United States · United States Congress · 26 September 1977
Tuition Tax Credit Act - Amends the Internal Revenue Code to allow a credit against an individual's income tax in an amount equal to 50 percent of the sum of the amounts paid by him to educational institutions as tuition (though no more than $500 for any single individual) for the attendance of the taxpayer, the taxpayer's spouse, or any of his dependents with respect to whom he is entitled to a personal exemption.
United States · United States Congress · 16 September 1977
Amends the Emergency Petroleum Allocation Act of 1973 to establish special first sale prices for crude oil which is owned by a State or political subdivision thereof.
United States · United States Congress · 5 August 1977
Rehabilitation Amendments - Amends the formula for allocating funds among the States for basic vocational rehabilitation services under the Rehabilitation Act of 1973.
United States · United States Congress · 5 August 1977
Amateur Sports Act - Title I: Declaration of Policy - Makes findings and states the policy of Congress to promote and protect amateur athletics. Title II: Amateur Sports Organization - Olympic Committee Charter Amendments Act - Amends the Olympic Committee's corporate charter to authorize it to certify and oversee national governing bodies for each sport which will negotiate and regulate United States participation in international amateur sporting events (except Olympic and Pan-American games), as well as promote domestic competitions. Authorizes the Secretary of Commerce to lend financial assistance to the Committee in developing amateur athletics in the United States. Authorizes appropriations for carrying out the work of the national governing bodies. Title III: Athletes' Rights to Participate - Amateur Athlete's Bill of Rights Act - Provides that no athlete, school, organization, coach, trainer or the like shall be censured or deprived of the right to participate in international sporting events by a national governing body absent reasonable cause, or after participation is approved by a national body. Provides for enforcement of these rights, and for binding arbitration of disputes, through the American Arbitration Association and the United States district courts.
United States · United States Congress · 5 August 1977
Amends the definition of "employee" under the Longshoremen's and Harbor Workers' Compensation Act to specify the coverage of such Act with respect to persons engaged in the manufacture, sale, repair, or service of recreational or fishing boats.
United States · United States Congress · 4 August 1977
Expresses the displeasure of the Senate toward any policy of the Internal Revenue Service which changes through administrative interpretation long-standing applications of the internal revenue laws. Expresses the sense of the Senate that the Internal Revenue Service refrain from changing its policy with respect to taxation of benefits given to employees, without submission of any proposed changes to Congress.
United States · United States Congress · 1 August 1977
Regulatory Flexibility Act - Requires Federal agencies to: (1) assess the costs of private information collection and compliance which are or would be imposed by existing or proposed agency rules; (2) compare such impositions with the importance of the public policy achieved or to be achieved by such rules; and (3) determine whether such rules should apply to the same extent to individuals, and organizations of various sizes and resources. Requires, in the event that it is determined that such proposed rules, will have a substantial effect on any significant number of small businesses, that such rules be submitted to the Office of Advocacy of the Small Business Administration. Requires such Office to comment on the impact of such proposed rules on smaller enterprises. Requires such comments to be made public and available to Federal personnel responsible for reviewing such rules. Directs that proposed rules be issued in two or more parts when the analysis of such rules indicates the desirability of applying varying requirements for performance or reporting depending on the resources of the organization or individual required to comply with such rules.
United States · United States Congress · 1 August 1977
Amends Title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act to require States having agreements for coverage of their employees under the system of insurance established by such Title to make payments and reports on a calendar-quarter basis.
United States · United States Congress · 27 July 1977
Foreign Surveillance Prevention Act - Directs the President, whenever an individual with diplomatic immunity is engaged in electronic surveillance for a foreign power: (1) to inform certain Members of Congress; (2) to inform the targets of the surveillance unless to do so would compromise intelligence gathering by the United States; (3) to demand that such surveillance cease unless to do so would compromise intelligence gathering by the United States; and (4) to declare such individual to be persona non grata if the surveillance is not ceased and to demand that such individual leave the United States unless to do so would seriously damage national security.
United States · United States Congress · 26 July 1977
Requests the Secretary of Health, Education, and Welfare to hasten the assembly of data and expedite the reviews and consideration precedent to the introduction of sodium valproate for the treatment of epilepsy in the United States.
