United States · United States Congress · 17 January 1975
States that all tax returns made with respect to taxes imposed by the Internal Revenue Code are confidential records, and that, except where provided otherwise, no return shall be open to inspection nor shall information contained therein be disclosed. Authorizes inspections of returns by the following persons: (1) the taxpayer or his representative; (2) officers and employees of the Departments of Justice, the Treasury, State agencies entrusted with carrying out the income tax laws, and the Internal Revenue Service solely for administration and enforcement of the income tax laws; and (3) the President of the United States. Authorizes the disclosure of statistical information to State and Federal agencies and the Joint Committee on Internal Revenue. Imposes civil and criminal penalties for violations of this Act.
United States · United States Congress · 17 January 1975
Provides, under the Gun Control Act of 1968, for separate offense and consecutive sentencing in felonies involving the use of a firearm. States that in the case of a second or subsequent conviction under this Act, the convicted person shall be sentenced to a term of imprisonment of not less than two nor more than twenty-five years.
United States · United States Congress · 17 January 1975
Establishes a National Commission on Social Security. States that it shall be the duty and function of the Commission to conduct a continuing study, investigation, and review of: (1) the Federal old-age, survivors, and disability insurance program established by title II of the Social Security Act; and (2) the health insurance programs established by title XVIII of such Act. Provides that such study, investigation, and review of such programs shall include, but not be limited to: (1) the fiscal status of the trust funds established for the financing of such programs and the adequacy of such trust funds to meet the immediate and long-range financing needs of such programs; (2) the scope of coverage, the adequacy of benefits, and the conditions of qualification for benefits provided by such programs; (3) the impact of such programs on, and their relation to, public assistance programs, nongovernmental pension and insurance programs, other governmental retirement and annuity programs, medical service delivery systems, and national employment practices; (4) the quality of the administration of such programs; and (5) any inequities which affect substantial numbers of individuals who are insured under such programs. Directs the Commission to submit an annual report of its study, investigation, and review of programs, together with its recommendations with respect to such programs, to the President and the Congress. Authorizes appropriations of such sums as are necessary to carry out the purposes of this Act.
United States · United States Congress · 17 January 1975
Places the jurisdiction of energy research matters and of the Energy Research and Development Administration under the Senate Committee on Aeronautical and Space Sciences.
United States · United States Congress · 16 January 1975
Requires the President and the Vice President, each Member of the Senate and the House of Representatives (including Resident Commissioners and Delegates), candidates for such offices, each civil or military officer of the executive branch of any department or agency thereof, each judge or justice of a court of the United States, and each employee of the legislative, executive, or judicial branch of the Government of the United States or any department or agency thereof who is compensated at a rate in excess of $25,000 per year to file annually with the Comptroller General a financial report. Requires such report to contain a full and complete statement of: (1) the amount and source of each item of income, each item of reimbursement for any expenditure, and each gift or aggregate of gifts from one source which exceeds $100 in amount or value; (2) the value of each asset held by him, or by him and his spouse jointly, and the amount of each liability owned by him, or by him and his spouse jointly, as of the close of the preceding calendar year; (3) all dealings in securities or commodities by him, or by him and his spouse jointly, or by any person acting on his behalf or pursuant to his direction during the preceding calendar year; and (4) all purchases and sales of real property or any interest therein by him, or by him and his spouse jointly, or by any person acting on his behalf or pursuant to his direction, during the preceding calendar year. Provides that all reports filed under this Act shall be maintained by the Comptroller General as public records which, under such reasonable regulations as he shall prescribe, shall be available for inspection by members of the public. Sets forth penalties for violations of the provisions of this Act.
United States · United States Congress · 16 January 1975
Provides, under title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act, that the amount of an individual's earnings shall, for purposes of the provisions thereof requiring deductions from benefits on account of excess earnings, be deemed to be reduced by an amount equal to the expenses paid by him during the taxable year for medical care for himself.
