PoliticalRepoPoliticalRepo

Person

Official portrait of Rep. Widnall, William B. [R-NJ-7]

Rep. Widnall, William B. [R-NJ-7]

United States · Official source

Records

105 records where Rep. Widnall, William B. [R-NJ-7] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· HRH.R. 17350 (93rd)referred

Equal Credit Opportunity Act Amendments

United States · United States Congress · 11 October 1974

Equal Credit Opportunity Act Amendments - Prohibits discrimination on the basis of age in the granting of credit.

Bill· HRH.R. 17283 (93rd)referred

Market Efficiency Study Act

United States · United States Congress · 10 October 1974

Market Efficiency Study Act - Establishes a Commission on Economic Efficiency. States that it shall be the duty of the Commission to conduct a study and investigation to determine the extent of, and to formulate recommendations for removing, all public and private barriers to an efficient markets economy. Requires that, in carrying out its duty with respect to public barriers, the Commission shall examine and consider the elimination, retention, or modification of: (1) direct subsidies; (2) indirect subsidies, including tax subsidies; (3) production and marketing quotas; (4) price-support programs; (5) stockpiling programs; (6) prevailing wage determination programs; (7) excessive or counterproductive regulation of transportation, cummunication, or fuels and resources; (8) import quotas and voluntary import curtailment agreements; (9) retail price maintenance programs; and (10) such other barriers as the Commission shall determine interfere substantially with operation of an efficient market economy. Stipulates that in examining private barriers to free market economy the Commission should take into account the need for: (1) divestiture in or reorganization of noncompetitive industries; (2) improved enforcement and administration of antitrust laws, including the transfer of all enforcement responsibilities to an idependent Federal agency; (3) the removal of artificial barriers to employment; and (4) such other barriers as the Commission shall determine interfere substantially with the operation of an efficient market economy. States that the Commission shall also make such recommendations as may be appropriate for the provision of adjustment assistance for employees who suffer economic injury as a result of the implementation of the Commission's recommendations. Authorizes appropriations of up to $3,000,000 to carry out the provisions of this Act.

Bill· HRH.R. 17050 (93rd)referred

Emergency Housing Finance Assistance Act

United States · United States Congress · 3 October 1974

Emergency Housing Finance Assistance Act - Declares the finding of the Congress that: (1) inflationary conditions affecting the economy and necessary actions to curb inflation have had a disproportionately severe impact upon housing and related industries, and this impact has persisted despite a number of governmental measures adopted to date; and (2) pending development and implementation of other possible measures in the restoration of eocnomic stability, there is an urgent need for additional housing assistance authority which, through maximum use of existing mechanisms, can be immediately implemented to mitigate hardships and ameliorate conditions in the housing industry that could have serious adverse consequences for the economy as a whole. Directs the Secretary of Housing and Urban Development, in order to carry out the purpose of this Act, subject to such conditions as he may prescribe consistent with the provisions of this Act, to authorize the Government National Mortgage Association, pursuant to commitments or otherwise, to purchase, service, sell (with or without recourse) or otherwise deal in mortgages which are not insured or guaranteed by any Federal agency or authority within the meaning of its authority under the National Housing Act and which have an original principal obligation which does not exceed $45,000 per family residence or dwelling unit. Provides that such Association shall have, with respect to any mortgages purchased under this Act, all the powers and authorities specified in the National Housing Act with respect to mortgages eligible for purchase by the Association under such Act. Provides that the purchase by the Association of any mortgage originated more than one year prior to such purchase shall be subject to such conditions or certifications as the Secretary may require to assure that the proceeds of the transaction or equivalent funds are used by the seller for additional mortgage lendings in furtherance of the purpose of this Act. Authorizes such Association to guarantee securities based on pools or trusts of mortgages assisted under this Act, as provided in the National Housing Act with respect to federally insured or guaranteed mortgages, and to act as issuer of such guaranteed securities. Provides that the total amount of outstanding purchases and commitments authorized by the Secretary to be made pursuant to this Act shall not exceed $8,000,000,000 at any one time. Provides that no mortgages shall be purchased under this Act after October 31, 1976, except pursuant to a commitment issued on or before such date.

Bill· HRH.R. 16970 (93rd)referred

Capital Markets Advisory Committee Act

United States · United States Congress · 1 October 1974

Capital Markets Advisory Committee Act - Expresses the findings of Congress, including that a united and national approach is essential to correct costly distortions within credit markets and to assist financial institutions in allocating credit to productive and essential investments. States that, under the authority of the Defense Production Act of 1950, the President, acting through the Board of Governors of the Federal Reserve System, shall convene a Capital Markets Advisory Committee to develop criteria for advising financial institutions as to which demands on the credit markets merit priority in lending. Enumerates the types of loans to be given priority consideration, including loans: (1) for the construction or expansion of plant and equipment in basic industries where it can be shown that productive capacity is presently insufficient or where substantial increases in demand for essential goods or services can be reasonably anticipated; (2) for the construction or expansion of plant and equipment necessary to improve energy and materials conservation and the environment; and (3) for the production, processing, and orderly distribution of agricultural commodities and products. Authorizes to be appropriated such sums as may be necessary to carry out the purposes of this Act. States that the authority conferred under this Act shall terminate on December 31, 1976.

Bill· HRH.R. 16425 (93rd)passed

Anti-Inflation Act

United States · United States Congress · 14 August 1974

Anti-Inflation Act - Authorizes the President to establish, within the Executive Office of the President, a Cost of Living Task Force to: (1) review and analyze industrial capacity, demand, and supply in various sectors of the economy, working with the industrial groups concerned and appropriate governmental agencies to encourage price restraint; (2) work with labor and management in the various sectors of the economy having special economic problems, as well as with appropriate government agencies, to improve the structure of collective bargaining and the performance of those sectors in restraining prices; (3) improve wage and price data bases for the various sectors of the economy to improve collective bargaining and encourage price restraint; (4) conduct public hearings necessary to provide for public scrutiny of inflationary problems in various sectors of the economy; (5) focus attention on the need to increase productivity in both the public and private sectors of the economy; (6) monitor the economy as a whole by acquiring, as appropriate, reports on wages, costs, productivity, prices, sales, profits, imports, exports, and interest rates, and rents; (7) review the programs and activities of Federal departments and agencies and the private sector which may decrease supply and increase prices; and (8) evaluate the inflationary effects of international transactions. Authorizes to be appropriated $1,000,000 for fiscal year 1975 to carry out the purposes of this Act.

Bill· HRH.R. 16410 (93rd)referred

Anti-inflation Act

United States · United States Congress · 13 August 1974

Anti-inflation Act - Authorizes the President to establish, within the Executive Office of the President, a Cost of Living Task Force to: (1) review and analyze industrial capacity, demand, and supply in various sectors of the economy, working with the industrial groups concerned and appropriate governmental agencies to encourage price restraint; (2) work with labor and management in the various sectors of the economy having special economic problems, as well as with appropriate government agencies, to improve the structure of collective bargaining and the performance of those sectors in restraining prices; (3) improve wage and price data bases for the various sectors of the economy to improve collective bargaining and encourage price restraint; (4) conduct public hearings necessary to provide for public scrutiny of inflationary problems in various sectors of the economy; (5) focus attention on the need to increase productivity in both the public and private sectors of the economy; and (6) monitor the economy as a whole by acquiring, as appropriate, reports on wages, costs, productivity, prices, sales, profits, imports, and exports; (7) review the programs and activities of Federal departments and agencies and the private sector which may decrease supply and increase prices; and (8) evaluate the inflationary effects of international transactions. Authorizes to be appropriated $1,000,000 for fiscal year 1975 to carry out the purposes of this Act.

Resolution· HCONRESH.Con.Res. 565 (93rd)referred

Concurrent resolution for negotiations on the Turkish opium ban.

United States · United States Congress · 17 July 1974

Expresses the sense of the House of Representatives that the President should (1) immediately initiate negotiations at the highest level of the Turkish Government to prevent the resumption of opium production; and (2) if such negotiations prove unfruitful, exercise the authority provided by the Congress under the Foreign Assistance Act, to terminate all assistance to the Government of Turkey.

Resolution· HRESH.Res. 1222 (93rd)referred

Resolution providing for the consideration of House Resolution 988.

United States · United States Congress · 10 July 1974

Provides that immediately upon the adoption of this resolution the House shall resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the resolution (H. Res. 988), a resolution to reform the structure, jurisdiction, and procedures of the committees of the House of Representatives by amending rules X and XI of the Rules of the House of Representatives. States that after general debate, which shall be confined to the resolution and shall continue not to exceed three hours, to be equally divided and controlled by the chairman and ranking minority member of the Select Committee on Committees, the resolution shall be read for amendment under the five-minute rule. Stipulates that, at the conclusion of the consideration of the resolution for amendment, the Committee shall rise and report the resolution to the House with such amendments as may have been adopted, and the previous question shall be considered as ordered on the resolution and amendments thereto to final passage without intervening motion except one motion to recommit.

Bill· HRH.R. 15465 (93rd)passed

A bill to provide for increased participation by the United States in the International Development Association and to permit U.S. citizens to purchase, hold, sell, or otherwise deal with gold in the United States or abroad.

United States · United States Congress · 18 June 1974

Authorizes to be appropriated without fiscal year limitation four annual installments of $375,000,000 each for payment by the Secretary of the Treasury to the International Development Association. Repeals the prohibitions on purchasing, holding, selling, or otherwise dealing in gold in the United States or abroad, effective either on December 31, 1974, or at any time prior to such date that the President finds and reports to Congress that private ownership of gold will not adversely affect the U.S. monetary position.

