United States · United States Congress · 23 July 1986
National Oil Security Act of 1986 - Directs the President to establish a national oil import ceiling level beyond which foreign crude and oil product imports as a share of U.S. oil consumption shall not rise. Prohibits such ceiling level from exceeding 50 percent of U.S. crude and oil product consumption for any annual period. Requires the President to: (1) annually submit projections to the Congress regarding anticipated U.S. oil production, demand, and imports for the subsequent three years; (2) certify whether imports of crude oil and oil products will exceed domestic production; and (3) submit an Energy Production and Oil Security Policy to the Congress to prevent foreign oil dependence from exceeding the national oil import ceiling for any year in which foreign oil imports are projected to exceed such amount. Grants the Congress ten continuous session days to review such oil projections and to determine whether the ceiling level will be violated within three years. Authorizes the President's energy plan to include: (1) an oil import fee; (2) energy conservation actions; (3) expansion of the Strategic Petroleum Reserves; and (4) production incentives for domestic oil and gas.
United States · United States Congress · 21 July 1986
Anti-Mercantilism Trade Act of 1986 - Amends the Trade Act of 1974 to declare unjustifiable (and therefore actionable under such Act) those foreign acts, policies, or practices: (1) which require a state trading enterprise to compete in international trade with U.S. firms or make purchases or sales in international trade on any basis that is not dependent on commercial considerations; (2) through which a foreign country exercises its authority in order to assist a state trading enterprise in competing in international trade with U.S. firms or making purchases or sales in international trade on any basis that is not dependent on commercial considerations; or (3) which fails to afford U.S. firms adequate opportunity to compete for participation in purchases from, or sales to, state trading enterprise. Defines a state trading enterprise as: (1) a foreign agency which makes purchases in international trade for any purpose other than use of such purchases by such agency or which sells goods or services in international trade; or (2) any business which is substantially owned or controlled by a foreign country or agency, which is granted special privileges by such foreign country or agency, and which makes international trade purchases for any purpose other than use of such purchases by such foreign country or agency or sells goods or services in international trade. Authorizes any person to request, by petition, the International Trade Commission (ITC) to investigate sales by state trading enterprises. Requires such petition to allege that: (1) sales by a state trading enterprise are conducted without depending on commercial considerations; (2) a foreign country has exercised its authority, influence, or power to promote such sales; and (3) the effect or tendency of such sales is to injure substantially an efficient U.S. industry, to prevent the establishment of such an industry in the United States, or to restrain or monopolize trade and commerce in the United States. Sets forth the timetable and standards for completing such investigation. Requires the ITC to issue an order limiting the quantity of imports of an article produced by a state trading enterprise if the allegations contained in the petition are found to be true. Authorizes the ITC, in lieu of imposing such limitation, to issue an order directing the state trading enterprise to stop conducting sales on bases that are not dependent on commercial considerations. Establishes penalties for violating such orders. Sets forth the duration of such orders. Provides for judicial review of such orders. Requires the Secretary of the Treasury to issue import licenses in carrying out any import limitation ordered by the ITC. Requires the Secretary of the Treasury to auction such import licenses to the highest bidder at a public auction. Requires the President, before entering into trade negotiations with a foreign country and before any foreign country accedes to a multinational trade agreement to which the United States is a party, to determine: (1) whether state trading enterprises account for a significant share of the country's exports or of the country's goods that compete with imports; and (2) whether such state trading enterprises unduly burden and restrict or adversely affect U.S. foreign trade or the U.S. economy or are likely to result in such a burden, restriction, or effect. Authorizes the President, if both such determinations are affirmative, to enter into an agreement with such country or instrumentality only if the agreement provides that such state trading enterprises: (1) will make both purchases which are not for use of such country and sales in international trade in accordance with commercial considerations; and (2) will afford U.S. firms adequate opportunity to compete for participation in such purchases or sales. Provides that if both such determinations are affirmative: (1) the President shall reserve the right to withhold extension between the United States and such foreign country of such agreement; and (2) such trade agreement shall not apply between the United States and such foreign country until the foreign country makes certain assurances about the use of state trading enterprises.
