United States · United States Congress · 27 June 1980
Commission on Presidential Nominations Resolution - Establishes the Commission on Presidential Nominations to make an investigation regarding the presidential nominating process. Directs the Commission to report to the President and Congress respecting such investigation, including recommendations for the 1984 presidential elections. States that the Commission shall cease to exist 60 days after submitting such report. Sets forth the powers of such Commission, and related administrative provisions.
United States · United States Congress · 25 June 1980
Tax Reduction - Job Creation Act - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce income tax rates for each category of individual taxpayers. Title II: Incentives for New Plant and Equipment - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.
United States · United States Congress · 24 June 1980
Expresses the sense of the Senate that the inclusion of a separate agenda item on Palestinian women presents an intrusion of political issues into the Mid-Decade Conference for women. Declares that the U.S. delegation to the Conference should be instructed to oppose any resolutions which do not relate directly to the goals of the Conference.
United States · United States Congress · 18 June 1980
Expresses the sense of Congress regarding the domestic automotive and truck industry. Declares it to be a goal of the United States to achieve technological superiority in the world automobile and truck industry. Advocates changes in economic, fiscal, and import policies in order to create adequate capital and produce a more favorable climate for the domestic automobile and truck industry.
United States · United States Congress · 17 June 1980
Disapproves a specified portion of the proposed deferral of budget authority (D80-65) for Environmental Protection Agency grants for waste treatment works.
United States · United States Congress · 17 June 1980
Disapproves a specified portion of the proposed deferral of budget authority (D80-65) for Environmental Protection Agency grants for waste treatment works.
United States · United States Congress · 16 June 1980
Expresses the sense of the Senate that the Secretary of Energy, in consultation with other Federal agencies, should establish a program to use energy efficient and viable alternatives to halocarbon based technologies for cooling.
United States · United States Congress · 12 June 1980
Commemorates the Katyn Forest tragedy to recognize the valor of the Polish people who lost their lives and to remind the world of the result of war and aggression.
United States · United States Congress · 10 June 1980
Noninstitutional Long-Term Care Services for the Elderly and Disabled Act - Amends the Social Security Act by adding a new title, title XXI (Noninstitutional Long-Term Care Services for the Elderly and the Disabled), to provide a comprehensive system of noninstitutional medical and social services for individuals aged 65 or over and individuals with chronic disabilities. Entitles an eligible individual to the following benefits: (1) home health services; (2) homemaker-home health aid services; (3) adult day services; and (4) respite care services for up to 14 days, or 336 hours in any year. Sets forth definitions of such benefits. Provides benefits to every individual who: (1) has attained age 65; (2) is disabled and eligible for benefits under titles II (Old-Age, Survivors and Disability Insurance), XVI (Supplemental Security Income), XVIII (Medicare), and XIX (Medicaid) of the Act; (3) was eligible for such benefits but ceased to be so eligible, but only if loss of benefits would seriously jeopardize such individuals ability to continue to live in a noninstitutional community residence and such individual's income is not sufficient to allow such individual to provide a reasonable equivalent of the services available under this Act; and (4) has been certified as eligible by the Secretary of Health and Human Services. States that no eligible individual shall be eligible to receive any benefits under title XXI or any long-term care benefits under titles XIX or XX (Grants to States for Services) of the Act unless such individual has a plan of care, as specified in this Act, and has been screened and assessed by a preadmission assessment and screening team (PAT) in order to determine the types and frequency of services required by such individual and in order to assure the maximum level of independence for such individual. Provides for at least one PAT to serve each unit of general purpose local government in a State. Permits the appropriate State agency to designate a Professional Standards Review Organization (PSRO), an area agency on aging, a hospital, a local government's department of health, a rural health clinic, a health maintenance organization (HMO), a center or agency for the handicapped, or any qualified similar entity as the PAT. Prohibits any hospital with a hospital-based home health agency and any free standing home health agency from being designated as a PAT, except in a rural area in which no other entity can provide PAT services. Directs the Secretary to reimburse any PAT and any State for the reasonable costs incurred in performing duties under this Act. Requires beneficiaries under title XXI to make copayments as follows: (1) 10 percent of the reimbursable amount with respect to home health services for visits in excess of 50 visits in a calendar year; (2) 10 percent of the reimbursable amount with respect to homemaker-home health aide services for visits in excess of 50 visits in a calendar year; and (3) 10 percent of the reimbursable amount with respect to adult day services for visits to an adult day center in excess of 50 visits in a calendar year. Sets limits based on income, on such copayments, with the highest copayments being limited to five percent of an individual's income for individuals with an annual income of over $10,000. Includes SSI and OASDI benefits, unemployment compensation, and pensions as income. Directs the Secretary to pay amounts for benefits incurred by an eligible individual in accordance with specified guidelines. Creates the Federal Long-Term Care Trust Fund into which specified funds will be deposited in order to make the payments required by this Act. Coordinates the provisions of this Act with titles XVIII, XIX, and XX of the Act by providing that no payment shall be made under such titles for services, as defined in title XXI, to or on behalf of an individual who is eligible under title XXI. States that extended care services under titles XVIII, XIX, and XX shall not be covered unless the individual seeking coverage first undergoes a preadmission screening and assessment as provided in title XXI, and the need for such services has been approved under the individual's plan of care. Amends the Internal Revenue Code to allow an annual credit of $100 to a taxpayer caring for an elderly dependent. Directs the Secretary to monitor ten designated States with respect to their PAT's and to report to Congress concerning the utilization of services under titles XVIII, XIX, XX, and XXI of the Act and the effects of implementing a copayment requirement beginning with the first visit as compared to a copayment requirement beginning after 50 visits. Directs the Comptroller General to also conduct an ongoing evaluation of the effect of the use of PAT's with respect to utilization of services. Requires the reports to include a recommended strategy for implementing title XXI on a national basis. Directs the Office of Management and Budget to prepare an analysis of the budgetary impact of the implementation of title XXI on a national basis. States that the provisions of titles XVIII, XIX, XX, and XXI of the Act relating to PAT's shall not become effective until one year after Congress has received evaluations from the Department of Health and Human Services, the Comptroller General, and the OMB.
United States · United States Congress · 10 June 1980
Expresses the sense of the Senate that the President instruct the Attorney General to prosecute all persons who violate the Logan Act and the executive order prohibiting travel to Iran, thereby giving color of right to illegal actions by the Government of Iran.
United States · United States Congress · 2 June 1980
Calls upon the President to designate as refugees those Cubans who have arrived in the United States in the last 60 days so that State and local governments currently responsible for them can qualify for Federal assistance pursuant to the Refugee Act of 1980.
