United States · United States Congress · 28 April 1983
Declares three named individuals to have been lawfully admitted to the United States for permanent residence under the Immigration and Nationality Act.
United States · United States Congress · 28 April 1983
Expresses the sense of the Senate that the changes in the Federal estate tax laws which were made by the Economic Recovery Tax Act of 1981 are vital to the continuation of the family farm and small business, and that such changes should not be repealed or amended and should be allowed to run their course.
United States · United States Congress · 27 April 1983
Directs the Secretary of Labor to pay a benefit of $50,000 to the survivors of any Federal law enforcement officer or firefighter who has died as the direct result of an injury sustained in the line of duty. Sets forth the order of precedence as to the beneficiaries of such payment. Authorizes the Secretary to make an interim payment not to exceed $3,000 to a survivor who, in the Secretary's determination, probably will receive such a benefit. Declares that no such benefit shall be subject to execution or attachment. Prohibits payment of such benefit: (1) if death was caused by the intentional misconduct, suicide, or intoxication of the officer or firefighter; and (2) to any beneficiary whose actions contributed to the death of the officer or firefighter.
United States · United States Congress · 27 April 1983
Amends the Omnibus Crime Control and Safe Streets Act of 1968 to authorize the payment of death benefits to survivors of public safety officers who die as the result of a medical condition sustained while ingesting or inhaling a poisonous substance or while subject to extreme physical stress, on a single occasion, in the performance of duty.
United States · United States Congress · 26 April 1983
Aviation Drug-Trafficking Control Act - Amends the Federal Aviation Act of 1958 to require the Administrator of the Federal Aviation Administration to revoke the airman certificate of any person who has been convicted of violations (other than simple possession) of State or Federal law relating to controlled substances. Requires the Administrator to revoke the airman certificate of any person who has knowingly transported any controlled substance, where such transportation is prohibited. Prohibits the Administrator from reissuing any revoked certificate for a period of five years. Grants the Secretary discretionary authority to reissue such certificate in certain circumstances before the end of a five-year period, but not before the end of the first year after revocation. Requires the Administrator to revoke the certificate of registration of an owner of an aircraft if it is determined that such aircraft has been used to transport controlled substances illegally. Sets forth certificate reissuance guidelines similar to those for the reissuance of airman certificates. Provides criminal penalties for violations of this Act, including selling or using fraudulent certificates.
United States · United States Congress · 26 April 1983
Requires the Secretary of Health and Human Services to revise: (1) the criteria under the category "Mental Disorders" in the "Listing of Impairments" in effect under part 404 of title 20 of the Code of Federal Regulations which are used to make individualized determinations of disability for purposes of determining eligibility for disability benefits under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act; and (2) the methods and procedures for assessing the residual functional capacity of individuals having mental impairments. Requires the Secretary to appoint a panel of outside experts to make recommendations with respect to such revisions. Prohibits the Social Security Administration from carrying out continuing eligibility reviews with respect to individuals previously determined to be under a disability due to mental impairment until such revisions have been established by final regulation. Makes such prohibition inapplicable in any case involving fraud or where an individual is engaged in substantial gainful activity. Sets forth requirements for the redetermination of disability determinations made after the enactment of this Act and before the date on which the Secretary's revisions are established by final regulation. Amends titles II and XVI (Supplemental Security Income) of the Social Security Act to require that a qualified psychiatrist or psychologist complete the medical portion of the sequential evaluation and residual functional capacity assessment in cases where an individual alleges to be under a disability due to a severe mental impairment.
