollee from 75 to 100 percent of such subscription charge. Requires payment of a Government differential equal to five percent of the average subscription charge, in addition to the Government's contribution, for any enrollee who is over 65 years of age and not entitled to medicare benefits. Excludes such differential in determining the amount to be paid by the enrollee. Permits the following persons to elect to continue coverage under a Federal employees' health benefits plan for a specified period: (1) an employee who is involuntarily separated from the civil service due to a reduction in force; (2) the spouse of an enrollee whose marriage is dissolved by divorce or annulment, if the enrollee was enrolled for self and family; (3) an individual who elects to receive the lump-sum credit for civil service retirement benefits; and (4) an individual 22 years of age or older whose enrollment was based on such individual's being an unmarried child who was incapable of self-support because of a mental or physical disability which existed and did not terminate before the individual attained the age of 22. Requires such persons who elect to continue coverage to pay into the Employees Health Benefits Fund an amount equal to the sum of employee and agency contributions paid for the same level of benefits. Allows such a person to: (1) change to a lower level of benefits; (2) change coverage within 60 days after a change in family status; and (3) transfer enrollment to another plan under conditions prescribed by the Office of Personnel Management (OPM). Provides a temporary extension of coverage to allow persons who elected not to continue coverage or whose continued coverage is terminated to convert to a nongroup contract providing health benefits. Allows annuitants whose annuity is less than the amount required to be withheld for enrollment in a health benefits plan to pay the amount of any deficiency required for enrollment. Requires contracts for employee organization plans and comprehensive medical plans to require carriers to reinsure with other participants. Requires the service benefit plan and the indemnity benefit plan to provide, in addition to all currently authorized benefits: (1) nervous and mental disorder benefits; and (2) alcoholism and substance abuse treatment and rehabilitation benefits. Prohibits the OPM from entering into a contract for any service benefit, indemnity benefit, or employee organization plan which does not provide for 50 outpatient visits and 60 inpatient days of nervous and mental disorder benefits and two 28-day alcoholism treatment and rehabilitation benefits. Requires any limits on nervous and mental disorder benefits to be exceeded on a case by case basis only to the extent that a peer review mechanism determines such treatment to be necessary. Requires 80 percent of such excessive benefit claims to be paid from the balance of one percent of all contributions to the Employees Health Benefits Fund remaining after the expenses of administering provisions governing Federal employees health benefit plans are paid. Prohibits the OPM from entering into a contract with a carrier for any health benefits plan which does not provide 95 percent of the benefits that such plan or the most similar plan provided during the preceding year, unless the carrier and the OPM mutually agree to waive such requirement. Directs the OPM to: (1) provide a three week period during which enrollees in health benefits plans may change or cancel their enrollments before any contract term in which the rates or benefits of a plan will change, a new plan will be offered, or an existing plan will be terminated; and (2) make available to such enrollees information on such plans at least four weeks before such open enrollment period. Prohibits the OPM from entering into a contract for a health benefits plan which excludes anyone because of nonactive employee status. Eliminates the requirement that the group of physicians under a group-practice prepayment plan include physicians representing at least three major medical specialties.
United States · United States Congress · 28 September 1982
Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs. Amends the Housing and Community Development Act of 1974 to extend the period for which areas that qualified as metropolitan cities or urban countries prior to the 1980 decennial census shall retain such status for purposes of the allocation of funds under Federal community development block grants. Amends the Federal Home Loan Mortgage Corporation Act to permit the Corporation to have preferred stock.
United States · United States Congress · 24 September 1982
Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs. Amends the Housing and Community Development Act of 1974 to extend the period during which areas that qualified as metropolitan cities or urban counties prior to the 1980 decennial census shall retain such status for purposes of the allocation of funds under Federal community development block grants.
United States · United States Congress · 22 September 1982
Designates November 1982 as National Diabetes Month.
United States · United States Congress · 22 September 1982
Amends the National Housing Act to extend certain Federal Housing Administration mortgage insurance and assistance programs. Extends the authority of the Secretary of Housing and Urban Development to set maximum interest rates on certain mortgage insurance programs. Amends the Housing Act of 1949 to extend certain Farmers Home Administration mortgage insurance programs and mutual and self-help housing programs. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program. Amends the National Housing Act to extend the national riot and crime insurance programs.
United States · United States Congress · 16 September 1982
Designates October as National Spinal Cord Injury Month.
United States · United States Congress · 19 August 1982
Amends the Tax Equity and Fiscal Responsibility Act of 1982 to repeal provisions which impose the hospital insurance tax on Federal employees.
United States · United States Congress · 19 August 1982
Designates October 1982 as Head Start Awareness Month.
United States · United States Congress · 18 August 1982
Designates October 10 through October 16, 1982, as Freedom Week, USA.
United States · United States Congress · 13 August 1982
Permits the Secretary of Defense to lease rather than construct specifically authorized family housing projects within the United States, Puerto Rico, and Guam. Requires that the Armed Services Committees be given 30 days notice of any lease in excess of $250,000 annual rental.
United States · United States Congress · 11 August 1982
Balanced Monetary Policy Act of 1982 - Amends the Federal Reserve Act to require the Board of Governors and the Federal Open Market Committee of the Federal Reserve System to establish yearly targets for long-term interest rates, and for money and credit aggregates. Requires the Board and the Federal Open Market Committee to take necessary actions to assure that such targets are achieved, on average, on an annual basis. Requires a written report to specified Congressional committees if such targets cannot or should not be achieved because of unfavorable economic conditions. Requires the Board of Governors to transmit specified information to Congress biannually. Requires the Board to announce publicly changes in objectives and plans at the time those changes are determined. Requires the President to state for the System's record the administration's position on each vote on monetary policy taken by the Board and by the Federal Open Market Committee.
United States · United States Congress · 10 August 1982
Expresses the sense of the House of Representatives that regulations recently proposed by the Secretary of Education under the Education of the Handicapped Act should not be permitted to take effect.
