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![Official portrait of Sen. Cranston, Alan [D-CA]](https://www.congress.gov/img/member/c000877_200.jpg)
United States · Official source
4,407 records where Sen. Cranston, Alan [D-CA] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 19 February 1986
Designates February 19, 1987, as National Day for Federal Retirees.
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 the rescission of budget authority (R-86-52) for elderly and handicapped housing under the Housing Act of 1959 (Section 202 program), proposed by the President on February 5, 1986, should be disapproved.
United States · United States Congress · 18 February 1986
Expresses the sense of the Senate that the rescission of budget authority for urban development action grants (Rescission R86-55) proposed by the President on February 5, 1986, should be disapproved.
United States · United States Congress · 7 February 1986
Designates the week of March 9 through March 15, 1986, as National Developmental Disabilities Awareness Week.
United States · United States Congress · 6 February 1986
President's Council on Health Promotion and Disease Prevention Act of 1986 - Amends title XVII of the Public Health Service Act to establish the President's Council on Health Promotion and Disease Prevention. Includes among the Council's responsibilities an assessment of programs directed toward subgroups of the American population with special health risks. Requires a report to the President and to the Congress within 18 months. Terminates the Council at the earlier of: (1) 18 months after enactment of this Act; or (2) 30 days after receipt of such report.
United States · United States Congress · 6 February 1986
California Desert Protection Act of 1986 - Title I: Wilderness Additions - Designates as additions to the National Wilderness Preservation System 81 wilderness areas within the California Desert Conservation Area (CDCA), the Yuma District, and the Bakersfield District of the Bureau of Land Management. States that non-designated areas within the CDCA have been adequately studied for inclusion in the System and are therefore released from otherwise applicable restrictions. Requires the Secretary of Agriculture to study the suitability of lands in the White Mountains Wilderness Study Area for inclusion in the System. Title II: Death Valley National Park - Establishes the Death Valley National Park which subsumes the Death Valley National Monument. Withdraws the additional lands from further exploitation under the mining laws. Requires the Secretary of the Interior (the Secretary) to determine, within two years, the validity of any unpatented mining claims within such additional lands and whether the United States should acquire any mineral rights in such lands. Title III: Joshua Tree National Park - Establishes the Joshua Tree National Park which subsumes the Joshua Tree National Monument. Withdraws the additional lands from further exploitation under the mining laws. Requires the Secretary to determine, within two years, the validity of any unpatented mining claims within such additional lands and whether the United States should acquire any mineral rights in such lands. Title IV: Mojave National Park - Establishes the Mojave National Park which subsumes the East Mojave National Scenic Area. Withdraws Federal lands within the park from further exploitation under the mining laws. Requires the Secretary to determine, within two years, the validity of any unpatented mining claims within the Park and whether the United States should acquire any mineral rights in such lands. Authorizes the Secretary to regulate mining in such Park. Allows grazing only to the extent allowed in current permits. Continues the validity of existing rights-of-way for specified activities. Directs the Secretary to prepare and report to the appropriate congressional committees, within three years, on a management plan for the Park. Authorizes the Secretary to construct a visitors' center and acquire lands. Authorizes appropriations. Title V: National Park Wilderness - Designates as wilderness the Death Valley National Park Wilderness, the Joshua Tree National Park Wilderness Additions, and the Mojave National Park Wilderness. Title VI: Miscellaneous Provisions - Directs the Secretary to transfer Red Rock Canyon State Park Additions in the CDCA to California. Establishes the Desert Lily Sanctuary within the CDCA. Establishes the Indian Canyons National Historic Site.
United States · United States Congress · 6 February 1986
Designates the week of May 26 through June 1, 1986, as Older Americans Melanoma/Skin Cancer Detection and Prevention Week.
United States · United States Congress · 6 February 1986
Designates April 28, 1986, as National Nursing Home Residents Day.
United States · United States Congress · 6 February 1986
Authorizes and requests the President to designate the week of March 9 through March 15, 1986, as National Employ the Older Worker Week.
United States · United States Congress · 6 February 1986
Expresses the sense of the Senate that employee benefits should not be taxed.
