United States · United States Congress · 22 January 1985
Unfair Foreign Competition Act of 1985 - Amends the Clayton Act to include a specified antidumping provision among U.S. antitrust laws. Amends the antidumping provision to allow any person who is injured in her or his property or business by the sale or importation of an article made in a foreign country to bring a civil action against the manufacturer, exporter, or importer of such article if: (1) the article is imported or sold in the United States at less than its foreign market or constructed value; and (2) such sale or importation causes or threatens material injury to U.S. industry or labor or prevents the establishment or modernization of U.S. industry. (Currently, the cause of such an action is predicated on the intent of the importer to injure or prevent the establishment of U.S. industry or to monopolize trade.) Restricts the district court jurisdiction of such an action to the District of Columbia. Entitles a prevailing plaintiff in such an action to recover: (1) compensatory damages (currently, treble damages) or appropriate equitable relief; and (2) legal expenses. Declares that the standard of proof in such an action is a preponderance of the evidence. Places the burden of proof for rebutting a prima facie case on the defendant. Includes within the meaning of prima facie case a finding by the International Trade Commission (ITC) that dumping exists. Authorizes the district court to: (1) issue subpoenas outside its judicial district if necessary; (2) enjoin importation of articles allegedly dumped pending the defendant's compliance with any court order; (3) review, in camera, confidential or privileged material; (4) accept material under seal; and (5) disclose such material. Requires expedited treatment of such actions. Sets a four-year statute of limitations for actions under this Act. Requires the foreign market value or constructed value of an article to include the amount of any subsidy provided to the manufacturer, producer, or exporter of the article. Expresses the sense of the Congress that this Act is consistent with the General Agreement on Tariffs and Trade.
United States · United States Congress · 22 January 1985
Amends the Internal Revenue Code to provide that the substantiation requirements for the deductibility of business expenses for passenger automobiles or other means of transportation shall be met by providing adequate records or sufficient corroborating evidence rather than contemporaneous records.
United States · United States Congress · 21 January 1985
Amends the Internal Revenue Code to provide that tax-exempt interest shall not be taken into account in determining the amount of social security benefits subject to tax.
United States · United States Congress · 21 January 1985
Expresses the sense of the Senate that the President should reconsider the rescission of funds for the Economic Development Assistance Programs and make the full amount available for obligation in FY 1985.
United States · United States Congress · 3 January 1985
Amends the Federal criminal code to define "armor-piercing ammunition." Excludes from the definition: (1) shot gun shot required by Federal or State regulations for hunting; (2) frangible projectiles for target shooting; and (3) projectiles that the Secretary of the Treasury determines are primarily intended for sporting purposes. Makes it unlawful for any person to manufacture or import armor-piercing ammunition. Allows for: (1) the manufacture or importation of armor piercing ammunition for the use of the United States or any State or local government; and (2) manufacture for the sole purpose of exportation. Establishes a licensing fee of $1,000 per year for manufacturers and importers of armor-piercing ammunition. Imposes an additional mandatory sentence of not less than five years for any person who uses or carries a firearm and is in possession of armor-piercing ammunition during the commission of a violent felony. Provides that such sentence shall not be suspended nor probation nor parole be granted.