Bill· HRH.R. 15361 (93rd)passed

Housing and Urban Development Act

United States · United States Congress · 13 June 1974

Housing and Urban Development Act - Title I: Community Development Block Grants - Authorizes the Secretary of Housing and Urban Development to make grants to States and Units of general local government to help finance Community Development Programs. Authorizes the Secretary to incur obligations for such grants of up to $8,050,000,000 until July 1, 1977. Authorizes $100,000,000 for each of fiscal years 1975, 1976, and 1977 for grants to general local government units for urgent community development needs. Requires grant applicants to: (1) formulate community development programs and housing assistance plans; (2) operate such programs in accordance with the Civil Rights Act of 1964 and Public Law 90-284 (relating to fair housing); and (3) inform affected citizens of the various aspects of the program. Requires an annual review and audit to determine if grantees are carrying out their programs as required by this Act. Authorizes the Secretary to release funds for projects to applicants who assume all of the responsibilities of environmental review, decision making, and action pursuant to the Environmental Policy Act that would otherwise apply to the Secretary. States that community development programs approved under this title may include: (1) acquisition of real property that is deteriorating or useful for public purposes; (2) installation of public works facilities; (3) rehabilitation of buildings; and (4) provisions for health, social, counseling and training services under activities within this title. Prescribes the allocation of grant funds under this title, including a ratio to determine amounts for individual cities which relates to poverty and housing overcrowding in the city. Requires that 80 percent of the non-urgent grant funds go to metropolitan areas. Prescribes the full "hold-harmless" amount of a metropolitan city or urban county under this title. Preserves a discretionary grant fund for special projects, including new communities, United States territories, and diaster-caused development needs. Authorizes the guarantee of notes or other obligations of general local government units for acquisition of real property for community development programs. Prohibits discrimination based upon race, color, national origin, or sex under programs funded by this title. Sets wage standards for labor performed under contracts funded by this title. Requires the termination or reduction of funds to grantees failing to comply with this title. Allows judicial review of such actions. Allows 20 percent of the urgent-need grants to be applied toward the payment of principal and interest on temporary loans made to a local government unit under the Housing Act of 1949. Permits continuance of local building codes (where assistance is sought under this Act) whose standards are as high or higher than those required by this Act. Provides for the employment of low-income persons under programs approved by this title. Title II: Assisted Housing - Authorizes assistance, under the United States Housing Act of 1937, to low-income families. Allows public housing agencies to make assistance payments for the use of existing dwelling units. Allows assistance payments for contracts with owners or prospective owners who construct or rehabilitate housing which will be used at least in part for low-income families. Allows the Secretary to enter into contracts with public housing agencies by which they may assist owners or prospective owners of units over which such agencies assume management. Requires such assistance contracts to set a maximum monthly rent, according to prescribed guidelines. Disallows material differences in rents for assisted housing and comparable unassisted housing. Sets forth a time limit on such contracts for assistance payments. Reserves all ownership, management, and maintenance responsibilities in the owners. Requires 30 percent of families assisted under this title to be "very low-income" families. Requires the Secretary to insure that special projects for the handicapped authorized under the United States Housing Act of 1937 provide quality services and management consistent with the needs of the occupant. Prohibits the approval of a housing assistance plan under the United States Housing Act of 1937, the National Housing Act, or the Housing and Urban Development Act of 1965 unless the general local government unit certifies that such assistance is consistent with a housing assistance plan approved under title I of this Act. Requires the allocation of assistance under provisions of the above-mentioned laws according to rates of poverty, overcrowding, and substandard housing. Makes public housing agencies eligible as mortgagors under the National Housing Act's provisions relating to housing for moderate income and displaced families. Specifies minimum rentals for low-rent housing under the United States Housing Act of 1937. Requires the establishment of sound management practices by public housing agencies. Increases the annual contribution to public housing to maintain low rents to $400,000,000 for fiscal year 1973 and $965,000,000 for fiscal year 1974. Extends the home ownership, cooperative and rental mortgage provisions of the National Housing Act until June 30, 1975. Makes special provision for housing assistance to American Indians, the elderly and handicapped, and to areas where assistance is otherwise unavailable. Title III: Mortgage Credit Programs - Extends the regular FHA insurance programs and the interest rate authority for veterans' home loans. Increases the maximum mortgage amount under the FHA one-to four-family and multifamily mortgage insurance programs. Makes changes in downpayment requirements for regular FHA one-to four-family mortgages. Provides for FHA insured financing on resale of cooperative dwellings. Increases the amounts and time limits on home improvement loans. Permits the co-insurance of any mortgage, advance, or loan in addition to co-insurance otherwise provided by this Act. Prohibits the issuance of such insurance until it is determined that such co-insurance demonstration program will not disrupt the mortgage market or reduce the availability of mortgage credit to borrowers who depend upon mortgage insurance under this Act. Prohibits the purchase of mortgages by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation if the outstanding principal balance of the mortgage at the time of purchase exceeds 80 percent of the value of the property. Eliminates the provisions of Federal law concerning the retirement of common and preferred stock in FNMA. Prohbits sex discrimination in Federal mortgage assistance payments under this title. Adds osteopathic and podiatric facilities to the provisions of the National Housing Act regarding mortgage insurance for group practice facilities. Title IV: Rural Housing - Allows loans for the repair and improvement of rural dwellings to make them safe and sanitary (where the borrower does not otherwise qualify) of up to $5,000. Extends veterans preference to rural housing programs under the Housing Act of 1949. Authorizes funds for loan programs for rural housing programs. Authorizes direct and insured loans to provide housing and related facilities for elderly persons and families in rural areas. Authorizes direct and insured loans to provide condominium housing for low-and moderate-income families in ruarl areas. Permits the Secretary to make loans to public or private nonprofit organizations for the acquisition and development of land as building sites to be subdivided and sold to families, nonprofit organizations, public agencies, and cooperatives. Allows borrowers, under provisions of the Housing Act of 1949, to prepay taxes and insurance to the Secretary, who will hold such payments in escrow and pay them out at the appropriate time. Provides for contracts with public or private nonprofit organizations to provide information and technical assistance, provided such private nonprofit organizations are sponsored by a State or local government entity. States that such information and assistance shall relate to construction, rehabilitation, and operation of low-and moderate-income housing, as well as counseling on household management and budgeting. Authorizes loans and insurance for rental or cooperative housing for persons and families of low income in multifamily housing projects, as well as assistance payments to owners of such rental housing to make available to such persons such housing at rates not exceeding 25 percent of their incomes. Title V: Miscellaneous - States that it is the purpose of this part to encourage the formation of State development agencies which have authority to carry out development activities designed to: (1) provide housing and related facilities for persons and families of low and moderate income; (2) promote the sound growth and development of neighborhoods through the revitalization of slum and blighted areas; and (3) increase and improve employment opportunities for the unemployed and underemployed through the development and redevelopment of industrial, manufacturing, and commercial facilities. Permits the guarantee of bonds, debentures, notes and other obligations issued by State development agencies to finance development activities described in the purposes of this title. Establishes a revolving fund to provide for timely payment of liabilities incurred as a result of such guarantees. Allows supplementary grants for projects assisted by the National Foundation on the Arts and Humanities. Includes waste disposal facilities among eligible land improvements. Authorizes appropriations for comprehensive urban planning. Title VI: Consumer Home Mortgage Assistance - Consumer Home Mortgage Assistance Act - States that savings and loan associations are authorized to invest an amount, not exceeding the greater of the sum of its surplus, undivided profits, and reserves or 5 percent of its assets, in loans or in interests therein the principal purpose of which is to provide financing with respect to what is or is expected to become primarily residential real estate within one hundred miles of their home office or within the State in which such office is located. Increase the amount that may be loaned by such associations on single family dwellings from $45,000 to $55,000. Permits any national banking association to make real estate loans secured by liens upon unimproved real estate, upon improved real estate, including improved farmland and improved business and residential properties, and upon real estate to be improved by a building or buildings to be constructed or in the process of construction, in an amount which when added to the amount unpaid upon prior mortgages, liens, encumbrances, if any, upon such real estate does not exceed the respective proportions of appraised value as provided in this title. States that the amount of any such loan hereafter made shall not exceed 66 2/3 percent of the appraised value if such real estate is unimproved, 75 percent of the appraised value if such real estate is improved by offsite improvements such as as streets, water, sewers, or other utilities, 75 percent of the appraised value if such real estate is in the process of being improved by a building or building to be constructed or in the process of construction, or 90 percent of the appraised value if such real estate is improved by a building or buildings. Allows national banking associations to make real estate loans secured by liens upon forest tracts with are properly managed in all respects. Limits the amount that Federal Credit Unions may loan to it directors and members of it supervisory credit committee to $2,500 without approval of the board of directors. Allows such credit unions to establish two-member investment committees. Prescribes meeting frequencies and procedures for credit committees of such credit unions. Provides termination procedures for insured credit unions.

