United States · United States Congress · 3 January 1985
Constitutional Amendment - Declares that equality of rights under the law shall not be denied or abridged by the United States or any State on account of sex.
United States · United States Congress · 3 January 1985
Establishes in the House of Representatives the Select Committee on Hunger to conduct a continuing comprehensive study of the problems of hunger and malnutrition. Requires an annual report from such committee, including a summary of its activities.
United States · United States Congress · 20 September 1984
Sexual Assault Act of 1984 - Amends the Federal criminal code to provide for a series of graded sexual offenses consisting of: aggravated sexual abuse, sexual abuse, and abusive sexual contact. Provides for an offense involving the sexual abuse of a minor or ward. Makes such offenses neutral as to gender. Repeals the chapter on rape. Makes conforming changes to the Public Health Service Act, the Juvenile Justice and Delinquency Prevention Act of 1974, the Mental Health Systems Act, the Federal Aviation Act and the Federal Rules of Evidence.
United States · United States Congress · 11 September 1984
Directs the Wyandotte Tribe of Oklahoma and the Secretary of the Interior to update tribal membership rolls according to prescribed guidelines for the purpose of distributing specified judgment funds to such Tribe. Requires the Secretary to publish notice in the appropriate media regarding the per capita distribution of the judgment funds and the application procedures for the distribution. Requires the Secretary to allocate the judgment funds between the Wyandotte Tribe of Oklahoma and the Absentee Wyandottes according to prescribed guidelines. Requires that the Wyandotte Tribe allocation be divided: (1) 80 percent for per capita distribution; and (2) 20 percent for specified uses for the benefit of the Tribe. States that such 20 percent allocation may be distributed by the Wyandotte Tribe without seeking the Secretary's approval. Exempts the Secretary from further trust responsibility regarding the 20 percent allocation. Exempts the judgment funds distribution from: (1) Federal, State or local income taxes; or (2) any consideration as a resource for purposes of public assistance eligibility criteria. Repeals specified law regarding the use and distribution of specified judgment funds.
United States · United States Congress · 6 September 1984
Makes supplemental appropriations for FY 1985 to the Department of Agriculture for famine relief. Makes supplemental appropriations for FY 1985 to the Agency for International Development for: (1) agriculture, rural development, and nutrition programs; (2) health programs; (3) energy and development programs to address the longer-term development needs created by refugees and displaced persons in Africa; and (4) international disaster assistance. Requires such funds to be available for obligation and expenditure notwithstanding specified limitations on foreign assistance appropriations.
United States · United States Congress · 10 August 1984
Copyright Royalty Tribunal and Cable Television Reform Act of 1984 - Title I: Copyright Royalty Tribunal - Amends the copyright law to reduce the membership on the Copyright Royalty Tribunal from five to three commissioners. Requires the Tribunal to appoint a general counsel and chief economist. States that review of Tribunal decisions by the U.S. Court of Appeals remains unaffected by the creation of the Tribunal in the legislative branch. Requires the Tribunal, in adjusting copyright royalty rates for the carriage of television broadcast signals by cable systems, to also consider: (1) the extent to which television broadcast stations compensate copyright owners for the secondary transmission of their signals by cable systems located outside their respective local service areas; (2) the extent to which the value of additional distant signals decreases as such signals are carried by the systems; (3) the impact of the rates on cable subscribers as to the availability and cost of receiving copyrighted materials; and (4) the impact of the rates on competition with television broadcast stations. Title II: Cable Television - Excludes from a specified adjustment in royalty rates the first two distant independent television broadcast signals carried by any cable system. Revises the royalty computation formula for secondary transmissions by a cable system to redefine gross receipts based upon the type of service offered.
United States · United States Congress · 2 August 1984
Requires the President to transmit to Congress for FY 1986 and each fiscal year thereafter a balanced budget. Permits the transmittal of alternate budget proposals which, if implemented, would result in a deficit or surplus if the President determines that a balanced budget is inappropriate for any fiscal year. Urges the President to submit to the House and the Senate, not later than September 30, 1984, a comprehensive plan to balance the Federal budget. Requires the Committee on the Budget of each House to report, by April 15, 1985, and by April 15 of each year, a balanced budget for the upcoming fiscal year. Requires the chairmen of the budget committees and an individual designated by the President to meet from time to time and agree upon common economic and technical estimating assumptions which shall be used for the preparation and reestimation of the President's budget. Establishes a commission which shall: (1) review, with respect to FY 1986, the balanced budget proposal submitted by the President and the budgets reported by the Committees on the Budget; (2) study the effectiveness of the provisions of this Act in achieving balanced Federal budgets; and (3) make recommendations for further changes which may be necessary to achieve balanced Federal budgets. Requires the commission to transmit to the President and Congress a report not later then December 31, 1986, containing a detailed statement of its findings, conclusions, and recommendations for such legislation and administrative actions as it considers appropriate. Terminates the commission 30 days after the submission of such report.