United States · United States Congress · 3 January 1985
American Defense Education Act - Authorizes a national program to provide incentives to local educational agencies to improve: (1) instruction in mathematics, science, and communication skills, foreign languages, and technology; and (2) guidance and counseling. Title I: Elementary and Secondary Education Programs - Requires local education agencies which desire to participate in such national program to develop and carry out a program of improvement of instruction and student achievement. Sets forth requirements for such programs. Entitles participating local educational agencies to receive basic payments for each fiscal year equal to two percent of an established payment rate multiplied by the average daily attendance. Entitles agencies which show substantial evidence of meeting program goals to an incentive payment equal to an additional two percent of the established payment rate multiplied by the average daily attendance. Sets forth formulas for establishing such payment rate. Sets forth requirements for applications for payments. Directs the Secretary of Education to approve applications which meet such requirements. Title II: Teacher Training and Postsecondary Programs - Authorizes the Secretary to establish a program of grants to institutions of higher education for coordination between such institutions and local educational agencies in improving science and mathematics education, through precollege teacher training, development, and recruitment programs. Sets forth requirements for grant proposals and priorities in grant selection. Authorizes appropriations for FY 1987 through 1989 for such grants. Title III: Research to Improve Instruction - Directs the Secretary to administer, through the National Institute of Education (NIE) in consultation with appropriate Federal agencies, a program to support research and development into effective education in mathematics, the sciences, foreign languages, and technology. Authorizes appropriations in the Department of Education to be made available to NIE to carry out such educational research program for FY 1987 through 1989. Title IV: General Provisions - Directs the Secretary to administer the program and to pay each local educational agency with an approved application the amount to which it is entitled for each fiscal year under title I provisions. Provides for a joint survey and report to Congress by the Secretaries of Defense and Education, for each year from 1987 through 1990, on the academic achievement levels of U.S. 18-year-olds and the personnel training and educational needs of the armed forces.
United States · United States Congress · 3 January 1985
Federal Meat and Poultry Products Inspection Act of 1985 - Amends the Federal Meat Inspection Act and the Poultry Products Inspection Act to permit distribution in interstate commerce of certain State-inspected meat and poultry products. Continues the practice of barring such meats from international trade. Requires States to use official marks on meat and poultry products inspected under State law. Authorizes meat and poultry processing establishments to transfer from State to Federal inspection or vice versa on October 1 of each year upon the approval of the Secretary of Agriculture. Requires State-inspected products which are distributed in interstate commerce to meet Federal marking, labeling, packaging, and ingredient requirements.
United States · United States Congress · 3 January 1985
Title I: Amendments to Title 18, United States Code (18 U.S.C. 921-928) - Amends the Gun Control Act of 1968 to redefine: (1) "manufacturer" to mean any person engaged in the "business of manufacturing" (instead of "manufacture" of) firearms or ammunition; and (2) "dealer" to exclude dealers in ammunition. Adds a new definition "engaged in the business" with respect to manufacturer, dealers, and importers. Defines as a manufacturer, dealer, or importer of firearms a person who manufactures or deals in a regular course of trade or business with the principal objective of livelihood and profit. Defines "with the principal objective of livelihood and profit" to mean that the intent underlying the sale or disposition of firearms is predominantly one of obtaining livelihood and pecuniary gain. Excludes as dealers persons making occasional sales or repairs of firearms. Eliminates certain activities involving ammunition from the coverage of the current prohibitions. Permits the interstate sale of handguns where the sale complies with the law of the licensee's State and the State of the purchaser's residence. Presumes the licensee to have actual knowledge of the published laws of the States. Revises the current prohibition against certain classes of persons transporting a firearm or ammunition in interstate commerce to extend such prohibition to possession or receipt in commerce or affecting commerce of any firearm or ammunition. Includes as additional categories illegal aliens, dishonorably discharged members of the armed forces, and U.S. citizens who renounce their citizenship. Excludes ammunition dealers from the current licensing requirements. Declares that a licensed dealer's personal collection of firearms shall not be subject to recordkeeping