United States · United States Congress · 5 February 1992
Reduces specified appropriations for FY 1992. Expresses the sense of the Congress that any money returned to the Treasury as a result of this Act should be deposited in the General Fund for application against expenses associated with servicing the national debt.
United States · United States Congress · 4 February 1992
Access to Justice Act of 1992 - Amends the Federal judicial code to provide that, in determining whether a matter in controversy exceeds the sum or value of $50,000 for purposes of Federal diversity of citizenship jurisdiction, the amount of damages for pain and suffering or mental anguish, punitive or exemplary damages, and attorney fees or costs shall not be included. Provides that on February 1 of each year the threshold amount for diversity jurisdiction (currently, $50,000) shall be adjusted to the nearest thousand dollars to reflect change in the Consumer Price Index for All Urban Consumers (CPI-U). Entitles the prevailing party in a diversity action to attorney fees only to the extent that such party prevails on any position or claim advanced during the action. Specifies that such fees shall be paid by the nonprevailing party up to the amount of such fees of the nonprevailing party or, if the nonprevailing party receives services under a contingent fee agreement, the reasonable value of such services. Requires the counsel of record in any such action, in order to receive attorney fees, to maintain accurate, complete records of hours worked on the matter regardless of the fee arrangement. Authorizes the court to limit fees recovered to the extent that it finds special circumstances that make payment of such fees unjust. Makes provisions of this Act (with respect to attorney fees in diversity cases) inapplicable to actions removed from State court or in which the United States, any State, or any agency, officer, or employee thereof is a party. Amends the Equal Access to Justice Act to bar the award of attorney fees in excess of $75 per hour unless the court determines that an increase in the cost of living, as reflected by the change in the CPI-U (currently, unless the court determines that such an increase, or a special factor, such as the limited availability of qualified attorneys for the proceedings involved) justifies a higher fee. Sets forth provisions for the calculation of such cost of living adjustment. Amends the Federal judicial code to require the potential plaintiff, at least 30 days before filing suit in a civil action brought in a U.S. district court, to transmit written notice to the intended defendant at an address reasonably calculated to provide actual notice of the specific claims involved, including the amount of actual damages and expenses. Directs such plaintiff, at the commencement of the action, to file in such court a a certificate of service evidencing compliance with such provision. Provides for a 30-day extension of any applicable statute of limitations that would expire during the period of such notice. Makes the requirements of this provision inapplicable under specified circumstances, such as in bankruptcy proceedings and where a defendant or assets are subject to flight. Specifies that in the event that the district court finds that such notice requirements have not been met by the plaintiff and such defect is asserted by the defendant within 60 days after service of the summons or complaint, the claim shall be dismissed without prejudice and the costs of such action, including attorney fees, shall be be imposed upon the plaintiff. Permits the plaintiff, under such circumstances, to refile such claim within 60 days after dismissal regardless of any statutory limitations period if, during the 60 days after dismissal, notice is transmitted as provided by this Act and the original action was timely filed. Authorizes the United States, except as otherwise specifically provided by statute, to enter into an agreement which provides that attorney fees may be awarded against the United States or any other party to the action or proceeding: (1) in any civil action commenced by the United States; (2) in civil proceedings involving disputes pursuant to the Contract Disputes Act of 1978; or (3) in a case in which the United States and another party have agreed to use outcome-determinative mediation, subject to specified requirements. Sets forth further requirements with respect to the award of attorney fees, including the handling of such awards received by Federal agencies. Directs: (1) the chief judge of each judicial circuit (other than the U.S. Court of Appeals for the District of Columbia Circuit) to designate one district court to be a pilot Multi-Door Courthouse (MDC); and (2) the U.S. Court of Appeals for the Federal Circuit to designate the U.S. Claims Court to be a pilot MDC. Terminates such designation and the program after three years. Requires every court which has been designated as an MDC to establish an alternative dispute resolution (ADR) plan providing for: (1) procedures for limited discovery; (2) confidentiality of proceedings as to possible subsequent pretrial and trial actions; (3) the selection, use, and payment of nonjudicial personnel who may be selected to conduct ADR proceedings as neutrals, mediators, or arbitrators; and (4) standards for determining which cases are appropriate for ADR, considering such factors as whether factual issues predominate over legal issues and whether the case involves complex or novel legal issues requiring judicial action. Requires that each plan: (1) provide that each assigned judge or magistrate judge conduct a conference with counsel within 120 days after the complaint is filed to review nonbinding, voluntary ADR procedures that may be used in lieu of litigation to resolve the claims in controversy; and (2) authorize the parties, if they agree, to use nonbinding ADR procedures (such as early evaluation by a neutral party, mediation, minitrials, summary jury trial, and arbitration) in lieu of litigation to resolve the claims in controversy. Authorizes the district courts to: (1) use the volunteer services of nonjudicial personnel to conduct ADR proceedings as neutrals, mediators, and arbitrators; and (2) establish their compensation, subject to limits established by the Judicial Conference of the United States. Authorizes the Chief Justice of the United States to designate and assign temporarily a district judge of one circuit for service in another circuit, either in a district court or court of appeals, whenever the business of that court so requires (under current law, upon presentation of a certificate of necessity by the chief judge or circuit justice of the circuit wherein the need arises). Makes it the duty of the Director of the Administrative Office of U.S. Courts to secure information and report annually to the Chief Justice, the chief judges of the circuits, the Congress, and the Attorney General on the courts' need for temporary judicial resources to ease overcrowded dockets (including information on delays being encountered in the maintenance of civil suits). Provides that: (1) a State judicial officer shall not be held liable for any costs, including attorney fees, in any proceeding in vindication of civil rights brought against such officer for an act or omission of such officer while acting in an official capacity (act); and (2) in any civil action for deprivation of rights brought against a judicial officer for such an act, injunctive relief shall not be granted unless a declaratory decree in the action was violated by such officer or declaratory relief was unavailable. Amends the Civil Rights of Institutionalized Persons Act to provide that, in actions brought by any adult convicted of a crime and confined in any jail, prison, or other correctional facility, the court shall continue such case for a period not to exceed 180 days in order to require exhaustion of remedies. (Current law calls for a 90-day extension if the court believes it would be appropriate and in the interests of justice.) Requires the Attorney General, upon request of a State or local corrections agency, to provide such agency with technical advice and assistance in establishing plain, speedy, and effective administrative remedies for inmate grievances. Amends the Federal judicial code to authorize the court, with regard to proceedings in forma pauperis, to dismiss the case if satisfied that the action fails to state a claim upon which relief can be granted. Directs the Board of the Federal Judicial Center to study and include in the annual report of the activities of the Center determinations regarding ways in which case and docket management (including ADR) techniques may be applied to improve the cost-effectiveness of litigation and to eliminate unjustified expense and delay. Provides that a court in banc shall consist of all circuit judges in regular service, with exceptions. Repeals a provision authorizing any court of appeals having more than 15 active judges to perform its en banc function by such number of members of its en banc courts as may be prescribed by rule of the court of appeals.
