United States · United States Congress · 21 January 1981
Expresses the jubilation and relief of the Senate at the release of the 52 Americans held hostage by Iran. Expresses appreciation for the efforts of various Government officials to secure the release of the hostages. Recognizes the patriotism of the military personnel who tried to rescue them. Thanks Algeria for its help in securing the hostages' release.
United States · United States Congress · 19 January 1981
Title I: Export Trading Companies - Export Trading Company Act of 1981 - Directs the Secretary of Commerce to promote export trading companies by providing information and by facilitating contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate Congressional committees with their recommendations concerning implementation of this Act, related changes in U.S. law, and effects of ownership of U.S. banks by foreign banking organizations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Authorizes up to $20,000,000 to be appropriated for initial investments and operating expenses for each of fiscal years 1981-1985. Directs the Export-Import Bank of the United States to provide loan guarantees for expansion to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available. Directs the Board of Directors to try to insure that a major share of such guarantees promotes exports from small, medium-size, and minority businesses or agricultural concerns. Title II: Export Trade Associations - Export Trade Association Act of 1981- Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Permits automatic certification for existing associations. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish certification guidelines. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an Office of Export Trade. Requires such Office to report annually to the appropriate Congressional committees on all East-West trade transactions requiring validated licenses and on the role of U.S. export trading companies in such trade. Grants a temporary exemption from the Sherman Act antitrust provisions for existing associations. Requires, with specified exceptions, that all applications for certification be kept confidential. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force, seven years after enactment, to examine the effect of this Act and to make recommendations.
United States · United States Congress · 5 January 1981
Amends the Internal Revenue Code to allow married couples, who do not file a single joint tax return with their spouses, to elect the same tax rates currently applicable to unmarried individuals (other than surviving spouses and heads of households), without regard to any community property laws. Entitles any married individual making such an election to claim the income tax credit for dependent care services, even though such individual did not contribute over half of the support of the dependent concerned.
United States · United States Congress · 5 January 1981
Constitutional Amendment - Provides that the people of the several States, and the District of Columbia shall elect the President and Vice President. Requires each elector to cast a single vote for two persons who shall have consented to the joining of their names as candidates for the offices of President and Vice President. Requires the electors of President and Vice President in each State to have the qualifications requisite for electors of the most numerous branch of the State legislature, except that for electors of President and Vice President, the legislature of any State may prescribe less restrictive residence qualifications and for electors of President and Vice President the Congress may establish uniform residence qualifications. Provides that: (1) the pair of persons having the greatest number of votes for President and Vice President shall be elected, if such number is at least 40 percent of the whole number of votes cast; and (2) if no pair of persons has such number, a runoff election shall be held in which the choice of President and Vice President shall be made from the two pairs of persons who received the highest numbers of votes. Requires the days for such elections to be determined by Congress and to be uniform throughout the United States. Requires Congress to prescribe by law the time, place, and manner in which the results for such elections shall be ascertained and declared. Allows Congress to provide for the case of the death, inability, or withdrawal of any candidate for President or Vice President before a President and Vice President have been elected, and for the case of the death of both the President-elect and Vice President-elect.
United States · United States Congress · 5 January 1981
Amends rule XXV of the Standing Rules of the Senate to set forth the number of members authorized for each standing, special, select, and joint committee.
United States · United States Congress · 5 January 1981
Authorizes the Vice President to appoint a committee of two Senators to join a similar committee of the House of Representatives to notify the President that the Congress is assembled.
United States · United States Congress · 5 January 1981
Amends rule XXV of the Standing Rules of the Senate to allow Senators who were serving on certain committees during the 96th Congress to continue during the 97th Congress to serve on more committees than would otherwise be permitted. Authorizes the majority and minority leaders to enter into an agreement to allow a Senator to serve on the Budget Committee if the limitations by this amendment prevent the filling of all membership positions. Allows two Senators first elected during the 97th Congress to serve on the Committees on the Judiciary and Labor and Human Resources.