Bill· HRH.R. 15362 (93rd)referred

Housing and Urban Development Act

United States · United States Congress · 13 June 1974

Housing and Urban Development Act - Title I: Community Development Block Grants - Authorizes the Secretary of Housing and Urban Development to make grants to States and Units of general local government to help finance Community Development Programs. Authorizes the Secretary to incur obligations for such grants of up to $8,050,000,000 until July 1, 1977. Authorizes $100,000,000 for each of fiscal years 1975, 1976, and 1977 for grants to general local government units for urgent community development needs. Requires grant applicants to: (1) formulate community development programs and housing assistance plans; (2) operate such programs in accordance with the Civil Rights Act of 1964 and Public Law 90-284 (relating to fair housing); and (3) inform affected citizens of the various aspects of the program. Requires an annual review and audit to determine if grantees are carrying out their programs as required by this Act. Authorizes the Secretary to release funds for projects to applicants who assume all of the responsibilities of environmental review, decision making, and action pursuant to the Environmental Policy Act that would otherwise apply to the Secretary. States that community development programs approved under this title may include: (1) acquisition of real property that is deteriorating or useful for public purposes; (2) installation of public works facilities; (3) rehabilitation of buildings; and (4) provisions for health, social, counseling and training services under activities within this title. Prescribes the allocation of grant funds under this title, including a ratio to determine amounts for individual cities which relates to poverty and housing overcrowding in the city. Requires that 80 percent of the non-urgent grant funds go to metropolitan areas. Prescribes the full "hold-harmless" amount of a metropolitan city or urban county under this title. Preserves a discretionary grant fund for special projects, including new communities, United States territories, and diaster-caused development needs. Authorizes the guarantee of notes or other obligations of general local government units for acquisition of real property for community development programs. Prohibits discrimination based upon race, color, national origin, or sex under programs funded by this title. Sets wage standards for labor performed under contracts funded by this title. Requires the termination or reduction of funds to grantees failing to comply with this title. Allows judicial review of such actions. Allows 20 percent of the urgent-need grants to be applied toward the payment of principal and interest on temporary loans made to a local government unit under the Housing Act of 1949. Permits continuance of local building codes (where assistance is sought under this Act) whose standards are as high or higher than those required by this Act. Provides for the employment of low-income persons under programs approved by this title. Title II: Assisted Housing - Authorizes assistance, under the United States Housing Act of 1937, to low-income families. Allows public housing agencies to make assistance payments for the use of existing dwelling units. Allows assistance payments for contracts with owners or prospective owners who construct or rehabilitate housing which will be used at least in part for low-income families. Allows the Secretary to enter into contracts with public housing agencies by which they may assist owners or prospective owners of units over which such agencies assume management. Requires such assistance contracts to set a maximum monthly rent, according to prescribed guidelines. Disallows material differences in rents for assisted housing and comparable unassisted housing. Sets forth a time limit on such contracts for assistance payments. Reserves all ownership, management, and maintenance responsibilities in the owners. Requires 30 percent of families assisted under this title to be "very low-income" families. Requires the Secretary to insure that special projects for the handicapped authorized under the United States Housing Act of 1937 provide quality services and management consistent with the needs of the occupant. Prohibits the approval of a housing assistance plan under the United States Housing Act of 1937, the National Housing Act, or the Housing and Urban Development Act of 1965 unless the general local government unit certifies that such assistance is consistent with a housing assistance plan approved under title I of this Act. Requires the allocation of assistance under provisions of the above-mentioned laws according to rates of poverty, overcrowding, and substandard housing. Makes public housing agencies eligible as mortgagors under the National Housing Act's provisions relating to housing for moderate income and displaced families. Specifies minimum rentals for low-rent housing under the United States Housing Act of 1937. Requires the establishment of sound management practices by public housing agencies. Increases the annual contribution to public housing to maintain low rents to $400,000,000 for fiscal year 1973 and $965,000,000 for fiscal year 1974. Extends the home ownership, cooperative and rental mortgage provisions of the National Housing Act until June 30, 1975. Makes special provision for housing assistance to American Indians, the elderly and handicapped, and to areas where assistance is otherwise unavailable. Title III: Mortgage Credit Programs - Extends the regular FHA insurance programs and the interest rate authority for veterans' home loans. Increases the maximum mortgage amount under the FHA one-to four-family and multifamily mortgage insurance programs. Makes changes in downpayment requirements for regular FHA one-to four-family mortgages. Provides for FHA insured financing on resale of cooperative dwellings. Increases the amounts and time limits on home improvement loans. Permits the co-insurance of any mortgage, advance, or loan in addition to co-insurance otherwise provided by this Act. Prohibits the issuance of such insurance until it is determined that such co-insurance demonstration program will not disrupt the mortgage market or reduce the availability of mortgage credit to borrowers who depend upon mortgage insurance under this Act. Prohibits the purchase of mortgages by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation if the outstanding principal balance of the mortgage at the time of purchase exceeds 80 percent of the value of the property. Eliminates the provisions of Federal law concerning the retirement of common and preferred stock in FNMA. Prohbits sex discrimination in Federal mortgage assistance payments under this title. Adds osteopathic and podiatric facilities to the provisions of the National Housing Act regarding mortgage insurance for group practice facilities. Title IV: Rural Housing - Allows loans for the repair and improvement of rural dwellings to make them safe and sanitary (where the borrower does not otherwise qualify) of up to $5,000. Extends veterans preference to rural housing programs under the Housing Act of 1949. Authorizes funds for loan programs for rural housing programs. Authorizes direct and insured loans to provide housing and related facilities for elderly persons and families in rural areas. Authorizes direct and insured loans to provide condominium housing for low-and moderate-income families in ruarl areas. Permits the Secretary to make loans to public or private nonprofit organizations for the acquisition and development of land as building sites to be subdivided and sold to families, nonprofit organizations, public agencies, and cooperatives. Allows borrowers, under provisions of the Housing Act of 1949, to prepay taxes and insurance to the Secretary, who will hold such payments in escrow and pay them out at the appropriate time. Provides for contracts with public or private nonprofit organizations to provide information and technical assistance, provided such private nonprofit organizations are sponsored by a State or local government entity. States that such information and assistance shall relate to construction, rehabilitation, and operation of low-and moderate-income housing, as well as counseling on household management and budgeting. Authorizes loans and insurance for rental or cooperative housing for persons and families of low income in multifamily housing projects, as well as assistance payments to owners of such rental housing to make available to such persons such housing at rates not exceeding 25 percent of their incomes. Title V: Miscellaneous - States that it is the purpose of this part to encourage the formation of State development agencies which have authority to carry out development activities designed to: (1) provide housing and related facilities for persons and families of low and moderate income; (2) promote the sound growth and development of neighborhoods through the revitalization of slum and blighted areas; and (3) increase and improve employment opportunities for the unemployed and underemployed through the development and redevelopment of industrial, manufacturing, and commercial facilities. Permits the guarantee of bonds, debentures, notes and other obligations issued by State development agencies to finance development activities described in the purposes of this title. Establishes a revolving fund to provide for timely payment of liabilities incurred as a result of such guarantees. Allows supplementary grants for projects assisted by the National Foundation on the Arts and Humanities. Includes waste disposal facilities among eligible land improvements. Authorizes appropriations for comprehensive urban planning. Title VI: Consumer Home Mortgage Assistance - Consumer Home Mortgage Assistance Act - States that savings and loan associations are authorized to invest an amount, not exceeding the greater of the sum of its surplus, undivided profits, and reserves or 5 percent of its assets, in loans or in interests therein the principal purpose of which is to provide financing with respect to what is or is expected to become primarily residential real estate within one hundred miles of their home office or within the State in which such office is located. Increase the amount that may be loaned by such associations on single family dwellings from $45,000 to $55,000. Permits any national banking association to make real estate loans secured by liens upon unimproved real estate, upon improved real estate, including improved farmland and improved business and residential properties, and upon real estate to be improved by a building or buildings to be constructed or in the process of construction, in an amount which when added to the amount unpaid upon prior mortgages, liens, encumbrances, if any, upon such real estate does not exceed the respective proportions of appraised value as provided in this title. States that the amount of any such loan hereafter made shall not exceed 66 2/3 percent of the appraised value if such real estate is unimproved, 75 percent of the appraised value if such real estate is improved by offsite improvements such as as streets, water, sewers, or other utilities, 75 percent of the appraised value if such real estate is in the process of being improved by a building or building to be constructed or in the process of construction, or 90 percent of the appraised value if such real estate is improved by a building or buildings. Allows national banking associations to make real estate loans secured by liens upon forest tracts with are properly managed in all respects. Limits the amount that Federal Credit Unions may loan to it directors and members of it supervisory credit committee to $2,500 without approval of the board of directors. Allows such credit unions to establish two-member investment committees. Prescribes meeting frequencies and procedures for credit committees of such credit unions. Provides termination procedures for insured credit unions.

Bill· HRH.R. 15122 (93rd)referred

Barrier-Free Transportation Act

United States · United States Congress · 30 May 1974

Barrier-Free Transportation Act - Requires transportation facilities manufactured, constructed, or renovated with Federal funds under the Urban Mass Transportation Act to comply with minimum standards, to be effective not later than January 1, 1976, of accessibility and safety for the elderly and the handicapped.

Bill· HRH.R. 14908 (93rd)referred

Equal Credit Opportunity Act

United States · United States Congress · 21 May 1974

Equal Credit Opportunity Act - States that it is the purpose of this Act to require that financial institutions and other firms engaged in the extension of credit make that credit equally available to all creditworthy customers without regard to sex or marital status. Makes it unlawful for any creditor to discriminate against any applicant on the basis of sex or marital status. Defines the terms used in the Act. Directs the Board of Governors of the Federal Reserve System to prescribe regulations to carry out the purposes of this Act. Makes changes in specified Acts of Congress in order to make those Acts comply with the purposes of this Act. Directs the Federal Trade Commission to enforce the requirements of this Act to the extent that they will not be enforced by another Government agency after enactment of this Act. Provides for the assessment by a United States District Court of actual and punitive damages in any action brought against a violator of this Act.

Resolution· HRESH.Res. 1127 (93rd)referred

A resolution to condemn terrorist killings to schoolchildren in Israel.

United States · United States Congress · 16 May 1974

Expresses the sense of the House of Representatives that (1) it most strongly condemns all acts of terrorism in the Middle East; (2) the President and the Secretary of State should and are hereby urged and requested to (a) call upon all governments to condemn this inhuman act of violence against innocent victims; and (b) strongly urge the governments who harbor these groups and individuals to take appropriate action to rid their countries of those who subvert the peace through terrorism and senseless violence; and (3) the President should request the American Ambassador to the United Nations to take appropriate action before that body in order to have introduced a Security Council resolution condemning this brutal act of violence.