United States · United States Congress · 16 January 1975
Natural Gas Priority Act - Directs the Federal Power Commission, for one year following enactment of this Act, to prohibit any interruption or curtailment of natural gas and to take such other steps as are necessary to assure as soon as possible the availability in interstate commerce of sufficient quantities of natural gas for use as a raw material feedstock or process fuel in the production of fertilizer, animal feed grade chemicals, and essential agricultural chemicals. Provides for direct Commission authority over agricultural requirements for natural gas.
United States · United States Congress · 16 January 1975
Directs the Secretary of the Interior to conduct a study of the suitability and feasibility of designating the Vietnam Veterans Chapel, Eagle Nest, New Mexico, as a national memorial to the Vietnam veterans, within the National Park System. Authorizes the appropriation of such sums as are necessary for such purpose.
United States · United States Congress · 16 January 1975
Net Worth Disclosure Act - Requires the President, the Vice President, each Member of the Senate, each Member of the House of Representatives (including Delegates and the Resident Commissioner from Puerto Rico), and each officer and employee of the United States within the executive and legislative branches of Government receiving compensation at an annual rate in excess of $30,000 to file annually with the Comptroller General of the United States a full and complete statement of net worth. Provides that such statement shall consist of: (1) a list of the identity and value of each asset held by him, or jointly by him and his spouse or by him and his child or children, and which has a fair market value in excess of $1,500 as of the end of the calendar year prior to that in which he is required to file a report under this Act; and (2) a list of the identity and amount of each liability owed by him, or jointly by him and his spouse or by him and his child or children, and which is in excess of $1,500 as of the end of the calendar year prior to that in which he is required to file a report under this Act. Provides penalties for violations of the provisions of this Act.
United States · United States Congress · 16 January 1975
Allows an income tax credit under the Internal Revenue Code for 25 percent of the expenses incurred (1) in improving the thermal design of a taxpayer's principal residence; or (2) in purchasing specified energy conserving devices incident to the purchase of the taxpayer's principal residence. Permits the taxpayer to elect to deduct the above expenses in an amount not to exceed $4000.
United States · United States Congress · 16 January 1975
Expresses the finding of Congress and makes it the policy of the United States to continue experimentation with satellite systems for the remote sensing of the Earth's resources, through January 1, 1980, unless a permanent operational system is established. Directs the President to: (1) take all practical steps to continue the availability of data on the satellite systems; (2) foster improvements in them; and (3) promote their widest possible use and understanding. Requires the President to transmit to Congress not later than April 15, 1975, a report containing recommendations for proposed actions to be taken to carry out the policy set forth in this Act and such revisions in the budget proposed by fiscal 1976 as the President deems necessary to do so. Requires the President to submit each year prior to 1980, as part of the Aeronautics and Space Report, a description of activities and evaluation of progress under this Act, and an evaluation of the desirability of establishing a permanent Earth resources satellite system.
United States · United States Congress · 16 January 1975
Provides, under the Standing Rules of the Senate, that conference committee meetings shall be open to the public except when the managers of either the Senate or the House of Representatives determine by a rollcall vote that all or part of a meeting shall be closed to the public. Provides that this provision will not become effecitve until a similar rule is adopted by the House of Representatives.
United States · United States Congress · 15 January 1975
Provides that a married individual who files a separate return shall be taxed on his or her earned income at the same rate as an unmarried individual under the Internal Revenue Code.
