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Official portrait of Sen. Garn, E. J. (Jake) [R-UT]

Sen. Garn, E. J. (Jake) [R-UT]

United States · Official source

Records

2,259 records where Sen. Garn, E. J. (Jake) [R-UT] is listed as a sponsor, author, or other actor. Search with topics and years

Law· SS. 2597 (98th)enacted

An original bill to authorize the awarding of special congressional gold medals to the daughter of Harry S Truman, to Lady Bird Johnson, and to Elie Wiesel.

United States · United States Congress · 25 April 1984

Authorizes the President, on behalf of Congress, to present gold medals to: (1) Margaret Truman Daniel, daughter of Harry S. Truman, in recognition of the lifetime of public service he gave to the United States; (2) Lady Bird Johnson, in recognition of her humanitarian efforts and contributions to the improvement and beautification of America; and (3) Elie Wiesel, in recognition of his humanitarian efforts and contributions to world literature and human rights. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of such medals. Authorizes appropriations.

Bill· SS. 2522 (98th)open

A bill to permit credit unions to take action to strengthen the National Credit Union Share Insurance Fund, to change the tax status of the Central Liquidity Facility, and to eliminate fees for payroll deductions.

United States · United States Congress · 2 April 1984

Amends the Federal Credit Union Act to require an application for Federal share insurance to include an agreement by the applicant to pay to and maintain a deposit with the National Credit Union Share Insurance Fund. Requires each insured credit union to include in its certified statement to the National Credit Union Administration Board the amount of its deposit, or adjustment thereof, to the Fund for that year. Requires each insured credit union to pay to and maintain with the Fund a deposit in an amount equaling one percent of the credit union's insured shares. Requires the Board, each year, to return to credit unions on a pro rata basis all funds not required to maintain the equity in the Fund at normal operating levels. Repeals the provision of such Act which authorizes the Board to assess a special premium charge. Provides for penalties against a credit union for: (1) failure to include the amount of deposit in the certified statement; (2) failure to pay the deposit; and (3) payment of dividends when in default on payment of the deposit. Requires that the information on the one percent deposit be included in a credit union's records. Permits the Board to prescribe the dates of the insurance year. Increases the normal operating level of the Fund from one percent of all insured shares to 1.3 percent. Prohibits premiums from being assessed on amounts in any account in excess of the insured account limit. Requires the Board to report annually to specified congressional committees with respect to the operating level of the Fund. Requires the deposit collected by the Board to be deposited in the Fund. Requires a credit union to maintain its deposit in the Fund during the one year period following termination of insurance. Permits, upon mutual consent of the Board and the credit union, account insurance to cease immediately upon the effective date of comparable insurance from another source. Exempts the Central Liquidity Facility, its franchise, activities, capital reserves, surplus, and income from all Federal, State, and local taxation, other than real property taxes. Makes such exemption retroactive to October 1, 1979. Eliminates fees for the processing of up to three allotment checks per pay day for Federal civilian employees.

Bill· SS. 2487 (98th)open

White House Conference on Small Business Authorization Act

United States · United States Congress · 28 March 1984

White House Conference on Small Business Authorization Act - Calls upon the President to conduct a National White House Conference on Small Business, not earlier than January 1, 1985, and not later than September 1, 1986, 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 Conference. Authorizes and directs Federal departments, agencies, and instrumentalities to provide support and assistance to the planning of such conference. Requires a final report of the Conference, within six months from the date such 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.