requirements in specific circumstances. Permits the Secretary of the Treasury to revoke a license only where the holder "willfully" violates a provision of the Act. Bars the Secretary from denying or revoking a license on the basis of violations which are alleged in criminal proceedings instituted against a licensee, where such individual is not convicted of such charges. Allows the Government to voluntarily dismiss criminal charges prior to trial and still proceed with revocation. Imposes as a condition for the inspection or examination of records, documents, firearms, or ammunition that the Secretary has reasonable cause to believe that a violation has occurred and that evidence may be found on the premises. Requires a warrant to be issued for such search. Provides exceptions to such warrant requirement. Requires licensed collectors to maintain records of the receipt, sale, or other disposition of firearms. Requires records maintained by a licensee who has discontinued business to be delivered to the Archivist of the United States and the Secretary of the Treasury and to be disposed of after 20 years. Sets forth information-gathering procedures for tracing firearms and prohibits criminal charges based solely on information provided under those procedures. Prohibits records from being kept at a centralized location or entered in a computer for storage or retrieval. Permits licensed importers, manufacturers, and dealers to conduct business at temporary locations other than the one specified on a license (for example, gun shows). Establishes either a "knowing" (scienter) or a "willful" requirement with respect to general violations of the Act. Imposes additional penalties for the use of a firearm during the commission of a Federal crime of violence and for carrying a firearm in furtherance of a Federal crime of violence. Increases the penalties for the criminal misuse of firearms by making such penalties mandatory and at higher fine levels or longer prison terms than current law requires. Extends to first offenders the requirement, currently applicable only to second offenders, that the court not suspend any sentence or grant probation. Prohibits the granting of parole to first and subsequent offenders. Declares that no person shall be subject to the additional, mandatory penalties if use of the firearm or destructive device was a nonfelonious attempt to protect persons or property. Amends the forfeiture provision to subject to seizure any firearm or ammunition "involved in or used" in a knowing violation of the Gun Control Act (instead of "involved in or used or intended to be used"). Directs the court to award attorney fees to the prevailing party (other than the United States) in a proceeding for the return of seized firearms or ammunition. Requires the court to award such fees in any other action upon a finding that the action was without foundation or was initiated in bad faith. Limits seizure to firearms individually identified as involved in the violation. Revises the current procedure allowing persons who have been convicted of a crime to apply to the Secretary for relief from the firearms prohibitions. Permits any person prohibited from possessing, shipping, transporting, or receiving firearms or ammunition to apply for relief. Requires, instead of permits, the Secretary to grant release, unless the applicant will be likely to act in a manner dangerous to public safety. Permits any person who is denied relief to seek de novo judicial review in Federal court. Imposes on the applicant the burden of proof. Makes the authority of the Secretary to permit importation of certain types of firearms and ammunition nondiscretionary. Increases the number of types of sporting firearms which may be imported. Amends the rulemaking authority of the Secretary to provide that no regulation may require the transfer of records required under this Act to a facility owned, managed, or controlled by the United States or any State or the establishment of any system of registration of firearms, firearms owners, or firearms transactions. Requires a 90-day public comment period for proposed regulations (no period is currently specified). Prohibits the Secretary from prescribing regulations which require purchasers of black powder to complete affidavits or forms attesting to their exemption from certain provisions of the Federal criminal code. Declares any law or regulation promulgated by any State prohibiting the transfer of an unloaded and not readily accessible firearm or ammunition null and void. Title II: Amendments to Title VII of the Omnibus Crime Control and Safe Streets Act of 1968 - Repeals title VII of the Omnibus Crime Control and Safe Streets Act (relating to the receipt, possession, or transportation of firearms by felons, dishonorably discharged veterans, mental incompetents, illegal aliens, and persons renouncing their United States citizenship).
United States · United States Congress · 3 January 1985
Interstate Compact - Grants congressional approval to the Southeast Interstate Compact on Low-Level Radioactive Waste Management, which provides for cooperation among the States of Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia in the management of low-level radioactive waste on a continuing basis.