United States · United States Congress · 31 July 1984
Expresses the sense of the Congress that Taiwan should continue and accelerate progress toward a democratic system by ending martial law and by releasing political prisoners and otherwise guaranteeing and protecting the rights of the Taiwan people.
United States · United States Congress · 26 July 1984
Agricultural Patent Reform Act of 1984 - Amends the patent laws to extend the terms of patents which encompass specified products or methods for using a product, including methods of manufacturing which primarily use recombinant DNA technology, any of which are subject to certain nonpatent regulatory review periods. Sets forth the terms and conditions of such extension, including a five year limitation on the extension and a 25 year maximum patent term from the earliest filing. Directs the Commissioner of Patents to notify the appropriate Federal agency upon receipt from a product sponsor of a notice of extension. Requires the notified agency to determine the applicable regulatory review period and whether, within that period, the sponsor acted with due diligence. Provides for notice and informal hearings for persons interested in such determinations. Grants a product sponsor the opportunity to designate any data submitted during the regulatory review period as a trade secret or confidential. Directs the Commissioner, upon a final determination of the applicable regulatory review period, to issue to the owner of record of a patent a certificate of extension stating the fact and length of the extension and identifying the product and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Limits the application of such patent term extension to patents for: (1) any new animal drug or antibiotic subject to regulation under the Federal Food, Drug, and Cosmetic Act; (2) any veterinary biological product subject to regulation under the Virus-Serum-Toxin Act; (3) any pesticide subject to regulation under the Federal Insectide, Fungicide, and Rodenticide Act; and (4) any chemical substance or mixture subject to regulation under the Toxic Substances Control Act.
United States · United States Congress · 25 July 1984
States that the House of Representatives disapproves the appointment of Anne M. Burford as Chairperson of the National Advisory Committee on Oceans and Atmosphere, and urges the President to withdraw her appointment.
United States · United States Congress · 27 June 1984
Record Rental Amendment of 1984 - Amends the copyright law to prohibit the unauthorized rental of a phonorecord by its owner for commercial advantage. Deems such unauthorized use an infringement and subject to civil penalties. Includes within the scope of a compulsory license to make and distribute phonorecords the right to rent them. Requires the licensee to pay a royalty for each rental. Terminates such restrictions on rental after five years.
United States · United States Congress · 27 June 1984
Establishes a pilot program for fellowships under the House of Representatives for persons who are blind or deaf. Requires the Committee on House Administration to report to the House on the effectiveness of, and the desirability of, continuing such program.