Resolution· HRESH.Res. 1115 (93rd)referred

A resolution to condemn acts of Arab terrorism.

United States · United States Congress · 16 May 1974

Directs that the United States seek all means by which the civilized world may cut off from contact with civilized mankind any peoples or any nation giving sanctuary, support, sympathy, aid, or comfort to acts of murder and terrorism such as those just committed by Lebanese terrorists and that the Clerk of the House be directed to communicate these sentiments and expressions to the Secretary of State for appropriate transmittal.

Bill· HRH.R. 14490 (93rd)referred

Housing and Urban Development Act

United States · United States Congress · 30 April 1974

Housing and Urban Development Act - Title I: Community Development Block Grants - Authorizes the Secretary of Housing and Urban Development to make grants to States and units of general local government to help finance Community Development Programs. Authorizes the Secretary to incur obligations for such grants of up to $8,050,000,000 until July 1, 1977. Authorizes $100,000,000 for each of fiscal years 1975, 1976, and 1977 for grants to general local government units for urgent community development needs. Requires grant applicants to: (1) formulate community development programs and housing assistance plans; (2) operate such programs in accordance with the Civil Rights Act of 1964 and Public Law 90-284 (relating to fair housing) and (3) inform affected citizens of the various aspects of the program. Requires annual reviews and audits to determine if grantees are carrying out their programs as required by this Act. States that community development programs approved under this title may include: (1) acquisition of real property that is deteriorating or useful for public purposes; (2) installation of public works facilities; (3) rehabilitation of buildings; and (4) provisions for health, social counseling, and training services under activities within this title. Prescribes the allocations of grant funds under this title, including a ratio to determine amounts for individual cities which relates to poverty and housing overcrowding in the city. Requires that 80 percent of the non-urgent grant funds go to metropolitan areas. Prescribes the full "hold-harmless" amount of a metropolitan city or urban county under this title. Prescribes a discretionary grants fund for special projects, including new communities, United States territories, and disaster-caused development needs. Authorizes the guarantee of notes or other obligations of general local government units for acquisition of real property for community development programs. Prohibits discrimination based upon race, color, national origin, or sex under programs funded by this title. Sets wage standards for labor performed under contracts funded by this title. Requires the termination or reduction of funds to grantees failing to comply with this title. Allows judidical review of such actions. Allows 20 percent of the urgent-need grants to be applied toward the payment of principal and interest on temporary loans made to a local government unit under the Housing Act of 1949. Provides for the employment of low-income persons under programs approved by this title. Title II: Assisted Housing - Authorizes assistance, under the United States Housing Act of 1937, to low-income families. Allows public housing agencies to make assistance payments for the use of existing dwelling units. Allows assistance payments for contracts with owners or prospective owners who construct or rehabilitate housing which will be used at least in part for low-income families. Requires such assistance contracts to set a maximum monthly rent, according to prescribed guidelines. Sets forth a time limit on such contracts for assistance payments. Preserves all ownership, management, and maintenance responsiblilities in the owners. Requires 30 percent of families assisted under this title to be "very low-income" families. Requires the Secretary to insure that special projects for the handicapped authorized under the United States Housing Act of 1937 provide quality services and management consistent with the needs of the occupant. Prohibits the approval of a housing assistance plan under the United States Housing Act of 1937, the National Housing Act, or the Housing and Urban Development Act of 1965 unless the general local government unit certifies that such assistance is consistent with a housing assistance plan approved under title I of this Act. Requires the allocation of assistance under provisions of the above-mentioned laws according to rates of property, overcrowding, and substandard housing. Makes public housing agencies eligible as mortgagors under the National Housing Act's provisions relating to housing for moderate income and displaced families. Specifies minimum rentals for low-rent housing under the United States Housing Act of 1937. Requires the establishment of sound management practices by public housing agencies. Increases the annual contribution to public housing to maintain low rents to $400,000,000 for fiscal year 1973 and $965,000,000 for fiscal year 1974. Extends the home ownership, cooperative and rental mortgage provisions of the National Housing Act until June 30, 1975. Title III: Mortage Credit Programs - Extends the regular FHA insurance programs and the interest rate authority for veterans' home loans. Increases the maximum mortgage amounts under the FHA one to four-family and multifamily mortgage insurance programs. Makes changes in downpayment requirements for regular FHA one to four-family mortgages. Increases the amounts and time limits on home improvement loans. Permits the co-insurance of any mortgage, advance, or loan in addition to co-insurance otherwise provided by this Act. Prohibits the issuance of such insurance until it is determined that such co-insurance demonstration program will not disrupt the mortgage market or reduce the availability of mortgage credit to borrowers who depend upon mortgage insurance under this Act. Prohibits the purchase of mortgages by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation if the outstanding principal balance of the mortgage at the time of purchase exceeds 80 percent of the value of the property, with specifed exceptions. Eliminates the provisions of Federal law concerning the retirement of common and preferred stock in FNMA. Prohibits sex discrimination in Federal mortgage assistance payments under this title. Title IV: Rural Housing - Allows loans for the repair and improvement of rural dwellings to make them safe and sanitary (where the borrower does not otherwise qualify) of up to $500. Extends veterans preference to rural housing programs under the Housing Act of 1949. Authorizes funds for loan programs for rural housing programs. Authorizes direct and insured loans to provide housing and related facilities for elderly persons and families in rural areas. Authorizes direct and insured loans to provide condominium housing for low-and moderate-income families in rural areas. Title V: Miscellaneous - States that it is the purpose of this part to encourage the formation of State development agencies which have broad and flexibile authority to carry out development activities designed to: (1) provide housing and related facilities for persons and families of low and moderate income, (2) promote the sound growth and development of neighborhoods through the revitalization of slum and blighted areas, and (3) increase and improve employment opportunities for the unemployed and underemployed through the development and redevelopment of industrial, manufacturing, and commercial facilities. Permits the guarantee of bonds, debentures, notes and other obligations issued by State development agencies to finance development activities described in the purposes of this title. Establishes a revolving fund to provide for timely payment of liabilities incurred as a result of such guarantees. Allows supplementary grants for projects assisted by the National Foundation on the Arts and Humanities. Includes waste disposal facilities among eligible land improvements. Authorizes appropriations for comprehensive urban planning.

Bill· HRH.R. 14387 (93rd)referred

Barrier Free Environments Act

United States · United States Congress · 25 April 1974

Barrier Free Environments Act - Provides, under provisions of the Internal Revenue Code relating to itemized deductions for individuals and corporations, that a taxpayer may elect to treat qualified architectural and transportational barrier removal expenses which are paid or incurred by him during the taxable year as expenses which are not chargeable to capital account and the expenditures so treated shall be allowed as a deduction. Defines the term "architectural and transportational barrier removal expense" as an expenditure for the purpose of making any facility owned or leased by the taxpayer for use in connection with his trade or business more accessible to, and usable by, handicapped and elderly individuals.

Resolution· HRESH.Res. 1069 (93rd)referred

Resolution to commend and congratulate Henry Aaron.

United States · United States Congress · 25 April 1974

States that the House of Representatives salutes Henry Aaron as an "All-American Good Guy" and extends to him the congratulations, esteem, and affection of the House.

Bill· HRH.R. 14218 (93rd)referred

A bill to provide for increases in appropriation ceilings and boundary changes in certain units of the National Park System, to authorize appropriations for additional costs of land acquisition for the National Park System.

United States · United States Congress · 11 April 1974

Title I: Acquisition Ceiling Increases - Provides for increases in appropriation ceilings for the acquisition of specified units of the National Park System. Title II: Development Ceiling Increases - Increases the limitations on appropriations for development of specified units of the National Park System. Title III: Boundary Changes - Directs the Secretary of the Interior to revise the boundaries of specified units of the National Park System. Title IV: Miscellaneous Provisions - Authorizes the Secretary to acquire by donation, purchase, or exchange and to develop specified National Park lands. Authorizes to be appropriated to the Secretary up to $100,000 to conduct studies to determine the cause and extent of the damage to the foundation of the historic structures of the San Juan National Historic Site. Authorizes to be appropriated up to $8,400,000 in addition to available funds, for moving costs, relocation benefits, and other expenses incurred pursuant to the applicable provisions of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Provides that whenever an owner of property, to be acquisitioned to the National Park System, elects to retain a right of use and occupancy, such owner shall be deemed to have waived the relocation benefits and displaced person status accorded by the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970.

Bill· HRH.R. 14080 (93rd)referred

Housing Act for Older Americans and the Handicapped

United States · United States Congress · 9 April 1974

Housing Act for Older Americans and the Handicapped - States the finding of the Congress that among the low-income people of the Nation, millions of our elderly and many handicapped persons, unable to perform to the extent of providing their essential needs for a suitable living environment, are unnecessarily suffering in need for assistance. Makes it the purpose of this Act to give appropriate and positive support to the elderly and the handicapped, by making available a Federal housing assistance program. States that it is the intent of Congress that a community's planning, development, and management activities, directly or indirectly supported by Federal programs, will permit and encourage participation by elderly and handicapped persons so that the needs and potential contributions of these special groups can be readily acknowledged. Provides, under the provisions of the United States Housing Act of 1937, that for the purpose of providing more adequate assistance to low income elderly and handicapped individuals, each public housing agency under such Act shall, to the maximum extent consistent with the achievement of the objectives of such Act, and supplemental to other provisions of such Act which make specific reference to the elderly and the handicapped, provide housing for such individuals in accordance with this Act. Requires that at least 25 percent of the total amount of contracts for annual contribution contracts entered into in any fiscal year under such Act shall be entered into with respect to units of low-rent housing specially designed for the elderly or the handicapped in accordance with this Act. Requires that multifamily housing projects assisted under such Act for the predominant or exclusive use of elderly or handicapped individuals shall be specifically designed to accomodate the special environmental needs of the intended occupant, and be in appropriate support of, and supported by, applicable plans of a State, the District of Columbia, Puerto Rico and possessions of the United States, or of a subdivision within any State, which respond to Federal program requirements. Requires that public housing agencies under such Act, where practicable, contract for the use of dwelling units in a manner which will promote the efficient provision of needed services to elderly and handicapped individuals, as in a community's comprehensive plan for the aged or the handicapped. Authorizes a public housing agency, notwithstanding any otherwise applicable limit on the number of units which could be contracted for in any structure, to enter into lease contracts with the owners of structures containing dwelling units predominantly or exclusively for occupancy by elderly or handicapped families for the use of all or some of such units in accordance with the provisions of this Act.