United States · United States Congress · 15 January 1975
Government in the Sunshine Act - Title I: Congressional Procedures - Requires each meeting of each standing, select, or special committee or subcommittee of the Senate and House of Representatives, including meetings to conduct hearings, to be open to the public. Provides that a portion or portions of such meetings may be closed to the public if the committee or subcommittee determines by vote of a majority of a quorum of the members present that the matters to be discussed or the testimony to be taken: (1) will disclose matters necessary to be kept secret in the interests of national defense or the confidential conduct of the foreign policy of the United States; (2) will relate solely to matters of committee staff personnel or internal staff management; or (3) will tend to charge with crime or misconduct, or to disgrace any individual, or will represent a clearly unwarranted invasion of the privacy of any individual (unless it relates to any government officer or employee with respect to his official duties or employment); (4) will disclose information pertaining to any investigation conducted for law enforcement purposes, with specified limitations; or (5) will disclose information relating to the trade secrets or financial or commercial information pertaining specifically to a given person. Directs each standing, select, or special committee or subcommittee of the Senate and House of Representatives to make a public announcement of the date, place, and subject matter of each meeting at least one week before such meeting unless the committee or subcommittee determines by a vote of the majority of a quorum that committee business requires that such meeting be called at an earlier date, in which case the committee shall make public announcement of the date, place and subject matter of such meeting at the earliest practicable opportunity. Provides that a complete transcript shall be made of each meeting of each standing, select, or special committee or subcommittee. Provides that a copy of each such transcript shall be made available for public inspection within seven days and additional copies shall be furnished to any person at the actual cost of duplication. Provides that all the aforegoing requirements and exceptions applicable to the meetings of the committees and subcommittees of the House and Senate shall also be applicable to each meeting of a committee of conference. Establishes procedures to review and reverse any committee and subcommittee vote to close a meeting to the public or to delete from the publicly available copy a portion of a meeting transcript. Title II: Agency Procedures - Requires all meetings of any Federal agency to be open to the public unless a majority of the entire membership of an agency determines the meeting: (1) will disclose matters necessary to be kept secret in the interests of national defense or the confidential conduct of the foreign policy of the United States; (2) will relate solely to individual agency personnel or to internal agency office management and administration or financial auditing; (3) will tend to charge with crime or misconduct, or to disgrace, any person, or will represent a clearly unwarranted invasion of the privacy of any individual (unless it relates to any government officer or employee with respect to his official duties or employment); (4) will disclose information pertaining to any investigation conducted for law enforcement purposes, with specified limitations; or (5) will disclose information relating to the trade secrets or financial or commercial information pertaining specifically to a given person. Directs each agency to make public announcement of the date, place, and subject matter of each meeting (whether open or closed to the public) at least one week before each meeting unless the agency determines by a vote of the majority of its members that agency business requires that such meetings be called at an earlier date, in which case the agency shall make public announcement of the date, place, and subject matter of such meeting at the earliest practicable opportunity. Provides that a complete transcript, including a list of all persons attending and their affilations, shall be made of each meeting of each agency (whether open or closed to the public). Provides that a copy of each such meeting shall be made available to the public for inspection, and additional copies of any transcript shall be furnished to any person at the actual cost of duplication. Requires each agency to promulgate regulations to implement the requirements of this title. States that any citizen or person resident in the United States may bring a proceeding in the United States Court of Appeals for the District of Columbia Circuit: (1) to require an agency to promulgate such regulations if such agency has not done so within the time period specified herein; or (2) to set aside agency regulations that are not in accord with the requirements of this title and to require the promulgation of regulations that are in accord with such requirements. Gives the district courts of the United States jurisdiction to enforce the requirements of this title by declaratory judgment, injunctive relief, or otherwise. Provides that such actions shall be brought in the district wherein the plaintiff resides, or has his principal place of business, or where the agency in question has its headquarters. Sets forth provisions governing ex parte communications in agency proceedings.
United States · United States Congress · 15 January 1975
States that in order to prevent the introduction and spread of diseases and parasites harmful to honeybees, and the introduction of genetically undesirable germ plasma of honeybees, the importation into the United States of all honeybees is prohibited, except that honeybees may be inported into the United States by the United States Department of Agriculture for experimental or scientific purposes, or from countries determined by the Secretary of Agriculture. Authorizes the Secretary of Agriculture to cooperate with the Governments of Canada, Mexico, Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, and Columbia, or the local authorities thereof, in carrying out necessary research, surveys, and control operations in those countries in connection with the eradication, suppression, control, and prevention or retardation of the spread of undesirable species and subspecies of honeybees. Authorizes appropriations of such sums as are necessary to carry out the purposes of this Act.
United States · United States Congress · 15 January 1975
Provides for the referral, under title XVI of the Social Security Act (Supplemental Security Income for the Aged, Blind, and Disabled) for appropriate services provided by other State agencies, of blind or disabled children who are receiving supplemental security income benefits.
