United States · United States Congress · 6 February 1981
Declares that the Senate approves the President's recommendation for pay increases for fiscal year 1982 for the following positions: (1) the Comptroller General and the Assistant Comptroller General; (2) the General Counsel of the General Accounting Office; (3) the Librarian of Congress and the Deputy Librarian of Congress; (4) the Public Printer and the Deputy Public Printer; and (5) the Architect of the Capitol and the Assistant Architect of the Capitol.
United States · United States Congress · 3 February 1981
Intelligence Identities Protection Act of 1981 - Amends the National Security Act of 1947 to establish criminal penalties for any person who knowingly discloses information which identifies a U.S. covert intelligence agent. Establishes a maximum penalty of ten years' imprisonment and/or a $50,000 fine for any person who, having had authorized access to classified information which identifies a covert agent, learns the identity of a covert agent and intentionally discloses such information. Establishes a maximum penalty of five years' imprisonment and/or a $25,000 fine for any person who, having had authorized access to classified information, learns the identity of a covert agent and intentionally discloses such information. Establishes a maximum penalty of three years' imprisonment and/or a $15,000 fine for any person who, in the course of a "pattern of activities intended to identify" covert agents and with "reason to believe" that such activities would impair U.S. foreign intelligence activities, discloses information identifying an agent. Directs the President to establish procedures requiring Federal agencies to provide assistance in concealing the identity of U.S. intelligence agents.
United States · United States Congress · 29 January 1981
Directs the Secretary of the Treasury to pay a specified sum to a named individual in full satisfaction of a claim against the United States arising out of injuries suffered as the result of negligently performed surgery at a Veterans' Administration hospital.
United States · United States Congress · 29 January 1981
Declares that seven members of named families have resided since a certain date in the United States Embassy in Moscow and have been living there in accordance with United States laws. Authorizes the granting of a visa and admission to the United States for permanent residence to each individual. Provides that each individual shall be held and considered to have been lawfully admitted to the United States for permanent residence as of a specified date, and to have been physically present and residing therein continuously since such date.
United States · United States Congress · 29 January 1981
Provides that a named individual shall not be subject to deportation nor denied lawful admission for permanent residence under certain provisions of the Immigration and Nationality Act.
United States · United States Congress · 29 January 1981
Investment Tax Act of 1981 - Amends the Internal Revenue Code to allow individuals and corporations a deduction from gross income for a percentage of the cost of recovery property. Defines "recovery property" as depreciable tangible property (equipment or machinery) used in a trade or business or held for the production of income and placed in service after December 31,1980. Establishes four classes and recovery periods for such property; (1) Class 1, two years; (2) Class 2, four years; (3) Class 3, seven years; and (4) Class 4, ten years. Requires assignment of property to the class which has a recovery period at least 50 percent shorter than its present midpoint useful life under the Asset Depreciation Range (ADR). Permits the taxpayer to elect placement of any item of property in the class with the next longer recovery period than the class to which it would otherwise belong. Limits the amount of a recovery deduction to the aggregate determined by applying the recovery percentage for each class of property to the balance in the recovery account for such class at the end of the taxable year. Defines the recovery percentage as the percentage (100 percent, 150 percent, or 200 percent) selected by the taxpayer for a class of items, divided by the number of years in the corresponding recovery period. Requires a taxpayer to establish a recovery account for each class of recovery property. Sets forth formulae for additions to and reductions in such account. Excludes from the application of such deduction the following kinds of property: (1) certain livestock; (2) property subject to amortization; (3) property depreciable on a basis other than time; (4) public utility property; (5) oil- or gas-fueled boilers; and (6) property used predominantly outside the United States. Treats qualified progress expenditures, for purposes of the recovery deduction, as property placed in service. Increases from 20 percent to 30 percent the ADR variance from class life for public utility property. Revises the applicable percentage for determination of the investment tax credit to make eligible for such credit: (1) 40 percent of the basis of an asset if its useful life is between two and four years (currently, 33 1/3 percent if its useful life is between three and five years); (2) 75 percent of asset basis if its useful life is between four and seven years (currently, 66 2/3 percent if its useful life is between five and seven years); and (3) 100 percent of basis if its useful life is seven years or more (currently, the same). Provides increased applicable percentages for purposes of applying the energy percentage and the employee plan percentage. Allows election of: (1) 20-year straight line depreciation, with Section 1250 recapture, for structures and structural components; (2) 15-year straight line depreciation, with Section 1250 recapture, for low-income housing; and (3) 15-year declining balance depreciation, with Section 1245 recapture, of certain owner-occupied buildings used for industrial, retail, or catalog distribution purposes. Disallows component depreciation for any taxpayer who makes such election. Repeals provisions granting small businesses a first-year depreciation allowance for the cost of tangible personal property. Increases the investment credit carryover (from seven to ten years), the net operating loss carryover for taxable years beginning after December 31, 1981 (to ten years), and the investment tax credit for rehabilitated nonresidential structures (from ten percent to 25 percent). Repeals provisions disallowing the deduction for real property construction period interest and taxes.