United States · United States Congress · 4 August 1982
Humane Care and Development of Substitutes for Animals in Research Act - Title I: Development of Improved Research and Testing Methods - Authorizes the Secretary of Health and Human Services to make awards to sponsor research and development of scientific testing methods which eliminate the use of live animals, reduce the number of live animals required, or limit animal pain and distress. Requires that applications and proposals for such awards be assessed through peer review procedures. Requires the Secretary to designate an Advisory Panel to: (1) give advice on his or her responsibilities under this Act; (2) make recommendations on specific opportunities or problems regarding research support of nonanimal testing; and (3) set up a system for insuring that applications or proposals meeting the requirements of this title receive full consideration for funding by the Department or for funding under this title. Makes funds for making awards under this title available through the allocation of research resources within the Department. Provides that the Secretary, consulting with the Environmental Protection Agency and other regulatory and scientific research agencies, shall direct the National Institutes of Health, the Food and Drug Administration, and the National Toxicology Program to: (1) promote new nonanimal testing methods; (2) evaluate existing nonanimal methods; (3) enhance and integrate data systems for more efficient use of test data involving animals; and (4) develop new methodologies for the toxicology data systems. Requires the Secretary to report to the Speaker of the House of Representatives and the President of the Senate on progress under this Act within two years after enactment of this Act and biennially thereafter. Title II: Federal Award Requirements - Requires that a research entity be accredited by a recognized accrediting agency in order to be eligible to receive a Federal award for testing involving a large number of animals. Requires the Secretary to designate accrediting agencies which: (1) are able to ascertain the qualifications of research entities to conduct testing involving animals; (2) have an accreditation system; (3) have a system for routine inspection of laboratory animal facilities at accredited research entities; (4) have established a set of standards for acceptable animal care, treatment, and use in experimental procedures; and (5) have established a mechanism for liaison with the institutional animal studies committees in accredited research entities and for the involvement of such committees in monitoring compliance with the accreditation standards. Requires research entities to comply with accreditation standards ten years after the date of enactment of this Act. Authorizes provisional accreditation in the interim period. Provides for the establishment of a Federal accreditation mechanism if there are no private agencies to carry out such functions. Provides that in order to be eligible for a Federal award for testing involving large numbers of animals, a research entity must provide to the responsible Federal agency a statement of assurances that: (1) the research entity has established an institutional animal studies committee; (2) the committee will meet regularly, make periodic inspections of all animal study areas and facilities of the research entity, review research methods and practices, and file with the responsible Federal agency certification that such inspections and reviews have occurred and reports on deficient animal care or treatment conditions; (3) the committee will maintain complete records of its activities; (4) committee members will be encouraged to notify the Animal and Plant Health Inspection Service of the Department of Agriculture, the responsible Federal agency, and the applicable accrediting agency of any unacceptable animal care conditions with respect to the research entity; and (5) the committee will establish courses, for personnel involved with animal care and use, on humane animal maintenance and experimentation and on research or testing methods that minimize animal use and animal distress. Requires that Federal support be withheld where animal care conditions are unacceptable despite notification to the research entity. Requires research entities to inform their employees of the provisions under this title and to instruct employees to report violations to the animal studies committee. Authorizes the Secretary to waive accreditation requirements under certain circumstances. Directs the Secretary to facilitate agency compliance with this title through the establishment of an information clearinghouse on animal research methods and models. Title III: Special Procedures - Prohibits Federal agency approval of a research proposal involving animal use, unless such proposal justifies any anticipated animal distress in terms of research benefits and provides for the consulting services of a veterinarian, the proper use of tranquilizers, analgesics, anesthetics, and paralytics, appropriate pre- and postsurgical care, and the limited use of animals in major operations. Makes regulations promulgated under this Act ineffective if disapproved by either House of Congress within 60 days after proposal. Title IV: Exemption - Exempts from the requirements of this Act: (1) activities intended to improve animal health, breeding, or management or wild animal conservation; and (2) specific experiments or research programs for which such requirements would present national security risks or risks to the safety of manned space flight. Title V - Terminates all authority conferred by this Act ten years after enactment.
United States · United States Congress · 3 August 1982
Designates November 14, 1982, as National Retired Teachers Day.
United States · United States Congress · 28 July 1982
Declares that the presidential certification submitted to the Congress with respect to sending military aid to El Salvador is void. Directs the President to immediately suspend such assistance. Requires the suspension to remain in effect during FY 1982 and 1983. Prohibits the President from making another such certification until Congress enacts a joint resolution declaring that El Salvador has met specified conditions.
United States · United States Congress · 22 July 1982
Expresses the disapproval of Congress of the five-year Outer Continental Shelf oil and gas leasing plan approved by the Department of the Interior on July 21, 1982. Prohibits the implementation of such program until the Secretary of the Interior has modified the plan to conform to applicable Federal law and national energy policy.
United States · United States Congress · 22 July 1982
Expresses the concern of the House of Representatives in the preservation and restoration of Rhodes Tavern in Washington, D.C. Encourages preservation and restoration efforts by the National Trust for Historic Preservation, the National Capitol Planning Commission, the Commission of Fine Arts, the mayor and city council, and other interested organizations.
United States · United States Congress · 22 July 1982
Expresses the sense of the Congress that no new withholding of tax requirement should be imposed on interest and dividends.
United States · United States Congress · 21 July 1982
Salaries and Expenses Limitation Act - Authorizes appropriations for salaries and expenses of the Office of the Secretary of the Treasury for FY 1983. Amends the Omnibus Budget Reconciliation Act of 1981 to end the permanent authorization for the international affairs functions of the Department of the Treasury. Limits the authorization of appropriations for the administration of the New York City Loan Guarantee Program and the Chrysler Corporation Loan Guarantee Program for FY 1983. Authorizes appropriations to the Bureau of the Mint for FY 1983 for all expenditures of the mints and assay offices. Limits the authorization of appropriations for FY 1983 to the Department of Housing and Urban Development for administrative and nonadministrative expenses. Limits the amount of funds which may be made available from the various funds of the Federal Housing Administration.
