United States · United States Congress · 30 October 1979
Amends the Internal Revenue Code to exclude from gross income interest received on a demand deposit with a commercial or mutual savings bank, a savings and loan association, or a credit union insured under Federal or State law. Allows the exclusion of up to $500 in interest by an individual ($1,000 in the case of a married couple filing jointly), but only to the extent that the aggregate sum of interest and dividends received by the taxpayer from all sources does not exceed $500 for an individual ($1,000 in the case of a married couple filing jointly).
United States · United States Congress · 24 October 1979
Chrysler Corporation Emergency Loan Guarantee Act - Establishes an Emergency Loan Guarantee Board composed of the Secretary of the Treasury, the Secretary of Labor, and the Secretary of Commerce. Authorizes the Board to guarantee loans made to Chrysler Corporation and to enter other appropriate contracts to carry out the provisions of this Act. Designates the Secretary of the Treasury as Chairman of the Board. Requires all decisions of the Board to be made by majority vote. Imposes the following contributions on any loan guaranteed by the Board: (1) the loan must be needed to enable Chrysler to continue operations which if curtailed would seriously and adversely affect the economic or employment situation in the United States or any of its regions; (2) Chrysler must be unable to obtain credit upon reasonable terms without such a guarantee; (3) Chrysler's prospective earning power, together with any security it pledges, must furnish reasonable assurance that the loan will be repaid; (4) the lender must certify that it would not make the loan without such a guarantee; (5) the term of the loan must not exceed ten years; and (6) the loan must bear interest at a rate determined by the Board taking into account the reduced risk afforded by the guarantee and interest rates on otherwise comparable loans. Directs the Board to collect a guarantee fee to cover the administrative expenses of the Federal Government in making a loan guarantee. Requires the Board, to the maximum extent feasible, to ensure that the Government is compensated for the risk it assumes in issuing a guarantee by collecting additional guarantee fees or by other appropriate methods. Conditions Chrysler's eligibility for loan guarantees on its establishment of an employee stock ownership plan (ESOP) which: (1) satisfies the requirements of the Internal Revenue Code of 1954; (2) acquires Chrysler equity securities, bonds, debentures, notes or other instruments evidencing an indebtedness with the proceeds of a loan guaranteed under this Act; (3) is administered by a committee representing Chrysler, its employees participating in the ESOP, the trustee of the ESOP, the Secretary of the Treasury, and the Secretary of Labor; (4) will acquire noncallable preferred Chrysler stock convertible to common by direction of the ESOP committee at its fair market value as of October 23, 1979, in an aggregate amount not less than $250,000,000 or 25 percent of the loan guarantee, whichever is greater; (5) contains an agreement by Chrysler to make annual contributions sufficient to permit the ESOP to amortize the loan made by Chrysler to the ESOP; (6) grants all participants a nonforfeitable interest in their accounts; and (7) requires an annual allocation of all securities the ESOP acquires to the accounts of each participant in substantially equal amounts. Directs the Board to make every effort to assure that guaranteed loans to Chrysler are secured by sufficient property to fully collateralize the amount of the loan guarantee. Prohibits Chrysler, while any guaranteed loan remains unpaid, from declaring any dividend on its common stock or from making payments on any other indebtedness. Permits the Board to waive such prohibitions if such action is consistent with the interests of the United States. Directs the Board to require Chrysler to make changes in its management and fiscal operations and to develop a long-range plan if the Board determines that the inability of Chrysler to obtain credit in the normal capital markets is a result of a failure on the part of management to exercise reasonable business prudence. Prohibits the Board from guaranteeing any loan until it has received Chrysler's audited financial statement and has been afforded access to Chrysler's records. Requires a lender to exhaust all of its remedies under a guarantee agreement before any payment under the guarantee of the United States becomes due. Directs the Board to assure that any loan agreement guaranteed under this Act contains the usual provisions to protect the guarantor including strictures against waiver or amendment without the consent of the Board. States that the guarantee of the United States shall be in force with respect to advances under a loan agreement only if: (1) the Board receives ten days notice in writing of the advance; (2) the lender certifies that Chrysler is not in default, except that in cases where the lender reports the circumstances of a default the Board may guarantee an advance if it is consistent with the interests of the United States; and (3) Chrysler provides the Board with a plan concerning the expenditures which will be made with the advance. Requires Chrysler to report all instances in which advances were not expended in accordance with such plan. Requires that all guarantee agreements give the Board priority interest over the lender in any collateral securing the loan and any outstanding earlier loans. States that any sums that Chrysler has on deposit with the lender which are subject to offset under the bankruptcy laws shall be considered collateral in which the Board has priority over the lender. Authorizes the Board to inspect and copy Chrysler's records. Directs the General Accounting Office to conduct an audit of Chrysler at least once a year if an application for a guarantee has been made or if a guarantee is outstanding. Requires the Office to report the results of such audits to the Board and the Congress. Sets forth the maximum obligation of the Board under all outstanding loan guarantees made under this Act. States that such assistance may be only in such amounts as provided in advance in appropriation Acts. Establishes an emergency loan guarantee fund in the Treasury to cover the expenses and obligations of the Board. Requires that all guarantee fees be deposited in such fund. Permits the Board to use any Federal Reserve bank as its fiscal agent provided the bank is reimbursed for any expenses or losses incurred acting in such capacity. Directs the Attorney General to enforce the rights of the United States as a guarantor under this Act. Requires all sums recovered by the Attorney General to be deposited in the emergency loan guarantee fund. Entitles the Board to recovery of any payments made by Chrysler or any other liable person pursuant to a guarantee agreement. Directs the Board to ensure that lenders and other persons maintain their unguaranteed financial assistance to Chrysler at the level provided from October 1, 1978, to October 31, 1979. Directs the Board to submit an annual report to the Congress on its operations. Requires the Board to submit a report to Congress within six months of the enactment of this Act which contains recommendations on the need to continue the guarantee program beyond the termination date of this Act. Terminates the authority of the Board to enter new guarantee agreements on December 31, 1983.
