United States · United States Congress · 1 July 1976
Consumer Loan Contracts Act - Prohibits consumers from asserting a claim or defense on a consumer loan contract against a creditor who purchased such contract from the seller of the consumer goods if such creditor is a holder in due course. Directs the Board of Governors of the Federal Reserve system to exempt from the requirements of this Act any class of consumer loans within any State if it determines that under the law of that State that class of loans is subject to requirements which afford the individual greater protection than is afforded under this Act, and that there is adequate provision for enforcement.
United States · United States Congress · 22 June 1976
Federal Government Reduction and Control Act - Title I: Federal Manpower Reduction - Directs each Federal executive agency to submit to specified individuals proposals for the reduction of the number of employees of such agency and for: (1) elimination or reduction of agency functions; and (2) control of future agency growth. Requires all Presidential recommendations for legislation to be accompanied by a manpower impact statement disclosing the number of additional employees or manhours of labor such legislation requires, if any. Requires that a statement disclosing the costs of any proposed legislation over the ensuing five years after its proposed enactment accompany such proposed legislation. Requires the President to prepare a similar five-year cost statement for programs in his annual budget. Title II: Management Efficiency Procedures - Requires the Director of the Office of Management and Budget to establish within each Executive agency a management improvement program to conduct an ongoing analysis of management effectiveness, cost reduction and other management areas. Requires each agency to establish programs to study improved use of personnel, personnel performance goals and measuring techniques. Imposes upon the head of each agency personal responsibility for cost reduction within the agency. Requires each such agency head to set annual cost savings goals for his agency. Requires the Director to conduct a yearly study of common operational areas of Government-wide activities, and to report the results of such studies.
United States · United States Congress · 3 June 1976
Requires that anyone affiliated with any terrorist organization who is found guilty of specified terrorist activities, if such an offense was committed pursuant to the advocacy or direction of such organization, be sentenced to a term of imprisonment in addition to that provided for such offence. Stipulates that the additional term of imprisonment shall be for not less than two years or more than ten years. Directs that the defendant be sentenced to death if the death of any person occurred during the commission or attempted commission of such an offense. Requires, if a defendant is subject to the death penalty under this Act, that the judge conduct a separate sentencing hearing to determine the existence or non-existence of enumerated mitigating factors. Reduces the additional sentence to a term of four years to life imprisonment if any such mitigating factor is found to exist. (Adds 18 U.S.C. 880-881)
United States · United States Congress · 3 June 1976
Requires the President to suspend: (1) economic assistance; (2) military assistance; (3) sales of defense articles and services; (4) Export-Import Bank loans; (5) credits and guarantees under the Foreign Military Sales Act; and (6) certain preference status under the Trade Act of 1974, to any country which willfully aids or abets international terrorism. Permits the President: (1) to find that national security justifies assistance continuation; and (2) to continue such assistance unless disapproved by Congress.
United States · United States Congress · 13 May 1976
Dairy and Meat Import Inspection and Identification Act - Title I: Dairy Products - Defines terms used in this title. Prohibits the importation of dairy products into the United States unless the Secretary of Agriculture has certified that such products are wholesome and pure and that the plants in which such products were manufactured or processed comply with minimum standards of sanitation prescribed by the Secretary. Requires that the standards established under this title be comparable to those imposed upon domestic dairy products. Directs the Secretary to inspect imported dairy products and to require that such products be accompanied by a certificate of compliance indicating that such products conform to the minimum standards established under this Act. Provides for the assessment of fees on imported dairy products to cover the cost of inspections and certificates required by this title. Title II: Meat and Meat Products - Prohibits the importation of meat or meat products capable of use as human food into the United States unless tests have been conducted to determine whether such articles contain any substance prohibited in any carcass or meat product from any domestically produced animal or contain a level of any substance in excess of the maximum allowable level for domestically produced meat products. Stipulates that such tests may be conducted by persons in the exporting country if such individuals have been certified to do so under the same criteria as persons certified by the Department of Agriculture to conduct such test on articles of animals produced in the United States. Provides for the assessment of fees on such imported products to cover the costs of inspections and testing required under this title. Title III: Study; Effective Date - Directs the Secretary of Health, Education, and Welfare to conduct a study to determine the most practicable and effective method of requiring imported meat and dairy products to bear lables identifying such products as being imported.