Bill· HRH.R. 13902 (93rd)referred

A bill to amend the National Traffic and Motor Vehicle Safety Act of 1966 to prohibit the Secretary of Transportation from imposing certain seatbelt standards, and for other purposes.

United States · United States Congress · 2 April 1974

Directs the Secretary of Transportation under the provisions of the National Traffic and Motor Vehicle Safety Act of 1966 to regulate seatbelt standards to prohibit motor vehicles from being equipped with starter interlock systems.

Bill· HRH.R. 13650 (93rd)referred

Food Commodity Program Amendment

United States · United States Congress · 20 March 1974

Food Commodity Program Amendment - Allows the Secretary of Agriculture, notwithstanding any other provision of law, to purchase agricultural commodities and their products to maintain the 1973 level of assistance to food assistance programs. Authorizes the use of the funds of the Commodity Credit Corporation for such purposes.

Bill· HRH.R. 13646 (93rd)referred

Food Commodity Program Amendment

United States · United States Congress · 20 March 1974

Food Commodity Program Amendment - Directs the Secretary of Agriculture to use funds for the exportation and domestic consumption of agricultural products to purchase, without regard to the provisions of existing law governing the expenditure of public funds, agricultural commodities and their products to maintain the 1973 level of assistance for food assistance programs as are authorized by law, including but not limited to school lunch, institutions, Indian reservations not requesting a food stamp program, supplemental feeding, and domestic relief distribution. Provides that if the stocks of the Commodity Credit Corporation are not available, the Secretary may use the funds of the Corporation to purchase agricultural commodities and the products thereof under the Agricultural Act of 1949 to meet such requirements.

Bill· HRH.R. 12945 (93rd)referred

Urban Mass Transportation Amendments Act

United States · United States Congress · 21 February 1974

Urban Mass Transportation Amendments Act - Authorizes the Secretary of Transportation to incur obligations on behalf of the United States for urban mass transportation in the form of grant agreements or otherwise in amounts not to exceed $7,400,000,000. States that of this sum, the Secretary shall apportion to the Governors of the fifty States and Puerto Rico and to the Mayor of the District of Columbia $700,000,000 for fiscal year 1975, $800,000,000 for fiscal year 1976, and $900,000,000 for fiscal year 1977. Declares that these amounts shall become available upon the effective date of this Act and shall remain available until obligated. Authorizes sums to be appropriated for liquidation of the obligation incurred under this Act not to exceed $1,260,000,000 prior to July 1, 1974, not to exceed an aggregate of $1,860,000,000 prior to July 1, 1975, and not to exceed an aggregate of $7,400,000,000 thereafter. Provides that administration reservations for grants authorized under this Act shall not exceed $700,000,000 for fiscal year 1975. Declares that on the first day of fiscal years 1975, 1976, and 1977, the Secretary shall apportion the authorized sums to the Governors in the ratio which the population in urbanized areas, or parts thereof, as designated by the Bureau of the Census, in each State bears to the total population in such urbanized areas, or parts thereof, in all the States as shown by the latest available Federal census. Sets forth an allocation formula for such funds. Provides that sums apportioned to any Governor under this Act, shall be available for obligation by that Governor for a period of two years after the close of the fiscal year for which such sums are apportioned, and any amounts so apportioned remaining unobligated at the end of such period shall lapse and shall be returned to the Treasury of the United States for deposits as miscellaneous receipts. States that the Secretary may approve as a project under this Act, on such terms and conditions as he may prescribe: (1) the acquisition, construction, and improvement of facilities and equipment for use, by operation or lease or otherwise, in mass transportation service, (2) the payment of operating expenses to improve such service, and (3) mass transportation related projects. Declares that the Federal share payable on account of any project financed with funds available under this Act shall not exceed 80 percent of the cost of the project. Provides that funds available for the payment of operating expenses to improve mass transportation service shall be supplementary to and not in substitution for the average amount of the State and local government funds expended on the operation of mass transportation service for the two Federal fiscal years preceding the fiscal year for which the project was intended. Sets forth the procedure for approving programs under this Act including surveys, plans, specifications estimates, and public hearings. Permits the Secretary to discharge any of his responsibilities under this Act for projects upon the request of any Governor, by accepting a certification by the Governor, or his designee, if he finds projects will be carried out in accordance with State laws, regulations, directives, and standards establishing requirements at least equivalent to those contained in, or issued pursuant to, this Act. Provides that as soon as practicable after the plans, specifications, and estimates for a specific project have been approved, the Secretary shall enter into a formal project agreement with the Governor. Declares that the development of projects under this Act shall be based upon a continuing, cooperative, and comprehensive planning process covering all modes of surface transportation.

Bill· HRH.R. 12566 (93rd)referred

National Homestead Act

United States · United States Congress · 5 February 1974

National Homestead Act - Directs the Secretary of Housing and Urban Development to compile a catalog of all unoccupied single-family dwellings in urban and other areas within the United States which are owned by him or his Department, and which would be suitable for occupancy and rehabilitation by qualified low and moderate-income families. Requires the Secretary to take such steps as may be necessary to assure that the residents of each community or area in which any such dwelling is located will be fully and currently informed of the existence, nature, and location of such dwellings. States that an applicant is qualified, for the purposes of participation in the program under this Act with respect to any dwelling, only if he or she: (1) is eighteen years of age or older; (2) is the head of his or her household; (3) is a citizen of the United States; (4) has not previously participated in the program; (5) is not the owner of any other real property; and (6) possesses the financial, technical, and other resources which are necessary to rehabilitate such dwelling. Requires each applicant to enter into an agreement that, among other things, he or she will reside in the dwelling for a period of at least five years and will during such period rehabilitate and maintain the dwelling so that it satisfies all of the requirements of applicable State and local law. States that the conveyance of any dwelling to an applicant under this Act shall be made on a conditional basis, in return for the payment by such applicant of the aforementioned agreement. Provides that upon any material failure by the applicant to carry out his or her agreement entered into under this Act the conditional conveyance of title to such applicant shall be revoked. States that after the applicant has resided in the dwelling for the required five-year period and has rehabilitated and maintained it and otherwise complied with the terms of his or her agreement throughout such period, he shall be granted a fee simple title to such property.

Bill· HRH.R. 12112 (93rd)referred

A bill to amend section 401(j) of the Federal Aviation Act of 1958 to provide that no air carrier shall discontinue service, in whole or in part, unless such discontinuance is found to be in the public interest by the Civil Aeronautics Board after public hearings.

United States · United States Congress · 21 December 1973

Provides, under the Federal Aviation Act of 1958, that no air carrier shall discontinue service, in whole or in part, unless such discontinuance is found to be in the public interest by the Civil Aeronautics Board after public hearings.

Bill· HJRESH.J.Res. 864 (93rd)referred

Joint resolution to amend the Housing and Urban Development Act of 1968 to increase the limitation on the face amount of flood insurance coverage authorized to be outstanding and to extend the emergency flood insurance program.

United States · United States Congress · 13 December 1973

Provides under the Housing and Urban Development Act, for an increase in the limitation on the face amount of flood insurance coverage authorized to be outstanding. Extends the emergency flood insurance program through February 28, 1974.

Bill· HRH.R. 11852 (93rd)referred

Mortgage Market Assistance Act

United States · United States Congress · 7 December 1973

Mortgage Market Assistance Act - Title I: Downpayment Requirements and Maximum Mortgage Amounts Under Federal Housing Administration Programs - Provides for an increase in the downpayment requirements for Federal Housing Administration one-to-four-family mortgages. Increases the maximum mortgage amounts under such programs. Establishes increases in the maximum mortgage amounts under Federal Housing Administration multifamily mortgage insurance programs. Title II: Lending and Investment Powers, Federal Savings and Loan Associations - Authorizes Federal Savings and Loan Associations to invest an amount, not exceeding the greater of: (1) the sum of its surplus, undivided profits, and reserves; or (2) 5 percent of its assets, in loans or in interests therein the principal purpose of which is to provide financing with respect to what is or is expected to become primarily residential real estate within one hundred miles of their home office or within the State in which such office is located. Title III: Mortgage Corporations - Provides that no conventional mortgage shall be purchased by the Federal Home Loan Mortgage Corporation if the outstanding principal balance of the mortgage at the time of purchase exceeds 80 percent of the value of the property securing the mortgage. Requires financial institutions to warrant to the Corporation that for each dollar amount of mortgage loans purchased by the Corporation from the seller under a purchase contract, a dollar amount equal thereto will be advanced or committed in residential mortgage loans by the seller within one hundred and eighty days of the purchase contract. Title IV: National Banks - Authorizes any national banking association to make real estate loans secured by liens upon unimproved real estate, including improved farm land and improved business and residential properties, and upon real estate to be improved by a building or buildings to be constructed or in the process of construction. Increases the amount of such loans. Title V: Insured Loans to Provide Fire Safety Equipment for Nursing Homes and Intermediate Care Facilities - Authorizes the Secretary of Housing and Urban Development to make commitments to insure loans made by financial institutions to nursing homes and intermediate care facilities to provide for the purchase and installation of fire safety equipment necessary for compliance with the 1967 edition of the Life Sefety Code of the National Fire Protection Association or other such codes or requirements recognized by the Secretary of Health, Education, and Welfare as conditions of participation for providers of services under title XVIII (Medicare) and title XIX (Medicaid) of the Social Security Act. Title VI: Authorization for Public Housing Program - Authorizes an appropriation of $350,000,000 for fiscal year 1974 to carry out the public housing program.