United States · United States Congress · 22 October 1979
Authorizes the Secretary of the Army, through the Chief of Engineers, to implement a flood control project at Sainte Genevieve, Missouri. Declares that the beneficial effects of preservation and enhancement of the national historic landmark of Sainte Genevieve meet the objectives of the Flood Control Act of 1970.
United States · United States Congress · 11 October 1979
Amends the Act incorporating the American Legion to change the dates of military or naval service applicable to membership eligibility in such organization.
United States · United States Congress · 9 October 1979
Amends the District of Columbia Self- Government and Governmental Reorganization Act to extend the interim loan authority of the Mayor of D.C. to October 1, 1980, or upon enactment of the fiscal year 1981 appropriation Act for the District of Columbia.
United States · United States Congress · 5 October 1979
Federal Firearms Law Reform Act of 1979 - Title I: Amendments to Gun Control Act - Amends the Gun Control Act of 1968 to redefine: (1) "manufacturer" to mean any person engaged in the "business of manufacturing" (instead of "manufacture" of) firearms or ammunition; and (2) "dealer" to exclude dealers in ammunition and persons engaged in the business of repairing firearms. Adds a new definition "engaged in the business" with respect to manufacturers, dealers, and importers. Includes as a manufacturer of ammunition a person whose gross sales of his own ammunition exceed $1,000 in any calendar year. Includes as a dealer in firearms a person who deals in firearms as a regular course of business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms. Replaces the current term "crime punishable by imprisonment for a term exceeding one year" with a new definition of "disabling crime." Eliminates certain activities regarding ammunition from the coverage of the current prohibitions. Revises current provisions respecting the interstate sale or transfer of firearms. Revises the current prohibition against selling a firearm or ammunition to certain persons (such as persons under indictment for a felony or addicted to drugs) to apply such prohibition only to persons convicted of a "disabling crime." Revises the current prohibition against certain persons transporting a firearm or ammunition in interstate commerce to: (1) extend such prohibition to possession or receipt in commerce or affecting commerce of any firearm or ammunition; (2) conform such prohibition to the new "disabling crime" provision; and (3) include as additional categories illegal aliens, persons dishonorably discharged from the Armed Forces, and persons who have renounced their United States citizenship. Makes the same changes to the current prohibition against certain persons who receive a firearm or ammunition which has been transported in interstate commerce, but applies such prohibition to persons who are employed by the enumerated categories of individuals. Excludes ammunition dealers from the current licensing requirements. Stipulates that the Secretary of the Treasury may revoke a license only where the holder of such license has "knowingly" violated a provision of the Act or regulation. Bars the Secretary from denying or revoking a license on the basis of violations under this Act which are alleged in criminal proceedings instituted against a licensee, where such individual is not convicted of such charges. Imposes as a condition for the inspection or examination of records or documents and any firearm or ammunition kept by an importer, manufacturer, or dealer pursuant to this Act that the Secretary has reasonable grounds to believe that a violation has occurred and that evidence may be found on the premises of such persons. Restricts the firearm information obtained from licensees which the Secretary may make available to State or local governments. Establishes a limited recordkeeping requirement for firearms collectors. Stipulates that the general penalty under this Act shall apply to whoever "willfully" violates any provision. Prohibits, with respect to a person's second or subsequent conviction for illegally using or carrying a firearm during the commission of a felony, the granting of parole before completion of the minimum sentence. Amends the forfeiture provision to subject to seizure any firearm or ammunition "involved in or used" in any violation of the Act (instead of "involved in or used or intended to be used"). Requires a court to award attorney's fees to the prevailing party (other than the United States) in an action or proceeding for the return of seized firearms or ammunition. Allows the court to award such fees in any other action upon a finding that the action was initiated in bad faith. Amends the rulemaking authority of the Secretary to provide that no regulation may require the transfer of records required under this Act to a facility owned, managed, or controlled by the United States or any State or the establishment of any system of registration of firearms, firearms owners, or firearms transactions. Requires a 90-day public comment period for proposed regulations (no period is currently specified). Allows one House of Congress to disapprove by resolution any firearms regulation within 90 days of continuous session of the promulgation of such rule. Requires that resolutions of disapproval be immediately referred to only those standing committees having legislative responsibility for this Act. Allows a sponsor of any such resolution to move to discharge from further consideration a committee which does not report out the resolution within 45 days of continuous session of Congress. States that it shall be in order to move to proceed to the consideration of the resolution any time after a committee has reported or has been discharged from further consideration. Prohibits the Secretary from prescribing any rules identical to regulations disapproved by Congress without the enactment of additional legislation respecting his authority. Prohibits the Secretary from prescribing regulations which require purchasers of black powder to complete affidavits or forms attesting to their exemption from certain provisions of the Federal criminal code. Makes any law or regulation promulgated by any State prohibiting the transfer of an unloaded and not readily accessible firearm or ammunition null and void. Title II: Amendments to title VII of the Omnibus Crime Control and Safe Streets Act of 1968 - Repeals title VII of the Omnibus Crime Control and Safe Streets Act (relating to the receipt, possession, or transportation of firearms by felons, veterans dishonorably discharged, mental incompetents, illegal aliens, and persons renouncing their United States citizenship).
United States · United States Congress · 17 September 1979
Postal Service Employees' Political Activities Act of 1979 - Declares it to be the policy of Congress to encourage employees of the United States Postal Service to exercise their rights to participate or refrain from participating in political processes. Prohibits such employees from: (1) using their official authority to influence the result of any election or the political action of any person; (2) using any information obtained through employment and not publicly available for any political purpose; (3) giving or offering to give a political contribution to any individual either to vote or refrain from voting; (4) soliciting or receiving a political contribution to vote or refrain from voting; (5) knowingly giving a political contribution to a superior; (6) knowingly soliciting or receiving a political contribution from another employee with respect to whom such employee is a superior; or (7) knowingly soliciting or receiving a political contribution in specified facilities or from any person who has or is seeking business relations with the employee's agency. Directs the Postal Service and the Postal Rate Commission to prescribe certain exemptions to such prohibitions. Prohibits employees from engaging in political activities while on duty, while wearing a uniform or official insignia identifying their position, or in designated areas. Requires a postal employee to notify his or her agency (U.S. Postal Service or the Postal Rate Commission, as applicable) upon becoming a candidate for elective office. Permits such employee to take annual leave or leave without pay to engage in activities related to his or her candidacy. Sets forth the penalties to be imposed against any employee who is found by the Merit Systems Protection Board to have violated provisions of this Act. Requires the Postal Service to study and report to Congress on the effects of this Act on the political activities of employees, the merit system, and matters generally contributing to the improper use of official authority or information by employees.
