United States · United States Congress · 9 April 1986
Recognizes the Ireland Fund for its laudable charitable achievements, and its founder, Dr. Anthony J.F. O'Reilly, for the humane work he has inspired on behalf of the people of Ireland.
United States · United States Congress · 27 March 1986
Authorizes and directs the Secretary of the Treasury to pay specified sums to: (1) named individuals and entities in full satisfaction of all claims against the United States arising out of certain activities of a South Dakota Indian reservation; and (2) a named legal services agency for services rendered in connection with a congressional reference case.
United States · United States Congress · 27 March 1986
Expresses the sense of the Senate that provisions of title II (Old Age, Survivors and Disability Insurance) of the Social Security Act requiring at least a three-percent rise in the Consumer Price Index before a cost-of-living adjustment of benefits is made be suspended in 1987.
United States · United States Congress · 21 March 1986
Amends the Internal Revenue Code to provide that the discharge of certain farm indebtedness shall not be included in gross income. Requires that such indebtedness be incurred to finance the production of agricultural products or livestock or be secured by farmland or farm machinery.
United States · United States Congress · 21 March 1986
Expresses the sense of the Congress that the Congress will consider, at the earliest opportunity, an amendment to the Internal Revenue Code excluding the discharge of qualified agricultural indebtedness from cancellation of indebtedness income in order to remove the disincentives to renegotiation of certain agricultural debts.
United States · United States Congress · 19 March 1986
Expresses the sense of the Senate that South Korea should not be treated as a beneficiary developing country under the Generalized System of Preferences until certain South Korean trade practices and policies are eliminated and certain South Korean import restrictions are liberalized.
United States · United States Congress · 12 March 1986
Amends Federal veterans' benefits provisions to exempt from any sequestration of funds under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) certain benefits which are based upon the service-connected disability or death of such veterans.
United States · United States Congress · 5 March 1986
Landowner Protection Act of 1986 - Amends the Farm Credit Act of 1971 to require a Farm Credit System institution to restructure, rather than foreclose, a loan to an eligible borrower if foreclosure costs equal or exceed restructuring costs. Sets forth borrower appeals procedures. Requires a program report to the Congress within 270 days. Terminates such program one year after enactment of this Act, or 90 days after submission of such report, whichever is later.
United States · United States Congress · 5 March 1986
Food Security Improvements Act of 1986 - Amends the Agricultural Act of 1949 to authorize the Secretary of Agriculture to permit specified nonprogram crops to be planted on underplanted acreage (under an acreage limitation program) for the 1986 through 1990 crops of wheat, feed grains, rice, and upland cotton only if such production: (1) is not likely to increase price support program costs and will not adversely affect farm income; and (2) is necessary to provide adequate supply of the commodity, or to encourage domestic industrial use of a commodity not yet in use. Permits, at State option, hay and grazing on such acreage unless the Secretary determines they would have an adverse economic effect. Amends farm program yield provisions to provide that: (1) for the 1986 crop year, additional price support payments in the form of commodities shall be made available if farm payment yields are reduced by more than three percent of 1985 levels; (2) for the 1987 crop year, similar payments shall be made available if farm payment yields are reduced by more than five percent of 1985 levels; and (3) in establishing farm payment yields for 1988 and subsequent crop years, 1986 payment yields may not be reduced more than ten percent below 1985 levels. Amends the Food Security Act of 1985 to change the title of the Special Assistant for Agricultural Trade and Food Aid to the Special Assistant for Agricultural Trade and Food Assistance. Requires the President to make such appointment by May 1, 1986. Sets minimum salary levels. Authorizes the Secretary to use unspecified (currently specified) amounts of Commodity Credit Corporation (CCC) funds for commodities for FY 1986 through 1988 targeted export assistance. Reduces the minimum value of agricultural commodities to be used for FY 1986 through 1988 foreign market development. Sets forth the conditions for permitted hay and grazing on diverted wheat and feed grain acreage. Includes within the factors making up a program crop's acreage base a specified percentage of nonprogram crop acreage (50 percent for 1986 and 1987; 35 percent for 1988; 20 percent for 1989; and zero percent for 1990). Directs the Secretary to hold hearings and implement a marketwide milk service payment program within a specified time. Directs the Secretary to increase milk assessments, rather than reduce milk payments, in order to meet deficit reduction requirements of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) during the period March 1, 1986, through September 30, 1986. Stipulates that such increases may not exceed 12 cents per hundredweight. Amends the Commodity Credit Corporation Charter Act to authorize the CCC to export up to $30,000,000 worth of surplus commodities in order to fund research and development of nonpetroleum-fueled external combustion engines. Amends the Food Security Act of 1985 to require the Secretary to implement the restructured food stamp quality control system six months after such studies have been reported. (Current law requires implementation two years after enactment of such Act.)