United States · United States Congress · 29 May 1980
National Export Policy Act of 1980 - Title I: General Findings and Purposes - Sets forth congressional findings and the purposes of this Act. Title II: Export Financing - Amends the Export - Import Bank Act of 1945 to direct the Export-Import Bank to adopt export finance programs comparable in structure to those extraordinary measures of official export credits offered by competing countries, until such financing is limited by international agreements. Requires the Bank to report annually to Congress as to whether any additional appropriations or any increases in its commitment authority or ceiling levels are necessary to carry out this Act. States that this Act shall not take effect until six months after enactment, unless the President defers the effective date for an additional six months. Declares it to be the policy of the Congress that the Export-Import Bank of the United States should facilitate, particularly in the presence of foreign officially-supported export credit competition, exports to countries: (1) having insufficient access to international credit facilities; (2) demonstrating reasonable economic progress; and (3) offering adequate formal assurances of repayment (currently, must offer sufficient likelihood of repayment). Increases the aggregate amount of loans and contractual liability of guarantees and insurance which may be outstanding at any one time. Requires such activities to be carried out through the Export Expansion Facility. Provides for the capitalization of such Facility. Establishes staggered, ten-year terms of office for the Bank directors. Declares that the House and Senate Appropriations Committees should consider limitations on Bank activities when considering appropriations for international trade activities rather than when considering foreign assistance activities. Title III: Export - Related Tax Policy - Amends the Internal Revenue Code to increase the earned income exclusion for United States citizens working abroad, who are bona fide residents of a foreign country, from an annual rate of $20,000 to: (1) $50,000; or (2) $65,000, if such persons qualify as bona fide residents for certain specified periods. Allows separate exclusions to married individuals who are both working overseas, although one's excess exclusion cannot be used against income earned by the other. Waives the residency requirements to qualify for such exclusion for those required to leave a foreign country because of civil unrest, war, or similar adverse conditions precluding the normal conduct of business. Reduces from 17 to 11 months the foreign residency requirement with respect to the deduction for certain housing expenses of living abroad. Revises the formula for determining the base housing amount with regard to such deduction to make it 16 percent of the salary of a GS-14, step 1. Repeals similar deductions for cost-of-living differential, schooling expenses, home leave travel expenses, and residence in a hardship area. Provides that the foreign bad debt loss deduction shall not exceed the greater of 15 percent of the taxpayer's taxable income from exports, or two percent of the taxpayer's export receivables outstanding at the close of the taxable year. Provides that the amount of bad debt losses that may be added to a bad debt reserve shall not exceed five percent of the taxpayer's export receivables outstanding as of the close of the taxable year. Permits the amortization, based on a period of 60 months, of: (1) foreign market studies; (2) foreign marketing expenses; and (3) foreign patents. Permits an income tax deduction for currency fluctuation losses on export credit which have not been repaid by the end of the taxable year. Authorizes the Secretary of the Treasury to extend the six-month deadline for exempting exports from the manufacturer's excise tax for an additional 12 months if it is determined, after consultation with the Secretary of State, that exports were delayed because of war, civil unrest, or similar adverse conditions in a foreign nation. Amends the Foreign Trade Zones Act to authorize the Secretary of Commerce to approve the duty-free entry of machinery, materials, and fuels to be used for the production of goods in a foreign trade zone if such goods are not subsequently entered into U.S. customs territory. Sets forth requirements before applications for such treatment will be approved. Makes such approval valid for six years. Requires the Foreign Trade Zones Board to include in its annual report to Congress a summary of activities and proposals to increase the use of foreign trade zones to expand U.S. exports. Makes banking organizations which have invested in an export trading company eligible for treatment as domestic international sales corporations (DISC). Includes the gross receipts from the export of services produced in the United States and from export trade services as qualified export receipts, in the case of a DISC which is an export trading company. Directs the Secretary of Commerce, with the Secretary of the Treasury, to develop and distribute information concerning the utilization of the DISC provisions. Makes export trading companies eligible for Subchapter S treatment if the shareholders of such companies are otherwise small business corporations. Exempts such companies from restrictions on the amount of foreign income they can receive and still be eligible for Subchapter S tax treatment. Title IV: Antitrust - Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish guidelines for determining whether an association or export trading company will meet the certification requirements. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an office to promote export trade associations and trading companies. Provides for automatic certification of existing associations. Requires that all applications for certification be kept confidential with specified exceptions. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force seven years after enactment to examine the effect of this Act and to make recommendations. Directs the Attorney General to study whether: (1) U.S. business conduct to expand exports conflicts with basic antitrust principles; and (2) a more liberal enforcement policy for overseas activities would impede implementation of the antitrust laws. Requires the Attorney General to identify such conduct which would not warrant prosecution under the antitrust laws. Sets forth the procedures for describing such permissible conduct and disclosing such descriptions. Authorizes the Secretary of Commerce to intervene in such suits and to provide legal assistance to exporters. Prohibits prosecution under the antitrust laws of exporters who: (1) have notified the Attorney General of their intention to engage in such designated conduct; or (2) receive an approval, or no objection, from the Attorney General concerning proposed transactions. Requires the Attorney General and the Secretary of Commerce to report to Congress concerning implementation of this section. Title V: Amendments to Other Laws That Hinder Exports - Amends the Foreign Corrupt Practices Act of 1977 to change the name of such Act to the Business Practices and Records Act. Amends the Securities Exchange Act of 1934 to require issuers of securities to keep their books and maintain a system of internal accounting controls in accordance with generally accepted accounting principles. Makes issuers liable for knowingly falsifying any books or for the intentionally wrongful maintenance or circumvention of the system of internal accounting controls. Requires only good faith efforts by issuers holding 50 percent or less of the equity capital to use their influence to cause transactions and dispositions of assets to be carried out consistent with such provisions. Repeals the provisions specifying prohibited foreign corrupt practices by issuers. Amends the Business Practices and Records Act to include issuers within the provisions specifying prohibited foreign corrupt practices by domestic concerns. Permits items of value to be given to foreigners in specified circumstances, including courtesy items, demonstration expenses, and payments lawful under the laws of the country of the intended recipient. Directs the Attorney General to issue guidelines specifying permissible conduct and arrangements associated with common types of export sales arrangements and business contracts and precautionary procedures creating a rebuttable presumption of compliance. Provides for the establishment of a Business Practices and Records Act Review Procedure to answer specific inquiries concerning enforcement of such Act. Requires the Attorney General to issue opinions regarding compliance. Makes such opinions final and binding on all parties if the conduct does not involve a violation. Requires annual reports to Congress by: (1) the Attorney General concerning actions taken pursuant to such Act; and (2) the Securities and Exchange Commission concerning the reporting requirements. Expresses the sense of the Congress that the President should negotiate agreements establishing standards of conduct for international business practices, a resolution procedure, and rates of commissions. Directs the President to report to Congress concerning