United States · United States Congress · 16 December 1981
Recognizes the "Great Friendship Run" as an event that will promote international good will. Commends the participants. Urges the expeditious completion of details of the event.
United States · United States Congress · 11 December 1981
Amends title IV (National Research Institutes) of the Public Health Service Act to establish a National Institute on Arthritis and Musculoskeletal Diseases. Sets forth the Institute's research and training functions and arthritis and musculoskeletal diseases program plan. Authorizes the Secretary of Health and Human Services, acting through the Institute, to operate multipurpose arthritis and musculoskeletal disease research centers. Requires annual evaluations of such centers. Authorizes specified appropriations for such centers for fiscal years 1983-1985. Directs the Secretary to establish an arthritis and musculoskeletal disease Coordinating Committee, which shall meet at least four times a year.
United States · United States Congress · 10 December 1981
Entitles Civil Air Patrol Cadets 18 years of age or older to the same compensation for disability or death which is available to Civil Air Patrol senior members. Increases the amount of such compensation available to both.
United States · United States Congress · 10 December 1981
Expresses the sense of the Congress that the President should instruct the U.S. delegation to the February meeting of the United Nations Commission on Human Rights to tell the Commission that the Soviet Union should stop harassing Soviet Jews and should allow its citizens to practice their religion and to emigrate. Urges the Soviet Union to comply with its human rights obligations. Urges the President to: (1) express to the Soviet Union U.S. opposition to harassment of Soviet citizens and to prohibitions of emigration; and (2) reiterate that the United States will consider the extent to which other nations honor their commitments under international law when evaluating its relations with such nations.
United States · United States Congress · 9 December 1981
Comprehensive Smoking Prevention Education Act of 1981 - Amends title XVII (Health Information and Health Promotion) of the Public Health Service Act to direct the Secretary of Health and Human Services to inform the public of the health hazards of cigarettes through research, demonstration, and educational activities. Establishes an Interagency Committee on Smoking and Health to coordinate Federal and private activities. Requires the Committee to meet at least four times a year. Directs the Secretary to report annually to the Congress. Amends the Federal Cigarette Labeling and Advertising Act to change existing label warning provisions to require cigarette packages and advertisements to carry specified warnings on a rotating basis. Makes it unlawful to manufacture, import, or package for sale cigarettes without: (1) disclosing tar, nicotine, and carbon dioxide levels on the package; and (2) providing the Federal Trade Commission and the Department of Health and Human Services with a list of the types and quantities of chemical additives.
United States · United States Congress · 8 December 1981
Expresses the sense of Congress that members of the National Guard and Reserve should be granted time off from their jobs for military training, exclusive of earned vacation, and given equal consideration for job benefits and promotions as other employees.
United States · United States Congress · 30 November 1981
Waives certain requirements of the Congressional Budget Act of 1974 with respect to the consideration of H.R. 3484 (George Washington commemorative coins).
United States · United States Congress · 22 November 1981
Amends the Internal Revenue Code to provide the Federal National Mortgage Association a net operating loss carryback of ten years and a net operating loss carryover of five years, beginning in 1982.
United States · United States Congress · 19 November 1981
Amends the Capitol Reef National Park Act to permit an individual who holds grazing privileges on Federal lands within the Capitol Reef National Park in Utah, or an heir, successor, or assign of such individual, to have such grazing privileges renewed for his or her lifetime and the lifetime of heirs, successors, or assigns who were members of such individual's immediate family on the date of enactment of such Act. (Currently, such grazing privileges last for the period of a lease, permit, or license issued by the U.S. Government and one period of renewal thereafter.) Prohibits the withdrawal of grazing privileges appurtenant to privately owned lands within the park until title to such lands is vested in the United States.
United States · United States Congress · 12 November 1981
Amends the Internal Revenue Code to increase the income tax deduction allowed for maintaining exchange students as members of the taxpayer's household to $100 per month up to a maximum of $1,000 per year.
United States · United States Congress · 9 November 1981
Expresses the sense of the Congress that: (1) the United States and Japan should exert maximum efforts to resist Soviet challenges to Asia; (2) Japan should make a greater contribution to its own defense; and (3) Japan's defense expenditures should be at least one percent of its gross national product.
