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Official portrait of Rep. Vanik, Charles A. [D-OH-22]

Rep. Vanik, Charles A. [D-OH-22]

United States · Official source

Memberships

  • · House of Representatives · present
  • D · D · present

Votes

No stored named vote for this person. House roll-calls come from Congress.gov; Senate member lists come from senate.gov LIS XML.

Bill· HRH.R. 8425 (96th)referred

A bill to amend the Tariff Schedules of the United States regarding the rate of duty that may be proclaimed by the President with respect to sugar imports.

United States · United States Congress · 4 December 1980

Amends the Tariff Schedules of the United States to authorize the President to proclaim a rate of duty not lower than .01 cents per pound raw value for specified sugar products. Stipulates that at the time of such finding the world price of sugar must exceed double: (1) the existing level of the domestic sugar loan program; or (2) if such program is suspended, its level at the time of suspension.

Resolution· HCONRESH.Con.Res. 435 (96th)referred

A concurrent resolution relating to the situation in Poland.

United States · United States Congress · 19 September 1980

Expresses the sense of the Congress that the peaceful resolution of the Polish workers' strike contributes to international peace. Encourages implementation of the strike settlement without outside interference.

Law· HRH.R. 8081 (96th)open

A bill to establish the "United States Holocaust Memorial Council.".

United States · United States Congress · 4 September 1980

Establishes the United States Holocaust Memorial Council which shall: (1) provide and encourage appropriate ways for the Nation to observe the Days of Remembrance to commemorate the holocaust; (2) plan, erect, and oversee the operation of a memorial museum to the victims of the holocaust; and (3) develop a plan for carrying out the recommendations of the report submitted to the President on September 27, 1979, by the President's Commission on the Holocaust. Authorizes the Council to receive public land in the District of Columbia on which it may erect the memorial. Terminates the Council's authority to construct a memorial if the erection of the memorial has not commenced within five years of enactment of this Act and sufficient funds to ensure completion of the memorial have not been certified to be available. Authorizes appropriations to carry out this Act.

Resolution· HCONRESH.Con.Res. 423 (96th)referred

A concurrent resolution relating to the situation in Poland.

United States · United States Congress · 27 August 1980

Urges the peaceful resolution of issues raised by Polish workers in accordance with international agreements. Requests the Polish government to release persons unjustly imprisoned during recent worker unrest. Asks all signatories to observe the Declaration on Principles Guiding Relations between Participating States.

Law· HRH.R. 7942 (96th)open

A bill to approve and implement the protocol to the trade agreement relating to customs valuation, and for other purposes.

United States · United States Congress · 18 August 1980

Approves the Protocol to the Agreement on Implementation of Article VII (Customs Valuation) of the General Agreement on Tariffs and Trade and the administrative action implementing such agreement. Authorizes the President to accept such Protocol if each major industrial country also accepts such Protocol. Makes such Protocol applicable only with regard to other countries which have accepted the obligations of such Protocol and are not otherwise denying adequate trade benefits to the United States. Specifies the relationship of such Protocol to U.S. law. Amends the Tariff Act of 1930, as amended by the Trade Agreements Act of 1979, to repeal a provision for accepting the transaction value, for purposes of customs valuation, of imported merchandise in a sale between a related buyer and seller if such value approximates the transaction value in sales to unrelated buyers of identical merchandise produced in a different country. Amends the Tariff Schedules of the United States to make technical revisions in the tariff classifications of various chemicals. Authorizes the President to proclaim tariffs on specified chemicals. Subjects specified chemicals to any staged rate reductions proclaimed by the President for other specified chemical classifications.

Bill· HRH.R. 7910 (96th)referred

A bill to provide a system for adjusting depreciation schedules for tax purposes so as to ensure the vitality of key industries.

United States · United States Congress · 31 July 1980

States Congressional findings with respect to the need to increase the productivity of American industry and to provide more realistic depreciation schedules for American industry. States the purpose of this Act as the establishment of a system for the adjustment of depreciation schedules to aid American industries. Establishes a National Council for Industrial Innovation and Reconstruction (Council). Requires the Council and the Secretary of the Treasury to seek information and advice from the private sector with respect to depreciation schedules and their impact on specific industries and their workers. Directs the Secretary to form representative industry advisory committees for the purpose of obtaining expert advice and information on depreciation reform. Specifies that provisions of the Federal Advisory Committee Act shall apply to the Council and all advisory committees formed by the Secretary. Provides for the confidentiality of trade secrets and privileged commercial or financial information which is submitted to the Council by the private sector. Requires the Council to hold public hearings during the first calendar quarter of 1980, 1981, and 1982 on depreciation schedules then in effect and on requests for adjustments to such schedules. Directs the Secretary to review the recommendations of the Council. Limits the amount of revenue loss from such adjustments in the depreciation schedules to $15,000,000 for a specified five year period. Sets forth factors which the Council and the Secretary shall consider in making their recommendations for adjustments to the depreciation schedules. Directs the Secretary to submit a report to Congress on the impact of this Act in encouraging the modernization, structural adjustment, and expansion of American industry.