United States · United States Congress · 12 May 1976
Provides, under the Federal Trade Commission Act, that exclusive territorial arrangements in any franchise agreement, or any trademark licensing contract or agreement, for the manufacture, distribution, and sale of a trademarked soft drink product shall not be deemed unlawful, provided: (1) that such product is in substantial and effective competition with products of the same general class distributed or sold by others; (2) the licensee is in substantial and effective competition with vendors of other products of the same general class; and (3) the licensor retains control over the nature and quality of such product in accordance with the provisions of the Trademark Act of 1946.
United States · United States Congress · 8 April 1976
Peanut Act - Provides, under the Agricultural Adjustment Act of 1938, for a national acreage allotment of not less than 1,247,000 acres for the 1977 crop of peanuts. States that the farm yield for such crop shall be determined on a basis equal to 96 percent of the average actual yield per acre on the farm for the three highest yield years out of the five years preceding the year such yield determination is made. Provides that if peanuts were not produced on such farm in at least three years of such five-year period, the Secretary of Agriculture shall have a yield appraised at 90 percent of the yields established for similar farms. Establishes a farm marketing quota for such peanut crop equal to the quantity determined by multiplying the farm peanut acreage allotment by the farm yield. Sets forth economic penalties for the marketing of non-quota peanuts or the marketing of peanuts in a larger quantity or higher grade or quality than could reasonably be produced from the quantity of peanuts or the grade acquired by handlers for marketing. States that only quota peanuts may be retained for use as seed on a farm and when so retained shall be considered as marketings of quota peanuts. Requires that all acreage planted to peanuts be measured and that the disposal of nonquota peanuts be supervised by area marketing associations designated pursuant to the Agricultural Act of 1949. Directs the Secretary of Agriculture under such Act to make price supports available to producers of the 1977 crop of peanuts through loans, purchases, or other operations on quota peanuts at a net level of not less than 70 percent of the parity price as of April 1, 1977, and on nonquota peanuts at not more than 60 percent of the loan and purchase level for quota peanuts or 90 percent of the estimated value of peanuts for crushing, export or both, whichever is lower. Directs the Commodity Credit Corporation to make warehouse storage loans available to marketing associations of specified producing areas which are selected and approved by the Corporation and which are operated primarily for the purpose of conducting such loan activities. Requires such associations to establish pools and maintain records by type for quota peanuts handled under loans and for nonquota peanuts produced within a contract between handler and producer. States that net gains on peanuts in such pool shall be distributed in proportion to the value of the peanuts placed in the pool by each grower. Provides that peanuts received under loan by such associations shall be offered for sale for domestic food and related uses. Sets forth the prices to be charged for such peanuts. Authorizes the sale for crushing or export of any peanuts received under loan which are not needed for domestic purposes. States that for the 1977 and subsequent crop of peanuts the Secretary shall permit the owner and operator of any farm for which a peanut acreage allotment is established to sell, lease, or transfer all or part of such allotment.
United States · United States Congress · 8 April 1976
Excludes from gross income, under the Internal Revenue Code, interest received on qualified scholarship funding bonds. Defines the term "qualified scholarship funding bonds" as obligations issued by a not for profit corporation established and operated exclusively for the purpose of acquiring student loan notes incurred under the Higher Education Act. Excludes payments made by the Commissioner of Education from consideration in determining yields on student notes for the purposes of arbitrage bond treatment.
United States · United States Congress · 8 April 1976
Waives provisions of the Congressional Budget Act barring consideration of budget matters within the fiscal year with respect to the consideration of the conference report which accompanies H.R. 8235, the Federal-Aid Highway Act of 1976.
United States · United States Congress · 1 April 1976
Amends the Internal Revenue Code to allow the exclusion from gross income of interest on industrial development bonds the proceeds of which are for the tax exempt activity of providing hospital facilities.
United States · United States Congress · 1 April 1976
Life-Cycle Cost Procurement Act - Requires the Administrator of Federal Procurement Policy to prescribe rules to encourage or, as may be necessary, to require that procurement by Federal agencies be done on the basis of lowest life-cycle cost. Defines "life-cycle cost" as the total cost of an item or system including its cost of acquisition, operation, energy use, support, and disposal.