United States · United States Congress · 4 November 1981
Federal Home Loan Mortgage Corporation Charter Act - Establishes the Federal Home Loan Mortgage Corporation under the direction of a Board of Directors. Declares that the Corporation shall have common stock, without par value, which shall be vested with all voting rights, each share being entitled to one vote at all elections of directors. Authorizes the Corporation to issue nonvoting common stock, with or without par value as shall be determined by the Board from time to time. Permits the Corporation to prohibit any person or organization from acquiring or voting the beneficial ownership of more than 25 percent of the shares of voting common stock. Permits the Corporation to have one or more classes of preferred stock. Entitles each class of preferred stock to annual dividends fixed by the Corporation at the time of issuance or sale of such class of preferred stock. Authorizes the Corporation to purchase, make commitments to purchase, lend on the security of, or otherwise deal in eligible mortgages. Prohibits the purchase of a conventional mortgage if the outstanding principal balance of the mortgage at the time of purchase exceeds 80 percent of the value of the property securing the mortgage except in specified circumstances. Authorizes the Corporation to borrow, to give security, to pay interest on other returns, and to issue notes, debentures, bonds, or other obligations, or other securities. Authorizes Federal home loan banks to provide financing to the Corporation during calendar year 1982 in the form of a passthrough of the proceeds of consolidated obligations shown by such banks. Authorizes the Federal Home Loan Bank Board to provide for the purchase by the Federal home loan banks of any obligations issued by the Corporation. Authorizes the Corporation to guarantee the timely payment of principal or interest on securities issued by any eligible seller which are based on or backed by a trust or pool of mortgages eligible for purchase by the Corporation. Empowers the Corporation, in connection with any guaranty under this Act, to provide for the extinguishment, upon default by the issuer, of any redemption, equitable, legal, or other right, title, or interest of the issuer in any mortgage or mortgages constituting the trust or pool against which the guaranteed securities are issued. Declares that all rights and remedies of the Corporation shall be immune from impairment, limitation, or restriction. Exempts the Corporation from all taxation, except real property, until such time as the Corporation shall pay a dividend with respect to shares of common stock. Exempts the Corporation from the provisions or requirements of the Securities Exchange Commission. Declares that the powers and functions of the Corporation and the Board of Directors shall be exercisable without regard to any other laws, except as otherwise provided in this Act, or as otherwise provided by the Corporation or by laws enacted by Congress.
United States · United States Congress · 27 October 1981
Program Fraud Civil Penalties Act of 1981 - Establishes penalties and assessments to be imposed against any person who knowingly makes a false claim or statement to: an authority of the United States; a recipient of property, services, or money from such authority; a party to a contract with such authority; or any State. Declares that such penalties and assessments are in addition to criminal and civil penalties and assessments provided by other laws. Requires that the total amount of a penalty and assessment imposed under this Act be at least equal to the damages sustained by the Government as a result of the false claim or statement, except under specified circumstances. Directs the Inspector General or other investigating official of a Federal authority to investigate allegations that a person made a false claim or statement, and to report findings to the reviewing official designated for that authority. Directs the reviewing official to refer such allegations to the authority head for a hearing upon determining there is probable cause to believe that the person is liable for a penalty or assessment. Requires the authority head to notify the Attorney General of any intention to initiate a hearing. Allows the authority head to initiate a hearing if the Attorney General approves it or does not disapprove it within 120 days. Entitles the defendant in such a hearing to: (1) written notice of the hearing; (2) be present and represented by counsel; (3) present evidence and cross-examine witnesses; (4) prompt, written notice of the authority head's determination; and (5) judicial review of an adverse determination. Specifies the authority of the investigating official and the official conducting the hearing, and the procedure for judicial review of the determination reached in the hearing. Authorizes the Attorney General to commence a civil action to recover a penalty or assessment determined by such a hearing. Authorizes the authority head to settle a final penalty or assessment determined by hearing. Grants the Attorney General exclusive authority to settle a claim subject to judicial review or collection procedures. Provides for the reimbursement of a State or political subdivision for damages sustained as a result of a false claim or statement out of any penalty or assessment collected. Specifies time limitations for commencing a hearing concerning a false statement or claim and for commencing an action to recover any penalty or assessment. Permits the deduction of any penalty or assessment from any amount owed the liable person by the Government, including tax refunds.
United States · United States Congress · 20 October 1981
Declares that it is the sense of the Congress that: (1) the United States must manage its assets in a manner more prudent and beneficial to the interests of the American people; (2) all executive branch agencies should inventory their assets, estimate the approximate value of each asset, and identify the uses to which each asset is put; (3) the President should then identify which assets are surplus to Federal needs and should be candidates for liquidation; (4) the President should submit recommendations to Congress on any legislative and administrative revisions that may be needed to carry out such a program of liquidation in an orderly manner; (5) the receipts of this program should be used only to restrain and ultimately reduce the national debt; and (6) the Comptroller General should investigate and recommend to Congress and each agency improved processes for managing Federal assets, estimating their value, and liquidating those which are unneeded.
United States · United States Congress · 14 October 1981
Amends the Federal Reserve Act, as amended, and other Federal law to authorize the back side of the one-dollar note to be printed by other than the intaglio process.
