United States · United States Congress · 9 December 1975
Provides that in civil actions where the United States is a plaintiff, a prevailing defendant may recover a reasonable attorney's fee and other reasonable litigation costs, whether or not other costs are awarded or awardable against the United States.
United States · United States Congress · 8 December 1975
Regulatory Reform Act - Provides that before any rule promulgated by any Federal agency can become effective, it must be submitted to the Congress for approval. Requires that an economic impact statement accompany such submission. Authorizes agencies to make rules which impose a penalty upon an employer of an employee who violates any rule or regulation in effect against such employer. States that no agency may require an applicant or a party to an agency proceeding to provide such agency with information or documents which have been previously furnished to such agency or which are not directly relevant to such application or proceeding. Entitles the applicant for any license to reimbursement by such agency for the complete costs of such party's application if such agency has not made a final determination in the licensing proceeding within six months of the date of announcement of the intention of any such proceeding.
United States · United States Congress · 8 December 1975
Declares it to be the sense of the House of Representatives that: (1) the Government of the United States should maintain and protect its sovereign rights and jurisdiction over the canal and zone, and should in no way cede, dilute, forfeit, negotiate, or transfer any of these sovereign rights, power, authority, jurisdiction, territory, or property that are indispensably necessary for the protection and security of the United States and the entire Western Hemisphere; (2) that there be no relinquishment or surrender of any presently vested United States sovereign right, power, or authority or property, tangible or intangible, except by treaty authorized by the Congress and duly ratified by the United States; and (3) that there be no recession to Panama, or other divestiture of any United States-owned property, tangible or intangible, without prior authorization by the Congress (House and Senate), as provided in article IV, section 3, clause 2 of the United States Constitution.
United States · United States Congress · 1 December 1975
Increases the value of exemptions for taxable estates under the Internal Revenue Code from $60,000 to $200,000 of the value of the gross estate. Increases the limitation on the aggregate marital deduction to 50 percent of the adjusted gross value of the estate, plus $100,000. Allows an executor to value farmland, woodland, and scenic open land at its current use value rather than at its fair market value.
United States · United States Congress · 20 November 1975
Truth in Government Accounting Act - Requires that the United States Government prepare and make public annual consolidated financial statements utilizing the accrual method of accounting.
United States · United States Congress · 20 November 1975
Directs the House Committee on Appropriations and the Committee on International Relations to begin immediate studies of the relationship of the United States with the United Nations and to report, within three months, to the Speaker of the House of Representatives recommendations with respect to whether the manner and nature of such relationship should be changed.
United States · United States Congress · 17 November 1975
National Commission on Regulatory Reform Act - Establishes the National Commission on Regulatory Reform. Directs the Commission to make a full and complete study of such regulatory activities of the independent regulatory agencies of the Federal Government as the Commission determines to be primarily economic in nature and to have a significant effect on the segments of the economy involving transportation, communication, the development and distribution of energy resources, or financial institutions. States that such study shall be undertaken to determine: (1) whether such regulatory activities have limited competition within such segments of the economy, and if they have, what the economic consequences have been, (2) whether such regulatory activities have, in other way, contributed to current economic difficulties, in particular inflation; and (3) whether changes need to be made with regard to such independent Federal establishments and their regulatory activites. Requires that such study shall include, with regard to each independent Federal establishment whose regulatory activities are included in such study: (1) an analysis of the purposes for which it was created, its structure and jurisdiction, the statutory framework governing its operation and activities, and the procedures and policies it has adopted; (2) an assessment of its effectiveness in carrying out its purposes; (3) an analysis of the costs and benefits of its various programs and policies, with particular reference to any adverse economic impact; and (4) an examination of the relationship between its regulatory activities and those of State and local regulatory agencies. Sets forth the membership, powers, and authority of the Commission. Directs the Commission to submit to the President and Congress within one year a report containing: (1) a statement of the status of the study being conducted pursuant to this Act; (2) a detailed statement of any findings made or conclusions reached by the Commission; and (3) any recommendations for legislation or administrative action, or both, deemed appropriate by the Commission.