United States · United States Congress · 4 February 1992
Restrictions on Azerbaijan Act - Requires the United States to continue to deny the following trade and economic benefits to the Republic of Azerbaijan: (1) most-favored-nation status (nondiscriminatory treatment); (2) loans, guarantees, or insurance with respect to U.S. exports to it; (3) beneficiary status under the Generalized System of Preferences; (4) treatment as a country subject to provisions of the Trade Act of 1974 relating to market disruption; (5) treatment as a member of Country Group Y (countries with which the United States has diplomatic or trading relations); (6) any benefit bestowed under the Agreement on Trade Relations Between the United States and the Soviet Union, signed on June 1, 1990; and (7) U.S. assistance under the Foreign Assistance Act of 1961. Requires the United States to impose as a condition to making contributions to any international organizations providing activities in the former Soviet Union that none of the funds be available for such activities, except humanitarian assistance, in Azerbaijan. Authorizes the President to waive such restrictions. Terminates such restrictions if the President determines and reports to the Congress that Azerbaijan: (1) has ceased all blockades and uses of force against Armenia and Nagorno-Karabakh; (2) improves the human rights of Armenians, Russians, Jews, and other minorities; and (3) has committed to resolve the Nagorno-Karabakh conflict peacefully.
United States · United States Congress · 28 January 1992
Federal Program Performance Act of 1992 - Includes in the Federal budget a performance standards and goals plan for expenditures for covered Federal programs in FY 1994 and 1995. Directs the Director of the Office of Management and Budget (OMB) to promulgate regulations requiring each Federal department and agency responsible for administering a covered program to establish such a plan for FY 1994 and 1995. Authorizes such agencies to establish an alternative plan, if the director determines that it is not feasible to express the performance standards and goals of the program in an objective and quantifiable form. Requires program performance reports.
United States · United States Congress · 28 January 1992
Temporary Investment Tax Credit Restoration Act of 1992 - Amends the Internal Revenue Code to allow an investment tax credit for manufacturing and other productive equipment for the period after December 31, 1991, and before January 1, 1994. Provides for determining such credit.
United States · United States Congress · 28 January 1992
Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts and certain other retirement plans used for the acquisition or construction of a principal residence of the individual receiving the distribution.
United States · United States Congress · 28 January 1992
Amends rule XXI of the Rules of the House of Representatives to require a recorded vote upon final passage or adoption, as the case may be, of any bill or resolution making an appropriation or providing direct spending authority or new credit authority.
United States · United States Congress · 22 January 1992
Title I: Short Title, Findings, and Definitions - Trade Enhancement Act of 1992 - Sets forth congressional findings and purposes with respect to access to Japanese markets by U.S. manufacturers of motor vehicles and motor vehicle parts. Title II: Merchandise Trade Deficit Reduction - Sets forth annual merchandise trade deficit reduction targets with respect to Japan's trade deficit with the United States. Requires the Secretary of Commerce (Secretary) to compute annually whether the target has been met for each year, and if it has not, to publish in the Federal Register the import and production restriction implementation period for such year. Authorizes the Secretary to impose temporary quantitative import restrictions on Japanese or Japanese-related motor vehicles (foreign motor vehicles) entered during the first three months of the calendar year following the year for which such computation is made. Requires the Secretary to submit a report to the Congress. Expresses the sense of the Congress that representatives of the United States and Japan should continue discussions regarding measures, to be selected by the Japanese Government, to achieve the merchandise trade deficit reduction targets. Urges the United States Trade Representative (USTR) during such discussions to address market access priorities for U.S. exports to Japan. Title III: Import and Production Restrictions to Be Implemented If Trade Deficit Reduction Target Not Met - Directs the Secretary to compute for calendar years 1993 through 1999 quantitative import restrictions on foreign motor vehicles and domestic motor vehicle production restrictions for transplanted Japanese-related auto manufacturers, except such computations are not required for calendar years 1997 through 1999 if trade deficit reduction targets for calendar years 1992 through 1996 are met. Sets forth civil penalties. Requires each person that has one or more motor vehicle or motor vehicle parts manufacturing facilities within the United States to certify to the Secretary whether it is a domestic vehicle or parts manufacturer or a transplanted Japanese-related vehicle manufacturer. Sets forth provisions with respect to: (1) the Secretary's authority to obtain information and data; and (2) enforcement of this Act. Sets forth civil penalties. Sets forth provisions with respect to the enforcement and judicial review of such penalties. Requires the Secretary to report annually to the Congress on implementation of this Act. Title IV: Negotiations and Other Actions - Requires the USTR to enter into negotiations with Japan to enter into a bilateral agreement that: (1) provides a phased-in increase in the use by transplanted motor vehicle manufacturers of domestically-produced motor vehicle parts to the point where such parts constitute 60 percent or more of the total parts used in the production of such vehicles; and (2) eliminate those aspects of the Japanese automotive distribution system that affect the access of domestically-produced motor vehicle parts to Japanese markets. Directs the USTR to enter into negotiations with representatives of the European Community, Japan, and the governments of other major vehicle-producing countries to enter into multilateral agreements that rationalize world-wide market access and production of motor vehicles and motor vehicle parts. Considers acts, practices, and policies of Japan (including, but not limited to, acts, policies, and