United States · United States Congress · 29 January 1981
Amends the Internal Revenue Code to exempt interest paid on deposits by State and local governments of public funds, which are secured by tax-exempt securities, from provisions of the Internal Revenue Code which disallow income tax deductions for interest paid with respect to tax-exempt financing.
United States · United States Congress · 29 January 1981
Constitutional Amendment - Prohibits: (1) any person who has been elected to the Senate twice from being eligible for election or appointment to the Senate; and (2) any person who has been elected to the House of Representatives six times from being eligible for election to the House.
United States · United States Congress · 27 January 1981
Radio Deregulation Act of 1981 - Amends the Communications Act of 1934 to make licenses for the operation of a radio broadcasting station valid for an indefinite period of time. Permits any party in interest to petition the Federal Communications Commission for a revocation of such license. Requires such petition to contain specific allegations of fact to establish a prima facie case that the licensee has violated specific provisions of such Act or an order of the Commission. Requires the Commission to hold a hearing if a substantial and material question of fact is presented. Permits the Commission to grant an application for a license for a frequency in the radio broadcast service on a system of random selection. Requires the Commission to establish procedures for such selection within a specified period. Prohibits the Commission from requiring radio broadcast station licensees to provide specific types of programming or restricting the length or frequency of commercials. Requires the Commission to report to Congress annually on its progress in reviewing regulations applicable to radio broadcasting. Requires the Commission within three years to report to Congress on the impact of deregulation on radio programming.
United States · United States Congress · 27 January 1981
Patent Term Restoration Act of 1981 - Amends the patent law to extend the terms of patents which encompass specified products or a method for using a product, any of which are subject to certain nonpatent regulatory review periods. Sets forth the terms and conditions of such extension, including a seven year limitation. Directs the Commissioner of Patents to issue to the owner of record of a patent a certificate of extension stating the fact and length of the extension and identifying the product and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Limits the application of such patent term extension to patents for products subject to regulation under the Federal Food, Drug, and Cosmetic Act, the Public Health Service Act, the Federal Insecticide, Fungicide, and Rodenticide Act, the Toxic Substances Control Act, and the Act of March 4, 1913 (relating to virus, serum, toxin, and analogous products).
United States · United States Congress · 27 January 1981
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to repeal the limitation on outside income for beneficiaries age 65 or older.
United States · United States Congress · 22 January 1981
Constitutional Amendment - Defines "person" to include the unborn for the purpose of the right to life guarantee. Makes such amendment inapplicable to laws permitting medical procedures required to prevent the death of the mother.
United States · United States Congress · 21 January 1981
Amends the Powerplant and Industrial Fuel Use Act of 1978 to limit to 12 1/2 percent of the value of the coal produced yearly the amount of all State and local severance taxes or fees on coal mined from Indian or Federal lands and shipped in interstate commerce to any powerplant or major installation.
United States · United States Congress · 21 January 1981
Expresses the jubilation and relief of the Senate at the release of the 52 Americans held hostage by Iran. Expresses appreciation for the efforts of various Government officials to secure the release of the hostages. Recognizes the patriotism of the military personnel who tried to rescue them. Thanks Algeria for its help in securing the hostages' release.
United States · United States Congress · 19 January 1981
Title I: Export Trading Companies - Export Trading Company Act of 1981 - Directs the Secretary of Commerce to promote export trading companies by providing information and by facilitating contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate Congressional committees with their recommendations concerning implementation of this Act, related changes in U.S. law, and effects of ownership of U.S. banks by foreign banking organizations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Authorizes up to $20,000,000 to be appropriated for initial investments and operating expenses for each of fiscal years 1981-1985. Directs the Export-Import Bank of the United States to provide loan guarantees for expansion to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available. Directs the Board of Directors to try to insure that a major share of such guarantees promotes exports from small, medium-size, and minority businesses or agricultural concerns. Title II: Export Trade Associations - Export Trade Association Act of 1981- Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Permits automatic certification for existing associations. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish certification guidelines. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an Office of Export Trade. Requires such Office to report annually to the appropriate Congressional committees on all East-West trade transactions requiring validated licenses and on the role of U.S. export trading companies in such trade. Grants a temporary exemption from the Sherman Act antitrust provisions for existing associations. Requires, with specified exceptions, that all applications for certification be kept confidential. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force, seven years after enactment, to examine the effect of this Act and to make recommendations.