United States · United States Congress · 20 June 1984
Social Security Reorganization Act of 1984 - Amends title VII (Administration) of the Social Security Act to establish as an independent executive agency a Social Security Agency. Provides that the Agency shall be headed by a Social Security Board. Provides that the Board shall: (1) govern the Old Age, Survivors and Disability Insurance program under title II and the Supplemental Security Income program under title XVI of the Social Security Act; (2) appoint a Commissioner of Social Security to act as the chief operating officer of the Agency responsible for administering such programs; (3) constitute five of the members of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund; (4) make annual budgetary recommendations relating to the Agency to Congress; (5) make recommendations to Congress and the President with respect to the administration of such programs; (6) provide Congress and the President with all information relating to such programs; and (7) conduct policy analysis and research relating to such programs. Requires that the Office of the Board include an Office of the Actuary, an Office of Policy and Legislation, and an Office of General Counsel. Sets forth the Board's authority with respect to the appointment of employees and the organization of the Agency. Establishes an Office of the Inspector General within the Agency. Requires coordination between the Agency, the Department of Health and Human Services, and the Department of the Treasury in the administration of titles II, XVI, and XVIII (Medicare) of the Social Security Act. Establishes in the Agency an Office of the Commissioner, to be headed by a Commissioner of Social Security who shall be responsible for administering the Old Age, Survivors and Disability Insurance and Supplemental Security Income programs and for overseeing Agency operations. Provides that the Commissioner shall serve as Secretary of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund. Requires the Commissioner to report annually to the Board and Congress on the administration of the Agency. Establishes in the Office of the Commissioner an Office of Hearings and Appeals, to be headed by a Chief Administrative Law Judge who shall assist the Commissioner in carrying out responsibilities related to hearings under the Social Security Act. Sets forth the Commissioner's authority with respect to the organization of the Office of the Commissioner and the appointment of employees. Establishes in the Agency an Office of the Ombudsman, to be headed by a Social Security Ombudsman who shall: (1) represent the concerns of the public relating to the Old Age, Survivors and Disability Insurance program and the Supplemental Security Income program to the Commissioner, the Board, the President, and Congress; and (2) conduct studies and surveys of the administrative effectiveness and program policy goals of the Agency. Establishes in the Office of the Ombudsman a Citizens' Advisory Committee which shall prepare and transmit to Congress a biennial report assessing the administration and objectivess of such programs. Authorizes the Committee to request, and assist in the preparation of, studies and surveys by the Ombudsman. Provides for the transfer to the Agency of all functions carried out by the Secretary of Health and Human Services with respect to the programs and activities to be carried out by the Agency under this Act. Abolishes the position of Commissioner of Social Security in the Department of Health and Human Services. Requires that appropriations requests by the Agency for staffing and personnel be based upon comprehensive workforce plans. Sets forth rules for the apportionment of administrative appropriations for the Agency. Provides that the Agency's authority for automated data processing procurement and facilities construction shall be provided in the form of contract authority covering the total acquisition costs. Makes amounts needed for the liquidation of contract authority so provided available from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to the extent that such amounts are not needed to meet current obligations for benefit payments. Specifies the authorities which are to be delegated to the Commissioner from the Administrator of the General Services Administration. Authorizes funds to pay the costs of the administration of titles II and XVI of the Social Security Act for which the Commissioner is responsible, the cost of title XVIII of such Act for which the Secretary of Health and Human Services (the Secretary) is responsible, and the costs of carrying out the functions of the Agency relating to the processing of tax data under title II of such Act. Requires the Commissioner to determine how the costs of administering the Old Age, Survivors and Disability Insurance program and the Supplemental Security program should be apportioned for each fiscal year among the general fund of the Treasury, the Federal Old-Age and Survivors Insurance Trust Fund, and the Federal Disability Insurance Trust Fund. Requires the Secretary to determine how the costs of administering the Medicare program should be apportioned for each fiscal year among the general fund of the Treasury, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund. Provides that following such determinations, the Commissioner and the Secretary shall certify to the Managing Trustee of the social security trust funds the amounts (if any) which need to be transferred from the Treasury to the trust funds or from the trust funds to the Treasury to ensure that each of the trust funds and the Treasury have borne their proper share of such administrative costs. Requires the Secretary to study and make recommendations with respect to the most effective methods of providing economic security and with respect to administrative policy for the social security programs which he or she administers. Requires the Board, the Comptroller General of the United States, and the Secretary to each submit to Congress within five years after enactment of this Act a report assessing the organizational changes made by this Act. Requires each of them to submit to Congress recommendations for further technical and conforming amendments as necessary within one year after enactment of this Act. Requires that the Social Security Act be implemented in a manner consistent with a beneficiary bill of rights providing for: (1) fair and equitable treatment of all persons by the Board, the Commissioner, and the Secretary; (2) a prohibition against discrimination on account of age, sex, race, creed, color, handicap, national origin, or economic condition; (3) prompt, professional, and effective services which are accessible to the public; (4) timely and proper benefit payments, with due process of law accorded to beneficiaries whose benefits are reduced, terminated, withheld, or assigned to a representative payee; (5) personal conferences with employees of the Agency or the Department of Health and Human Services for any beneficiary with respect to any determination by the Commissioner or the Secretary which adversely affects him or her; and (6) a full, fair, and impartial administrative appeals process. Sets forth the effective date of this Act and interim rules.