Bill· SS. 2471 (98th)open

Utah Federal and State Land Management Improvement Act of 1984

United States · United States Congress · 22 March 1984

Utah Federal and State Land Management Improvement Act of 1984 - Conveys specified Federal land to the State of Utah. Specifies conditions of such conveyance. Exempts such conveyance from title II of the Federal Land Policy and Management Act of 1976. Includes in each conveyance under this Act the entire surface and subsurface estate. Prohibits the conveyance of oil or gas interests which are subject to lease during the calendar year 1984. Directs the Secretary of the Interior, within five years, to seek a unitization agreement for specified areas with the State of Utah regarding oil and gas resource management. Requires such agreement to distribute revenues from oil and gas lease production to the State and the United States, respectively. Maintains the rights and privileges of permits and leases for domestic livestock grazing on lands affected by the exchanges under this Act. Requires the State and the United States to assume each other's rights and duties under grazing leases and permits as existed prior to the land exchanges under this Act. Prescribes guidelines to protect valid existing claims for metalliferous minerals on exchanged lands. Extinguishes any claim which is converted under State law to a preferential, noncompetitive mineral lease, sale permit or other disposition. Authorizes the State to select Federal lands of approximately equal value elsewhere in the State if the State's title to exchanged lands is encumbered for more than 20 years after enactment of this Act. Requires the Secretary to place into a separate account in the Treasury all royalties and revenues derived from metalliferous mineral leases on lands acquired from the State. Restricts the use of such account to claim administration under Federal mining laws on lands acquired by the State under this Act. Directs the State to assume all Federal rights and responsibilities concerning Federal mineral leases on lands conveyed to it. Makes all payments formerly due to the United States payable to the State. Requires the State and Federal government, respectively, to assume all of each other's rights and responsibilities regarding nonmetalliferous leases and contracts on exchanged lands. Conveys existing water rights and special use agreements with the conveyed lands. Provides for payments by the United States in lieu of taxes on State lands acquired under this Act. Amends the Utah Enabling Act to provide that lands granted for the support of common schools may be used by the State at less than fair market value for public purposes by State and local agencies. Authorizes appropriations.

Bill· SS. 2436 (98th)open

A bill to authorize appropriations of funds for activities of the Corporation for Public Broadcasting, and for other purposes.

United States · United States Congress · 19 March 1984

Amends the Communications Act of 1934 to authorize appropriations for: (1) FY 1985 through 1987 to be used by the Secretary of Commerce to assist in the planning and construction of public telecommunications facilities; and (2) FY 1987 through 1989 for the Public Broadcasting Fund used by the Corporation for Public Broadcasting.

Bill· SS. 2380 (98th)open

Fair Trade in Steel Act of 1984

United States · United States Congress · 1 March 1984

Fair Trade in Steel Act of 1984 - Declares that it is the policy of Congress that access to the U.S. market for foreign-produced carbon, alloy, and specialty steel mill products should be on an equitable basis to safeguard national security, insure orderly trade in steel mill products, reduce unfair trade in steel mill products, and alleviate U.S. balance-of-payments problems. Expresses the intent of Congress to: (1) expand the economic viability of the U.S. steel industry and the jobs of its workers; (2) prevent the further decline of the domestic steel industry; and (3) temper the economic hardships resulting from unemployment in steel industry communities by encouraging reinvestment in existing steelmaking facilities. Limits annual imports of specified steel mill product categories to specified percentages of the apparent domestic supply which are based on adjusted average import penetration levels for each such product category for the years 1979, 1980, and 1981. Directs the Secretary of Commerce to allocate global product limitations among foreign countries, groups of countries, or areas. Sets forth guidelines for making such allocations. Requires the Secretary to make an annual determination of the expected apparent domestic supply in each steel mill product category. Requires the Secretary to revise such determination periodically during the year. Directs the Secretary to determine, within 90 days of enactment of this Act, whether the steel industry companies have plans to use substantially all of the cash flow from the steel sector for reinvestment in and the modernization of the steel sector. Suspends the import restrictions until the Secretary determines that the steel companies have such plans. Directs the Secretary to monitor steel sector investments made and announced by the steel industry and to consult with steel industry representatives and employees in the course of such monitoring. Directs the Secretary to determine annually whether steel companies are using substantially all the cash flow from the steel sector for reinvestment in and modernization of the steel sector. Directs the Secretary to modify or suspend the relevant import restrictions if the Secretary determines that substantially less than all the cash flow from the steel sector is being used for such reinvestment and modernization and that the level of investment is not demonstrably justified by adverse financial conditions within the industry. Directs the Secretary to publish: (1) each annual determination and its rationale; and (2) the total amount of cash flow from the steel sector and the total amount used for reinvestment in and modernization of the steel sector. Requires the Secretary's annual determination to include an evaluation of the steel industry's progress toward fulfillment of the reinvestment and modernization plans. Directs the Secretary to examine the supply and demand situation in the United States for a specified steel product category if reguested by affected steel consumers. Sets forth criteria to be used in determining short supply. Directs the Secretary to monitor imports of fabricated steel mill products. Sets forth the method of investigating whether imports of fabricated steel products are rendering ineffective or materially interfering with the objectives of this Act. Limits the quantity of iron ore that may be entered from all sources during any calendar year after the effective date of this Act. Directs the Secretary to allocate global iron ore limitations among foreign countries, groups of countries or areas. Sets forth guidelines for making such allocation. Directs the Secretary, in making such allocations, to attempt first to accommodate the requirements of individual steel mills which have been traditionally dependent on ocean sourced foreign iron ore and the requirements of contractual obligations incurred before January 1, 1984. Authorizes the Secretary to waive the import restrictions on iron are if necessary to meet the needs of such individual steel mills. Provides for the enforcement and implementation of this Act.