United States · United States Congress · 6 September 1979
Social Security Payroll Credit Act of 1979 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals an income tax credit equal to 20 percent of the amount of social security taxes paid by such individuals in 1980 and 1981.
United States · United States Congress · 5 September 1979
Expresses the wishes of the Senate to honor and pay tribute to Louis Clark Brock for his outstanding achievements in a long and distinguished career in major league baseball, and for his civic and social contributions to the Nation.
United States · United States Congress · 3 August 1979
Amends the Internal Revenue Code to provide that a charitable contribution deduction shall not be denied to a taxpayer solely because of any benefit or service which is provided to the taxpayer or his family by the tax-exempt organization to which he contributes, except to the extent that such benefit or service is required as a condition of the contribution.
United States · United States Congress · 3 August 1979
Designates the following lands in the Mark Twain National Forest, Missouri, as wilderness: (1) Bell Mountain Wilderness; (2) Rockpile Mountain Wilderness; (3) Piney Creek Wilderness; and (4) Devil's Backbone Wilderness. Directs the Secretary of Agriculture to file a map and legal description of each such wilderness with the appropriate congressional committees.
United States · United States Congress · 30 July 1979
State Social Security Deposit Act of 1979 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to direct a State to pay to the Secretary of the Treasury, within 30 days following the end of each month, OASDI contributions related to the employment of State employees.
United States · United States Congress · 26 July 1979
Amends the Motor Vehicle Information and Cost Savings Act to stipulate that an automobile manufacturer's failure to comply with any average fuel economy standard shall not be deemed "unlawful conduct" under such Act unless the Secretary of Transportation has determined that: (1) any credits which the manufacture may have received for exceeding such standards in any model year do not fully offset any penalty for failure to achieve such standards; and (2) the time for which such credits could be earned to offset such a penalty has expired. Allows such a credit to be used to offset any penalty which may have been assessed against the manufacturer in the three consecutive years prior to the model year in which the manufacturer exceeds such a standard.
United States · United States Congress · 21 July 1979
Urban Grant University Act of 1980 - Amends the Higher Education Act of 1965 to authorize the Commissioner of Education to make grants to urban universities (as defined by this Act) to assist them in carrying out urban-oriented projects. Sets forth grant application guidelines, including a requirement that no project grant may exceed 90 percent of such project's total cost. Stipulates that any institution receiving assistance under this Act shall be designated as an "urban grant university." Requires the Commissioner to publish annually a list of such urban grant universities. Limits the annual amount of such assistance to institutions in any one State to 15 percent of the total amount paid.
United States · United States Congress · 20 July 1979
Inspector General Amendments of 1979 - Repeals current provisions of Federal law governing the Offices of Inspector General in the Department of Energy and the Department of Health, Education, and Welfare and includes such Offices as Offices of Inspector General established pursuant to the Inspector General Act of 1978. Amends such Act to establish an Office of Inspector General in the International Development Cooperation Agency should such Agency be established prior to the effective date of this Act. Transfers to such Office the Office of Auditor General of the Agency for International Development.
United States · United States Congress · 9 July 1979
Farm Credit Act Amendments of 1979 - Title I: Federal Land Banks and Associations - Amends the Farm Credit Act of 1971 to authorize any Federal land bank, under the supervision of the Farm Credit Administration, to: (1) participate in loans with other Farm Credit System institutions (i.e., Federal land banks, Federal land bank associations, Federal intermediate credit banks, production credit associations, and banks for cooperatives); (2) participate in loans which the land banks are authorized to make with lenders which are not Farm Credit System institutions; (3) sell interests in loans to such lenders; (4) buy from and sell to Farm Credit System institutions interests in loans, other extended financial assistance, and nonvoting stock; (5) make other investments; (6) accept contributions to their capital from Federal land bank associations; (7) enter into agreements with other Farm Credit System institutions to share loan and other losses; (8) issue nonvoting stock to borrowers as a patronage refund; and (9) make or participate with other lenders in long-term real estate mortgage loans not exceeding 85 percent of the appraised value of the real estate security. Makes producers and harvesters of aquatic products eligible for Federal land bank services. Authorizes Federal land bank associations to make capital contributions to a Federal land bank. States that a member of a Federal land bank association need not make the required purchases of land stock with respect to that part of a loan derived from a lender which is not a Farm Credit System institution. Authorizes the Federal land bank associations to pay dividends on a differential basis between different classes and issues of stock and participation certificates corresponding to the value of such classes and issues to the capital or earnings of the Federal land bank in its district. Permits the Federal land bank associations to agree to share loan and other losses with other Farm Credit System institutions. Title II: Federal Intermediate Credit Banks and Production Credit Associations - Authorizes the Federal Intermediate Credit Banks, subject to the supervision of the Farm Credit Administration, to: (1) buy from and sell to Farm Credit System institutions interests in loans, other extended financial assistance and nonvoting stock; (2) make other investments; (3) agree to share loan and other losses with other Farm Credit System institutions; (4) participate with other Farm Credit System institutions in making loans; and (5) issue nonvoting stock to such institutions. Authorizes the Federal intermediate credit banks to discount for, or purchase from other financial institutions loans made to producers and harvesters of aquatic products. Permits any Federal intermediate credit bank to transfer more than 25 percent of its net earnings after expenses to its allocated reserve account (presently, not more than 25 percent of such earnings may be transferred to this account). Authorizes each production credit association, subject to the supervision of the intermediate credit bank in its district and the Farm Credit Administration, to: (1) buy from and sell to any bank in the Farm Credit System interests in loans, other financial assistance extended, and nonvoting stock; (2) participate in loans with other Farm Credit System institutions; (3) agree to share loan and other losses with other Farm Credit System Institutions; (4) issue participation certificates to eligible borrowers in lieu of nonvoting stock; and (5) issue participation certificates or nonvoting stock to any financial institution outside the Farm Credit System with which the association participates in a loan in satisfaction