United States · United States Congress · 21 April 1983
Agricultural Productivity Act of 1983 - Directs the Secretary of Agriculture to: (1) make an inventory of existing research and extension materials and recommend further areas of research regarding crop rotation, intercropping, biological pest control, and other related farming and soil conservation systems; and (2) make such information available to the public. Directs the Secretary to conduct research on 12 pilot farms (having specified mixes of livestock and crops) to examine the effects of the transition from practices relying on chemical fertilizers and pesticides and traditional soil tillage to systems relying on organic and biological pest control, crop rotation, and conservation tillage. Requires such farms to be chosen within 120 days. Directs the Secretary to make a parallel study of 12 farms which have been using such farm systems for at least five years. Sets the term of such projects at five years each. Sets forth on-farm study data, including soil profile changes, crop yields, energy and water use, and farm income. Directs the Secretary to make payments to the owner of a pilot farm if the Secretary determines such payments are justified. Stipulates that these payments may be made only during a project's last four years. Directs the Secretary to coordinate such pilot farms project with specified Federal and State agricultural services, colleges, and farmers. Directs the Secretary to report to the appropriate congressional committees: (1) within 15 months regarding the information inventory; and (2) by April 1 of each year from 1985 through 1988 regarding the pilot farms, with a final project summary and recommendations by April 1, 1989. Provides for a five-year program of intercropping assistance under the Soil Conservation and Domestic Allotment Act. Authorizes ceilinged appropriations for FY 1984 through 1988.
United States · United States Congress · 20 April 1983
Amends the Internal Revenue Code to provide that tax-exempt interest shall not be taken into account in determining the amount of social security benefits subject to tax.
United States · United States Congress · 20 April 1983
Sole Source Aquifer Protection Act of 1983 - Amends the Safe Drinking Water Act to provide a program for the protection of certain recharge areas overlying sole source underground water supplies. Authorizes municipalities within a sole source area to petition the Governor to designate a part of such area as a "special protection area." Requires that the petition propose boundaries for the special protection area and make certain evaluations. Directs the Governor to approve or disapprove the petition. Requires the Governor, if approving the petition, to: (1) propose the boundaries; (2) designate or establish an entity to develop a comprehensive management plan (the plan); (3) assure and encourage public participation; and (4) establish procedures for adoption and implementation of the plan. Requires the Governor, if approving the petition, to submit to the Administrator of the Environmental Protection Agency: (1) the proposed boundaries; and (2) a description of the planning entity. Directs the Administrator to approve or disapprove the Governor's submission. Authorizes the Administrator, if approving the Governor's submission, to provide such State a 50 percent matching grant for the costs of preparing the petition and developing the plan. Requires the plan to maintain the quality of the ground water recharged through the special protection area by maintenance, to the maximum extent possible, of the natural vegetative and hydrological conditions. Lists several requirements to be included in the plan. Directs the Governor to approve or disapprove the plan. Requires the Governor to consider certain factors in reviewing the plan. Requires the Governor to submit an approved plan to the Administrator. Directs the Administrator to approve the plan or to submit to the Governor the reasons for disapproving the plan. Allows the Governor 90 days after disapproval to resubmit a modified plan. Requires the Administrator to consult with the Secretary of Defense on the effect of the plan on military installations. Authorizes the Administrator, if approving the plan, to provide such State a 50 percent matching grant for the costs of implementing the plan. Prohibits such grant from exceeding $20,000,000. Authorizes appropriations: (1) for FY 1984 through 1986 for plan development; and (2) for FY 1984 through 1987 for matching grants for plan implementation. Restricts the use of such authorized funds to those activities specified in this Act.
United States · United States Congress · 20 April 1983
Declares that the Senate deplores the bombing of the U.S. Embassy in Lebanon. Urges specified Federal officials to hold memorial or other commemorative ceremonies to honor the victims of the bombing.
United States · United States Congress · 19 April 1983
National Outdoor Recreation Resources Review Act of 1983 - Establishes a National Outdoor Recreation Resources Review Commission to evaluate existing and potential public outdoor recreation policies, programs, and opportunities and to recommend outdoor recreation policies and activities which should be instituted at the Federal, State, and local levels and by the private sector in order to protect existing recreation resources and to meet future recreation needs. Requires the Commission to report its findings and recommendations to the President and Congress within 18 months after its establishment. Terminates the Commission six months after submission of its report. Authorizes appropriations.
United States · United States Congress · 15 April 1983
Expresses the sense of the Senate that U.S. representatives to international organizations should oppose the adoption of international marketing and distribution regulations that impede the export of U.S. products.