United States · United States Congress · 21 July 1986
Authorizes the States to raise the speed limit up to 65 miles per hour on highways on the Interstate System which are located outside of an urbanized area of 50,000 population or more.
United States · United States Congress · 17 July 1986
Ratifies and affirms as law the report issued by the Directors of the Congressional Budget Office and the Office of Management and Budget on January 15, 1986, setting forth FY 1986 budget cuts pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
United States · United States Congress · 26 June 1986
National Clearinghouse for the Homeless Act of 1986 - Establishes in the Department of Health and Human Services a National Clearinghouse for the Homeless. Sets forth such Clearinghouse's functions, including: (1) coordination and review of Federal programs for the homeless, including homeless mentally ill persons; (2) interagency agreement monitoring; (3) data base development and information dissemination; (4) development of a national toll-free telephone line; (5) assistance to State and local entities; (6) development of demonstration projects; and (7) facilities acquisition. Directs such Clearinghouse to: (1) conduct an annual national study to determine the number of homeless persons and collect other related information; (2) provide information-gathering technical assistance to States and local governments; and (3) prepare and transmit an annual report to the President, the Congress, and the Advisory Council on Federal, State, and local programs for the homeless. Establishes an Advisory Council to the National Clearinghouse for the Homeless. Requires an annual report to the President, the Congress, the Clearinghouse, and the Secretary of Health and Human Services. Authorizes FY 1987 through 1989 appropriations.
United States · United States Congress · 26 June 1986
Expresses the sense of the Congress that the President and the Secretary of State should insist at the Vienna Review Meeting of the Conference on Security and Cooperation in Europe, and in discussions with Communist Party and Soviet leaders, that imprisoned and exiled members of the Ukrainian and other Helsinki Monitoring Groups be released and allowed to emigrate to the countries of their choice. Expresses the sense of the Congress that: (1) the Secretary of State should ensure that the U.S. consulate in Kiev reports on Soviet human rights violations in the Ukraine; and (2) such information should be included in reports on compliance with the Helsinki Final Act.
United States · United States Congress · 25 June 1986
Declares that all Federal rights, title, and interests to the surface and mineral estates in specified lands (located in New Mexico) of the Department of the Interior are to be held in trust by the United States for the Pueblo of Zia Indians. Requires all gross receipts (including, but not limited to, bonuses, rents, and royalties) that are derived by the United States with respect to such lands to be administered in accordance with the laws relating to trust property. Exempts such receipts from: (1) Federal, State, and local taxation; and (2) being considered income or resources to recipients for purposes of taxation or income or resources with respect to eligibility for assistance (including under the Social Security Act). Requires all applications for mineral leases involving such lands pending on the date of enactment of this Act to be rejected and advance payments returned to the applicants. Provides that nothing in this Act shall: (1) deprive any person (other than the United States) of any lease, right-of-way, mining claim, grazing permit, water right, or other interest in such lands before enactment of this Act; (2) affect a specified right-of-way; or (3) affect specified mineral leases.
United States · United States Congress · 23 June 1986
White House Conference on Small Business Authorization Act - Calls upon the President to conduct a National White House Conference on Small Business once every four years to: (1) increase public awareness of the contributions of small business; (2) identify small business problems; (3) examine the status of minority and women small business owners; (4) assist small business in carrying out its role as the nation's job creator; (5) develop specific recommendations for executive and legislative action; and (6) review the status of recommendations adopted at the Conferences. Authorizes and directs Federal departments, agencies, and instrumentalities to provide support and assistance to the planning of such Conferences. Requires a final report of the Conference, within six months from the date a Conference is convened, to be submitted to the President and the Congress. Requires the Small Business Administration to report annually to the Congress for the next three years following the submission of the final report of the Conference. Authorizes appropriations.