United States · United States Congress · 6 February 1986
Extends congratulations and best wishes to President Ronald Reagan on his 75th birthday.
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 · 3 February 1986
Fair Housing Amendments Act of 1986 - Amends specified Acts to rename them the Civil Rights Act of 1968 and the Fair Housing Act. Amends the Fair Housing Act to make it unlawful to: (1) refuse to sell or rent a dwelling to an individual because that individual, or someone associated with that individual, is handicapped; (2) discriminate against a handicapped individual in the conditions of sale or rental, or in the provision of a related service or facility; (3) refuse to permit reasonable modifications to permit access to the premises (provided the renter agrees to restore the premises to their original condition); or (4) make reasonable accommodations in rules, policies, or services to afford handicapped individuals equal use and enjoyment of a dwelling. Makes it unlawful for anyone engaged in residential real estate-related transactions to discriminate in the provision or terms of a transaction because of race, color, religion, sex, handicap, familial status, or national origin. States that nothing in this Act limits the applicability of any reasonable local, State, or Federal restrictions on the maximum number of occupants permitted to occupy a dwelling unit. States that nothing in this Act regarding familial status applies to any State or Federal program aimed at assisting the elderly. Establishes new administrative enforcement authority in addition to existing enforcement provisions. Directs the Secretary of Housing and Urban Development to transmit an annual report to the Congress on the progress made in eliminating discriminatory housing practices. Allows an aggrieved person to file a complaint with the Secretary alleging a discriminatory housing practice. Allows the Secretary to file such a complaint on his own initiative or investigate a housing practice to determine whether such a complaint should be brought. Requires the Secretary to attempt to correct the discriminatory practice by informal methods of conciliation. Requires the Secretary to refer matters to the Attorney General, recommending that civil actions be filed, where a respondent has failed to comply with conciliation agreements. Allows the Secretary to refer matters to the Attorney General for prompt judicial action when necessary. Makes certain changes in the current requirements for referring charges to State or local agencies for investigation and enforcement. Specifies the elements of "substantial equivalency" which permit certification and referrals of discrimination charges. Permits the Secretary to file an administrative complaint or refer the matter to the Attorney General for civil action if the investigation supports a finding of reasonable cause, except with respect to matters involving land use control, which must be referred. Specifies the hearing procedures to be utilized if an administrative complaint is issued. Permits criminal penalties of up to a $100,000 fine and/or imprisonment for not more than one year for noncompliance with subpoenas or other lawful orders. Permits the administrative law judge to award appropriate relief, including punitive damages. Permits the filing of a petition for review of a final order in an appropriate court of appeals within 30 days of service of such order. Permits any prevailing party to be awarded reasonable attorney's fees. Makes certain revisions in the private right of action for aggrieved persons. Extends the statute of limitations from 180 days to two years. Disallows simultaneous administrative and judicial proceedings involving the same charge. Allows the Attorney General to intervene upon certification that the civil action is of general public importance. Continues the authority of the Attorney General to initiate civil actions where there is reasonable cause to believe that a pattern or practice of resistance to fair housing rights has occurred. Permits the Attorney General to commence a civil action for appropriate temporary or preliminary relief pending final disposition of the complaint. Describes the types of relief which may be granted in civil actions under such Act.
United States · United States Congress · 28 January 1986
Expresses the deep sorrow of the Senate for the fate of the space shuttle Challenger.
United States · United States Congress · 22 January 1986
Designates the first Friday of May of each year, commencing with May 2, 1986, as National Teacher Appreciation Day.
United States · United States Congress · 19 December 1985
Designates 1987 as the Year of Thanksgiving.
United States · United States Congress · 19 December 1985
Commends Michael Stern for his faithful and outstanding service to the Senate and the Nation.
United States · United States Congress · 19 December 1985
Expresses the sense of the Senate that the effective date of any fundamental tax reform legislation should generally be January 1, 1987, while recognizing that appropriate transition rules may be necessary to avoid unintended adverse effects and recognizing further that retroactive effective dates may be necessary to extend certain provisions which expire before January 1, 1987.