United States · United States Congress · 15 January 1981
Amends the Internal Revenue Code to allow a nonrefundable income tax credit of 25 percent of the qualified research and experimental expenditures paid or incurred by a taxpayer in carrying on a trade or business. Defines "qualified research and experimental expenditures" as those business-related expenditures which are deductible under current provisions of the Internal Revenue Code. Limits the scope of such expenditures, for both the tax credit and tax deduction, to technological research designed to develop or improve products or services. Excludes expenditures for research or experimentation in the social sciences or humanities, government-funded research, and certain applied research. Limits the amount of expenditures eligible for the credit to those which exceed the annual average of such expenditures for the immediately preceding three years. Requires taxpayers under common control to aggregate such expenditures for purposes of computing the credit. Sets forth rules for adjusting such expenditure amounts when there is a change in business ownership. Provides for a three-year carryback and seven-year carryover of unused credits.
United States · United States Congress · 6 January 1981
Steel Industry Compliance Extension Act of 1981 - Amends the Clean Air Act to authorize the Administrator of the Environmental Protection Agency to extend the date for compliance with emission limitation requirements by owners or operators of a stationary source in an iron- and steel-producing operation if: (1) the compliance date extension is necessary to allow the applicant to make capital investments in its operations to improve efficiency and productivity; (2) the funds freed by such extension will be used within two years for additional capital investments in the applicant's operations; (3) the Administrator and the applicant agree to a phased compliance program for each of the applicant's stationary sources; (4) the applicant has sufficient funds to comply with such program; (5) the applicant is in compliance with any existing Federal decrees applicable to its operations; and (6) the compliance date extension will not result in the degradation of air quality during the extension term. Prohibits the imposition of a noncompliance penalty under the Clean Air Act upon an owner or operator with a compliance date extension provided their stationary source remains in compliance with all the requirements of such extension. Makes available to the public all information obtained by the Administrator under this Act, subject to a specified exception. States that revision of a State implementation plan is not required because a compliance date extension has been granted if such plan would have met Clean Air Act requirements prior to the granting of such extension.
United States · United States Congress · 6 January 1981
Commission on Presidential Nominations Resolution - Establishes the Commission on Presidential Nominations to make an investigation regarding the presidential nominating process. Directs the Commission to report to the President and Congress respecting such investigation including recommendations for the 1984 presidential elections. Terminates the Commission 60 days after submission of such report. Sets forth the powers of such Commission, and related administrative provisions. Authorizes necessary appropriations.
United States · United States Congress · 5 January 1981
State and Local Government Fiscal Note Act of 1981 - Amends the Congressional Budget Act of 1974 to require the Director of the Congressional Budget Office to estimate the costs which would be incurred by State or local governments in complying with any bill or resolution (likely to result in annual costs greater than $200,000,000 or have exceptional fiscal consequences) and compare such estimates with any made by congressional committees or Federal agencies. Authorizes appropriations.
United States · United States Congress · 5 January 1981
GI Education Assistance Act of 1981 - Title I: New GI Education Program - Establishes an educational assistance program for veterans who entered the armed forces after December 31, 1980, served on active duty for two or more years, and were honorably discharged or discharged for hardship or a service-connected disability. Entitles eligible veterans to 27 months of assistance for the first two years of active service and one month of assistance for each additional month of service. Makes such veterans eligible for educational loans. Establishes a delimiting period of ten years after discharge or release from active duty for completing a program of education unless such period is interrupted by a physical or mental disability which prevents completion. Excludes periods of capture from the delimiting period. Directs the Administrator of Veterans' Affairs to pay each eligible, participating veteran the cost of tuition and a monthly subsistence allowance. Establishes an educational benefits program for persons serving on active duty who have completed six years of active duty. Requires such persons to participate for at least 12 consecutive months except as specified. Requires participants to agree to a monthly deduction from such person's military pay as a contribution to such program. Provides for a refund of such contributions upon disenrollment, discharge, release, or death. Authorizes the Secretary of Defense to contribute to the fund of any participant any amount necessary to encourage persons to remain in the armed forces. Entitles each participant to 36 monthly benefit payments. Sets forth the formula for computing the amount of such payments. Permits eligible veterans to transfer any educational benefits to such veterans' spouse or children. Establishes a delimiting period of ten years after discharge or release for educational assistance benefits. Requires the Administrator and the Secretary to report to the appropriate committees of Congress on their respective plans for implementing the educational assistance benefits program. Prohibits participation in both the career service person's education assistance program and other specified educational assistance after a specified time. Title II: Educational Leave of Absences for Members of the Armed Forces - Permits the Secretary to grant any eligible member a leave of absence from such member's military duties to permit such member to pursue a program of education for up to 12 months. Sets forth the impact of such leave of absence upon the payment of basic pay, determining eligibility for retirement pay, and upon time in grade for promotion purposes.
