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United States · Official source
1,202 records where Rep. Zimmer, Dick [R-NJ-12] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 14 April 1994
Amends the Internal Revenue Code to require verification of taxpayer identification numbers for purposes of the earned income credit.
United States · United States Congress · 14 April 1994
Biotechnology Competitiveness Act of 1994 - Requires the Director of the Office of Science and Technology Policy to provide for Federal coordination of biotechnology research and development.
United States · United States Congress · 14 April 1994
Congratulates the residents of Jerusalem and the people of Israel on the 27th anniversary of the reunification of that city. Calls upon the President and the Secretary of State to issue an unequivocal statement in support of the principle that Jerusalem must remain an undivided city and the capital of Israel in which the rights of every ethnic and religious group are protected.
United States · United States Congress · 13 April 1994
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require pay-as-you-go estimates with respect to legislation implementing trade agreements to take into account increased revenue caused by economic growth resulting from such legislation to offset any loss in tariff revenues due to that legislation.
United States · United States Congress · 24 March 1994
Humanitarian Aid Corridor Act - Prohibits foreign assistance funds from being used to provide assistance to any country for any portion of a fiscal year during which the country prohibits or restricts the transport or delivery of U.S. humanitarian assistance to any other country. Makes such prohibition inapplicable if the President determines and notifies the Congress that providing assistance: (1) is in the national interest; or (2) will benefit directly non-military personnel who are in immediate danger resulting from a natural or manmade disaster (provided that such assistance is humanitarian assistance distributed directly to such personnel or through international relief organizations).
United States · United States Congress · 24 March 1994
Calls for the United States, at the International Conference on Population and Development, to: (1) place the highest priority on the success of the Conference by actively participating, particularly through the President's personal participation; (2) propose or support an initiative concerning the financing of global cooperation on efforts to slow rapid population growth that takes into account the costs of slowing growth and the basic development goals of developing countries and that increases accountability for the use of funds provided for family planning purposes; (3) seek to initiate a process of regular high-level intergovernmental consultations on the issues under consideration at the Conference and establish improved organizational and procedural means to implement its objectives; (4) support the effective implementation of a global action plan to raise the economic, educational, and leadership status of women and programs that provide maternal and child health care, education, and training for women and voluntary family planning; and (5) promote public participation, especially by women, at all levels of formulation and implementation of family planning and sustainable development policy and programs.
United States · United States Congress · 21 March 1994
Limits to no more than two vessels (designated SSN-21 and SSN-22) the number that may be constructed under the Seawolf attack submarine program. Limits the cost of procurement for such vessels.
United States · United States Congress · 17 March 1994
TABLE OF CONTENTS: Title I: Golden Gate National Area Title II: Presidio Public Benefit Corporation Title I: Golden Gate National Recreation Area - Includes certain areas in Mateo County, California, within the Golden Gate National Recreation Area. Authorizes the Secretary of the Interior to: (1) utilize the resources of the Presidio unit of the Golden Gate National Recreation Area, California, to provide for and support programs and activities that foster research, education, and demonstration projects concerning the environment, international affairs, cultural understanding, health, and science; (2) negotiate and enter into leases, as appropriate, with any private or government entity for the use of any property within the Presidio, except such properties which the Secretary of Defense determines are essential for the continued use of the Presidio by the sixth Army in accordance with the Area's General Management Plan or the Act establishing the Area; (3) negotiate and enter into leases or other appropriate agreements with any Federal agency or organization to house that agency's or organization's employees who are engaged in activities or programs at the Presidio; and (4) enter into interagency permitting agreements or other appropriate agreements with the Secretary of Defense and the Administrator of the Federal Emergency Management Agency and leases with the Red Cross to house their activities and employees at the Presidio. Requires the Secretary to establish competitive bidding procedures to be used for the issuance of such leases. Authorizes the Secretary to enter into cooperative agreements and permits for purposes of such Area. Title II: Presido Public Benefit Corporation - Authorizes the President to establish the Presidio Public Corporation only after San Francisco makes specified zoning decisions. Requires the Secretary to transfer all lands, facilities, and interest in certain Presidio properties to the Corporation. Transfers the Public Health Service Hospital and surrounding 36 acres to the administrative jurisdiciton of the Corporation. Directs the Corporation to sell: (1) the Public Health Service Hospital and adjacent golf course and allows it to use the proceeds of the sale for any function authorized by this Act; and (2) at fair market value, the Letterman Army Institute of Research, Letterman Army Medical Center, and such other buildings and lands in the Letterman complex necessary to conduct scientific research or education programs pertaining to human health to the University of California and authorizes it to use the proceeds from the sale for the same purposes. Allows the Secretary or other Cabinet officers to provide Federal personnel, facilities, and services to the Corporation on a reimbursement basis. Declares that the Corporation is devoted to an essential public and governmental function and purpose. Exempts it from all Federal taxes and special assessments. Applies all general penal statutes relating to the larceny, embezzlement, or conversion of public moneys or U.S. property to the moneys and property of the Corporation. Subjects the Corporation to provisions of Federal laws relating to administrative procedures and freedom of information.
United States · United States Congress · 16 March 1994
Deficit Reduction Lock Box Act of 1994 - Establishes the Deficit Reduction Trust Fund consisting of amounts contained in deficit reduction lock box provisions of appropriations Acts. Reduces discretionary spending limits by amounts transferred to the Fund. Amends the Congressional Budget Act of 1974 to require that amounts resulting from reduced spending under general appropriations bills be placed in the Fund. Requires the Congressional Budget Office to score all general appropriations measures as passed by the House and Senate and to publish such scorecard in the Congressional Record.
United States · United States Congress · 16 March 1994
TABLE OF CONTENTS: Title I: Eligible Shareholders of S Corporation Subtitle A: Number of Shareholders Subtitle B: Persons Allowed as Shareholders Subtitle C: Other Provisions Title II: Qualification and Eligibility Requirements for S Corporations Subtitle A: One Class of Stock Subtitle B: Elections and Terminations Subtitle C: Other Provisions Title III: Taxation of S Corpporation Shareholders Title IV: Effective Date S Corporation Reform Act of 1993 - Title I: Eligible Shareholders of S Corporation - Subtitle A: Number of Shareholders - Amends the Internal Revenue Code to increase from 35 to 50 the maximum number of shareholders of an S corporation (small business corporation). Allows members of a family to be treated as one shareholder. Subtitle B: Persons Allowed as Shareholders - Allows the following entities to be shareholders of S corporations: (1) certain tax-exempt organizations; (2) financial institutions that do not use the reserve method of accounting for bad debts; (3) nonresident aliens; and (4) certain small business trusts. Subtitle C: Other Provisions - Extends the post-death qualification for certain trusts to be permitted as shareholders from 60 days to two years. Title II: Qualification and Eligibility Requirements for S Corporation - Subtitle A: One Class of Stock - Allows an S corporation to issue qualified preferred stock. Permits financial institutions to hold safe harbor debt. Subtitle B: Elections and Terminations - Revises the rules on inadvertent terminations by certain trusts of the election to be an S corporation. Authorizes the Secretary of the Treasury to treat certain late elections as timely and to provide an automatic waiver procedure for certain inadvertent terminations. Expands the post-termination transition period until 120 days after a determination is made that the election had terminated in a prior year. Repeals excessive passive investment income as a termination event. Increases the tax imposed on such excessive income. Subtitle C: Other Provisions - Permits an S corporation to own more than 80 percent of another corporation's stock. Repeals the requirement that partnership rules apply for fringe benefit purposes (making C corporation rules applicable). Provides for the treatment of distributions during loss years. Provides a consent dividend for S corporation elections to by-pass amounts in the accumulated adjustments account when making distributions. Eliminates the need to keep records of certain generally small amounts of earnings arising before 1983. Allows S corporations to make charitable contributions of inventory and scientific property. Title III: Taxation of S Corporation Shareholders - Treats losses on liquidations of S corporations as ordinary to the extent the loss created by ordinary income pass-through triggered the liquidation. Title IV: Effective Date - Makes this Act effective after December 31, 1994.
United States · United States Congress · 16 March 1994
Declares that the Committee on Foreign Affairs should conduct a hearing to determine the foreign policy implications of the proposed joint U.S-Russian space station and make appropriate recommendations to the Committee on Science, Space, and Technology.
United States · United States Congress · 15 March 1994
Hate Group Public Funding Exclusion Act - Authorizes the Secretary of Housing and Urban Development (HUD) to make an organization controlled by an individual or individuals who promotes bias ineligible for HUD assistance.
United States · United States Congress · 15 March 1994
Directs the Director of the United States Fish and Wildlife Service to study the feasibility of establishing a National Angler's License (for the right to engage in recreational fishing in any State) and offering with such license a National Species Tag (for the right to engage in such recreational fishing for a particular species). Requires the study to include development of formulas for fees to offset any decreases in State revenues.
United States · United States Congress · 11 March 1994
Health Care Fraud and Abuse Advisory Opinion Act of 1994 - Amends title XI of the Social Security Act (SSA) to give the Secretary of Health and Human Services the authority to issue binding advisory opinions addressing certain matters, such as what constitutes prohibited remuneration or an inducement to reduce or limit Medicare or Medicaid services, and whether an arrangement or activity, actual or proposed, violates any other SSA provisions. Amends SSA title XVIII (Medicare) to give the Secretary the authority to issue binding advisory opinions on whether an arrangement or proposed arrangement will result in a prohibited physician referral. Requires the Secretary to issue regulations establishing systems for the issuance of the advisory opinions above.