Resolution· HCONRESH.Con.Res. 376 (96th)referred

A concurrent resolution relative to Japan-United States trade.

United States · United States Congress · 25 June 1980

Expresses the sense of Congress that the present level of the trade deficit with Japan is intolerable and threatens the future of trade between our nations. Urges Japan to cooperate in correcting such deficit.

Bill· HRH.R. 7541 (96th)referred

A bill to amend the Internal Revenue Code of 1954 with respect to offsetting positions in personal property.

United States · United States Congress · 10 June 1980

Amends the Internal Revenue Code to postpone the recognition of losses, for income tax deduction purposes, which are generated from the sale of certain types of personal property (commodities other than those used in a taxpayer's business, evidences of indebtedness, and other types of personal property other than stock in a corporation) which are offset by the purchase of other personal property from which a gain is recognized. Provides that any loss which exceeds gain from the holding of such offsetting positions may not be recognized for the period during which a taxpayer holds such offsetting positions, plus 30 days. Provides that the running of the required holding period for capital assets shall be tolled during the same period. Defines "offsetting positions" to mean that there is a substantial reduction of the taxpayer's risk of loss from holding any position with respect to personal property because the taxpayer also holds one or more other positions with respect to personal property (commonly referred to as a "straddle"). Creates a rebuttable presumption that two or more positions are offsetting if the positions are customarily treated as straddles, the aggregate margin requirement for such positions is lower than the sum of the margin requirement for each such position, or there are other factors, as determined by the Secretary of the Treasury pursuant to regulations, which indicate that such positions are offsetting. Provides that obligations of the United States, a State or local government, or a U.S. possession, issued on a discount basis and payable without interest in less than one year shall be treated as capital assets in determining tax consequences of gain or loss with respect to such obligations.

Resolution· HRESH.Res. 689 (96th)passed

A resolution expressing the sense of the House that it offer its congratulations to Americans who participated in the second Olympic Winter Games for the Physically Disabled in Cielo, Norway and to the organizations who helped to promote the event.

United States · United States Congress · 29 May 1980

Extends the congratulations of the House of Representatives to members of the 1980 handicapped Olympic team and recognizes specified organizations for their efforts in producing the second winter Olympics for the physically handicapped.