United States · United States Congress · 20 July 1977
Developing Institutions Endowments Act - Amends the Higher Education Act of 1965 to authorize grants to developing institutions of higher learning to establish endowments for such institutions.
United States · United States Congress · 19 July 1977
Amends the Hazardous Materials Transportation Act to authorize appropriations in such amounts as may be necessary to carry out the provisions of such Act for fiscal year 1979.
United States · United States Congress · 19 July 1977
Amends the Natural Gas Pipeline Safety Act of 1968 to authorize the appropriation of such sums as are necessary to carry out such Act for fiscal year 1979.
United States · United States Congress · 19 July 1977
Directs the Secretary of the Treasury to pay a specified sum to a certain association in full settlement of such association's claims against the United States.
United States · United States Congress · 15 July 1977
Amends the Agricultural Act of 1949 to establish a price support for sugar beets and sugarcane at a level not in excess of 90 percent nor less than 60 percent of the parity price of processed sugar products.
United States · United States Congress · 15 July 1977
National Crude Oil Supply and Transportation Act - Expresses the intent of Congress that the continuation of a transportation system to deliver Alaskan crude oil to Northern Tier or inland States be accomplished through expedited administrative procedures. Directs the Secretary of the Interior to establish a time schedule for the completion of required environmental impact statements in order to select a crude oil transportation system by February 1, 1978. Establishes criteria to be considered by the Secretary in selecting a transportation route. Directs the Secretary and other appropriate Federal officials to take all actions necessary to provide rights of way, permits, leases, and other authorizations necessary for the construction, operation, and maintenance of the transportation system approved under this Act. Declares that the actions of Federal officers and agencies under this Act shall not be subject to judicial review by the courts. Allows for claims that: (1) actions under this Act will deny Constitutional rights; and (2) actions taken are beyond the scope of authority conferred by this Act, provided that such claims are filed within 60 days following the date of the challenged action. Vests exclusive jurisdiction to hear such claims in the United States Court of Appeals for the District of Columbia, acting as a special court. Stipulates that any judicial proceedings should be completed at the earliest possible date. Declares that nothing in this Act shall authorize or imply an exemption from provisions of the antitrust laws.
United States · United States Congress · 14 July 1977
Title I: Procurement - Authorizes supplemental appropriations for fiscal year 1978 for the procurement of aircraft and missiles by the Air Force. Title II: Research, Development, Test and Evaluation - Authorizes supplemental appropriations for fiscal year 1978 for research, development, test, and evaluation by the Air Force and the Defense agencies.
United States · United States Congress · 29 June 1977
Optional Educational Simplification Act - Declares the purpose of this Act to be to provide an optional program of consolidation and simplification of certain Federal assistance programs to State and local educational agencies, and to provide such agencies with greater flexibility in the use of such assistance. Title I: Special Needs Programs - Directs States desiring to participate in such a program to design their programs to; (1) meet the special educational needs of children from low income families; (2) provide health, nutritional, and educational services of such children, including preschool children and those previously enrolled in Headstart or Follow Through programs; (3) meet the educational needs of migratory children, including preschool children; (4) meet the educational needs of handicapped children, and establish standards for such programs; and (5) provide bilingual instruction for children with limited English speaking ability, and such instruction and bilingual vocational training programs for adults. Specifies how a State shall allocate funds to local educational agencies for each of such programs under this Title. Title II: Vocational, Adult, and Continuing Education and Employment Training - Authorizes Federal grants to assist States to; (1) extend programs of vocational, homemaking, and consumer education; (2) develop new programs of vocational education; (3) develop and carry out programs to overcome sex discrimination and sex stereotyping in vocational education programs; and (4) provide part-time employment for youths in order for them to continue vocational training. Sets forth the programs for which funds provided under this Title may be used. Requires a State desiring to participate in such consolidation program authorized by such Act to develop programs for adult basic education and for children in adult correctional institutions. Requires a participating State to show how its education training programs relate to manpower programs established under the Comprehensive Employment and Training Act of 1973. Authorizes to be appropriated for each fiscal year ending prior to October 1, 1982, funds for such programs. Provides for the distribution of Federal funds to local educational agencies by the States for programs under this Title, and defines how they are to be