of the requirement that a borrower own such stock or participation certificates. Requires a borrower to own only that amount of stock or participation certificates which is proportionate to that portion of a loan retained by a production credit association when it participates with another lender in making a loan. Authorizes the production credit associations to extend loan assistance to bona fide farmers, ranchers, and producers and harvesters of aquatic products for basic processing and marketing directly related to the borrower's operations. Title III: Banks and Cooperatives - Empowers each bank for cooperatives, subject to the supervision of the Farm Credit Administration, to: (1) participate with other Farm Credit System institutions in making loans; (2) deposit its securities and current funds with any domestic or foreign financial organization (presently, such deposits must be made at a member bank in the Federal Reserve System); (3) buy and sell bankers' acceptances which are obligations of member banks in the Federal Reserve System; (4) buy and sell other obligations including those which arise in the course of transactions which the bank has assisted through loans; (5) buy from and sell to Farm Credit System institutions interests in loans, other financial assistance extended and nonvoting stock; (6) make other investments; (7) invest in foreign and domestic business entities to facilitate the obtaining of credit information and the performance of services related to international transactions; (8) maintain credit balances to assist in the transfer of funds between parties to authorized transactions; (9) agree to share loan and other losses with other Farm Credit System institutions; and (10) issue participation certificates to parties who may not be issued voting stock. Requires all participation certificates, voting and nonvoting stock issued by the banks for cooperatives to be retired at par value. Authorizes the banks for cooperatives to: (1) offer a currency exchange for eligible cooperative associations; and (2) extend loans, loan participation commitments, and other technical and financial assistance to any domestic or foreign party in which a member cooperative has an ownership interest or which engages with the cooperative in dealings in agricultural or aquatic products, farm supplies or the lease of property, provided such assistance substantially benefits the member cooperative. Enables cooperatives solely engaged in furnishing aquatic business services to borrow from the banks for cooperatives. Reduces the degree of ownership in a cooperative which must be held by farmers, producers or harvesters of aquatic products, or other cooperative associations in order to make such a cooperative eligible to borrow from a bank for cooperatives. Requires a bank for cooperatives to retire any equity held by a borrower in default or dissolution at fair market value not to exceed the par value of the equity interest of the borrower. Prohibits the retirement or cancellation of such an equity interest if the bank's capital structure would be adversely affected. Permits each bank for cooperatives to transfer more than 25 percent of its net annual savings to a surplus account. Authorizes the banks for cooperatives to pay patronage refunds to borrowers in the form of participation certificates. Title IV: Provisions Applicable to Two or More Classes of Institutions of the System - Declares that interest rates established by the Farm Credit Administration for loans made by Farm Credit System institutions shall preempt any interest rate limitation imposed by State law. States that when two or more Farm Credit System institutions participate in a loan as authorized by this Act, the terms of such loan shall be those agreed upon by the institutions. Requires that such factors as borrower eligibility, membership, term, amount, loan security and purchase of stock or participation certificates by the borrower are to be governed by the provisions of law applicable to the institution originating the loan. Exempts credit transactions of Farm Credit System institutions from the provisions of any State statute or any other law or regulation which impose, with regard to a credit transaction, any duty or requirement which had been imposed by the Truth in Lending Act before amendment. Authorizes the institutions of the Farm Credit System to organize corporations to perform non-lending functions and services which such institutions are authorized to perform. Empowers the Governor of the Farm Credit Administration to review and revise the charters of such corporations. States that such corporations shall be subject to supervision and examination by the Administration. Title V: District and Farm Credit Administration Organization - Revises the process for the election of farm credit district directors by reducing from three to two the number of nominees in the election poll. Establishes the rate of compensation for the Federal Farm Credit Board at the daily equivalent of the rate prescribed for grade GS-18 of the General Schedule. Authorizes the Board to fix the salary of the Governor of the Farm Credit Administration at any level not exceeding the maximum rate of basic pay in the Executive Schedule. Authorizes the Governor to appoint Deputy Governors to provide assistance in the functioning of the Farm Credit Administration. Exempts the Administration from provisions of Federal law relating to appointments in the competitive civil service, travel expenses, allowances, procurement, and property disposition. Credits employees of Farm Credit System institutions with specified leave and retirement benefits when they are transferred to Federal service in the Farm Credit Administration.
United States · United States Congress · 27 June 1979
Capital Cost Recovery Act of 1979 - 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 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 a taxpayer to deduct less 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 May 1979
Energy Antimonopoly Act of 1979 - Amends the Clayton Act to prohibit any entity, or subsidiary thereof, which produced or had an interest in a total of 35,000,000 barrels of crude oil, condensate, and natural gas liquids in 1975 from acquiring control or a majority of the assets of any other entity whose assets exceed $100,000,000.
United States · United States Congress · 22 May 1979
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that disability insurance benefits for an individual having a terminal illness shall begin with the first month during all of which such individual has such illness. Defines the term "terminal illness" to mean a medically determinable physical impairment which is expected to result in death within the next 12 months.
United States · United States Congress · 17 May 1979
Time-Sensitive Business Communications Act of 1979 - Permits letters of a trade or business which must be delivered within 12 hours or by noon of the next business day to be carried out of the mails whenever there is no available service of the Postal Service which assures delivery within such time at a cost equal to or lower than that for private carriage. Subjects any individual who knowingly sends letters out of the mails under this Act which are not time-sensitive to a fine not to exceed $500.
United States · United States Congress · 15 May 1979
Prohibits any amendment to a regulation promulgated by the President under the Emergency Petroleum Allocation Act of 1973 which has the effect of increasing the price of any fuel from taking effect until January 1, 1980, or the enactment of an excess profits tax, whichever first occurs.