United States · United States Congress · 10 March 1994
Prohibits the use of funds authorized to be appropriated to the Department of State to pay any expense associated with the establishment of diplomatic relations (including the establishment, upgrading, or expansion of any consulate, embassy, mission, or other post of such Department and any increase in the number or level of positions at any such post) between the United States and the territory of the former Yugoslav republic of Macedonia under any official designation of such territory which includes the term "Macedonia."
United States · United States Congress · 10 March 1994
Spending Reduction Enforcement Act of 1994 - Establishes the Spending Reduction Commission to propose cost savings and changes in law to achieve at least $65 billion of budget outlay reductions for the budget year and each outyear until a balanced budget is reached. Sets forth the procedure for implementation of the Commission's recommendations by the Office of Management and Budget, the President, and the Congress. Makes any budget outlay reductions permanent. Sets forth sequestration procedures if the full amount of required savings is not achieved by the end of a session of Congress.
United States · United States Congress · 9 March 1994
Supplemental Appropriations Rescissions Act of 1994 - Rescinds FY 1994 funds made available to: (1) the Federal Bureau of Investigation for the automation of fingerprint identification services; (2) the Federal Railroad Administration for the conversion of a post office to a train station and commercial center; and (3) the Department of Housing and Urban Development for assistance to sugarcane mills on the Hilo-Hamakua Coast of Hawaii. Repeals the authority of the Secretary of Transportation to use specified funds to relocate, repair, and lay up the nuclear ship SAVANNAH.
United States · United States Congress · 3 March 1994
TABLE OF CONTENTS: Title I: Insurance Reform Subtitle A: Increased Availability and Continuity of Health Coverage for Employees and Their Families Subtitle B: Reform of Health Insurance Marketplace for Small Business Subtitle C: Preemption Subtitle D: Health Deduction Fairness Title II: Preventing Fraud and Abuse Subtitle A: Establishment of All-Payer Health Care Fraud and Abuse Control Program Subtitle B: Revisions to Current Sanctions for Fraud and Abuse Subtitle C: Administrative and Miscellaneous Provisions Subtitle D: Amendments to Criminal Law Title III: Malpractice Reform Subtitle A: Findings; Purpose; Definitions Subtitle B: Uniform Standards for Malpractice Claims Subtitle C: Requirements for State Alternative Dispute Resolution Systems (ADE) Title IV: Paperwork Reduction and Administrative Simplification Title V: Expanding Access/Preventive Care Subtitle A: Expanding Access Through Community Health Authorities Subtitle B: Expansion of Public Health Programs on Preventive Health Title VI: Antitrust Provisions Title VII: Prefunding Government Health Benefits for Certain Annuitants Health Reform Consensus Act of 1994 - Title I: Insurance Reform - Subtitle A: Increased Availability and Continuity of Health Coverage for Employees and Their Families - Requires each employer to make available to each eligible employee a group health plan under which: (1) coverage of each eligible individual with respect to such employee may be elected on an annual basis; (2) coverage is provided for at least the required coverage specified; and (3) employees may elect to have premiums collected through payroll deduction. Does not require employer contributions to the cost of coverage under such a plan. Provides for the exclusion of: (1) employers who have been employers for less than two years or who have no more than two eligible employees or no more than two eligible employees not covered under any group health plan; and (2) family members under specified circumstances. Specifies that a group health plan shall not be treated as failing to meet the requirements of this Act solely because a period of service by an eligible employee of not more than 60 days is required for coverage. Specifies that the required coverage is standard coverage, except that in the case of a small employer that has not contributed during the previous plan year to the cost of coverage for any eligible employee under any group health plan, the required coverage for the plan year is coverage under a standard plan and a catastrophic plan. Provides for a five-year transition for existing group health plans. (Sec. 1002) Sets forth provisions regarding: (1) compliance with applicable requirements through multiple employer health arrangements; and (2) coverage options under a State medical health allowance program. (Sec. 1011) Prohibits a group health plan from imposing (and an insurer from requiring an employer from imposing through a waiting period for coverage under a plan or similar requirement) a limitation or exclusion of benefits relating to treatment of a preexisting condition if: (1) the condition relates to a condition that was not diagnosed or treated within three months before the date of coverage under the plan; or (2) the limitation or exclusion extends over more than six month after the date of coverage, applies to an individual who, as of the date of birth, was covered under the plan, or relates to pregnancy. Specifies that, in the case of an individual who is eligible for coverage under a plan but for a waiting period imposed by the employer, the individual shall be treated as having been covered under the plan as of the earliest date of the beginning of the waiting period. (Sec. 1012) Requires each group health plan to waive any period applicable to a preexisting condition for similar benefits with respect to an individual to the extent that the individual, prior to enrollment in such plan, was covered for the condition under any other health plan. (Sec. 1013) Prohibits: (1) a multiemployer plan and an exempted multiple employer health plan from canceling or denying renewal of coverage under such a plan for an employer other than for nonpayment of contributions, fraud or other misrepresentation, noncompliance with plan provisions, failure to maintain minimum participation rates (in the case of a small employer) misuse of a provider network provision, or because the plan is ceasing to provide any coverage in a geographic area; (2) an insurer from canceling a health insurance plan or denying renewal of coverage other than as prescribed above; and (3) an insurer who terminates the offering of health insurance plans in an area from offering such a plan to any employer in the area until five years after the date of the termination. (Sec. 1021) Makes provisions of the Employee Retirement Income Security Act of 1974 applicable with respect to enforcement of this Act (by the Department of Labor). Imposes a civil penalty ($100 per day for each individual involved, subject to specified limitations) on the failure of an insurer to comply with the requirements of sections 1011 through 1013, unless the Secretary of Health and Human Services (Secretary) determines that the State has in effect a regulatory enforcement mechanism that provides adequate sanctions. Subtitle B: Reform of Health Insurance Marketplace for Small Business - Requires each insurer that makes available a health insurance plan to a small employer in a State to make available to each small employer in the State a standard plan and a catastrophic plan, with exceptions for health maintenance organizations (HMOs) and if a State provides for guaranteed availability (rather than guaranteed issue). Requires each insurer that offers a standard or catastrophic plan to a small employer in a State to accept: (1) every small employer in the State that applies for coverage; and (2) every eligible individual who applies for enrollment on a timely basis. Sets forth provision regarding: (1) special rules for HMOs; (2) timely enrollment requirements; and (3) enrollment of spouses and dependents. Makes such requirements inapplicable in a State that has provided (in accordance with specified standards) a mechanism under which each insurer offering a health insurance plan to a small employer in the State must participate in a program for assigning high-risk small employer groups (or individuals within such a group) among some or all such insurers, if the insurers comply. (Sec. 1102) Defines "health plan" as a health insurance plan that: (1) is designed to provide standard coverage with substantial cost-sharing or only catastrophic coverage; (2) meets applicable requirements relating to guaranteed issue; (3) meets specified consumer protection standards; and (4) meets any participation requirements with respect to an applicable reinsurance or allocation of risk mechanism. States that standard coverage includes: (1) inpatient and outpatient hospital care; (2) inpatient and outpatient physicians' services; (3) diagnostic tests; (4) specified preventive services; and (5) specified inpatient hospital care for mental disorders. Sets forth coverage scope, including that there be no limits on the amount, scope, or duration of items number one, two, and three in the preceding sentence. Sets forth exceptions. Sets forth limitations on deductibles, copayments and coinsurance, and out-of-pocket expenses. Defines a catastrophic benefits package. Provides for the determination of target actuarial values for standard and catastrophic coverage. (Sec. 1103) Directs the Secretary to request NAIC to develop model regulations that specify standards with respect to requirements: (1) that insurers make available health plans; (2) of guaranteed availability of health plans to small employers; (3) relating to limits on premiums and certain consumer protections; (4) relating to limitation of annual premium increases; and (5) for standard and catastrophic coverage. Requires the Secretary to review such standards and, if NAIC fails to specify standards meeting such requirements, to promulgate standards. Sets forth provisions regarding: (1) the application of health plan standards and consumer protection standards by the States; (2) the Federal role; and (3) consumer protection standards. (Sec. 1104) Sets forth provisions: (1) regarding limits on premiums and annual premium increases; and (2) requiring an insurer, at the time of offering a health insurance plan to a small employer, to fully disclose rating practices for health insurance plans, including rating practices for different populations and benefit designs. (Sec. 1106) Directs the Secretary to: (1) request NAIC to develop models for reinsurance or allocation of risk mechanisms for health insurance plans made available to small employers for whom an insurer is at risk of incurring high costs under the plan; and (2) review such models or specify models. Sets forth provisions regarding implementation of reinsurance or allocation of risk mechanisms by the States and the Federal role. (Sec. 1108) Directs the Secretary to establish an Office of Private Health Care Coverage. Requires the Office Director to submit to the Congress annual reports evaluating health