allocated. Title III: Special Emphasis Projects - Requires a participating State to provide funds to local educational agencies for: (1) school library resources; (2) instructional equipment; (3) model elementary and secondary school programs; (4) counseling, testing, and guidance services; (5) nutrition and health services in low income area elementary and secondary schools; (6) programs aimed at lowering the dropout rate in secondary schools with high dropout rates; (7) strengthening the leadership resources of State and local educational agencies; (8) encouraging the use of the metric system; (9) education of gifted children; (10) career education; (11) educational equity for women; (12) drug and alcohol abuse projects; (13) curriculum materials on American ethnic groups and their contributions; (14) the Teacher Corps; (15) programs aimed at children with reading deficiencies; and (16) environmental activities. Directs that local educational agencies establish the needs and priorities of such programs. Provides for the allocation of State funds under this Title to local agencies. Title IV: General Provisions - Provides for the reserving of certain funds from the amounts appropriated to carry out programs consolidated by such Act, and the allocation of such reserved funds among those States participating in the consolidation program. Directs the United States Commissioner of Education to pay to each participating State an amount equal to the amount expended in that State for carrying out the State plan adopted pursuant to this Title. Provides for a participating State to receive a planning grant for use in preparing the comprehensive plan required by such Act. Authorizes appropriations for each fiscal year ending prior to October 1, 1981, to make these planning grants. Requires a State desiring to receive a grant for such consolidation program to; (1) designate a State agency to administer the financial assistance made available under this Act; (2) develop a four-year plan with an annual update; and (3) submit such plan or update to the Commissioner for his approval. Authorizes grants to States for the costs of administering the consolidation program. Requires a participating State to establish certain procedures for use in developing its comprehensive plan designed to assure: (1) the identification of children and adults with special educational and vocational needs; (2) determination of priorities by local education agencies; (3) participation of interested citizens, local government units, appropriate State agencies in the development of the plan; (4) coordination of consolidation funds with State, local, and other Federal funds extended for similar purposes; and (5) publication of the final plan or annual update. Deems a State plan to meet the necessary requirements if it includes; (1) the goals and program objectives; (2) the assessments of needs determined above; (3) the types of individuals to be served and the estimated enrollment of each program; (4) procedures to assure the proper distribution of funds as authorized by such Act; (5) a description of the program's administrative structure; (6) procedures for monitoring the local educational agencies; (7) procedures that the State will use to insure that any local educational agency receiving funds under such Act will annually develop or update a comprehensive plan for the use of such funds; (8) procedures for auditing local educational agency expenditures under such Act; (9) Minimum expenditures of funds from non-Federal sources; (10) procedures to assure that funds made available under such Act supplement and not supplant State and local funds; (11) due process procedures, including withholding of funds, available to a State against a local educational agency which has failed to implement a comprehensive program plan; and (12) an appeal process within the State for a local educational agency dissatisfied with such State's compliance with such Act. Provides for an annual evaluation of a State's program by the Commissioner. Authorizes the Commissioner to conduct annual monitoring programs of States' programs, and to establish procedures to rectify areas of noncompliance. Directs the Commissioner to provide technical assistance upon request of State and local educational agencies. Directs the Commissioner to issue grants to participating States for interstate programs of educational research and planning, and common administrative problems. Authorizes appropriations of $3,000,000 for each of the fiscal years ending prior to October 1, 1982, to carry out such provision. Directs that the consolidation program authorized by this Act be administered by a separate Federal administrative unit to be established within 60 days after enactment of this Act. Provides the Commissioner with certain enforcement procedures against participating States, and provides such States with judicial recourse against such action. Authorizes the use of funds paid to a State under this Act for construction purposes where such construction funds would have been available under a program consolidated under this Act. Subjects funds made available under this Act to certain civil rights requirements. Provides the Secretary of Health, Education, and Welfare with certain enforcement procedures against local educational agencies not in compliance with such requirements. Provides for the participation of eligible children in private nonprofit elementary and secondary schools and Indian tribal schools in the programs authorized under this Act.