United States · United States Congress · 15 January 1975
Inflationary Impact Statement Act - Requires the Congressional Budget Office to supply the Congress with an estimate of the impact on the aggregate rate of inflation and the cost of particular goods and services, for five fiscal years, of any legislation which is reported by Senate and House of Representatives committees for further congressional consideration.
United States · United States Congress · 15 January 1975
State and Local Fiscal Assistance Act - Repeals the provision of the State and Local Fiscal Assistance Act of 1972 which limits units of local government to use funds received under such Act only for priority expenditures. Authorizes the appropriation to the State and Local Government Fiscal Assistance Trust Fund of $6,650,000,000 for fiscal year 1977, and of $1,7000,000,000 for the period beginning July 1, 1977, and ending September 30, 1977. Authorizes appropriations based upon the Federal adjusted gross income to such Fund for the fiscal years beginning after September 30, 1977. Defines the term Federal adjusted gross income for purposes of such Act. Removes the penalty payment provision under the Act which requires units of local governments to pay over to the Secretary of the Treasury amounts equal to 110 percent of amounts expended out of their trust funds in violation of the provisions of such Act. Extends entitlement periods under such Act to the period beginning July 1, 1977, and ending September 30, 1977, and the one-year periods beginning October 1, 1977 and all subsequent years.
United States · United States Congress · 14 December 1974
Motor Vehicle Fuel Economy Act - Expresses the findings of Congress and declares the purposes of this Act, including: to encourage the manufacture of automobiles which reduce the amount of fuel consumed per mile traveled without reducing safety, damageability, or environmental standards. Defines the terms used in this Act. Directs the Secretary of the Department of Transportation to prescribe such minimum average fuel economy standards for any class or classes of new motor vehicles or new motor vehicle engines as in his judgment are necessary to assure the efficient utilization of fuels by such motor vehicles or engines. Sets forth the objectives of and the factors to be taken into consideration in such regulations. States that regulations shall be applicable to new light-duty motor vehicles manufactured during model year 1977 and thereafter, and with respect to model year 1977 shall be promulgated not later than two hundred and seventy days after the date of enactment of this Act. Provides that in order to determine whether new vehicles or new engines conform with regulations pursuant to this Act, the Secretary is authorized to test or require testing by such manufacturers. Empowers the Secretary and the Administrator of the Environmental Protection Agency to require manufacturers of new vehicles and engines to submit information and data as to sales and fuel economy and such other information that as may be required to ascertain compliance with the requirements of this Act. Requires manufacturers to: (1) warrant to the ultimate purchaser and each subsequent purchaser that the new motor vehicle or motor vehicle engine is designed, built, and equipped so as to conform to the regulations for its useful life; and (2) to affix on each new motor vehicle subject to regulation under this Act a label indicating the fuel economy as determined through testing required by or performed under this Act or under title II of the Clean Air Act, and such other fuel economy information as the Secretary may require. Provides that whenever the Secretary determines that new motor vehicles fail or will fail to achieve the fuel economy reported by the manufacturer or that the sales for any subclass or model are or will be substantially different than those reported by the manufacturer he shall inform the manufacturer of such determination and shall recommend corrective action to achieve the established standards. States that if the manufacturer fails to take corrective action within the time required, as determined in a proceeding, the Secretary may order the curtailment or suspension of sales of any models manufactured by such manufacturer. Makes technical and conforming amendments to the Clear Air Act.
United States · United States Congress · 14 December 1974
Expresses the Senate disapproval of the proposed deferral of budget authority to carry out the comprehensive planning grants program under section 701 of the Housing Act of 1954 (numbered D75-107), set forth in the special message transmitted by the President to the Congress on November 26, 1974, under section 1013 of the Impoundment Control Act of 1974.
United States · United States Congress · 12 December 1974
States that it is the purpose of this Act to provide emergency financial assistance to stimulate, maintain, or expand job-creating activities in areas suffering from unusually high unemployment. Directs the Secretary of Commerce, in consultation with the heads of Federal departments and agencies, to review proposed expenditures authorized by Federal law to identify programs having the potential to stimulate job creation in eligible areas. Defines an "eligible area" as one of 6.5 percent unemployment prior to the month the designation is made, and specifies the items to be given priority consideration by the Secretary in making the allocations authorized by this Act. Authorizes to be appropriated $1,000,000,000 for fiscal years 1975 and 1976 to carry out the provisions of this Act.