United States · United States Congress · 15 July 1982
Residential Mortgage Investment Act of 1982 - Permits employee benefit plans, as defined under this Act, to engage in any qualified mortgage transaction involving any qualified residential mortgage loan, provided transactions between all parties are at arm's length. Permits such plans to participate in any mortgage pool, provided such pool conforms to specified requirements with regard to permitted investments. Authorizes the Secretary of the Treasury to prescribe regulations to carry out this Act. Provides that this Act shall supersede any and all contrary provisions of State law, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code. Prohibits the imposition of Federal excise tax on a plan or pool that engages in a transaction described under this Act.
United States · United States Congress · 15 July 1982
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that maximum benefit amounts and primary insurance amounts which are not multiples of $0.10 shall be raised to the next higher multiple of $0.10. (Currently, title II benefits are rounded to the next lower multiple of $0.10.)
United States · United States Congress · 13 July 1982
Amends the Internal Revenue Code to revise requirements for the tax exclusion of interest on mortgage subsidy bonds. Revises the arbitrage requirements for tax-exempt bonds to increase the amount by which interest rates on such bonds may exceed the interest rates on mortgages financed with such bonds. Increases the amount by which the acquisition cost of bond-financed residences may exceed the average area purchase price of other homes in the same statistical area. Specifies that issuers are not required to dispose of any investment and realize a loss in order to satisfy arbitrage restrictions. Revises the new homeowner requirements to allow eligibility for bond-financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action. Repeals the registration requirements for bond issues. Revises requirements for residential rental property bond issues relating to the median income level of occupants and the term of the low-income occupancy. Allows the exclusion of interest on industrial development bonds used to finance cooperative housing corporations if the cooperative is affordable by lower income families and other conditions are met.
United States · United States Congress · 13 July 1982
Designates the week beginning on October 24, 1982, as National Tourette Syndrome Awareness Week.
United States · United States Congress · 23 June 1982
States that the United States and the Soviet Union should begin the strategic arms reduction talks (START), which should have the following objectives: (1) pursuing a complete halt to the nuclear arms race; (2) deciding when and how to achieve and pursue a mutual and verifiable freeze on the testing, production, and further deployment of nuclear warheads, missiles, and other delivery systems; (3) giving special attention to destabilizing weapons; (4) preserving present limitations and controls on current nuclear weapons and delivery systems; and (5) incorporating ongoing negotiations in Geneva on land-based intermediate-range nuclear missiles into the START negotiations. Declares that the United States shall try to reach a common position with the North Atlantic Treaty Organization allies on any agreement that would be inconsistent with existing U.S. commitments to those allies. Declares that the United States shall promptly approve the SALT II agreement if adequate verification capabilities are maintained.
United States · United States Congress · 22 June 1982
Amends the Internal Revenue Code to authorize the Secretary of the Treasury to prescribe regulations exempting retirees or individuals over age 65 from interest penalties with respect to any underpayment of estimated tax. Requires that such underpayment be due to reasonable cause (defined to include mistake or ignorance of the law) and not to willful neglect.
United States · United States Congress · 22 June 1982
Requests the President to designate the week of April 17 through April 23, 1983, as National Coin Week.
United States · United States Congress · 9 June 1982
Expresses the sense of the House of Representatives that: (1) Medicare beneficiaries should not have to pay more out-of-pocket costs for health care under the Medicare program; and (2) any Medicare savings from budget cuts should not cause an increase in out-of-pocket Medicare expenses.
United States · United States Congress · 8 June 1982
Amends the Tariff Schedules of the United States to suspend the duty on parts of stepper motors for two years.
United States · United States Congress · 8 June 1982
Wilderness Protection Act of 1982 - Withdraws from disposition under all laws pertaining to oil, gas, mineral, and geothermal leasing: (1) wilderness areas; (2) lands recommended for wilderness designation, until Congress determines otherwise or until the lands concerned are recommended for other uses; (3) wilderness study areas, for the period of interim wilderness protection and management required by law; and (4) lands identified for further planning in Executive Communication 1504, 96th Congress, until one year after the final approval and implementation of an initial forest plan covering the further planning area. Exempts from the withdrawal pursuant to this Act: (1) national forest system land released to management for nonwilderness uses; (2) lands designated as congressional wilderness study areas in Colorado and New Mexico and certain lands within the River of No Return Wilderness in Idaho; (3) Bureau of Land Management wilderness study areas; and (4) lands designated as a conservation system unit under the Alaska National Interest Land Conservation Act. Permits activities compatible with the preservation of the wilderness environment for the purpose of inventorying energy, mineral, and other resource values in areas withdrawn by this Act. Requires the Secretary of the Interior to augment recurring surveys of mineral values of wilderness areas and to acquire information on the areas withdrawn by this Act by conducting nondestructive mineral inventories of such areas. Authorizes the President to recommend to Congress that minerals exploration, development, or extraction be permitted in specified areas withdrawn under this Act, if: (1) there is an urgent national need for the mineral activity; and (2) such need outweighs the public values of the wilderness lands involved and the potentially adverse environmental impacts likely to result. Makes such a recommendation effective only upon enactment of a joint resolution of approval by Congress.
United States · United States Congress · 8 June 1982
Expresses the sense of the Congress that: (1) nursing facility Medicare compliance surveys should be conducted at least annually; (2) Federal funds for such surveys should continue; (3) the Joint Commission on Accreditation of Hospitals should not have the authority to certify Medicare compliance; and (4) the proposed Department of Health and Human Services health care facilities certification regulations should not be adopted.
United States · United States Congress · 27 May 1982
Designates the week beginning on November 21, 1982, as National Alzheimer's Disease Week.