Bill· HRH.R. 7148 (96th)referred

Handgun Crime Control Act of 1979

United States · United States Congress · 23 April 1980

Handgun Crime Control Act of 1979 - Title I: Amendments to Chapter 44, Title 18, United States Code, Gun Control - Amends the Gun Control Act of 1968 to revise and add definitions used in the Act. Defines "handgun" to include handgun parts. Defines "Department" to mean the Department of Justice (current law is under the authority of the Secretary of the Treasury). Prohibits non-licensees from engaging in the business of repairing firearms or ammunition. Stipulates that certain otherwise lawful activities, such as the returning of a firearm by a licensee to the person from whom it was received and the mailing of a firearm to a licensee for the purpose or repair, shall be unlawful with respect to "easily concealable handguns" (that is, those handguns not approved by the Attorney General under this Act). Prohibits the loan or rental of an easily concealable handgun to another person for temporary use for lawful sporting purposes. Prohibits a licensee from selling a handgun to a person who does not appear in person at the licensee's business premises. Prohibits a licensee from selling or delivering a firearm or ammunition to any person if such sale or delivery violates a public ordinance at the place of residence of the purchaser. Revises the statement which must be submitted to a licensee by a purchaser not appearing at such licensee's business premises to provide that such purchaser be 18 years of age with respect to all firearms (current law requires a purchaser of any firearm other than a shotgun or rifle to be 21 years of age). Prohibits a licensee from manufacturing, assembling, selling, or transferring any handgun, other than a curio or relic, which has not been approved by the Attorney General. Prohibits any person from transferring such a handgun unless such person has reasonable cause to believe that the handgun has been approved. Excepts the mailing of handguns to comply with approved standards under certain circumstances. Prohibits the modification of an approved handgun resulting in the failure of such handgun to meet the approved standards. Revises the current prohibition against certain classes of individuals transporting a firearm or ammunition in interstate commerce to: (1) extend such prohibition to possession or receipt of any firearm or ammunition; and (2) include as additional categories illegal aliens, persons dishonorably discharged from the Armed Forces, and persons who have renounced their United States citizenship. Includes such categories in the current prohibition against selling a firearm or ammunition to certain classes of individuals. Prohibits any person from transporting a firearm or ammunition in interstate or foreign commerce in violation of a State law in a place to or through which the firearm was transported. Prohibits a licensee from transferring three or more handguns to the same non-licensee within a period of one year, without prior approval of the Attorney General. Prohibits a non-licensee from receiving three or more handguns within one year without such approval. Prohibits any person who has knowledge of the loss, theft, or disappearance of a handgun in his or her control or possession to fail to report such incident to a law enforcement officer and the Attorney General. Specifies the circumstances under which a person in lawful possession of a license or permit to: (1) carry handguns issued under a State licensing or permit granting program approved by the Attorney General may purchase or receive a handgun in any State from a licensed dealer or non-licensee; and (2) purchase handguns issued under an approved program, may purchase or receive a handgun in the State issuing the license or permit. Directs the Attorney General to review State laws providing for licenses or permits to carry or purchase handguns and to certify as approved those satisfying specified requirements. Specifies the circumstances under which (except as provided by other sections of the Act) a licensed dealer or non-licensee may transfer a handgun to another non-licensee. Sets new annual licensing fees of $5,000 for a manufacturer or importer of handguns, $500 for a dealer in handguns, $100 for a dealer in ammunition for handguns that is not also used in rifles, and $100 for a dealer who is a gunsmith. Prohibits a pawnbroker from being licensed as a dealer in handguns or handgun ammunition and such dealers from conducting business from the premises of a pawnbroker. Imposes additional requirements for the approval of a license application by the Attorney General. Increases from 45 to 90 days the period in which an application must be approved or denied. Authorizes the Attorney General, after notice and opportunity for hearing, to suspend or revoke a license, or subject a licensee who violates any provision of the Act to a civil penalty of up to $10,000 per violation. Sets forth new recordkeeping requirements for licensed importers, manufacturers, and dealers in handguns. Provides for the transfer of records where a licensee loses his or her license, transfers the business to another person, or in any way ceases doing business. Directs the Attorney General to appoint a 15-member Handgun Criteria Commission to develop criteria for the evaluation of handgun models according to frame size and other appropriate factors for determining whether such models are easily concealable, have potential for criminal use, or are particularly suitable for sporting purposes. Requires the Commission to submit a report containing such criteria within one year of enactment and to evaluate biannually the effectiveness of existing criteria. Directs the Attorney General to revise the criteria upon a determination by the Commission that handguns satisfying existing criteria are significantly involved in handgun crime. Requires final criteria to be transmitted to Congress, which may disapprove by resolution the criteria within 60 days of continuous session. Directs the Attorney General to approve for manufacture, importation, or transfer any handgun model which satisfies the established criteria after representative samples of such model are evaluated and tested. Authorizes exceptions with respect to handguns which are particularly appropriate for law enforcement purposes. Directs the Attorney General, prior to the time that criteria have been established, to evaluate samples of all handgun models and approve for manufacture, importation, or transfer handgun models which meet specified requirements. Sets forth procedures for the administrative review of a finding that a sample submitted has failed to meet the approved standards. Requires the Attorney General to publish at least semiannually in the general register a list of handgun models which have been tested and the test results. Deems approved any handgun model not in manufacture on or after October 21, 1968, and which has not been tested. Revises the penalties under such Act. Disallows, with respect to a person who uses or carries a firearm during the commission of any felony and receives an additional sentence, the suspension of such sentence, the giving of probation, or the concurrent running of a term of imprisonment (under current law such prohibitions apply only to a second or subsequent offense). Sets forth a mandatory period of parole ineligibility for such offense, unless the court finds specified mitigating circumstances. Makes any person (including a licensee) who negligently sells or transfers a handgun in violation of this Act civilly liable for the death or injury suffered by an individual as a result of the use of the handgun by the transferee in the commission of an offense that causes death or personal injury to that individual. Stipulates that certain exceptions to the provisions of the Act shall only apply with respect to handguns which have been approved by the Attorney General in accordance with the Act. Allows a mental incompetent to be relieved from the disabilities of the Act with respect to the possession, acquisition, or transfer of firearms upon specific findings by a court. Authorizes the Attorney General to permit the importation of approved handguns. Directs the Attorney General to make annual grants for each fiscal year and supplemental grants at his or her discretion for compensation of victims of handgun crime to qualifying State programs for the compensation of victims of handgun crime. Specifies eligibility criteria for such programs and the amount of authorized payments. Requires the Attorney General to submit annual reports to the congressional judiciary committees concerning such programs. Establishes a nine-member Advisory Committee on Victims of Handgun Crime to advise the Attorney General on the administration of the programs and policies relating to the compensation of victims of handgun crimes. Title II: Gun Control Functions Transferred to Attorney General - Transfers to the Attorney General all functions of the Secretary of the Treasury under the Gun Control Act of 1968. Authorizes the President to transfer additional functions of other agencies to the Department which relate to the functions transferred by this Act. Establishes within the Department of Justice the Firearms Safety and Abuse Control Administration to administer the functions of the Attorney General under the Gun Control Act of 1968. Directs the Attorney General to transmit to Congress as part of the annual report of the Department of Justice a report on the activities of the Administration. Title III: Miscellaneous Provisions - Amends the Federal criminal code to increase from 45 to 90 days the period in which an application for a user permit or a license to import, manufacture, or deal in explosive materials must be approved or denied. Authorizes the Attorney General, after notice and opportunity for hearing, to suspend or revoke a license, or subject a licensee who violates any statutory requirement to a civil penalty of up to $10,000 per violation. Directs the Postal Service to promulgate regulations for the conveyance of handguns in the mails. Directs the Advisory Commission on Intergovernmental Relations established by the Act of September 24, 1959, in consultation with the United States Conference of Mayors, the National League of Cities, and representatives of Federal, State, and local law enforcement agencies, to report within six months of enactment on: (1) intergovernmental problems in controlling illicit handgun traffic; and (2) the effectiveness of the Omnibus Crime Control and Safe Streets Act of 1968 and the Gun Control Act of 1968. Repeals title VII of the Omnibus Crime Control and Safe Streets Act (relating to the receipt, possession, or transportation of firearms by felons, veterans dishonorably discharged, mental incompetents, illegal aliens, and persons renouncing their United States citizenship). Makes this Act effective 120 days after enactment, with specified exceptions.