the progress of such negotiations. Requires Congress to review the Business Practices and Records Act after receiving the President's report. Requires an export competitiveness impact statement from any issuing authority taking significant action which could affect adversely U.S. exports or the international competitive position of the United States and its exporters. Expresses the sense of Congress that export paperwork must be reduced to encourage export sales. Requires all agencies to minimize paperwork and reporting requirements. Title VI: Export Awareness and Export Promotion Programs - Export Trading Company Act of 1980 - Directs the Secretary of Commerce to promote export trading companies and facilitate contracts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest up to specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with the prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate congressional committees concerning implementation of this Act and any recommendations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Directs the Export-Import Bank of the United States to provide loan guarantees to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available and such guarantees will facilitate expansion of exports. Small Business Export Expansion Act of 1980 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to permit participating lending institutions to take actions on behalf of the Administrator with respect to deferred participation loans. Empowers the SBA either directly or in cooperation with lending institutions, to extend credit for export purposes to enable small business concerns to develop foreign markets. Limits the extension of such credit to periods of 18 months or less. Sets a maximum of $750,000 which may be committed to any borrower from the business loan and investment revolving fund. Establishes within the Administration an Office of International Trade to promote sales opportunities for small business goods and services abroad. Requires such Office to: (1) provide small businesses with access to current and complete export information; (2) encourage greater small business participation in trade fairs, shows, missions, and other domestic and overseas export development activities of the Department of Commerce; and (3) assign full-time export development specialists to each Administration regional office. Directs the Administrator, after consultation with specified agencies, to establish an export promotion center in each of two regional offices of the Administration where field offices of the Department of Commerce and the Internal Revenue Service exist. Requires each such center to serve as a one- stop information center on Federal Government export assistance, financing programs available to small business, and other provisions of law governing exporting for small business. Requires: (1) a progress report on the implementation of such centers to the appropriate Congressional committees within six months of enactment of this Act; and (2) an evaluation, within two years after enactment, of the effectiveness of such centers in developing and expanding small business exports. Authorizes the Secretary of Commerce to make grants to qualified applicants to encourage the development and implementation of small business international marketing programs. Sets forth eligibility requirements for applicants. Prohibits the use of any Federal funds to directly underwrite any small business participation in foreign trade missions abroad. Requires each small business international marketing program to: (1) have a full-time staff director to manage program activities; (2) have access to export specialists to counsel and assist small business clients; and (3) establish an advisory board. Directs the Secretary to require, as a condition to any grant, that an additional amount equal to twice the amount of such grant be provided from sources other than the Federal Government. Directs the Secretary to develop a plan to evaluate such programs to: (1) determine the impact of such programs on the small businesses assisted; (2) determine the amount of export sales generated by such businesses; and (3) make recommendations concerning continuation and/or expansion of the program. Requires the establishment of at least one small business international program within each region of the Department of Commerce. Directs the Secretary of Commerce, through the International Trade Administration, to maintain a central clearinghouse for the collection, dissemination, and exchange of information between such programs. Directs the Secretary to enter into cooperative agreements with industrial corporations to develop foreign markets for their products. Requires the Secretary to direct specific market research for the products involved in foreign markets upon entering such agreements. Permits interested industrial corporations to submit a proposal incorporating specific marketing actions to the Secretary. Authorizes the Secretary to enter into a marketing agreement after approving any such proposal. Requires repayment of the Federal share of the costs by the entity entering into such an agreement. International Education Programs Act - Amends the Higher Education Act of 1965 to direct the Secretary of Education to make grants to, and contracts with, institutions of higher education to pay the Federal share of the cost of programs designed to promote linkages between such institutions and the American business community engaged in international economic activities. Requires higher education institutions to apply for such grants and contracts. Limits the amount of Federal assistance. Provides for an advisory board to consider the grants made, or contracts entered into, and to review programs established under this section. Directs each Federal agency and U.S. representative to any international organization to: (1) identify programs affecting the export of U.S. firms' services; (2) make available information concerning such programs; (3) establish programs to publicize export-related programs for services; and (4) modify those programs with an adverse effect on the export of services. Makes the Secretary of Commerce responsible for coordinating such programs. Directs the Department of Treasury to report to Congress concerning the feasibility of extending DISC treatment to the export of services. Title VII: Agricultural Exports - Amends the Commodity Credit Corporation Charter Act to establish the Agricultural Export Credit Revolving Fund to be available for: (1) the export of, or aid in the development of foreign markets for, agricultural commodities; and (2) loans for the acquisition of facilities in foreign countries to improve the countries' capacities to handle agri-commodities exported from the United States. Directs the Secretary of Agriculture to report to Congress annually concerning the export credit sales program. Abolishes such fund effective October 1, 1983. Amends the Export-Import Bank Act of 1945 to require the ratio of credit extended by the Export-Import Bank for agricultural exports in comparison with the total amount extended be at least equivalent to the value of agricultural exports in comparison with total value of exports. Specifies exceptions to this requirement. Requests the President to take action to establish an International Wheat Exporting Commission which would establish an annual minimum world market price for wheat and prescribe export quotas. Requires the President to keep Congress informed about the establishment of such Commission and to report annually once such Commission is established. Title VIII: International Agreements - Expresses the sense of Congress that: (1) the multilateral trade agreement be strongly implemented; and (2) the efforts must continue to secure a freer world trading environment. Directs the Secretary of Agriculture to implement a special export subsidy program for agricultural commodities to neutralize the effects of foreign export subsidy programs. Specifies the circumstances required before such program may be implemented. Expresses the sense of Congress that the President should enter negotiations for international codes of: (1) official export financing; (2) business conduct; (3) reciprocity of antitrust enforcement; and (4) fair trade in services. Requires the President to report to Congress concerning the progress of such negotiations. Title IX: Government Support of Export Goals - Overseas Private Investment Corporation Act of 1980 - Establishes the Overseas Private Investment Corporation (OPIC) as an independent agency. Sets forth the duties of OPIC. Provides for the capital of OPIC to be paid in through the appropriation process and through transfer from OPIC's earned income. Sets forth the structure of OPIC with a Board of Directors, a President of the Corporation, an Executive Vice President of the Corporation, other officers and staff, and consultants. Authorizes OPIC to issue insurance to eligible investors covering new or existing investments protecting against specified risks. Authorizes OPIC to make arrangements with foreign governments or multilateral organizations for sharing liabilities. Limits the insurance that may be issued to a single investor. Authorizes OPIC to issue