United States · United States Congress · 30 March 1976
Solar Energy Act - Title I: Findings, Policy, Purpose and Definitions - Declares it the policy of the United States to reduce national reliance on crude oil imports as an energy source by demonstrating the reliability of solar energy generation facilities. Title II: Solar Energy Fiscal Year 1977 Suggested Budget Outlays for Operating Expenses, Plant and Equipment, and Construction - Recommends budget outlays for fiscal year 1977 in the following areas: solar heating and cooling, agricultural and industrial process heat, solar-thermal electric, photovoltaic, ocean-thermal, wind, solar crop irrigation, resource assessment and technology utilization, and other areas of solar energy research. Includes recommended budget outlays for specific projects. Title III: Responsibilities of the Administration - Amends the Energy Reorganization Act of 1974 to direct the Administrator of the Energy Research and Development Administration to: (1) insure, to the maximum extent possible, that procurement under such Act be on a cost-sharing basis with private business; (2) consult with the Administrator of the Small Business Administration before granting or contracting of any demonstration projects under the Act; and (3) report to the President and the Congress by September 30, 1977 on the integration of existing electric utility systems with decentralized solar-electric generation systems.
United States · United States Congress · 18 March 1976
Authorizes the Secretary of Labor, under the Occupational Safety and Health Act, to make visits to the work place of any employer, upon the request of the employer, to consult with and advise the employer concerning the obligations of the employer under such Act. Directs the Secretary to give priority to small business and hazardous workplaces. Stipulates that no consultative visit made under this Act may serve as an inspection or investigation as otherwise provided for by the Occupational Safety and Health Act, except: (1) in the case of an employer who fails to eliminate a danger disclosed during such a visit; or (2) if conditions are found during such a visit which indicate the probability that death or serious harm could result to employees therefrom, the Secretary may notify the employer of such conditions and afford him a reasonable time to eliminate such conditions. Prohibits the transmission of information obtained during a consultative visit to representatives of the Secretary engaged in enforcement. Directs the Secretary to establish education programs to inform employers and employees of the hazards in particular industries. Authorizes the appropriation of funds through fiscal year 1978 for the purposes of this Act.
United States · United States Congress · 18 March 1976
Amends the Farm Labor Registration Act of 1963 to exempt from the registration requirements of such Act, persons who engage solely in the contracting of combine machine operating crews for the harvesting of grain or the contracting of individuals for the shearing of sheep.
United States · United States Congress · 17 March 1976
Increases the estate tax exemption under the Internal Revenue Code from $60,000 to $200,000 of the value of the gross estate. Increases the limitation on the aggregate marital deduction to 50 percent of the adjusted gross value of the estate, plus $100,000. Allows an executor of an estate to elect an estate tax credit in the amount of the excess of the amount of tax imposed on the transfer of the estate over the amount of tax that would have been imposed if the value of any property included in the gross estate which is farm property had been determined by its value as farm property.
United States · United States Congress · 17 March 1976
Worker Relocation Assistance Act - Authorizes the Secretary of Labor, under the Comprehensive Employment and Training Act, to provide relocation allowances to specified unemployed individuals. Sets forth conditions governing receipt of such assistance, including the requirement that such person: (1) cannot reasonably be expected to secure employment in the commuting area in which that person resides; and (2) has obtained or has had an offer of suitable long-term employment elsewhere. States that such allowance shall be equal to 80 percent of reasonable transportation expenses, up to a maximum payment of $800. Directs the Secretary to enter into agreements with States to receive applications for and to provide relocation assistance. Sets forth penalties for obtaining payments fraudulently under this Act. Authorizes appropriations of $5,000,000 for fiscal year 1976 and $10,000,000 for fiscal year 1977 to carry out the purposes of this Act.
United States · United States Congress · 17 February 1976
Requires the United States Postal Service to consider specified factors in determining the need for an existing third- or fourth-class post office. Sets guidelines relating to such determinations.
United States · United States Congress · 4 February 1976
Prohibits the disclosure of information pertaining to the identities of persons or entities associated with the Central Intelligence Agency. Subjects anyone who willfully discloses such information to a fine of not more than $10,000, imprisonment for not more than 10 years, or both. Bars prosecution under this Act if the information was communicated to: (1) a regularly constituted committee or subcommittee of the Senate or the House of Representatives, or any joint committee of the Congress, which has oversight of intelligence activities of the United States; or (2) a judge of any United States district court pursuant to an order of such court issued upon a showing that production of such information is reasonably needed for any judicial proceeding or investigation.