care coverage reform. (Sec. 1109) Authorizes the Director to conduct: (1) research on the impact of this subtitle on the availability of affordable health coverage for employees and dependents in the small employers group health care coverage market and other specified topics; and (2) demonstration projects relating to such topics. Requires the Director to develop: (1) methods for measuring the relative health risks of eligible individuals in terms of the expected costs of providing benefits under health insurance plans and, in particular, health plans; (2) a model for equitably distributing health risks among insurers in the small employer health care coverage market. Authorizes appropriations. Subtitle C: Preemption - Prohibits: (1) State benefit mandates for group health plans; and (2) State or local law prohibitions against two or more employers obtaining coverage under an insured multiple employer health plan. (Sec. 1203) Preempts State restrictions concerning: (1) reimbursement rates or selective contracting; (2) differential financial incentives; and (3) utilization review methods. Directs the Comptroller General to conduct a study of the benefits and cost effectiveness of the use of managed care in the delivery of health services. (Sec. 1211) Amends the Employee Retirement Income Security Act of 1974 (ERISA) to allow a limited exemption under preemption rules for multiple employer plans providing health benefits subject to certain Federal standards. Relieves exempted multiple employer plans providing medical care benefits of certain restrictions on preemption of State law. Treats such plans as employee welfare benefit plans. Allows commencement of new arrangements only if such exemption is in effect or an application is pending and the Secretary of Labor determines that provisional protection is appropriate. Sets forth exemption procedures, eligibility requirements, and additional requirements applicable to exempted arrangements. Requires certain disclosures to participating employers, maintenance of reserves, and corrective actions. Provides for expiration, suspension, and revocation of exemptions, and for review of actions by the Secretary. (Sec. 1213) Revises provisions relating to scope of preemption rules, and to treatment of single employer arrangements and of certain collectively bargained arrangements. (Sec. 1215) Establishes special rules for employee leasing healthcare arrangements. Treats such arrangements as multiple employer welfare arrangements except when they are multiple employer health plans. (Sec. 1216) Sets forth enforcement provisions relating to multiple employer welfare arrangements and employee leasing health care arrangements. (Sec. 1217) Sets forth filing requirements for multiple employer welfare arrangements. (Sec. 1218) Provides for cooperation between Federal and State authorities in enforcing ERISA requirements for multiple employer welfare arrangements with the limited exemption. (Sec. 1221) Amends the Internal Revenue Code to eliminate the commonality of interest or geographic location requirement for tax exempt trust status for multiple employer health plans and insured multiple employer health plans if they meet certain requirements under ERISA and this Act. (Sec. 1231) Amends ERISA to direct the Secretary of Labor to prescribe an alternative method providing for a single annual report with respect to all employers who are covered under the same insured multiple employer health plan. (Sec. 1241) Provides for compliance with applicable coverage requirements through multiemployer plans and other multiple employer health arrangements. Subtitle D: Health Deduction Fairness - Amends the Internal Revenue Code to provide for a permanent extension and increase in the health insurance tax deduction for self-employed individuals. Title II: Preventing Fraud and Abuse - Subtitle A: Establishment of All-Payer Health Care Fraud and Abuse Control Program - Directs the Attorney General to establish a program to: (1) coordinate Federal, State, and local law enforcement programs to control health care fraud and abuse; (2) conduct investigations, audits, and inspections relating to the delivery of payment for health care; and (3) facilitate enforcement of provisions of the Social Security and other Acts applicable to health care fraud and abuse. Authorizes additional appropriations as necessary. (Sec. 2003) Establishes the Anti-Fraud and Abuse Trust Fund. Subtitle B: Revisions to Current Sanctions for Fraud and Abuse - Excludes from participation in Medicare and State health care programs any individual or entity convicted of: (1) fraud in connection the delivery of a health care item or service; or (2) a felony related to a controlled substance. (Sec. 2103) Subjects to a civil monetary penalty any individual or entity offering inducements to individuals to receive any service or supply from a particular provider. (Sec. 2104) Permits the imposition of intermediate sanctions in addition to the current option of termination, for Medicare health maintenance organizations. Subtitle C: Administrative and Miscellaneous Provisions - Directs the Secretary to establish a national health care fraud and abuse data collection program for the reporting of final adverse actions against health care providers, suppliers, or practitioners. Requires each government agency and health care plan to report to the Secretary any final adverse action taken against a health care provider, supplier, or practitioner. Subtitle D: Amendments to Criminal Law - Establishes a penalty of up to five years' imprisonment for knowingly: (1) defrauding any health care plan; or (2) fraudulently obtaining money or property in connection with the delivery of health care items, benefits, or services. Permits a payment of up to $10,000 to any person furnishing information relating to any such crime. Title III: Malpractice Reform - Subtitle A: Findings; Purpose; Definitions - Sets forth, for this title, findings, purposes, and definitions. Subtitle B: Uniform Standards for Malpractice Claims - Makes this subtitle applicable to any medical malpractice liability action brought in a Federal or State court and to any medical malpractice claim subject to an alternative dispute resolution system. (Sec. 3102) Prohibits bringing a medical malpractice liability action in either a State or Federal court unless there has been an initial resolution of the action under an alternative dispute resolution system. Directs the Attorney General to establish an alternative dispute resolution process for medical malpractice liability claims brought against the United States. (Sec. 3104) Sets limits on both noneconomic damages and punitive damages. (Sec. 3105) Provides for the periodic payment of future losses. (Sec. 3106) Limits attorney's fees. (Sec. 3108) Sets forth special provisions for certain obstetric services. Subtitle C: Requirements for State Alternative Dispute Resolution System (ADR) -Requires a State's alternative dispute resolution system, among other things to: (1) apply to all medical malpractice liability claims within the jurisdiction of the State's courts; (2) issue a written opinion resolving the dispute within six months of a defendant receiving notice; (3) qualify individuals who hear and resolve claims under the system; and (4) notify the appropriate State agency if there is a finding of malpractice, unless the provider contests the ADR decision. (Sec. 3202) Directs the Secretary to establish an Alternative Dispute Resolution Advisory Board in order to advise the Secretary regarding the establishment of State and Federal ADR systems. Provides for the certification of State ADR systems by the Board. Title IV: Paperwork Reduction and Administrative Simplification - Preempts State quill pen laws. (Sec. 4102) Provides for the confidentiality of electronic health care information. (Sec. 4003) Directs the Secretary to establish national goals for the health care industry concerning: (1) standardization for the electronic receipt and transmission of health plan information; (2) use of uniform health claims forms and identification numbers; (3) priority of insurers when benefits are payable under two or more health plans; and (4) availability of information among health plans when benefits are payable under two more plans. Requires the Secretary to promulgate requirements if the industry does not meet the goals. Provides for monetary penalties on any health plan that does not meet the Secretary's requirements. Title V: Expanding Access/Preventive Care - Subtitle A: Expanding Access Through Community Health Authorities - Amends title XIX (Medicaid) of the Social Security Act to direct the Secretary to operate a program under which States establish projects to demonstrate the effectiveness of various innovative health care delivery approaches through the operation of community health authorities. Requires a community health authority to be a nonprofit entity that: (1) serves a geographic area that includes those designated by the Public Health Service Act as medically underserved or as being in a health professions shortage area; (2) enrolls the Medicaid eligible; and (3) provides for the provision of at least preventive services, primary care services, inpatient and outpatient hospital services, and other services. (Sec. 5002) Authorizes the Secretary to make grants to migrant and community health centers for the development of health service networks to serve high impact areas, medically underserved areas, or medically underserved populations. Authorizes appropriations through FY 1999. Subtitle B: Expansion of Public Health Programs on Preventive Health - Authorizes appropriations, under the Public Health Service Act, for the following: (1) immunizations against vaccine-preventable diseases; (2) prevention, control, and elimination of tuberculosis; (3) lead poisoning prevention; (4) preventive health measures with respect to breast and cervical cancers; (5) the Office of Minority Health Disease Prevention and Health Promotion; and (6) the Office of Minority Health; and (7) the preventive health and health services block grant. Title VI: Antitrust Provisions - Directs the Attorney General to: (1) provide for the development and publication of explicit guidelines on the application of antitrust laws to the activities of health plans; and (2) establish a review process under which the administrator or sponsor of a health plan may submit a request to the Attorney General to obtain a prompt opinion from the Department of Justice on the plan's conformity with Federal antitrust laws. (Sec. 6002) Authorizes the issuance of a certificate of public advantage by the Attorney General to each eligible health care collaborative activity if there is a finding that the benefits that are likely to result from carrying out the activity outweigh any reduction in competition that is likely to result and such reduction is reasonably necessary. Title VII: Prefunding Government Health Benefits for Certain Annuitants - Requires certain executive branch agencies to prefund government health benefits contributors for their annuitants.