guarantees of loans and other investments. Sets forth limitations on such guarantees. Authorizes OPIC to make direct loans to privately owned or mixed publicly and privately owned firms for projects sponsored by or significantly involving United States small businesses or cooperatives. Limits the circumstances under which OPIC may acquire stock in any other corporation. Authorizes OPIC to initiate and support the identification, assessment, and promotion of private investment opportunities, with specified exceptions. Authorizes OPIC to administer special projects to provide private technical, professional, or managerial assistance in the development of human resources, skills, technology, capital savings, and intermediate financial institutions and cooperatives. Authorizes OPIC to engage in other insurance, reinsurance, and risk sharing activities with other insurance companies, financial institutions, persons, or groups. Limits the amount of reinsurance of liabilities which OPIC may issue. Limits the amount of maximum contingent liability pursuant to insurance or guarantees issued under this Act which may be outstanding at any one time. Establishes the: (1) Direct Investment Fund as a revolving fund to be available for direct investments; and (2) Insurance Reserve and Guaranty Reserve to be available for discharging liabilities. Authorizes appropriations to the investment and guaranty fund in specified circumstances. Authorizes OPIC to issue obligations in specified circumstances in order to discharge liabilities. Requires that all revenues and income transferred to or earned by OPIC be available to carry out OPIC's purposes. Directs OPIC to determine that suitable arrangements exist for protecting OPIC's interests in connection with any insurance, guaranty, or reinsurance issued under this Act. Pledges the full faith and credit of the United States for the full payment and performance of previous obligations. Sets forth conditions with respect to insurance, guaranty, and reinsurance coverage under this Act concerning fees, time limits, fraud, and settlement of disputes. Sets forth administrative provisions and duties applicable to OPIC. Requires OPIC to undertake to broaden the participation of United States small business, cooperatives, and other small investors in the development of small private enterprise in less developed friendly countries or areas. Directs OPIC to report annually to Congress concerning its operations. Amends the Foreign Assistance Act of 1961 to define "eligible investor" in terms of this Act with respect to housing guarantees. Repeals provisions: (1) prohibiting the transfer of OPIC funds between accounts; (2) authorizing the President to deny assistance to any less developed country which fails to enter into an agreement to institute the investment guaranty program; and (3) establishing OPIC. Stipulates that nothing in this part shall be construed as terminating any of OPIC's statutory authority. Requires the President to submit to the appropriate congressional committees any necessary technical or conforming amendments. Declares that the potential for U.S. exports shall be a primary decisionmaking factor in considering which projects to include in U.S. foreign aid programs. Requires the Director of the International Development Cooperation Agency (IDCA) to transfer the functions of the Office of Reimbursable Development from the Agency for International Development to an independent functional status within the IDCA. Declares that the Office of Management and Budget should assure that adequate budget allocations are made available to carry out the programs prescribed in this Act. Declares that the Department of Justice should do what it can to facilitate procedures for exporters. Declares that the Small Business Administration should: (1) be aware of the benefits of export to small business development; and (2) use every opportunity to provide information and assistance to potential exporters. Declares that the U.S. ability to export coal, nuclear power fuels, and other energy materials in a reliable manner should be a key consideration. Directs congressional committees to include in their reports the effect of the bill or resolution on the international competitiveness of the United States. Creates a National Export Council to: (1) serve as a national advisory body on matters relating to United States export trade; (2) act as a liaison among the communities represented by its membership; and (3) provide advice on Federal plans and actions that affect export promotion and development policies which have an impact on those communities represented by its membership. Requires the Council to make an annual report to the President and the Congress on its activities. Authorizes the Secretary of Commerce to appoint commercial ministers, counselors, and attaches with the rank and privileges of other ministers, counselors, and attaches in U.S. embassies and consulates, to: (1) provide trade and commercial services; (2) engage in the promotion of U.S. exports; (3) file semiannual reports to the Secretary on market, industrial, and commodity conditions in their districts and on the implementation of multilateral and bilateral trade agreements; and (4) maintain current data on the commercial standing and capacity of foreign firms within their districts. Provides for domestic assignment, office logistics, allowances and benefits of such ministers, counselors, and attaches. Directs the Comptroller General to report to Congress with any recommendations concerning: (1) the organization of international trading and financing programs in the United States; (2) the effectiveness of foreign export promotion programs; and (3) the trade activities of specified Federal agencies. Expresses the sense of Congress that the appropriate congressional committees should review periodically the trade organization of the U.S. Government.
United States · United States Congress · 28 May 1980
Business Accounting and Foreign Trade Simplification Act - Amends the Foreign Corrupt Practices Act of 1977 to change the name of such Act to the Business Practices and Records Act. Amends the Securities Exchange Act of 1934 to require issuers of securities to keep their books and maintain a system of internal accounting controls in accordance with generally accepted accounting principles. Makes issuers liable for knowingly falsifying any books or for the intentionally wrongful maintenance or circumvention of the system of internal accounting controls. Requires only good faith efforts by issuers holding 50 percent or less of the equity capital to use their influence to cause transactions and dispositions of assets to be carried out consistent with such provisions. Repeals the provisions specifying prohibited foreign corrupt practices by issuers. Amends the Business Practices and Records Act to include issuers within the provisions specifying prohibited foreign corrupt practices by domestic concerns. Permits items of value to be given to foreigners in specified circumstances, including courtesy items, demonstration expenses, and payments lawful under the laws of the country of the intended recipient. Directs the Attorney General to issue guidelines specifying permissible conduct and arrangements associated with common types of export sales arrangements and business contracts and precautionary procedures creating a rebuttable presumption of compliance. Provides for the establishment of a Business Practices and Records Act Review Procedure to answer specific inquiries concerning enforcement of such Act. Requires the Attorney General to issue opinions regarding compliance. Makes such opinions final and binding on all parties if the conduct does not involve a violation. Requires annual reports to Congress by: (1) the Attorney General concerning actions taken pursuant to such Act; and (2) the Securities and Exchange Commission concerning the reporting requirements. Expresses the sense of the Congress that the President should negotiate agreements establishing standards of conduct for international business practices, a resolution procedure, and rates of commissions. Directs the President to report to Congress concerning the progress of such negotiations. Requires Congress to review the Business Practices and Records Act after receiving the President's report.
United States · United States Congress · 22 May 1980
Amends the Internal Revenue Code of 1954 to make banking organizations which have invested in an export trading company eligible for treatment as domestic international sales corporations (DISC). Includes the gross receipts from the export of services produced in the United States and from export trade services as qualified export receipts, in the case of a DISC which is an export trading company. Directs the Secretary of Commerce, with the Secretary of the Treasury, to develop and distribute information concerning the utilization of the DISC provisions. Amends the Internal Revenue Code of 1954 to make export trading companies eligible for Subchapter S treatment if the shareholders of such companies are otherwise small business corporations. Exempts such companies from restrictions on the amount of foreign income they can receive and still be eligible for Subchapter S tax treatment.