United States · United States Congress · 3 January 1985
High Technology Research and Scientific Education Act of 1985 - Title I: The Credit for Increasing Research Activities - Amends the Internal Revenue Code to make permanent the tax credit for research and development (R&D) expenditures. Modifies the definition of qualified research for purposes of the R&D credit to narrow the category of eligible activities for which the credit is available. Provides that all in-house and contract research expenses paid or incurred by a regular corporation shall constitute qualified R&D expenses for credit purposes if the corporation undertakes the research with the intention to use the results thereof in the active conduct of a present or future trade or business. Provides that in the case of research being conducted in the partnership form, the trade or business test is applied at the partnership level, and the credit is apportioned among the partners in accordance with general partnership rules. Title II: Promotion of University Research and Scientific Education - Establishes a new income tax credit equal to 20 percent of that portion of a corporation's payments to universities (and other nonprofit, tax-exempt organizations for basic research) which exceeds a fixed, historical "minimum university basic research" floor. Defines the fixed "minimum university basic research" floor as one percent of the annual average of the corporate taxpayer's combined qualified in-house research expenses, contract research expenses, and university basic research payments for the base period composed of the period from 1981 through 1983. Modifies the charitable contribution deduction of corporations for scientific and technical property to: (1) expand the eligible uses to which the property may be put to include direct education as well as research and research training; (2) make computer software eligible for the deduction; and (3) make state-of-the-art equipment used in the taxpayer's trade or business eligible for the deduction. Sets forth a formula for determining the amount of the allowable deduction for scientific equipment. Provides for an income tax exclusion for the scholarships, fellowship grants, student loan forgiveness, or stipends of students who are enrolled in postgraduate study as degree candidates. Provides that such tax exclusion will not be forfeited merely because the student is required, as a condition of the scholarship or fellowship, to perform future service in teaching or research.
United States · United States Congress · 3 January 1985
Amends the Steel Import Stabilization Act to direct the U.S. Trade Representative, in negotiating with Japan and South Korea on steel products import limits, to negotiate the apportionment of the aggregate limit among specified subcategories of steel products. Directs the U.S. Trade Representative to apportion the aggregate limit if such negotiations are not successfully concluded within 30 days of the enactment of this Act. Sets forth such subcategories.
United States · United States Congress · 3 January 1985
Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement of receipts and outlays for that year in which total outlays are no greater than total receipts. Permits the Congress in such statement to provide for a specific excess of outlays over receipts by a three-fifths vote directed solely to that subject. Requires the President and the Congress to ensure that actual outlays do not exceed the outlays set forth in such statement. Prohibits total receipts for any fiscal year set forth in such statement from increasing by a rate greater than the rate of increase in national income in the last calendar year ending before such fiscal year, unless the Congress passes a bill directed solely to approving specific additional receipts by a three-fifths vote and such bill has become has become law. Requires the President, prior to each fiscal year, to transmit to the Congress a proposed statement of receipts and outlays for that year consistent with the provisions of this article. Permits the Congress to waive the provisions of this Act with respect to any fiscal year in which a declaration of war is in effect. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing and total outlays shall include all outlays of the United States except those for repayment of debt principal.
United States · United States Congress · 3 January 1985
Constitutional Amendment - Requires the Congress, before each fiscal year, to adopt a statement of receipts and outlays for that year in which total outlays are no greater than total receipts. Permits the Congress in such statement to provide for a specific excess of outlays over receipts by a three-fifths vote directed solely to that subject. Requires the President and the Congress to ensure that actual outlays do not exceed the outlays set forth in such statement. Permits, after the adoption of such statement, additional outlays for the defense of the Nation in the event of an unforeseen and imminent threat to the national security declared by the Congress. Prohibits total receipts for any fiscal year set forth in such statement from increasing by a rate greater than the rate of increase in national income in the last calendar year ending before such fiscal year, unless the Congress passes a bill directed solely to approving specific additional receipts and such bill has become law. Permits the Congress to waive the provisions of this Act with respect to any fiscal year in which a declaration of war is in effect. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing, and total outlays shall include all outlays of the United States, except those for repayment of debt principal. Declares that as of the date this article takes effect, the Federal public debt limit shall become permanent and there shall be no increase in such limit unless three-fifths of the Congress passes a joint resolution providing for such increase and such bill becomes law. Makes this article effective for the second fiscal year beginning after its ratification.
United States · United States Congress · 3 January 1985
Designates May 7, 1985, as Helsinki Human Rights Day. Requests the President to: (1) reassert American commitment to the Helsinki Accords; (2) raise the issue of noncompliance with such Accords with the U.S.S.R. and the Warsaw Pact nations; and (3) convey to U.S. allies the necessity of unity on these points.
United States · United States Congress · 3 January 1985
Expresses the sense of Congress that an effective Rural Electrification Administration program is essential to providing affordable and dependable electric power and telephone service to rural America.