practices utilized in the Japanese automotive distribution system known as "Keiretsu") that affect the access of manufacturers of domestic motor vehicle parts to the Japanese market as being unjustifiable and burdensome or restrictive to U.S. commerce, according to the Trade Act of 1974. Adds to response authority under such Act authority to increase the percentage of domestically-produced motor vehicle parts used in the production of motor vehicles for purposes of the qualification of Japanese manufacturers as domestic vehicle manufacturers. Specifies certain objectives to be included in negotiations with Japan if the USTR decides to take action with respect to such practices. Requires the USTR to make certain estimates with respect to the percentage of the Japanese market that is accounted for by domestic motor vehicle parts manufacturers. Directs the Secretary to commence an antidumping duty investigation under the Tariff Act of 1930 to determine whether imports or sales (or the likelihood of sales) of Japanese motor vehicle parts to the United States warrant the imposition of antidumping duties. Requires the Secretary of the Treasury to study and report to the Congress on the extent to which: (1) "Keiretsu" operations in the United States are in compliance with the internal revenue laws, particularly those relating to transfer pricing; and (2) the Internal Revenue Service is auditing such operations. Amends the Harmonized Tariff Schedule of the United States to classify for the purposes of tariff treatment certain light trucks as motor vehicles for the transport of goods.
United States · United States Congress · 22 January 1992
Amends Federal law to prohibit a Member of the House of Representatives from sending any franked mass mailing outside the Member's congressional district. Authorizes a Member of Congress to mail franked mail with a simplified form of address for delivery within his or her congressional district only. (Current law permits such mailings throughout the Member's State.) Prohibits the Committee on House Administration from approving any payment for, and a Member from making any expenditure from, any allowance of the House or any other official funds if any portion is for any cost related to a mass mailing by a Member of the House outside his or her congressional district.
United States · United States Congress · 3 January 1992
Amends the Internal Revenue Code to make permanent the provisions permitting small issues of tax-exempt bonds to finance manufacturing facilities and farm property.
United States · United States Congress · 26 November 1991
Directs the Secretary of Defense to hold harmless, defend, and indemnify any State, political subdivision, or person or entity that acquires ownership or control of a military installation that is closed pursuant to a base closure law from all liability arising out of the release or threatened release of any hazardous substance, pollutant, or contaminant as a result of Department of Defense activities at such installation. Excepts from such indemnification those entities that cause or contribute to such release or threatened release.
United States · United States Congress · 26 November 1991
United States Commercial Center Pilot Program Act of 1990 - Directs the Secretary of Commerce to establish, as a pilot program, a United States Commercial Center in one country each in the Baltics, including one of the former Soviet republics, Asia, and Latin America to provide additional resources for the promotion of exports of U.S. goods and services to such countries. Requires the Secretary to use the Market Development Cooperator Program to assist the Centers in providing such resources. Authorizes appropriations.
United States · United States Congress · 26 November 1991
Farm Program Payment Limitations Reform Act of 1991 - Amends the Food Security Act of 1985 to revise specified farm program payment limitation provisions, including repeal of the 3-entity rule. Expresses the sense of the Congress with regard to budget savings resulting from the implementation of this Act on wheat and feed grain producers, farm conservation, and environmental protection programs (if the deficit reduction provisions of the Budget Enforcement Act of 1990 are changed).
United States · United States Congress · 26 November 1991
American Jobs Promotion Act of 1991 - Title I: Treatment of Junk Bonds and Hostile Takeovers - Amends the Internal Revenue Code to disallow a deduction for interest on junk bonds incurred to acquire stock or assets in hostile takeovers. Requires that a hostile stock purchase in a corporate takeover attempt be treated as an asset acquisition by the purchasing corporation. Disallows an income tax deduction for interest on any indebtedness incurred or continued by a purchasing shareholder to purchase or carry corporate stock or assets acquired through a hostile purchase. Lowers the minimum maturity date requirement of an applicable high yield discount obligation from five years to two years (thus restricting the tax deduction for interest on certain high yield original issue discount obligations). Amends the definition of "disqualified yield" as it relates to the disqualified portion of original issue discount on any applicable high yield discount obligation to remove the additional percentage point added to the excess of the yield to maturity over a specified sum. Title II: Termination of Deferral of Tax on Income of Controlled Foreign Corporations Attributable to Property Imported Into United States - Amends the Internal Revenue Code to include imported property income of a controlled foreign corporation or related person as foreign base company income. Defines imported property income as that from: (1) manufacturing, producing, growing, or extracting imported property; (2) the sale, exchange, or other disposition of imported property; or (3) the lease, rental, or licensing of imported property. Requires the separate application of the limitation on the foreign tax credit on imported property income. Applies the look-thru rules in the case of controlled foreign corporations to such income. Title III: Termination of Puerto Rico and Possessions Tax Credit - Terminates the Puerto Rico and possession tax credit.
United States · United States Congress · 26 November 1991
Requires, with specified exceptions, all motor vehicle leasing for the House of Representatives to be conducted through an agreement with the Administrator of General Services which shall include competitive bidding and, where appropriate, use of the least expensive motor vehicle.