Bill· SS. 2378 (98th)referred

Impact Aid Authorization Act of 1984

United States · United States Congress · 29 February 1984

Impact Aid Authorization Act of 1984 - Amends the Omnibus Budget Reconciliation Act of 1981 to authorize appropriations through FY 1989 for the impact aid program for federally affected schools. Increases the authority for reimbursements to eligible local educational agencies for revenues lost from federally owned, nontaxable property. Requires the Secretary of Education, not later than November 15, of each year, to publish the percentage change in the price index published for October of the preceding fiscal year and October of the fiscal year in which such publication is made. Bases the amount authorized for such impact aid programs on such percentage change. Limits such percentage change to no more than five percent. Repeals the three-year phaseout of impact aid to federally affected schools whose students' parents either live or work on Federal property. Authorizes appropriations for such impact aid through FY 1989.

Bill· SS. 2336 (98th)open

An original bill to permit price differences with respect to credit card sales transactions.

United States · United States Congress · 23 February 1984

Amends the Truth in Lending Act to prohibit issuers of credit cards from prohibiting a seller from charging different prices to induce a cardholder to pay by cash, check, or other means not involving the use of a credit card. Exempts differences in price offered by a seller from disclosure as a finance charge if the following requirements are met: (1) the price difference does not exceed five percent of the cash price of the property or service; (2) the same difference is available to all cash customers or is applicable to all credit card customers using the same card; and (3) the price difference is clearly and conspicuously disclosed at the seller's place of business and in any advertisement that includes a price. States that if such requirements are not met the entire difference is a finance charge. Declares that a card issuer other than the seller is not required to treat a price difference offered by the seller as a finance charge even though such requirements are not met. Provides that price differences that meet such requirements will not be a charge for credit under State usury laws or any State laws relating to disclosure of information in connection with credit transactions.

Bill· SS. 2299 (98th)open

Anti-Fraudulent Adoption Practices Act of 1984

United States · United States Congress · 9 February 1984

Anti-Fraudulent Adoption Practices Act of 1984 - Amends the Federal criminal code to make it a Federal offense for any person to knowingly make any false statement or conceal any material fact in connection with an adoption or with the placement of a child in a home for permanent free care. Makes it unlawful for any person to solicit or receive money for arranging for an adoption or for a placement for permanent free care. Provides for the following exceptions: (1) licensed agencies; (2) fees received for professional legal or medical services; and (3) if such person is the natural parent of a child or the prospective adoptive parent. Provides for imprisonment for not more than five years and/or a fine of not more than $10,000. Makes it a Federal offense for any person to use force or duress to cause any other individual to travel in interstate or foreign commerce in connection with an adoption. Provides for imprisonment for not more than ten years or a fine of not more than $20,000. Amends the Child Abuse Prevention and Treatment and Adoption Reform Act of 1978 to require the Secretary of Health and Human Services to: (1) review model adoption legislation and procedures and propose necessary changes to insure against fraudulent practices; (2) coordinate with national, State and volunteer organizations to improve State adoption legislation; and (3) assist States in the development of improved procedures for controlling illegal adoption practices. Grants the Federal district courts jurisdiction to hear any civil action involving fraudulent adoption practices regardless of the amount in controversy.