Bill· HRH.R. 6783 (96th)reported

A bill to authorize appropriations for the United States International Trade Commission, the United States Customs Service, and the Office of the United States Trade Representative for fiscal year 1981, and for other purposes.

United States · United States Congress · 11 March 1980

Amends the Tariff Act of 1930 to authorize appropriations for fiscal year 1981 for the United States International Trade Commission. Prohibits the use of such funds for making studies at the request of any executive branch agency, unless such agency reimburses the Commission. Amends the Customs Procedural Reform and Simplification Act of 1978 to authorize appropriations for fiscal year 1981 for the United States Customs Service. Prohibits the use of such funds to pay overtime in excess of a specified amount and to implement a collection procedure that shortens the maximum deferment procedure. Authorizes additional appropriations as necessary for pay rate changes. Amends the Airport and Airway Development Act of 1970 to increase the maximum charge for overtime services performed for private aircraft or vessels arriving in or departing the United States during fiscal year 1981. Provides for fees which sufficiently reimburse the United States for providing such services after September 30, 1981. Amends the Trade Act of 1974 to authorize appropriations for the Office of the United States Trade Representative for fiscal year 1981. Authorizes additional appropriations as necessary for pay rate changes.

Bill· HRH.R. 6632 (96th)referred

Research Revitalization Act of 1980

United States · United States Congress · 26 February 1980

Research Revitalization Act of 1980 - Amends the Internal Revenue Code to permit a taxpayer engaged in a trade or business an income tax credit equal to 25 percent of the cash contributions made by such taxpayer to a reserve fund established to finance research or experimentation related to the taxpayer's business. Limits the total amount of such credit to five percent of the taxable business income of the taxpayer for the taxable year. Exempts such reserve fund from income taxation. Allows an income tax deduction for research expenses paid out of the reserve fund during the taxable year. Specifies that research financed pursuant to this Act shall be performed by an institution of higher education. Prescribes tax penalties for the use of funds from the research reserve for purposes other than research and experimentation.