United States · United States Congress · 3 February 1976
Government Economy and Spending Reform Act - Title I: Authorizations of New Budget Authority - Terminates on specified dates budget authority for all Government programs except health care services, general retirement and disability insurance, and Federal employee retirement and disability programs which are funded by trust funds. Declares out of order in either the Senate or the House of Representatives any legislation which authorizes new budget authority not in compliance with this Act. Requires the Committees on Appropriations and the Committees on the Budget of both Houses of Congress to identify each program's functional and subfunctional category (as so characterized in the Budget of the United States, Fiscal Year 1977, transmitted to Congress by the President on January 21, 1976), the committees having legislative jurisdiction over such program, and whether such program operates under permanent authorizations and budget authority. Makes the budget termination provisions of this Act effective on the first day of the Ninety-fifth Congress. Title II: Early Elimination of Inactive and Duplicate Programs - Requires the Comptroller General of the United States to identify for Congress any programs which have duplicate objectives or for which no outlays have been made for the last two fiscal years. Directs the standing committees of both Houses to consider such programs and report recommendations on such programs before March 15, 1978, if possible. Title III: Quadrennial Program Review and Evaluation - Sets forth a timetable for reviewing the budget of a Government program. Requires review by standing committees of the Congress every four years of each program's cost, effectiveness, and the extent to which such program duplicates or is similar to any other program. States that such review shall include a comprehensive evaluation of the merits of such program to determine if it warrants continuation. Requires justification of any recommendation to fund any program which has objectives similar to or the same as another program's objectives. Directs the Comptroller General and the Congressional Budget Office to provide Congress with information and analysis of programs being reviewed under this Act. Requires the President to similarly review the merits of continuing programs contained in annual Budget and to report the finding of such review prior to transmitting the Budget to Congress. Title IV: Continuing Review and Evaluation - Directs the Comptroller General to report to Congress the result of any audit which shows a substantial deficiency in achievement of the objectives of any Government program. Requires subsequent audits, a report of which must be submitted to Congress, to determine if such deficiency has been eliminated. Title V: Miscellaneous - States that those provisions of this Act which direct the operation of either House are enacted as an exercise of the rulemaking power of such House and recognizes the right of either House to change such rules.
United States · United States Congress · 2 February 1976
Authorizes and requests the President to issue a proclamation designating the period of February 15, 1976, through February 21, 1976, as "National League of United Latin American Citizens Week".
United States · United States Congress · 29 January 1976
Social Security Amendments - Revises the method of determining the initial primary insurance amount of an insured individual under title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act. Requires that, in determining the amount on which an individual's benefits will be based, a worker's earnings be indexed to reflect the cost-of-living increases between the year in which the worker began to work and the year of retirement. Sets forth the formula to be used in indexing an individual's earnings. Sets forth a new formula to be applied to the average of such indexed wages in determining the initial primary insurance amount. Stipulates that if an individual's benefits computed according to the method set forth in this Act should be lower than benefits computed under the previous law, the higher benefit will be paid.
United States · United States Congress · 26 January 1976
Honors Clarence M. Mitchell, Junior, for his contributions to the establishment of justice and equality in America. Expresses gratitude for his efforts to improve the quality of life for all Americans.
United States · United States Congress · 21 January 1976
Emergency Food Stamp Vendor Accountability Act - Directs the Secretary of Agriculture, under the Food Stamp Act of 1964, to prescribe regulations to be followed by food coupon vendors with respect to the depositing of funds received for such coupons and the accounting for such funds to the State and Federal Governments. Requires vendors to deposit such funds weekly in accordance with Department of Agriculture regulations. Requires more frequent deposit of balances of $1,000 or more. States that vendors act as fiduciaries of the Federal Government when receiving food coupon funds. Prohibits the use of such funds by vendors for the benefit of anyone other than the Federal Government. Requires vendors to report periodically to State and Federal Government agencies the amount of funds deposited. Establishes criminal penalties for the violation of the regulations established in accordance with this Act.
United States · United States Congress · 21 January 1976
Amends the Emergency Petroleum Allocation Act of 1973 to stipulate that price controls shall not apply to the first sale of crude oil produced from domestic wells whose daily production of crude oil for the preceding year did not exceed ten barrels per well.