United States · United States Congress · 4 December 1974
Establishes an Office of Intergovernmental Economic Policy Coordination within the Department of the Treasury to coordinate with State, county, and local governments the formulation of economic policy. Directs the Advisory Commission on Intergovernmental Relations to conduct a study to determine what changes should be made in Federal government structure to assure meaningfull participation of State, county, and local governments in (1) economic policy formulation and (2) energy policy formulation. Authorizes to be appropriated sums necessary to carry out the provisions of this Act.
United States · United States Congress · 4 December 1974
National Center for Productivity and Economic Competition Act - Title I: General Provisions - States that it is the purpose of this Act to consolidate in one governmental unit the responsibility to: (1) establish a national policy for short-term and long-term productivity growth and work quality in the United States; (2) correct those public and private structural imbalances which impede productivity, growth, improved work quality, and the effective performance of society and the economy; (3) identify ways and means for more effective collaborative joint efforts by labor and industry to effect growth in productivity and improved work quality; (4) identify, encourage, and support development and implementation of all useful technologies, systems, incentives, methods, and techniques for enhancing growth of productivity and improving work quality in the public and private sectors of the United States; (5) maximize the contributions of the Federal Government to productivity growth and improved work quality in both the private and public sector, including the Federal Establishment; and (6) increase public understanding of productivity and work quality, the ways in which productivity and work quality can be improved, and the urgency of such improvement in all sectors of the economy. Title II: National Center for Productivity and Economic Competition - Establishes as an independent establishment of the executive branch the National Center for Productivity and Work Quality to be under the general direction of a board of directors of specified membership. Specifies the functions of the Center consonant with the purposes of this Act. Authorizes the Executive Director of the Center to enter into contracts, without regard to Federal procurement statutes, for research and demonstration programs or projects to effectuate the achievement of the purposes of this Act. Specifies limitations to be placed on the authority to make grants and contracts under this Act. Title III: Miscellaneous Provisions - Provides that the duties, functions, and personnel of the National Commission on Productivity and Work Quality are transferred to the Center, and the Commission is abolished. Authorizes to be appropriated to carry out the purposes of this Act specified sums for fiscal years 1975 through 1979.
United States · United States Congress · 25 November 1974
Authorizes coverage of emergency inpatient hospital services furnished outisde the United States to individuals insured for hospital benefits under the Medicare program of the Social Security Act.
United States · United States Congress · 16 October 1974
Authorizes the Administrator of the National Aeronautics and Space Administration to make a grant for the construction of facilities for the International Space Hall of Fame in Alamogords, New Mexico. Authorizes appropriations of up to $7,040,000 to carry out the provisions of this resolution.
United States · United States Congress · 11 October 1974
Extends until December 1, 1975, the time for submission of two studies (on: (1) the interrelationship of benefit programs for the elderly; and (2) the impact of taxes on the elderly), with recommendations, to the Congress by the Federal Council on Aging, as required under the Older Americans Act. (Amends P. L. 93-29).