United States · United States Congress · 19 December 1985
States that the Congress declares that the primary purpose of U.S. assistance to the Republic of Korea shall be to promote the return to democracy in that country and to that end it places highest priority on: (1) replacement of the current climate of intimidation and abuses of human rights with dialog between the Government of the Republic of Korea and the democratic opposition; (2) restoration of the political rights of Kim Dae Jung and others; and (3) the peaceful transfer of Presidential power in the Republic of Korea in the 1988 elections should be open to all who are committed to democracy.
United States · United States Congress · 18 December 1985
Recovery Act for Mortgage and Other Asset-Backed Securities - Amends the Internal Revenue Code to provide that arrangements for the issuance of "pass-through securities" (i.e., mortgage backed securities) in one or more classes shall be taxed as grantor trusts and not as corporations. Requires that the interests in the financial instruments represented by the pass-through securities be established prior to the initial issuance of the pass-through securities and, pursuant to the terms of the pass-through securities, such interests may not be changed. Requires that the pool of assets in which the holders of pass-through securities own an interest must be fixed prior to the date of the first payment to security holders, except for a certain two-year period. Sets forth various definitions.
United States · United States Congress · 18 December 1985
Declares that the President should, at the earliest possible date: (1) endorse and request Senate consent to ratification of the Threshold Test Ban and the Peaceful Nuclear Explosions Treaties; (2) call upon the Soviet Union to agree to reduce the permitted yields of explosions to the lowest verifiable levels; and (3) express to the Soviet Union and to Great Britain the U.S. desire to resume negotiations to conclude a mutual and verifiable ban on nuclear explosions and a moratorium of finite duration on such explosions.
United States · United States Congress · 18 December 1985
Designates the week of March 2 through March 8, 1986, as Women's History Week.
United States · United States Congress · 18 December 1985
Expresses the disapproval of the Senate with the current informal freeze on the funds of the Office of Juvenile Justice and Delinquency Prevention.
United States · United States Congress · 18 December 1985
Expresses congressional recognition of the historical significance of the former presidential yacht Sequoia and support for the plans of the Presidential Yacht Trust to donate the Sequoia to the U.S. Navy for service as the presidential yacht.
United States · United States Congress · 17 December 1985
Expresses the sense of the Senate that the executive branch should: (1) employ the quickest, most cost efficient means to return the air traffic control system to prestrike experience levels; and (2) rehire those experienced air traffic controllers fired from the Federal Aviation Administration in 1981, who meet the Federal employment standards, necessary to return the air traffic control system to such prestrike experience levels.
United States · United States Congress · 16 December 1985
Young Astronaut Program Medal Act - Commemorates the Young Astronaut Program by directing the Secretary of the Treasury to strike and deliver to the Young Astronaut Council no more than 750,000 medals with emblems, devices, and inscriptions determined by the Secretary. Authorizes the Council to dispose of the medals at a premium and to have them delivered as required in quantities of no less than 2,000. Directs that no medals be struck after December 31, 1987. Directs the Secretary to set the price of the medals at no less than the manufacturing cost plus a surcharge of ten percent of such cost. Requires the furnishing of security sufficient to fully indemnify the United States for such costs. Directs that the medals be struck in gold, silver, and bronze and in such size or sizes as determined by the Secretary. Gives the U.S. Comptroller General the right to examine the records of the Council which are related to the medals.
United States · United States Congress · 16 December 1985
Designates the week of May 11 through May 17, 1986, as National Science Week, 1986.
United States · United States Congress · 13 December 1985
Proclaims October 23, 1986, as A Time of Remembrance for all victims of terrorism. Urges Americans to wear a purple ribbon in honor of the sacrifices made in pursuit of peace and freedom. Authorizes and requests the President to call upon U.S. departments, agencies, and other interested parties to fly U.S. flags at half staff.
United States · United States Congress · 13 December 1985
Extends the condolences of the Senate to the family members of soldiers of the 101st Airborne Division who died in service to their country.