United States · United States Congress · 5 January 1981
Amends the Internal Revenue Code to allow an income tax deduction for cash and other personal property contributions to a savings account created or organized exclusively for the purpose of paying the educational expenses of the taxpayer or the taxpayer's child. Limits the amount of such deduction to $1,000 per year, adjusted for inflation. Limits eligibility for such deduction to the taxpayer and the taxpayer's child unless such child reaches age 21 by the year of contribution to the account, or is enrolled in an institution of higher education or vocational school for more than four weeks during such year. Excludes distributions from such an account from the gross income of the payee so long as such distributions are used to defray the beneficiary's tuition, fees, books and supplies, and reasonable living expenses. Specifies sanctions for the use of account funds for other than such educational purposes. Treats qualified distributions as income to the beneficiary for the taxable year in which the beneficiary attains age 25, and for each of the following nine years, in successive apportionments equal to ten percent of the total amount of such distributions. Allows a deduction for cash and other personal property contributions to a savings account created or organized for the benefit of the taxpayer (or the taxpayer and spouse if married) for the exclusive purpose of purchasing such individual's first principal residence. Limits the maximum annual deduction to $1,500 ($3,000 in the case of married individuals filing jointly), with a maximum lifetime deduction of $15,000 ($30,000 in the case of married individuals filing jointly). Provides for annual inflation adjustment of such amounts. Excludes distributions from such account from gross income so long as they are used exclusively for the purchase of a first principal residence. Provides for recapture of such distribution upon a subsequent sale of such first residence if another house is not purchased with the proceeds. Requires reduction of the $100,000 exclusion from gross income of proceeds from the sale of a principal residence by a taxpayer 55 years of age or older if such residence had been purchased with distributions from a tax-exempt housing savings account. Limits the amount of such reduction to the amount of any such distribution excluded from gross income.
United States · United States Congress · 5 January 1981
Constitutional Amendment - Limits the number of terms of office that a Member of the Senate may serve to two (maximum of 14 years) and a Member of the House of Representatives to seven (maximum of 15 years).
United States · United States Congress · 17 September 1980
Establishes the United States Holocaust Memorial Council which shall: (1) provide and encourage appropriate ways for the Nation to observe the Days of Remembrance to commemorate the holocaust; (2) plan, erect, and oversee the operation of a memorial museum to the victims of the holocaust; and (3) plan for carrying out the recommendations of the report submitted to the President on September 27, 1979, by the President's Commission on the Holocaust. Authorizes the Council to receive public land in the District of Columbia on which it may erect the memorial. Terminates the Council's authority to construct a memorial if the erection of the memorial has not commenced within five years of enactment of this Act and sufficient funds to ensure completion of the memorial have not been certified to be available. Authorizes appropriations to carry out this Act.
United States · United States Congress · 4 September 1980
State and Local Government Fiscal Note Act of 1980 - Amends the Congressional Budget Act of 1974 to require the Director of the Congressional Budget Office to estimate the costs which would be incurred by State or local governments in complying with any significant bill or resolution (likely to result in annual costs greater than $200,000,000 or have exceptional fiscal consequences) and compare such estimates with any made by congressional committees or Federal agencies. Authorizes appropriations through fiscal year 1984 for such purpose.
United States · United States Congress · 3 September 1980
Congratulates Polish workers on the successful completion of their strikes. Urges the Polish government to respect the agreement. Calls upon other nations to not interfere in Poland's internal affairs.