United States · United States Congress · 21 May 1980
Trade Procedures Simplification Act of 1980 - Requires the Attorney General, in consultation with other Federal agency heads, to determine whether: (1) U.S. business conduct and arrangements to expand exports in various countries conflict with basic antitrust principles; and (2) a more liberal enforcement policy for overseas activities would impede implementation of the antitrust laws. Directs the Attorney General to identify conduct and arrangements associated with particular types of export sales which the Attorney General determines would not warrant prosecution under the antitrust laws. Sets forth the procedures for describing such permissible conduct and disclosing such descriptions. Authorizes the Secretary of Commerce to intervene in such suits and to provide legal assistance to exporters. Prohibits prosecution under the antitrust laws of exporters who: (1) have notified the Attorney General of their intention to engage in such designated permissible conduct; or (2) receive an approval, or no objection, from the Attorney General concerning proposed transactions. Requires the Attorney General and the Secretary of Commerce to report to Congress concerning implementation of this Act.
United States · United States Congress · 20 May 1980
Amends the Internal Revenue Code to allow a deduction for cash and other personal property contributions to a savings account created or organized exclusively for the purpose of paying the educational expenses of the taxpayer or the taxpayer's child. Limits the amount of such deduction to $1,000 per year, adjusted for inflation. Limits the duration of eligibility for such deduction to calendar years prior to the account beneficiary's 21st birthday, or prior to the beneficiary's enrollment as a full-time student at an eligible educational institution of higher learning, whichever occurs earlier. Excludes distributions from such an account from the gross income of the payee so long as such distributions are used to defray the beneficiary's tuition, fees, books and supplies, and reasonable living expenses. Specifies sanctions for the use of account funds for other than such educational purposes. 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 apportionments equal to ten percent of the total amount of such distributions. Allows a deduction for cash and other personal property contributions to a savings account created or organized for the benefit of the taxpayer (or the taxpayer and spouse if married) for the exclusive purpose of purchasing the first dwelling purchased by such individual as a principal residence. Limits the maximum annual deduction to $1,500 ($3,000 in the case of married individuals filing jointly), with a maximum lifetime deduction of $15,000 ($30,000 in the case of married individuals filing jointly). Provides for annual inflation adjustment of such amounts. Excludes distributions from such account from gross income so long as they are used exclusively for the purchase of a first principal dwelling. Provides for recapture of such distribution upon a subsequent sale of such first dwelling if another house is not purchased with the proceeds. Requires reduction of the $100,000 exclusion from gross income of proceeds from the sale of a principal residence by a taxpayer 55 years of age or older if such residence had been purchased with distributions from a tax-exempt housing savings account. Limits the amount of such reduction to the amount of any such distribution excluded from gross income.
United States · United States Congress · 20 May 1980
Amends the Internal Revenue Code to exclude from gross income interest on an industrial development bond refunding issue if: (1) such issue is secured by a pledge of substantial revenues derived from 20 or more facilities operated or leased by the issuer; (2) the issuer is a political subdivision engaged primarily in promoting economic development; (3) the issuer was created under State law at least 20 years prior to the issuance of such refunding bonds for the express purpose of promoting economic development; and (4) any debt service savings derived from the refunding may be used only for the proper corporate purposes of the issuer and shall not be used to reduce any existing obligations of any nonexempt person.
United States · United States Congress · 20 May 1980
Authorizes and requests the President to designate the week beginning October 5, 1980, as "National Port Week." Requires the Secretary of Commerce to report to Congress on the conditions of U.S. public ports.
United States · United States Congress · 19 May 1980
Authorizes the Secretary of the Interior to convey to Carnegie-Mellon University the land owned by the United States upon which the Pittsburgh facility of the Bureau of Mines is located. Authorizes the Secretary to enlarge, equip, and improve the research facility of the Bureau of Mines near Bruceton, Pennsylvania, and to transfer operations of the Bureau of Mines from the facility at Pittsburgh to the facility near Bruceton and elsewhere.
United States · United States Congress · 16 May 1980
Directs the Secretary of Health and Human Services (formerly, the Secretary of Health, Education, and Welfare) to conduct a clinical investigation of the safety and efficacy of dimethyl sulfoxide as a drug to be used by persons with arthritis.
United States · United States Congress · 15 May 1980
Title I: Export Trading Companies - Export Trading Company Act of 1980 - Directs the Secretary of Commerce to promote export trading companies and facilitate contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest up to specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with the prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate congressional committees concerning implementation of this Act and any recommendations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Directs the Export-Import Bank of the United States to provide loan guarantees to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available and such guarantees will facilitate expansion of exports. Title II: Export Trade Associations - Export Trade Association Act of 1980 - Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish guidelines for determining whether an association or export trading company will meet the certification requirements. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an office to promote export trade associations and trading companies. Provides for automatic certification of existing associations. Requires that all applications for certification be kept confidential with specified exceptions. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force seven years after enactment to examine the effect of this Act and to make recommendations. Title III: Taxation of Export Trading Companies - Amends the Internal Revenue Code of 1954 to make banking organizations which have invested in an export trading company eligible for treatment as domestic international sales corporations (DISC). Includes the gross receipts from the export of services produced in the United States and from export trade services as qualified export receipts, in the case of a DISC which is an export trading company. Directs the Secretary of Commerce, with the Secretary of the Treasury, to develop and distribute information concerning the utilization of the DISC provisions. Amends the Internal Revenue Code of 1954 to make export trading companies eligible for Subchapter S treatment if the shareholders of such companies are otherwise small business corporations. Exempts such companies from restrictions on the amount of foreign income they can receive and still be eligible for Subchapter S tax treatment.
United States · United States Congress · 12 May 1980
Expresses the sense of the Senate that, during the leadership transition in Yugoslavia, the President should: (1) make clear U.S. opposition to Soviet attempts to violate or subvert Yugoslav independence; and (2) encourage other governments to announce publicly their continued support for Yugoslav independence.
United States · United States Congress · 6 May 1980
Declares that it is the sense of the Congress that the enactment of a withholding tax on interest and dividend payments would be detrimental to the economic well-being of the United States.
United States · United States Congress · 1 May 1980
Corrupt Horseracing Practices Act of 1980 - Prohibits the following conduct with respect to horseracing: (1) the entering of a horse in a race by its owner or trainer who knows or should know that the horse is drugged or numbed; (2) the drugging or numbing of a horse with reason to believe that it will compete in a race; and (3) the willful failure by the operator of a horseracing facility to disqualify or prohibit a horse from racing if such individual has been notified in accordance with this Act that such horse is drugged or numbed, was not available for testing, or has been suspended from racing. Sets forth the penalties for such acts, and provides increased penalties for second offenses, use of a dangerous weapon in committing such offenses, and the interference with duties or the falsification of records required by this Act. Provides for the disqualification of offenders from horseracing activities and the suspension of a drugged or numbed horse from racing, in accordance with specified procedures. Grants the Administrator of the Drug Enforcement Administration certain investigatory and other powers with respect to such offenses. Requires operators of horseracing facilities to comply with recordkeeping requirements established by the Administrator and to furnish testing space and facilities. Directs the Administrator to: (1) exempt from this Act any State which has enacted a comparable program; and (2) submit biennial reports to Congress on matters covered by this Act. Authorizes appropriations through fiscal year 1980 to carry out this Act. Permits the Administrator thereafter to assess fees upon operators of horseracing facilities to meet the costs of this Act. Amends the Federal criminal code to include the offenses of this Act in the existing prohibition against interstate and foreign commerce in aid of racketeering enterprises.