United States · United States Congress · 14 April 1983
Amends the Rail Passenger Service Act to provide for a resolution of the rail labor dispute between the Metropolitan Transportation Authority (New York) in conjunction with the Connecticut Department of Transportation and the employees of such authorities represented by the United Transportation Union. Requires any work stoppage arising out of such dispute to terminate on the date of enactment of this Act. Directs that rates of pay, rules and working conditions shall be as agreed upon prior to April 11, 1983, with respect to the service transferred from Conrail to such authorities. Provides that the conditions under which such service was operated by Conrail shall govern over disputed issues until the arbitration panel issues its decision. Establishes such arbitration panel whose decision shall be binding upon the parties. Declares that nothing in this Act precludes the parties to the dispute from reaching agreement prior to such binding decision.
United States · United States Congress · 14 April 1983
Mortgage Retirement Account Act of 1983 - Amends the Internal Revenue Code to allow taxpayers an election to treat home mortgage prepayments as a tax deductible contribution to an individual retirement account. Allows amounts to be withdrawn from an individual retirement account for the purchase of a principal residence.
United States · United States Congress · 13 April 1983
Small Business Capital Formation Tax Act -- Amends the Internal Revenue Code to lower the amount of corporate tax liability on taxable income up to $200,000. Increases from 60 percent to 80 percent the capital gain deduction for equity investments in small business concerns for investments held for five years or more. Establishes a maximum corporate capital gain tax rate of 20 percent attributable to equity investments in small business concerns. Allows a small business to use a cash receipts method of accounting if its average annual gross receipts do not exceed $1,500,000 for the three preceding taxable years. Allows a nonrefundable ten percent income tax credit for investment in small business stock. Permits a taxpayer to defer payment of tax on the sale of any capital gain property if the proceeds from such sale are reinvested within one year in small business stock, and the amount of such gain does not exceed the amount invested in small business stock.
United States · United States Congress · 12 April 1983
Amends the Small Business Act to treat businesses owned by Indian tribes (including any Alaskan Native village or regional or village corporation) as socially and economically disadvantaged small businesses for purposes of the Small Business Administration's business development program.
United States · United States Congress · 12 April 1983
Requests the President to grant posthumous citizenship to William Penn, founder of the Commonwealth of Pennsylvania, and his wife, Hannah Callowhill Penn.
United States · United States Congress · 12 April 1983
Expresses the sense of the Senate that May 8 through May 14, 1983, be designated as National Product Safety Week in commemoration of the tenth anniversary of the United States Consumer Product Safety Commission.
United States · United States Congress · 7 April 1983
Natural Gas Consumer Relief Act - Title I: Contracting and Marketing Practices - Amends the Natural Gas Policy Act of 1978 to declare a take-or-pay clause of a pipeline contract to be against public policy and unenforceable for a three-year period: (1) to the extent that it requires a pipeline to make any payment with respect to natural gas in excess of 50 percent of the maximum annual volume the pipeline has contracted to take; or (2) if such clause does not entitle a pipeline which makes a payment under such clause to take delivery of the gas during the one-year period beginning on the date of payments. Defines "take-or-pay clause" to mean any contract provision which requires payment for the minimum quantity of natural gas contracted for under the contract in the event the pipeline fails to take delivery. Permits a pipeline, in the case of a contract for the first sale of natural gas, to: (1) request the seller to renegotiate the contract; and (2) indicate that, if there is no renegotiation within 30 days of the request, the pipeline will exercise its market-out-option. Permits a pipeline exercising its market-out-option to refuse delivery without incurring an obligation to pay for any amount of natural gas contracted for if the pipeline in its sole discretion determines that it could not market the gas. Declares any indefinite price escalator clause applicable to the first sale of natural gas to be against public policy and unenforceable. Defines "indefinite price escalator clause" as any provision of any contract which provides for the establishment or adjustment of the price for natural gas delivered by reference to prices for natural gas, crude oil, or any other commodity. Prohibits a pipeline from passing through its costs if the Federal Energy Regulatory Commission (FERC) determines that the amount the pipeline paid was excessive due to imprudence. Declares any minimum commodity bill requirement applicable to any sale of natural gas by any interstate or intrastate pipeline to be