United States · United States Congress · 18 August 1980
Investment Tax Act of 1980 - Amends the Internal Revenue Code to allow individuals and corporations a deduction from gross income for a percentage of the cost of recovery property that is depreciable tangible property (equipment or machinery) used in a trade or business or held for the production of income, which is placed in service after December 31, 1980. Establishes four classes and recovery periods for such property: (1) Class 1, two years; (2) Class 2, four years; (3) Class 3, seven years; and (4) Class 4, ten years. Requires assignment of property to the class which has a recovery period at least 40 percent shorter than its present midpoint useful life under the Asset Depreciation Range (ADR). Permits the taxpayer to elect placement of any item of property in the class with the next longer recovery period than the class to which it would otherwise belong. Defines the recovery percentage as the percentage (100 percent, 150 percent, or 200 percent) selected by the taxpayer for a class of items, divided by the number of years in the corresponding recovery period. Requires a taxpayer to establish a recovery account for each class of recovery property. Sets forth formulae for additions to and reductions in such account. Limits the amount of a recovery deduction to the aggregate determined by applying the recovery percentage for each class of property to the balance in the recovery account for such class at the end of such year. Denies eligibility for such deduction to utility property, property subject to amortization, and property depreciable on a basis other than time. Increases from 20 percent to 30 percent the ADR variance from class life for public utility property. Revises the applicable percentage for determination of the investment tax credit to make eligible for such credit: (1) 25 percent of the basis of an asset if its useful life is between two and four years (currently, 33 1/3 percent if its useful life is between three and five years); (2) 60 percent of asset basis if its useful life is between four and seven years (currently, 66 2/3 percent if its useful life is between five and seven years); and (3) 100 percent of basis if its useful life is seven years or greater (currently, the same). Allows election of: (1) 20 year straight line depreciation, with Section 1250 recapture, for structures and structural components; and (2) 15 year straight line depreciation, with Section 1250 recapture, for low income housing. Disallows component depreciation for any taxpayer who elects either the 20 or 15 year straight line depreciation. Repeals provisions of the Code relating to: (1) amortization of real property construction period interest and taxes; and (2) additional first year depreciation allowances for small business. Allows an election to treat the first $50,000 (25,000 in the case of a married individual filing a separate return) of expenditures for depreciable equipment or machinery as currently deductible non-capital expenses. Provides for later recapture of such deductions. Limits such election to equipment or machinery placed in service after December 31, 1980. Increases from ten percent to 25 percent the rehabilitation tax credit for nonresidential structures.
United States · United States Congress · 5 August 1980
Directs the Secretary of Health and Human Services to carry out at least three demonstration projects whereby Medicare patients receiving chemotherapy may be housed in facilities other than inpatient acute care hospital facilities. States that the accessibility of such alternative facilities to such patients for both ordinary and emergency treatment shall be considered in determining the appropriateness of such alternative facilities.
United States · United States Congress · 30 July 1980
Authorizes the Community Services Administration to transfer funds from its Rural Development Loan Fund to its ongoing heat crisis program. Reimburses such Fund from specified unexpended funds appropriated for energy crisis activities. Exempts such heat crisis program funds from prohibitions against awards of such funds after June 30, 1980. Authorizes such funds to assist States which: (1) have experienced extreme heat conditions for a significant period of time; and (2) have significant numbers of low-income individuals whose health is threatened due to such heat.
United States · United States Congress · 24 July 1980
Authorizes the Director of the Community Services Administration to implement emergency heat crisis programs for low income and elderly persons during a heat crisis (as defined in this Act). States that: (1) such programs shall include payments for utility bills and cooling devices and for transportation to community shelters with adequate cooling facilities; and (2) funds may be provided only from June 1 through September 30 of any given year.
United States · United States Congress · 22 July 1980
Disapproves the President's determination transmitted to Congress on March 26, 1980 (against providing import relief for the leather wearing apparel industry).