United States · United States Congress · 5 January 1981
Makes majority party appointments to the following Senate committees, and elects chairmen of such committees: (1) Agriculture, Nutrition, and Forestry; (2) Appropriations; (3) Armed Services; (4) Banking, Housing, and Urban Affairs; (5) Commerce, Science, and Transportation; (6) Energy and Natural Resources; (7) Environment and Public Works; (8) Finance; (9) Foreign Relations; (10) Governmental Affairs; (11) the Judiciary; (12) Labor and Human Resources; (13) Aging; (14) the Budget; (15) Rules and Administration; (16) Small Business; and (17) Veterans' Affairs.
United States · United States Congress · 16 December 1980
Extending the thanks of the Senate to the Honorable Walter F. Mondale for his courteous, dignified, and impartial manner as President of the Senate during the second session of the 96th Congress.
United States · United States Congress · 4 December 1980
Notifies the House of Representatives of the election of Senator Milton R. Young, of North Dakota, as President pro tempore of the Senate for December 5, 1980.
United States · United States Congress · 25 November 1980
Italy Disaster Assistance Act of 1980 - Authorizes the President to provide reconstruction assistance for the victims of the recent earthquakes in Italy. States that such assistance may be provided in accordance with specified congressional policies and authorities. Authorizes appropriations for fiscal year 1981, to remain available until expended, to carry out the purposes of this Act. Allows obligations previously incurred for the provision of reconstruction assistance to the people of Italy to be charged to such appropriations. Directs the President to report quarterly to specified Senate Committees and to the Speaker of the House on the programing and obligations of funds under this Act.
United States · United States Congress · 12 November 1980
Designates the Federal Building in the Borough of Manhattan, New York City, New York, as the Jacob K. Javits Federal Building. Makes this Act effective on January 3, 1981.
United States · United States Congress · 30 September 1980
Amends the Internal Revenue Code to impose on the sale by the manufacturer, producer, or importer of each light gauge steel drum a tax equal to 20 percent of the price for which so sold.
United States · United States Congress · 17 September 1980
Establishes the United States Holocaust Memorial Council which shall: (1) provide and encourage appropriate ways for the Nation to observe the Days of Remembrance to commemorate the holocaust; (2) plan, erect, and oversee the operation of a memorial museum to the victims of the holocaust; and (3) plan for carrying out the recommendations of the report submitted to the President on September 27, 1979, by the President's Commission on the Holocaust. Authorizes the Council to receive public land in the District of Columbia on which it may erect the memorial. Terminates the Council's authority to construct a memorial if the erection of the memorial has not commenced within five years of enactment of this Act and sufficient funds to ensure completion of the memorial have not been certified to be available. Authorizes appropriations to carry out this Act.
United States · United States Congress · 27 August 1980
Extends the appreciation and gratitude of the Senate to Robert C. Louthian upon his retirement from the Office of the Legislative Counsel of the Senate.
United States · United States Congress · 25 August 1980
Directs that nothing in the Standing Rules of the Senate shall be construed to limit contributions to defray legal expenses of Senate Members, officers, employees, or their dependents.
United States · United States Congress · 31 July 1980
Prohibits the Senate and the House of Representatives from adjourning in excess of three days, or from adjourning sine die, until both Houses of Congress have adopted a concurrent resolution providing for adjournment to a day certain, or for adjournment sine die.
United States · United States Congress · 29 July 1980
Extends the commendation of the Senate to Robert A. Malstrom upon his retirement as the Financial Clerk of the Senate and for 30 years of service as a Senate employee.