United States · United States Congress · 7 October 1981
Title I: Federal Deposit Insurance Act - Amends the Federal Deposit Insurance Act to remove the Comptroller of the Currency from the Board of Directors of the Federal Deposit Insurance Corporation and increase the number of directors from three to five. Adds savings and loan associations, credit unions, and Federal Home Loan Banks to the list of financial institutions with which a Board member may not be employed before expiration of his or her full term of appointment. States that the Corporation shall insure as of such date: (1) every savings and loan association insured by the Federal Savings and Loan Insurance Corporation or charted by the Federal Home Loan Bank Board on January 1, 1983; and (2) every credit union insured or chartered by the National Credit Union Share Insurance Fund on January 1, 1985. Requires any uninsured State savings and loan association or credit union seeking insurance after the appropriate date to apply to the Corporation. Grants the Corporation access to reports of examination made by any Federal home loan bank, or to the National Credit Union Administration Board. Requires exclusive submittal to the Corporation of certain quarterly reports which currently go to the Comptroller of the Currency or to the Federal Reserve Board. Permits the Comptroller of the Currency, any Federal Reserve Bank, any Federal Home Loan Bank and the National Credit Union Administration Board to require additional reports of condition or other reports from financial institutions subject to their respective jurisdictions. Expands Federal Deposit Insurance Corporation insurance to banks located in any territory or possession of the United States, the Northern Mariana Islands, Puerto Rico or in the Panama Canal Zone, or on military installations in foreign countries in the case of credit unions. Expands the assessment base to include deposits held in any United States territory. Permits the deduction of certain lending costs from gross assessment income. Eliminates the provision for the forfeiture of rights by any national member bank failure to comply with specified reporting and assessment requirements. Amends enforcement provisions of such Act to cover credit unions and savings and loan associations. Expands the Federal Deposit Insurance Corporation examination authority to include State savings and loan associations and credit unions and its special examination authority to include Federal savings and loan associations and credit unions. Eliminates the provisions of such Act which consolidated the Temporary Federal Deposit Insurance Fund and the Fund for Mutuals into a Permanent Insurance Fund for insuring deposits. Consolidates the Primary Reserve and the Secondary Reserve of the Federal Savings and Loan Insurance Corporation with the Federal Deposit Insurance Fund. Consolidates the National Credit Union Share Insurance Fund with the Federal Deposit Insurance Fund as of January 1, 1985. Makes the Federal Deposit Insurance Corporation the receiver for closed Federal savings and loan associations, credit unions, and national banks. Permits the Corporation to borrow from any Federal Reserve Bank or Federal Home Loan Bank on such terms as may be fixed by the Board of Directors of the Corporation and the Board of Governors of the Federal Reserve System or the Federal Home Loan Bank Board. Eliminates the tax exempt status of all notes, debentures, bonds, or other such obligations issued by the Corporation. Repeals the provisions of such Act concerning forms for Federal Deposit Insurance Corporation notes and debentures. Includes all savings and loan associations under the regulations the Bank Merger Act concerning insured banks. Waives the requirement of prior written approval of a merger or consolidation if one of the parties is a nonoperating and newly chartered bank or other corporation, the proposed transaction is pro forma and of no significance but is employed as a means to facilitate, and its consummation is conditioned upon, the lawful acquisition of bank stock or of the stock of a savings and loan association and the material details of the proposed transaction are fully disclosed in its application. Eliminates the requirement for annual reports to Congress concerning all bank mergers. Subjects the interest rates of State savings and loan associations and credit unions to Federal Deposit Insurance Corporation supervision. Requires Corporation approval of branching or retiring of capital of any financial institution. Extends to savings and loan associations and credit unions the existing prohibition, without the written consent of the appropriate Federal financial institution agency, against any person serving as a director or officer of any insured financial institution if such person has been convicted, or is hereafter convicted, of any criminal offense involving dishonesty or breach of trust which is punishable by imprisonment for a term exceeding one year under State or Federal law. Provides a hearing opportunity before the appropriate agency for any person whose employment is prohibited by such restriction. Increases from $100 to $1,000 the civil money penalty for willful violation of such prohibition. Provides the assessed financial institution an opportunity for an agency hearing. Provides for judicial review. Prohibits the Corporation from discriminating in favor of Federal financial institutions over State financial institutions or in favor of banks over savings and loan associations or credit unions. Declares that the time and savings deposits held by insured financial institutions, to the extent they are insured by the Corporation, are lawful investments and may be accepted as securities for all public funds of the United States. Permits any insured financial institution to be a depository of public money and to be employed as fiscal agent of the United States. Title II: National Housing Act - Repeals the provisions of the National Housing Act which relate to the Federal Savings and Loan Insurance Corporation and the Share Insurance Fund. Amends the National Housing Act to transfer jurisdiction over savings and loan holding companies to the Federal Home Loan Bank Board. Makes each savings and loan holding company which is registered with the Federal Savings and Loan Insurance Corporation on December 31, 1982, automatically registered with the Federal Home Loan Bank Board. Requires any other company, within 90 days of becoming a savings and loan holding company, to register with the Federal Home Loan Bank Board. Title III: Federal Credit Union Act - Amends the Federal Credit Union Act to repeal the provisions of such Act which provided share insurance of member accounts and created the National Credit Union Share Insurance Fund. Title IV: Miscellaneous Amendments - Amends the Bank Protection Act of 1968, the Home Mortgage Disclosure Act of 1975, the Community Reinvestment Act of 1977, the Depository Institution Management Interlocks Act, and the Home Owners' Loan Act of 1933 to make the Federal Deposit Insurance Corporation the appropriate authority for insuring State financial institutions.
United States · United States Congress · 7 October 1981
Expresses the sense of the Senate that any agreement for a transfer by the United States of the airborne warning and control system (AWACS) to a foreign country shall include all the requirements under the Arms Export Control Act and in the standard Letter of Offer and Acceptance, as well as specified terms and conditions. Requires that the United States immediately terminate all support for the AWACS if any of these contractual provisions are breached. Requires that only countries that promote peace and stability receive AWACS. Directs the President to certify to the Senate Foreign Relations Committee that the conditions specified in this Act have been met before the actual transfer of any part of the AWACS.
United States · United States Congress · 7 October 1981
Expresses the sense of Congress that the President should: (1) prohibit U.S. participation in the Siberian natural gas pipeline project; (2) urge Western European nations not to participate in such project; (3) secure the cooperation of Western European nations and Japan in an alternative energy diversification project; (4) promote the alternative energy diversification project; and (5) establish a policy with respect to the promotion of Soviet energy resource development.