Bill· SS. 2271 (98th)reported

A bill to authorize the transfer to the Smithsonian Institution without reimbursement of the General Post Office Building and the site thereof located in the District of Columbia, and for other purposes.

United States · United States Congress · 8 February 1984

Authorizes the Administrator of General Services to transfer the General Post Office Building in the District of Columbia to the Smithsonian Institution without reimbursement. Directs the Administrator to relocate all operations of the United States International Trade Commission and the United States Postal Service currently located in such building. Directs the Administrator and the Chairman of the Commission to each report separately in writing on the status of such relocation to the Committees on Environment and Public Works, Finance, and Rules and Administration of the Senate and to the Committees on Public Works and Transportation and Ways and Means of the House of Representatives. Authorizes appropriations to the Smithsonian Board of Regents for fiscal years beginning with FY 1985 for renovation and repair of the General Post Office Building.

Bill· SS. 2272 (98th)referred

A bill to authorize the Smithsonian Institution to plan and construct facilities for certain science activities of the Institution, and for other purposes.

United States · United States Congress · 8 February 1984

Authorizes the Board of Regents of the Smithsonian Institution to plan and construct facilities for the National Air and Space Museum, the Smithsonian Environmental Research Center, the Smithsonian Tropical Research Institute, and the Smithsonian Astrophysical Observatory. Authorizes the Administrator of General Services, after consultation with the Administrator of Federal Aviation, to transfer to the Smithsonian Institution, without reimbursement, land at Dulles International Airport for expansion of the National Air and Space Museum. Authorizes appropriations.

Bill· SS. 2257 (98th)open

A bill entitled the "Senior Citizens' Tax Improvement Act".

United States · United States Congress · 6 February 1984

Amends the Internal Revenue Code to authorize the Secretary of the Treasury to prescribe regulations exempting retirees or individuals over age 65 from interest penalties with respect to any underpayment of estimated tax. Requires that such underpayment be due to reasonable cause (defined to include mistake or ignorance of the law) and not to willful neglect.

Resolution· SRESS.Res. 332 (98th)reported

An original resolution authorizing expenditures by the Committee on Banking, Housing and Urban Affairs.

United States · United States Congress · 2 February 1984

Authorizes the Senate Committee on Banking, Housing, and Urban Affairs, from March 1, 1984, through February 28, 1985, to: (1) make expenditures from the contingent fund; (2) employ personnel; (3) utilize, on a reimbursable basis, the services of department or agency personnel; (4) procure consultant services; and (5) provide for the training of its professional staff.