United States · United States Congress · 1 May 1980
Extends the condolences of the Senate to the families of the eight American servicemen who lost their lives during the mission to rescue the hostages in Iran. Declares the sense of the Senate that the President order the American flag to be flown at half-mast on all government grounds from May 4 through May 11, 1980, as a mark of respect for such servicemen.
United States · United States Congress · 1 May 1980
Expresses the sense of the Senate that Congress should not appropriate funds for the payment of principal and interest on loans guaranteed pursuant to the Chrysler Loan Guarantee Act of 1979 if such guarantees are based on a financing plan which does not meet the conditions of such Act.
United States · United States Congress · 28 April 1980
Expresses the gratitude and commendation of the Senate to the military personnel who participated in the rescue attempt of the American hostages in Iran. Extends the condolences of the Senate to the families of those who sacrificed their lives in such attempt.
United States · United States Congress · 24 April 1980
Amends the Solid Waste Disposal Act to provide for criminal penalties against any person who: (1) knowingly generates, stores, treats, transports, disposes of, or otherwise handles any hazardous waste (whether such activity took place before or takes place after the date of the enactment of this Act) and who disposes, alters, or conceals any record maintained with respect to the generation, storing, treatment, transportation, disposal, or other handling of hazardous waste; or (2) transports, treats, stores, or disposes of any hazardous waste identified or listed under specified provisions of such Act in reckless disregard of the fact of thereby causing or creating a substantial danger or risk to human life or health. Increases the maximum penalty for first convictions of specified violations of such Act to $50,000 per day of each violation and/or two years imprisonment. Defines "reckless" for purposes of specified violations of such Act.
United States · United States Congress · 24 April 1980
Family Care Demonstration Project Act - Authorizes the Secretary of Health and Human Services (formerly the Secretary of Health, Education, and Welfare), in consultation with the Commissioner of the Administration on Aging, to make grants to, and enter into contracts with, any public or private entity, including any hospital that has a medicare agreement in effect, to conduct demonstration programs for the placement of specified elderly persons in private homes as foster care residents. Requires that such elderly persons be: (1) 65 years old or older; (2) inpatients in a hospital or nursing home, but no longer require inpatient care; (3) ambulatory and require continued medical support services or intermittent medical or skilled nursing care similar to the care provided in an intermediate care facility, but do not require continuous skilled nursing services; and (4) lack other appropriate residential arrangements to provide necessary services. Directs the Secretary to require that such programs establish standards to assure that specified criteria are met. Includes among such criteria, requirements that such programs: (1) provide for placement in the homes of blood relatives whenever possible if such homes meet applicable requirements; (2) include placements in homes of relatives and in other foster care homes in order to evaluate care in both settings; (3) provide for contribution to the cost of care by the elderly person to the extent that this does not unduly deplete such person's resources; (4) assure persons in whose home such foster care is given are compensated; and (5) assists members of the family providing foster care in making alternative short-term care arrangements when necessary. Directs the Secretary to: (1) provide, to the extent feasible, for the distribution of such grants or contracts among urban and rural areas; and (2) determine the amount of any such grant or contract. Sets forth certain recordkeeping requirements for such programs. Requires that such records be available to the Secretary and the Comptroller General for audit and examination. Authorizes the Secretary to provide technical assistance to appropriate entities with respect to such programs. Directs the Secretary to establish an information clearinghouse regarding foster care programs available in the United States. Directs the Secretary to evaluate such programs and report to Congress by January 1, 1984. Directs the Secretary to prescribe regulations relating to the compensation to be received by persons in whose home an elderly person receives foster care under such program. Authorizes the Secretary, in carrying out such demonstration programs, to make: (1) foster care maintenance payments on behalf of elderly persons who are eligible for medicare hospital insurance benefits, from the Federal Hospital Insurance Trust Fund; and (2) payments to States under the medicaid program with respect to amounts expended by States for foster care maintenance payment to elderly persons otherwise eligible for medical assistance under the State's approved Medicaid plan. Sets forth factors upon which the Secretary is to make determinations of the amount of such payments. Prohibits taking such foster care into consideration in determining eligibility for, or amount of, supplemental security income benefits or specified State payments. Authorizes appropriations for such grants and contracts of $1,500,000 for each of fiscal years 1981 through 1983. Provides that such appropriations shall be: (1) available for the costs of such demonstration programs, including payments to persons in whose home an elderly person receives foster care; and (2) available with regard to any elderly person participating in the program, including those for whom specified payments and contributions do not adequately compensate persons in whose home they receive care.
United States · United States Congress · 17 April 1980
Amends the Immigration and Nationality Act to authorize the Attorney General to correct the birthdates on naturalization certificates of individuals admitted as immigrants between December 22, 1945, and November 1, 1954, if such original misrepresentation was predicated upon a fear of persecution if repatriated rather than to evade the existing immigration quotas.