United States · United States Congress · 10 October 1974
National Productivity Act - Title I: Statement of Findings and Purpose - Declares the purposes of this Act, including: (1) to establish a national policy which will encourage productivity growth consistent with economic needs and the needs to protect the environment and the work force; and (2) to establish a National Productivity Center within the Department of Commerce. Provides that it is the continuing responsibility of the Federal Government to use all practicable means, consistent with other essential considerations of national policy, to and coordinate Federal plans, functions, programs, and resources to the end that the Nation may assure for all Americans a sound and productive economy, and meet other specified national objectives. Title II: Cooperation of Agencies; Reports; Availability of Information; Recommendations; International and National Coordination of Efforts - States that Congress directs that, to the extent possible, the policies, regulations, and public laws of the United States shall be interpreted and administered in accordance with the policies set forth in the Act. Directs all agencies of the Federal Government to perform enumerated productivity functions, including to: (1) use a systematic, interdisciplinary approach to insure the integrated use of the natural and social sciences, engineering disciplines, safety and environmental design arts in planning and decisionmaking which may have an impact on productivity; (2) include in every recommendation or report on proposals for legislation, in every major program recommendation contained in the President's budget and other major Federal actions significantly affecting productivity, a detailed statement by the responsible official on impacts on productivity; (3) study alternatives to courses of action in any proposal which involves unresolved conflicts concerning the impact on productivity of proposed actions; and (4) generate and use productivity information in the planning and development of projects and programs to enhance internal productivity. Title III: Directs the President to transmit annually to the Congress beginning July 1, 1975, a productivity report setting forth specified information, including: (1) the status and condition of the major factors affecting productivity; (2) current and forseeable trends in the quality, quantity, management, and use of these elements; and (3) the adequacy of the productive base of the Nation for fulfilling the economic requirements of the Nation in the light of anticipated growth and available resources. Establishes within the Department of Commerce the National Productivity Center. Authorizes the Center to perform enumerated functions, including: (1) to make grants to conduct research on projects pertaining to the purposes described in this title, including the development of new or improved methods, techniques, systems, equipment, and devices to improve and stimulate productivity growth; (2) to make continuing studies and to establish with the National Science Foundation programs of research to develop new or improved methods to stimulate productivity growth; (3) to make recommendations for action which can be taken by Federal, State, and local governments, industry, labor, and other private organizations and persons to improve and stimulate productivity growth; (4) to conduct special workshops and other forums for the presentation and dissemination of information resulting from research and special projects authorized by this title; and (5) to carry out a program of collection and dissemination of information obtained by the Center or other Federal agencies, public agencies, institutions of higher education, or private organizations engaged in projects under this title, including information related to new or improved methods, techniques, systems, equipment, and devices to improve and stimulate productivity growth. Provides that grants authorized may be up to 100 percent of the total cost of each project for which such grant is made. States that funds available for grants in each fiscal year shall be allocated by the Center in accord with percentage formulas. Defines a State Productivity Center as an agency established or designated by a State for the purposes of establishing productivity centers, carrying out plans, demonstrations, programs, projects, and technical assistance consistent with the purposes, policies, and goals of this Act. Authorizes appropriations of such sums as are necessary to carry out the purposes of this Act, but such sums in the aggregate shall not exceed $10,000,000 for fiscal year 1975; $20,000,000 for fiscal year 1976; and $25,000,000 for fiscal year 1977. Title IV: National Productivity Award, Appropriations - States that the President may award, and present in the name of Congress, an award of appropriate design, which shall be known as the National Productivity Award, to any public or private organization, governmental unit, or individual, which in its performance, has distinguished itself by exceptional efforts and contributions to the growth of the Nation's productivity.
United States · United States Congress · 9 October 1974
Expresses the sense of the Senate that: (1) the President should utilize every available means and opportunity to insure the meaningful participation of State and local governments in the development of all major programs and policies of the Federal Government, and in particular those programs and policies designed to combat inflation; and (2) the President should insure that in every major Federal department and agency there is a focal point for State and local government involvement at a high level. States that Congress, particularly in the consideration of proposed legislation having direct or indirect impact on units of State and local government, establish and promote mechanisms to afford said State and local governments the opportunity to participate in the Federal legislative process.
United States · United States Congress · 7 October 1974
Allows, under the Internal Revenue Code, a tax credit of one-third or up to $260 for interest on savings received from a financial institution; or allows a tax exclusion of up to $1000 for dividends or interest on savings deposits or withdrawable savings received by individuals whose tax rate is 49 percent or less.
United States · United States Congress · 1 October 1974
Provides that a Federal employee is entitled to a civil service annuity if he (1) is separated from the service after completing 20 years of service, (2) was employed in the Bureau of Indian Affairs or the Indian Health Service continuously from June 17, 1974, to the date of his separation, and (3) is not an Indian entitled to a preference under any provision of law granting a preference to Indians in promotions and other personnel actions.