Law· SS. 2155 (98th)enacted

Utah Wilderness Act of 1984

United States · United States Congress · 18 November 1983

Utah Wilderness Act of 1984 - Title I: Findings, Purposes, and Wilderness Designation - Sets forth congressional findings and purposes. Designates the following lands in Utah as components of the National Wilderness Preservation System: (1) the Mount Naomi Wilderness in the Wasatch-Cache National Forest; (2) the Wellsville Mountain Wilderness in the Wasatch-Cache National Forest; (3) the Mount Olympus Wilderness in the Wasatch-Cache National Forest; (4) the Twin Peaks Wilderness in the Wasatch-Cache National Forest; (5) the High Uintas Wilderness in the Wasatch-Cache National Forest; (6) the Mount Timpanogos Wilderness in the Uinta National Forest; (7) the Mount Nebo Wilderness in the Uinta National Forest; (8) the Dark-Woodenshoe Canyon Wilderness in the Manti-LaSal National Forest; (9) the Ashdown Gorge Wilderness in the Dixie National Forest; (10) the Box-Death Hollow Wilderness in the Dixie National Forest; and (11) the Pine Valley Mountain Wilderness in the Dixie National Forest. Abolishes the previous classifications of the Mount Timpanogos Scenic Area and the High Uintas Primitive Area. Title II: Release of Lands for Multiple Use Management - Provides that the RARE II (second roadless area review and evaluation) final environmental impact statement (dated January 1979) with respect to national forest system lands in Utah shall not be subject to judicial review. Releases national forest system lands not designated as wilderness areas. Prohibits the Secretary of Agriculture from conducting any further roadless area review and evaluation of national forest system lands in Utah without express congressional authorization. Title III: Miscellaneous provisions - Requires the Secretary of Agriculture to review the Department of Agriculture's policies and regulations regarding livestock grazing in national forest wilderness areas in Utah in order to ensure compliance with the Wilderness Act and this Act. Requires that valid grazing rights be maintained in such wilderness areas. Permits the limited use of motorized equipment for the maintenance of livestock and emergency facilities related to grazing activities in such wilderness areas. Sets forth requirements with respect to water rights and buffer zones. Requires the Secretary of the Interior to continue to make assessments of the mineral potential of the wilderness areas in Utah. Directs the Secretary of Agriculture to allow limited motorized access to wilderness areas in Utah by Federal, State, and local governmental agencies and educational institutions for the purposes of conducting essential surveys and tests in such areas.

Bill· SS. 2193 (98th)open

A bill to authorize the Comptroller of the Currency to consider reciprocity among other factors in acting on an application by a foreign bank to establish a Federal branch or agency, and for other purposes.

United States · United States Congress · 18 November 1983

Amends the International Banking Act of 1978 to direct the Comptroller of the Currency, in considering a foreign bank's application to establish a Federal branch or agency, to consider whether or not U.S. banks are permitted to conduct business in the applicant's country.

Bill· SS. 2186 (98th)reported

A bill to establish a State Mining and Mineral Resources Research Institute program, and for other purposes.

United States · United States Congress · 18 November 1983

Authorizes appropriations to the Secretary of the Interior for FY 1985 through FY 1989 to assist States in carrying on the work of a competent and qualified mining and mineral resources research institute at one public college or university (or private college or university if a State does not have an eligible public college or university) in the State meeting eligibility requirements. Provides that funds appropriated shall be made available for grants to be matched on a basis of no less than one and one-half non-Federal dollars for each Federal dollar during FY 1985 and 1986, and no less than two non-Federal dollars for each Federal dollar during FY 1987 through FY 1989. Authorizes appropriations to the Secretary for FY 1985 through FY 1989 which shall be made available to institutes to meet the necessary expenses for purposes of: (1) specific mineral research and demonstration projects of broad application which could not otherwise be undertaken; and (2) research into any aspects of mining and mineral resources problems related to the mission of the Department of the Interior which are not otherwise being studied. Sets forth funding criteria. Requires each institute to: (1) set forth its plan to provide for the training of individuals as mineral engineers and scientists; (2) set forth policies and procedures to assure that Federal funds made available under this Act will supplement and, to the extent practicable, increase the level of funds that would, in the absence of such Federal funds, be made available for purposes of this Act, and in no case supplant such funds; and (3) report annually to the Secretary concerning amounts received under this Act and projects undertaken pursuant to this Act. Directs the Secretary to: (1) prescribe necessary rules and regulations; and (2) report to Congress annually concerning the receipts, expenditures, and work of the institutes in all States under the provisions of this Act. Prohibits anything in this Act from being construed to authorize Federal control of education at any college or university. Directs the Secretary to assure that programs authorized by this Act are not redundant. Authorizes appropriations necessary to print and publish the results of activities carried out by institutes under this Act and for administrative planning and direction. Directs the Secretary to establish a center for cataloging current and projected scientific research in all fields of mining and mineral resources. Directs the President to clarify agency responsibility for Federal mining and mineral resources research and to provide interagency coordination of such research. Directs the Secretary to appoint a Committee on Mining and Mineral Resources Research to consult with and make recommendations to the Secretary on all matters relating to mining and mineral resources research as required by this Act. Requires the Committee to: (1) develop a national plan for research and development in mining and mineral resources and to formulate and recommend a program to implement the plan utilizing resources provided for under this Act; and (2) submit such plan to the Secretary, the President, and Congress by March 1, 1986, and to update the plan annually. Requires the Committee to determine the eligibility of a college or university to participate as a mining and mineral resources research institute under this Act.