United States · United States Congress · 19 June 1984
Synthetic Fuels Reform and Budget Reduction Act - Provides that, except as provided below, all funds in the Energy Security Reserve shall be deposited in the Treasury and shall not be available for obligation with respect to synthetic fuels projects. Sets aside $500,000,000 of the funds in the Reserve to be made available to the Secretary of Energy to carry out a five-year program for the advanced research and development of coal utilization technologies. Provides that $2,500,000,000 which shall be available for obligations by the United States Synthetic Fuels Corporation in accordance with this Act and with the Energy Security Act, plus the funds necessary to meet obligations with respect to binding commitments entered into before enactment of this Act and still in effect, shall be retained in the Reserve. Requires the Corporation to submit for congressional approval a proposed comprehensive strategy to achieve the national synthetic production goal established under the United States Synthetic Fuels Corporation Act of 1980. Requires that such strategy be submitted within a specified time period. Requires that such strategy include a financial or investment prospectus justifying the proposed obligation of amounts retained in the Reserve for synthetic fuels projects. Permits such obligations only after the proposed strategy has been approved by joint resolution. Amends the United States Synthetic Fuels Corporation Act of 1980 to provide that the Administrative Procedure Act, the Freedom of Information Act, the Government in the Sunshine Act, and Federal law relating to disclosure of confidential information shall apply to the Corporation as if it were a Federal agency. Requires the Board of Directors of the Corporation to fix the compensation of Corporation officers and other employee categories in accordance with the Executive Schedule and the General Schedule. (Under current law, the Board must take the Executive and General Schedules into consideration in fixing such compensation.) Requires the Board of Directors, the Secretary of Energy, and the Administrator of the Environmental Protection Agency to agree on a Memorandum of Understanding establishing a program for monitoring and accumulating data with respect to the technical performance, environmental and socioeconomic impacts, and economic viability of projects funded by the Corporation. Provides that contracts for financial assistance shall require the financial assistance recipient to develop a plan ensuring full cooperation with such program. Changes the date on which the Corporation shall terminate from September 30, 1997, to June 30, 1987. Provides that the liquidation of the Corporation and the winding up of its affairs shall be transferred to the Secretary of the Treasury, the Secretary of Energy, and the Administrator of the Environmental Protection Agency jointly in accordance with a Memorandum of Understanding agreed to by them if the Board of Directors of the Corporation has not completed the termination of the Corporation's affairs and its liquidation by the termination date. (Under current law, such duties are to be transferred to the Secretary of the Treasury only.)
United States · United States Congress · 15 June 1984
Copyright Royalty Tribunal and Cable Television Reform Act of 1984 - Title I: Copyright Royalty Tribunal - Amends the copyright law to reduce the membership on the Copyright Royalty Tribunal from five to three commissioners. Requires the Tribunal to appoint a general counsel and chief economist. States that review of Tribunal decisions by the U.S. Court of Appeals remains unaffected by the creation of the Tribunal in the legislative branch. Requires the Tribunal in adjusting copyright royalty rates for the carriage of television broadcast signals by cable systems to also consider: (1) the extent to which television broadcast stations compensate copyright owners for the secondary transmission of their signals by cable systems located outside their respective local service areas; (2) the extent to which the value of additional distant signals decreases as such signals are carried by the systems; and (3) the impact of the rates on cable subscribers as to the availability and cost of receiving copyrighted materials. Title II: Cable Televisions - Excludes from a specified adjustment in royalty rates: (1) the first three distant independent television broadcast signals carried by any cable system which does not carry any local independent television broadcast signals; or (2) the first two distant independent television broadcast signals carried by any cable system which carries any local independent television broadcast signals. Revises the royalty computation formula for secondary transmissions by a cable system to redefine gross receipts based upon the type of service offered.