against public policy and unenforceable: (1) to the extent that it requires the purchaser to make any payment with respect to natural gas in excess of 50 percent of the maximum annual volume the purchaser has contracted to take; or (2) if such requirement does not entitle a purchaser who makes a payment under such requirement to take delivery of the natural gas involved subsequent to the date of payment provided under the requirement. Directs FERC to order an interstate pipeline, upon application by a producer of natural gas or by a purchaser of natural gas from a producer, to carry natural gas, for a just and reasonable consideration, between the producer and purchaser if FERC finds that: (1) the pipeline has available capacity; (2) no undue burden would be placed upon such pipeline by reason of the order; (3) construction of new facilities would not be required; and (4) the order would not impair the ability of the pipeline to render adequate service to its other customers. Directs FERC to complete a rulemaking proceeding to issue standards for interstate pipeline tariffs. Directs FERC to require, by rule, a first-sale purchaser of natural gas to file a copy of the contract with FERC. Title II: Wellhead Price Provisions - Revises ceiling price provisions for natural gas. Provides that the ceiling price for categories other than high-cost gas shall be the August 1982 ceiling price multiplied by the monthly equivalent of the modified price adjustment factor. Defines the "modified price adjustment factor" for any month as the lower of: (1) 75 percent of the quarterly percent change in the GNP implicit price deflator (as defined in the Natural Gas Policy Act of 1978); or (2) the percent change in the energy index, computed and published as an annual rate by the Department of Labor, for the most recent month for which such percent change has been so published at least eight days before the beginning of the month for which the modified price adjustment factor is being calculated. Provides that for high-cost gas the maximum lawful price shall be prescribed by FERC at a rate which provides reasonable incentives for production, but may not exceed 150 percent of the maximum lawful price for categories of gas other than high-cost gas. Authorizes a higher price for high-cost gas in the case of wells the surface drilling of which commenced on or after April 7, 1983, if necessary to allow a reasonable return. Provides for an adjusted ceiling price for wells drilled on or after August 1, 1982, and before enactment. Repeals provisions permitting increases in the ceiling price of certain categories of natural gas if just and reasonable. Provides, as a general rule, that the maximum lawful price applies with respect to the recovery of all costs and profits associated with production and first-sale delivery of marketable natural gas. Prohibits the importation of natural gas if the first sale price in the United States of the gas exceeds 150 percent of the maximum lawful price for domestically produced gas. Directs the President to submit to Congress a report on the status of negotiations with Canada regarding modification of the border price for natural gas imported from Canada. Extends price controls and standby authority for two years beyond their present expiration dates.
United States · United States Congress · 7 April 1983
Correctional Facility Development Act of 1983 - Amends the Federal criminal code to authorize the Board of the National Institute of Corrections (Institute) to appoint a committee to advise it on innovative methods of constructing new correctional facilities. Directs the Institute to encourage States and local governments to develop innovative methods for the construction, acquisition, and renovation of correctional facilities. Provides the Institute with authority to make grants to States for up to one-third of the total construction costs of such projects. Authorizes appropriations.
United States · United States Congress · 7 April 1983
Federal Employees Health Benefits Plan Amendments of 1983 - Requires the Federal employees service benefit health plan and the indemnity benefit plan to include, in addition to all types of benefits currently authorized: (1) nervous and mental disorder benefits; and (2) alcoholism and substance abuse treatment and rehabilitation benefits. Prohibits the Office of Personnel Management from contracting for or approving either such plan or any employee organization plan that does not provide for: (1) 50 outpatient visits and 60 inpatient days of nervous and mental disorder benefits; and (2) two 28-day alcoholism or substance abuse treatment and rehabilitation benefits for individuals who have not previously received such treatment. Provides that limits on nervous and mental disorder benefits under the service benefit plan and the indemnity benefit plan shall be exceeded on a case-by-case basis to the extent determined necessary and appropriate by an established peer review mechanism. Requires a specified percentage of such catastrophic benefits to be paid out of the Employees Health Benefits Fund. Earmarks for such payments whatever funds remain from one percent of all contributions to the Fund after deducting the expenses of administering the Federal employees health benefits program.