United States · United States Congress · 10 June 1986
Uniformed and Overseas Citizens Absentee Voting Act - Requires States to provide by law for elections for Federal office: (1) absentee registration and absentee voting for uniformed services voters and overseas voters; and (2) the use of alternative write-in absentee ballots by overseas voters when State absentee ballots are not available. Directs the President to designate the head of an executive department to have primary responsibility for the administrative functions of this Act, including: (1) prescribing an official postcard form containing a voter registration and an absentee ballot application; (2) prescribing an alternative write-in ballot for overseas voters; (3) prescribing forms and designs for balloting materials; (4) distributing election materials; (5) reporting to the Congress in the year immediately following a presidential election year on its effectiveness; and (6) consulting State and local election officials in carrying out this Act. Provides for the distribution of official postcards. Sets forth recommendations to the States in carrying out provisions of this Act. Provides for Federal and State write-in absentee ballots for overseas voters. Declares balloting materials under this Act free of postage. Establishes criminal and civil penalties for violations of this Act.
United States · United States Congress · 4 June 1986
Expresses the sense of the Senate that the 50-year-old tax exemption of the 84 nonprofit, community-based Blue Cross and Blue Shield Plans be retained without modification.
United States · United States Congress · 21 May 1986
Declares that all U.S. rights, title, and interests in the mineral estate of specified lands in New Mexico are to be held in trust by the United States for the benefit of the Pueblo of Santa Ana tribe. Waives any claims the United States may have against such tribe, including claims for trespass, arising out of the removal by the tribe of minerals in such lands. Retains an easement to the United States to operate the Jemez Canyon Dam. Authorizes the University of New Mexico to convey specified lands in New Mexico to the United States to be held in trust for the benefit of the Pueblo of Santa Ana. Dissolves the restriction that such lands shall be used for archeological purposes. Authorizes the Pueblo of Santa Ana to convey specified lands in New Mexico to the University of New Mexico. Requires the Secretary of the Interior to publish in the Federal Register the legal descriptions of such lands. Provides that nothing in this Act shall deprive any person (other than the United States) of any existing: (1) right of use or title or right of access to public domain over trust lands mentioned in this Act; and (2) mineral leases in such trust lands. Exempts all receipts derived from the trust lands from: (1) Federal, State, and local taxation; and (2) being considered as income or resources for purposes of eligibility for assistance under Federal assistance programs (including the Social Security Act).
United States · United States Congress · 15 May 1986
Commends Major General William C. Lee for his long, faithful, and outstanding military service to our Nation. Designates June 6, 1986, as William C. Lee Day.
United States · United States Congress · 14 May 1986
Cost-of-Living-Adjustment-Reform Act of 1986 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to replace the requirement that there be at least a three-percent rise in the Consumer Price Index before a cost-of-living adjustment of benefits is made with a requirement that such an adjustment be made whenever the cost of living increase is greater than zero.
United States · United States Congress · 14 May 1986
Expresses the sense of the Congress that the Farm Credit System should take specified actions to assist borrowers, including: (1) participating to the maximum extent possible with the Farmers Home Administration and other Government guarantee programs to provide 1986 operating loans; (2) following policies of reasonable loan forbearance; (3) using loan restructuring; (4) emphasizing loan servicing approaches that help borrowers meet the conditions of their loan contracts; (5) resorting to foreclosure only when there is no alternative or when the associated costs would be less than loan restructuring; (6) providing defaulting borrowers with the opportunity to bid on foreclosed property; and (7) maintaining sound institutional credit policies.
United States · United States Congress · 10 April 1986
Amends the Food Security Act of 1985 to direct the Secretary of Agriculture to make required red meat purchases in proportion to the number of dairy cattle slaughtered in each disposal period under the milk production termination program (program). Provides that if such purchases are inadequate to offset the amount of meat being marketed under the program, the Secretary shall decrease meat imports, or increase purchases and exports. Directs the Secretary to ensure the orderly marketing of such dairy cattle consistent with historical beef and dairy marketing patterns.
United States · United States Congress · 9 April 1986
Recognizes the Ireland Fund for its laudable charitable achievements, and its founder, Dr. Anthony J.F. O'Reilly, for the humane work he has inspired on behalf of the people of Ireland.