United States · United States Congress · 12 December 1985
Requires the President to direct the Secretary of Defense, the Secretary of Health and Human Services, and the Administrator of Veterans Affairs to submit to the appropriate committees of the Congress, no later than 180 days after the enactment of this Act, a joint report addressing the question of Government responsibility for providing benefits and services to individuals who served with certain volunteer organizations in support of U.S. armed forces stationed in Vietnam during the Vietnam era.
United States · United States Congress · 12 December 1985
Restricts smoking to designated areas in all United States Government buildings, including leased buildings. Requires that the rules and regulations prescribed under this Act: (1) be developed in consultation with the Surgeon General; (2) be implemented after consultation with employee representatives; (3) make reasonable accommodations for the needs of smokers and nonsmokers; (4) provide for conspicuous sign display specifying where smoking is allowed or prohibited; (5) provide for effective enforcement; and (6) be published in the Federal register. Prohibits such rules and regulations from superseding those that provide more stringent restrictions on smoking.
United States · United States Congress · 12 December 1985
Designates the week of December 1 through December 7, 1986, as National Epidermolysis Bullosa Awareness Week.
United States · United States Congress · 12 December 1985
Designates May 25, 1986, as Hands Across America Day.
United States · United States Congress · 12 December 1985
Expresses the Senate's condolences to Barry Goldwater and the Goldwater family upon the death of Peggy Goldwater, the wife of Senator Goldwater.
United States · United States Congress · 10 December 1985
Calls upon the President to direct the Agency for International Development to work in a global effort to provide universal access to childhood immunization by 1990 by: (1) assisting in the delivery, distribution, and use of vaccines; and (2) performing and supporting research and development activities that will be targeted at developing new vaccines and at modifying existing vaccines to make them more appropriate for use in developing countries. Declares that the President should appeal to the public to provide the necessary resources to achieve universal access to childhood immunization by 1990. Amends the Foreign Assistance Act of 1961 to increase the authorization of appropriations for FY 1987 for the Child Survival Fund.
United States · United States Congress · 10 December 1985
Task Force on Elder Abuse Act of 1985 - Establishes a Task Force on Elder Abuse (Task Force) to assess the nature and extent of public and private efforts needed to report, monitor, and redress elder abuse. Sets forth provisions regarding the membership, pay, and meetings of the Task Force. Requires the Secretary of Health and Human Services to designate a Task Force Chairman responsible for appointing an Executive Director and staff members for the Task Force. Enumerates the powers of the Task Force. Directs the Task Force to transmit an interim report and, within nine months of the Task Force's first meeting, a final report to the President and the Congress. Requires executive departments and agencies affected by the final report to submit recommendations to the President regarding the implementation of that report. Terminates the Task Force 30 days after its final report. Authorizes appropriations for FY 1987.
United States · United States Congress · 10 December 1985
Amends the Internal Revenue Code to extend the termination of the environmental excise tax on petroleum (Superfund taxes) from September 30, 1985, to March 31, 1986.
United States · United States Congress · 9 December 1985
Amends the Deficit Reduction Act of 1984 to extend from August 1, 1985, until June 30, 1986, the special rules concerning the allocation of research and experimental expenditures to income from sources within the United States. Amends the Internal Revenue Code to extend from December 31, 1985, until June 30, 1986, the income tax credit for increased research and experimental expenditures. Extends from December 31, 1985, until June 30, 1986, the income tax deduction for expenditures to remove architectural and transportation barriers to the handicapped and elderly. Extends from December 31, 1985, until June 30, 1986, the moratorium on net operating loss carryover rules. Extends from January 1, 1986, until July 1, 1986, the moratorium on the issuance of regulations relating to faculty housing. Extends the targeted jobs income tax credit from December 31, 1985, until June 30, 1986. Extends the authorization for appropriations for administrative and publicity expenses through FY 1986. Extends from December 31, 1985, through June 30, 1986, provisions relating to the awarding of attorney's fees to a prevailing taxpayer in a Federal tax case. Extends from December 31, 1985, until June 30, 1986, the limited income tax exclusion for employer-provided educational assistance. Extends from December 31, 1985, until June 30, 1986, the income tax exclusion for amounts received under qualified group legal services plans. Extends from January 1, 1986, until July 1, 1986, the income tax exclusion for certain employer-provided commuting transportation. Extends from December 31, 1985, until June 30, 1986, the limited exclusion of dividends from a public utility that are reinvested in common stock of the utility. Extends from December 31, 1985, (until June 30, 1986, the investment tax credit for specified types of energy property. Extends from December 31, 1985, until June 30, 1986, the residential energy income tax credit. Extends from December 31, 1985, until June 30, 1986, social security coverage of retired Federal judges on active duty.