United States · United States Congress · 13 November 1975
National Food Stamp Reform Act - Defines "household" under the Food Stamp Act as meaning a group of individuals who are sharing common living quarters, but who are not residents of an institution or boarding house, and who have access to cooking facilities and for whom food is customarily purchased in common. Provides that the Secretary of Agriculture may not approve any plan which permits any household to simultaneously participate in both the food stamp program and the distribution of federally donated foods. Requires the Secretary to establish uniform national standards of eligibility for participation by households in the food stamp program. States that the income standards of eligibility shall be the income poverty guidelines prescribed by the Office of Management and Budget adjusted pursuant to the Economic Opportunity Act. Directs the Secretary to prescribe additional standards of eligibility which shall include, but not be limited to, the amounts of liquid and nonliquid assets. Provides that household income for purposes of the food stamp program shall be the gross income of the household less: (1) a standard deduction of $100 a month applicable to all households; (2) an additional deduction of $25 a month for any household in which there at least one member who is age sixty-five or older. Limits eligibility to participate in the food stamp program to citizens and aliens lawfully admitted for permanent residency. States that no individual shall be considered eligible for the food stamp program as a member of a household if he is: (1) over 18; (2) is enrolled at an institution of higher education; and (3) is a dependent child for income tax purposes of a taxpayer who is not a member of an eligible household. Prohibits households which transfer liquid or nonliquid assets for the purpose of qualifying for the food stamp program from becoming eligible for at least a ninety-day period. Requires the Secretary to issue photo identification cards to households certified eligible to participate in the program. States that households shall be charged thirty percent of their income for the coupon allotment issued to them. Provides that if a State agency does not comply with the provisions of the Food Stamp Act, the Secretary may refer the matter to the Attorney General with a request for an injunction, or he may direct that there be no further inssuance of coupons in the political subdivisions where such failure has occurred until such time as satisfactory corrective action has been taken. Directs the Secretary to pay to each State agency out of funds appropriated by Congress an amount equal to 75 percent of all direct costs of State food stamp program investigations, prosecutions, and State activities related to recovering losses sustained in the food stamp program. Provides for a civil money penalty of up to $10,000 for each violation of the Food Stamp Act.
United States · United States Congress · 13 November 1975
Revises the Domestic Volunteer Service Act to provide that developmentally disabled children receiving services under the foster grandparent program may continue to receive such services regardless of the age of such individual, if the continuation of such aid mutually benefits such individual and the volunteer. Provides that Federal funds may be expended for such program only if the child is being fully served in accordance with the Act.
United States · United States Congress · 11 November 1975
Expresses the sense of the House of Representatives that the President should, upon visiting the People's Republic of China, request that the Chinese officials use their good offices to obtain an accounting of members of the United States Armed Forces missing in action and confined as prisoners of war in Southeast Asia and of all American civilian personnel who are listed as missing in Southeast Asia. Requests that upon his return to the United States, the President should report back to the Congress on the results of his request.
United States · United States Congress · 6 November 1975
Dairy Import Sanitation Act - Provides for the inspection of imported dairy products in order to protect the public health and welfare. Requires that such products comply with minimum standards for sanitation established by the Secretary of Agriculture and that the dairy farms on which milk is produced and the plants in which such products are produced meet minimum standards of sanitation. States that such standards shall be comparable to the standards of purity, wholesomeness, and sanitation recommended by the Secretary for domestic dairy products. Authorizes appropriations of such sums as are necessary to carry out the administration and supervision of the provisions of this Act.
United States · United States Congress · 4 November 1975
States that approval of State highway safety programs by the Secretary of Transportation shall not be contingent upon any requirement that a State adopt a law or regulation requiring any motorcycle operator 18 years of age or older or passenger 18 years of age or older to wear a safety helmet when operating or riding a motorcycle. (Amends 23 U.S.C. 402)
United States · United States Congress · 28 October 1975
Real Estate Settlement Procedures Act Amendments. Repeals, under the Real Estate Settlement Procedures Act, the requirements for advance disclosure of specific settlement costs and the disclusure of the house's previous selling price. Alters, under such Act, the definition of "federally related mortgage loan" to exclude construction loans and second trusts. Excludes any agency or instrumentality of a State from the definition of "creditor. Provides the Secretary of the Department of Housing and Urban Development with authority to modify the uniform settlement statement required under the Real Estate Settlement Procedures Act to adopt such statment to area differences in local laws and customs. Modifies the information booklet designed by HUD to include general estimates of the settlement costs likely to be borne by the borrower. Requires lenders to give out the booklet and estimates only upon a written application for a mortgage loan.
United States · United States Congress · 23 October 1975
Condemns the resolution adopted by the Third Committee of the United Nations General Assembly which equates Zionism with racism, and urges the U.N. General Assembly to disapprove such resolution.
United States · United States Congress · 9 October 1975
Requires Executive agencies to submit proposes ruless and an explanation thereof to Congress. Provides that such proposes rules shall become effective within 60 days after submission unless either House of Congress disapproves of such rules by resolution.