United States · United States Congress · 27 June 1977
Federal Officials' Antidefamation Act - Renders a person who with actual malice, makes a false and defamatory communication concerning a Federal official liable for damages in a Federal court defamation suit.
United States · United States Congress · 21 June 1977
Small Business Economic Policy and Advocacy Reorganization Act - Title I: Advocacy and Economic Research and Analysis - Amends the Small Business Act to establish the following Associate Administrator positions within the Small Business Administration (SBA): (1) Associate Administrator for Minority Assistance; (2) Associate Administrator for Finance; (3) Associate Administrator for Procurement Assistance; (4) Associate Administrator for Advocacy and Economic Research and Analysis; and (5) Associate Administrator for Investment. Establishes within the SBA the Division of Advocacy, Economic Research and Analysis. Sets forth the functions of the Associate Administrator in charge of such division, including the making of recommendations for policy and program improvements benefitting small business, and the building of a comprehensive small business economic data base. Title II: Declaration of Small Business Investment Policy - Enunciates a national small business economic policy which requires the coordination of planning among Federal departments and agencies in order to propose incentives to help assure that small business needs are met through private sector investments. Title III: Small Business Economic Policy Report - Requires that the President annually assess the capital investment needs of small business and report such findings to Congress. Title IV: Small Business Economic Council - Creates the Small Business Economic Council, headed by the SBA Administrator, with the Secretaries of the Treasury, Commerce, Labor,and Agriculture, and the Chairmen of the Federal Reserve Board, the Securities and Exchange Commission, the Federal Trade Commission, and the Council of Economic Advisers as members. States that the Council shall advise the President on the impact of Federal policies and programs on small business, and work to maximize cooperation between the SBA and other Federal departments and agencies. Title V: Small Business Administrator - Raises the office of Small Business Administrator to executive level I. Title VI: Small Business Credit Information - Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation and other specified bank regulatory agencies to disclose, through quarterly reports, the volume of commercial bank credit extended to commercial and industrial borrowers.
United States · United States Congress · 20 June 1977
Amends Title XVI (Supplemental Security Income for the Aged, Blind, and Disabled) of the Social Security Act to provide that the income and resources of an individual who sponsors an alien for admission to the United States shall be imputed to such alien during the period of sponsorship, but not longer than three years, for purposes of determining eligibility for benefits under the Supplemental Security Income program. Exempts from the requirements of such Act aliens who became blind or disabled after the date of their admission to the United States.
United States · United States Congress · 16 June 1977
Emergency Product Liability Act - Title I: General Provisions - Expresses the sense of Congress that it is necessary to provide national standards for product liability litigation in order to reduce the effects of the product liability crisis. Title II: Limitations of Product Liability Litigation - Limits the time for commencing product liability actions to two years after the date upon which the injury was sustained or discovered and prohibits the commencement of any action later than seven years after the date upon which the product was purchased. Exempts manufacturers and sellers of products from liability for damages caused by misuse of a product or modifications of a product made subsequent to manufacture or sale without the consent of the manufacturer or seller. Exempts manufacturers or sellers of products from liability for injuries or damages caused by a product when the plan or design, or the methods, standards, or techniques of manufacturing the product conform with the prevailing state of the art applicable to the product. Title III: Relation to State Law - Preempts any State law which is inconsistent with the provisions of this Act. Directs the Secretary of Commerce to exempt from the coverage of this Act any State which adopts the provisions of this Act.
United States · United States Congress · 8 June 1977
Amends the Internal Revenue Code to provide heads of households with the same zero bracket amount (i.e., standard deduction) previously available to married persons.
United States · United States Congress · 7 June 1977
Amends the Federal Food, Drug, and Cosmetic Act to establish within the Department of Health, Education, and Welfare a safety review panel. Directs such panel to evaluate and approve the results of tests conducted to determine the safety of potentially carcinogenic food additives. Stipulates that regulations concerning such additives shall be ineffective unless such panel has first determined that such regulations are necessary.