United States · United States Congress · 3 January 1985
Expresses the sense of the Senate that the President should ensure that small businesses and the agricultural industry are represented on the Federal Reserve Board of Governors by a person of demonstrable experience in small business and agricultural matters.
United States · United States Congress · 21 September 1984
Space Development Act of 1984 - Provides that activities performed in space for U.S. persons on any spacecraft predominantly used or operated in space and controlled from locations within the United States, articles produced in space primarily for sale or use within the United States upon such spacecraft, and assets used or operated in space upon such spacecraft (including such spacecraft) shall be treated as activities performed, or articles produced, within the United States for purposes of the Internal Revenue Code and the Tariff Schedules of the United States. Amends the Internal Revenue Code to allow an investment tax credit for any tangible personal property which is predominantly used or operated in space and which is either a spacecraft or is used or operated upon such spacecraft. Includes as recovery property eligible as a tax deduction with respect to the recovery cost system any tangible property used in space subject to the allowance for depreciation. Includes in the gross income of a taxpayer certain income derived from commercial activity in space.
United States · United States Congress · 10 August 1984
Agricultural Patent Reform Act of 1984 - Amends the patent laws to extend the terms of patents which emcompass specified products or methods for using a product, including methods of manufacturing which primarily use recombinant DNA technology, any of which are subject to certain nonpatent regulatory review periods. Sets forth the terms and conditions of such extension, including a five year limitation on the extension and a 25 year maximum patent term for the earliest filing. Directs the Commissioner of Patents to notify the appropriate Federal agency upon receipt from the product sponsor of a notice of extension to determine the applicable regulatory review period and whether, within that period, the sponsor acted with due diligence. Provides for notice and informal hearings for persons interested in such determinations. Permits the setting of fees to cover the costs of review. Directs the Commissioner, upon a final determination of the applicable regulatory review period, to issue to the owner of record of a patent a certificate of extension stating the fact and length of the extension and identifying the product and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Limits the application of such patent term extension to patents for: (1) any new animal drug or antibiotic subject to regulation under the Federal Food, Drug, and Cosmetic Act; (2) any veterinary biological product subject to regulation under the Virus-Serum-Toxin Act; (3) any pesticide subject to regulation under the Federal Insectide, Fungicide, and Rodenticide Act; and (4) any chemical substance or mixture subject to regulation under the Toxic Substances Control Act.
United States · United States Congress · 9 August 1984
Authorizes the Special Counsel of the Merit Systems Protection Board to appear as a counsel on behalf of any party in a civil action brought in connection with any function of the Special Counsel and to initiate and prosecute on behalf of any party in any such case an appeal of the decision of any administrative tribunal, U.S. district court, or the U.S. Claims Court. Authorizes any person aggrieved by a prohibited personnel practice to intervene in any administrative or judicial action brought by the Special Counsel under this Act. Entitles any such party appealing an administrative decision to have the facts subject to trial de novo by the reviewing court.
United States · United States Congress · 9 August 1984
Commercial Space Launch Act - Prohibits persons from: (1) launching a launch vehicle or operating a launch site within the United States (or, in the case of U.S. citizens, from outside the United States) unless they are properly licensed; and (2) in the case of a license holder, launching a payload (i.e., object to be placed in space) unless such payload compiles with all requirements of Federal law. Directs the Secretary of Transportation to ascertain whether a person has obtained a license to launch a payload. Directs the Secretary, if no license has been obtained, or if no license is required by Federal law and such launch is a safety or security jeopardy, to take appropriate action to prevent the launch of such payload. Grants exclusive authority to the Secretary to issue or transfer such licenses (except for licenses issued under the Communications Act of 1934) to persons who meet the requirements of this Act. Directs the Secretary to prescribe requirements for the issuance or transfers of a license. Allows the Secretary, in individual cases and under certain circumstances, to waive such requirements. Provides for: (1) license application and approval; and (2) license modification, suspension and revocation. Provides for administrative and judicial review of actions regarding issuing, transferring, modifying,, suspending, or revoking such licenses. Permits Federal officials to monitor the activities of licenses. Permits the use of Government property by such licensees and requires them to have liability insurance. Provides for the collection of fees by the Secretary for the use of such property. Sets forth civil penalties for violations of this Act. Prohibits a State from adopting any law or rule inconsistent with this Act. Allows State laws and rules additional to or more stringent than those under this Act. Requires the Secretary to carry out this Act consistent with U.S. international obligations and with applicable foreign laws. Requires the Secretary, not later than one year after enactment of this Act, to submit to the Congress a report describing activities undertaken pursuant to this Act and recommendations for legislation regarding commercial launch activities. Directs the Secretary to consult with: (1) the Secretary of Defense on matters relating to the national security of the United States; and (2) the Secretary of State with respect to international matters. Authorizes appropriations for FY 1985-1989.