Bill· HRH.R. 6219 (96th)referred

Oil Import Act of 1980

United States · United States Congress · 20 December 1979

Oil Import Act of 1980 - Directs the President to submit to the Congress an annual report containing estimates of domestic energy production and demand and estimates of energy imports into, and exports from, the United States. Requires that such report contain an explanation of any significant variance between any estimate included in such report for the previous year and the actual production, demand, imports, exports, or other activity, that occurred during such preceding year. Authorizes the Secretary of Energy to issue subpenas requiring the production of documents or the attendance of witnesses for purposes of obtaining information on which to base such estimates. Directs the President to establish quotas on petroleum and petroleum imports and sets forth the method for determining the level of such quotas. Requires the President to submit to the Congress for its approval a document setting forth such quotas and makes such quotas effective unless disapproved by both Houses of Congress by concurrent resolution, in which case the President is required to resubmit new quotas for such congressional review. Authorizes the President to lift such quotas for reasons of national security, natural disaster, supply disruption, or emergency energy need created by unusual weather conditions. Exempts from such quota any petroleum or petroleum products imported for storage in any strategic reserve. Establishes an import quota for such items for calendar year 1985. Directs the President to monitor and control such imports, subject to congressional approval. Establishes procedures to be followed in the event of an import shortfall. Sets forth provisions concerning the administration of this Act, including actions to prevent circumvention, enforcement of quotas, consequential changes in the tariff schedules, and quota reviews. Directs the United States International Trade Commission to monitor the domestic petroleum refining industry and make periodic public reports on the data resulting therefrom. Amends the Trade Expansion Act of 1962 to prohibit the President from adjusting petroleum and petroleum product except in specified circumstances. Makes conforming amendments to the Trade Act of 1974.

Bill· HRH.R. 6174 (96th)referred

Federal Oil Import Corporation Act

United States · United States Congress · 18 December 1979

Federal Oil Import Corporation Act - Establishes a nonprofit corporation to be known as the Federal Oil Import Corporation, to be managed by a Board of Directors to be appointed by the President with the advice and consent of the Senate. Establishes an Advisory Council to the Corporation, composed of officers of specified Federal agencies and departments, to meet periodically with the Corporation to discuss matters and activities of the Corporation pertaining to the various departments and agencies represented. Directs the Corporation to act as purchasing authority for: (1) the importation into the United States of crude oil and petroleum products; (2) crude oil produced outside the United States for sale to qualified buyers who intend to refine it outside the United States for future importation into the United States; and (3) crude oil petroleum products produced outside the United States for sale to the Strategic Petroleum Reserve. Directs the Corporation to sell the crude oil and petroleum products it has acquired: (1) only to qualified buyers free on board at point of purchase; and (2) exclusively for importation into the United States. Requires a qualified buyer to be: (1) a U.S. citizen; (2) a person organized or existing under the laws of any State or of the United States; or (3) an agency or instrumentality of the United States of any State. Directs the Corporation to use the knowledge and experience gained by it to aid the Department of Energy in regulating and overseeing the activities of corporations and other persons importing crude oil and petroleum products into the United States. Sets forth the powers of and restrictions on the Corporation. Directs the Corporation to annually report to Congress. Provides for an annual audit of the Corporation. Establishes a Public Energy Fund in the Treasury of the United States into which shall be deposited revenues from activities of the Corporation. Provides that such funds, including appropriated funds as authorized by the Congress, shall be used by the Corporation for carrying out this Act. Makes it a crime for any officer, employee, or person acting for or on behalf of the United States or any department or agency thereof to prematurely disclose information concerning crude oil or petroleum products required to be withheld from publication until a fixed time or to speculate directly or indirectly in any such product by buying or selling the same in quantity before such information is made public through regular official channels. Repeals the standby purchase authority of the President under the Emergency Petroleum Allocation Act of 1973.

Bill· HRH.R. 6109 (96th)referred

A bill to authorize the President to impose higher or additional rates of duty on the products of any foreign country that does not cooperate with the United States in its diplomatic or economic initiative to terminate actions by any other foreign country that violate international law with respect to United States diplomatic personnel.

United States · United States Congress · 12 December 1979

Authorizes the President to impose higher or additional duties on the products of any country which is not cooperating with the United States in its diplomatic or economic initiatives to terminate the unlawful actions of other foreign governments regarding U.S. citizens assigned to a U.S. diplomatic mission.

Bill· HRH.R. 6021 (96th)referred

A bill to amend the Congressional Budget Act of 1974 to limit the levels of total budget outlays and tax expenditures contained in concurrent resolutions on the budget; and to establish procedures for making loans and loan guarantees under Federal credit programs subject to the congressional budget process.