United States · United States Congress · 6 June 1977
Declares it the sense of the Senate that there should be no diplomatic recognition of Cuba or lifting of the trade embargo against Cuba until Congress has determined that Cuba has (1) made compensation for United States property expropriated in 1959 (2) released and repatriated United States prisoners held on political charges, (3) demonstrated progress toward the observance of human rights, (4) withdrawn Cuban troops and military advisors from Africa, and (5) assured the United States of cooperation in hijacking situations, and (6) assured the United States of the security of the United States Naval Base at Guantanamo Bay.
United States · United States Congress · 26 May 1977
Western States Conservation Act - Amends the Soil Conservation and Domestic Allotment Act to expand the present Great Plains area soil conservation program to include the seven Western States of Arizona, California, Idaho, Nevada, Oregon, Utah, and Washington. Permits conservation plans submitted to the Secretary of Agriculture by land owners and operators to include measures for improving irrigation systems to conserve water. Removes the present $300,000,000 ceiling on authorizations for such programs. Requires land owners or operators contracting with the Secretary to agree to forfeit all rights to payments for losses sustained because of natural disaster if such losses were sustained in connection with lands on which permanent conservation measures had been installed under a contract with the Secretary and such measures were destroyed by the owner or operator after expiration of such contract.
United States · United States Congress · 23 May 1977
Protection of Children Against Sexual Exploitation Act - Prohibits the sexual exploitation of children by making it unlawful for any person to knowingly use or cause any minor to engage in or assist in any sexual act for the purpose of promoting any film, photograph or other visual medium. Makes it unlawful for any parent, guardian or person having control over a minor to knowingly permit such minor to engage in sexually explicit conduct. Imposes a fine of $10,000 and/or imprisonment up to ten years for a violation of this Act.
United States · United States Congress · 18 May 1977
Amends the Marine Mammal Protection Act of 1972 to require the Secretary of Commerce or of the Interior, as appropriate to the respective jurisdiction of each under such Act to issue permits for the taking of marine mammals in specified numbers incidental to commercial fishing operations for yellowfin tuna during the 1977 and 1978 calendar years. Requires the Secretary to establish and maintain a program under which observers are placed aboard fishing vessels to collect data relevant to the conservation of porpoise stocks, and to observe the fishing methods and gear used in fishing for yellowfin tuna. Requires the Secretary to place such an observer aboard each fishing vessel of four hundred tons or more for each fishing trip. Prohibits the issuance of such permit for 1978 unless the permittee agrees to provide the Secretary with a suitable vessel with which to carry out further research regarding fishing gear and methods which will reduce the incidental taking of marine mammals and the conservation of porpoise stocks.
United States · United States Congress · 12 May 1977
Grants the Court of Claims jurisdiction to render judgments against the United States upon claims for losses other than lost profits sustained by producers, processors, manufacturers, distributors, dealers, or other persons resulting from the ban on apparel, fabric, yarn, or fiber containing Tris phosphate.
United States · United States Congress · 11 May 1977
Bikeway Transportation Act - Authorizes the Secretary of Transportation to make grants for 80 percent of the cost to States and municipalities of bikeway construction projects in urban territories or connecting such areas with national, State, or local parks, seashores or recreational areas. Requires such bikeway projects to be in accordance with a continuing comprehensive transportation planning process carried on cooperatively by States and local communities and in accordance with construction standards established by the Secretary.
United States · United States Congress · 26 April 1977
Requires that a separate sentencing hearing be held when a defendant is found guilty of, or pleads guilty to, an offense for which one of the possible sentences is death. Sets forth procedures for such hearings. Directs imposition of the death sentence where the jury or, upon approval by the court and the Government of a defense motion, the court alone finds that aggravating circumstances exist and outweigh any mitigating factors. Includes among mitigating factors (1) significant impairment of capacity to appreciate the wrongfulness of the conduct constituting the offense or to conform to the requirements of law; (2) youthfulness; and (3) substantial duress. Includes among aggravating factors (1) commission of the offense during the commission or attempted commission of one of enumerated crimes; (2) previous conviction of a Federal offense or of one of certain State offenses for which a sentence of life imprisonment or of death is authorized; (3) previous conviction of two or more violent felonies; (4) commission of the offense in any usually cruel manner or for consideration, and (5) commission of the offense against one of specified Federal or foreign officials. Prohibits the carrying out of a death sentence on a pregnant woman. Authorizes the imposition of a death sentence upon a person for gathering or delivering defense information to aid a foreign government only when specified weapon or defense systems are involved. Sets forth procedures and standards for court of appeal review of death sentences. Excludes from the procedures set forth in this Act prosecutions under the Uniform Code of Military Justice.
