United States · United States Congress · 4 October 1984
Plan Termination and Reversion Control Act of 1984 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to delineate the eligibility and sufficiency criteria which single-employer pension plans must meet in order to terminate under the protection of the Pension Benefit Guaranty Corporation (the Corporation). Includes among the termination eligibility requirements for such single-employer pension plan: (1) business necessity; (2) pay-status participants not in excess of 80 percent (pay-status participants are those whose retirement benefits have become payable); (3) absence for a specified period of a different employer-maintained plan; and (4) the plan to be terminated did not participate in an asset or liabilities transfer between plans during such period. Delineates the criteria under which plan termination is considered a business necessity for purposes of this Act. States that plan termination will not be considered a business necessity if the termination's primary purpose is to make funds available to contributing sponsors or to a sponsor's controlled group in order to prevent or promote entry of other persons into the controlled group. Treats fiduciaries who have permitted single-employer plan terminations to take place without meeting the eligibility criteria as having breached a fiduciary duty. Sets guidelines under which residual assets of terminated plans shall be distributed among: (1) employee contributors; (2) participants and beneficiaries; and (3) employers. Amends the Internal Revenue Code to impose a tax upon the distribution of residual assets to an employer if a single-employer benefit plan is terminated, except under the business necessity criteria of this Act. Makes the employer liable to pay such tax. Requires a plan administrator to file a plan termination notice with the Corporation after giving plan participants and beneficiaries advanced written notice of such proposed termination. Requires the Corporation to hold a hearing on the record regarding: (1) plan termination; and (2) distribution of residual assets. Amends the limitations set upon plan acquisition of qualifying employer securities and real property. Directs the Joint Board for the Enrollment of Actuaries (the Board) to report to specified congressional committees regarding the results of a study concerning reasonable actuarial assumptions and methods for determining the actuarial status and funding requirements of various pension plans. Requires the Board to publish in the Federal Register the actuarial assumptions and methods it prescribes for various types of pension plans. Authorizes the Board to terminate enrolled actuaries upon finding that they have not used the methods and assumptions prescribed. Makes conforming amendments to the Internal Revenue Code. Sets guidelines for qualified trust treatment where assets of a terminated plan are transferred to an employee stock ownership plan. Amends ERISA to prohibit fiduciaries from permitting the transfer of terminated plan assets to an employee-stock-ownership plan unless specified conditions are met. Amends the Internal Revenue Code to disqualify from trust status any comparable pension plan formed by an employer within five years of such employer's receipt of the residual assets of a pension plan terminated without business necessity. Provides that where employers have accepted payments of the residual assets of certain terminated pension plans, certain comparable pension plans formed by such employers will be denied: (1) minimum funding standard waivers; (2) extension of amortization periods; and (3) alternative minimum funding standards. Directs the President to establish the Plan Termination and Reversion Control Commission as an independent agency within the executive branch of the Government. Establishes the position of special liaison officer to the Commission within the office of: (1) the Secretary of Labor; (2) Secretary of the Treasury; and (3) the Pension Benefit Guaranty Corporation. Provides for an Executive Director as the principal administrative officer under the Commission. Provides that if the Corporation finds that residual assets exceed a specified amount upon the termination of certain single-employer plans, then the Commission shall assume all functions of the Secretary of Labor, the Secretary of the Treasury and of the Corporation, insofar as such functions concern residual assets requirements in their respective areas. Authorizes the Commission to prescribe rules and regulations, policies and procedures. Authorizes appropriations.
United States · United States Congress · 26 September 1984
Amends the Internal Revenue Code to allow an income tax deduction for the home health care and adult day care expenses of a taxpayer who maintains a household which includes a dependent of the taxpayer who suffers from Alzheimer's disease. Permits this deduction whether or not the taxpayer itemizes deductions.
United States · United States Congress · 26 September 1984
Amends the Internal Revenue Code to allow the dependent care income tax credit for expenses incurred for the care of dependents incapable of self-care without regard to whether such expenses were incurred to enable the taxpayer to be gainfully employed.
United States · United States Congress · 25 September 1984
Provides that there will be a cost-of-living increase in benefits under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act for 1985 without regard to whether the three percent threshold is met. Directs the Office of the Actuary of the Social Security Administration to conduct a study on possible improvements in the application and operation of cost-of-living adjustment provisions under title II. Requires the Office to report on such study to appropriate congressional committees by September 1, 1985.
United States · United States Congress · 25 September 1984
Expresses the sense of the Congress that the Federal Home Loan Bank Board should delay until June 30, 1985, the effective date of its proposed regulations regarding limitations on direct investment in real estate, service corporations, and equity securities by federally insured savings and loan associations. Directs the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Banking, Finance, and Urban Affairs of the House of Representatives to examine alternatives to the proposed regulations which will ensure safety and sound investment activities.
United States · United States Congress · 11 September 1984
Establishes a Commission on Employment Discrimination in the Legislative Branch. Directs the Commission to: (1) employ a nongovernmental consultant to study the compensation paid to Library of Congress personnel and analyze personnel policies of the Library; (2) evaluate the compensation system of the Library for compliance with title VII of the Civil Rights Act of 1964 and make any recommendations needed to achieve compliance; (3) develop a plan for the application of title VII through the legislative branch; and (4) make recommendations to Congress for improvement of personnel policies and practices in the legislative branch. Directs the Commission to submit a final report to Congress 18 months after enactment of this Act. Terminates the Commission 30 days after submission of the final report.