Bill· HRH.R. 11421 (93rd)referred

Federal Election Campaign Act

United States · United States Congress · 13 November 1973

Federal Election Campaign Act - Prescribes formula for determing how much candidates for Federal elective office may spend in elections for all purposes, for communication media, and for broadcast media. Requires expenditures in excess of $100 on behalf of Presidential and Vice Presidential candidates to be approved by a representative of the party national committee. States that no authorized committee may accept contributions from other than individuals or political party organizations. Sets a $25,000 limit which such contributions may not exceed for a Presidential election and $5,000 for other Federal offices. Limits cash contributions to $100. Requires that contributions go only to the authorized committee of a candidate. Describes the purposes for which contributions may be expended. Requires reports from the authorized committees on their finances to be made to the Federal Election Commission. Establishes the Federal Election Commission as an independent establishment of the executive branch, which may require reports and testimony from persons, to initiate civil actions, and to present evidence of violations of this Act to a grand jury and to prosecute such violations. Prohibits election primaries before August 1 of any election year.

Bill· HJRESH.J.Res. 824 (93rd)referred

Joint resolution designating November 11 of each year as "Armistice Day".

United States · United States Congress · 13 November 1973

Designates November 11 of each year as "Armistice Day", and authorizes the President to annually issue a proclamation to observe such day in commemoration of the cessation of hostilities in Europe at the end of World War I.

Bill· HRH.R. 11328 (93rd)referred

National Child Abuse and Neglect Prevention and Treatment Act

United States · United States Congress · 7 November 1973

National Child Abuse and Neglect Prevention and Treatment Act - Title I: The National Center on Child Neglect and Abuse - Authorizes the Secretary of Health, Education, and Welfare to establish, within the Office of Human Development, the National Center on Child Neglect and Abuse. Authorizes to be appropriated for the purposes of this title $1,000,000 for fiscal year 1974 and $1,000,000 for each of the two succeeding fiscal years. Title II: State Plans for Child Neglect and Abuse Prevention and Treatment Programs - Directs the Secretary, through the center, to make grants to a designated State agency for the purpose of assisting the States and their political subdivisions in developing, strengthening, and carrying out child neglect abuse prevention and treatment programs. Defines the term child neglect and abuse. Authorizes to be appropriated $20,000,000 for each of the fiscal years 1974, 1975, and 1976 for the purposes of this title. Sets forth a formula for the Secretary to follow in allocating such funds among the States. States that in order for the designated State agency of a State to qualify for assistance under this title, such State must have a plan approved by the Secretary which embodies a program for preventing and treating cases of child neglect and abuse in all political subdivisions of the State. Directs the Secretary to prescribe such regulations as may be necessary or appropriate to carry out this title. Title III: Grants for Research, Training, and Demonstration Projects - Authorizes the Secretary to make grants to, and enter into contracts with, public agencies and/or nonprofit private agencies and organizations for the purpose of: (1) funding research programs designed to further the knowledge of how to prevent, identify, and treat instances of child neglect and abuse; (2) developing and establishing training programs for professional and paraprofessional personnel who are engaged in, or intend to work in, the field of prevention and/or treatment of child neglect and abuse; and (3) funding innovative projects which show promise of being successful in the prevention and/or treatment of child neglect and abuse cases. Authorizes to be appropriated for purposes of this title $5,000,000 for the fiscal year ending June 30, 1974, and $5,000,000 for each of the two succeeding fiscal years.

Bill· HRH.R. 11233 (93rd)referred

Energy-Daylight Conservation Act

United States · United States Congress · 1 November 1973

Energy- Daylight Conservation Act - States the purpose of this Act as being to avert or minimize the effects of the energy crisis by conserving energy by adopting year-round daylight savings time to be observed in all States. Repeals the provisions of the Uniform Time Act advancing the standard time during the last Sunday in April to the last Sunday in October. (Repeals 15 U.S.C. 260a)

Resolution· HRESH.Res. 676 (93rd)referred

Resolution to seek peace in the Middle East and to continue to support Israel's deterrent strength through transfer of Phantom aircraft and other military supplies.

United States · United States Congress · 31 October 1973

Declares it to be the sense of the House that the President, acting in accordance with the announced policy of the United States Government to maintain Israel's deterrent strength, and under existing authority, should continue to transfer to Israel the Phantom aircraft and other equipment in the quantities needed by Israel to repel the attack and to offset the military equipment and supplies furnished to the Arab States by the Soviet Union.

Bill· HRH.R. 10715 (93rd)referred

Employee Benefit Security Act

United States · United States Congress · 3 October 1973

Employee Benefit Security Act - Title I: Fiduciary Responsibility and Disclosure - Provides that this title shall apply to any employee benefit plan if it is established or maintained by any employer engaged in commerce or in any industry or activity affecting commerce, or by any industry or activity affecting commerce. Provides that the administrator of an employee benefit plan shall cause to be published in accordance with this Act to each participant or beneficiary covered thereunder a description of the plan and an annual financial report. States that such description shall be published within 120 days after such plan is established and shall be written in a manner calculated to be understood by the average plan participant. Provides that an annual report shall be published with respect to any employee beneift plan to which this title applies. Sets forth the information that shall be contained in such report. Provides that the administrator of any employee benefit plan subject to this Act shall file with the Secretary of Labor a copy of the plan description. States that the Secretary may reject any such filing after notice, hearing, and determination by the Secretary that such filing is incomplete for the purpose of this title. Requires the administrator of an employee pension benefit plan to furnish to any plan participant at least once each year a statement indicating: (1) whether or not such person has a nonforfeitable right to receive a benefit; (2) the amount of the benefits which have become nonforfeitable, or an estimate; and (3) the number of the priority under which such benefits would be distributed in the event of termination of the plan. Provides that the contents of the descriptions and regular annual reports filed with the Secretary pursuant to this title shall be public information. Provides for the bonding of persons who have fiduciary responsibilities under this title and of persons who handle funds or other property of an employee benefit plan. Sets forth the fiduciary responsibilities of the administrators of plans covered by this Act. Provides for the distribution of net assets of a pension benefit plan in the case of a plan's termination. Establishes an Advisory Council on Employee Welfare and Pension Benefit Plans to advise the Secretary with respect to the carrying out of this funcions under this title. Title II: Vesting - Provides that this title shall apply to any employee pension plan if it is established or maintained by an employer engaged in commerce or by such employer together with an employee organization representing employees engaged in commerce or in any industry or activity affecting commerce; or if such plan is established or maintained by any employer or by any employer together with any employee organization if, in the course of its activities, such plan, or indirectly, uses any means or instruments of transportation or communication in interstate commerce or the mails. Excludes from the coverage of this title any employee pension benefit plan if: it is administered by the Federal Government or by an agency or instrumentality of the Federal Government; it is established and maintained outside the United States primarily for the benefit of persons who are not citizens of the United States; or it provides contributions or benefits for a sole proprietor or, in the case of a partnership, a partner who owns more than 10 percent of either the capital interest or the profits in such partnership. Specifies that no pension plan subject to this title may provide as a condition of eligibility a period of service longer than 1 year or age higher than 25 years. Establishes certain nonforfeitable rights on the part of employees to receive benefits. Stipulates that in computing the period of service under a plan, the employee's entire service with the contributing employer must be considered, except in specified instances. Title III: Funding - Provides that this title applies to the same employee benefit pension plans as does title II and excluded from coverage, in addition to those plans excluded under title II, any plan which has a fixed contribution rate and does not provide an amount expected to be paid as a fixed benefit and any plan which is a profit-sharing plan providing benefits at or after retirement. Requires pension plans subject to this title to provide for contributions to the plan in amounts necessary to meet an amount equal to the normal cost since inception of the plan plus interest on any unfunded past service costs and to maintain a minimum ratio of assets to vested liabilities according to a schedule. Provides that when the contribution to a pension plan fall below the necessary amount, the administrator shall take such steps as are necessary to bring the level of funding into conformity with the benefits offered by the plan. States that no pension plan may merge, consolidate with, or transfer its assets to any other plan unless participants in both plans would receive a termination benefit immediately after such action which is equal to or greater than the termination benefit he would receive immediately before such action. Title IV: Plan Termination Insurance - Establishes the Private Pension Plan Termination Insurance Program which shall be administered by the Secretary of Labor. Requires every plan subject to this title to maintain plan termination insurance to cover unfunded vested liabilities. Authorizes the Secretary to provide such insurance. Provides that the insurance program shall insure participants and beneficiaries of those plans registered under this Act against loss of benefits derived from vested rights which arise from the termination of such plans. States that, upon registration with the Secretary, each plan shall pay a uniform assessment to the insurance program as prescribed by the Secretary to cover the administrative costs of the insurance program. Requires each registered pension plan to pay an annual premium for insurance at uniform rates established by the Secretary based upon the amount of unfunded vested liabilities subject to insurance. Sets limits for such premium for three years and allows discretion to the Secretary in determining it subsequently. Requires notice to the Secretary of plan termination and allows him to prescribe how funds of the plan shall be wound up and liquidated. States that persons who terminate a plan with intent to avoid the purposes of this act or in violation of this Act shall be personally liable for losses incurred thereby to the Pension Benefit Insurance Fund. Establishes a separate fund for pension benefit insurance to be known as the Pension Benefit Insurance Fund which shall be available to the Secretary without fiscal year limitation for the purposes of this title. Requires the Secretary to administer the fund. Title V: General Provisions - Establishes a Variation Appeals Board which shall hear and determine appeals from decisions denying grants of variations in accordance with procedures promulgated by the Secretary pursuant to regulation. Directs the Secretary to undertake research studies relating to pension plans. Provides penalties for violations of this Act. Requires the Secretary to submit an annual report to the Congress covering his administration of this Act for preceding year. Makes it unlawful for any person to discharge, fine, suspend, expel, discipline, or discriminate against a participant or beneficiary for exercising any right to which he is entitled under the provisions of the plan or this Act; or for any person through the use of fraud, force, or violence, or threat of the use of force or violence, to restrain, coerce, intimidate, or attempt to restrain, coerce, or intimidate any participant or beneficiary for the purpose of interfering with or preventing the exercise of any right to which he is or may become entitled under the plan, or this Act. Requires every administrator of a pension plan to which title II or III applies shall file with the Secretary an application for registration of such plan. States that if at any time the Secretary determines that a plan required to qualify under this title is not qualified or is no longer qualified for registration under this title, he shall notify the administrator, setting forth the deficiency or deficiencies in the plan or in its administration or operations and provide a reasonable time within which to remove such deficiency or deficiencies. If the Secretary thereafter determines that the deficiency or deficiencies have been removed, he shall issue or continue in effect the certificate, as the case may be. Provides that if he determines that the deficiency or deficiences have not been removed, he shall enter an order denying or canceling the certificate of registration. States that the Secretary may petition any district court of the United States for an order requiring the employer or other person responsible for the administration of such plan to comply with the requirements of this Act as will qualify such plan for registration or compel or recover the payment of required contributions, assessments, premiums, fees, or other moneys. Declares it to be the express intent of Congress that the provisions of titles II and III shall supersed any and all laws of the States as they may relate to the vesting of participant's benefits in employee benefit plans, the funding requirements for employee benefit plans or the adequacy of financing of employee benefit plans.