United States · United States Congress · 3 March 1994
TABLE OF CONTENTS: Title I: Committee on Agriculture Subtitle A: Administration Subtitle B: Commodity programs Subtitle C: Crop Insurance and Disaster Relief Subtitle D: Food Stamps Subtitle E: Agricultural Trade Subtitle F: Conservation Title II: Committee on Armed Services Subtitle A: General Program Reductions Subtitle B: National Defense Stockpile Title III: Committee on Banking, Finance and Urban Affairs Title IV: Committee on Education and Labor Title V: Committee on Energy and Commerce Title VI: Committee on Foreign Affairs Title VII: Committee on Government Operations Title VIII: Committee on the Judiciary Title IX: Committee on Merchant Marine and Fisheries Title X: Committee on Natural Resources Title XI: Committee on Post Office and Civil Service Title XII: Committee on Public Works and Transportation Title XIII: Committee on Science, Space, and Technology Title XIV: Committee on Small Business Title XV: Committee on Veterans' Affairs Title XVI: Committee on Way and Means Title XVII: Multiple Committee Jurisdiction Subtitle A: Benefits for Illegal Aliens Subtitle B: Economic Development Administration Sunset Subtitle C: Reductions in Spending Under Medicare Subtitle D: Economic Development and Disaster Assistance Subtitle E: International Trade Administration Assistance Subtitle F: Agricultural Export Bonus Program Title XVIII: Unfunded mandates Subtitle A: General Limitations Subtitle B: Commission on Unfunded Federal Mandates Subtitle C: State Mandate Estimates Title XIX: Legislative Branch Provisions Title XX: Enforcement Fiscal Responsibility Act of 1994 - Title I: Committee on Agriculture - Subtitle A: Administration - Consolidates the Agricultural Research Service, the Cooperative State Research Service, and the Extension Service of the Department of Agriculture. (Sec. 102) Reduces the number of specified farm agencies field offices. Subtitle B: Commodity Programs - Amends the Agricultural Act of 1949 to repeal nonrecourse loan authority for rice, cotton, feed grains, wheat, oilseeds, sugar, and other nonbasic commodities. (Sec. 112) Reduces target prices for wheat, feed grains, upland cotton, and rice (basic commodities). (Sec. 113) Eliminates the 0/85 and 50/85 conservation use programs. (Sec. 114) Reduces basic commodities payment acres. (Sec. 115) Eliminates the tobacco price support and marketing quota programs. (Sec. 116) Eliminates the peanut price support program. (Sec. 117) Eliminates the cotton price support and related programs. (Sec. 118) Eliminates the price support and related programs. Subtitle C: Crop Insurance and Disaster Relief - Repeals the Federal Crop Insurance Act. Directs the Secretary of Agriculture to implement an annual emergency crop loss assistance program. Authorizes appropriations. Subtitle D: Food Stamps - Amends the Food Stamp Act of 1977 to reduce State administrative reimbursement amounts. Subtitle E: Agricultural Trade - Discontinues the Foreign Agricultural Service's cooperator market development program. (Sec. 142) Amends the Agricultural Trade Act of 1978 to eliminate the export enhancement program. (Sec. 143) Reduces funding levels for short-term export credit guarantees. (Sec. 144) Eliminates the market promotion program. Subtitle F: Conservation - Amends the Food Security Act of 1985 to eliminate the conservation reserve program. Title II: Committee on Armed Services - Subtitle A: General Program Reductions - Directs the Secretary of Defense to prohibit the obligation of funds appropriated for a fiscal year after FY 1994 for procurement of the Trident II missile, except for necessary contract termination costs. (Sec. 202) Directs the Secretary of the Navy, by the end of FY 1995, to end the use of double crews on ballistic missile submarines and to reduce the operating tempo of such submarines so that only about one-third are at sea at any one time, with an exception for national security reasons. (Sec. 203) Requires: (1) an FY 1995 five percent reduction in the amount spent by the Government on intelligence activities; (2) cancellation of the Air Force Follow-on Early Warning System; (3) by the end of FY 1997 a reduction to no more than 100 cruisers, destroyers, and frigates in the active forces of the Navy; (4) a reduction in the rate of procurement of DDG-51 destroyers; (5) cancellation of construction of any new TAGOS-23 vessels and MHC mine-hunting vessels; (6) by the end of FY 1998 the elimination of four Army light divisions; (7) the cancellation of the Army tank upgrade program; (8) procurement of no more than 60 C-17 aircraft; (9) during FY 1995 a ten percent reduction in the amounts spent by the Department of Defense (DOD) for independent research and development; (10) the cancellation of the National Aerospace Plane program; (11) the termination of funding for SEMATECH; (12) the Secretaries of the military departments to utilize temporary early retirement authority for personnel within their departments; (13) by the end of FY 1998 a reduction in the number of officer personnel; (14) a reduction in drills for noncombat reserve units; and (15) a denial of unemployment benefits to individuals who voluntarily leave military service. (Sec. 219) Directs the Secretary to: (1) reduce the DOD civilian work force to 813,000 by the end of FY 1997; (2) downsize the amount expended on recruiting by 13 percent by the end of FY 1995; (3) reduce the number of DOD civilian personnel performing support functions at military installations; and (4) implement a one-year tour of duty for personnel assigned to duty in Europe (with exceptions) by the end of FY 1996. (Sec. 223) Directs the President to negotiate with Italy, Germany, the United Kingdom, and the Republic of Korea toward a greater assumption of (not less than 75 percent of annual costs) of the costs of stationing U.S. troops there. (Sec. 224) Directs the Secretary of Energy to sell the naval petroleum reserves. Subtitle B: National Defense Stockpile - Amends the National Defense Authorization Act for Fiscal Year 1994 and the National Defense Authorization Act for Fiscal Year 1993 to require (current law authorizes) the disposal of obsolete and excess materials in the National Defense Stockpile (NDS). Requires all proceeds from the sale of NDS materials to be placed in the Treasury and used to reduce the Federal deficit. Title III: Committee on Banking, Finance and Urban Affairs - Amends the Housing and Community Development Act of 1974 to eliminate the community development block grant program. (Sec. 302) Amends specified housing Acts to increase family rental contributions. (Sec. 303) Amends the United States Housing Act of 1937 to freeze public housing and section 8 Federal rental assistance levels at FY 1994 levels. (Sec. 304) Prohibits the Secretary of Housing and Urban Development from entering into new assistance agreements for construction of (non-Indian) public housing, housing for the elderly, and housing for persons with disabilities. Increases voucher authority and set-asides for housing for the elderly and persons with disabilities. (Sec. 305) Prohibits the Secretary from making special purpose grants. (Sec. 308) Amends the National Housing Act to terminate the Government National Mortgage Association. (Sec. 313) Repeals the Low-Income Housing Preservation and Resident Homeownership Act of 1990. (Sec. 315) Prohibits the Secretary from making or insuring any new rural rental housing loans under the Housing Act of 1949. (Sec. 316) Limits annual rural housing loan or loan guarantee amounts under such Act. (Sec. 317) Prohibits U.S. assistance to the International Development Association through FY 1999. (Sec. 318) Amends the Export-Import Bank Act of 1945 to authorize specified appropriations through FY 1999 for the Export-Import Bank of the United States. Title IV: Committee on Education and Labor - Repeals special programs for State assistance for vocational education support programs by community-based organizations and for consumer and homemaking education under the Carl D. Perkins Vocational and Applied Technology Act. (Sec. 402) Repeals the program of grants to States for public library construction and technology enhancement under the Library Services and Construction Act. Repeals the Follow Through Act and its Follow Through program. Repeals the law-related education program under the Elementary and Secondary Act of 1965 (ESEA). Repeals the law school clinical experience program under the Higher Education Act of 1965 (HEA). (Sec. 403) Repeals the State student incentive grant program under HEA. (Sec. 404) Repeals certain ESEA mathematics and science education programs (also known as the Dwight D. Eisenhower Mathematics and Science Education Act). (Sec. 405) Repeals the following campus-based student financial assistance programs under HEA: (1) supplemental educational opportunity grants; (2) work-study; and (3) Perkins direct loans. (Declares that the purpose is to permit one-half of the savings from terminating such programs to increase the amount available for the Pell grant program.) (Sec. 406) Repeals the Older Americans Community Service Employment Program under the Older Americans Act of 1965. (Sec. 407) Amends the National School Lunch Act to prohibit cash and commodity assistance for paid lunches for children in high income families. Increases assistance for reduced price lunches for children in lower-middle income families. Decreases assistance for meals or supplements for children in middle and high income families under the family or group day care home meal program. (Sec. 408) Repeals the Davis-Bacon Act (an Act which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works). (Sec. 409) Repeals the Service Contract Act of 1965. (Sec. 410) Amends the National Foundation on the Arts and the Humanities Act of 1965 to modify certain limitations on the use of Federal funds. Extends (sometimes in decreased amounts) the authorizations of appropriations for: (1) program grants by the National Endowment for the Arts (NEA) and the National Endowment for the Humanities (NEH); (2) funds to match non-Federal funds received by NEA and NEH; and (3) administration of NEA and NEH programs. Limits total appropriations authorized under such Act. Directs the Chairperson of the NEA to investigate and report to specified congressional officials on State compliance with the requirement that grants to States under such Act not be used to supplant non-Federal funds. Title V: Committee on Energy and Commerce - Amends title XIX (Medicaid) of the Social Security Act (SSA) to reduce to 45 percent the matching rate for administrative costs under the Medicaid program. (Sec. 502) Provides for the general termination of the Clean Coal Technology program. (Sec. 503) Amends the Public Health Service Act (PHSA) to: (1) provide for a reduced research budget for the National Institutes of Health; and (2) establish an authorization at unspecified levels through FY 1997 for programs for minority and disadvantaged students as exclusive PHSA title VII programs. (Sec. 504) Amends the International Travel Act of 1961 to abolish the U.S. Travel and Tourism Administration. (Sec. 505) Amends the Rail Passenger Service Act to authorize reduced appropriations for the National Railroad Passenger Corporation. Title VI: Committee on Foreign Affairs - Prohibits the aggregate amount of U.S. contributions to the United Nations and its agencies for calendar years after 1986 from exceeding an amount which bears the same ratio to the total budget of the United Nations as the total U.S. population bears to the total population of United Nations members. (Sec. 602) Repeals title I (trade and development assistance) and III (food for development program) of the Agricultural Trade Development and Assistance Act of 1954. (Sec. 603) Reduces