United States · United States Congress · 26 November 1991
Expresses the sense of the Congress that the United States should continue to support the full protection of the African elephant through the unqualified listing of all populations of the African elephant on Appendix I of the Convention on International Trade in Endangered Species of Wild Flora and Fauna.
United States · United States Congress · 22 November 1991
Emergency Unemployment Benefits Equity Act of 1991 - Amends the Emergency Unemployment Compensation Act of 1991 (Public Law 102-164) to provide for a uniform benefit structure.
United States · United States Congress · 22 November 1991
Commends: (1) the people of Guam for their patriotism, bravery, loyalty to the United States, and many sacrifices during World War II, particularly during the invasion and occupation of the Guam territory; (2) the members of the Navy Insular Force and U.S. Navy and Marine Corps for the efforts and sacrifices they made in defense of the U.S.; (3) the Hawaiians for their sacrifices and contributions to the U.S. war effort during the attack on Pearl Harbor on December 7, 1941; and (4) the Hawaii Territorial Guard members, Varsity Victory Volunteers, the civilian workers at the Pearl Harbor Naval Ship Yard and other Hawaiian military installations, 100th Infantry Battalion, Military Intelligence Service, and 442nd Regimental Combat Team for their sacrifices and contributions to the U.S. war effort during such attack.
United States · United States Congress · 22 November 1991
Urges the President to renew the voluntary restraint agreements with Taiwan and Japan for an additional five years in order to protect national security and ensure U.S. industrial competitiveness.
United States · United States Congress · 21 November 1991
Taxpayer Bill of Rights Act of 1991 - Title I: Additional Safeguards to Protect Taxpayers' Rights - Subtitle A: Taxpayers' Advocate - Amends the Internal Revenue Code to establish in the Internal Revenue Service (IRS) the Office of Taxpayers' Advocate, headed by the Taxpayers' Advocate, appointed by the President, by and with the advice and consent of the Senate. Requires the Office to: (1) assist taxpayers in resolving problems with the IRS; (2) identify areas in which taxpayers have problems in dealings with the IRS; (3) propose changes in the administrative practices of the IRS to mitigate such problems; and (4) identify potential legislative changes which may be appropriate to mitigate such problems. Requires the Taxpayers' Advocate to annually report to specified congressional committees on Office activities. Requires the Commissioner of Internal Revenue to establish procedures requiring a formal response to all recommendations submitted to the Commissioner by the Taxpayers' Advocate. Authorizes the terms of a Taxpayer Assistance Order to require the Secretary of the Treasury to take certain actions (currently, only to cease or refrain from taking such actions). Subtitle B: Modifications to Installment Agreement Provisions - Requires prior notification to taxpayers under an installment agreement to pay tax liability before altering, modifying, or terminating such an agreement. Provides for administrative review of denials of requests for installment agreements. Suspends the failure to pay penalty during any period an installment agreement is in effect. Subtitle C: Interest - Extends from ten days to 21 days the period for which interest will not be imposed after notice and demand for payment, if such payment is less than $100,000. Provides for the abatement of interest in the case of an assessment due to the error or delay of an IRS managerial act. Increases the interest rate for overpayment of tax from two percent to three percent (making such rate equal to the interest rate for underpayment of tax). Waives interest on all overpayments refunded within 45 days after a return is filed. Subtitle D: Joint Returns - Requires separate deficiency notices in the case of a joint income tax return if the most recent data available to the IRS shows that such spouses did not file a joint return with each other. Allows the disclosure of collection activities to an individual requesting such information in the case of a joint return where such individual is no longer married to or resides in the same household as the other joint filer. Removes limitations on filing a joint return after filing separate returns. Subtitle E: Collection Activities - Authorizes the Secretary, if it is determined to be in the best interest of the taxpayer and the United States, to: (1) withdraw a notice of a lien; (2) return property that has been levied upon; and (3) offer compromises in civil or criminal cases. Requires the Secretary, at the request of the taxpayer, to make reasonable efforts to notify credit reporting agencies and financial institutions of such withdrawal notice. Subtitle E (sic): Erroneous and Fraudulent Information Returns - Requires payee statements to provide the phone number of the person providing payment. Establishes civil damages for the fraudulent filing of information returns. Requires the Secretary to take reasonable steps to corroborate the accuracy of an information return when making a determination of a deficiency by a third party, when such return is disputed by the taxpayer. Subtitle F: Modifications to Penalty for Failure to Collect and Pay Over Tax - Declares that a person shall not be liable for any penalty for failure to collect and pay over tax if such person: (1) is not a significant owner, or highly compensated employee of the trade or business; (2) notifies the Secretary within ten days after such failure; and (3) such notification was before any notice by the Secretary with respect to such failure. Requires the Secretary to disclose certain information where more than one person is liable for a penalty. Subtitle G: Awarding of Costs and Certain Fees - Repeals the "substantially justified" test for determining whether a taxpayer may recover costs and fees incurred as part of an administrative or court proceeding. Provides for the awarding of reasonable litigation or administrative costs to a prevailing party who represents himself in an administrative or court proceeding. Makes IRS employees personally liable in certain cases. Provides that any failure to agree to an extension of time for the assessment of any tax shall not be taken into account in determining whether a prevailing party has exhausted all administrative remedies. Subtitle H: Other Provisions - Revises provisions on the required content of tax due, deficiency, and other notices. Provides for the treatment of returns prepared for or executed by the Secretary for purposes of certain tax penalties. Provides protection for taxpayers who rely on certain guidance published by the IRS. Title II: Form Modifications, Studies - Subtitle A: Form Modifications - Directs the Secretary to: (1) ensure that taxpayers are aware of permission to pay tax in installments, extensions of time for payment of tax, and compromises of tax liability; (2) improve procedures for taxpayers to notify the Secretary of changes in names and addresses; (3) include in a specified publication a section on the rights and responsibilities of divorced individuals; (4) ensure that employees are aware of their responsibilities under the Federal tax system and that the public is aware of penalties for failure to collect and pay over tax; and (5) notify taxpayers any payments that cannot be associated with any outstanding tax liability. Subtitle B: Studies - Requires the Secretary to report to the tax-writing committees on: (1) a pilot program for appeals of certain enforcement actions (including lien, levy, and seizure actions; (2) a study on ways to assist the elderly, physically impaired, foreign-language speaking, and other taxpayers with special needs to comply with IRS laws; (3) the scope and content of the IRS taxpayer-rights education program for its officers and employees; and (4) cases involving complaints about misconduct of IRS employees and the disposition of such complaints. Requires the Comptroller General to report to the tax-writing committees on: (1) a study of notices of deficiency; (2) the accuracy and clarity of 25 of the most commonly used IRS forms, notices, and publications; and (3) a study of IRS employee-suggestion programs.