United States · United States Congress · 18 December 1975
Provides a Federal income tax credit under the Internal Revenue Code for expenses incurred in filing Federal forms. States that the amount of such credit shall be ten cents for each item of information or inquiry on any form or document which the individual taxpayer is required by Federal law to file with the United States Government. Specifies that in no case shall an individual receive a tax credit of less than $1.00 for each form or document. Provides that in the case of a corporation, the credit allowed shall be 20 cents for each such item, but not less than $2.00 for each form or document. Authorizes a tax credit of 30 cents for each such item, but not less than $3.00 for each form or document in the case of a small business. Provides that an overstatement of the credit allowable by this Act which is allowed as a credit or refund may be assessed by the Secretary of the Treasury in the same manner as in the case of a mathematical error appearing upon the return. Directs the Secretary of the Treasury to pay to any State or local unit of government, upon application by such unit, the amount of 20 cents for each item of information on any form or document which such unit is required by Federal law to file with the United States Government. Specifies that such credit shall amount to not less than $2.00 for each such form. Authorizes the Secretary to pay, upon application, to tax-exempt nonprofit and charitable organizations, as defined under the Internal Revenue Code, the 20 cents per item, $2.00 minimum, for each form required to be filed.
United States · United States Congress · 18 December 1975
Regulatory Reform Act - States Congress' finding that Government economic regulation has become a burden to American business, consumers, and the economy. Requires the President to submit at least once a year a plan designed to eliminate regulation which has led to inflationary consumer prices or a reduction of competition. Directs that each plan establish more efficient organizational and administrative forms for the regulation of commerce, and include provisions necessary to modify or abolish existing agencies and functions so as to eliminate overlapping regulatory jurisdictions, and anticompetitive and duplicative regulations. Defines terms as used in this Act. Provides that the President shall submit each plan required by this Act to the Congress for review by the Committees on Government Operations of the House of Representatives and Senate. Requires such committees to review the plan and report a bill approving or disapproving such plan in whole or in part, with such amendments as are deemed appropriate. Directs that in the event no regulatory reform legislation has been enacted with respect to any area covered by this Act, all rules of any agency described in the President's plan shall be of no force or effect after the last day of June in the calendar year next following the calendar year in which such plan was submitted.
United States · United States Congress · 17 December 1975
Small Investor Act - Excludes from gross income, pursuant to the Internal Revenue Code, the first $1,000 of net long-term capital gains over short-term capital losses of noncorporate taxpayers resulting from the sale or exchange of securities.
United States · United States Congress · 16 December 1975
Provides free postage for specified voter registration materials and voter information for States and specified classes of political subdivisions subject to the Voting Rights Act. Authorizes the appropriation of such sums as may be necessary to carry out this Act. (Adds 39 U.S.C. 3406)
United States · United States Congress · 11 December 1975
Youth Employment Service Act - Establishes the Youth Employment Service within the Department of Labor. Directs the Secretary of Labor to make such arrangements as he deems necessary to assure that there is established a State youth employment service in the State employment service of each State. Authorizes the Secretary to provide grants, through the Service, for the purpose of improving job information, job matching, counseling, and placement for youths both in and out of school. Recommends that placement programs include the establishment of Service offices in: (1) secondary and postsecondary schools; (2) disadvantaged areas; and (3) correctional institutions. Requires the Secretary, through the Service, to make grants to public and nonprofit private agencies for the purpose of training and retraining job placement personnel. Directs the Service to make grants for the procurement of computer programs, survey and statistical data on areas of occupational need, information on educational institutions and opportunities, and other information concerning development of job skills and job placement. Directs the Service to evaluate programs providing employment assistance and to encourage and develop new programs to better meet the needs of youth. Requires that 80 percent of all funds appropriated under this Act be distributed among the States in the proportion which the total number of youths in each such State bears to the total number of youths in all States. Gives the Secretary discretion to disburse the remaining 20 percent as he deems appropriate. Requires that recipients of grants under this Act keep detailed records of all receipts and expenditures of the proceeds of such grants. Provides that such recipients are subject to audit by the Secretary or the Comptroller General of the United States. Directs and authorizes the Secretary to coordinate the programs carried out under this Act with existing programs. Authorizes to be appropriated to carry out the provisions of this Act, $15,000,000 for fiscal year 1976, $10,000,000 for the period beginning July 1, 1976 and ending September 30, 1976, and $75,000,000 for the period beginning September 30, 1976 and ending September 30, 1977.