Bill· SS. 2181 (98th)open

Financial Services Competitive Equity Act

United States · United States Congress · 18 November 1983

Financial Services Competitive Equity Act - Title I: Financial Institutions Competitive Equity - Authorizes depository institution holding companies to engage in activities of a financial nature, insurance underwriting and brokerage, real estate development and brokerage, and certain securities activities. Includes in such activities dealing in, underwriting and purchasing government and municipal securities, sponsoring and managing investment companies and underwriting the securities thereof. Amends the Bank Service Corporation Act to rename such Act the Depository Institution Service Corporation Act. Sets forth limitations on the amount a depository institution may invest in depository institution service corporations. Describes the depository institution service corporation activities permissible for depository institutions. Provides grandfather rights to service corporation investors and for service corporation activities where an investment was made and the activities were commenced prior to July 1, 1983. Authorizes any association, which is organized and continues to operate in the mutual form, to invest in the capital stock obligation or other securities of any corporation (a mutual thrift service corporation) organized under State laws if the entire capital stock of such corporation is available for purchase only by savings and loan associations having their home offices in such State. Title II: Credit Union Amendments - Amends the Federal Credit Union Act to permit a longer term on second mortgage loans when approved by the National Credit Union Administration Board. Title III: Bankers Bank - Permits a national banking association, if certain conditions are met, to purchase for its own account shares of stock of a bank or holding company which owns or controls such a bank. Title IV: Competitive Savings Incentive - Competitive Savings Incentives Act of 1983 - Amends the Federal Reserve Act to provide that reserves held by the following may be in the form of vault cash, or as deposits in an Earnings Participation Account at a Federal Reserve Bank which shall receive earnings to be paid each month at the rate earned on the securities portfolio of the Federal Reserve System during that month: (1) any bank, loan association, or mutual or stock bank against accounts authorized by the Garn-St Germain Depository Institutions Act of 1982 or transaction accounts authorized after December 1, 1982; and (2) any insured credit union against any comparable accounts. Title V: Consumer Leases and Rental-Purchase Agreements - Consumer Lease and Rental-Purchase Agreement Act - Amends the Consumer Credit Protection Act to establish certain disclosure requirements for consumer lease and rental purchase agreements. Allocates liability between lessors and lessees and parties to rental purchase agreements. Grants the Federal Trade Commission primary but not exclusive enforcement authority under this Act. Prescribes civil and criminal penalties for violations. Preempts State laws on consumer credit under specified circumstances. Title VI: Fair Deposit Availability - Fair Deposit Availability Act of 1983 - Requires a depository institution to give a customer written disclosure of its general policy on withdrawal of funds deposited into a deposit account. Requires the timely payment of interest on deposits to interest bearing accounts. Title VII: Credit Deregulation and Availability - Credit Deregulation and Availability Act of 1983 - Amends the Depository Institutions Deregulation and Monetary Control Act of 1980 to eliminate the current Federal rate ceiling for business and agricultural loans. Preempts all State usury laws in connection with extensions of consumer credit made by creditors. Authorizes the boards of directors of Federal credit unions to establish interest rates. Title VIII: Interest on Demand Deposits - Demand Deposit Deregulation Act - Amends the Federal Reserve Act, the Federal Deposit Insurance Act, and the Home Owner's Loan Act of 1933 to permit the payment of interest on demand deposits held by depository institutions. Amends the Depository Institutions Deregulation Act of 1980 to direct the Depository Institutions Deregulation Committee to establish rules concerning such interest payments. Title IX: Fraudulent Use of Credit Cards and Debit Cards - Amends the Truth in Lending Act and the Electronic Fund Transfer Act regarding the fraudulent use of credit cards, debit instruments or account numbers. Title X: Interstate Banking - Interstate Banking Act of 1983 - Authorizes interstate banking among any other State in which such establishment and operation are at the time authorized by State law specifically granting such authority. Requires the President to report to Congress concerning the effect that this Act has on the financial, economic, and banking environment.