outlays for the following programs incrementally for FY 1995 through 1999 such that FY 1999 outlays for: (1) the foreign military financing program are at least 20 percent less than those for FY 1994; and (2) the Economic Support Fund are 50 percent less than those for FY 1994. (Sec. 605) Requires the President, at the beginning of each fiscal year, to deobligate and return to the Treasury any foreign economic assistance funds that, as of the end of the preceding fiscal year, have been obligated for more than three years but have not been expended. Makes exceptions for funds for winding up program expenses. Waives such requirement in any case that the President reports to the appropriate congressional committees that the funds: (1) are being used for a construction project that requires more than three years to complete; or (2) have not been expended because of unforeseen circumstances. Title VII: Committee on Government Operations - Authorizes the Secretary of the Treasury to enter contracts to procure services for locating Federal amounts in dormant accounts in financial institutions. (Sec. 702) Limits the amount of Federal grant or contract funds for research and development (R and D) which an institution of higher education may use toward the indirect costs incurred. (Sec. 703) Provides for the sale of surplus Government-owned aircraft and motor vehicles. Places restrictions on the acquisition of aircraft and motor vehicles by the heads of covered Federal agencies. (Sec. 704) Limits the amounts that may be expended for specified overhead expenses by entities of the executive and judicial branches (except the Department of Defense and the U.S. Postal Service) through FY 1999. Title VIII: Committee on the Judiciary - Prohibits authorization of appropriations for the Legal Services Corporation. (Sec. 802) Amends the Omnibus Crime Control and Safe Streets Act of 1968 to lower the Federal share of funds for grants to States for criminal child support enforcement. Title IX: Committee on Merchant Marine and Fisheries - Requires the Secretary of Commerce to dispose of all ownership interest of the United States in the National Oceanic and Atmospheric Administration (NOAA) fleet, not acquire any new ownership interests, and obtain any new vessels for NOAA only through private sources. Terminates authority to make any new grants or contracts under the Coastal Zone Management Act of 1972 and National Sea Grant College Program Act. Title X: Committee on Natural Resources - Places a five year moratorium on the use of appropriated funds for new land acquisition by or for the Forest Service, National Park Service, U.S. Fish and Wildlife Service, or Bureau of Land Management, except acquisitions determined by the President to be vital to national security interests. (Sec. 1002) Repeals the Helium Act and provides for the sale of Federal property held in connection with that Act which is not required for other Federal purposes, as well as the sale of unneeded helium reserves held by the United States, with all funds received to be used to reduce the Federal debt. Title XI: Committee on Post Office and Civil Service - Amends Federal law to: (1) repeal provisions allowing the unlimited accumulation of annual leave by members of the Senior Executive Service; and (2) eliminate administratively uncontrollable overtime for supervisory law enforcement officers. (Sec. 1103) Requires the General Accounting Office to study and report to the Congress and the President on how increased agency flexibility in the appointment and separation of employees can be expected to result in higher levels of efficiency and productivity. Provides for limits on personnel costs in annual executive agency budgets over a six-year period. (Sec. 1104) Revises Civil Service and Federal Employees' Retirement System provisions relating to the: (1) maximum annuity allowable pursuant to cost-of-living adjustments (COLAs); and (2) accrual rate applicable for purposes of computing an annuity. (Sec. 1105) Sets limitations on COLA increases under Government retirement systems for FY 1995 through 1999. Amends the Omnibus Budget Reconciliation Act of 1993 and armed forces provisions to eliminate the delay in COLAs for Federal civilian and military retirees. Title XII: Committee on Public Works and Transportation - Prohibits the expenditure of Federal funds to construct, erect, or modify highway signs using metric system measurements (except in Puerto Rico) unless the Congress specifically authorizes such expenditure. (Sec. 1202) Amends the Federal Transit Act to decrease to or set at 50 percent the Federal share of costs for: (1) specified mass transit projects; (2) training of personnel in the transportation field; (3) establishment of university transportation centers and university research institutes; (4) acquisition of transportation equipment required by the Clean Air Act or the American with Disabilities Act of 1990; (5) nonurban transportation projects; (6) management oversight of transportation construction projects; (7) bicycle facilities; (8) a suspended light rail sytsem technology pilot project; and (9) establishment of a national transit institute. Eliminates grants for operating assistance for certain urban mass transit projects. Repeals Federal transportation assistance for: (1) mass transit projects to meet the needs of elderly persons and persons with disabilities; and (2) emergency operating expenses of the Consolidates Rail Corporation (CONRAIL), the National Railroad Passenger Corporation (AMTRAK), and other railroads. Eliminates Federal assistance for: (1) local transportation service in nonurban areas; and (2) user-side subsidies for intercity bus transportation. Eliminates the Federal share and the system vendor's share of operating costs for any deficit in the suspended light rail system technology pilot project. (Sec. 1203) Renders ineffective after FY 1994 the application to motor carriers of certain Federal transportation law and regulations. (Sec. 1204) Amends Federal law to terminate, as of October 1, 1995, the Interstate Commerce Commission (ICC) as an independent executive agency of the U.S. Government. Transfers, according to a plan developed by the Secretary of Transportation and submitted to the Congress, all duties and functions of the ICC to other Federal agencies. (Sec. 1205) Amends the Intermodal Surface Transportation Efficiency Act of 1991 to repeal the authorization of appropriations for FY 1995 through 1997 for: (1) certain highway demonstration projects; and (2) high cost of bridge projects. (Sec. 1206) Amends the Federal Aviation Act of 1958 to eliminate authorization of appropriations for FY 1995 through 1998 for the essential air service program. (Sec. 1207) Prohibits the Administrator of General Services through FY 1998 from obligating funds for construction or acquisition of new Federal buildings. (Sec. 1208) Directs the President to develop, and submit to the Congress, a plan for transferring all real property, facilities, and equipment of the Tennessee Valley Authority to appropriate public and private entities. (Sec. 1209) Repeals the Appalachian Regional Development Act of 1965. Terminates the Appalachian Regional Commission. (Sec. 1210) Amends the Airport and Airway Improvement Act of 1982 to limit the total amount appropriated from the Airport and Airway Trust Fund for FY 1995 through 1999 for grants for airport development and planning to no more than 75 of the amount appropriated for such grants from such fund for FY 1994. Title XIII: Committee on Science, Space, and Technology - Directs the National Aeronautics and Space Administration (NASA), with respect to its FY 1996 budget request to the Congress, to cancel one of the following programs: (1) the Advanced X-ray Astrophysics Facility; (2) the Cassini mission; or (3) the Earth Observation System. (Sec. 1302) Prohibits the Administrator of NASA from entering into any contract in furtherance of a space station program. (Sec. 1303) Makes ineligible to receive a grant from the National Institute of Standards and Technology (NIST) any individual with a taxable income over $120,000, and any corporation with a gross income in a taxable year of over $5 million. Title XIV: Committee on Small Business - Sets forth specified limits on FY 1995 through 1998 appropriations for direct and deferred participation loans under the Small Business Act and Small Business Investment Act of 1958. Terminates such credit programs as of October 1, 1998. Title XV: Committee on Veterans' Affairs - Entitles the United States to recover from a third party the reasonable cost of medical care and services provided (currently, provided before October 1, 1998) to a veteran for a non-service-connected disability for which the veteran would otherwise have been entitled to receive payment from the third party. Repeals the September 30, 1997, termination date before which the Secretary of Veterans Affairs is authorized to receive certain veteran's income verification from the Secretaries of the Treasury and Health and Human Services. (Sec. 1502) Directs the Secretary of Veterans Affairs to reduce the number of surgical and other acute care facilities of the Department of Veterans Affairs that have low rates of use or occupancy so that there are four percent fewer Department hospital beds at the end of FY 1999 as compared to the end of FY 1994. (Sec. 1503) Directs the Secretary to manage the Department's medical care system so as to achieve savings of $2.25 billion by the end of FY 1999 as compared to the end of FY 1994. Requires the Secretary to establish a prospective payment system in order to achieve such savings. (Sec. 1504) Authorizes the Secretary, during FY 1995 through 1998, to carry out a major construction project (MCP) only in a geographic area that does not contain underutilized non-Department facilities through which a contract could be entered. Requires the Secretary to revise projected expenditures for MCPs during such period in order to reduce such expenditures by ten percent. Title XVI: Committee on Ways and Means - Amends SSA title XX (Block Grants to States for Social Services) to provide for the consolidation of various specified social services programs, including the at-risk child care program under part A (Aid to Families with Dependent Children) (AFDC) of SSA title IV, into a single block grant program. (Sec. 1602) Amends SSA title IV part E (Federal Payments for Foster Care and Adoption Assistance) to limit the amount of Federal payments to States for child placement and administrative costs. (Sec. 1603) Amends SSA title XVI (Supplemental Security Income) (SSI) to provide for an unearned income exclusion under the SSI program. (Sec. 1604) Provides for reduced Federal reimbursement to States for administrative costs of State AFDC plans. (Sec. 1605) Amends SSA title II (Old Age, Survivors and Disability Insurance) (OASDI) to eliminate entitlement to child's insurance benefits of children of individuals who retire before attaining retirement age. (Sec. 1606) Requires that veterans' disability benefits be taken into account when determining reductions in social security old-age and disability benefits. (Sec. 1607) Amends the Internal Revenue Code (IRC) to establish additional requirements for the approval of State unemployment compensation laws by the Secretary of Labor. Includes among such requirements prohibitions on unemployment compensation payable to individuals with taxable incomes of over $120,000. (Sec. 1608) Terminates all general trade adjustment assistance under the Trade Act of 1974 after FY 1994, except the NAFTA Transitional Adjustment Assistance Program, which shall not terminate until the end of FY 1998 (as under current law). Title XVII: Multiple Committee Jurisdiction - Subtitle A: Benefits for Illegal Aliens - Prohibits, generally, the payment of direct Federal financial benefits, food stamps, and unemployment benefits to aliens who are not lawful permanent residents. Subtitle B: Economic Development Administration Sunset - Economic Development Administration Sunset Act - Abolishes the Economic Development Administration (EDA). Repeals the: (1) Public Works and Economic Development Act 1965; and (2) Local Public Works Capital Development and Investment Act of 1976. Authorizes the Secretary of Commerce to take appropriate action to conclude EDA affairs. Allows for the expenditure of EDA funds received before its termination. Allows the continued use of the Economic Development Revolving Fund to finish EDA business, but requires Fund termination upon certification by the Secretary that business is concluded. Authorizes appropriations. Subtitle C: Reductions in Spending Under Medicare - Provides for reduced payments under Medicare part A (Hospital Insurance) to hospitals for the indirect costs of medical education. (Sec. 1742) Eliminates Medicare part A payments to hospitals for enrollees' bad debts attributable to deductibles and copayments. (Sec. 1745) Provides for co-payments under Medicare part B (Supplementary Medical Insurance) for clinical diagnostic laboratory tests. (Sec. 1746) Increases the Medicare part B monthly premium beginning after December 1994. (Sec. 1751) Authorizes additional appropriations for FY 1994 through 1997 for peer review activities, enforcement of Medicare payment prohibitions, and other activities to reduce waste and fraud in the administration of Medicare. (Sec. 1752) Makes specified extensions with regard to Medicare as secondary payer. (Sec. 1753) Amends IRC and SSA to extend Medicare coverage of, and application of the hospital insurance tax to, all State and local government employees. Authorizes appropriations. Subtitle D: Economic Development and Disaster Assistance - Makes ineligible for specified Federal business development or disaster assistance: (1) individuals with taxable incomes over $120,000; and (2) corporations with taxable incomes over $5,000,000. Subtitle E: International Trade Administration Assistance - Make the same individuals and corporations described in Subtitle D ineligible for financial assistance from the International Trade Administration of the Department of Commerce. Subtitle F: Agricultural Export Bonus Program - Makes ineligible for agricultural commodities or cash payments under the export enhancement program of the Agricultural Trade Act of 1978 any individual with an annual taxable income exceeding $120,000 and any corporation with an annual gross income exceeding $5,000,000. Title XVIII: Unfunded Mandates - Subtitle A: General Limitations - Federal Mandate Relief Act of 1994 - Provides that any new requirement under a Federal statute or regulation that a State or local government conduct an activity shall apply to the government only if all funds necessary to pay the direct costs incurred in conducting the activity are provided by the Federal Government. Subtitle B: Commission on Unfunded Federal Mandates - Establishes the Commission on Unfunded Federal Mandates to: (1) investigate and review the role of unfunded Federal manadates in relations among local, State, and Federal governments; and (2) study and make recommendations to the Congress regarding the termination or suspension of unfunded Federal mandates. Authorizes appropriations. Subtitle C: State Mandate Estimates - Requires the Director of the congressional Budget Office (CBO) to submit to the House of Representatives or the Senate for each joint resolution and conference report an estimate of the costs of State and local government compliance with the legislation in question. (Makes generally conforming amendments to the Congressional Budget Act of 1974, which already requires, to the extent practicable, such estimates for every public bill and resolution, except those reported by the Committee on Appropriations of each House.) (Sec. 1822) Amends the Rules of the House of Representatives to add the same requirements under the Mandate Relief Act of 1993 with regard to committee report cost estimates and consideration of legislation for which a CBO estimate is required. Title XIX: Legislative Branch Provisions - Limits: (1) appropriations for official congressional mail costs for FY 1995 to 50 percent of the total appropriated for FY 1994; and (2) such appropriations beginning with FY 1996 to 103 percent of the total appropriated for the preceding fiscal year. (Sec. 1902) Repeals provisions of: (1) Federal law establishing the Joint Committee on Printing: (2) the Legislative Reorganization Act of 1946 establishing the Joint Committee of Congress on the Library; and (3) the Employment Act of 1946 establishing the Joint Economic Committee. Transfers all functions of the Joint Economic Committee to the appropriate House or Senate Committee on the Budget. (Sec. 1903) Limits: (1) funding for congressional committee staff for FY 1995 to 75 percent of the total appropriated for FY 1994; and (2) such funding beginning with FY 1996 to 103 percent of the total appropriated for the preceding fiscal year. (Sec. 1904) Repeals provisions of Federal law to eliminate payments of expenses for former Speakers of the House of Representatives. (Sec. 1905) Prohibits a Member of the House from hiring more than 16 full-time employees under the clerk hire allowance. (Sec. 1906) Limits: (1) funding for congressional committee staff for FY 1995 to 75 percent of the total appropriated for FY 1994; and (2) such funding beginning with FY 1996 to 103 percent of the total appropriated for the preceding fiscal year. (Sec. 1907) Amends the Legislative Reorganization Act of 1946 to establish the annual rates of pay of $100,000 for each Senator, Member of, and Delegate to, the House, and the Resident Commissioner from Puerto Rico $109,000 for the President pro tempore of the Senate, the majority and minority leaders of the Senate and the House, and $131,000 for the Speaker of the House, until adjusted by law. (Sec. 1908) Repeals provisions of the Technology Assessment Act of 1971 that established the Office of Technology Assessment. (Sec. 1909) Limits: (1) funding for the Congressional Budget Office and the Architect of the Capitol for FY 1995 to 90 percent of the total appropriated for each entity for FY 1994; and (2) such funding beginning with FY 1996 to 103 percent of the total appropriated for the preceding fiscal year. Title XX: Enforcement - Provides that none of the changes in direct spending and receipts resulting from this shall be reflected in Office of Management and Budget estimates of changes in outlays and receipts under the Balanced Budget and Emergency Deficit Control Act of 1985. Requires the Director of the Office of Management and Budget to make specified downward adjustments in the discretionary spending limits (new budget authority and outlays), as adjusted, set forth in the Congressional Budget Act of 1974 for FY 1995 through 1999.
United States · United States Congress · 3 March 1994
Designates March 23, 1994, the 92d birthday of the Rabbi Menachem Mendel Schneerson (leader of the worldwide Lubavitch movement), as Education and Sharing Day, U.S.A.
United States · United States Congress · 2 March 1994
Revolving Door Reform Act - Amends the Federal criminal code to prohibit the President or Vice President, any person employed in the executive branch at a rate payable for level I of the Executive Schedule or in a position in the Executive Office of the President (Executive Office) at a rate payable for level II, and specified high-level presidential or vice presidential appointees, for one year after such person's termination of service or employment, from: (1) knowingly making, with intent to influence, any communication or appearance before any Member, officer, or employee of Congress on behalf of any other person seeking action by such a Member in his or her official capacity; or (2) holding a supervisory position over any person who is likely to make such a communication or appearance. Sets forth a similar prohibition with respect to any person whose position is listed at level I of the Executive Schedule, who is employed in a full-time, noncareer position in the Executive Office, or who is a full-time, noncareer presidential, vice presidential, or agency head appointee in an executive agency whose rate of basic pay is not less than $110,000 and is not an appointee of the senior foreign service or a uniformed service commissioned officer. Prohibits any Member of Congress, elected officer of either House, or congressional employee with a rate of pay of $110,000 or above, for one year after leaving office or employment, from: (1) knowingly making, with intent to influence, any communication to or appearance before the President, Vice President, or any officer or employee of a department or agency on behalf of any other person seeking official action; or (2) holding a supervisory position over any person who is likely to make such a communication or appearance.
United States · United States Congress · 24 February 1994
NAFTA Pork Repeal Act of 1994 - Amends the North American Free Trade Implementation Act to repeal the authorization for (and thus eliminate): (1) the Center for the Study of Western Hemisphere Trade; (2) the North American Development Bank; (3) the snap-back tariff for orange juice; (4) the monitoring of tomato and pepper imports; and (5) data collection on fresh fruits, vegetables, and cut flowers. Prohibits the obligation or expenditure of any FY 1994 or 1995 appropriations for: (1) more than four C-17 military cargo aircraft; (2) construction of a highway connecting the Golden Gate and Antelope Valley highways north of the Santa Clarita Valley in California; or (3) construction or operation of a new agricultural research facility in Ft. Pierce, Florida, a new plutonium research laboratory in the Pantex Facility in Texas, or a new manufacturing technology facility in Henry County, Virginia. Limits to FY 1993 levels the amount of FY 1994 or 1995 appropriations that may be expended for U.S. Customs Service enforcement of textile and apparel rules.
United States · United States Congress · 24 February 1994
Prison Management Relief Act of 1994 - Amends the Federal criminal code to prohibit a Federal court from holding prison or jail crowding unconstitutional under the eighth amendment except to the extent that an individual plaintiff inmate proves that the crowding causes the infliction of cruel and unusual punishment of that inmate. Specifies that the relief in such a case shall not extend further than necessary to remove the conditions that are causing the cruel and unusual punishment of the plaintiff inmate. Prohibits a Federal court from placing a ceiling on the inmate population of any Federal, State, or local detention facility as an equitable remedial measure for conditions that violate the eighth amendment unless crowding is inflicting cruel and unusual punishment on particular identified prisoners. Specifies that such provision shall not be construed to have any effect on Federal judicial power to issue equitable relief other than that so described, including the requirement of improved medical or health care and the imposition of civil contempt fines or damages, where such relief is appropriate. Requires that each Federal court order or consent decree seeking to remedy an eighth amendment violation be reopened at the behest of a defendant for recommended modification at a minimum of two-year intervals. Makes the preceding provisions applicable to all outstanding court orders on the date of this Act's enactment. Entitles any State or municipality to seek modification of any outstanding eighth amendment decree pursuant to such provisions.