United States · United States Congress · 26 March 1986
Expresses the sense of the Senate, and instructs its committees and conferees, that the Senate: (1) will not approve any provisions relating to tax-exempt bonds in H.R. 3838 or similar legislation that will adversely affect the ability of States and their political subdivisions to finance infrastructure needs; (2) will retain incentives in the capital formation provisions of any tax reform legislation to encourage private investment in public infrastructure; and (3) will not approve any tax reform provisions that would adversely affect the tax-exempt status of bonds or other obligations of the States or their political subdivisions which comply with current law and which are issued prior to either January 1, 1987, or any later date provided in enacted law.
United States · United States Congress · 24 March 1986
Sets forth the concurrent resolution on the budget for FY 1987 and the appropriate budgetary levels for FY 1988 and 1989. Recommends levels of Federal revenues of $647,700,000,000 for FY 1987, $703,900,000,000 for FY 1988, and $754,400,000,000 for FY 1989. Sets the amounts by which the aggregate levels of Federal revenues should be increased at $18,700,000,000 for FY 1987, $26,800,000,000 for FY 1988, and $28,800,000,000 for FY 1989. Sets the amounts for Federal Insurance Contributions Act revenues for hospital insurance within the recommended levels of Federal revenues at $55,500,000,000 for FY 1987, $59,800,000,000 for FY 1988, and $63,800,000,000 for FY 1989. Sets the appropriate levels of total new budget authority at $882,900,000,000 for FY 1987, $927,000,000,000 for FY 1988, and $956,400,000,000 for FY 1989. States that the appropriate levels of total budget outlays are $809,000,000,000 for FY 1987, $847,300,000,000 for FY 1988, and $869,200,000,000 for FY 1989. Sets the amounts of the deficits in the budget which are appropriate in light of economic conditions and all other relevant factors at $161,300,000,000 for FY 1987, $143,400,000,000 for FY 1988, and $114,800,000,000 for FY 1989. States that appropriate levels of the public debt are $2,323,100,000,000 for FY 1987, $2,523,000,000,000 for FY 1988, and $2,697,700,000,000 for FY 1989 and the amounts by which the statutory limits on such debt should be accordingly increased at $216,900,000,000 for FY 1987, $199,900,000,000 for FY 1988, and $174,700,000,000 for FY 1989. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $34,700,000,000 for new direct loan obligations, $86,400,000,000 for new primary loan guarantee commitments, and $55,200,000,000 for new secondary loan guarantee commitments for FY 1987; (2) $32,300,000,000 for new direct loan obligations, $88,500,000,000 for new primary loan guarantee commitments, and $55,200,000,000 for new secondary loan guarantee commitments for FY 1988; and (3) $30,200,000,000 for new direct loan obligations, $89,000,000,000 for new primary loan guarantee commitments, and $55,200,000,000 for new secondary loan guarantee commitments for FY 1989. Sets forth the levels of Federal revenues, total new budget authority, and total budget outlays, and the amounts by which the total budget outlays exceed the corresponding Federal revenues, for FY 1987 through 1989 for purposes of determining whether the maximum deficit amount for a fiscal year has been exceeded in accordance with the Congressional Budget and Impoundment Control Act of 1974 as amended by the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Provides that such levels and amounts shall be considered to be mathematically consistent with the other amounts and levels set forth in this concurrent resolution. Sets forth the levels of budget authority, budget outlays, new direct loan obligations, and new loan guarantee commitments for each major functional category for FY 1987 through 1989. Requires certain congressional committees to report changes in laws within their jurisdictions sufficient to reduce budget authority and outlays, increase contributions, increase revenues, reduce direct loan obligations, or reduce primary loan guarantee commitments by certain amounts, as specified, in FY 1987 through 1989. Directs such committees, by May 15, 1986, to submit their recommendations to the Committees on the Budget of their respective Houses. Directs the Budget Committees to report a reconciliation bill or resolution carrying out all such recommendations without any substantive revision. Requires the allocation of budget authority and outlays to the Senate Committees on Appropriations and Finance, in addition to the amounts provided for in this Act, upon the enactment of legislation authorizing, and increasing revenues for, up to a specified amount for funding an extension of General Revenue Sharing in FY 1987.