United States · United States Congress · 5 October 1981
Missing Children Act - Authorizes the Attorney General to collect and exchange information which would assist in the identification of unidentified deceased individuals, and the location of missing persons, including missing children.
United States · United States Congress · 5 October 1981
Thrift Institutions Restructuring Act of 1981 - Title I: Form of Charter: Demand Accounts - Amends the Home Owners' Loan Act of 1933 to authorize the Federal Home Loan Bank Board to charter Federal stock savings banks as well as savings and loan associations and mutual savings banks for investment and credit purposes in addition to the provision of home financing. Permits a Federal savings and loan association to raise capital in the form of demand accounts. Specifies that all savings accounts and demand accounts will have the same priority upon liquidation. Reduces from 30 days to 14 days the statutory notice-of-withdrawal period for savings accounts. Repeals the prohibition against the issuance of capital stock by Federal savings and loans. Grants any association the authority to issue such capital stock. Permits any institution that is a Federal Home Loan Bank member (or is eligible to become a member) to convert to a Federal Savings and Loan Association, a Federal savings bank, or a Federal mutual savings bank (and from the mutual form to the stock form, or vice versa). Revises the procedures and requirements for conversion of any Federal association back to a State type institution. Allows any aggrieved person to obtain review of a final action of the Board or the Federal Savings and Loan Insurance Corporation which approves or disapproves a plan of conversion from the mutual to the stock form. Permits any Federal savings bank chartered before the enactment of this Act or any Federal savings bank formerly organized as a mutual savings bank to continue to make any investment or engage in any activity not otherwise authorized by this Act to the degree it was authorized to do so. Amends the National Housing Act to retain Federal Savings and Loan Insurance Corporation jurisdiction over State mutual to State stock conversions involving insured institutions. Eliminates specified reporting requirements concerning such conversion activity. Repeals the prohibition against the creation of Federal stock institutions in States where stock associations do not exist. Amends the Home Owners' Loan Act of 1933 to include all Federal savings banks within the definition of "insured institution." Title II: Investments - Amends the Home Owners Loan Act of 1933 to expand (in most instances to 100 percent) investment authority of associations with respect to: (1) overdraft account loans; (2) nonresidential real property loans; (3) time deposits in savings and loans; (4) State and local government securities; (5) commercial and other loans; (6) housing and land and urban development insured or guaranteed investments; (7) corporate securities; (8) mutual funds; (9) consumer loans; (10) investments in tangible personalty; (11) education loans; (12) service corporations ending allocations targeted to certain community purposes; (13) foreign assistance investments; and (14) small business investment corporations. Permits a Federal association to engage in activities and ventures incidental to the exercise of investment authority. Amends the Federal Home Loan Bank Act to permit Bank members to invest in time and savings deposits in institutions eligible to become Bank members, as well as in current Bank members or in commercial banks, to help satisfy the statutory requirement that they maintain a certain amount of liquid assets. Amends the Home Owners' Loan Act of 1933 to prohibit an association from establishing, retaining, or operating a branch outside the State in which the association has its home office, unless the association qualifies as a domestic building and loan association for bad debt deductions under the Internal Revenue Code or meets the asset composition test imposed under such Act. Sets forth exceptions to such limitation. Prohibits any savings and loan holding company or non-insured subsidiary whose insured savings and loan subsidiary fails to qualify as a domestic building and loan association, for bad debt deductions under the Internal Revenue Code, from commencing any business activity other than those specified for multiple savings and loan holding companies and their subsidiaries. Allows a three year grace period to any such subsidiary already engaged in such business activities before this prohibition takes effect. Title III: Preemption of Due-On-Sale Prohibitions - Denies application to loans originated by certain federally-chartered associations of State laws or constitutional provisions limiting a lender's ability to enter into or enforce contracts which provide that the lender may declare a mortgage loan due and payable if the property or property interest securing the loan is sold or transferred without the lender's prior written consent. Names among such associations those chartered by the Federal Home Loan Bank Board, the Comptroller of the Currency, or the National Credit Union Administration Board. Makes the exercise by the lender of such a due-on-sale option exclusively governed by the terms of the loan contract. Sets forth the procedure for the issuance of rules, regulations, and interpretations of such limitations. Title IV: Extraordinary Authority - Amends the National Housing Act to permit the Federal Savings and Loan Insurance Corporation (FSLIC), subject to antitrust law, to authorize an insured institution eligible for Corporation assistance to merge with any other insured institution or a Federal Deposit Insurance Corporation(FDIC)-Insured bank, or to be acquired by any holding company. Amends the Bank Holding Company Act to permit the Federal Reserve Board, in emergencies, to disperse with notice and hearing requirements and to approve bank holding company acquisitions of the thrift institutions' primary Federal regulator. Amends the Home Owners' Loan Act of 1933 to allow the Federal Home Loan Bank Board to authorize (or in the case of a Federally-chartered association, to require) a mutual institution to become, or merge into a newly chartered, Federal stock association. Grants such authorization only with respect to: (1) an institution in receivership; (2) an institution that has contracted to receive FDIC or FSLIC