United States · United States Congress · 4 December 1975
Allows foreign countries and agencies thereof and foreign companies to purchase and store United States agricultural commodities or the products thereof in the United States. Provides that such agricultural commodities or products, if so purchased and stored as a reserve for a period of twelve months or longer upon approval by the Secretary of Agriculture, may be exported without regard to any export restraints or controls.
United States · United States Congress · 2 December 1975
Continues the present rates of specified taxes, pursuant to the Internal Revenue Code, used to provide revenue to the Highway Trust Fund until September 30, 1979. Continues the Highway Trust Fund created by the Highway Revenue Act until September 30, 1979.
United States · United States Congress · 1 December 1975
Authorizes the Law Enforcement Assistance Administration, under the Crime Control Act, to make grants to States for the establishment of early case assessment panels for any unit of local government having a population of 250,000 or more. States that the purpose of such panels shall be to screen and analyze cases as early as possible from the time of the bringing of charges: (1) to determine the feasibility of successful prosecution; (2) to expedite the prosecution of cases involving repeat offenders and perpetrators of violent crimes; and (3) to concentrate prosecution efforts on cases with a high probability of successful prosecution.
United States · United States Congress · 20 November 1975
Title I: Federal-Aid Highway Act - Directs the Secretary of Transportation to apportion for fiscal years 1977 and 1978 the sums authorized to be appropriated for such years for expenditure on the National System of Interstate and Defense Highways. Authorizes the appropriation of funds out of the Highway Trust Fund for specified highway programs, including the Federal-aid primary system, Federal-aid community service system, and forest highways. Establishes the Federal-aid community service system which shall consist of the Federal-aid nonurbanized system and the Federal-aid urbanized system. Provides that the Secretary of Commerce may withdraw his approval of any route on the Interstate System within an urbanized area, if he determines that the route is not essential. States that when the Secretary withdraws his approval, a sum equal to the Federal share of the cost to complete the withdrawn route shall be available to the Secretary to incur obligations for the Federal share of the Federal-aid primary system and the Federal- aid non-urbanized system (presently such funds are made available for nonhighway public mass transit projects). Directs that States receiving a transfer of mileage may not be eligible for the optional use of Interstate funds as outlined above. Revises the apportionment formula for expenditure upon the Federal-aid systems. Directs that two-thirds of such funds shall be allocated to the Federal-aid primary system (presently one-third). Increases from $50,000,000 to $150,000,000 the amount authorized in each fiscal year for the repair or reconstruction of highways, roads, and trails which suffer serious damage as a result of natural disasters. Provides that the Secretary shall not approve any program for projects in any urbanized area unless he finds that such projects are in accordance with a continuing comprehensive transportation process and that such process includes public participation. Requires each State to have a program which provides for highway design and maintenance, traffic control and surveillance of traffic for detection and correction of high accident locations. Directs all States to have projects to improve highway safety. Authorizes the Secretary to deduct up to 3 3/4 percent of sums authorized to be appropriated for expenditure upon the Federal-aid safer roads system. Authorizes the Secretary to engage in research on specified areas of highway transportation, including passenger terminal facilities, transportation of hazardous materials, and the economic and environmental impact of highway transportation. Provides that not more than 1 1/2 percent of the Federal-aid systems funds shall be available for expenditure for engineering and economic surveys with respect to future statewide transportation programs and local public transportation systems. Directs the Secretary to undertake a complete study of the financing of completion of the Interstate Highway System. Authorizes the Secretary to determine the cost of repairing the damage to Alaska highways caused by heavy truck traffic during construction of the trans-Alaska pipeline. Title II: Highway Safety Amendments - Directs the Secretary to grant a waiver of highway safety standards when requested by a State so that the State may undertake alternative highway safety measures unless he determines that such alternatives do not have a potential for reducing highway accidents. Provides that funds apportioned under this Act to any State that does not have a highway safety program approved by the Secretary, shall be reduced by not less than 50 percent of the amount that would otherwise be apportioned to the State. Authorizes the appropriation of funds to carry out highway safety programs.