United States · United States Congress · 2 July 1980
Magnetic Fusion Energy Engineering Act, 1980 - Declares it to be the policy of the U.S. to: (1) establish a national goal of demonstrating the engineering feasibility of magnetic fusion by the early 1990's; (2) achieve, no later than the year 1990, operation of a magnetic fusion engineering device based on the best available confinement concept; and (3) establish as a national goal the operation of a magnetic fusion demonstration plant by the year 2005. Directs the Secretary of Energy to initiate activities or accelerate existing activities in research areas in which the lack of knowledge limits magnetic fusion energy systems in order to ensure the achievement of the purposes of this Act. Directs the Secretary to: (1) maintain an aggressive plasma confinement research program on the current lead concept; (2) maintain a broadly based research program on alternate confinement concepts and advanced fuels; (3) ensure that research on properties of materials likely to be required for the construction of fusion engineering devices is adequate to provide timely information for the design of such devices; (4) initiate design activities on a fusion engineering device using the best available confinement concept to ensure operation of such device, no later than 1990; and (5) develop and test the adequacy of the engineering design components to be utilized in the fusion engineering device. Directs the Secretary to prepare a comprehensive program management plan for the conduct of the research, development, and demonstration activities under this Act. Directs the Secretary to develop a plan for the creation of a national magnetic fusion engineering center to accelerate fusion technology development via the concentration and coordination of major magnetic fusion engineering devices and associated activities at such a national center. Provides for the establishment of a technical panel on magnetic fusion of the Energy Research ADvisory Board to advise the Secretary on the conduct of the national magnetic fusion energy program. Requires the technical board to report at least annually to the Energy Research Advisory Board, and requires the Board to report to the Secretary. Requires the director of each magnetic fusion laboratory installation operated for, and funded by, the Federal Government to establish a program advisory committee solely for the purpose of advising such director. Directs the Secretary, in consultation with the Secretary of State, to actively seek to enter into or to strengthen existing international cooperative agreements in magnetic fusion research and development activities of mutual benefit to all parties. Directs the Secretary to: (1) assess the adequacy of the supply of manpower in the engineering and scientific disciplines to achieve the purposes of this Act; (2) assure the dissemination of information concerning the national magnetic fusion program; and (3) report annually to Congress concerning activities undertaken pursuant to this Act.
United States · United States Congress · 2 July 1980
Commemorates the twentieth anniversary of the Treaty of Mutual Cooperation and Security between the United States and Japan. Declares that it is in the best interest of both such countries to convene a parliamentary and scholarly conference to commemorate and evaluate such treaty. Expresses the interest of the Senate in receiving a report on such conference.
United States · United States Congress · 2 July 1980
Authorizes a former congressional employee to testify in the case of United States v. Conlon. Directs that copies of the affidavit taken by such employee be furnished to the Department of Justice and counsel for the defendant.
United States · United States Congress · 25 June 1980
Tax Reduction - Job Creation Act - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce income tax rates for each category of individual taxpayers. Title II: Incentives for New Plant and Equipment - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.
United States · United States Congress · 25 June 1980
Directs the Senate Legal Counsel, pursuant to the Ethics in Government Act of 1978, to appear as amicus curiae in the name of the Senate in Common Cause v. Bolger, in defense of Public Law 93-191 and Senate Rule XL (franking privileges of Members).
United States · United States Congress · 24 June 1980
Deplores the Soviet violations with respect to Afghanistan. Joins calls for the withdrawal of Soviet troops from Afghanistan. Supports the imposition of penalties on the Soviet Union for its aggression. Urges continued action to draw attention to the Soviet violations and to prevent further Soviet incursions.
United States · United States Congress · 18 June 1980
Expresses the sense of Congress regarding the domestic automotive and truck industry. Declares it to be a goal of the United States to achieve technological superiority in the world automobile and truck industry. Advocates changes in economic, fiscal, and import policies in order to create adequate capital and produce a more favorable climate for the domestic automobile and truck industry.
United States · United States Congress · 10 June 1980
Extends the congratulations of the Congress to the Order of the Sons of Italy in America for their 75th anniversary. Proclaims Sunday, June 22, 1980, as "National Italian-American Day."
United States · United States Congress · 10 June 1980
Expresses the sense of the Senate that the President instruct the Attorney General to prosecute all persons who violate the Logan Act and the executive order prohibiting travel to Iran, thereby giving color of right to illegal actions by the Government of Iran.