United States · United States Congress · 6 December 1985
Tender Offer Reform Act of 1985 - Amends the Securities Exchange Act of 1934 to require any person whose acquisition results in ownership of more than five percent of an issuer's equity securities to: (1) cease acquiring additional shares of such class of securities for two business days (unless a shorter period or an exemption is authorized by the Securities and Exchange Commission); and (2) make a public announcement of such acquisition and send specified information to the issuer, the appropriate exchange, and the Commission within 24 hours. Requires any person making a tender offer to provide the target security holders a summary disclosure of: (1) the identity and background of such person and participating associates; (2) the value of the offer; (3) the amount of such securities owned by such person; (4) the source and amount of funding for the acquisition; (5) the purpose of the acquisition; and (6) plans concerning the future operations or structure of the issuer. Requires such person to make a public announcement of any change in such information before the offer expires. Requires any person making a tender offer for: (1) all outstanding shares of a class of voting securities to hold such offer open for 30 calendar days; and (2) less than all outstanding shares to hold such offer open for 40 calendar days. Requires any person making a subsequent tender offer for: (1) all outstanding shares to hold such offer open for 20 days and at least 30 days after the initial offer; and (2) less than all outstanding shares to hold the offer open for 30 days and at least 40 days after the initial offer. Prohibits an issuer of securities, during a tender offer for such securities from other than the issuer, from entering into or amending an agreement in order to provide other than a routine increase in the current or future compensation of any officer or director. Prohibits an issuer from purchasing any of its securities at a price above the average market price during the 30 preceding trading days from any person who holds more than five percent of the class of securities to be purchased and who has held such securities for less than six months, unless: (1) such purchase has been approved by a majority of the aggregate voting securities of the issuer; or (2) the issuer makes an offer of equal value to all holders of securities of that class. Permits the Commission to provide exemptions from such prohibitions. Requires tender offers for any class of certain equity securities to be open to all holders of securities of such class (with specified exceptions) and to pay to each holder the highest consideration offered to any holder. Allows specified exemptions by the Commission. Prohibits any person, beginning on the date such person first acquires 20 percent of a class of certain equity securities, from acquiring more than two percent of the outstanding shares of such class of securities during any succeeding 12-month period except by tender offer, unless such acquisition is: (1) involuntary; (2) pursuant to a statutory merger or consolidation; or (3) exempted by the Commission. Declares that none of the amendments made by this Act shall be construed to limit or condition the authority of the Commission, in the public interest or for the protection of investors, to supplement the proration, withdrawal, and minimum offering periods applicable to a tender offer. Requires the Comptroller General to study and report to the Congress on the issuance of and investment in high yield, noninvestment grade bonds during the five years preceding the enactment date of this Act.
United States · United States Congress · 4 December 1985
Designates the week beginning on May 11, 1986, as National Asthma and Allergy Awareness Week.
United States · United States Congress · 4 December 1985
Commends the McDonnel Douglas Aircraft Company upon the fiftieth anniversary of service of the DC-3 transport aircraft for its leadership in creating and producing the DC-3 transport aircraft.
United States · United States Congress · 21 November 1985
Urges the President to convene a conference to develop an international seaport security agreement among the United States, its allies, other nations, and the private sector. Provides that such agreement would establish seaport and passenger vessel security standards (including seaport screening of cargo and baggage, restricting access to cargo and vessels to authorized personnel, additional security onboard passenger vessels, international criminal sanctions against terrorists who seize such vessels, and certification of compliance with such security standards).