United States · United States Congress · 26 May 1982
Handicapped Infants Protection Act of 1982 - Amends the Child Abuse Prevention and Treatment Act to require the National Center on Child Abuse and Neglect to conduct a study of child abuse or neglect in federally assisted or operated health care facilities. Directs the Secretary of Health and Human Services to: (1) report the results of this study to the Congress within three months; and (2) give priority to information about adoption and foster care of handicapped infants. Prohibits doctors or other health care facility personnel from withholding nutrition or medical treatment from a handicapped infant. Provides a private right of action for violations of this Act. States that any punitive damage awards shall be used for the benefit of the infant involved in the suit, or if deceased, for research and treatment of handicapped infants. Directs the Center to establish and disseminate violations reporting procedures. Provides civil and criminal immunity and job protection for persons reporting such violations. Requires health care facilities to provide parents or guardians of handicapped infants with information about agency assistance for these infants.
United States · United States Congress · 11 May 1982
Grants a Federal charter to the National Association of State Directors of Veterans' Affairs, Incorporated.
United States · United States Congress · 11 May 1982
Designates July 9, 1982, and April 9, 1983, as National P.O.W./M.I.A. Recognition Day.
United States · United States Congress · 6 May 1982
Housing and Urban-Rural Recovery Act of 1982 - Title I: Community and Neighborhood Development and Conservation - Amends the Housing and Community Development Act of 1974 to extend for one year the eligibility of certain metropolitan cities and urban counties for community development grants. Directs the Secretary of Housing and Urban Development (HUD) to prescribe a standard form for State performance reports and assessments of community development programs for metropolitan cities and urban counties. Permits a local government to retain leftover income from community development grants if used for eligible community development activities. Requires community development grants to be considered as Federal financial assistance, requiring the approval of the head of a Federal agency, for purposes of the Uniform Relocation and Real Property Acquisition Policies Act of 1970. Includes the development of shared housing for the elderly as an activity eligible for community development grants. Requires the Secretary, so long as there are qualified applicants, to enter into commitments during FY 1983 to guarantee a specified amount of loans to local governments for the acquisition or rehabilitation of real property for community development activities. Directs the Secretary to guarantee loans financing neighborhood revitalization activities of nonprofit organizations in neighborhoods where activities are funded by urban development action grants. Directs the Secretary to give a priority to assisting neighborhood development activities designed to mitigate the displacement of low-and moderate-income families resulting from commercial activities. Limits the amount of such loans which may be guaranteed during FY 1983 to ten percent of the amount approved in appropriations Acts for urban development action grants in such year. Requires an application for such a grant to certify that an analysis of the impact of grant activities on neighborhood residents has been made available to any neighborhood-based nonprofit organizations. Amends the Housing Act of 1964 to authorize appropriations for rehabilitation loans and to limit the amount of commitments to make such loans for FY 1983. Requires that at least 60 percent of the funds available for rehabilitation loans after FY 1982 be used for loans for one to four-family dwellings. Amends the Neighborhood Reinvestment Corporation Act to authorize appropriations for the Corporation for FY 1983. Directs the Corporation to use a specified amount of such appropriations to conduct a mutual housing demonstration program emphasizing housing rehabilitation. Title II: Assisted Housing - Amends the United States Housing Act of 1937 to: (1) increase, on October 1, 1982, the maximum amount of annual contributions which the Secretary may make to public housing agencies for low-income housing projects; (2) limit the amount which may be obligated over the duration of contribution contracts with respect to additional authority provided on October 1, 1982; (3) earmark a specified amount of such additional authority for public housing modernization assistance; and (4) provide a new formula for allocating such additional authority for low-income housing assistance. Authorizes appropriations for public housing operating assistance for FY 1983. Declares that income limits for occupancy and rent in public housing shall be fixed by the public housing agency and approved by the Secretary. Reduces a tenant's rent contribution for federally-assisted housing from 30 to 25 percent of the tenant's monthly adjusted income. Excludes from a tenant's income: (1) the value of food stamps received;(2) $400 for each family member who is under 18 years of age, over 18 and disabled or handicapped, or elderly; (3) medical expenses exceeding ten percent of family income; and (4) child care expenses necessary for the employment of a family member. Permits a public housing agency to use budget authority provided for the acquisition and development of a lower income project in fiscal years prior to FY 1983 for operating and improvement assistance. Directs the Secretary to consider the effects of interest rates (up to 14 percent) on development costs when determining the fair market rental of newly constructed or substantially rehabilitated units of public housing projects for which contract authority was reserved in FY 1982 or before. Establishes as the fair market rental for existing public housing projects the median rent paid for comparable units by tenants who moved into the area within the most recent two year period for which data is available. Requires the maximum monthly rent to be reasonable compared with unassisted units. Prohibits the rent for an assisted unit from exceeding the rent charged for comparable unassisted units in a project. Directs the Secretary to offer to renew any assistance contract with a public housing authority for five year periods, in order to extend the total period of assistance to 15 years, if the authority has carried out the terms of the contract. Requires the Secretary to reduce the operating subsidies to lower income housing projects on a pro rata basis in any fiscal year in which the funds appropriated are less than the amount needed to make assistance payments according to the Secretary's standards. Authorizes the Secretary to develop an alternative distribution method through rulemaking procedures. Requires the Secretary to pay a public housing agency 100 percent of the amount by which its actual annual utility expenses exceed its estimated expenses because of increased utility rates, and 50 percent of its excess utilty expenses resulting from increased utility consumption. Repeals provisions of the Omnibus Budget reconciliation Act of 1981 that restrict the percentage of public housing units available to lower income families other than very low-income families. Requires at least 30 percent of the families assisted under the program providing rent subsidies to owners of lower income housing projects to be very low-income families. Directs the Secretary to take specified steps to encourage improved management procedures for public housing. Establishes conditions governing the demolition, sale, or disposal of public housing projects. Amends the Housing and Community Development Amendments of 1978 to authorize appropriations for operating assistance for troubled multifamily housing projects for FY 1983. Amends the National Housing Act to extend for one year the period during which the Secretary may utilize amounts in the Rural Housing Assistance Fund for such operating assistance. Amends the Housing Act of 1959 to limit the maximum interest rate on HUD loans for housing projects for the elderly and