United States · United States Congress · 4 December 1979

Title I: Limitation on Future Growth of Federal Spending and Tax Expenditures - Federal Spending and Tax Expenditure Control Act of 1979 - Amends the Congressional Budget Act of 1974 to prohibit the adoption of any concurrent resolution on the budget which sets forth a level of total budget outlays and total tax expenditures in excess of 28.5 percent of the gross national product in fiscal year 1981, 28 percent of the gross national product in fiscal year 1982, or 27.5 percent of the gross national product in any fiscal year thereafter. Establishes procedures to enable the President and the Congress to suspend such limitations on budget outlays and tax expenditures. Title II: Federal Credit Program Control - Federal Credit Program Control Act of 1979 - Declares that the purpose of this Act is to provide a basis for controlling loans and loan guarantees under Federal credit programs through the congressional budget process. Requires the first concurrent resolution on the budget for each fiscal year to set forth the appropriate level of total gross obligations for the principal amount of direct loans and the appropriate level of total commitments to guarantee loans and to allocate such totals among the major functional categories of the budget. Directs each standing committee of the House and Senate to submit its estimates of direct loan obligations and loan guarantee commitments provided for in legislation under its jurisdiction by March 15 of each year for consideration of the Budget Committees in formulating the budget resolution. Directs the House and Senate Banking Committees to submit recommendations to the Budget Committees for the aggregate levels of direct loans and loan guarantees in each fiscal year. Requires the joint explanatory statement accompanying a conference report on the concurrent resolution on the budget to include an estimated allocation of the total levels of direct loan obligations and loan guarantee commitments among the committees of the House and Senate. Directs the Committees on Appropriations to provide such an allocation among their subcommittees as soon as practicable after a budget resolution has been agreed to. Requires the House Committee on Appropriations, before reporting any regular appropriations bills, to submit a summary report to the House comparing the credit authority contained in such bills to the levels agreed to in the budget resolution. Requires any report accompanying legislation conferring new budget authority or increasing tax expenditures to include information on direct loan obligations and loan guarantee commitments. Establishes a deadline for the completion of action on legislation providing credit authority. Requires the second concurrent resolution on the budget in any fiscal year and the reconciliation process to take into account Federal obligations and commitments on loans and loan guarantees. Declares out of order any measure brought up for consideration in either House which would increase the level of loan obligations and guarantee commitments agreed to in the budget process. Requires any authority to guarantee the payment of any indebtedness to be contingent on provisions in appropriation Acts.

Law· HRH.R. 6029 (96th)open

A bill providing for the implementation of the International Sugar Agreement, 1977, and for other purposes.

United States · United States Congress · 4 December 1979

Authorizes the President to implement the International Sugar Agreement, 1977, by: (1) regulating the entry of sugar from any country not a member of the International Sugar Organization; and (2) requiring records and reports concerning the entry of sugar. Establishes criminal penalties for violating such regulations. Requires the President to submit to Congress an annual report on the Agreement.

Bill· HRH.R. 5881 (96th)referred

Basic Research Revitalization Act of 1979

United States · United States Congress · 14 November 1979

Basic Research Revitalization Act of 1979 - Amends the Internal Revenue Code to permit a taxpayer engaged in a trade or business an income tax credit equal to 25 percent of the cash contributions made by such taxpayer to a reserve fund established to finance basic research in the scientific or engineering fields. Limits the total amount of such credit to five percent of the taxable business income of the taxpayer for the taxable year. Exempts such reserve fund from income taxation. Allows an income tax deduction for the basic research expenses paid out of the reserve fund during the taxable year. Specifies that research financed pursuant to this Act shall be performed by an institution of higher education, and that the results of such research must be made public not later than one year after such research is made available to the taxpayer.

Resolution· HCONRESH.Con.Res. 208 (96th)referred

A concurrent resolution expressing the sense of the Congress that the Ambassador of the United States to the United Nations should take such steps as are necessary to bring the matter of the seizure of the United States Embassy in Tehran before either the Security Council, as a threat to the maintenance of international peace and security, or the General Assembly, in order that the community of nations may take any and all action which is necessary to bring this breach of international law to an immediate end.

United States · United States Congress · 8 November 1979

Expresses the sense of Congress that the U.S. Ambassador to the United Nations bring the matter of the seizure of the U.S. Embassy in Tehran, Iran, before the United Nations.

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