United States · United States Congress · 19 March 1986
Employment Opportunities for Disabled Americans Act - Makes permanent provisions which provide benefits under title XVI (Supplemental Security Income) of the Social Security Act for individuals who perform substantial gainful activity despite a severe medical impairment. Removes SSI limitations for the first two months of an individual's stay in a health facility if such individual was eligible for the benefits made permanent by this Act during the month preceding admission to the facility. Requires the district offices of the Social Security Administration to each designate a staff member to implement the program providing benefits to individuals who perform substantial gainful activity despite severe medical impairment. Revises the eligibility requirements for such benefits. Directs the Secretary of Health and Human Services to establish and implement procedures which provide that whenever an individual is formally notified of his or her SSI eligibility, such individual will also be notified of the availability of assistance under title XIX (Medicaid) of such Act. Directs the Secretary, when any individual receives SSI benefits on the basis of a disability, to notify such individual of his or her potential eligibility for the SSI benefits available for those performing substantial gainful activity despite a severe medical impairment. Directs the Comptroller General to conduct a study of the operation of the SSI section which provides benefits for individuals who perform substantial gainful activity despite a severe medical impairment, with the particular objective of evaluating the work incentive provisions of such section. Requires the Comptroller General to report to the Congress the findings of such study. Provides that when an individual becomes ineligible for SSI benefits upon entitlement to child's insurance benefits under title II (Old Age, Survivors and Disability Insurance) of the Act, such individual shall be treated for Medicaid purposes as continuing to receive SSI benefits so long as he or she would otherwise be eligible for such benefits. Authorizes the Secretary to conduct demonstration projects designed to assess the advantages and disadvantages of various work incentive programs under the OASDI and SSI programs. Sets forth reporting requirements.
United States · United States Congress · 10 March 1986
Tax-Exempt Bond Reform Act of 1986 - Amends the Internal Revenue Code to replace the term "industrial development bonds" with the new term "quasi-governmental bonds." Defines "quasi-governmental bond" as any obligation: (1) which is issued as part of an issue more than 25 percent of the net proceeds of which are to be used directly or indirectly in any trade or business carried on by any person other than a governmental unit; and (2) the payment of the principal or interest on which is, to the extent of more than 25 percent, secured by an interest in property used or to be used in a trade or business or in payments with respect of property, or to be derived from payments in respect of property, or borrowed money, used or to be used in trade or business. Sets forth rules concerning the use of proceeds in ways which will not be considered to be used in a trade or business carried on by other than a governmental unit. Provides that an issue of obligations will not be treated as quasi-governmental bonds if 95 percent or more of the proceeds are to be used to provide projects for residential rental or limited-equity cooperative property if certain conditions are satisfied. Provides that certain issues will not be treated as quasi-governmental bonds if 95 percent or more of the net proceeds of the issue are used for certain specified activities. Provides that when 95 percent or more of the net proceeds of an industrial park or small issue are used for such purposes, then the bonds are tax-exempt. Repeals the termination date for the small issue industrial development bond exemption. Sets forth the definition of "principal user" for purposes of certain facilities. Provides that obligations where 95 percent of the proceeds are to be used by nonprofit organizations in activities which do not constitute unrelated trade or businesses shall not be treated as quasi-governmental bonds. Provides that qualified mortgage bonds, qualified veterans' mortgage bonds, qualified student loan bonds, and qualified tax-increment bonds will not be treated as quasi-governmental bonds. Modifies the requirements with respect to tax-exempt bonds used for low-income housing involving residential or limited-equity cooperative property. Makes other modifications with respect to quasi-governmental bonds. Modifies the definition of "arbitrage bond" for purposes of determining the tax-exemption for such bonds. Repeals the exception for obligations used for educational institutions. Makes modifications in certain special rules relating to arbitrage bonds. Provides that certain irrigation dams shall be