handicapped to 9.25 percent annually. Increases the Treasury borrowing authority of the Secretary to finance such loans for FY 1983. Limits the Secretary's lending authority for FY 1983. Permits 25 percent of the units of a project financed with such a loan to be efficiencies. Authorizes the Secretary to require the sponsor of such a project to deposit up to $10,000 in an escrow account to assure the sponsor's commitment and management capabilities. Directs the Secretary to consider design features for the elderly and handicapped when establishing project unit cost limitations. Amends the Federal National Mortgage Association Charter Act to increase on October 1, 1982, the total amount of home mortgages the Government National Mortgage Association (GNMA) may purchase and to limit the aggregate principal amount of mortgages that the GNMA may enter into commitments to purchase during FY 1983. Amends the Congregate Housing Services Act of 1978 to authorize appropriations for contracts for congregate housing services programs for FY 1983. Amends the United States Housing Act of 1937 to direct the Secretary to allow lower-income housing assistance provided under the existing housing and moderate rehabilitation programs to be used for shared housing for the elderly. Amends the Housing and Community Development Amendments of 1978 to permit a public housing agency to retain: (1) the greater of its legal expenses in obtaining a judgment or 50 percent of the amount of a judgment obtained in recovering amounts wrongfully paid as a result of fraud or abuse in any housing program (currently one specific program) under the United States Housing Act of 1937; and (2) 50 percent of wrongfully paid amounts recovered by means other than court actions. Provides for the use of recaptured Rent Supplement Funds for development assistance for public housing. Amends the United States Housing Act of 1937 to prohibit the Secretary from imposing a percentage or other arbitrary ceiling on rent or cost increases on certain federally-assisted lower income housing projects. Amends the Housing and Urban Development Act of 1965 to authorize the Secretary to use assistance recaptured from the program providing interest reduction payments to owners of rental housing projects to convert to a contract for such interest reduction payments any contract for rent supplement payments for lower income housing projects financed by State or local loans, loan insurance, or tax abatements. Title III: Housing Production Programs - Part A: Single-Family Housing Production Program - Single-Family Housing Production Act of 1982 - Directs the Secretary to enter into contracts to make periodic assistance payments to mortgagees and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income. Terminates such authority of the Secretary on September 30, 1983. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Sets ceilings for: (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisfies requirements for creditworthiness and who is: (1) under a mortgage which is eligible for assistance under this Act; or (2) the original owner of a new, federally-insured, manufactured home. Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Provides for payments on behalf of such a homeowner only as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of: (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 105 percent of median area income); or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income). Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income). Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this part to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this part the requirements that a mortgage: (1) be secured by a newly constructed single-family dwelling that meets energy conservation standards prescribed by the Secretary; (2) permit prepayment without penalty; (3) have a fixed rate of interest, and (4) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this part among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this part or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments. Amends the National Housing Act to provide the Secretary, on October 1, 1982, authority to enter into contracts to provide payments to assist low-income families in acquiring home ownership or membership in a cooperative housing project. Part B: Multifamily Housing Production Program - Rental Housing Production and Rehabilitation Act of 1982 - Directs the Secretary to provide financial assistance to State and local governments to be used to stimulate the construction and rehabilitation of multifamily rental housing projects and cooperative housing projects, in areas experiencing a severe shortage of rental housing, for persons without other reasonable and affordable housing alternatives in the private market. Directs State and local governments which receive such assistance to provide such projects with capital grants, loans, interest reduction payments, grants for the purchase of land, and other types of assistance designed to reduce project development and operating costs. Prohibits a State from providing such assistance to any project unless the local government of the project area approves the application for assistance for such project. Allows a local government to apply directly to the Secretary for assistance. Prohibits a project from being assisted both directly and by the Federal Government through a State agency under this Act. Sets forth area eligibility criteria, project selection criteria, and guidelines for allocating assistance. Requires the amount of assistance provided to a project to be the least amount necessary to provide decent and affordable rental or cooperative housing of modest design. Requires the owner of an assisted project to agree that for the first 20 years of the project: (1) 20 percent of the project units will be available for families whose income does not exceed 80 percent of the median area income; (2) savings resulting from reduced debt service payments for assistance will be passed on to the tenants; (3) prospective tenants will not be discriminated against on the basis of their receipt of or eligibility for Federal, State, or local housing assistance; and (4) units will not be converted to condominium ownership or a form of cooperative ownership not eligible for assistance. Directs the Secretary to require an owner who violates any such agreement to repay all assistance plus interest. Requires rent charges for project units for low-income tenants to be approved by the Secretary. Limits such charges to 30 percent of the tenants adjusted income. Requires 30 days written notice to tenants of rent increases. Declares obligations issued by a State or local housing agency to finance a project assisted under this part to be tax-exempt. Authorizes FHA insurance for an assisted project meeting FHA standards. Requires that contracts for such assistance contain a provision requiring the payment of prevailing wages to workers employed in the development and operation of the project involved. Authorizes appropriations for such assistance for FY 1983. Part C: Demonstration Program for Emergency Housing - Directs the Secretary to conduct a demonstration program under which grants will be provided to assist communities or nonprofit organizations to provide shelter for people subject to life-threatening situations because of their lack of housing. Requires the Secretary to make such grants on a competitive basis according to the need for emergency housing. Directs the Secretary to report to Congress on such program. Earmarks a specified amount of the appropriations provided for the Multi-family Housing Production Program under part B for such demonstration program. Title IV: Rural Housing - Amends the Housing Act of 1949 to authorize appropriations for FY 1983 to the Secretary of Agriculture: (1) to insure and guarantee loans for rural housing, with certain restrictions; (2) to make loans and grants for improvements of rural housing; (3) to provide financial assistance for the provision of low-rent housing for domestic farm labor; (4) to make grants or contracts for the development of programs to assist low-income persons in benefiting from housing programs in rural areas; (5) for programs of mutual and self-help