United States · United States Congress · 14 June 1984
Criminal Fine Enforcement Act of 1984 - Amends the Federal criminal code in regard to the collection and payment of fines and penalties. Provides that a judgment may direct imprisonment until a fine or penalty is paid if the court finds that the defendant has the present ability to pay such fine or penalty. States that a judgment imposing the payment of a fine or penalty is a lien in favor of the United States and it applies to all property of the defendant other than property exempt from levy under the Internal Revenue Code. States that payment of a fine is due immediately unless the court requires payment by installment or by any date certain. Allows the Attorney General to make payment due immediately upon the default of any installment payment. Requires the defendant to pay interest at a rate of 1.5 percent per month on any amount of a fine or penalty that is past due (plus an extra 25 percent if the delinquency extends beyond 90 days). Allows the Attorney General and the Director of the Administrative Office of the U.S. Courts to provide by regulation that fines for specified categories of offenses be paid to the clerk of the court. Provides that if the fine is imposed on an organization, payments are authorized from the assets of the organization; but if the fine is imposed on a director, officer, employee, or agent of the organization, payment shall not be authorized from organization assets unless expressly permitted by State law. Requires a defendant to pay a fine made a condition of probation even after the probation's end. Provides penalties for criminal default on a fine. Lists factors that the court must consider in determining whether to impose a fine, including: (1) the ability of the defendant to pay; (2) the burden that payment will impose on the defendant; and (3) any restitution or reparation made by the defendant. States that if a defendant has the obligation to make restitution to a victim of the offense, the court shall impose a fine only to the extent that such fine will not impair the ability of the defendant to make restitution. Increases the maximum fine levels for certain felonies, misdemeanors, and offenses which result in pecuniary gain. Provides a procedure for establishing security if a fine is stayed. Conditions parole upon a diligent effort to pay a fine. Increases the fine for the commission of a misdemeanor to $5,000 for an individual and $10,000 for an organization.
United States · United States Congress · 14 June 1984
Law Enforcement Officers Protection Act of 1984 - Amends the Federal criminal code to define "armor piercing ammunition." Excludes from the definition: (1) shot gun shot required by Federal or State regulations for hunting; (2) frangible projectiles for target shooting; and (3) projectiles that the Secretary of Treasury determines are primarily intended for sporting purposes. Makes it unlawful for any person to manufacture or import armor piercing ammunition. Allows for: (1) the manufacture or importation of armor piercing ammunition for the use of the United States or any State or local government; and (2) manufacture for the sole purpose of exportation. Establishes a licensing fee of $1,000 per year for manufacturers and importers of armor piercing ammunition. Imposes an additional mandatory sentence of not less than five years for any person who uses or carries a firearm and is in possession of armor piercing ammunition during the commission of a violent felony. Provides that such sentence shall not be suspended nor probation nor parole granted.
United States · United States Congress · 10 May 1984
Federal Courts Civil Priorities Act - Requires each Federal court to formulate its own rules of priority regarding the order in which civil actions shall be heard. Specifies exceptions. Authorizes the Judicial Conference of the United States to modify such rules to establish consistency.
United States · United States Congress · 10 May 1984
Supreme Court Mandatory Appellate Jurisdiction Reform Act of 1984 - Repeals the provision of the judicial code authorizing any party (in a proceeding to which the United States is a party) to appeal directly to the Supreme Court from a Federal court order which declares an Act of Congress unconstitutional. Repeals Supreme Court mandatory jurisdiction to hear appeals from a Federal appellate court decision holding a State statute unconstitutional. Repeals Supreme Court mandatory jurisdiction to hear appeals from decisions of the highest court of a State (including Puerto Rico) which hold that: (1) a Federal treaty or statute is invalid; or (2) a State law is valid. Makes technical and conforming amendments.
United States · United States Congress · 26 April 1984
Semiconductor Chip Protection Act of 1984 - Extends copyright protection to original mask works fixed in semiconductor chip products. Defines a mask work as the two- and three-dimensional features of shape, pattern, and configuration of the surface of the layers of a semiconductor chip product which portray the appearance of a product or convey information. Requires as a condition of protection that: (1) the owner of the mask work be a resident or citizen of the United States or of a country which is party to a protection treaty to which the United States is also a party on the date the work is first commercially exploited or registered; (2) the work is first commercially exploited in the United States; or (3) the mask work comes within the scope of a presidential proclamation extending reciprocal protection to the works of foreign citizens or residents. Vests exclusive rights in the mask work in the owner who may transfer, convey, or bequeath such interest. Recognizes the first registered transfer in case of a conflict. Sets the copyright term for mask works at ten years from the date of registration or first commercial exploitation, whichever comes first. Sets forth the exclusive rights of the owner of such a copyright, including the rights to: (1) reproduce the mask; (2) import or distribute a semiconductor chip product in which the mask work is embodied; and (3) cause another to perform such acts. Excludes from the applicability of an owner's exclusive rights a mask work used for educational purposes or an innocent purchaser of a semiconductor chip product. Protects works registered within two years of the date of their first commercial exploitation. Sets forth administrative procedures for the Register of Copyrights. Permits the owner of the mask work to place a notice of copyright on such works which includes the words 'mask work' or M in a circle, the year the work was first fixed in a semiconductor chip product, and the name of the owner of the work. Entitles the owner of a mask work whose protection has been infringed or whose registration of such work has been refused to institute a civil action. Directs the Secretary of the Treasury and the U.S. Postal Service to issue regulations for the enforcement of the right to import mask works. Permits the impoundment and seizure of mask works imported in violation of the owner's exclusive rights. Sets forth remedies for infringement, including temporary and permanent injunctive relief, actual damages, and the award of the infringer's profits to the owner. Authorizes appropriations.