United States · United States Congress · 17 April 1980
Community Energy Act - Title I: General Provisions - Sets forth: (1) Congressional findings; (2) the purpose of this Act (to develop a national community energy policy); and (3) definitions of terms used in this Act. Title II: Local Energy Management Partnership - Amends the Housing and Community Development Act of 1974 to authorize the Secretary of Housing and Urban Development to make energy conservation block grants (from the Solar and Conservation Reserve) in order to encourage units of general government to adopt and implement community plans and programs designed to achieve significant energy savings and encourage the use of renewable energy resources. Requires a grant applicant to submit a three-year comprehensive community energy conservation strategy which describes energy needs and directives. Directs the Secretary to annually review and audit each grantee's program. Provides that 80 percent of funds appropriated for grants in any year shall be allocated to metropolitan areas. Authorizes the Secretary of Energy to make grants to units of local government and to States and areawide planning organizations in behalf of units of local government to implement energy projects which the Secretary finds will contribute to a significant reduction in the use of nonrenewable energy supplies. Prohibits making such grants: (1) if the grant will not primarily benefit the public; (2) for projects intended to facilitate the (relocation of industrial or commercial plants of facilities, unless the relocation does not significantly and adversely affect the unemployment or economic base from which the plant is to be relocated; or (3) for projects which could be successful without Federal financial assistance. Directs the Secretary to annually review and audit such projects. Limits to 80 percent the funds available for grants to units of local government located in metropolitan areas. Directs the Secretary, in cooperation with the Secretary of Housing and Urban Development, to establish and operate a National Community Energy Reference Center to provide information and technical assistance in planning and implementing local programs and activities in conservation and renewable resources to units of local government, areawide planning organizations, and neighborhood and community-based organizations. Title III: State Energy Management Partnership - Amends the Energy Policy and Conservation Act to authorize the Secretary of Energy to provide financial assistance to assist States and Indian tribes to develop, implement, or modify a State energy plan, or portion thereof, submitted pursuant to its energy plan and to provide technical assistance to States and Indian tribes for energy planning and management. Directs the Secretary to prescribe guidelines for State plans which shall include: (1) a description of State energy supply and demand and of its goals and policies; (2) a management plan for, and a description of, planned uses of funds provided pursuant to this Act and under any other Federal financial assistance program that the State intends to use to implement the State energy plan; (3) a description of how the State plans to implement this energy conservation and renewable resource programs required by this Act; (4) preparation of a State emergency conservation plan prepared pursuant to the Emergency Energy Conservation Act; (5) a description of the provisions of the participation of units of local government, Indian tribes, and the public; (6) a program to grant appropriate units of local government authority to enact related ordinances which include mandatory measures; and (7) a description of the means by which the preparation and implementation of the State energy plan will be coordinated with plans and programs of State agencies and units of local government for economic development, transportation, environmental protection, coastal management, and other energy-related purposes, and assurance that due regard will be given to the needs of the poor, handicapped, and elderly. Requires each State receiving financial assistance pursuant to its State energy plan to: (1) implement the Building Energy Performance Standards program of the Energy Conservation and Production Act; (2) permit motor vehicles to turn right at a red light after stopping; (3) provide for a program to prevent unfair or deceptive practices affecting commerce which relate to the implementation of energy conservation and renewable resource measures; (4) promote the availability of carpools, vanpools, and public transportation; (5) utilize energy conservation measures and renewable resources in State facilities; and (6) provide: (1) for a energy extension program as described in the National Energy Extension Service Act. Requires a State receiving assistance pursuant to its State energy plan to provide: (1) for a satisfactory consultation process with local government units, Indian tribes, and the public; (2) financial assistance to local government units; and (3) for the direct involvement of those units of local government that own and operate a public utility engaged in energy demand and supply forecasting activities as must be provided for ina State energy plan. Sets forth various administrative provisions, including that a State or unit of local government receiving financial assistance, under its State energy plan, must provide that at least 70 percent of the assistance will be spent for the development and implementation of programs for energy conservation and renewable resources. Authorizes a State to make an annual consolidated application for financial assistance under this Act and under any State energy program or programs. Repeals provisions of the National Energy Extension Service Act which provide for the establishment, implementation, and authorization of appropriations for the Energy Extension Service.
United States · United States Congress · 15 April 1980
Directs the President to utilize the forum of the Venice Economic Summit to urge the development of an International Code of Business Conduct. Expresses the sense of Congress that the President should negotiate and report to Congress concerning agreements to establish standards of ethical and equitable conduct of international business and mechanisms to resolve problems. Requires the Joint Economic Committee to report to Congress concerning its recommendations regarding such negotiations.
United States · United States Congress · 28 March 1980
Amends the Internal Revenue Code to allow an investment tax credit to a taxpayer for up to 66 2/3 percent of the qualified United States costs of any theatrical production in which such taxpayer has an ownership interest. Defines such costs as: (1) direct production costs allocable to the United States (including the cost of equipment, supplies, and compensation for services performed, but not cost of advertising and promotion); plus (2) if 80 percent or more of the direct production costs are allocable to the United States, all other production costs (including the cost of overhead, presentation rights, residuals, and participations) allocable outside the United States.
United States · United States Congress · 28 March 1980
Authorizes and requests the President to designate the week beginning with the Sunday preceding the fourth Thursday in November of each year as "National Family Week."
United States · United States Congress · 24 March 1980
Powerplants Fuel Conservation Act of 1980 - Title I: Statement of Purposes - States the purpose of this Act. Title II: Accelerated Fuels Conversions of Certain Powerplants - Amends the Powerplant and Industrial Fuel Use Act of 1978 to prohibit the use of petroleum or natural gas as a primary energy source in certain identified electric powerplants, without express exemption by the Secretary of Energy. Authorizes the Secretary to make grants, which shall not be considered income for Federal income tax purposes, to any eligible utility to assist it in meeting qualifying capital costs of converting such powerplants to the use of coal or another alternate fuel as a primary energy source. Specifies grant application requirements. Limits the amount of any grant to the lesser of: (1) 50 percent of the utility's qualifying capital costs; or (2) $4 per barrel of oil displaced on the utility's system by the converting facility. Authorizes appropriations for such grants for fiscal year 1982. Authorizes the Secretary to make a grant to an eligible utility to pay all or a portion of the capital costs of the design and installation of advanced sulfur removal systems for existing electric powerplants. Specifies general requirements for application for such grant and general criteria for approval. Requires the Secretary to submit every such application to the Administrator of the Environmental Protection Agency for his recommendation and certification that the powerplant in question is in compliance with applicable air quality standards. Authorizes appropriations for such grants for fiscal year 1982. Authorizes the Secretary to make grants to any eligible person for the purpose of paying up to 20 percent of the qualifying capital costs for the construction of coal preparation facilities for reducing the sulfur content of coal. Specifies general requirements for application for such grant and general criteria for approval. Requires submission of every such application to the Administrator for his evaluation and recommendation. Directs the Secretary to give priority in approving grants to those applications which the Administrator determines are likely to result in a significant reduction in emissions from coal combustion. Authorizes appropriations for such grants for fiscal year 1982. Prohibits recovery after December 31, 1985, of any fuel costs by any utility for petroleum or natural gas used in a powerplant by use of an automatic adjustment clause in its rate schedule, without express exemption by the Secretary. Title III: Voluntary Fuels Displacement Program - Amends the Powerplant and Industrial Fuel Use Act of 1978 to authorize the Secretary to provide financial assistance to any qualifying electric utility to achieve reductions in the use of petroleum and natural gas as the primary energy source in electric powerplants. Requires such assistance to be in a manner commensurate with a utility's percentage share of a total 1990 petroleum and natural gas fuel displacement target of 600,000 barrels per day, not to exceed $10,000 per barrel per day of fuel displacement. Requires any electric utility seeking financial assistance to petition the Secretary for determination of its base period usage of petroleum and natural gas. Specifies general contents of any fuel displacement plan. Conditions approval of any such plan by the Secretary upon prior approval by the Governor of the State where the powerplant involved is located. States that inclusion of all or part of a new facility in a fuel displacement plan that is approved by the Secretary shall satisfy any requirement for a determination of need for power otherwise required for the purposes of any State or local law. Provides for recapture by the United States of any financial assistance to any utility failing to achieve or maintain its 1990 fuel displacement target. Requires annual reports to the Secretary by assisted utilities. Authorizes the Secretary to provide $10,000,000 for the establishment and operation of offices of consumer services to assist consumers in their presentations before State agencies in matters directly related to the development and review of fuel displacement plans. Requires the Secretary to make an annual report to Congress on progress toward reducing consumption of petroleum and natural gas by electric utilities. Authorizes appropriations for fiscal year 1982 to carry out the provisions of this Title. Title IV: Mandatory Study - Amends the Powerplant and Industrial Fuel Use Act of 1978 to require every electric utility which consumed 250,000 barrels or more of petroleum or natural gas equivalent on annual average during the calendar years 1974 through 1978 to submit to the Secretary and the appropriate State regulatory authorities a fuel displacement study containing a 15-year forecast of: (1) the estimated cost of continued use of petroleum and natural gas; and (2) the total estimated cost of converting existing powerplants to coal or other alternate fuel use, constructing new plants using coal or other alternate fuel as a primary energy source, or implementing energy conservation programs to eliminate or reduce the use of petroleum and natural gas. Requires the Secretary to submit a comprehensive report to Congress before April 1, 1982, with respect to the results of such fuel displacement studies. Title V: Other Funding Provisions - Sets fiscal year ceilings on appropriations authorized by this Act. Allocates portions of such authorizations to fiscal years 1980 and 1981. Title VI: Other Conforming Amendments - Amends the Powerplant and Industrial Fuel Use Act of 1978 to make conforming amendments consistent with this Act.