United States · United States Congress · 23 February 1994
Health Care Reform Job Preservation Act - Requires the Director of the Office of Management and Budget and the Director of the Congressional Budget Office each to study and report to the Congress and the President on the effect of any comprehensive health care reform legislation passed by the 103d Congress on: (1) job loss and gain; (2) shifts to jobs requiring lesser levels of education or skill; (3) shifts from full-time to part-time employment; and (4) decrease in wages or salaries. Provides that any such comprehensive health care reform legislation shall not take effect until such job impact reports are completed and the President submits to the Congress written notification that the President has reviewed the reports and knows of any job losses and shifts in types of available jobs the reports may predict.
United States · United States Congress · 23 February 1994
Expresses the sense of the Congress that the President should: (1) not have extended diplomatic recognition to the Skopje regime that insists on using the Greek name of Macedonia; and (2) reconsider this decision and withdraw diplomatic recognition until such time as such regime renounces its use of the name Macedonia, removes objectionable language in paragraph 49 of its constitution (calling for the unification of neighboring territories in Greece and Bulgaria with the Macedonian Republic), removes symbols which imply territorial expansion such as the Star of Vergina in its flag, ceases propaganda against Greece, and adheres fully to Conference on Security and Cooperation in Europe norms and principles.
United States · United States Congress · 10 February 1994
Amends the Agricultural Adjustment Act of 1938 to repeal the peanut price support and quota programs.
United States · United States Congress · 10 February 1994
Amends the Internal Revenue Code to eliminate the tax penalty on married individuals.
United States · United States Congress · 9 February 1994
Constitutional Amendment - Grants the President item veto authority with respect to legislation concerning appropriations, contract authority, or tax changes.
United States · United States Congress · 8 February 1994
Disability Insurance Reform Act of 1994 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to prohibit the payment of benefits based on disability to any individual who is a drug addict or alcoholic until such individual: (1) undergoes appropriate substance abuse treatment at an approved facility; (2) has complied with the terms of such treatment; and (3) either recovers or makes progress towards recovery, with benefits terminated if the individual fails to continue treatment. Requires lump sum disability payments to be made only through a qualified governmental or nonprofit care facility or community-based social service agency representative payees. Makes other changes with regard to representative payees, including allowing them to collect monthly fees for expenses in providing service. Requires the Secretary of Health and Human Services to provide for a monitoring and testing program to ensure individual compliance with treatment requirements.
United States · United States Congress · 3 February 1994
Amends the Legislative Branch Appropriations Act, 1991 to revise the formula for the official mail allowance (thus, reducing the amount allowed) for Members of the House of Representatives. Prohibits the transfer of funds appropriated for official mail costs of the House. Prohibits any: (1) Member of Congress from sending any unsolicited franked mail (currently, franked mass mailings) postmarked fewer than 60 days immediately before any primary or general election in which such Member is a candidate; and (2) Representative who is a candidate for any other public office from sending unsolicited franked mail outside his or her congressional district. Repeals Federal law that makes frankable mail matter which consists of voter registration, election information, or assistance prepared and mailed in a nonpartisan manner. Requires any amount remaining in an official allowance of a Member of the House of Representatives at the end of the session of the Congress or other period for which the allowance is made available to be returned to the Treasury for deficit reduction.
United States · United States Congress · 3 February 1994
Condemns: (1) the speech given by Khalid Abdul Muhammad as outrageous hate mongering of the most vicious and vile kind; and (2) all manifestations and expressions of racism, anti-Catholicism, anti-Semitism, and ethnic or religious intolerance.
United States · United States Congress · 2 February 1994
Prohibits the Department of Transportation or any other Federal department, agency, or instrumentality from requiring any State or political subdivision to convert highway signs to metric units.
United States · United States Congress · 2 February 1994
Federal Energy Research Priorities Act - Establishes the Department of Energy Facilities Closure and Reconfiguration Commission. Directs the Secretary of Energy to publish in the Federal Register and transmit to the congressional energy committees (the committees) the criteria proposed to be used in making recommendations for the closure or reconfiguration of Department of Energy (DOE) facilities resulting in a 25 percent budget reduction for such facilities. Requires the Commission to report to the President and the committees on its analysis and review of the Secretary's recommendations. Directs: (1) the Comptroller General to transmit to the committees amd the Commission a detailed analysis of the Secretary's recommendations; and (2) the President to transmit to the committees his approval or disapproval of them. Sets forth procedural guidelines for the closure and reconfiguration of DOE facilities. Establishes the Department of Energy Facility Closure Account to receive the proceeds resulting from the closures and reconfiguration under this Act. Requires the Secretary to submit a status report to the committees concerning: (1) the Account; and (2) implementation of the closure and reconfiguration actions. Prescribes guidelines for congressional consideration and disapproval of the Commission's report. (Provides for implementation of the recommendations if the Congress does not disapprove.)
United States · United States Congress · 2 February 1994
Federal Power Marketing Administrations Privatization Act of 1994 - Expresses the sense of the Congress that: (1) the power generation and transmission facilities of the Federal Power Marketing Administrations should be privatized; and (2) all property remaining after such privatization should be transferred to other governmental agencies. Directs the President to transmit to the Congress a plan for transferring all real property, facilities, and equipment of the Federal Power Marketing Administrations to public and private entities.
United States · United States Congress · 2 February 1994
Declares that it is the sense of the Congress that any federally-mandated health care reform should be on-budget.
United States · United States Congress · 26 January 1994
Capital Formation and Jobs Creation Act of 1994 - Amends the Internal Revenue Code to allow a 50 percent income tax deduction for the net capital gain of both corporate and noncorporate 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 or 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. Allows an itemized deduction for losses arising from the sale or exchange of a principal residence.
United States · United States Congress · 25 January 1994
Directs the Secretary of Health and Human Services to study and report to the Congress on the feasibility of using biometric devices to verify the identity of applicants and recipients of Aid to Families with Dependent Children under part A of title IV of the Social Security Act.
United States · United States Congress · 25 January 1994
Expresses the sense of the Congress that a postage stamp should be issued to honor the 100th anniversary of the Jewish War Veterans of the United States and that the Citizens' Stamp Advisory Committee of the U.S. Postal Service should make such recommendation to the Postmaster General.
United States · United States Congress · 22 November 1993
Amends the Fair Labor Standards Act of 1938 to provide that community college employees in classified positions are not required to receive overtime compensation for additional service, on their own volition, in certified or academic positions.
United States · United States Congress · 22 November 1993
Prohibits the growth of each individual mandatory program except Social Security, beginning with FY 1994 and fiscal years thereafter, from exceeding a level that is: (1) adjusted for beneficiary and inflation growth; plus (2) two percent for FY 1994 and one percent for FY 1995. Requires a sequester to reduce spending for mandatory programs if Congress fails to make relevant changes in laws to maintain appropriate spending levels.
United States · United States Congress · 22 November 1993
Anti-Economic Discrimination Act of 1993 - Prohibits the sale or lease of defense articles or services by the U.S. Government to any country or international organization that is known to have sent letters to U.S. firms requesting compliance with, or soliciting information regarding compliance with, the secondary or tertiary Arab boycott unless the President certifies to the relevant congressional committees that the country or organization does not currently send such letters. Authorizes the President to waive such prohibition for a period of one year if the waiver is: (1) in the national interest and will promote objectives to eliminate the Arab boycott; or (2) in the national security interest. Provides for extensions of waivers upon notification of the relevant congressional committees.
United States · United States Congress · 22 November 1993
Sets limits on the amounts which certain Government entities may obligate or expend over a five-year period for overhead expenses. Reduces discretionary spending limits over such period for purposes of the Congressional Budget Act of 1974 and the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) as a result of the savings achieved by this Act.
United States · United States Congress · 22 November 1993
Limits the amount an executive agency may obligate for office furniture and decorating after FY 1994, and rescinds a portion of the amounts available for that purpose in FY 1994.
United States · United States Congress · 22 November 1993
TABLE OF CONTENTS: Title I: Family Tax Credit Title II: Reducing the Cost of Capital by Reducing Capital Gains Tax Rates and Indexing the Basis of Certain Assets Title III: Neutral Cost Recovery Title IV: Increasing National Savings Through Individual Retirement Plus Accounts, Indexing for Inflation the Income Thresholds for Taxing Social Security Benefits, etc. Title V: Cap on Federal Spending and Establishment of Commission to Reduce Federal Spending Title VI: Elimination of Social Security Earnings Test Family, Investment, Retirement, Savings, and Tax Fairness Act of 1993 - Title I: Family Tax Credit - Amends the Internal Revenue Code to allow individuals a tax credit of $500 multiplied by the number of qualifying children who have not attained age 18. Places limitations on such credit and adjusts it for inflation. Title II: Reducing the Cost of Capital by Reducing Capital Gains Tax Rates and Indexing the Basis of Certain Assets - Reduces 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. Provides for the phaseout of personal exemptions and the overall limitation on itemized deductions to take into account adjusted gross income which has been reduced by net capital gain. 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. Title III: Neutral Cost Recovery - Allows the depreciation deduction to be computed based on a neutral recovery basis for property placed in service after December 31, 1993. Disallows the interest deduction for such property to ensure that equity financing receives the same treatment as debt financing. Provides special depreciation rules applicable under the adjusted current earnings provisions of the minimum tax for 1994. Title IV: Increasing National Savings Through Individual Retirement Plus Accounts, Indexing for Inflation the Income Thresholds for Taxing Social Security Benefits, etc. - Allows individuals to establish individual retirement plus accounts with tax treatment similar to that for individual retirement plans. Makes contributions to such account nondeductible. Provides for qualified distributions from such accounts. Other than for general retirement purposes, including special purpose distributions made for the purchase of a first home and for medical or educational purposes. Prohibits special purpose distributions from being made during the first five years of the account. Provides an inflation adjustment after 1996 for income thresholds in determining the taxation of social security benefits. Excludes income from individual retirement plans when determining modified adjusted gross income. Provides an inflation adjustment after 1996 for the maximum amount allowable as a deduction for retirement savings. Title V: Cap on Federal Spending and Establishment of Commission to Reduce Federal Spending - Establishes the Commission on Reduction of Federal Spending to: (1) recommend specific reductions in Federal activities to assure that spending does not grow at a rate in excess of two percent per year through FY 1998; and (2) report a bill to the Congress with changes necessary to achieve such reductions. Establishes an advisory council to assist the Commission. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to set forth sequestration procedures when the increase in annual Federal spending exceeds the amount resulting from an annual rate of inflation of two percent. Title VI: Elimination of Social Security Earnings Test - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to remove the limitation on the amount of outside income which beneficiaries who have attained retirement age may earn without incurring a reduction in benefits.