United States · United States Congress · 21 November 1991
Directs the Secretary of Education to provide demonstration grants to secondary schools to extend the length of the academic year for three consecutive years at such schools to not fewer than 200 academic days, with each such day consisting of not fewer than seven hours of actual instruction. Allows such grants to extend over a period of not more than three fiscal years. Makes grant payments subject to annual approval by the Secretary and availability of fiscal year appropriations. Sets forth application requirements, including a 20 percent non-Federal match with good-faith exceptions. Sets forth selection requirements, including, to the extent practicable, schools that: (1) have a high percentage of students from single-parent homes or homes where both parents work; (2) are located in economically depressed communities with high percentages of individuals with alcohol and other drug abuse problems and individuals involved in gang activities; and (3) are equitably distributed among various regions and among rural and urban areas. Provides for selection of replacement schools in cases of noncompliance. Requires notification of the participating secondary schools' State and local education agencies. Directs the Secretary to study the effects of such academic year extension under such program, including: (1) a test to measure learning retention; (2) effects on the learning process in general, including increased daily attendance, parental involvement, postsecondary attendance, positive behavorial and social skills, and reduced alcohol and other drug abuse, gang-related activities, and drop-out rate; and (3) the extent the program is believed to be successful by the participating students, teachers, parents, and State and local educational agencies. Requires the Secretary to submit a preliminary and a final report to the Present, the Congress, and each State educational agency of secondary schools receiving such grants. Authorizes appropriations.
United States · United States Congress · 21 November 1991
Federal-State Pesticide Regulation Partnership Act of 1991 - Amends the Federal Insecticide, Fungicide, and Rodenticide Act to remove the authority of political subdivisions to inspect records of persons selling or delivering pesticides for purposes of enforcing such Act. Prohibits local governments from imposing or continuing any requirement regarding pesticides or devices.
United States · United States Congress · 20 November 1991
Social Security Notch Fairness Investigatory Commission Act of 1991 - Establishes the Social Security Notch Fairness Investigatory Commission to study and report to the President and the Congress on ways to correct the benefit disparity between those born before 1916 and those born after 1916 caused by the 1977 changes in the Social Security benefit formula under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act.
United States · United States Congress · 19 November 1991
Toy Injury Reduction Act - Directs the Consumer Product Safety Commission (CPSC) to issue a regulation requiring cautionary labeling warning of any dangers: (1) for any children's toy or other article intended for use by children age three to six (or such other upper age as the CPSC may determine) which is manufactured or offered for sale, or distributed in commerce in the United States, and includes a small part as defined by the CPSC; and (2) for any balloon, game or skill intended for children age three or older which contains or consists of small balls, or any marble intended for children in such age range which is manufactured or offered for sale or distributed in commerce in the United States. Requires that all labeling required under such a regulation: (1) be prominently and conspicuously displayed on the packaging of the toy or other article or balloon, game of skill, or marble (toy) and on any descriptive materials which accompany the toy; (2) be visible and noticeable; and (3) include the word "WARNING" in capital letters. Authorizes the CPSC to use any remedy available to it under the Federal Hazardous Substances Act to enforce the requirements of such regulations. Directs the CPSC to issue a regulation to make balls which are intended for children under age three and which are less than a minimum size (prescribed in the regulation) a banned hazardous substance. Requires the CPSC to issue reglations under this Act by January 1, 1993.
United States · United States Congress · 19 November 1991
Second National Blue Ribbon Commission to Eliminate Waste in Government Act - Establishes the Second National Blue Ribbon Commission to Eliminate Waste in Government to: (1) conduct a private sector survey on management and cost control in the Federal Government; (2) review executive agency operations and existing General Accounting Office, Congressional Budget Office, Inspector General Reports, and other existing governmental and nongovernmental recommendations for reducing waste; and (3) submit to the President and the Congress a list of those recommendations with estimated savings that the Commission determines are most significant and recommendations for improving the budget process, management, and reducing waste and costs in the Government. Requires the Commission to identify, address, and to report to the President and the Congress on: (1) opportunities for increased efficiency and reduced costs in the Government that can be realized by executive action or legislation; (2) areas in the Government where managerial accountability can be enhanced and administrative control can be improved; (3) specific Federal programs that have accomplished their objectives and ought to be terminated; (4) specific Federal program services that could be provided at a lower cost by the private sector; (5) specific reforms of the budget process that would yield savings, increase accountability and efficiency, and enhance public confidence in the budget process; (6) specific areas in the Government where further study can be justified by potential savings; and (7) specific recommendations for legislative and administrative actions. Requires the Commission to be funded, staffed, and equipped, to the extent practicable and permitted by law, by the private sector without cost to the Government.