United States · United States Congress · 2 July 1980
Magnetic Fusion Energy Engineering Act, 1980 - Declares it to be the policy of the U.S. to: (1) establish a national goal of demonstrating the engineering feasibility of magnetic fusion by the early 1990's; (2) achieve, no later than the year 1990, operation of a magnetic fusion engineering device based on the best available confinement concept; and (3) establish as a national goal the operation of a magnetic fusion demonstration plant by the year 2005. Directs the Secretary of Energy to initiate activities or accelerate existing activities in research areas in which the lack of knowledge limits magnetic fusion energy systems in order to ensure the achievement of the purposes of this Act. Directs the Secretary to: (1) maintain an aggressive plasma confinement research program on the current lead concept; (2) maintain a broadly based research program on alternate confinement concepts and advanced fuels; (3) ensure that research on properties of materials likely to be required for the construction of fusion engineering devices is adequate to provide timely information for the design of such devices; (4) initiate design activities on a fusion engineering device using the best available confinement concept to ensure operation of such device, no later than 1990; and (5) develop and test the adequacy of the engineering design components to be utilized in the fusion engineering device. Directs the Secretary to prepare a comprehensive program management plan for the conduct of the research, development, and demonstration activities under this Act. Directs the Secretary to develop a plan for the creation of a national magnetic fusion engineering center to accelerate fusion technology development via the concentration and coordination of major magnetic fusion engineering devices and associated activities at such a national center. Provides for the establishment of a technical panel on magnetic fusion of the Energy Research ADvisory Board to advise the Secretary on the conduct of the national magnetic fusion energy program. Requires the technical board to report at least annually to the Energy Research Advisory Board, and requires the Board to report to the Secretary. Requires the director of each magnetic fusion laboratory installation operated for, and funded by, the Federal Government to establish a program advisory committee solely for the purpose of advising such director. Directs the Secretary, in consultation with the Secretary of State, to actively seek to enter into or to strengthen existing international cooperative agreements in magnetic fusion research and development activities of mutual benefit to all parties. Directs the Secretary to: (1) assess the adequacy of the supply of manpower in the engineering and scientific disciplines to achieve the purposes of this Act; (2) assure the dissemination of information concerning the national magnetic fusion program; and (3) report annually to Congress concerning activities undertaken pursuant to this Act.
United States · United States Congress · 2 July 1980
Commemorates the twentieth anniversary of the Treaty of Mutual Cooperation and Security between the United States and Japan. Declares that it is in the best interest of both such countries to convene a parliamentary and scholarly conference to commemorate and evaluate such treaty. Expresses the interest of the Senate in receiving a report on such conference.
United States · United States Congress · 1 July 1980
Amends the Internal Revenue Code to allow a current investment tax credit against the alternative minimum tax to the extent that the amount of such credit is attributable to the active conduct of a trade or business.
United States · United States Congress · 30 June 1980
Amends the Internal Revenue Code to allow an income tax credit of 25 percent of the qualified research and experimental expenditures paid or incurred by a taxpayer in connection with his trade or business. Defines "qualified research and experimental expenditures" as those business-related expenditures which are currently deductible under provisions of the Internal Revenue Code, but limits the scope of such expenditures to technological research designed to develop or improve products or services. Excludes expenditures for research or experimentation in the social sciences or humanities, government-funded research, or research carried on in the taxpayer's behalf. Limits the amount of expenditures eligible for the credit to those which exceed 100 percent of the annual average of such expenditures for the immediately preceding three years. Provides for a three-year carryback and seven-year carryover of unused credits.
United States · United States Congress · 27 June 1980
Declares seven 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 · 25 June 1980
Farm Labor Contractor Registration Act Amendments of 1980 - Amends the Farm Labor Contractor Registration Act of 1963 to revise the definition of "farm labor contractor" to: (1) broaden specified exclusions from such definition (thus broadening certain exemptions from coverage under such Act); and (2) exclude from such definition (and such coverage) any nonprofit or cooperative association of farmers, growers, ranchers, duly incorporated under appropriate State laws, and operated solely for the mutual benefit of the members thereof, and any full-time or regular employee of such association or cooperative who engages in such activity solely for such employer. Adds other definitions relating to such revisions. Revises the definition of "agricultural employment" to specify that listed activities take place on a farm or ranch. Limits the definition of "migrant worker" to only those workers who cannot regularly return to their domicile each day after working hours, or who are transported from and to their domicile each workday by the person who recruits, solicits, hires, or furnishes such worker for agricultural employment on a farm or ranch owned or operated by another person.
United States · United States Congress · 25 June 1980
Tax Reduction - Job Creation Act - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce income tax rates for each category of individual taxpayers. Title II: Incentives for New Plant and Equipment - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.
United States · United States Congress · 24 June 1980
Deplores the Soviet violations with respect to Afghanistan. Joins calls for the withdrawal of Soviet troops from Afghanistan. Supports the imposition of penalties on the Soviet Union for its aggression. Urges continued action to draw attention to the Soviet violations and to prevent further Soviet incursions.
![Official portrait of Sen. Danforth, John C. [R-MO]](https://www.congress.gov/img/member/d000030_200.jpg)