Bill· SS. 2154 (98th)referred

A bill related to "Special Tar Sand" areas in Utah.

United States · United States Congress · 18 November 1983

Amends the Mineral Land Leasing Act of 1920 to permit the owner of an oil and gas lease, containing portions located both inside and outside a special tar sand area, to convert the entire lease to a combined hydrocarbon lease, provided that the portion located within the special tar sand area had been included in an application for conversion filed before November 17, 1983.

Bill· SS. 2122 (98th)open

Payroll Deduction Facilitation Act

United States · United States Congress · 17 November 1983

Payroll Deduction Facilitation Act - Eliminates the fee imposed on financial organizations which receive payroll deductions from Federal employees. Amends the Right to Financial Privacy Act of 1978 to make an exception in any case in which a Government authority which has a disbursing function needs to know, for the sole purpose of properly administering such disbursing function: (1) the name and address of any individual customer with access to an account which was credited, or which should have been credited, with any deposit disbursed by such authority; or (2) the amount so credited. Permits a transfer between Government authorities of any information thus obtained, as long as such transfer is made for, and such information will be used for, the sole purpose of properly administering the law which authorizes the payment of funds involved.

Bill· SS. 2121 (98th)referred

A bill to amend the Federal Credit Union Act (12 U.S.C. Sections 1751 et seq.) to further capitalize the National Credit Union Share Insurance Fund and for other purposes.

United States · United States Congress · 17 November 1983

Amends the Federal Credit Union Act to require each insured credit union to post and maintain with the National Credit Union Share Insurance Fund a refundable deposit in the amount equalling one percent of the credit union's total insured member accounts. Makes such deposit amount refundable to an insured union in the event that the insurance coverage is terminated (but not in the event of liquidation on account of insolvency). Permits a phased-in payment of the deposit requirements over a number of years. Permits the National Credit Union Association to issue regulations concerning the distribution of a liquidating Federal credit union's assets. Provides that the National Credit Union association's recovery of insurance payout in the case of a State credit union shall be the same as in the case of a Federal credit union.

Bill· SJRESS.J.Res. 202 (98th)referred

A joint resolution to designate 1984 as "The Year of Water".

United States · United States Congress · 17 November 1983

Designates 1984 as the Year of Water. Requests the President to welcome the delegates of the International Congress on Irrigation and Drainage in Fort Collins, Colorado.

Bill· SS. 2103 (98th)referred

Federal Deposit Insurance Improvements Act of 1983

United States · United States Congress · 16 November 1983

Federal Deposit Insurance Improvements Act of 1983 - Amends the Federal Deposit Insurance Act to allow any appointive director of the Federal Deposit Insurance Corporation to serve in office after the expiration of his term until his successor has been appointed and qualified. Permits the Corporation to set the assessment credit for any insured bank on the basis of the risks that the bank may present to the Permanent Insurance Fund. Grants the Corporation enforcement powers over national and State member banks. Authorizes the Board of Directors of the Corporation to charge reasonable fees for the examinations of banks. Broadens the definition of "affiliate" to include subsidiaries of insured banks. Requires the Corporation serve as a receiver for all closed insured banks. Sets priorities for payment of claims against the estate of a failed bank. States that the Corporation as receiver of a closed insured bank shall not be required to furnish bond and shall have the right to appoint agents to assist it in its duties as such receiver. Eliminates the requirement that banking agencies must seek reports from the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. Requires the agencies to request such reports from the Attorney General. Drops the requirement that the Corporation must approve domestic bank branches in advance.