United States · United States Congress · 7 April 1983
Authorizes the Secretary of the Interior to enter into contracts or cooperative agreements to maintain the gravesite of "Uncle Sam" Wilson in Oakwood Cemetery, Troy, New York, and to erect and maintain gravesite markers as appropriate.
United States · United States Congress · 7 April 1983
Competitive Shipping and Shipbuilding Act of 1983 - Requires that, by 1984, five percent of all bulk cargoes imported into or exported from the United States by water be carried on U.S.-flag ships. Requires yearly one percent increases until the percentage of bulk cargoes carried on U.S.-flag ships reaches 20 percent. Provides for credit to importers and exporters for the use of U.S.-flag ships for the transportation of bulk cargoes between foreign ports. Authorizes the Secretary of Transportation to provide relief from the requirements of this Act upon a finding that U.S.-flag ships are not available within guideline rates. Sets forth factors which the Secretary shall consider in determining the extent of relief granted. Requires the Secretary to establish and publish guideline rates for the carriage of bulk cargoes subject to this Act. Requires the Secretary to assure that such rates take into account certain objectives. Requires the Secretary, in order to establish guideline rates, to estimate the current cost of operating U.S.-flag ships in the foreign bulk trades of the United States and of constructing such ships. Requires such cost estimates to be published within six months after enactment of this Act. Requires such estimates to be revised annually. Requires that such rates: (1) be reviewed and adjusted at least annually; (2) not reflect costs greater than the estimated current costs; and (3) be the maximum rates which may be charged for the charter of U.S.-flag ships for the transportation of bulk cargoes governed by this Act. Requires the Secretary to establish and publish interim guideline rates in the first calendar year following the enactment of this Act. Sets forth factors to be taken into account in determining such rates. Requires the Secretary to appoint and consult with an advisory committee to establish and review U.S.-flag ship operating costs, shipyard construction costs, guideline rates, and regulations. Requires anyone engaged in importing or exporting bulk commodities in U.S. foreign commerce whose business volume exceeds $1,000,000 annually to report to the Secretary on the percentages of such person's exports and imports carried on U.S.-flag ships. Requires anyone who fails to transport the required percentage of U.S. bulk cargoes to use exclusively U.S. flag ships until the deficiency has been recouped, unless Secretarial relief has been granted. Establishes civil penalties for violations of this Act. Sets forth procedures for the investigation, prosecution, and judicial review of violations of this Act.
United States · United States Congress · 5 April 1983
Amends the Public Health Service Act to permit the Secretary of Health and Human Services, after consultation with the Director of the National Institutes of Health, the Commissioner of the Food and Drug Administration, or the Director of the Centers for Disease Control, to expedite grant applications for research on diseases or disorders that constitute a public health emergency. Requires reports to the appropriate congressional committees (within 90 days from the end of a fiscal year) regarding any such expedited research.
United States · United States Congress · 23 March 1983
Insider Trading Sanctions Act of 1983 - Amends the Securities Exchange Act of 1934 to permit the Securities and Exchange Commission, whenever it appears that any person has traded in securities while in possession of material nonpublic information, to seek an order in a district court action requiring the violator, or anyone who aided and abetted the violation, to pay a civil penalty of up to three times the profit gained or loss avoided as a result of the unlawful transaction. Permits the Commission if such person fails to pay such penalty, to refer the matter to the Attorney General who may recover such penalty by action in the appropriate U.S. district court. Increases from $10,000 to $100,000 the maximum criminal fine that may be imposed on persons, other than exchanges, who willfully violate the Securities Exchange Act of 1934.
United States · United States Congress · 23 March 1983
Public Health Emergency Research Act - Amends title IV (National Research Institutes) of the Public Health Service Act to authorize the Secretary of Health and Human Services to conduct research on public health emergency diseases or disorders through the National Institutes of Health (NIH). Permits such research contracts to be entered into without regard to specified statutory provisions. Establishes a fund in the Treasury for such purposes, such fund to be financed through transferred NIH appropriations. Requires annual fund expenditure reports (within 90 days of the end of each fiscal year) to the appropriate congressional committees.