United States · United States Congress · 11 November 1975
Small Business Tax Reform Act - Provides, under the Internal Revenue Code, for a ten-year carryover of net operating losses incurred during the first 10 years of operation of a trade or business. Authorizes a partnership to elect to close its taxable year as of the date of death of a partner, or provides that the taxable year may close only with respect to the deceased partner. Provides that the estate of a deceased spouse shall not be treated as a shareholder in a closed corporation electing taxation as a partnership. Increases the number of permissible shareholders in such a close corporation from 10 to 15. Authorizes grantor trusts and voting trusts to be shareholders in closed corporations eligible to elect to be taxed as a partnership. Directs the Secretary of the Treasury to study the possibilities for simplification of the last-in, first-out method of inventory accounting.
United States · United States Congress · 11 November 1975
Veterans Cost-of-Instruction Extension Act - Extends for thirty-nine months (until September 30, 1978) the veterans cost-of- instruction program under the Higher Education Act. Requires a report for each fiscal year by institutions assisted under such Act to the Commissioner of Education on such programs. Requires the Commissioner to appoint a head of an identifiable administrative unit, directly responsible to the Commissioner, to carry out functions related to such programs.
United States · United States Congress · 11 November 1975
Condemns the resolution adopted by the General Assembly of the United Nations which equates Zionism with racism. Opposes participation by the United States Government in the Decade for Action to Combat Racism and Racial Discrimination. Calls for reconsideration of the Zionism resolution. Directs the Committee on International Relations and the Committee on Foreign Relations to begin hearings immediately to reassess the United States' further participation in the United Nations General Assembly.
United States · United States Congress · 10 November 1975
Veterans and Survivors Pension Reform Act - Title I: Reform of the Non-Service-Connected Pension Program for Veterans and Their Survivors - Creates a pension system within the Veterans' Administration applicable to all veterans, widows of veterans, and dependent parents who, subsequent to October 1, 1976, are or become eligible for a Veterans' Administration non-service-connected pension. Provides for a restructuring of the need-based pension program of the Veterans' Administration. Provides for a level of income for veterans and their survivors which is above the minimum subsistence level. Establishes a basic minimum level of income for all eligible veterans and dependents at $2,700 for single pensioners and $3,900 for pensioners with dependents. Provides for a method of computing a pension for those veterans with little or no income. Title II: Adjustments in Current Statutory Pension Provisions - Defines terms used in this Act. Revises the catagories of spouse, widow, and surviving spouse for purposes of the changes in rates in this Act. Presents a schedule by month for such rates. Title III: Reform of Dependency and Indemnity Compensation for Parents - Revises the schedule for determining dependency and indemnity compensation rates under the Veterans' Administration. Title IV: Adjustments in Current Statutory Provisions Relating to Dependency and Indemnity Compensation for Parents - Sets forth schedules for the payment of monthly dependency and indemnification compensation to the parents of veterans. Title V: Miscellaneous and Effective Dates - Makes the effective date of this Act October 1, 1976.
United States · United States Congress · 10 November 1975
Directs the Secretary of the Army to modify a specified flood control project so as to preserve and protect the Espada Acequia aqueduct in the vicinity of Six Mile Creek, San Antonio, Texas, at an estimated Federal cost of $1,761,000.
United States · United States Congress · 6 November 1975
Employment Tax Credit Act - Allows a tax credit under the Internal Revenue Code for 10 percent of the wages paid by a taxpayer to a previously unemployed individual. Limits the credit to $800 per eligible employee.
United States · United States Congress · 5 November 1975
Revises the Federal Food, Drug, and Cosmetic Act to require that the name and place of business of the manufacturer and distributor, if different, of a prescription drug appear on the label of the package from which the drug is to be dispensed.
United States · United States Congress · 5 November 1975
Authorizes the Administrator of General Services, or his designee, to utilize the money proceeds from the disposal of land at the Fort Bliss Military Reservation to purchase lands in El Paso County, Texas, for subsequent transferral to the Secretary of the Army or his designee.
United States · United States Congress · 4 November 1975
Provides that no license granted for the operation of a broadcasting station under the Communications Act shall be for a longer term than five years. Provides for renewal of such license where the Federal Communications Commission finds that the public interest, convenience, and necessity would be served. Provides that an applicant for renewal who is legally, financially and technically qualified shall be awarded the license if such applicant shows that its broadcast service during the preceding license period has reflected a good-faith effort to serve the needs and interests of its area as represented in its immediately preceding and pending license renewal application and if it has not demonstrated a callous disregard for law or the Commission's regulations.
![Official portrait of Sen. Bentsen, Lloyd M. [D-TX]](https://www.congress.gov/img/member/b000401_200.jpg)