Law· SS. 2040 (98th)enacted

An act to amend the Securities Exchange Act of 1934 with respect to the treatment of mortgage backed securities, to increase the authority of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, and for other purposes.

United States · United States Congress · 2 November 1983

Secondary Mortgage Market Enhancement Act of 1983 - Title I: Securities Laws Amendments - Amends the Securities Act of 1983 to exempt from the securities registration requirements securities backed by second mortgages, cooperative housing loans, and manufactured home loans. Expands the type of allowable security to include mortgage-related payment bonds. Exempts from the securities registration requirements securities originated by any Department of Housing and Urban Development approved mortgagee (principally mortgage bankers) in addition to financial institutions. Requires that the current minimum transaction amount of $250,000 be applied only to the initial purchase amount. Permits a 120 day time limit on the cash payment for the security (currently 60 days). Amends the Home Owner's Loan Act of 1933 and the Federal Credit Union Act to allow federally-chartered financial institutions, including credit unions, to invest in mortgage-related securities subject only to limitations that the appropriate regulating board might impose. Preempts State blue sky and legal investment laws and regulations so that investment grade mortgage-related securities may be purchased by State-chartered and regulated financial institutions, insurance companies, pension funds, trustees, or other regulated entities. Permits a State to reassert limitations on investments in mortgage securities within three years of enactment of these provisions if it finds such regulation necessary. Requires the Securities and Exchange Commission to provide a permanent procedure for the delayed or continuous registration of mortgage-backed securities. Title II: Federal Home Loan Mortgage Corporation and Federal National Mortgage Association Amendments - Amends the Federal Home Loan Mortgage Corporation Act and the National Housing Act to require that preferred stock issued by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), other than preferred Freddie Mac stock sold to the Federal Home Loan Banks, include terms that would be required for New York Stock Exchange listing. States that participation agreement limitations on maximum principal obligation of conventional mortgages shall apply to an entire mortgage regardless of whether Freddie Mac and Fannie Mae purchase the entire loan or a participation interest therein. Permits Freddie Mac to purchase manufactured home loans where the property securing them is considered by State law as personal, or mixed personal and real (presently limited to real property security). Establishes a 45-day (with a 15-day extension) Department of Housing and Urban Development (HUD) approval period for Fannie Mae requests. Removes existing loan-to-value limits on multifamily mortgage purchases. Expands Fannie Mae's Board of Directors from 15 to 18 members. Raises the limit on Freddie Mac and Fannie Mae multifamily conventional mortgage purchases. Requires an annual HUD report regarding Fannie Mae's activities. Authorizes Freddie Mac and Fannie Mae to purchase residential second mortgages through October 1, 1985. Sets forth loan limits and related provisions.

Bill· SS. 2029 (98th)open

Social Security Benefits Disallowance Act of 1983

United States · United States Congress · 31 October 1983

Social Security Benefits Disallowance Act of 1983 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that an individual can receive title II benefits only if such individual can show that he or she: (1) is a U.S. citizen or was a U.S. citizen but has voluntarily relinquished such status; or (2) is an alien legally admitted to work or was an alien legally admitted to work but has voluntarily relinquished such status. Prohibits the payment of title II benefits to any individual who: (1) is subject to a final order of exclusion, a final order of departure, or a voluntary departure in lieu of deportation; or (2) is not legally permitted to work in the United States.

Resolution· SCONRESS.Con.Res. 79 (98th)referred

A concurrent resolution to request the President to urge the Government of Japan to import United States coal.

United States · United States Congress · 26 October 1983

Expresses the sense of the Congress that on the President's visit to Japan, he should express to Japan that: (1) action must be taken to reduce the current balance-of-trade deficit; (2) the reduction of the trade imbalance is critical to future U.S.-Japan trade relations; and (3) Japan should announce its commitment to purchase one-third of its metallurgical and steam coal from the United States.