United States · United States Congress · 23 March 1983
Authorizes and directs the Secretary of the Treasury to pay a specified sum to a nonprofit charity in full satisfaction of all claims against the United States for losses incurred during a moratorium on certain purchases by the General Services Administration and a purchase freeze by the Office of Management and Budget.
United States · United States Congress · 23 March 1983
Economic Equity Act of 1983 - Title I: Tax and Retirement Matters - Amends the Internal Revenue Code to provide that the maximum deduction for contributions to an individual retirement plan: (1) shall be computed separately for each individual who is married; and (2) in the case of a married individual who has no compensation or less compensation than that of the spouse, shall be determined as if such compensation were the same as that of the individual's spouse. Treats alimony as compensation for purposes of determining an individual's income tax deduction for retirement savings. Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to require that a retirement plan that provides an annuity to a participant with at least ten years of creditable service shall provide a survivor's annuity for the spouse of a participant who dies before the annuity starting date in an amount not less than the amount that would have been made under the survivor's annuity if the participant has survived and retired on such annuity date. Provides that a participant's election not to take a joint and survivor's annuity shall not be effective unless the spouse of the participant consents in writing to such an election. Requires a retirement plan to treat an individual who was the spouse of the participant on the annuity starting date and who survives the participant as if such individual were the spouse of the participant on the date of death of the participant whether or not divorced after the annuity starting date. Allows the assignment of the benefits of a qualified retirement plan in the case of a judgment decree or order relating to child support, alimony payments, or marital property rights pursuant to a State domestic relations law. Amends ERISA to lower the age limitation for participation in a qualified retirement plan from age 25 to age 21. Amends ERISA and the Internal Revenue Code to provide for accruals of creditable service to continue while an individual is on approved maternity or paternity leave at the rate of 20 hours service for each week of approved leave. Entitles former spouses of civil service employees or Members of Congress, who were married to an employee or Member for at least ten years during creditable service, to an annuity based upon a portion of retired or retainer pay unless otherwise provided by a spousal agreement or a state court decree of divorce or annulment. Entitles former spouses to survivor's benefits under the civil service plan unless the former spouse remarries before becoming 60 years of age or the employee or Member and former spouse elect to waive such benefit. Requires that such waiver be jointly made in writing. Includes displaced homemakers as a targeted group for purposes of the targeted jobs tax credit. Defines "displaced homemaker" as a person who: (1) has not worked, except in the home, for a substantial number of years; (2) has been dependent on public assistance or on the income of a family member but is no longer supported by that income; and (3) is a member of an economically disadvantaged family and is experiencing difficulty obtaining or upgrading employment. Increases the zero bracket amount for heads of households from $2,300 to $3,400. Title II: Dependent Care Program - Increases the income tax credit for household and dependent care services from a maximum of 30 percent of amounts paid to a maximum of 50 percent of amounts paid. Reduces such percentage to a minimum of 20 percent based on the taxpayer's adjusted gross income. Makes such income tax credit refundable. Treats as tax-exempt organizations certain organizations which provide nonresidential dependent care to the general public. Requires the Secretary of Health and Human Services (through the Commissioner of the Administration of Children, Youth, and Families) to establish a grant program to assist nonprofit organizations in the establishment or operation of community-based child care information. Title III: Nondiscrimination in Insurance - Nondiscrimination in Insurance Act of 1983 - Prohibits discrimination on the basis of race, color, religion, sex, or national origin in the consideration of applications for, or the granting of, insurance policies and the terms of such policies. Permits insurers who regularly provide insurance solely to persons of a single religious affiliation to continue to do so. Grants to State or local governments having insurance discrimination laws the primary opportunity to enforce this Act. Permits an aggrieved person to file a civil action in State or Federal court against an insurer, if a State or local authority: (1) has received notice of a complaint and fails to act within 60 days; or (2) has no insurance discrimination laws. Authorizes the Attorney General to bring a civil action in district court when there is reasonable cause to believe that a person or group is engaged in a pattern or practice of resistance to the rights granted by this Act and that such denial raises an issue of general public importance. Title IV: Regulatory Reform and Sex Neutrality - Requires the head of each Federal agency to: (1) conduct an ongoing review of the rules, regulations, programs, and policies of the agency to identify any which result in different treatment based on sex; and (2) submit annually a report to the Congress on such review. Sets forth rules of statutory construction relating to gender. Title V: Child Support Enforcement - Amends the Social Security Act to specify that the purpose of the child support enforcement program is to assure compliance with obligations to pay child support to each child in the United States living with one parent. Allows offsets of income tax refunds of an absent parent on behalf of children not receiving Aid to Families with Dependent Children (present law permits such offsets only in the case of children receiving AFDC payments). Requires States to establish a child support clearinghouse through which child support payments can be paid, recorded and forwarded. Revises State child support enforcement procedures. Allows allotments for child and spousal support to be taken from the pay of Federal employees.