Bill· HRH.R. 10689 (93rd)referred

Private Mortgage Insurance Guarantee Act

United States · United States Congress · 2 October 1973

Private Mortgage Insurance Guarantee Act - Expresses the findings of Congress and sets forth the definitions of terms used in this Act. Authorizes the Secretary of Housing and Urban Development to guarantee private mortgage insurance contracts issued by eligible private mortgage insurers. States that such agreements shall contain such incontestability provisions and conditions as the Secretary shall determine, except that they shall not relieve a private mortgage insurer of its primary obligation to perform the guaranteed mortgage insurance contracts. Establishes in the Treasury a fund to be used as a revolving fund for the purposes of this Act. Authorizes the Secretary to issue notes if the fund moneys are insufficient. States that guarantee agreements made by the Secretary under this Act may provide for payment of claims to insured mortgagees in cash or debentures, or both. Provides for judicial review of claims under this Act. Requires any private mortgage insurer participating in a guarantee program to furnish the Secretary with such information as may be required by the Secretary. Authorizes to be appropriated such sums as may be necessary to carry out this Act.

Bill· HRH.R. 10688 (93rd)referred

Housing Act

United States · United States Congress · 2 October 1973

Housing Act - Title I: Direct Cash Assistance - Sets forth the findings of Congress and goals of the Housing and Urban Development Act. Authorizes an expansion of the Experimental Housing Allowance Program to initiate pilot programs of cash assistance for rental or homeownership expense. Authorizes the appropriation of such sums as may be necessary for carrying out this purpose. Permits the use of funds from the United States Housing Act of 1937 for making cash assistance payments for rental or home ownership expense. Title II: Mortgage Credit Assistance - Revised Housing Act - Sets forth the definitions of terms used in this Act. Requires that an insured mortgage be made by, and held by, a mortgagee approved by the Secretary of Housing and Urban Development as responsible and able to service the mortgage property. Provides that prior to July 1, 1977, the Secretary would be permitted to insure as a special risk a transaction involving experimental financing. Directs the Secretary to prescribe, with respect to specified mortgages, limitations as to the ratio between the principal amount of eligible mortgages or loans and the value, cost, or replacement cost of the properties. Provides for the interest rates on mortgages and loans insured under the Act. Requires that there be water and sewerage facilities serving newly constructed housing except where it was determined by the Secretary that it was not economically feasible. Authorizes the Secretary to use the General Insurance Fund and the Special Risk Insurance fund to carry out his obligations under this and other Acts. Authorizes the Secretary to: (1) fix an insurance premium charge; (2) collect an adjusted premium charge in the event a home or project mortgage was prepaid; (3) terminate any insurance contract upon request of the mortgagor and the mortgagee, and to require the payment of a termination charge. Authorizes the Secretary to insure financial institutions against losses in making improvement loans, mobile home loans, and historic residential structure preservation loans. Prescribes the terms for home improvement loans, refinancing, property standards, contract provisions and waiver of requirements. Provides the requirements a home mortgage must meet to be eligible for insurance, including that: (1) the mortgage must require complete amortization payments which, not in excess of the mortgagor's ability to pay, and must have a maximum term within such limits as the Secretary may prescribe; and (2) the mortgagor would have to make a minimum down payment in cash or its equivalent in such amount as the Secretary requires. Provides for four categories of multifamily housing: (1) rental projects; (2) cooperative projects; (3) projects in which the individual units are to be sold on a condominium basis; and (4) mobile home parks. Authorizes the Secretary to insure mortgages financing the construction of new multifamily projects and the rehabilitation, purchase, or refinancing of existing multifamily projects. Provides for mortgage insurance for health facilities and for supplemental project loans. Sets forth additional authorizations and powers of the Secretary, including: (1) the power to deal with and dispose of property; (2) the power to acquire title; and (3) the power to make expenditures to correct defects in experimental property. Provides for the transition between the National Housing Act and the Revised National Housing Act. Title III: Public Housing Assistance Program - Revises the United States Housing Act of 1937. Declares the policy of the United States and sets forth the definitions of terms used in this Act. Authorizes the Secretary to make loans to public housing agencies to finance low-income housing projects. Authorizes the Secretary to make annual contributions to public housing agencies. Directs that provisions for such contributions be embodied in a contract guaranteeing their payment. Empowers the Secretary to include in any contract for loans, annual contributions or instruments made pursuant to this Act, such provisions as necessary to insure the low-income character and economic viability of the project involved. Describes conditions and provisions required in every contract for annual contributions. Directs the Secretary to assist public housing agencies, in providing housing for displaced, elderly, or handicapped families, to develop housing to meet the special needs of the occupants. Makes provisions for low-income housing in private accommodations. Authorizes the Secretary, at periodic intervals, to determine the market rental required to obtain modest existing and newly constructed rental housing and to establish for each a fair market monthly rental. Requires the Secretary to submit annual budget programs as provided for wholly owned Government Corporations by the Government Corporation Control Act and to maintain an integral set of accounts to be audited annually by the General Accounting Office. Provides for the financing of low-income housing projects. Provides for the termination of the Secretary's authority to enter into new contracts. Specifies the formula for applicability of rental contracts. Exempts specified projects from such formula. Makes technical and conforming amendments to specified acts. Federal Mortgage Foreclosure Act - Sets forth the findings of Congress and the definitions of terms. Provides that a Federal foreclosure remedy is created by authorizing a nonjudicial power of sale. Enumerates the prerequisites to foreclosure and the procedures for notice of default and foreclosure sale. States that money realized from a foreclosure sale be applied to costs of foreclosure, then to any liens prior to the mortgage which are required to be paid, then to advancements for taxes and assessments and expenditures for the necessary protection of the security property, then to interest on the mortgage, then to the principal on the mortgage, then to payment of junior lienholders in order of priority, then to the mortgagor. Prescribes procedures for protection of properties after default when property becomes vacant.

Bill· HRH.R. 10581 (93rd)referred

Responsive Governments Act

United States · United States Congress · 27 September 1973

Responsive Governments Act - States that it is the purpose of this Act to increase the capacity of States, units of local government, and combinations thereof, to plan and manage all the resources available to them for achieving the goals of: (1) community betterment, in both rural and urban areas; (2) adequate housing, public facilities, and public services that are required to support an improved quality of life; and (3) conserving and protecting the environment and natural resources for future generations. States that this Act will assist States and units of local government in: (1) developing reliable information on their problems and opportunities; (2) developing and analyzing alternative policies and programs and making recommendations; (3) managing the programs; and (4) evaluating the results, so that programs can be wisely revised or replaced. States that funds provided under this Act may be used by recipients for planning and management activities, including the following: (1) identifying and evaluating the physical, social, and economic needs and opportunities of the geographical areas under the jurisdiction of any State or locality; (2) developing, improving, modernizing, and implementing specific governmental management processes, including personnel, revenue, and resource allocation systems; (3) improving governmental structures, authorities, and coordinating mechanisms for dealing with the physical, social, and economic complexities of modern society; (4) providing planning, management, technical assistance, information, or advisory services to communities and agencies needing such assistance or services in connection with activities related to the purpose of this Act; (5) procuring technical assistance in the formulation, implementation, and evaluation of planning and management programs, and (6) participating in organizations for joint or common governmental or governmental and private action, including interstate action, in solving problems of development, planning, resource allocation, or program management. Provides that for the purpose of carrying out this Act there are hereby authorized to be appropriated, without fiscal year limitation, such sums as may be necessary. Authorizes the Secretary to make grants to States and units of local government to assist them in carrying out activities set forth above. Prohibits the Secretary from requiring the recipient of any grant which he makes under this section to provide any matching or make any other expenditure as a condition to such grant. Requires that prior to the first receipt in any fiscal year of funds by any State or unit of local government, the recipient of such funds shall have prepared a final statement of planning and management activities and projected use of funds for such fiscal year. Requires that at least sixty days prior to preparation of a final statement, a proposed statement shall be published in such manner as to afford the citizens of such State or unit of local government a reasonable opportunity to examine its content and to submit comments on the proposed statement. Provides that no person in the United States shall on the ground of race, color, national origin, or sex be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any project, program, or activity funded in whole or in part with funds made available under this Act. States that if the Secretary, after reasonable notice and opportunity for hearing finds that a recipient has failed to comply substantially with any provision of this Act, the Secretary, until he is satisfied that there is no longer any such failure to comply, shall: (1) terminate payments under this Act, or (2) reduce payments under this Act by an amount equal to the amount of such payments which were not expended in accordance with this Act, or (3) limit the availability of payments under this Act to programs not affected by such failure to comply. States that in order to assure that resources provided under this Act are used in accordance with its provisions, each recipient shall use such fiscal, audit, and accounting procedures as may be necessary to assure proper accounting for payments received by it, and proper disbursement of such payments.