United States · United States Congress · 30 September 1974
Net Worth Disclosure Act - Requires the President, the Vice President, each Member of the Senate, each Member of the House of Representatives (including Delegates and the Resident Commissioner from Puerto Rico), and each officer and employee of the United States within the executive and legislative branches of Government receiving compensation at an annual rate in excess of $30,000 to file annually with the Comptroller General of the United States a full and complete statement of net worth. Provides that such statement shall consist of: (1) a list of the identity and value of each asset held by him, or jointly by him and his spouse or by him and his child or children, and which has a fair market value in excess of $1,500 as of the end of the calendar year prior to that in which he is required to file a report under this Act; and (2) a list of the identity and amount of each liability owed by him, or jointly by him and his spouse or by him and his child or children, and which is in excess of $1,500 as of the end of the calendar year prior to that in which he is required to file a report under this Act. Provides penalties for violations of the provisions of this Act.
United States · United States Congress · 25 September 1974
Expresses the sense of the Senate that the well-being of the world and all of its people is gravely threatened by exorbitant or rigged foreign oil prices. States that it is further the sense of the Senate that Congress and the American people support President Ford and Secretary Kissinger in their call to the Organization of Petroleum Exporting Countries to lower the price of petroleum.
United States · United States Congress · 19 September 1974
Excludes from gross income, under the Internal Revenue Code, the interest or dividends on an amount of savings not in excess of $20,000 in a bank, savings institution, or credit union.
United States · United States Congress · 19 September 1974
Joint Committee on Intelligance Oversight Act - Establishes a Joint Committee on Intelligence Oversight, specifying the composition of such Committee and enumerating its duties, including to conduct a continuing study of the activites of the Central Intelligence Agency, the Federal Bureau of Investigation, the Secret Service, and other specified agencies of the Federal Government. States that no funds may be appropriated for the purpose of carrying out any intelligence or surveillance activity unless such funds have been specifically authorized by legislation enacted after this Act. Sets forth the administrative powers of the Committee, the procedures for classification of information, and the recordkeeping requirements.
United States · United States Congress · 10 September 1974
Home Purchase Assistance Act - Requires that whenever the Secretary of Housing and Urban Development determines that a substantial number of families are unable to obtain mortgage credit at reasonable rates due to high interest rates or reduced availability of mortgage credit and that the inability to obtain such credit is causing or threatening to cause a significant reduction in the volume of home construction or acquisition and thereby adversely affect the economy and delay the orderly achievement of the national housing goals contained in title XVI of the Housing and Urban Development Act of 1968, the Secretary shall direct the Government National Mortgage Association to begin making commitments to purchase mortgages in accordance with the provisions of this Act. Establishes within the Association a housing trust fund which shall be used to carry out such purposes. Provides that mortgages may be purchased under this Act only if: (1) such mortgage was executed to finance the acquisition of the principal residence of the mortgagor; and (2) such mortgage involves the acquisition or construction of a residential dwelling at a cost which does not exceed $30,000 (or such greater amount, but not to exceed $45,000 as may be necessary to meet the need for mortgage credit in high cost areas). States that the Association shall not permit the aggregate outstanding amount of mortgages held by the fund under this section to increase by more than $10,000,000,000 in any single fiscal year. Requires that 50 percent of the aggregate principal amount of home mortgages purchased under this Act in any fiscal year shall involve residences upon which construction has been completed within 12 months preceding the date of purchase.
United States · United States Congress · 22 August 1974
Foreign Investment Review Act - Directs the Secretary of Commerce to establish procedures which require maintenance of records and submission of reports by foreign investors who acquire specified interests in domestic businesses and property. Sets forth what information must be kept and submitted by such investors, including country with which affiliated and extent of ownership in domestic businesses. Requires that such information shall be made public by the Secretary. Grants powers to the Secretary to enable him to collect such information. Establishes penalties for violations of this Act, including injunctive remedies. Establishes the Foreign Investment Review Administration in the Commerce Department to carry out the provisions of this Act. Authorizes the appropriation of necessary sums to carry out this Act.