United States · United States Congress · 15 May 1979
Oil Imports Act of 1979 - Title I: Oil Importation - Prohibits the importation of crude oil or other petroleum products into the United States unless permitted by, purchased by, or manufactured from crude oil purchased by the American Oil Import Corporation, to be established under this Act. Sets forth requirements for issuing import permits for the importation of crude oil and petroleum products. Directs the Corporation to issue permits for such imports, in cases of national emergency, to insure access by the Armed Forces of the United States to needed oil supplies. Requires that crude oil and petroleum products for the Strategic Petroleum Reserve be purchased from the Corporation. Grants to the Corporation exclusive purchasing authority for crude oil and petroleum product imports, and sets forth requirements regarding such purchasing authority. Title II: American Oil Import Corporation - Establishes a nonprofit corporation to be known as the American Oil Impact Corporation, to be managed by a Board of Directors to be appointed by the President. Establishes an Advisory Board to the Corporation, composed of officers of specified Federal agencies and departments, to meet periodically with the Directors to share information of the activities of the Corporation pertaining to the various departments and agencies represented. Sets forth the powers and duties of the Corporation and confers upon the Corporation nonprofit status. Establishes a Public Energy Fund in the Treasury of the United States into which shall be deposited revenues from activities of the Corporation. Provides that such funds, including appropriated funds as authorized by the Congress, shall be used by the Corporation for carrying out this Act. Sets forth specified reporting, recordkeeping, and audit requirements on the Corporation. Title III: Miscellaneous Provisions - Makes it a crime for any officer, employee, or person acting for or on behalf of the United States or any department or agency thereof to prematurely disclose information concerning crude oil or petroleum products required to be withheld from publication until a fixed time or to speculate directly or indirectly in any such product by buying or selling the same in quantity before such information is made public through regular official channels. Repeals the standby purchase authority of the President under the Emergency Petroleum Allocation Act of 1973.
United States · United States Congress · 14 May 1979
Waives certain requirements of the Congressional Budget Act of 1974 with respect to the consideration of S. 905 (Temporary Commission on Financial Oversight for the District of Columbia funding).
United States · United States Congress · 8 May 1979
Extends for two years the period of time after which: (1) the revenues from the postage rates of certain mail matter of nonprofit organizations which are currently provided reduced rates cannot exceed the attributable postal costs; and (2) the rates for certain commercial publications and educational materials which are currently provided reduced rates must equal full postage rates.
United States · United States Congress · 3 May 1979
Drug Regulation Reform Act of 1979 - Title I: Amendments to Federal Food, Drug, and Cosmetic Act - Amends the Federal Food, Drug, and Cosmetic Act to expand the definition of "person" subject to the coverage of the Act to include an agency of government. Establishes civil penalties for any violation of such Act and criminal penalties for negligent commission of prohibited acts. Requires any new drug to meet standards of identity, stability, and bioavailability, as well as of strength, quality, and purity. Requires drug manufacturers and distributors to prepare information labeling for patients containing: (1) a summary of the benefits and risks of use of a drug; (2) adequate directions for use; and (3) information about proper storage and handling. Requires pharmacies to keep a book available to patients containing the labeling information for the 100 most frequently sold prescription drugs. Authorizes the Secretary of Health, Education,and Welfare to require retail drug sellers to post the retail prices of designated prescription drugs. Requires manufacturers and distributors to prepare information labeling for practitioners regarding indications, contraindications, and other pertinent matters. Directs the Secretary to afford private organizations the opportunity to prepare, publish, and distribute an index of all prescription drugs and revisions thereof; and if, at the end of three years following enactment, no private index is forthcoming, to prepare one with drugs arranged by diagnostic and therapeutic categories and listed by established name. Permits the Secretary, by order, to require adequate notification to patients, practitioners, and all other necessary persons regarding any substantial risk of illness or injury posed by a drug, if such notification is an effective means to eliminate or reduce such risk. Authorizes the Secretary to disseminate information regarding the safety, effectiveness, and proper use of drugs, and to determine therapeutically equivalent or nonequivalent prescription drugs. Specifies requirements for any promotion labeling issued by or on behalf of a drug manufacturer or any other person under whose proprietary name the drug is distributed. Prohibits the provision of any services or transfer of any property worth more than $5.00 by a manufacturer or distributor with the intent to influence any specified person to buy, prescribe, or dispense one or more particular drugs. Prohibits the distribution of free samples by a manufacturer or distributor, except in specified circumstances. Prohibits any pharmacist or agent from disclosing any prescription information to any person except the patient, the practitioner, another pharmacist for purposes of filling or refilling it, or a State or Federal officer or employee under certain circumstances. Prohibits manufacturers and distributors from obtaining or attempting to obtain prescription information. Changes the ground for immediate suspension of approval of a drug application from "imminent hazard to the public health" to "unreasonable risk of illness or injury to any segment of the population." Requires clinical investigators to obtain voluntary informed consent, in writing, of all human beings, or their representatives, to whom a drug is administered in order to investigate the benefits and risks of such drug. Directs the Secretary to issue written, non-mandatory guidelines regarding protocols and methods for conducting drug investigations. Specifies factors of the health benefits versus risks analysis required for the determination of the safety of a drug. Requires the Secretary to approve the application for a drug proven safe but not proven effective if it is to be prescribed to treat a life-threatening or severely debilitating condition, there is no other effective method of treatment, and there is significant, if not substantial, scientific evidence that such drug is effective. Eliminates existing specified requirements for the certification of drugs containing insulin and antibiotic drugs. Allows the Secretary discretion to impose specified additional requirements as a condition for approval of any drug application. Authorizes the appointment of advisory committees to assist in making the determinations authorized by such Act. Authorizes the Secretary to subpoena witnesses and records in any matter relating to implementation or enforcement of such Act. Allows the manufacture for export, or export of, a drug without an export permit if it is manufactured, packaged, labeled, and distributed in compliance with specified requirements. Title II: National Center for Drug Science - Amends the Public Health Service Act to establish in the Department of Health, Education, and Welfare the National Center for Drug Science, with a Division of Policy and Research and a Division of Clinical Pharmacology and Clinical Pharmacy Training. Directs the Center to conduct an ongoing program of drug science policy research, either directly or by grant or contract, and an ongoing review and analysis of drug use in the United States which shall result in an annual Drug Experience Assessment Report. Directs the Director of the Center to make grants to schools of medicine, osteopathy, dentistry, pharmacy, podiatry, nursing and training centers for allied health professions for the expansion of existing programs and the establishment of new programs. Authorizes appropriations for demonstration projects, traineeships, and fellowships. Establishes a National Advisory Board on Drug Science to assist the Director and to review and comment on the activities of the Center. Title III: Establishment of the Food and Drug Administration - Establishes within the Department of Health, Education, and Welfare the Food and Drug Administration. Transfers to the Administration specified functions under specified Acts.