in rural areas; and (6) for the Self-Help Housing Land Development Fund. Extends the authority of the Secretary of Agriculture to: (1) insure loans to provide rental housing for persons of moderate income; (2) insure loans for housing and buildings on adequate farms; and (3) make assistance payments to owners of low-income rental housing projects, with a specified amount of FY 1983 assistance earmarked for domestic farm labor and elderly or handicapped persons who are tenants of newly constructed or substantially rehabilitated housing. Eliminates use of the Rural Housing Fund for specified rural housing programs. Revises the maximum rental charge for certain assisted rural housing to the highest of: (1) 25 percent of the family's monthly adjusted income; (2) ten percent of the family's monthly income; or (3) the portion of the family's welfare payment designated for housing costs. Provides that interest credits for low-or moderate-income persons who receive rural housing mortgage loans may not exceed the lesser of: (1) the person's mortgage payments after applying 20 percent of his or her adjusted income; or (2) the person's mortgage payments exceeding what those payments would be if the mortgage were to bear one percent interest. Directs the Secretary of Agriculture, when determining whether to provide housing assistance to domestic farm laborers in an area, to consider the housing needs for only those persons. Requires the Secretary of Agriculture to give priority to providing rural housing assistance to applicants with the greatest housing assistance needs because of their low income and inadequate dwellings. Authorizes the Secretary of Agriculture to provide rental housing assistance for elderly persons living under a shared housing arrangement in a single-family dwelling. Title V: Program Amendments and Extensions - Amends the National Housing Act to extend the authority of the Secretary to insure loans for mortgages and home improvement, and to establish the maximum interest rates for certain mortgage insurance programs. Amends the Emergency Home Purchase Assistance Act of 1974 to extend the authority of the Secretary to direct the Government National Mortgage Association (GMNA) to purchase mortgages and securities. Amends the Housing and Urban Development Act of 1970 to authorize appropriations for research for the Department of Housing and Urban Development in fiscal year 1982. Amends the National Housing Act to increase the amount of funds authorized to be appropriated to cover losses sustained by the General Insurance Fund. Amends the Federal National Mortgage Association Charter Act to extend the authority of the GNMA to guarantee mortgage-backed securities issued by the Federal National Mortgage Association (FNMA), subject to the absence of qualified requests. Amends the Energy Conservation in Existing Buildings Act of 1976 to earmark for the weatherization program for FY 1983 a specified amount of the funds authorized to be appropriated for energy conservation under the Omnibus Budget Reconciliation Act of 1981. Amends the National Flood Insurance Act of 1968 to extend the national flood insurance program until September 30, 1984, and to authorize appropriations for various insurance studies during FY 1983. Amends the National Housing Act to extend the Secretary's authority: (1) to carry out the Federal riot insurance program and the Federal crime insurance program until September 30, 1984; and (2) to continue riot and crime insurance policies written prior to such date until September 30, 1987. Amends the Housing and Urban Development Act of 1968 to authorize appropriations for FY 1983 for counseling and technical assistance programs for low-and moderate-income families with respect to housing. Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to require the limitation on the maximum principal obligation of a conventional mortgage, in which the FNMA or the Federal Home Loan Mortgage Corporation may purchase a participating interest, to be calculated with respect to the total principal obligation of the mortgage. Authorizes such corporations, until October 1, 1984, to purchase mortgages secured by a second-lien against a one-to four-family dwelling. Specifies limitations on the maximum principal obligation of the mortgages. Amends the National Housing Act to: (1) qualify a unit in a cooperative housing project for FHA mortgage insurance if construction of the project was completed more than a year prior to the application for such insurance; and (2) eliminate the requirement that a cooperative housing project be nonprofit. Authorizes the Secretary to insure: (1) the loan on an existing manufactured home if such home was constructed according to the standards issued under the National Manufactured Housing Construction and Safety Standards Act of 1974 and it meets minimum property standards for FHA insurance for existing homes; (2) the loan on a newly constructed manufactured home which meets FHA standards for newly constructed homes at the full amount permitted for newly constructed homes in the area; and (3) the loan on a newly constructed manufactured home which does not meet such FHA standards at 80 percent of the full amount permitted for newly constructed homes (100 percent in areas of high-cost developed land) if such manufactured home meets certain construction, energy conservation, set-up, and attachment standards. Requires the Secretary to provide homeownership counseling to persons receiving temporary mortgage assistance payments to avoid foreclosure. (Currently, the Secretary is directed to provide such counseling to the extent practicable.) Requires the Secretary to submit to Congress a report which describes: (1) HUD standards for determining whether program requirements and changes are implemented through regulations, memoranda, or other forms of notice; and (2) the system used to assure that program changes affecting the eligibility, rights, or benefits of applicants for or recipients of program assistance are subject to notice and publication requirements of the Administrative Procedure Act. Amends the Real Estate Settlement Procedures Act of 1974 to exempt a controlled business arrangement, under which a person who has an ownership interest in a provider of settlement services refers real estate business involving a federally related mortgage to that provider, from the prohibition against kickbacks for referrals of such business if: (1) such ownership interest is disclosed; (2) no unreasonable restrictions are imposed on the buyer's or seller's selection of the service provider; and (3) the only thing of value received under such arrangement is the return on such ownership interest. Limits the yearly number of transactions involving a controlled business relationship that a title company, private mortgage insurance company, or escrow services company may participate in to 20 percent of all transactions of such company. Exempts from such limitation: (1) a bar-related title insurance company; (2) a transaction involving real estate in a county with a population of 25,000 or less; or (3) a controlled business arrangement where the ownership interest involved accounts for one percent or less of a corporation's outstanding stock, the majority of which is publicly owned. Eliminates the criminal penalty for violations of the prohibitions on referral of real estate business involving a federally related mortgage. Establishes the right of a competitor injured by a violation of such prohibitions to sue for treble damages. Permits the Secretary, the attorney general of any State, or any competitor to bring an action to enjoin such prohibited conduct. Sets a three year statute of limitations for a suit brought by the Secretary or an attorney general. Authorizes the Secretary to conduct investigations and issue subpoenas necessary to enforce such Act. Amends the National Housing Act to increase the maximum amount of a mortgage on a newly constructed condominium which is eligible for FHA insurance. Makes public hospitals eligible for FHA insurance. Title VI: Emergency Mortgage Relief - Homeowners' Emergency Relief Act of 1982 - Amends the Emergency Housing Act of 1965 to direct the Secretary to make emergency mortgage relief payments to mortgagees on