assistance; or (3) an institution whose stability is threatened by the existence of severe financial conditions. Amends the National Housing Act to permit the Federal Savings and Loan Insurance Corporation to provide assistance to any party acquiring a financially troubled insured institution. Authorizes the Corporation, in the event that a Federal association is in default, and with the Corporation appointed as conservator or receiver to: (1) make such disposition of the matter as it deems to be in the best interest of the association, its savers, and the Corporation; and (2) pay all valid credit obligations of the association. Provides the Corporation with conservatorship and receivership powers over State-chartered insured institutions. Declares that in such cases the Corporation shall have the same powers and duties with respect to insured institutions as it has with respect to Federal associations. Grants the Corporation, in connection with the liquidation of insured institutions, the power to carry on the business of and to collect all obligations to the insured institutions, to settle, compromise, or release claims in favor of or against the insured institutions, subject only to the regulation of the Federal Home Loan Bank Board, or in cases where the Corporation has been appointed conservator, receiver, or legal custodian solely by a public authority, subject only to the regulation of such public authority. Amends the Federal Home Loan Bank Act to allow the Federal Home Loan Bank Board, upon its determination that a severe financial condition exists threatening the stability of member institutions, to waive the requirements that a portion of net earnings of Federal Home Loan Banks be set aside semi-annually to a reserve account, and to pay dividends from undivided profits. Amends the National Housing Act to permit the Federal Savings and Loan Insurance Corporation to borrow from the Federal Home Loan Banks provided that the rate on such loans is not less than the Federal Home Loan Banks' marginal cost of funds, and the loans are adequately secured. Permits the Federal Savings and Loan Insurance Corporation, upon its determination that extraordinary financial conditions exist increasing the risk to it, to terminate distribution of shares of the secondary reserve and to use such reserve on the same basis as the primary reserve. Title V: Miscellaneous - Amends the Federal Home Loan Bank Act to allow the Federal Home Loan Bank Board to delegate any of its functions, except those of promulgating regulations and performing adjudications. States that a court may assess attorneys' fees against the Bank Board only in the event the agency loses a lawsuit. Amends the Federal Home Loan Mortgage Corporation Act to authorize the Federal Home Loan Mortgage Corporation to purchase mortgage loans from the Federal Deposit Insurance Corporation and the National Credit Union Administration. Removes the limitation on the number of conventional mortgages more than one year old that the Federal Home Loan Mortgage Corporation can purchase. Permits the Corporation to make secured advances to its members upon such security as the Board may prescribe. Amends the National Housing Act to provide that depositors who have accounts in a FSLIC-insured institution that merges into another such institution in which they have accounts will be able to have separate insurance for the two accounts for a period of six months. Amends the Federal Home Loan Bank Act to provide compensation to the members of the Federal Savings and Loan Advisory Council. Requires an institution withdrawing voluntarily from Federal Home Loan Bank membership to pay prepayment penalties in connection with liquidating any indebtedness it owes the Bank. Prohibits institutions which withdraw from the Federal Home Loan Bank System from reentering, except in consequence of receiving FSLIC insurance of accounts. Sets December 31, 1987, as the deadline for applying for membership for current nonmembers and newly chartered institutions.
United States · United States Congress · 1 October 1981
Expresses the support of the Senate for the growing acceptance of principles of freedom and democracy in Poland. Commends the President for extending agricultural credits and aid to Poland. Urges the President to develop a policy toward Poland commensurate with U.S. concerns, to extend additional agricultural credits to Poland, and to press other countries to assist Poland.
United States · United States Congress · 29 September 1981
Amends the Employee Retirement Income Security Act of 1974 to provide that certain fiduciary duties under such Act shall be deemed satisfied by investments in residential housing mortgages that provide adequate security and a reasonable rate of interest. Exempts from specified prohibitions under such Act the placing, investing, or purchase of a mortgage secured by residential housing property if such investment or sale: (1) is adequately secured; (2) is made in accordance with specific provisions regarding such loans set forth in the employee benefit plan; and (3) bears a reasonable rate of interest.
United States · United States Congress · 29 September 1981
Amends the Defense Production Act of 1950 to authorize the Office of Management and Budget to exempt from cost accounting standards such classes or categories of defense contractors or subcontractors under contracts negotiated in connection with national defense procurements as the Director of the Office of Management and Budget determines, on the basis of the size of contracts involved or otherwise, are appropriate.
United States · United States Congress · 15 September 1981
Expresses the disapproval of Congress of the Federal Trade Commission's final rule relating to used motor vehicles submitted to Congress on September 10, 1981.
United States · United States Congress · 11 September 1981
Declares that the President of the United States, the Senate and the Senate Committee on Banking, Housing, and Urban Affairs should assure that the specific provisions of the Federal Reserve Act providing for agricultural, commercial, and broad regional representation on the Board of Governors are followed.
United States · United States Congress · 10 September 1981
Amends the Internal Revenue Code to impose an additional excise tax on cigarettes. Amends title XVIII (Medicare) of the Social Security Act to appropriate revenues from such additional tax to the Federal Hospital Insurance Trust Fund.