United States · United States Congress · 23 March 1983
Amends the Securities Exchange Act of 1934 to permit the Securities and Exchange Commission to accept reimbursement for travel, subsistence, and other necessary expenses incurred by Commission members and employees in attending meetings and conferences. Permits participants in the professional fellows programs of the Securities and Exchange Commission to accept the payment of relocation expenses from former private employers. Requires any registered broker or dealer in securities (other than exempted securities or commercial paper, bankers' acceptances or commercial bills) to join a registered securities association, unless such broker or dealer effects securities transactions solely on a national securities exchange of which it is a member. Permits the Commission to exempt any broker or dealer or class of brokers or dealers from such requirement.
United States · United States Congress · 22 March 1983
Amends the Communications Act of 1934 to prohibit the Federal Communications Commission from restricting the hours of operation or reducing the operating power of any AM broadcast station if: (1) such restriction or reduction would prevent the station from operating at full daytime power from two hours before sunrise until two hours after sunset; and (2) operation during such period would not interfere with the protected signal of an existing station. Prohibits the Commission from denying an application for a license to operate a new AM station or an application to expand the hours of operation of an existing station solely on the grounds that: (1) the area has adequate broadcasting service; or (2) an FM channel is available for the area. Prohibits the Commission from placing an applicant for a station license or construction permit at a disadvantage because that applicant is licensed to operate a station with restricted hours in the area if such applicant certifies that it will relinquish the restricted license if its application is approved. Exempts any application to alter the hours of operation of a standard broadcast station from public notice and comment requirements.
United States · United States Congress · 21 March 1983
Export-Import Bank Amendments of 1983 - Title I: Amendments to the Export-Import Bank Act of 1945 - Amends the Export-Import Bank Act of 1945 in order to direct the Bank to provide guarantees, insurance, and extensions of credit at fully competitive rates and terms as those available to foreign competitors of U.S. exporters. Declares that loans made by the Bank shall bear interest at rates determined by the Board of Directors in order to support U.S. exports at rates and on terms and conditions which are fully competitive with exports of other countries. States that the Advisory Committee, established under such Act, shall; (1) consist of 12 members (currently nine); and (2) meet at least once each quarter (currently once or more each year). Requires the Committee to submit a report to Congress concerning the extent to which the Bank is providing competitive financing to expand U.S. exports and suggestions for improvements. Authorizes members of the Committee to attend meetings of the Board of Directors on a rotating basis. Sets forth the terms of office for members of the Board of Directors. Sets forth the limits on the gross obligations for the principal amount of direct loans authorized by the Bank for FY 1984 and 1985. Extends the authorization for the Bank until September 30, 1989. Requires the Secretary of the Treasury to complete an inquiry into the existence of foreign noncompetitive financing within 60 days following the receipt of information concerning such financing. Authorizes the Secretary to issue an authorization to the Bank to provide matching financing to U.S. exporters upon a determination that the availability of such foreign noncompetitive financing is likely to be a significant factor in a proposed transaction. Requires the Bank to provide such matching financing upon receipt of the Secretary's authorization. Prohibits the Board of Directors from giving final approval for any loan, financial guarantee or combination of both which exceeds $250,000,000, unless the Bank has submitted a certain statement to Congress describing and explaining the transaction. Title II: Mixed Credit Export Subsidies - Trade and Development Enhancement Act of 1983 - Requires the President to pursue negotiations to limit and set rules for the use of mixed financing for exports. Lists the negotiating objectives of the United States in reaching agreements on the use of such financing. Requires the Chairman of the Bank to establish a program of mixed financing for U.S. exports within the Bank. Requires such program to be carried out in cooperation with the Agency for International Development and with appropriate private financial entities. Lists the types of financing the program may include. Declares that the purpose of the program shall be to offer financing for U.S. exports which is as concessional as financing offered by a foreign government to a bona fide foreign competitor of a U.S. export sale. States that U.S. exports which could reasonably be judged to have been offered at the lowest evaluated bid shall be eligible for