behalf of certain delinquent mortgagors when, for three consecutive months, the amount of delinquent mortgage loans exceeds a specified percentage of the amount of all loans accounted for in the mortgage delinquency series maintained by the Federal Home Loan Bank Board. Provides for the discontinuation and reinstitution of such assistance program depending on such delinquency rate condition. Lists the conditions for assistance eligibility, which include requirements that: (1) the mortgage is not federally insured under the National Housing Act; (2) the mortgagor has suffered a substantial reduction in income as a result of circumstances beyond the mortgagor's control which render the mortgagor unable to make full mortgage payments; and (3) the Secretary has determined that assistance is necessary to avoid foreclosure and that it is likely that the mortgagor will be able to resume full mortgage payments within 36 months, commence repaying such assistance at a designated time, and pay the mortgage in full by its maturity date. Limits: (1) the amount of mortgage assistance payments to an amount necessary to supplement the amount of the mortgagor's contributions; and (2) the length of such payments to 18 months plus any period of default, with an 18-month extension authorized. Directs the Secretary to establish procedures for the periodic review of the mortgagor's financial circumstances to determine whether such payments should be terminated or adjusted. Declares that all assistance payments shall be secured by a lien on the property and repayable on terms prescribed by the Secretary. Sets forth the authority of the Secretary to recapture such assistance. States that a previously assisted mortgagor shall be eligible for renewed assistance only if such mortgagor has made full mortgage payments for at least 12 months after the previous assistance was terminated. Directs the Secretary to: (1) provide homeownership counseling to persons assisted under this title; and (2) approve or disapprove an application for assistance within 45 days. Limits the aggregate amount of assistance the Secretary is authorized to provide over the duration of assistance contracts. Prohibits the Secretary from entering such contracts after September 30, 1983. Requires the Secretary and specified agencies to waive or relax limitations pertaining to the operations of certain mortgagees and financial institutions with respect to mortgage delinquencies in order to encourage forebearance in residential mortgage loan foreclosure. Requires the Secretary to report to Congress every 60 days prior to October 1, 1983, on: (1) the rate of delinqencies and foreclosures in various housing markets; (2) the prospects of voluntary forebearance by mortgagees in such areas; (3) Government actions to encourage such forebearance and to provide assistance under this title; and (4) the default status of mortgagees on multifamily properties with recommendations on curing and avoiding such defaults. Directs the Secretary to study and report on the use of alternative mortgage delinquency series under this title.
United States · United States Congress · 6 May 1982
National Crude Oil Profit-Sharing Act of 1982 - Title I: National Crude Oil Profit-Sharing Tax - Amends the Internal Revenue Code to impose a severance tax on crude oil. Sets the rate of such tax at 30 percent of the removal price of such oil. Defines "removal price" as the amount for which the taxable crude oil is sold. Requires withholding of such tax by the first purchaser. Exempts from such tax any oil produced by a qualified charitable interest. Establishes in the Treasury an Energy and Economic Development Trust Fund (Trust Fund). Allocates to such trust fund 25 percent of the revenues raised by such severance tax. Title II: State Energy and Economic Development Block Grant Program - Authorizes the Secretary of the Treasury to make block grants out of such trust fund to the States for energy and economic development. Provides that 50 percent of such grants shall be alloted to the States for energy and 50 percent for economic development. Sets forth rules for determining the amount allocable to each State. Sets forth application and State public hearing requirements. Requires the chief executive officer of any State receiving such grants to: (1) certify that the State agrees to specified conditions; and (2) prepare and furnish a compliance plan to the Secretary. Allows the Secretary, after notice and opportunity for a hearing, to withhold funds from any State which fails to meet the requirements of this Act or of its own compliance plan. Title III: Limitation on Certain State Severance Taxes - Limits severance taxes imposed by any State with respect to crude oil, natural gas, or coal transported outside such State. Sets such limit at the higher of: (1) the adjusted 1978 State tax rate; or (2) the adjusted 1978 national average tax rate.
United States · United States Congress · 6 May 1982
Single-Family Housing Production Act of 1982 - Directs the Secretary of Housing and Urban Development to enter into contracts to make periodic assistance payments to mortgagees and other lenders on behalf of homeowners (including owners of manufactured homes and condominium units) with incomes of up to 130 percent of the median area income. Terminates such authority of the Secretary on September 30, 1982. Directs the Secretary to give priority to assisting persons who have not owned a home within the last three years. Sets ceilings for: (1) the total amount of payments made under such contracts each year; and (2) the total amount obligated during the life of such contracts. Permits payments to be made only to a homeowner who satisfies requirements for creditworthiness and who is: (1) a mortgagor under a mortgage which is eligible for assistance under this Act; or (2) the original owner of a new, federally-insured, manufactured home. Provides for payments on behalf of such a homeowner only for as long as the homeowner occupies the property, unless the mortgage has been assigned to the Secretary. Limits the amount of such assistance payments to the amount required to lower the mortgagor's monthly mortgage payments to the payments that would be required if the mortgage were to bear interest at the greater rate of: (1) nine and one-half percent (ten percent if the mortgagor's income exceeds 115 percent of median area income); or (2) a rate six percentage points less than specified in the mortgage (four percentage points if the mortgagor's income exceeds 115 percent of median area income). Requires that a mortgagor pay at least 25 percent of his or her income toward the monthly mortgage payments. Limits the duration of assistance payments to seven years (five years if the mortgagor's income exceeds 115 percent of median area income). Establishes a fund into which recaptured or unused assistance shall be deposited and from which the Secretary may provide continued assistance to a mortgagor who is unable to assume full mortgage payments after regular assistance payments end. Limits the number of manufactured homes assisted under this Act to 20 percent of the total number of assisted units. Includes among conditions a mortgage must meet for the mortgagor to qualify for assistance under this Act the requirements that a mortgage: (1) be secured by a newly constructed single-family dwelling that meets energy conservation standards prescribed by the Secretary; (2) permit prepayment without penalty; (3) have a fixed rate of interest; and (4) be executed by a mortgagor who paid at least three percent of the Secretary's estimate of the cost of acquisition. Directs the Secretary to develop a system for allocating assistance under this Act among the various regions of the country on the basis of such factors as population, relative decline in building permits, and the need for increased housing production. Directs the Secretary to recapture the lesser of the amount of assistance provided under this Act or an amount equal to 50 percent of the net appreciation of the property whenever the mortgagor sells the property or rents it for a period exceeding one year. Requires the Secretary to adopt procedures for annual recertification of a homeowner's income for the purpose of adjusting assistance payments.