United States · United States Congress · 22 November 1993
Truth in Voting Act of 1993 - Amends the Congressional Budget Act of 1974 to provide for downward adjustments in Appropriations Committees allocations and suballocations when bills are passed that reduce appropriations and require rescissions. Requires the Congressional Budget Office to provide scorecards for such measures. Amends rule XI of the Rules of the House of Representatives to prohibit proxy voting by any committee or subcommittee member. Establishes conditions under which meetings of the standing committees and subcommittees may be closed to the public. Requires proceedings of open committee hearings or meetings to be open to television or radio broadcast and still photography. Applies the Freedom of Information Act to the Congress as such Act applies to executive agencies. Prohibits the Committee on Rules from reporting any rule for the consideration of a measure commonly known as a "king of the hill" rule. Repeals rule XLIX (statutory limit on the public debt). Amends rule XXVIII to prohibit conference committee reports from funding any program or activity at a level higher than that contained in the bill or resolution as passed by the House or Senate or from funding any program not contained in such versions. Requires the President's annual budget to include estimated expenditures and proposed appropriations for each function and subfunction in the current fiscal year and the fiscal year for which the budget is submitted. Amends the Congressional Budget Act of 1974 to make the starting point for any deliberations on the budget in committee the estimated level of outlays for the current period in each function and subfunction. Requires the budget to include comparisons of current fiscal year and proposed subsequent fiscal year spending. Requires the Comptroller General to prepare an economic and employment impact statement to accompany each bill, resolution, or conference report reported by a committee or considered on the floor. Makes it out of order to consider any legislation that is not accompanied by such statement unless the point of order is waived by a two-thirds vote. Requires regulations and proposed regulations promulgated by Federal agencies to be accompanied by such statements as well.
United States · United States Congress · 22 November 1993
Expresses the sense of the Congress that the national policy of the United States should be to: (1) increase energy efficiency, as specified; (2) increase renewable energy technologies to 20 percent of the overall national energy mix by 2010; and (3) achieve these goals by adopting a specified national strategy.
United States · United States Congress · 21 November 1993
Expresses the sense of the House of Representatives that the President and Secretary of State should: (1) raise the matter of Hugo Princz (a U.S. citizen who was liberated by U.S. armed forces at the close of World War II and whose application for reparations from the Federal Republic of Germany (FRG) as a "survivor" was rejected) with the FRG, including the Chancellor and Foreign Minister, and ensure that this matter will be expeditiously resolved and that fair reparations will be provided to Princz; and (2) state that the United States will not countenance the continued discriminatory treatment of Princz.
United States · United States Congress · 19 November 1993
Requires annual budget requests submitted by the Secretary of the Interior to include information as to whether the Bureau of Land Management, through preparation of land-use plans pursuant to the Federal Land Policy and Management Act of 1976, has identified public lands which are suitable for transfer to other management or for disposal which transfer or disposal has been delayed because of incomplete surveys or other reasons. Authorizes the Secretary to include a proposal for additional legislation in such request to facilitate such transfer or disposal.
United States · United States Congress · 19 November 1993
TABLE OF CONTENTS: Title I: 100 Percent Cross-Guarantees Subtitle A: Definitions Subtitle B: Cross-Guarantee Process Subtitle C: Powers and Duties of the CGRC Subtitle D: Miscellaneous Provisions Subtitle E: Transition to 100 Percent Cross-Guarantee Process Title II: Amendments to Other Banking Laws Title III: Amendments to Title 11, United States Code Subtitle A: Amendments to chapter 1 of Title 11 Subtitle B: Amendments to chapter 3 of Title 11 Subtitle C: Amendments to chapter 5 of Title 11 Subtitle D: Amendments to chapter 11 of Title 11 Title IV: Amendment to Title 28, United States Code Deposit Insurance Reform, Regulatory Modernization, and Taxpayer Protection Act of 1993 - Title I: 100 Percent Cross-Guarantees - Subtitle A: Definitions - Sets forth definitions relating to depository institutions, non-depository guarantors, affiliates, financial terms, and funds. Subtitle B: Cross-Guarantee Process - Sets forth a cross-guarantee mechanism whose purpose is to: (1) protect the full amount of deposits by prohibiting depository institutions from operating without a cross-guarantee contract issued by syndicates of guarantors; (2) charge risk-sensitive premiums for the guarantees provided; (3) establish a self-regulating system with stop-loss mechanisms; and (4) regulate the cross-guarantee marketplace only to the extent of maintaining its soundness and viability (but not the solvency of any individual depository institution regardless of its size). (Sec. 113) Includes a stop-loss limit for losses of a guaranteed party as a direct guarantor of other guaranteed parties. Requires the cross-guarantor's contract obligations to be independent of the obligations of any other party under the contract. Prohibits direct guarantors under any cross-guarantee or stop-loss contract from obtaining collateral for cross-guarantee obligations. Sets forth the requirements for: (1) cross-guarantee contracts; (2) stop-loss contracts; (3) direct guarantors; and (4) cross-guarantee and stop-loss syndicates. (Sec. 119) Declares that any action arising under a cross-guarantee or stop-loss contract shall be deemed to arise under Federal law. Confers original jurisdiction upon the Federal courts for any action arising under such contracts. Subtitle C: Powers and Duties of the CGRC - Establishes the Cross Guarant Regulation Corporation (CGRC) to enforce, regulate, and approve the cross-guarantee process. Outlines the CGRC approval process for cross-guarantee and stop-loss contracts. (Sec. 124) Requires the CGRC to establish and maintain a central electronic repository for: cross-guarantee, stop-loss, and group cross-guarantee syndicate contracts. Mandates that the repository files be directly accessible to any direct guarantor, guaranteed party, syndicate agent, and other eligible persons. Prohibits closed loop situations (i.e., a group of institutions guarantee each other without sharing such risk with outside guarantors) unless at least one cross-guarantee or stop-loss contract is a contract in each closed loop that exists in the system. Cites conditions under which the FDIC must appoint itself conservator or receiver for a depository institution guaranteed under a cross-guarantee contract. (Sec. 126) Confers upon the Secretary of Treasury oversight powers over the CRGC. (Sec. 128) Establishes a CGRC- administered cross-guarantee backup fund to pay for any loss incurred by a depositor in connection with an insured deposit at a depository institution. States that deposits in any guaranteed depository institution shall be insured against loss to the same extent as deposits are insured against loss by the CGRC if the CGRC cannot recover adequate funds to pay for any loss due to the appointment of a receiver under this Act. Subtitle D: Miscellaneous Provisions - Requires the CGRC to ensure that all deposit-taking institutions, with specified exceptions, comply with all Federal and State licensing and regulation laws. (Sec. 133) Declares that no collateral is required for lending by any Federal Reserve Bank to a guaranteed company. Requires the Board of Governors of the Federal Reserve System to submit annual status reports to certain congressional committees regarding losses incurred as a result of lending within the cross-guarantee system. (Sec. 134) Permits a cross-guarantee company or banking office to advertise that deposits and certain other liabilities under an CGRC-approved cross-guarantee contract are fully guaranteed against loss. Subtitle E: Transition to 100 Percent Cross-Guarantee Process - Sets forth a conversion schedule to implement an eight-year transition period for the cross-guarantee system, effectuated when a specified minimum number of CGRC-approved cross-guarantee contracts and total assets are approved. Requires the CGRC immediately to appoint a conservator or receiver for any depository institution which has not complied with such schedule. (Sec. 144) Prescribes guidelines for severance pay and related benefits for former State and Federal banking agency employees. (Sec. 146) Abolishes: (1) the Federal Financial Institutions Examination Council; and (2) the Federal Deposit Insurance Corporation. Title II: Amendments to Other Banking Laws - Amends Federal banking laws to conform with the provisions of this Act, including amendments relating to: (1) national banks; (2) Federal Reserve System member banks; (3) savings associations; (4) savings and loan holding companies; (5) the FDIC; and (6) other Federal banking laws. Title III: Amendments to Title 11, United States Code - Amends Federal bankruptcy law to conform with this Act. Title IV: Amendment to Title 28, United States Code - Amends the Federal judiciary code to conform its venue provisions with this Act.
United States · United States Congress · 17 November 1993
Amends the Internal Revenue Code to allow certain spouses a full deduction for contributions to an individual retirement account.