United States · United States Congress · 31 July 1981
Amends the Mineral Land Leasing Act of 1920 and the Mineral Leasing Act for Acquired Lands to expand the application of such Acts to include gilsonite and all vein-type solid hydrocarbons. Provides that acreage in special tar sand areas shall not be chargeable against State acreage limitations applicable to oil and gas lease holders. Defines a special tar sand area as an area designated by the Secretary of the Interior as containing substantial deposits of tar sand. Provides that oil and gas lands within a special tar sand area shall be leased by competitive bidding in units of not more than 5,120 acres. Provides that competitive leases in special tar sand areas shall be for a primary term of ten years. Directs the Secretary to review, prior to the commencement of commercial operations, the royalty rates established in each combined hydrocarbon lease issued in special tar sand areas. Permits the owner of: (1) an oil and gas lease issued prior to the enactment of the Combined Hydrocarbon Leasing Act of 1981; or (2) a valid claim to any hydrocarbon resources leasable under the Act based on a mineral location made prior to January 21, 1926, and located within a special tar sand area to convert such lease or claim to a combined hydrocarbon lease for a primary term of ten years. Provides that nothing in this Act shall: (1) affect the existing tax status applicable to production from tar sand; or (2) apply to national parks, national monuments, or other lands where mineral leasing is prohibited. Directs the Secretary of the Interior to apply this Act to any unit of the national park system where mineral leasing is permitted, unless there is a finding that there will be significant adverse impacts on such unit or on other contiguous units.
United States · United States Congress · 31 July 1981
Changes from 90 to 180 days the time limitation under which the President may order members of the Selected Reserve to active duty other than during war or national emergency. Increases from 100,000 to 250,000 the number of members who may be so ordered. Authorizes the President, during such period, to suspend applicable law relating to promotion, retirement, or separation. Directs the President to give Congress written notification of any national security reasons requiring the extension of the time limit.
United States · United States Congress · 30 July 1981
Amends the Federal Alcohol Administration Act to require any bottled beverage intended for interstate commerce containing at least 24 percent alcohol to bear a health warning on the label.
United States · United States Congress · 23 July 1981
Tobacco Deregulation Act of 1981 - Title I: Repeal of Programs Concerning Price Support For and the Marketing of Tobacco - Amends the Agricultural Act of 1949 and the Agricultural Adjustment Act of 1938 to repeal specified programs concerning tobacco, including: (1) price supports; (2) parity payments; (3) review and adjustment of quotas; and (4) marketing quotas. Amends the Agricultural Trade Development and Assistance Act of 1954 and the Commodity Credit Corporation Charter Act to prohibit agricultural commodity assistance for tobacco. Amends the Agricultural Adjustment Act to prohibit the Secretary of Agriculture from issuing any orders that regulate the handling of tobacco. Makes such provisions applicable to the 1982 and subsequent crops of tobacco. Title II: Withdrawal of Consent Relating to Compacts Among States for Regulating Tobacco Production and Commerce - Repeals provisions relating to compacts among States providing for the control of production of, or commerce in, tobacco within such States. Withdraws Congressional consent to such compacts. Title III: Tobacco Inspection and Related Services - Amends the Tobacco Inspection Act to direct the Secretary of Agriculture to collect fees from specified persons for the inspection, certification, and other services concerning tobacco at designated auction markets. Requires that such fees cover the cost of such services. Makes such provisions effective July 1, 1981. Title IV: Warehouse Examination, Inspection, and Licensing - Amends the United States Warehouse Act to direct the Secretary to collect a fee for examinations and inspections of agricultural product warehouses that covers the costs of providing such services. Authorizes appropriations to carry out the provisions of such Act. Makes the above provisions effective October 1, 1982. Title V: Increased Tax on Cigars and Cigarettes - Amends the Internal Revenue Code to increase the excise tax on cigars and cigarettes.
United States · United States Congress · 15 July 1981
Radiation Exposure Compensation Act of 1981 - Makes the United States liable for damages to: (1) certain individuals who resided in the vicinity of or worked on the Nevada nuclear test site and were exposed to low-level radiation during specified periods; and (2) certain uranium miners in Colorado, New Mexico, Arizona, and Utah who died from or contracted acute leukemia, lung cancer, or other cancer identified by the Advisory Panel on the Health Effects of Exposure to Radiation and Uranium. Extends such liability for damage to specified sheep herds caused by the Nancy nuclear detonation or the Harry nuclear detonation. Bars actions for damages under this Act after a specified date. Grants exclusive original jurisdiction to the appropriate district court for actions under this Act. Establishes, within the Department of Health and Human Services, an Advisory Panel on the Health Effects of Exposure to Radiation and Uranium. Directs the Advisory Panel to identify those cancers and diseases that are more likely to develop in human beings after exposure to low-level radiation or after working in uranium mines. Directs the Secretary of Health and Human Services to appoint such personnel as may be necessary to enable the Advisory Panel to carry out its functions under this Act. Requires that the Administrator of the General Services Administration shall provide such administrative support services as the Advisory Panel may request. Directs the Advisory Panel to report its findings to Congress within one year. Exempts the Advisory Panel from the provisions of the Federal Advisory Committee Act. Authorizes appropriations to carry out the provisions of this Act. Amends the Public Health Service Act to direct the Secretary to assess the adverse health effects resulting from the atomic weapons test program at the Nevada test site. Transfers to the Department of Health and Human Services all functions of the Department of Energy concerning the health effects of radiation on human beings.