United States · United States Congress · 5 March 1980
Authorizes appropriations for the acquisition of the Tinicum National Environmental Center, for construction of environmental educational center facilities, and for other development projects on the Center. Directs the Administration of the Environmental Protection Agency, in consultation and cooperation with the Fish and Wildlife Service, to investigate potential environmental hazards resulting from the Folcroft landfill within the boundary of such Center, and to make recommendations thereon.
United States · United States Congress · 4 March 1980
Export Trading Company Act of 1980 - Directs the Secretary of Commerce, through the Assistant Secretary of Commerce for Trade Promotion, to promote export trading companies and facilitate contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest up to specified amounts in export trading companies without obtaining the prior approval of the appropriate Federal banking agency. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations after: (1) filing an application to make such investments with the appropriate Federal banking agency; and (2) proposed investment is not denied by such agency. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Prohibits those banking organizations, and their affiliates, with an ownership interest in any export trading company from extending credit to such companies or customers of such companies on more favorable terms than those afforded to similar borrowers. Authorizes the Export-Import Bank of the United States to provide loans and guarantees to export trading companies for the financing of exports and export trade services in specified circumstances. Limits the amount of loans and guarantees to any one company and in the aggregate. Declares that such authority shall expire five years from enactment. Authorizes the Bank to provide loan guarantees to such companies or exporters to be secured by accounts receivable or inventories in specified circumstances. Permits State and local governments to participate in export trading companies. Declares that such companies shall be eligible for the Export-Import Bank's loans and guarantees under this Act. Amends the Webb-Pomerene Act to exempt export trading companies solely with respect to their export trade activities from antitrust restrictions. Amends the Internal Revenue Code of 1954 to make banking organizations which have invested in an export trading company eligible for treatment as domestic international sales corporations (DISC). Includes the gross receipts from the export of services produced in the United States and from export trade services as qualified export receipts, in the case of a DISC which is an export trading company. Directs the Secretary of Commerce, with the Secretary of the Treasury, to develop and distribute information concerning the utilization of the DISC provisions. Amends the Internal Revenue Code of 1954 to make export trading companies eligible for Subchapter S treatment if the shareholders of such companies are otherwise small business corporations. Exempts such companies from restrictions on the amount of foreign income they can receive and still be eligible for Subchapter S tax treatment.
United States · United States Congress · 4 March 1980
Expresses the sense of the Senate that the first concurrent resolution on the budget for fiscal year 1981 reported by the Committee on the Budget shall limit budget outlays to 21 per cent of the gross national product.
United States · United States Congress · 28 February 1980
Monongahela River Waterways Improvement Act of 1980 - Authorizes the Secretary of the Army, through the Chief of Engineers, to construct specified locks and dams on the Monongahela River, Pennsylvania.
United States · United States Congress · 28 February 1980
Requires adjustments in census population figures for illegal aliens so as not to count such people for purposes of reapportionment of the House of Representatives, legislative apportionment and districting of the States, and allocation of Federal funds.
United States · United States Congress · 26 February 1980
Export Expansion Facility Amendments of 1980 - Declares it to be the policy of the Congress that the Export-Import Bank of the United States should facilitate, particularly in the presence of foreign officially-supported export credit competition, exports to countries: (1) having insufficient access to international credit facilities; (2) demonstrating reasonable economic progress; and (3) offering adequate formal assurances (currently, must offer only sufficient likelihood) of repayment. Increases the aggregate amount of loans and contractual liability of guarantees and insurance which may be outstanding at any one time. Requires such activities to be carried out through the Export Expansion Facility. Provides for the capitalization of such Facility.
United States · United States Congress · 26 February 1980
Competitive Export Financing Act of 1980 - Amends the Export-Import Bank Act of 1945 to direct the Export-Import Bank to adopt export finance programs comparable in structure to those extraordinary measures of official export credits offered by competing countries, until such financing is limited by international agreements. Requires the Bank to report annually to Congress as to whether any additional appropriations or any increases in its commitment authority or ceiling levels are necessary to carry out this Act. States that this Act shall not take effect until six months after enactment, unless the President defers the effective date for an additional six months.
United States · United States Congress · 26 February 1980
Congratulates the members of the 1980 U.S. Winter Olympic team, its coaches and officials for a job well done. Recognizes the International Olympic Committee, the U.S. Olympic Committee, the Lake Placid Olympic Organizing Committee and the people of the Lake Placid area for their successful efforts in organizing and producing the XIII Winter Olympic Games.
United States · United States Congress · 18 February 1980
Amends the Internal Revenue Code to exclude from gross income unemployment compensation payments (otherwise includible under the Revenue Act of 1978) which were made in 1979 after legal challenges to a 1973 work stoppage failed.
United States · United States Congress · 18 February 1980
Establishes the Legionville National Historic Site in the State of Pennsylvania to preserve and protect the site of the first United States military training camp. Authorizes the Secretary of the Interior to acquire specified lands for such purpose and to administer such property pursuant to applicable law. Directs the Secretary to enter into cooperative agreements with appropriate public or private entities for the management, development, and interpretation of such property.
![Official portrait of Sen. Heinz, John [R-PA]](https://www.congress.gov/img/member/h000456_200.jpg)