United States · United States Congress · 19 November 1991
National Fallen Firefighters Foundation Act - Establishes the National Fallen Firefighters' Foundation. Declares that the Foundation is: (1) a charitable and nonprofit corporation to be organized under the laws of the State of Maryland; and (2) not an agency or establishment of the United States. Provides that the Foundation is to: (1) primarily encourage, accept, and administer private gifts of property for the benefit of the National Fallen Firefighters' Memorial and its annual memorial service; (2) provide financial assistance to the families of firefighers who die in the line of duty; and (3) assist in the recognition of such firefighters. Sets forth provisions for establishment and membership of a Board of Directors of the Foundation. Makes the Administator of the U.S. Fire Administration of the Federal Emergency Management Agency an ex officio nonvoting member of the Board, who shall appoint Directors of the Board. Sets forth rights and obligations of the Foundation, including having its principal offices in the State of Maryland. Authorizes the Administrator to: (1) provide, and accept reimbursements for, personnel, facilities, and other administrative services to the Foundation; and (2) accept the services of the Foundation, the Board, and the Board's officers and employees as volunteers in performing functions authorized under this Act. Sets forth requirements relating to audits and annual reports. Provides for relief for certain Foundation acts or failures to act. Provides that the United States is not liable for any debts, defaults, acts, or omissions of the Foundation. Authorizes appropriations.
United States · United States Congress · 18 November 1991
Real Estate Recovery Act of 1991 - Title I: Reduction in Capital Gains Tax for Individuals - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers. Amends the Internal Revenue Code to eliminate the age requirement (55 years or older) and years-of-residency requirement for eligibility with respect to the one-time income tax exclusion of gain from the sale of a residence. Title II: Credit for Purchase of New Principal Residence - Amends the Internal Revenue Code to allow a tax credit for the purchase of a principal residence of five percent of the purchase price of such residence. Limits such credit to $2,000. Makes such credit applicable to new principal residences acquired after October 31, 1991, and before November 1, 1992. Title III: Enterprise Zones - Subtitle A: Designation -Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Subtitle B: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Subtitle C: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Subtitle E: Repeal of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987. Title IV: Appraisal Requirements and RTC and FDIC Inventory Property - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to extend until July 1, 1992, the requirement for State certified or licensed appraisers in connection with federally-related appraisals. Requires the Secretary of Housing and Urban Development to annually study the real estate market conditions within local market areas to determine whether the sale of inventory property by the Resolution Trust Corporation (RTC) and the Federal Deposit Insurance Corporation (FDIC) is affecting or will affect the value of real estate within such areas. Directs the RTC and FDIC, upon a positive determination by the Secretary, to withhold from sale or other disposition any inventory properties within the affected market areas. Title V: Tax-Free Withdrawals From Individual Retirement Accounts for First Home Purchases - Allows penalty-free distributions from individual retirement accounts of up to 25 percent of the account limit for first-time homebuyers. Title VI: Treatment of Rental Property Operations Under Passive Loss Rules - Amends the Internal Revenue Code to provide for the treatment of rental and nonrental real estate activities under the limitations on losses from passive activities. Title VII: Production Investment Incentive - Amends the Internal Revenue Code to allow a business expense deduction for up to $250,000 (currently, $10,000) of depreciable business assets if property is used as an integral part of manufacturing, production, or extraction. Reduces such allowance by the amount by which the cost of such property exceeds $1,000,000 (currently, $200,000) for a taxable year. Excludes such depreciation deduction from the alternative minimum tax. Title VIII: Freeze on Banks' Total Capital Standard - Declares that the minimum amount of total capital which any insured depository institution may be required to maintain shall not exceed 7.25 percent of the total assets of such institutions. Title IX: Resolution Trust Corporation Refinancing - Resolution Trust Corporation Refinancing Act of 1991 - Amends the Federal Home Loan Bank Act to provide additional funding to the RTC to complete the resolution of failed thrifts. Increases the RTC working capital borrowing limit. Amends the Federal Deposit Insurance Act to extend until September 30, 1993, the period during which the Office of Thrift Supervision must appoint the RTC as conservator or receiver of failed thrifts. Title X: Restructuring of the Oversight Board and the Resolution Trust Corporation - Resolution Trust Corporation Restructuring Act of 1991 - Amends the Federal Home Loan Bank Act to limit the accountability of the Oversight Board to the performance of its duties under such Act. Revises the composition of the Board. Authorizes the RTC to develop and establish overall goals and policies and authorizes the Board to review and require modification of such goals and policies. Provides for the management of the RTC by its Board of Directors instead of the FDIC. Revises the composition of the RTC Board of Directors. Revises RTC personnel provisions with respect to the use of FDIC employees. Provides for the appointment of a chief executive officer to the RTC by the Oversight Board. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 provide for the rights of FDIC employees assigned to the RTC at the time of its termination. Authorizes the Oversight Board to remove the RTC Board of Directors for cause and to appoint a new Board of Directors. Title XI: Clarification of Treatment of Certain FSLIC Financial Assistance - Requires that, except in specified instances, FSLIC assistance be taken into account when determining losses or bad debts of savings and loans institutions (thus denying income tax deductions for losses or bad debts to the extent such assistance has compensated for them). Describes FSLIC assistance as money or property provided to a domestic building and loan association by the Federal Savings and Loan Insurance Corporation, the FSLIC Resolution Fund, or the Resolution Trust Corporation.
United States · United States Congress · 14 November 1991
Requires that of the amounts appropriated for FY 1992 for travel expenses for officers and employees of the Federal Government, not more than 75 percent be obligated or spent for such expenses and 25 percent be returned to the Treasury to reduce the Federal budget deficit.
United States · United States Congress · 14 November 1991
Disability Determination Accuracy Act of 1991 - Revises the disability determination process under titles II (Old Age, Survivors and Disability Insurance) and XVI (Supplemental Security Income) of the Social Security Act, with changes including a requirement that disability claimants must be examined by a qualified medical professional prior to an initial determination of disability by State Disability Determination Service workers.