United States · United States Congress · 12 April 1984
Amends the Equal Access to Justice Act to provide that the decision of the adjudicative officer of a Federal agency constitutes the final administrative decision regarding the award of certain legal expenses to a party prevailing against the United States in an adversary adjudication. Authorizes the adjudicative officer to adjust the net worth standards for individuals and businesses or organizations eligible for such an award to reflect increases in the cost of living. Enables certain municipal corporations and unincorporated towns to be parties to actions under such Act. Redefines "adversary adjudication" to include any appeal before an agency board of contract appeals under the Contract Disputes Act of 1978. Defines "position of the agency" to include actions and omissions of the agency. Authorizes a party other than the United States that is dissatisfied with an adjudicative officer's determination of such expenses to appeal the determination to the appropriate U.S. court within 30 days after such determination is made. Directs the United States, if dissatisfied, to petition for leave to appeal such determination and bars any appeal if the petition is denied. Requires a court's determination on such an appeal to be a de novo review based solely on the factual record made before the agency. Authorizes appropriations for each agency for payment of expenses awarded to parties prevailing against the agency in an adversary adjudication. Requires the payment of interest on any amount of such expenses remaining due 60 days after final agency action awarding such expenses. Authorizes a court to award certain legal expenses to the prevailing party in any civil action brought by or against any Federal agency or official. Provides for the award of such expenses to any party prevailing against the United States in proceedings for judicial review of agency action. Authorizes the court to adjust the net worth eligibility standards for the award of such expenses to reflect increases in the cost of living. Redefines "civil action" to include any appeal by a party other than the United States from a decision of a contracting officer on a dispute in a Federal contract. Authorizes appropriations for each agency for payment of expenses awarded to the party prevailing against the agency in a civil action. Requires the payment of interest on such expenses remaining due 60 days after being awarded. Repeals the termination dates of the legal expenses award provisions of the Equal Access to Justice Act, thus making them permanent law.
United States · United States Congress · 12 April 1984
Civil Rights Act of 1984 - Amends the Education Amendments of 1972, the Rehabilitation Act of 1973, the Age Discrimination Act of 1975 and the Civil Rights Act to prohibit discrimination by any recipient of Federal financial assistance. (Currently, discrimination is prohibited only in a program or activity receiving Federal assistance.) Defines the term "recipient" to extend comprehensive coverage for purposes of the four Acts to any State or local governmental unit, any public or private agency or entity, and any subunit, successor, assignee, or transfereee of any such unit, agency, or entity.
United States · United States Congress · 5 April 1984
Authorizes the President to: (1) enter into a trade agreement with Israel providing for the continuance of existing duty-free treatment of and the elimination of existing duties and other import restrictions on products of Israel; and (2) proclaim such continuances and modifications of tariff treatment of and import restrictions on such articles as necessary to carry out the trade agreement.
United States · United States Congress · 27 March 1984
Amends the Securities Exchange Act of 1934 to prohibit certain credit transactions for the acquisition of securities of United States corporations by either United States or non-United States persons where such a transaction is financed by either United States or non-United States lenders if such a transaction is or would be prohibited if it had been made or the transaction had otherwise occurred in a lender's office or other place of business in a State. Permits the Board of Governors of the Federal Reserve System to exempt any class of persons from the application of such regulation. Sets forth the private right of action for violations of such margin requirements. Applies the provisions of this Act to any purchase or carrying of securities which occurs on or after March 27, 1984, if the loan or extension of credit involved originated, or if the loan proceeds used were disbursed, on or after such date.