United States · United States Congress · 10 August 1984
Constitutional Amendment - States that for purposes of the fifth and 14th amendments to the Constitution, the word "person" applies to all human beings without regard to age, health, function or condition of dependency. Makes such amendment inapplicable to laws permitting medical procedures required to prevent the death of the mother or when the pregnancy was caused by rape or incest.
United States · United States Congress · 9 August 1984
Amends titles II (Old Age, Survivors and Disability Insurance), IV (Grants to States for Aid and Services to Needy Families With Children and for Child-Welfare Services), V (Maternal and Child Health Services Block Grant), and XVI (Supplemental Security Income) of the Social Security Act to strike out the words "crippled" and "crippling" wherever they appear and insert instead the words "handicapped" and "disability," respectively.
United States · United States Congress · 25 July 1984
Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted.
United States · United States Congress · 28 June 1984
Establishes the National Commission on Federal Budget Deficit Reductions to review all relevant elements of fiscal and monetary policy. Requires particular emphasis to be given to the causes of cyclical and structural Federal budget deficits and the impact which growing structural Federal deficits have on employment, capital formation, and the vigor and viability of economic growth in the United States. Requires the Commission to: (1) identify problems which may hinder the control and reduction of Federal budget deficits; and (2) analyze all potential options which would result in deficit reductions and place the Government on a sound financial basis. Requires the Commission to report to the President and Congress by January 15, 1985, detailed findings, conclusions, and recommendations for such legislation and administrative actions as it considers appropriate. Terminates the Commission 30 days after submission of such report.
United States · United States Congress · 28 June 1984
Commends the heroism of the Afghan resistance in its fight to keep Afghanistan free and independent. Condemns the massive Soviet bombing of Afghanistan.
United States · United States Congress · 26 June 1984
Commission for the Study of Suicide Act of 1984 - Establishes the Commission for the Study of Suicide to develop a national plan regarding the causes of and treatment strategies for suicide. Requires the Commission to transmit to the President and the Congress a detailed report of its findings, conclusions and recommendations by a certain date. Terminates the Commission by a certain date. Authorizes appropriations.
United States · United States Congress · 20 June 1984
Expresses the sense of the House of Representatives that the administration should honor the basic Federal obligation to promote affordable and decent housing by retaining the current home mortgage interest deduction as an essential component of an equitable tax system intended to promote national living standards.
United States · United States Congress · 18 June 1984
Designates the week beginning February 17, 1985, as a time to recognize the contributions of volunteers who give their time to become Big Brothers and Big Sisters to youths in need of adult companionship.
United States · United States Congress · 15 June 1984
Amends part D (Child Support and Establishment of Paternity) of title IV of the Social Security Act to provide that remuneration paid by an employer located on a Federal enclave shall be subject to legal process brought to enforce child support or alimony obligations in the same manner as if the employer were not so located.
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 · 6 June 1984
Sunshine Resolution of 1984 - Amends Rule XXVIII of the Rules of the House of Representatives to provide that, after the approval of any matter, House conferees shall be entitled to three days in which to file supplemental, minority, or additional views. Establishes Rule LI which requires the Speaker of the House to provide for printing of the floor schedule in the Congressional Record at least two legislative days in advance. Amends Rule XXVII to require the printing in the Record of the names of Members who have signed, or withdrawn a signature to, a motion to discharge a committee from consideration of a bill or resolution, whenever 100 Members have signed such a motion. Amends Rule I to require the broadcasting system to include frequent, wide-angle visual coverage of the chamber when the House is in session. Amends Rule X to provide for the compilation of an oversight agenda resolution. Requires the House to complete action on such resolution within 100 days after the Congress convenes. Amends Rule XI to prohibit proxy voting in committees. Establishes Rule LII which requires the body of the Congressional Record for the House to contain an accurate and verbatim account of remarks actually delivered on the floor. Limits extension and revision of remarks delivered on the floor to the correction of grammatical and typographical errors. Authorizes Members, by unanimous consent, to make insertions of remarks not actually delivered on the floor and requires such insertions to be clearly distinguished from verbatim remarks. Amends Rule X to require committee ratios to reflect the majority to minority party ratio in the House.
United States · United States Congress · 31 May 1984
Expresses the sense of Congress that television and radio networks and stations broadcasting coverage of the XXIII Olympiad should include public service announcements or other informational programming warning young people of the dangers of alcohol and drug abuse.
United States · United States Congress · 17 May 1984
American Passbook Savings Act of 1984 - Amends the Internal Revenue Code to exclude from gross income up to $5,000 ($10,000 for joint returns) of the interest earned on a passbook savings account.
United States · United States Congress · 8 May 1984
National Wildflower Landscaping Act of 1984 - Directs the Secretary of Transportation to approve the planting of native wildflowers for landscaping and scenic enhancement of Federal-aid highways.