United States · United States Congress · 6 May 1982
Designates October 1982 as National Car Care Month.
United States · United States Congress · 4 May 1982
Net Worth Guarantee Act - Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to permit the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board and the National Credit Union Administration Board to guarantee the net worth of qualified insured institutions. Requires that, to qualify for a guarantee, an institution's net worth be less than two percent of its assets, that it have losses in at least two consecutive quarters, and that at least 20 percent of its loans and investments be in mortgages secured by or securities backed by residential real estate. Requires that an institution use at least 60 percent of its annual net new deposits to issue mortgages which meet specified criteria. Sets forth a formula for determining the amount of any such guarantee. Permits additional guarantees of net worth after a two year period if the certified continued earnings losses are caused by general market conditions and not by the actions of the institution. Requires a qualified institution, when its net worth reaches three percent of its assets, to begin to reduce the amount of guarantees received. Declares that the total annual reduction of guarantees of net worth received by such institution shall not be less than 50 percent of the net income, after taxes, of such bank for the year involved. Declares that outstanding guarantees of net worth provided by the Corporation shall be backed by the Net Worth Guarantee Account established by this Act. Establishes in the Treasury of the United States a Net Worth Guarantee Account which shall be used for the required payment of any guarantee of net worth issued pursuant to this Act. Limits the total amount of guarantees of net worth issued under this Act at any time to $8,500,000,000. Declares that no guarantee of net worth may be issued after Deptember 30, 1984. Requires the Federal Home Loan Bank Board, the Board of Directors of the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board to make quarterly reports to each House of Congress specifying the types and amounts of guarantees of net worth provided to each depository institution and the conditions imposed on each such institution. Requires the Comptroller General to conduct semiannual audits of each guarantee of net worth and of the Net Worth Guarantee Account and transmit such report to Congress.
United States · United States Congress · 20 April 1982
Amends the Credit Control Act to repeal the provision of such Act which would terminate credit control authority on June 30, 1982. Permits the President to authorize the Board of Governors of the Federal Reserve System to regulate and control any or all extensions of credit whenever necessary or appropriate to reduce high levels of unemployment in any sector of the economy, or to prevent or control inflation or recession. Permits the Board, after receiving such Presidential authorization, to prescribe limitations with respect to credit for nonproductive purposes.
United States · United States Congress · 20 April 1982
Expresses the sense of the House of Representatives that neither the President nor Congress should impose import fees on crude oil or refined petroleum products.
United States · United States Congress · 1 April 1982
Olympic Coin Act of 1982 - Provides for the minting of commemorative coins to honor and commemorate the 1984 Los Angeles Olympic Games. Requires the Secretary of the Treasury to determine the designs of such coins. Declares the coins legal tender and terminates their minting after December 31, 1984. Sets forth minting specifications. Authorizes the Secretary to enter into an agreement with the Los Angeles Olympic Organizing Committee which shall provide for the implementation of the purposes of this Act. Directs the Secretary to furnish such coins to the Los Angeles Olympic Organizing Committee at a price agreed to pursuant to such implementation agreement. Provides that all coins minted shall be delivered to the Los Angeles Olympic Organizing Committee for distribution and sale to the public in accordance with the terms of the implementation agreement. Sets the delivery date for each series of coins. Sets forth procedures and criteria for the committee to follow in selecting a marketing organization for such coins. States that proceeds received by the Los Angeles Olympic Organizing Committee from the commercial sale of such coins shall be used for the purpose of staging and promoting the 1984 Los Angeles Olympic Games and assisting the U.S. Olympic Committee and amateur athletics. Requires the organizing committee, on and after March 31, 1985, to remit all amounts received from the disposition of the coins to the U.S. Olympic Committee. Prohibits deduction of amounts derived from the disposition of such coins as charitable contributions for purposes of the Internal Revenue Code of 1954. Requires the organizing committee to pay the Secretary in advance such sums as are necessary to carry out the provisions of this Act. Requires the Secretary to report to Congress not later than 45 days after the end of each calendar quarter on the disposition of the coins minted during such quarter. Sets forth recordkeeping requirements for all parties governed by this Act and authorizes the Comptroller General to audit all such records.
United States · United States Congress · 1 April 1982
Amends the National Housing Act to extend until September 30, 1982, the authority of the Secretary of Housing and Urban Development to enter into contracts to provide periodic mortgage assistance payments to assist lower income families in acquiring home ownership or membership in a cooperative housing association.
United States · United States Congress · 1 April 1982
Designates the week of November 7 through November 13, 1982, as National Respiratory Therapy Week.
United States · United States Congress · 1 April 1982
Designates the week beginning July 18, 1982, as National Junior Bowling Championship Week.
United States · United States Congress · 1 April 1982
Designates September 19 through September 25, 1982, as National Cystic Fibrosis Week.