treated as air or water pollution control facilities if certain conditions are met for purposes of quasi-governmental bonds. Makes modifications with respect to qualified scholarship funding bonds, federally guaranteed obligations, and qualified steam generating or alcohol producing facilities. Provides that an obligation is federally guaranteed if more than five percent of the net proceeds of such issue is used to make loans guaranteed by the Federal Government or invested in federally insured deposits. Requires public approval for quasi-governmental bonds. Requires certain informational reporting to the Secretary of the Treasury with respect to quasi-governmental bonds. Substitutes the term "quasi-governmental" for the term "private activity". Increases the dollar amount of the State ceiling on quasi-governmental bonds to $225 multiplied by the State's population or $260,000,000. Provides special rules for allocating the volume cap with respect to States with constitutional home rule cities. Modifies the refunding rules with respect to student loan bonds, qualified mortgage bonds, and qualified veterans' mortgage bonds. Substitutes the term "private loan bonds" for the term "consumer loan bonds." Requires that more than five percent of the net proceeds of the issue must be used for certain purposes in order to be classified as private loan bonds. Makes various modifications in the definition and requirements for qualified student loan bonds and tax-increment bonds. Provides that the tax-exempt status of an obligation issued for the purpose of the advance refunding of a tax-exempt obligation or quasi-governmental bonds will not be allowed unless certain conditions are satisfied. Provides rules for the change in use or ownership of facilities financed by certain tax-exempt obligations. Defines "net proceeds" to mean the proceeds of an issue reduced by insurance costs and a reasonably required reserve and replacement fund. Makes certain changes in the provisions concerning the mortgage credit certificate program. Directs the Secretary of the Treasury to amend the regulations relating to the arbitrage requirements to eliminate the provision which permits a higher yield on purpose obligations if the issuer elects to waive the benefits of the temporary period provisions. Provides a penalty for failure to file certain reports on compliance with the qualified residential project rules. Makes certain technical and conforming amendments to the Internal Revenue Code and to the securities laws. Provides that, generally, the effective date for these provisions will apply to obligations issued after the date of enactment of this Act. Sets forth other effective dates for specific provisions. Provides that tax-exempt financing of low income housing, or of water, sewer, and solid waste facilities will not effect the depreciation of such property. Prohibits the deduction of interest expenses of financial institutions allocable to tax-exempt securities. Sets forth the formula for making such allocation. Provides that a certain percentage of tax-exempt interest received by an insurance company shall be subtracted from the amount of losses incurred by the company in calculating taxable income. Provides that an individual is not required to report on tax returns either the tax-exempt interest received or the receipt of State and local tax payments.
United States · United States Congress · 26 February 1986
Provides that Federal tax reform legislation based on the President's tax reform proposal submitted to the Congress on May 29, 1985, shall not take effect before January 1, 1987.
United States · United States Congress · 18 February 1986
Expresses the sense of the Senate that: (1) America's interests are best served in the Philippines by a government which has a popular mandate; and (2) the February 7, 1986, elections in the Philippines were marked by widespread fraud. Requests the President to convey such concern to President Marcos and Corazon Aquino.
United States · United States Congress · 6 February 1986
Expresses disapproval of the refusal of the Soviet Union to recognize the sovereignty of the Baltic Republics. Designates the 14th day of June 1986 as Baltic Freedom Day. Authorizes and requests the President to submit the issue of Baltic self-determination to the United Nations.
United States · United States Congress · 31 January 1986
Authorizes the Senate Committee on the Budget, from March 1, 1986, through February 28, 1987, to: (1) make expenditures from the contingent fund; (2) employ personnel; (3) utilize, on a reimbursable basis, the services of department or agency personnel; and (4) procure consultant services.
United States · United States Congress · 23 January 1986
Expresses disapproval of the refusal of the Soviet Union to recognize the sovereignty of the Baltic Republics. Designates the 14th day of June 1986 as Baltic Freedom Day. Authorizes and requests the President to submit the issue of Baltic self-determination to the United Nations.