United States · United States Congress · 15 July 1981
National Oil Shale Leasing Act of 1981 - Amends the Mineral Leasing Act to revise the authority of the Secretary of the Interior to lease lands containing oil shale deposits. Permits such leases to exceed 5120 acres of land if necessary to permit long-term commercial operations. Increases the number of such leases which may be held to two in any State and four nationwide. Permits the acquisition of one additional lease in a State by a lessee who has achieved commercial production in both existing leases and is within ten years of exhausting the reserves on one of the leases. Authorizes the unlimited issuance of leases to avoid bypassing small acreages of oil shale resources which otherwise could not be mined economically. Authorizes the Secretary to issue leases to allow the extraction of minerals in addition to oil shale. Authorizes lessees of oil shale lands to lease additional lands for support operations. Prohibits mining on such additional lands. Authorizes the Secretary to issue such additional leases after considering the need for such lands, the environmental impact, and the public interest. Requires the lease to include provisions for protection of the environment and other resource values and the payment of rent. Provides for the judicial review of a decision of the Secretary to lease lands containing oil shale. Amends the Department of Energy Organization Act to transfer from the Secretary of Energy to the Secretary of the Interior functions relating to fostering competition for Federal leases, the establishment of diligence requirements for operations conducted on Federal leases, setting rates of production for Federal leases, and specifying the procedures, terms, and conditions for the acquisition and disposition of Federal royalty interests taken in kind. Terminates the Leasing Liaison Committee established under such Act.
United States · United States Congress · 8 July 1981
Directs the Postmaster General to issue a commemorative postage stamp to honor the seventieth anniversary of the founding of the Girl Scouts of the United States of America. Provides that such stamp shall be issued in the denomination used for first-class mail up to one ounce in weight and shall be placed on sale on March 12, 1982.
United States · United States Congress · 25 June 1981
Excludes from the Federal law limiting and restricting the corporate powers of national banking associations to deal in, and underwrite, investment securities specified dealings in, and underwriting of, all other nongeneral obligations issued or guaranteed by or on behalf of a State or any political subdivision thereof (except special assessment obligations and industrial revenue bonds) which are at the time eligible for purchase by a national bank for its own account, subject to specified limitations. Requires the Secretary of the Treasury to submit an annual report to the Congress showing the extent to which the business of underwriting and dealing in State and local obligations is being carried on by commercial banks as compared with other banking institutions with a view to determining the effect of the provisions of this Act on the institutional distribution of such business.
United States · United States Congress · 24 June 1981
Amends the Investment Company Act of 1940 to permit a bank, a bank holding company or a subsidiary thereof, a savings and loan association, a savings bank, or a credit union to: (1) organize, sponsor, operate, control, or render investment advice to an investment company; or (2) underwrite, distribute, sell, or issue securities of any investment company if certain standards are met. Sets forth procedures to ensure compliance with such standards.
United States · United States Congress · 22 June 1981
Credit Deregulation and Availability Act of 1981 - Title I: Business and Agricultural Credit - Amends the Depository Institutions Deregulation and Monetary Control Act of 1980 to eliminate the current Federal rate ceiling for business and agricultural loans. Permits a State to reject Federal preemption of State usury ceilings on such loans within three years of the effective date of this Act. Makes Federal preemption applicable to certain activities in connection with credit agreements entered into during the preemption period, if the credit is extended within 18 months of the effective date of the State law rejecting preemption. Title II: Consumer Credit - Preempts all State usury laws in connection with extensions of consumer credit made by a creditor. Permits a State to reject such Federal preemption within three years of the effective date of this Act. Includes a transitional provision where a State rejects Federal preemption, applicable to open-end credit transactions where the credit is extended within 18 months of the effective date of the State law rejecting preemption. Authorizes the Board of Governors of the Federal Reserve System to publish Board interpretations regarding the scope and application of such provisions. Title III: Federal Credit Unions - Authorizes the boards of directors of Federal credit unions to establish interest rates. Title IV: Effective Date - Makes this Act effective upon the date of enactment.
United States · United States Congress · 17 June 1981
Family Protection Act - States as the purposes of this Act the strengthening of the American family and the elimination of governmental policies which diminish its strength and prosperity. Title I: Family Preservation - Establishes a legal presumption in favor of an expansive interpretation of the parents' role in supervising and determining the religious or moral formation of their child. Requires the notification of parents or guardians before a federally-funded program, project, or entity may provide contraceptive or abortion services to an unmarried minor. Prohibits Federal preemption of State laws relating to child or spousal abuse or juvenile delinquency. Prohibits the expenditure of Federal funds for child abuse programs in any State unless the legislature of such State has specifically authorized such programs. Defines "child abuse and neglect" as physical or mental injury, sexual abuse or exploitation, negligent treatment, or maltreatment. Excludes from such definition discipline or corporal punishment applied by a parent or an individual authorized to act in the place of such parent. Amends the Legal Services Corporation Act to prohibit legal assistance for any proceeding or litigation: (1) to compel an abortion or State or Federal funding for an abortion; (2) to obtain a divorce; or (3) to adjudicate the issue of homosexual rights. Directs the Secretary of the branch of the Armed Forces concerned to deduct from the monthly pay and allowances of a member of such Armed Forces who is living separately from his or her dependents an amount sufficient to provide for the support of such dependents. Prohibits the use of Federal funds by any organization which advocates, promotes, or suggests male or female homosexuality as a life style. Title II: Taxation - Amends the Internal Revenue Code to allow a taxpayer an income tax deduction for contributions to a savings account established to pay his expenses or those