United States · United States Congress · 19 November 1985
Designates the week of June 1, 1986, as National Maternal and Child Health Week.
United States · United States Congress · 12 November 1985
Authorizes the Director of the U.S. Information Agency to: (1) provide for educational exchanges between U.S. and Soviet youths under 21; and (2) award higher education scholarships to exceptional students under 25 who are studying in the Soviet Union in programs approved by their own higher education institutions and maintaining satisfactory proficiency. Earmarks specified funds for FY 1986 and 1987 to carry out this Act. Refers to the activities specified in this Act as the Samantha Smith Memorial Exchange Program.
United States · United States Congress · 12 November 1985
Authorizes and requests the President to designate April 20 through April 26, 1986, as National Organ and Tissue Donor Awareness Week.
United States · United States Congress · 7 November 1985
Trade Policy Act of 1985 - Declares the United States should: (1) coordinate Federal activities in order to form a systematic trade policy; (2) provide for the collection and evaluation of data necessary to form such a policy; and (3) build a new system of international trade and financial agreements. Establishes the National Trade Data Committee which shall: (1) establish and maintain a National Trade Data Bank; and (2) provide for the analysis and effective dissemination of information in the National Trade Data Bank. Requires the National Trade Data Bank to consist of international economic and trade data and to serve as a clearinghouse for such data. Requires the National Trade Data Committee to report to the Congress annually on the Data Bank and the information it contains. Excludes the actions of the National Trade Data Committee from certain provisions governing coordination of activities with the Office of Information and Regulatory Affairs. Amends the Trade Expansion Act of 1962 to establish in the Executive Office of the President a National Trade Council which will advise the President on coordinating national and international policies relating to trade. Terminates the Trade Policy Committee upon enactment of this Act. Establishes the Commission on U.S. Trade in the 1990's which shall study and make recommendations concerning U.S. international trade and export policies. Requires the Commission to report to the Congress by July 1, 1987. Authorizes appropriations for FY 1986 and 1987. Amends the Trade Act of 1974 to require the President, by December 31, 1995, to take such action as may be necessary to: (1) revise all U.S. trade and financial agreements in order to meet specified objectives; or (2) replace such agreements with new agreements that meet such objectives. Requires such agreements to: (1) provide for the reciprocal exchange of obligations that are likely to be mutually economically advantageous to the signatories; (2) provide a reasonable likelihood that the United States can enforce the obligations of such agreements; (3) complement and reinforce other agreements; and (4) be subject to certain withdrawal provisions and fulfill certain objectives. Authorizes entering into a replacement agreement only if the President, before starting formal negotiations of such agreement: (1) notified specified congressional committees of such negotiations; and (2) consulted with such committees on such negotiations. Sets forth special provisions governing congressional consideration of a bill implementing such agreement.
United States · United States Congress · 7 November 1985
Fair Deposit Availability Act of 1986 - Sets forth depository institution disclosure requirements concerning: (1) the availability for withdrawal of funds deposited by check or similar instrument into a deposit account; (2) fees and charges assessed against deposit accounts; and (3) the computation of interest on deposited funds pending the receipt of provisional credit for the check or instrument. Requires the computation of interest on such deposited funds to begin no later than the date the institution receives provisional credit, unless the computation of interest begins at a later date for all deposits, including cash deposits, made to the account. Requires the Federal Reserve Board to publish for comment and implement within three years a regulation to improve the check clearing system used by depository institutions in order to make deposits by a check drawn on: (1) local institutions available for withdrawal after one business day; and (2) other institutions available after three business days. Requires the Board to establish an Expedited Funds Availability Council to advise and consult with the Board in the exercise of its functions under this Act. Requires the Secretary of the Treasury to require that funds deposited by a check drawn on the Treasury, which is endorsed for deposit by a customer with an established relationship with the depository institution, be available for withdrawal when the depository institution is given provisional credit for that check. Sets forth provisions governing the civil liability of institutions that fail to comply with this Act. Requires the Board to prepare a study and submit its findings to the Congress on the effect of improvements and changes in the check clearing system.