concessional mixed financing. Authorizes the Chairman to establish a fund to carry out this program. Requires the Administrator of the Agency for International Development (AID) to establish a program of mixed financing for U.S. exports. Directs that the program be carried out in cooperation with the Bank and with private financial entities. Lists the financing authorized for such program. Authorizes the combination of AID funds with Bank or private financing to provide financing for U.S. exports which is substantially as concessional as that offered by a foreign government to a bona fide competitor for a U.S. export sale. Requires that AID funds be offered only to finance U.S. exports which will contribute to the advancement of the developing objectives of the importing country. Authorizes the Administrator to draw on Economic Support Funds and to establish a fund to carry out the mixed financing program. Requires the President to appoint an individual to coordinate and ensure the implementation of both mixed financing programs. Authorizes appropriations.
United States · United States Congress · 18 March 1983
Enterprise Zone Act of 1983 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Specifies that State and local governments shall nominate areas for such designation. Limits the designation of enterprise zones to 75 nominated areas per year (one-third of which must be in rural areas). Limits the period during which such designations shall remain in effect. Specifies that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (within a population of at least 50,000) or 1,000 otherwise, or is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamling regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on June 30, 1986 or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such enterprise zones' designation. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Exempts enterprise zones from certain requirements relating to Federal environmental policy. Title II: Federal Income Tax Incentives - Subtitle A: Credits for Employers and Employees - Allows employers located in enterprise zones a nonrefundable income tax credit for increased employment expenditures and employment of the disadvantaged. Allows a three year carryback and 15 year carryover of such credit. Sets the amount of such credit at ten percent of the increase in payroll (taking into account a maximum of $15,000 in wages per year per employee) plus 50 percent of the wages paid to certain disadvantaged workers for the first three years of the enterprise zone designation. Phases out such credit in the last three years of the enterprise zone designation. Disallows a deduction for the portion of wages taken into account for such credit. Allows employees located in enterprise zones a nonrefundable income tax credit equal to five percent of qualified wages earned per year (taking into account a maximum of $9,000 in wages per year). Phases out such credit in the last three years of the enterprise zone designation. Subtitle B: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for investment in certain tangible property located in enterprise zones. Limits such credit to five percent for zone personal property and ten percent for new zone construction property, including rental property. Requires that the property subject to such credit be predominantly used in the zone, be purchased after zone designation, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon early disposition of the property. Phases out such credit in the last three years of the enterprise zone designation. Subtitle C: Reduction in Capital Gain Tax Rates - Eliminates the capital gains tax on property of corporations acquired after the enterprise zone designation and used in a zone business. Qualifies certain low-income rental housing located in an enterprise zone for such treatment. Permits property to remain qualified for purposes of the revised capital gains treatment after a designation of an enterprise zone has terminated. Exempts gain from the sale or exchange of property used in a business in an enterprise zone from the computation of the minimum tax. Allows noncorporate taxpayers to deduct from gross income 100 percent of any net capital gain from qualified enterprise zone property. Subtitle D: Rules Relating to Industrial Development Bonds - Provides that limitations on the cost recovery deductions for property financed with tax-exempt industrial development bonds shall not apply to enterprise zone property. Provides that the termination of the small issue exemption shall not apply to industrial development bonds the proceeds of which are used to finance facilities in such enterprise zones. Subtitle E: Sense of the Congress with Respect to Tax Simplification - Expresses the sense of the Congress that the Internal Revenue Service should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Title III: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions, to include qualified businesses (as defined in Title II of this Act), to include governments, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Title IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. States that to the maximum extent practicable foreign-trade zones should be established within enterprise zones.