United States · United States Congress · 4 March 1986
Social Security Trust Funds Safeguard Act of 1986 - Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to require that all amounts appropriated to, or deposited in, a trust fund established under one of those programs be immediately and exclusively available for the purposes for which trust fund amounts are specifically made available under such program. Requires the President, in addition to appointing one member of the the public to the Board of Trustees of the social security trust funds (currently two members of the public are chosen), to appoint a Managing Trustee to the Board, by and with the advice and consent of the Senate, for a term of four years. Provides that the Managing Trustee may be removed only for cause, but is prohibited from engaging in any other business, vocation, or employment. Requires the Department of Health and Human Services to provide the Managing Trustee with appropriate assistance. Directs the Managing Trustee to invest that portion of the social security trust funds which is not required to meet current withdrawals in accordance with an annual investment plan submitted by the Board. Requires the Board to conduct a continuing study and actuarial analysis of the status of investments made by the Managing Trustee and, by August 1 of each year, formulate and submit to the President and each House of the Congress an investment plan to govern the investments of the social security trust funds during the fiscal year. Requires the annual investment plan to set forth standards governing the investment and disinvestment of the trust funds which ensure, so far as is possible, that the OASDI and Medicare programs fulfill their intended purposes in a fiscally and actuarially sound nonpartisan manner, free from the influence of irrelevant budgetary or fiscal considerations. Directs that such plan be accompanied by any recommendations of the Board regarding investment of the social security trust funds. Directs that the investment plan and recommendations be incorporated in a special message to each House. Sets a minimum and maximum on amounts of the social security trust funds to be invested in obligations which are not obligations of the United States but which are guaranteed as to both principal and interest by the United States. Sets forth effective date and transitional provisions.
United States · United States Congress · 4 March 1986
Provides that any requirement to substantiate a deduction under the Internal Revenue Code with respect to the business use of a vehicle must be based on regulations in effect before the Tax Reform Act of 1984.
United States · United States Congress · 28 February 1986
Risk Retention Amendments of 1986 - Amends the Product Liability Risk Retention Act of 1981 to rename it the Liability Risk Retention Act of 1986. Revises the definition of "liability insurance," currently limited to product liability and completed operations liability, to cover any legal liability of an organization for damages because of injuries to other persons, damage to their property, or other loss or damage arising out of its business, trade, products, services (including professional services), premises or operations, but excluding personal risk insurance, workers' compensation, and employers' liability insurance. Defines as "organizations" eligible to purchase liability insurance any association, business, corporation, professional corporation or partnership, chruch, hospital, school, university or other institution or a State or local government. Excludes from the coverage of this Act product liability risk retention groups formed under the laws of Bermuda or the Cayman Islands before January 1, 1985. (Current law excludes groups formed under the laws of Bermuda or the Cayman Islands on or after January 1, 1985.) Repeals the requirement that a risk retention group be composed of members each of whose principal activity consists of the manufacture, design, importation, distribution, packaging, labeling, lease or sale of a product or products. Subjects such groups to State no-fault automobile insurance requirements. Limits the authority to provide insurance under such Act to liability insurance.
United States · United States Congress · 26 February 1986
Provides that Federal tax reform legislation based on the President's tax reform proposal submitted to the Congress on May 29, 1985, shall not take effect before January 1, 1987.
United States · United States Congress · 25 February 1986
Amends the Tribally Controlled Community College Assistance Act of 1978 to increase the amount used by the Secretary of the Interior to determine the amount of grant assistance to be allocated to tribally controlled community colleges for FY 1986. Extends, through FY 1990, the authorization of funds for technical assistance contracts, grants, and endowment grants to such colleges. Amends the Navajo Community College Act to extend, through FY 1990, the authorization of funds for construction grants to the Navajo Community College.