United States · United States Congress · 21 August 1974
Extends coverage, under the supplementary medical insurance benefits program established by title XVIII (Medicare) of the Social Security Act, for one routine physical checkup, including diagnostic tests, each year and for preventive and maintenance care for individuals insured under such program.
United States · United States Congress · 20 August 1974
Provides, under title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act, that the amount of an individual's earnings shall, for purposes of the provisions thereof requiring deductions from benefits on account of excess earnings, be deemed to be reduced by an amount equal to the expenses paid by him during the taxable year for medical care for himself.
United States · United States Congress · 15 August 1974
Supplemental Security Income Amendments - Provides, for purposes of determining benefits under the supplemental security income provisions of the Social Security Act, that individuals in residential institutions which charge more than the basic benefits allowable but which waive such excess shall not have any amount greater than such excess counted as unearned income. Excludes from the computed income of such individuals one-half of the unearned income received as support in cash or kind. Requires the establishment of criteria for determining presumptive disability under such program. Sets forth increased amounts which may be paid as cash advances to persons in an emergency who are initially applying for supplemental security income benefits. Requires administrative coordination of such benefits program with other assistance programs. Removes the requirement defining "household" under the Food Stamp Act that household members be related. Includes, in such definition, specified alcoholics, addicts, and elderly residents of federally subsidized housing. Places households where someone receives supplemental security income within the food stamp eligibility requirements of non-public assistance households. Removes the third-party payee requirements of the supplemental security income provisions where direct payment would be therapeutic to the recipient. Requires action within 30 days upon applications for such income benefits. Allows a hearing to the aged, blind, and disabled who are denied social services.
United States · United States Congress · 15 August 1974
Expresses the findings of Congress, including that Federal information reporting requirements have placed an unprecedented paperwork burden upon private citizens, recipients of Federal assistance, businesses, governmental contractors, and State and local governments. Establishes a Commission on Federal Paperwork to study procedures and practices of the Federal Government relating to information gathering, dissemination, and the management and control of information activities. Enumerates the areas to be considered by the Commission in its studies. Directs the Commission to make a final report to the Congress and the President within two years of the date of its first meeting. Sets forth the membership composition of the Commission and their compensation. Details the administrative powers of the Commission. Calls for cooperation between Federal agencies and the Commission. Authorizes to be appropriated to the Commission such sums as may be necessary to carry out the provisions of this Act.
United States · United States Congress · 13 August 1974
Allows as a tax deduction, under the Internal Revenue Code, the sum of the amounts paid by the taxpayer during the taxable year to an eligible educational institution for: (1) tuition and fees required for the attendance of the taxpayer, his spouse, or a dependent; (2) fees required for courses of instruction in which the taxpayer, his spouse, or a dependent is enrolled. Sets limitations on such deduction, including that: (1) no deduction shall be allowed unless the individual is a full-time student above the secondary level at an eligible educational institution; (2) the deduction shall be allowed for amounts only to the extent that such amounts do not exceed $2,000; and (3) no deduction shall be allowed for amounts paid for tuition and fees for the spouse of the taxpayer unless the taxpayer is entitled to an exemption for his spouse or the taxpayer files a joint return. Provides that no deduction shall be allowed for any amount paid for any personal or living expense. States that the amount of the deduction shall be reduced by the amount by which the adjusted gross income of the taxpayer, and his spouse, if any, for such year exceeds $23,500. Takes into account specified scholarships and veterans benefits in calculating the deduction amounts. Defines the terms used in this Act.
United States · United States Congress · 12 August 1974
Requires, under title XVI of the Social Security Act, that the value of maintenance and support furnished an individual or his eligible spouse by a nonprofit retirement home be excluded from income for the purpose of determining eligibility for supplemental security income benefits under such Act.
United States · United States Congress · 31 July 1974
Terminates, under the National Traffic and Motor Vehicle Safety Act of 1966, those requirements pertaining to seatbelt standards which require the vehicle to be equipped with any starter interlock system, or any buzzer light, or other warning system.
![Official portrait of Sen. Domenici, Pete V. [R-NM]](https://www.congress.gov/img/member/d000407_200.jpg)