United States · United States Congress · 30 April 1979
District of Columbia Retirement Reform Act - Title I: Financing of Retirement Benefits - Establishes the District of Columbia Retirement Board to exercise exclusive authority to manage and control the funds established by this Title. Details provisions relating to the Board's composition, the election and terms of office of Board members, the procedures to be followed by the Board, and the financing of the Board's operations. Establishes the District of Columbia Policemen and Firefighters' Retirement Fund into which shall be deposited: (1) amounts withheld from the salaries of, and deposited by, members of the Metropolitan Policemen and Firemen's Retirement and Disability Act; (2) amounts appropriated to the Fund pursuant to this Act; and (3) amounts made as return on investment of the assets of the Fund. Establishes the District of Columbia Teachers' Retirement Fund into which shall be deposited; (1) amounts withheld from the salaries of, and amounts deposited by, each teacher in the public schools of the District of Columbia for such teachers' retirement account; (2) assets transferred from the District of Columbia teachers' retirement and annuity fund; (3) amounts appropriated to the Fund pursuant to this Act; and (4) amounts made as return on investment of the assets of the Fund. Establishes the District of Columbia Judges' Retirement Fund into which shall be deposited: (1) amounts withheld from the salaries of, and amounts deposited by, judges of the District of Columbia Court of Appeals and the Superior Court of the District of Columbia; (2) assets transferred from the District of Columbia Judicial Retirement and Survivors Annuity Fund; (3) amounts appropriated to the Fund pursuant to this Act; and (4) amounts made as return on investment of the assets of the Fund. Requires that the assets of each Fund established by this Act be kept separate from other monies, but not necessarily kept separate from one another if the Board determines that commingling of such assets is advisable for investment purposes. Requires the Board to maintain a cash reserve for the Funds sufficient to meet current annuity and disability benefit outlays. Prohibits the investment of assets of the funds in obligations issued or guaranteed in whole or in part by the government of the District of Columbia, the government of the Commonwealth of Virginia, the government of the State of Maryland, or the government of any political subdivision thereof, or in obligations secured by real property in the District of Columbia, Virginia, or Maryland. Directs the Board to engage an enrolled actuary to determine, in accordance with generally accepted actuarial practices, the level percentage of payroll required to be paid into the Fund, considering length of participation in the retirement program and the present value of future benefits. Sets forth formulae to determine annual Federal payments and annual District of Columbia payments to each Fund. Authorizes the appropriations of specified sums from the revenues of the United States and from amounts in the United States Treasury credited to the District of Columbia for Federal and District of Columbia contributions to each Fund. Provides for a reduction in Federal contributions to the District of Columbia Policemen and Fire Fighters' Retirement Fund, should the costs of police officers and fire fighters' disability retirement prove excessive as determined by a specified formula. Requires each member of the Board to submit detailed annual personal financial disclosure statements to the Congress and the D.C. government. Directs the Board to publish annual reports with respect to each retirement program and corresponding Fund to which this Act applies. Requires that each such report include: (1) a financial statement containing a statement of Fund assets and liabilities, a statement of charges in net assets available for benefits under the retirement program, and other specified information; (2) an opinion by an independent public accountant as to whether such financial statement is presented in conformity with generally accepted accounting principles; (3) an actuarial statement containing specified information relating to the Fund and retirement program; (4) information relating to the number of employees covered by the retirement program, persons receiving compensation from the Fund, and specified changes to the Funds' operation; and (5) a report from each insurance company or similar organization from which program benefits are purchased or which guarantees such benefit. Directs the Board to prepare summary retirement programs descriptions to be supplied to each participant in, and beneficiary under, each retirement program to which this Act applies. Requires that annual reports and copies of summary retirement program descriptions, including periodic updates containing material modification, be filed with the Mayor of the District of Columbia, the District of Columbia Council, the Speaker of the House of Representatives, and the President pro tempore of the Senate. Empowers the Mayor, the Council, or either House of Congress to reject any filing upon making specified findings. Suspends Federal contributions to any Fund with respect to which a filing is rejected or no timely filing has been made pending an acceptable filing. Requires that copies of such reports and descriptions be made available for public inspection. Designates the Board and each member of the Board fiduciaries with respect to the Funds. Authorizes the Board to designate one or more persons to exercise fiduciary responsibilities with respect to Funds established by this Act but places with the Board fiduciary responsibility for the oversight of any person so designated. Lists standards and guidelines to be followed by fiduciaries in the discharge of their duties. Specifies circumstances under which a fiduciary shall be liable for a breach of fiduciary duty by another fiduciary. Prohibits a fiduciary from causing the fund to engage in specified transactions with interested parties or with itself. Deems void any provision in an agreement instrument which purports to relieve a fiduciary of responsibility or liability. Permits the Board, fiduciaries, and groups of retirement program participants to purchase insurance to cover liability or losses arising from a breach of fiduciary duty. Prohibits any person convicted of specified crimes from serving as an administrator, fiduciary, counsel, or employee of, or as a consultant to, any Fund established by this Act within five years of any such conviction or release from imprisonment, unless the Board of Parole of the United States determines that such person's service with the Fund would not be contrary to the purposes of this Act. Requires every fiduciary of a Fund established by this Title and every person who handles its funds to be bonded except as provided in this Act. Sets forth criminal penalties for violation of fiduciary obligations. Creates civil causes of action for the benefit of specified plaintiffs to enforce the provisions of this Act. Specifies time limits within which civil action grounded on breach of fiduciary duty must be brought. Title II: Changes In Retirement Benefits - Revises the method for determining the salary base period for computation of annuities of participants in the District of Columbia Policemen and Fire Fighters' Retirement Fund. Permits any member or officer of the Metropolitan Police or Fire Department who is on approved leave without pay to serve as a full-time official of an employee organization to have such service credited towards his retirement upon meeting specific requirements. Sets forth separate procedures and standards for members of the Metropolitan Police and the Fire Department with respect to: (1) eligibility for optional retirement; (2) eligibility for disability retirement; (3) amount of disability annuities; (4) suspension of disability annuities; (5) physical examination of disability annuitants; (6) amount of survivors annuities; (7) deferred annuities; and (8) interest on refunds and on deposits for prior service credit. Authorizes cost-of-living adjustments in annuities payable from the District of Columbia Policemen and Fire Fighters' Retirement Fund. Permits the Mayor to waive collection of any overpayment to annuitant if such overpayment is less than $100. Permits the Mayor, in the case of payments due to mental incompetents or minors, to make payment to any person, who in his judgment, is responsible for the care of such claimant. Authorizes cost-of-living adjustments in annuities payable from the District of Columbia Teacher's Retirement Fund and District of Columbia Judges' Retirement Fund. Revises the means for determining eligibility for each such adjustment. Revises the amount of benefits due under a teacher's annuity in the event the named beneficiary of such annuity predeceases the annuitant. Provides for the termination of teachers' disability annuities based on excessive outside earned income.