United States · United States Congress · 9 August 1984
Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted.
United States · United States Congress · 9 August 1984
Expresses the sense of the Senate that the President should direct appropriate members of the Administration to: (1) pursue discussions with Canada directed toward resolving problems relating to U.S. imports of Canadian pork; and (2) use all available authorities to protect the economic viability of the U.S. pork industry and to promote free and fair trade.
United States · United States Congress · 8 August 1984
Enterprise Zone Act of 1984 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Provides that State and local governments shall nominate areas for such designation. Limits the total number of designated areas to 75 (25 per year over a three-year period). Requires that at least one-third of such area be in rural areas. Limits the period during which such designations shall remain in effect. Provides that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (within a population of at least 50,000) or 1,000 otherwise, or it is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on December 31, 1988, or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such enterprise zones' designation. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or local government for Federal assistance or benefits. States that designation of an enterprise zone shall not give displaced persons from such an area any rights or benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. Exempts enterprise zones from certain requirements relating to Federal environmental policy. Title II: Federal Income Tax Incentives - Subtitle A: Credits for Employers and Employees - Allows employers located in enterprise zones a nonrefundable income tax credit for increased employment expenditures and employment of the disadvantaged. Sets the amount of such credit at ten percent of the increase in payroll (taking into account a maximum of $15,000 in wages per year per employee) plus 50 percent of the wages paid to certain disadvantaged workers for the first three years of the enterprise zone designation. Phases out such credit in the last three years of the enterprise zone designation. Disallows a deduction for the portion of wages taken into account for such credit. Allows employees located in enterprise zones a nonrefundable income tax credit equal to five percent of qualified wages earned per year (taking into account a maximum of $9,000 in wages per year). Phases out such credit in the last three years of the enterprise zone designation. Requires every employer to furnish to each qualified enterprise zone employee a written statement showing the amount of qualified wages paid. Subtitle B: Credits for Investment in Tangible Property in Enterprise Zones - Allows businesses an additional investment tax credit for investment in certain tangible property located in enterprise zones. Limits such credit to five percent for zone personal property and ten percent for new zone construction property, including rental property. Requires that the property subject to such credit be predominantly used in the zone, be purchased after zone designation, and not be acquired from relatives or related corporations. Requires the recapture of such credit upon early disposition of the property. Phases out such credit in the last three years of the enterprise zone designation. Subtitle C: Reduction in Capital Gains Tax - Eliminates the capital gains tax on property of corporations acquired after the enterprise zone designation and used in a zone business. Qualifies certain low-income rental housing located in an enterprise zone for such treatment. Permits property to remain qualified for purposes of the revised capital gains treatment after a designation of an enterprise zone has terminated. Exempts gain from the sale or exchange of property used in a business in an enterprise zone from the computation of the minimum tax. Allows noncorporate taxpayers to deduct from gross income 100 percent of any net capital gain from qualified enterprise zone property. Subtitle D: Rules Relating to Industrial Development Bonds - Provides that limitations on the cost recovery deductions for property financed with tax-exempt industrial development bonds shall not apply to enterprise zone property. Provides that the termination of the small issue exemption shall not apply to industrial development bonds the proceeds of which are used to finance facilities in such enterprise zones. Subtitle E: Sense of the Congress with Respect to Tax Simplification - Expresses the sense of the Congress that the Internal Revenue Service should simplify the administration and enforcement of any provision of the Internal Revenue Code affected by this Act. Title III: Regulatory Flexibility - Revises the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified businesses (as defined in Title II of this Act), governments, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations which pertain to the carrying out of projects or activities within an enterprise zone. Requires agencies to approve such request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in continuation of the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement (including the Davis-Bacon Act and Fair Labor Standards Act) or which would present a danger to the public health and safety. Provides that such waivers or modifications of a rule shall remain in effect as long as the zone designations. Amends the Department of Housing and Urban Development Act to direct the Secretary of Housing and Urban Development to promote the coordination of all enterprise zone programs and consolidate all periodic reports required under such programs into one summary report. Title IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Board to consider on a priority basis and expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. States that to the maximum extent practicable, foreign-trade zones should be established within enterprise zones.