United States · United States Congress · 22 April 1977
Academic Freedom Act - Requires any regulation affecting any institution of higher learning to be published in the Federal Register and include an educational impact statement. Prohibits enforcement of any regulation which fails to maintain academic requirements for graduate or undergraduate admissions. Restricts the authority and enforcement powers of Federal officials with respect to educational programs or activities of institutions of higher education receiving Federal financial assistance.
United States · United States Congress · 22 April 1977
Authorizes the appropriation of $31,050,000 for FY 1978 for continuation of construction of distribution systems and drains on the San Luis unit, Central Valley project, California. Directs the Secretary of Interior to establish a task force to review the management and operations of such unit. Prohibits the Secretary from approving, without submission to Congress, any modification of the current water service contract or current repayment contract prior to completion of the task force report.
United States · United States Congress · 20 April 1977
Career Education Implementation Incentive Act - Authorizes the appropriation of specified sums for each of the fiscal years 1979 through 1983 for the purpose of providing Federal incentives to State and local educational agencies and institutions to develop and implement career education programs for individuals of all ages. Directs the Commissioner of Education to reserve certain funds appropriated under this Act to (1) support model programs and other special or demonstration projects and (2) allocate among specified territories of the United States. Sets forth a formula for the distribution of funds to each State. Requires an annual application containing specified assurances, to be submitted by each State desiring to receive funds under this Act. Directs each State to file with the Commissioner a State plan for the utilization of funds received under this Act. Sets for the factors each such plan must contain. Specifies the activities which may be funded by a State with money received under this Act including (1) providing State leadership career education through institutes, training programs, studies, and conferences; and (2) making grants to local educational agencies and to public and private nonprofit institutions of postsecondary education for the purpose of (a) improving career awareness, (b) developing and implementing career guidance services, (c) training of local career education coordinators and (d) establishing and operating career education resource centers. Directs that State grants to local educational agencies and institutions be made in as equitable a manner as possible, having due regard for the special needs of agencies and institutions serving large numbers of disadvantaged students. Authorizes the Commissioner to make grants directly to State and local educational agencies and institutions for the purpose of developing career education model programs. Directs the Commissioner to provide for (1) the maintenance and dissemination of career information; (2) the continuous analysis of career trends and options; (3) the publication of periodic reports containing career education information; and (4) the conduct of seminars, workshops, and career information sessions. Directs the Commissioner, to the extent practicable, to (1) utilize existing offices and research capabilities; (2) coordinate offices, centers and research facilities in carrying out his information responsibilities; and (3) use the career information capabilities of the education division. Sets forth the procedure and requirements to be followed by the Commissioner and each State when granting or receiving funds under this Act. Sets forth the duties and responsibilities under this Act of (1) The Office of Career Education; (2) The National Advisory Council on Career Education and (3) The National Institute of Education. Revises The National Advisory Council on Career Education membership requirements.
United States · United States Congress · 19 April 1977
Denies veterans' benefits to an individual whose discharge from military service during the Vietnam era under less than honorable conditions is administratively upgraded, under temporarily revised standards, to discharge under honorable conditions; but only when such veteran's claim for benefits is based solely on such upgraded discharge.
United States · United States Congress · 7 April 1977
Amends the Internal Revenue Code to allow the current deductions, rather than the capitalization and rapid amortization, of amounts paid or incurred in connection with the acquisition, construction, or erection of any certified pollution control facility.
United States · United States Congress · 18 March 1977
Child Exploitation Prevention Act - Prohibits the sexual exploitation of children by making it unlawful for any individual to (1) cause or permit a child to be photographed or filmed engaged in a sexual act prohibited under this Act; (2) photograph or film a prohibited sexual act; (3) knowingly transport any film or photograph depicting a prohibited sexual act; or (4) receive for sale or sell any such film or photograph, if such individual knows or should know such film or photograph has or may be transported in such a manner as to affect interstate or foreign commerce. Imposes a fine of up to $50,000 and/or imprisonment for up to 20 years for a violation of the sexual exploitation of children provisions of this Act. Imposes a fine of up to $25,000 and/or imprisonment for up to 15 years for a violation of the transportation of photographs and films of children engaged in sexual acts provisions of this Act.