Bill· HRH.R. 10577 (93rd)referred

A bill to amend the Small Business Act.

United States · United States Congress · 26 September 1973

Increases the appropriations amounts authorized under the Small Business Act. Expands the authority of the Small Business Administration to make loans to assist small business concerns in meeting regulatory standards. Provides for livestock loans and loans for adjustment assistance in base closings under the Small Business Act. Requires the Small Business Administration to, as soon as practicable each calendar year, make a comprehensive annual report to the President, the President of the Senate, and the Speaker of the House of Representatives, including a description of the state of small business in the Nation and the several States, and a description of the operations of the Administration under this chapter.

Bill· HRH.R. 10478 (93rd)referred

A bill to prohibit the telecasting of professional basketball games during certain periods when regularly scheduled intercollegiate or interscholastic basketball or football games are played, and for other purposes.

United States · United States Congress · 24 September 1973

Provides that the antitrust laws shall apply to any joint agreement which permits telecasting of professional football or basketball games during periods (Friday nights and Saturdays from the second Friday in September through the last Saturday in March) when regularly scheduled intercollegiate or interscholastic basketball or football games are played. (Amends 15 U.S.C. 1293)

Law· HJRESH.J.Res. 719 (93rd)open

Joint resolution to extend the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages, to extend authorizations under laws relating to housing and urban development, and for other purposes.

United States · United States Congress · 12 September 1973

Extends for one year the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages under the Federal Housing Administration Insurance Programs. Extends the authorizations pursuant to the following programs relating to housing and urban development: (1) urban renewal, (2) model cities, (3) open-space land, (4) neighborhood facility grants, (5) rehabilitation loans, (6) new community development, and (7) rural housing.

Bill· HRH.R. 10181 (93rd)referred

Right to Financial Privacy Act

United States · United States Congress · 11 September 1973

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between financial institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protect against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee, or any State or local government from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless the financial records are described with particularity and : (1) such customer has authorized such disclosure in accordance with this Act; (2) such financial records are disclosed in response to an administrative subpena or summons; (3) such financial records are disclosed in response to a court order; or (4) such financial records are disclosed in response to a judicial subpena. States that no financial institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Provides that a customer may authorize disclosure if he or those seeking disclosure furnish to the financial institution a signed and dated statement by which the customer: (1) authorizes such disclosure for a period not in excess of one year; (2) identifies the financial records which are authorized to be disclosed; and (3) specifies the purposes for which, and the agencies to which, such records may be disclosed. Requires the financial institution to keep a record of all examinations of the customer's financial records and to notify the customer that he has the right at any time to revoke any authorization of disclosure and to obtain a copy of the aforementioned record of examinations. Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas. Prohibits the Secretary of the Treasury from requiring an institution to maintain financial records or to transmit reports on customers, unless such records are required by a supervisory agency or the Internal Revenue Service. Prescribes civil and criminal penalties for violation of the provisions of this Act. Provides for injunctive relief for persons aggrieved by violation or threatened violation of this Act.

Bill· HRH.R. 10174 (93rd)referred

Emergency Medical Services Systems Act

United States · United States Congress · 11 September 1973

Emergency Medical Services Systems Act - Directs the Secretary of Health, Education, and Welfare to make grants to and enter into contracts with eligible entities for projects which include both studying the feasibility of establishing and operating an emergency medical services system, and planning the establishment and operation of such a system. Requires that the reports of the results of any study and planning project assisted under this Act shall be submitted to the Secretary and the Interagency Committee on Emergency Medical Services. Authorizes the Secretary to make grants to and enter into contracts with eligible entities for the establishment and initial operation of emergency medical services systems. Sets forth the standards for such grants and contracts. States that, in considering applications which demonstrate exceptional need for financial assistance, the Secretary shall give special consideration to applications submitted for emergency medical services systems for rural areas. Directs the Secretary to make grants to and enter into contracts with eligible entities for projects for the expansion and improvement of emergency medical services systems, including the acquisition of equipment and facilities, the modernization of facilities, and other projects to expand and improve such systems. States that the amount of any grant or contract under this section for a project shall not exceed 50 percent of the cost of that project. Stipulates that the Secretary may make grants to public or private nonprofit entities, and enter into contracts with private entities and individuals, for the support of research in emergency medical techniques, methods, devices, and delivery. States that no grant may be made or contract entered into under this section for amounts in excess of $35,000, unless the application therefore has been recommended for approval by an appropriate peer review panel designated or established by the Secretary. Sets forth general provisions with respect to grants and contracts authorized under this Act. Establishes specified requirements for emergency medical services systems. Authorizes to be appropriated specified amounts for grants and contracts made pursuant to this Act for the fiscal years 1974, 1975, and 1976. Directs the Secretary to establish an Interagency Committee on Emergency Medical Services to evaluate the adequacy and technical soundness of all Federal programs and activities which relate to emergency medical services. Directs the Committee to make recommendations to the Secretary respecting the administration of contracts under this Act. Requires the Secretary to prepare and submit annually to the Congress a report on the administration of this Act. Directs the Secretary to make grants to and enter into contracts with schools of medicine, dentistry, osteopathy, and nursing and training centers for allied health professions, and other appropriate educational entities to assist in meeting the cost of training programs in the techniques and methods of providing emergency medical services. Authorizes to be appropriated $10,000,000 for the fiscal year 1974 for the purpose of making payments pursuant to grants and contracts under this section.

Bill· HRH.R. 9989 (93rd)passed

Real Estate Settlement Procedures Act

United States · United States Congress · 3 August 1973

Real Estate Settlement Procedures Act - Directs the Secretary of Housing and Urban Development to report to the Congress on whether there is any necessity for establishing maximum charges for real estate settlement services. Directs the Secretary, in consultation with the Administrator of Veterans' Affairs, the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board, to develop and prescribe a standard form for the statement of settlement costs which shall be used as the standard real estate settlement form in all transactions in the United States which involve federally related mortgage loans. Requires such form to conspicuously and clearly itemize the charges imposed upon both the borrower and the seller in connection with the settlement. Directs the Secretary to prepare and distribute special booklets to help persons borrowing money to finance the purchase of residential real estate to better understand the nature and costs of real estate settlement services. Requires lenders to provide the booklet to each person from whom it receives an application to borrow money to finance the purchase of residential real estate. Requires lenders agreeing to make a federally related mortgage loan to provide to the prospective borrower, and to any officer or agency of the Federal Government proposing to insure, guarantee, supplement, or assist such loan, at least ten days prior to settlement, an itemized disclosure in writing of each charge arising in connection with such settlement. Prohibits any person from giving and accepting any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, involving a federally related mortgage loan. Prescribes limits on the amounts a lender, in connection with a federally related mortgage loan, shall require the borrower or prospective borrower to deposit in any escrow account which may be established in connection with such loan for the purpose of assuring payment of taxes and insurance premiums with respect to the property. Prohibits a lender from making any commitment for a federally related mortgage loan unless it has confirmed that the specified information has been disclosed in writing by the seller or his agent to the buyer. Directs the Secretary to establish and place in operation on a demonstration basis in various areas of the United States, a model system or systems for the recordation of land parcels in a manner and form calculated to facilitate and simplify land transfers and mortgage transactions and reduce the cost thereof. Authorizes and directs the Board of Governors of the Federal Reserve System to conduct a study of escrow accounts maintained by lenders in connection with mortgage loans which require borrowers to make periodic prepayment of taxes, insurance, and other items with respect to residential real property, in order to determine the feasibility of requiring lenders to pay interest on such accounts. Establishes specified penalties for violations of this Act.

Bill· HRH.R. 9812 (93rd)referred

A bill to authorize the Administrator of the National Aeronautics and Space Administration to conduct research and development programs to increase knowledge of tornados, hurricanes, large thunderstorms, and other types of short-term weather phenomena, and to develop methods for predicting, detecting, and monitoring such atmospheric behavior.

United States · United States Congress · 2 August 1973

Authorizes the Administrator of the National Aeronautics and Space Administration to conduct research and development programs to increase knowledge of tornadoes, hurricanes, large thunderstorms, and other short-term weather phenomena, and to develop methods for predicting, detecting, and monitoring such atmospheric behavior. A bill to authorize the Administrator of the National Aeronautics and Space Administration to conduct research and development programs to increase knowledge of tornadoes, hurricanes, large thunderstorms, and other types of short-term weather phenomena, and to develop methods for predicting, detecting, and monitoring such atmospheric behavior.