United States · United States Congress · 10 April 1979
Amends title V of the Public Utility Regulatory Policies Act of 1978 to define additional terms used in such Act. Makes conforming and technical amendments to such Act. Provides for the reimbursement of application costs to the Secretary of the Interior by applicants for crude oil transportation systems. Removes the requirement of Presidential notification and review of proposed crude oil transportation systems. Directs the Secretary to act upon such proposals. Directs the Secretary to transmit to each Governor a copy of any environmental impact statement prepared by the Department of the Interior concerning such systems. Removes the requirement of Presidential approval or disapproval of proposed systems. Provides that actions which relate to the construction and completion of approved pipeline systems and to applications filed in connection therewith shall be taken without further action and that the actions of Federal officers shall not be subject to judicial review.
United States · United States Congress · 10 April 1979
Amends the Emergency Petroleum Allocation Act of 1973 to extend the effective period of ceiling prices established by the President and applicable to any first sale of crude oil produced in the United States. Extends the President's authority under such Act to December 31, 1982.
United States · United States Congress · 9 April 1979
Affirms that farmer cooperatives are a vital and necessary element in maintaining and promoting the family farm system of food production. States that the Department of Agriculture and all appropriate budget appropriation review groups should recognize the need to reinforce and expand programs of cooperative research, service, education, and other cooperative assistance. Declares that the Department should: (1) establish an Office of Farmer Cooperatives to coordinate such programs; and (2) take other aggressive leadership toward expanding resources for cooperative work.
United States · United States Congress · 5 April 1979
Increases from $16,000,000 to $38,000,000 the appropriation authorized for the Temporary Commission on Financial Oversight of the District of Columbia, half of which shall be from funds in the Treasury not otherwise appropriated, and half of which shall be from funds in the Treasury to the credit of the District of Columbia.
United States · United States Congress · 5 April 1979
Amends part B (Professional Standards Review) of title XI of the Social Security Act to mandate participation of nurses, dentists, psychologists and other health care practitioners in the professionals standards review process. Establishes an advisory committee to the National Professional Standards Review Council.
United States · United States Congress · 28 March 1979
Eliminates restrictions and conditions on the appointment of female pages in the Senate that require Senators to be responsible for: (1) the safe transportation of the female page between the Senate and the page's place of local abode; and (2) the safety, well- being, and strict supervision of such page while she is in her place of local abode.
United States · United States Congress · 15 March 1979
Veterans' Disability Compensation and Survivors' Benefits Act of 1979 - Title I: Veterans' Disability Compensation Benefits - Increases the rates of veterans' compensation for: (1) wartime disability compensation; (2) additional compensation for dependents; and (3) clothing allowances paid to certain disabled veterans. Title II: Survivors' Dependency and Indemnity Compensation Benefits - Increases the rates of veterans' dependency and indemnity compensation for: (1) a surviving spouse; (2) surviving children; and (3) supplemental children's benefits. Title III: Effective Date - States that the provisions of this Act shall take effect on October 1, 1979.
United States · United States Congress · 14 March 1979
Expresses the gratitude of the Senate upon the retirement of the Honorable Clarence M. Mitchell, Junior, as chief legislative spokesman for the National Association for the Advancement of Colored People, and for his contributions to the establishment of justice and equality in America.
United States · United States Congress · 13 March 1979
Terminates the Meramec Park Lake, Missouri, flood control project. Directs the Secretary of the Army, through the Chief of Engineers, to study and report to Congress concerning the manner of disposition and future utilization of the project's land and structures that best serve the public interest.
United States · United States Congress · 13 March 1979
Expresses the sense of the Senate that the President should withdraw the standby gasoline rationing plan submitted to Congress on March 1, 1979, and resubmit an amended plan to remedy interstate inequities with regard to gasoline rationing coupon distribution.
United States · United States Congress · 8 March 1979
Soft Drink Interbrand Competition Act - Declares that exclusive territorial arrangements made as a part of a licensing agreement for the manufacture, distribution, or sale of a trademarked soft drink product are lawful under the antitrust law provided such product is in substantial and effective competition with other products for the same general class in the relevant market or markets. Prohibits recovery in private actions under the Clayton Act based on territorial provisions in a trademark licensing agreement prior to a final determination that such provisions are unlawful.