of a dependent at an educational institution (pre-school through college). Limits the amount of such deduction to $2,500 for a taxable year and permits only one account to be established on behalf of any individual. Provides for an inflation adjustment of such amount, based on the Consumer Price Index. Exempts from income taxation any distributions from such accounts which are used exclusively to meet the educational expenses of the dependent child. Treats qualified distributions as income to the beneficiary for the taxable year in which the beneficiary attains age 25, and for each of the following nine years, in successive installments equal to ten percent of the total amount of such distributions. Grants tax-exempt status to certain private educational institutions. Provides for the termination of the tax exemption of a school which is found to discriminate in the hiring of teachers or the admission of students on the basis of race, nationality, or ethnic background. Allows individuals who maintain a household which includes a dependent who has reached age 65 a nonrefundable income tax credit not in excess of $250 for the taxable year. Allows such individuals to take an income tax deduction in lieu of the credit. Limits the amount of such deduction to $1,000 for the taxable year. Allows an income tax deduction for contributions to a trust established by a taxpayer to provide care to such taxpayer's parents or handicapped relatives. Limits the amount of such deduction to $3,000 for a taxable year. Provides for the tax exemption of such trusts. Permits married individuals to compute on a separate basis the maximum retirement savings deduction to which each individual is entitled. Permits a maximum deduction of $3,000 for a spouse who is handicapped. Grants tax-exempt status to organizations providing day care for children. Allows contributors to a tax-exempt day care center to claim a business expense deduction for contributions not deductible as a charitable contribution. Allows an additional personal tax exemption of $1,000 for each child born to or adopted by a taxpayer during the taxable year. Permits an exemption of $3,000 for the adoption of a handicapped child over the age of three whose parents are not of the same race or for a child born to the taxpayer who is handicapped. Permits an income tax deduction from gross income for fees, court costs, attorney's fees, and other necessary expenses incurred in the adoption of a child. Limits the amount of such deduction to a maximum of $3,500 ($4,500 for an international adoption), with a $500 deductible. Title III: Education - Amends the General Education Provisions Act to prohibit payments under such Act to Federal, State, or local educational agencies or institutions which: (1) prohibit the involvement of parents and representatives of the community in decisions relating to the establishment or continuation of religious studies; (2) limit parental visits to public schools or classes or the right of parents to inspect their children's school records; (3) require the payment of dues or fees as a condition of employment for teachers; or (4) prohibit parental review of textbooks prior to their use in the classroom. States that no Federal funds may be made available for textbooks which do not reflect a balance between the status role of men and women and do not contribute to the American way of life. Guarantees the right of any State or local educational agency to set qualifications for teachers, set attendance requirements for students, and to limit or prohibit the intermingling of sexes in sports or other school-related activities. Amends the National Labor Relations Act to exclude from the definition of "employer" any corporation or association operating a school. Amends the Elementary and Secondary Education Act of 1965 to authorize appropriations for the payment of allotments to States for the financing of elementary and secondary school programs. Directs the Secretary of Education to terminate the payment of such allotments if the programs for which funds are paid no longer comply with specified requirements. Permits judicial review of any finding of the Secretary with respect to applications for funding or termination of payments to a State. Prohibits the exercise of Federal control over the curriculum, administration, or personnel of any State or local school system. Repeals certain titles of such Act providing: (1) financial assistance to meet special educational needs of children; (2) basic skills improvement; (3) special projects; (4) educational improvement, resources, and support; (5) bilingual education programs; and (6) additional special programs. States that nothing in this Act or in other Federal law shall prohibit release time for parenthood education to be conducted by churches or parents. Amends the Legal Services Corporation Act to prohibit legal assistance in any proceeding or litigation relating to racial quotas or the desegregation of elementary or secondary schools. Title IV: Voluntary Prayer and Religious Meditation - Voluntary Prayer and Religious Meditation Act of 1981 - States that individuals shall have the right to participate in voluntary prayer or religious meditation in any public building or other building supported by Federal funds. Prohibits Federal, State, or political subdivisions from abridging the free exercise of such prayer or meditation. Authorizes civil actions for violations of this title. Title V: Rights of Religious Institutions and Educational Affiliates - Prohibits the Federal Government from imposing legal requirements upon the operation of a church organization which sponsors a child care center, orphanage, foster home, social action training program, emergency shelter for abused children or spouses, school, or juvenile delinquency or drug abuse treatment center or home. Title VI: Miscellaneous - Grants jurisdiction to United States district courts to hear any cases arising under this Act. Provides for a six-year statute of limitations on actions brought under this Act. Requires the Secretary to report to Congress on the administration of this Act and the progress of the States in effectuating its provisions. Authorizes appropriations to carry out the provisions of this Act.
United States · United States Congress · 11 June 1981
Amends title IX of the Education Amendments of 1972 (Prohibition of Sex Discrimination) to restrict the scope of such title to students. Limits the applicability of such title to those educational programs or activities which themselves receive Federal financial assistance which a Federal agency is expressly authorized by statute to extend by grant, loan, or contract (other than a contract of insurance or guaranty). Makes such title inapplicable to any educational program or activity on the basis that a student receives Federal financial aid, regardless of whether such aid is received through the institution. Applies the discrimination prohibition to any institution which has substantial responsibility for administering a Federal student aid program and has discretion to determine the receipt of assistance. Applies such title to admissions to institutions conducting federally assisted programs or activities.