United States · United States Congress · 14 November 1991
Fiscal Accountability Act of 1991 - Title I: Reauthorizations of Government Programs - Requires each Government program to be reauthorized at least once during each sunset reauthorization cycle. (Sunset reauthorization cycle means the period of five Congresses beginning with the 103d Congress and with each sixth Congress following the 103d Congress.) Sets forth the procedure in the House of Representatives and the Senate for the consideration of any legislation which authorizes new budget authority. Exempts from the requirements of this Act specified items, such as interest on Federal debts, health care services, general retirement and disability payments, litigation activities which have as their objectives the protection and implementation of civil rights guaranteed by the Constitution, and specified retirement pay and benefits. Title II: Program Inventory - Directs the Comptroller General and the Director of the Congressional Budget Office, in cooperation with the Director of the Congressional Research Service, to prepare an inventory of Federal programs. Declares that the purpose of such program inventory is to advise and assist the Congress in carrying out reauthorization and reexamination requirements and to link such reauthorization and review process with the budget process. Requires the Comptroller General to submit such program inventory to each House of Congress no later than January 1, 1992. Directs the congressional committees, the Congressional Budget Office, and the Congressional Research Service to review the program inventory and to suggest revisions. Requires that the program inventory be revised at the end of each session of the Congress and that such revisions be reported to each House. Title III: Program Reexamination - Requires each committee of the Senate and the House of Representatives to reexamine selected programs or groups of programs over which it has jurisdiction. Sets forth procedures for such review and criteria for selection of program areas for evaluation. Title IV: Citizens' Commission On The Organization And Operation Of Government - Authorizes establishment of a Citizens' Commission on the Organization and Operation of Government as an independent instrumentality of the United States. Requires the Commission to conduct a study and investigation of the organization and methods of operation of Federal executive entities and authorities. Requires Commission reports to the President and specified congressional committees detailing its findings and recommendations for changes to increase the effectiveness of Government programs, services, and activities. Authorizes appropriations. Title V: Miscellaneous - Sets forth miscellaneous provisions to carry out the purposes of this Act. Directs the President, with the cooperation of the head of each appropriate agency, to submit to the Congress a regulatory duplication and conflicts report for all programs scheduled for reauthorization in the next Congress. Requires specified congressional committees to report on a review of the procedures established under this Act by December 31, 1998, and every five years thereafter. Authorizes appropriations through FY 2002.
United States · United States Congress · 7 November 1991
Congressional Accountability Act - Makes applicable to the Congress the following Federal laws, to the extent that they relate to the terms and conditions of employment, the health and safety of employees, and the rights and responsibilities of employers and employees: (1) Social Security Act; (2) National Labor Relations Act; (3) Fair Labor Standards Act of 1938; (4) Civil Rights Act of 1964; (5) Age Discrimination in Employment Act of 1967; (6) Occupational Safety and Health Act of 1970; (7) title IX of the Education Amendments of 1972; (8) Rehabilitation Act of 1973; (9) Privacy Act of 1974; (10) Age Discrimination Act of 1975; (11) Ethics in Government Act of 1978; and (12) Americans with Disabilities Act of 1990. Makes applicable also to the Congress specified provisions of Federal law: (1) commonly referred to as the Freedom of Information Act; and (2) relating to independent counsel.
United States · United States Congress · 7 November 1991
Enterprise Capital Formation Act of 1991 - Amends the Internal Revenue Code to allow a deduction for gain on investments in new small business stock (seed capital) held for at least five years. Establishes special rules for such investments. Provides for determining the maximum capital gains rate for small business net capital gain or seed capital gain. Treats capital gains on the sale of such stock as a preference item for purposes of the minimum tax.
United States · United States Congress · 7 November 1991
Congratulates Levon Ter-Petrosian for becoming the first democratically elected President of the Republic of Armenia. Commends the Armenian people for successfully executing Armenia's first free, fair, and democratic presidential election. Urges the President to recognize Armenia's declaration of independence, extend full diplomatic recognition, and support Armenia's application to join international organizations.
United States · United States Congress · 7 November 1991
Calls upon the President not to proceed toward the normalization of diplomatic and economic relations with the Socialist Republic of Vietnam until the Senate Select Committee on POW/MIA Affairs has reported its findings on the accounting of missing American servicemen in Southeast Asia.
United States · United States Congress · 7 November 1991
Expresses the sense of the Congress that the President should award the Presidential Unit Citation to the U.S.S. Nevada's crew for their heroism and gallantry during the attack on Pearl Harbor on December 7, 1941.
United States · United States Congress · 6 November 1991
States that U.S. policy to foster banking and thrift institution stability shall be consistent with the preservation of credit in order to create employment and promote economic recovery. Directs the Department of the Treasury and other Federal instrumentalities to review and change as appropriate related policies and procedures.
United States · United States Congress · 4 November 1991
Urges and requests the President to require the Secretary of the appropriate military department to award the Bronze Star to each member of the Navy or Marine Corps who served under General Wainwright during the defense of Corregidor Island, the Philippines, during World War II.