United States · United States Congress · 8 March 1979
Amends the Atomic Energy Act of 1954 to direct the Chairman of the Nuclear Regulatory Commission to notify the Governor and other State officials, or the Tribal Council of any affected Indian tribe, of its intent to explore a site for a radioactive waste storage and disposal facility to be selected within such State or tribal lands. Directs the Chairman to establish a Federal and State Radioactive Materials Management Commission upon the request of such Governor or Tribal Council, to allow for State or Tribal participation and to obtain concurrence with the Department of Energy regarding site selection and construction of such facilities. Prohibits any Federal agency from proceeding with any such project without resolution of any objections of a State or Tribal Council.
United States · United States Congress · 7 March 1979
Expresses the sense of the Senate that the President should prescribe regulations for the allocation of diesel fuel and the prohibition of discriminatory pricing of such fuel.
United States · United States Congress · 5 March 1979
Product Liability Partial Self-Insurance Act - Amends the Internal Revenue Code to allow a deduction to any business enterprise engaged in the manufacture, importation, distribution, lease, or sale of any product for contributions to its product liability trust account and for amounts paid to a captive insurer (wholly or partially-owned by the taxpayer) for product liability insurance. Specifies the amount a taxpayer may deduct, based upon the ability of such taxpayer to obtain insurance through conventional channels. Disallows any deductions for product liability losses which do not exceed the sum of the total trust funds in the taxpayer's account at the beginning of the taxable year plus the amount of deductible payments made by the taxpayer to the account during such year. Imposes penalties for the improper use of product liability reserve funds. Treats amounts accumulated in the taxpayer's product liability trust account as amounts accumulated for reasonably anticipated business needs, for purposes of avoiding the accumulated earnings tax.
United States · United States Congress · 26 February 1979
Archaeological Resources Protection Act of 1979 - Authorizes the Secretary of any Department or head of any agency of the United States to issue a permit for excavation and/or removal of any archaeological resource located on land owned or controlled by the United States pursuant to regulations set forth by the Secretary of the Interior. Directs the Secretary to whom such application is made to determine that: (1) the applicant is qualified to carry out the activity; (2) the activity furthers archaeological knowledge; and (3) the resources, records, and data involved in the excavation will be preserved for a period of time by a suitable university, museum, or other scientific or educational institution. Allows the Secretary to refuse to issue a permit or suspend a permit to any applicant against whom a civil penalty has been assessed or who has been convicted of a violation of any prohibited act as set forth in this Act. Prohibits any person from: (1) injuring any such resource except to the extent necessary in connection with excavations or removal; and (2) selling, purchasing, exchanging, transporting, receiving, or possessing any archaeological resource removed from land owned or controlled by the United States in violation of any provision, rule, regulation, or permit in effect under State or local law. Sets forth the penalties for the violation of any prohibition contained in this Act. Authorizes the Secretary of the Treasury to pay an amount, not to exceed $2,500, to any person who furnishes information leading to the finding of civil violation or conviction of criminal violation of the prohibitions set forth in this Act. Subjects all archaeological resources and vehicles and equipment used in violation of this Act to forfeiture to the United States. Directs the Secretary of the Interior to study and report to Congress concerning the regulation of excavation and removal of archaeological resources from Indian lands. Specifies that information concerning the location of any archaeological resource for the excavation or removal of which a permit is required shall be confidential. Declares that nothing in this Act shall be construed to repeal, modify or interfere with the mining and mineral leasing laws of the United States.
United States · United States Congress · 26 February 1979
Medicare Home Health Amendments of 1979 - Amends title XVIII (Medicare) of the Social Security Act to remove the 100 visit limitation presently applicable to home health services under such title. Includes occupational therapy as a home health service. Permits a physician's assistant or nurse practitioner, who is supervised by a physician, to establish a plan of care for a home health patient living in a rural area. Eliminates prior hospitalization as a condition for receiving home health services. Requires home health aides to complete a training program developed by the Secretary of Health, Education, and Welfare. Requires each home health agency to submit a bimonthly bill which lists all services provided each individual receiving services from such agency. Directs the Secretary to: (1) designate regional agencies to monitor home health agency costs; (2) establish guidelines to be used in determining the reasonable cost of home health services; (3) monitor the costs of home health services; (4) report to Congress on the frequency of use of home health services by individuals eligible for Medicare benefits; and (5) establish demonstration projects to test the effectiveness of agency or multiagency utilization review committees in ensuring the medical necessity, cost efficiency, and appropriate use of home health services.
United States · United States Congress · 21 February 1979
Regulatory Reform Act - Requires the President to submit to Congress a plan recommending reforms with respect to the regulation of: (1) energy, the environment, housing, and occupational health and safety by specified Federal agencies by April 30, 1981; (2) transportation and communications by specified Federal agencies by April 30, 1983; (3) banking and finance, international trade, and Government procurement by specified Federal agencies by April 30, 1985; and (4) food, consumer health and safety, economic trade practices, and labor-management concerns by specified Federal agencies by April 30, 1987. States that each such plan shall include recommendations for reform of such specified agencies and shall report on the cumulative impact of all Government regulatory activity reviewed, up to that date, on specific industry groupings. States that if the President fails to submit such plans by the specified dates, the House Committee on Government Operations or the Senate Committee on Governmental Affairs in cooperation with the committees of Congress which have legislative jurisdiction over such areas, shall draft their own plans to be submitted to Congress for action. Requires the Comptroller General and the Congressional Budget Office, contemporaneously with the development of the President's plan, to submit a report assessing the purpose, effects, efficiency, and cost effectiveness of each agency included in the plans submitted by the President. States that if no comprehensive regulatory reform legislation is enacted by August 1 of the year following the year in which a comprehensive plan has been submitted by the President, then all agencies affected thereby shall have no authority to issue any new rules not essential for preserving the public health and safety; if such reform is not enacted by October 1 of such year, such agency shall have no authority to enforce any rule not essential for preserving the public health and safety; if no such reform is enacted by December 31 of such year, such agency shall be terminated on such date. States that all rules of such terminated agency essential for preserving the public health and safety shall remain effective and shall be enforced by the Department of Justice. Requires the President to submit subsequent plans in the manner and in the order and frequency set forth by this Act every ten years.
![Official portrait of Sen. Eagleton, Thomas F. [D-MO]](https://www.congress.gov/img/member/e000004_200.jpg)