United States · United States Congress · 20 February 1986
Asbestos Hazard Emergency Response Act of 1986 - Amends the Toxic Substances Control Act to direct the Administrator of the Environmental Protection Agency (EPA) to promulgate regulations for asbestos hazard abatement in the schools. Directs the Administrator to develop a model accreditation plan for States for individuals who inspect, manage, abate, and analyze asbestos problems. Makes the use of accredited personnel a condition for receiving financial assistance under the Asbestos School Hazard Abatement Act of 1984. Requires each State Governor to establish administrative procedures for the certification of school asbestos inspection and abatement programs and for asbestos management plans, all to be carried forward by the local educational agency. Requires warning labels on any asbestos still in routine maintenance areas of a school building. Authorizes the Administrator or the appropriate State Governor to take necessary response measures where asbestos in a school building may be hazardous and adequate local measures have not been taken. Sets forth the relationship of pollution liability insurance risk retention groups to State law, including securities law. Establishes the Asbestos Trust Fund in the Treasury to carry out the Asbestos Hazards Abatement Assistance Program. Authorizes appropriations for FY 1987 through 1990.
United States · United States Congress · 20 February 1986
Amends the Agricultural Act of 1949 to provide that, notwithstanding the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the sequestration order issued by the President under such Act on February 1, 1986, FY 1986 dairy expenditure reductions shall be implemented through more reduction in the price received by milk producers (assessments) rather than through a reduction in Commodity Credit Corporation payments for dairy product purchases. States that such reductions shall be no greater than needed (but not to exceed 12 cents per hundredweight) to achieve the reduction in milk support expenditures required by such order.
United States · United States Congress · 18 February 1986
Disapproves the proposed deferral of budget authority (D-86-48) for community development block grants set forth in the special message of the President to the Congress on February 5, 1986, under the Impoundment Control Act of 1974.
United States · United States Congress · 18 February 1986
Expresses the sense of the Senate that: (1) America's interests are best served in the Philippines by a government which has a popular mandate; and (2) the February 7, 1986, elections in the Philippines were marked by widespread fraud. Requests the President to convey such concern to President Marcos and Corazon Aquino.
United States · United States Congress · 5 February 1986
Establishes a veterans' home loan guaranty limitation amount of $17,600,000,000 reduced by 4.3 percent for purposes of implementing any sequestration order issued by the President for FY 1986 calling for a reduction of such loan commitments.
United States · United States Congress · 5 February 1986
Expresses the sense of the Congress that the President should take measures to encourage the Government of Indonesia to: (1) allow and maintain access into East Timor for humanitarian organizations, journalists, church delegations, and human rights groups; (2) guarantee freedom of expression for the Roman Catholic Church in East Timor; (3) allow an impartial international investigation of the conditions that exist in areas where East Timorese have been resettled by Indonesian authorities; (4) allow qualified international observers to be present at the trials of East Timorese political prisoners; and (5) work with the U.S. and Portuguese Governments to develop peace initiatives for East Timor.
United States · United States Congress · 5 February 1986
Expresses the sense of the Congress that certain amounts appropriated for the Office of Juvenile Justice and Delinquency Prevention of the Department of Justice which have been proposed for rescission by the President shall be made available for obligation and expended as originally intended.
United States · United States Congress · 4 February 1986
Amends the Agricultural Act of 1949 to establish 1986 and 1987 minimum farm payment yields at 1985 levels for wheat, feed grains, upland cotton, and rice.
United States · United States Congress · 4 February 1986
Expresses the sense of the Congress, and instructs its committees and conferees, that the Congress will not approve any provisions in H.R. 3838 or in similar legislation that would adversely affect the tax-exempt status of the bonds or other obligations of the States or their political subdivisions and instrumentalities which comply with current law and which are issued prior to: (1) January 1, 1987; or (2) any later date provided in enacted law.
United States · United States Congress · 30 January 1986
Amends the Agricultural Act of 1949 to permit the Secretary of Agriculture (current law directs the Secretary) to require cross compliance for the 1986 through 1990 wheat and feed grain crops. Defines "cross compliance" as the conditioning of price support payments eligibility for a certain crop for which an acreage limitation program is in effect upon the producer's limiting his planted acreage for any other crop also subject to the acreage limitations to the acreage base for that other crop. Amends the Soil Conservation and Domestic Allotment Act to permit more than one local agricultural stabilization and conservation committee per administrative area in counties having three or more local committees as of the date of eanctment of the Food Security Act of 1985.