United States · United States Congress · 30 October 1991
Economic Growth Act of 1991 - Title I: Investment and Job Creation Incentives - Subtitle A: Reduction in Capital Gains Tax for Individuals - Amends the Internal Revenue Code to reduce the capital gains deduction for individuals. Provides special rules for the gain or loss from the sale or exchange of collectibles and sales of interest in partnerships. Disallows such deduction in computing the alternative minimum tax. Revises the formula for determining gain from the dispositions of certain depreciable realty to take into account depreciation adjustments (adjustments allowed or allowable for exhaustion, wear and tear, obsolescence, or certain amortization). Subtitle B: Inflation Adjustment for Investments - Requires indexing, based on the consumer price index, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business after April 15, 1991) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for the inflation adjustment treatment of: (1) short sales; (2) regulated investment companies and real estate investment trusts; and (3) partnerships, S corporations, and common trust funds. Prohibits gain from the sale or other disposition of an indexed asset from being taken into account under the limitation on investment interest. Subtitle C: Enterprise Zones - Part I: Designation - Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Part II: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Part III: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Part IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Part V: Repeal of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987. Subtitle D: Research and Experimentation Credit Made Permanent - Makes permanent the tax credit for increasing research activities and the tax credit for clinical testing expenses. Title II: Savings Incentives - Allows individuals to establish individual retirement plus accounts with tax treatment similar to that for individual retirement plans. Makes contributions to such accounts nondeductible. Allows existing individual retirement accounts (IRA) to be rolled over into individual retirement plus accounts with payment of tax on the amount rolled over for which a deduction was once allowable, but no tax when withdrawn. Title III: Homeownership Incentives - Subtitle A: First-Time Homebuyers - Allows a tax credit for the first-time purchase of a principal residence by individuals with incomes of $31,000 or less (phased-out to incomes of up to $41,000). Limits such credit to $1,000. Subtitle B: Penalty-Free IRA Plus Withdrawal for Home Purchase, Higher Education, and Health Costs - Allows penalty-free distributions from IRA Plus accounts of up to 25 percent of the account limit for: (1) first-time homebuyers; (2) medical expenses; and (3) higher education expenses. Title IV: Work Incentives - Subtitle A: Reduction in Social Security Penalty on Working Elderly - Amends title II of the Social Security Act (Old-Age, Survivors and Disability Insurance Benefits) to raise the earnings limit for retirees. Appropriates to each payor fund amounts equivalent to the aggregate increase in social security benefits payable from such fund which is attributable to such amendment. Directs the Secretary of Health and Human Services to study during 1997 whether further amendments relating to deductions on account of work and the exempt amount under the earnings limit are necessary or appropriate. Subtitle B: 25 Percent Reduction in Income Tax Rates - Reduces the individual income tax rates and the alternative minimum tax. Title V: Reduction in Federal Spending to Offset Revenue Loss - Requires the Director of the Office of Management and Budget to annually: (1) estimate the amount (if any) of the net reduction in Federal revenues for the fiscal year which will result from the amendments made by this Act; and (2) determine the sequestration percentage necessary to reduce Federal outlays for such fiscal year by an aggregate amount equal to the estimated amount of such net reduction. Requires the President to issue an order requiring a sequestration with respect to each budget account in an amount equal to the sequestration percentage of the amount otherwise available for such account.
United States · United States Congress · 29 October 1991
1996 Atlanta Centennial Olympic Games Commemorative Coin Act - Provides for the minting and sale of commemorative gold and silver coins to support the 1996 Atlanta Centennial Olympic Games and the programs of the United States Olympic Committee.
United States · United States Congress · 24 October 1991
Authorizes the Air Force Association to establish a memorial on Federal land in the District of Columbia or its environs to honor the men and women who have served in the U.S. Air Force.
United States · United States Congress · 22 October 1991
Intermodal Safe Container Transportation Act of 1991 - Requires any person initially tendering, to a carrier of property, any container or trailer in interstate or foreign commerce having a gross weight of more than 10,000 pounds to give the carrier verification of the total cargo weight and a description of the cargo. Makes such requirement applicable only to intermodal transportation. Requires the Secretary of Transportation to adopt rules to enforce this Act and provides for State enforcement.
United States · United States Congress · 22 October 1991
Management Corps Act of 1991 - Requires the President to designate a private nonprofit organization which has demonstrated expertise in providing assistance to business enterprises in the Republics of the Soviet Union and the Baltic States through United States citizens with expertise in the management of business enterprises who voluntarily donate their time and services to such enterprises in those countries. Designates such organization as the Management Corps. Sets forth administrative provisions for such Corps. Provides for grants to the Corps to be made by the Secretary of State through the Agency for International Development. Requires the Corps to publish an annual report which shall be submitted to the Speaker of the House of Representatives and the President of the Senate. Authorizes appropriations for FY 1993 through 1995.
United States · United States Congress · 22 October 1991
Expresses the sense of the Congress that the President should: (1) condemn the use of force in Yugoslavia; (2) recognize the independence of the Republics of Croatia and Slovenia; and (3) work for the cessation of hostilities leading to a negotiated settlement and peace in the region.
United States · United States Congress · 17 October 1991
Expresses the sense of the Congress that: (1) the International Red Cross/Red Crescent Movement should include Magen David Adom (MDA) as a legitimate national society of the Movement; (2) the Star of David should be recognized as a legitimate symbol of humanitarian concern when utilized by MDA; and (3) all other national societies of the Movement should support full MDA membership.
United States · United States Congress · 16 October 1991
Foreign Aid Reporting Reform Act of 1991 - Directs the President, in conjunction with the submission of annual requests for enactment of authorizations and appropriations for foreign assistance programs, to submit to the Congress a single report containing: (1) an integrated justification for all foreign assistance programs proposed for the coming fiscal year; and (2) an assessment of when the objectives of those programs will be achieved so that the assistance can be terminated. Requires the President to include in such report general information regarding the foreign assistance program, as well as information concerning specific assistance recipients and centrally-funded programs. Directs congressional committees reporting legislation authorizing the enactment of or providing new budget authority for foreign assistance programs to include in reports accompanying such legislation an explanation for any change proposed in: (1) the total amount of new budget authority authorized or provided for any program as compared to the amount proposed by the President; or (2) the amount of assistance for any specific recipient or for any centrally-funded program as compared to the amount proposed by the President.