United States · United States Congress · 17 March 1977
Authorizes to be appropriated funds for the Secretary of Health, Education and Welfare to conduct a study of the potential carcinogenic effects of saccharin. Directs the Secretary to submit a report on such study to the President and the Congress not later than 60 days after the study's completion. Prohibits any ban or restriction on saccharin in interstate commerce by the Secretary or any officer in the executive branch of the Federal Government for a period of three years.
United States · United States Congress · 15 March 1977
National Consumer Cooperative Bank Act - Title I: National Consumer Cooperative Bank - Establishes the National Consumer Cooperative Bank. States that the Bank shall (1) encourage the development of new and existing cooperatives eligible for its assistance by providing specialized credit and technical assistance; (2) maintain broad-based control of the Bank by its voting stockholders; (3) encourage broad-based ownership, control and active participation by members in eligible cooperatives; (4) assure that the net savings from its operations and the operations of borrowers from the Bank are made available or accounted for to the stockholders or members of the cooperative organization; and (5) assist in improving the quality and availability of goods and service to consumers. Authorizes the creation of no less than four nor more than 12 corporate regional banks. States that the Bank shall have the power to make and service loans, commitments for credit, guarantees, furnish financially related services, technical assistance, and issue obligations. Enumerates additional powers necessary to carry out its powers and duties under this Act. Requires the Bank to hold an annual meeting of stockholders. Permits the Bank to obtain funds through the public or private sale of its bonds, debentures, notes, and other evidences of indebtedness. Authorizes the Bank to make loans to eligible organizations which shall be repayable in not more than 40 years. States that the objective of the Bank shall be to provide the type of credit needed by eligible borrowers, at the lowest reasonable cost on a sound business basis, taking into account the cost of money to the Bank. Defines "eligible cooperatives" for purposes of assistance under this title. Title II: Self-Help Development Fund - Establishes in the Treasury a Consumer Cooperative Self-Help Development Fund. Permits the Cooperative Bank and Assistance Administration to make a capital investment advance out of the Fund to any eligible cooperative if the Administration determines that the applicants' initial or supplemental capital requirements exceed its ability to obtain a Title I Loan from the Bank or other sources, and the membership of the applicant consists substantially of low-income persons. Title III: Cooperative Technical Assistance - Directs the Cooperative Bank and Assistance Administration to make available information and services concerning the organization or reorganization of cooperatives to best achieve the objectives of this Act and to best provide the means through which various types of goods, services, and facilities can be made available to members and patrons. States that such assistance may include investigations, surveys, and director and management training and assistance. Authorizes appropriations to the Administration of sums necessary for the administration of this title. Title IV: The Cooperative Bank and Assistance Administration and General Provisions - Establishes the Cooperative Bank and Assistance Administration. Directs the Administration to assure that the objectives of this Act are carried out. States that until the stock of the Bank held by the United States has been fully retired the Bank shall be exempt from any form of taxation. Requires the Administration and the Board to report annually to the appropriate committees of Congress on the activities of the Administration and on the Bank's capital, operations, financial condition, the self-help development fund, and to make recommendations for legislation to improve its services.
United States · United States Congress · 10 March 1977
Small Business Development Center Act - Authorizes the Small Business Administration to make grants to universities to assist them in developing centers to provide small businesses with a broad range of advice, information, and assistance. Limits the amount of such grant to no more than 75 percent of the cost of eligible activities in the operation or development of the center, except for grants to regional centers assisting State centers in research or other high cost activities. Establishes a Small Business Management and Technical Assistance Division within the Small Business Administration to administer the Small Business Development Center program through a Deputy Associate Administrator. Establishes a Small Business Development Center Advisory Board composed of 14 members to advise and confer with the Deputy Associate Administrator for Management and Technical Assistance. Authorizes the Administration to make grants to universities, organizations, and business concerns to support research to solve problems which affect small business concerns.