United States · United States Congress · 31 July 1984
Amends the Internal Revenue Code to reduce the rate of imputed interest for: (1) the first $250,000 of the sale price of residential property sold by an individual; (2) the first $1,500,000 of the sale price of farm property sold by an individual, partnership, estate or small business corporation; and (3) the first $500,000 of the sale price of real property associated with the sale of a trade or business.
United States · United States Congress · 31 July 1984
Amends the Internal Revenue Code to repeal the limitation on private activity bonds and the restriction on the use of industrial development bonds to acquire existing facilities. Extends from 1986 to 1988 the small issue industrial development bond exceptions for non-manufacturing facilities.
United States · United States Congress · 26 July 1984
Proclaims October 23, 1984, as "A Time of Remembrance" for Americans to take time to reflect on the sacrifices that have been made in the pursuit of peace and freedom.
United States · United States Congress · 29 June 1984
Federal Interagency Arson Prevention and Control Task Force Act of 1984 - Establishes a Federal Interagency Arson Prevention and Control Task Force to coordinate Federal anti-arson programs and to provide assistance to State and local governments for the prevention and control of arson. Directs each Federal agency with arson related activities to report annually to the Task Force with respect to their efforts in providing Federal assistance to State and local governments for the prevention and control of arson. Directs the Task Force to transmit annually a report to Congress concerning its activities and success in preventing arson. Directs the Director of the Bureau of Alcohol, Tobacco and Firearms to assist the Task Force by providing access to personnel and resources of the Bureau.
United States · United States Congress · 28 June 1984
Expresses the sense of the Congress that the President should seek agreements with other nations: (1) to plan for space station activities that would permit space rescue operations; and (2) for exchange of scientific and technical information that would aid such space rescue operations pursuant to specified space and rescue agreements. Urges the President to examine other opportunities for mutually beneficial international coordination of U.S. permanent space station programs.
United States · United States Congress · 21 June 1984
Agricultural Trade and Export Policy Commission Act - Amends the Agriculture and Food Act of 1981 to establish a National Commission on Agricultural Trade and Export Policy (Commission) to conduct a study of the agriculture-related trade and export policies and programs of the United States and the international and domestic factors affecting such policies and programs, including U.S. intergovernmental activities that affect the formulation of policies. Requires the Commission to be composed of ex officio congressional members, plus 23 members appointed by the President. Requires the Commission to submit to the President and the Congress: (1) a report containing its initial findings and recommendations by March 31, 1985; (2) additional interim reports on its work as may be requested by the chairmen of specified congressional committees; and (3) a report containing the final results of its study and recommendations by July 1, 1986. Authorizes Federal and public support to the Commission. Exempts the Commission from specified provisions of the Federal Advisory Committee Act and guidelines relating to the performance appraisals of Federal employees. Terminates the Commission 60 days after the transmission of its final report to the President and the Congress.
United States · United States Congress · 20 June 1984
Congratulates and commends the USA Philharmonic Society for its work on behalf of the Nation's young musicians and its commitment to furthering better understanding among peoples of all nations through the language of music.