United States · United States Congress · 8 October 1975
Provides that within 15 days after the passage of this Act, the Federal Power Commission shall by regulation exempt natural gas companies from regulation under the Natural Gas Act of any activities or operation relating to the transportation or sale of natural gas; including natural gas subject to any contract for the sale or delivery of such gas, to any interstate natural gas pipeline company which does not have a sufficient supply of natural gas to fulfill the firm contractual requirements of specified customers, and which is curtailing deliveries pursuant to a curtailment plan on file with the Commission. Provides that no exemption granted under this Act shall exceed one year in duration, but the Commission may, for good cause shown, extend any exemption granted for an additional one year. States that the Commission shall not deny, in whole or in part, the purchase price paid by an interstate natural gas pipeline company for gas exempted under this Act and regulations issued hereunder.
United States · United States Congress · 7 October 1975
Expresses the sense of Congress that the United States Government while engaged in a lessening of tensions with the People's Republic of China, do nothing to compromise continued close relations with the Republic of China.
United States · United States Congress · 3 October 1975
Provides that individuals attending or teaching at vocational schools shall be eligible to serve as congressional interns in the House of Representatives.
United States · United States Congress · 2 October 1975
Title I: Oil Pricing Act - Extends the authority of the President to promulgate regulations providing for the mandatory allocation of crude oil, residual fuel oil and refined petroleum products until January 31, 1979. Requires such regulations to provide for a primary ceiling price for controlled old crude oil not to exceed the ceiling price for controlled old crude oil pursuant to the regulation in effect on August 31, 1975, and for a secondary ceiling price for all crude oil other than controlled old crude oil. States that if the President finds at any time after November 1, 1975, that there is no shortage of a particular oil or product, and that exempting such product from regulation will not have an adverse effect on the supply of any other oil or refined petroleum products, he may exempt such item from regulations pertaining to either allocation of amounts or specifications of price. Title II: Oil Deregulation Tax Act - Imposes an excise tax under the Internal Revenue Code on the deregulation profits from taxable domestic crude oil removed from the premises during each taxable period, in an amount equal to 90 percent of the deregulation profit from each taxable barrel of crude oil removed. Allows a tax credit for persons subject to such tax in an amount equal to the lower of 50 percent of the amount of tax imposed for such taxable period or such person's plowback investment for such taxable period. Requires the purchaser of domestic crude oil to furnish to the person liable for such tax a monthly statement showing specified information, including: (1) the amount of domestic crude oil purchased from such person during such month, and (2) the amount of taxable domestic crude oil purchased from such person during such month. Establishes criminal penalties for willful failure to furnish required information regarding the deregulation profits tax on domestic crude oil.
United States · United States Congress · 29 September 1975
Expresses the sense of the Congress that the signing in Helsinki of the Final Act of the Conference on Security and Cooperation in Europe did not change in any way the longstanding policy of the United States on nonrecognition of the Soviet Union's illegal seizure and annexation of the three Baltic nations of Estonia, Latvia, and Lithuania.
United States · United States Congress · 19 September 1975
Provides that within 15 days after the passage of this Act, the Federal Power Commission shall by regulation exempt natural gas companies from regulation under the Natural Gas Act of any activities or operation relating to the transportation or sale of natural gas; including natural gas subject to any contract for the sale or delivery of such gas, to any interstate natural gas pipeline company which does not have a sufficient supply of natural gas to fulfill the firm contractual requirements of specified customers, and which is curtailing deliveries pursuant to a curtailment plan on file with the Commission. Provides that no exemption granted under this Act shall exceed one year in duration, but the Commission may, for good cause shown, extend any exemption granted for an additional one year. States that the Commission shall not deny, in whole or in part, the purchase price paid by an interstate natural gas pipeline company for gas exempted under this Act and regulations issued hereunder.
United States · United States Congress · 10 September 1975
Requires that the support price of milk be adjusted by the Secretary of Agriculture at the beginning of each quarter to reflect estimated changes during the immediately preceding quarter in the index of prices paid by farmers of production items, interest, taxes and wage rates.
United States · United States Congress · 3 September 1975
Expresses the House of Representatives strong disapproval of efforts to expel Israel from the United Nations. States that if Israel is expelled the United States should reassess its relationship with the United Nations General Assembly. Provides that such reassessment shall include possible withdrawal from that body.
United States · United States Congress · 1 August 1975
Assures the continuation of the present practice under which payments by States, with respect to coverage of State and local employees under the Federal Old Age, Survivors, and Disability Insurance program of the Social Security Act, are made on a quarterly basis.
United States · United States Congress · 1 August 1975
Provides under the Social Security Act that an Old-Age, Survivors, and Disability Insurance claimant shall be entitled to an informal conference reconsidering an initial adverse decision concerning such claimant's eligibility for benefits. Prescribes the procedures for such reconsideration hearings. Requires that such a hearing be presided over by an administrative law judge and conducted on the record.
United States · United States Congress · 31 July 1975
States that the Administrator of the Environmental Protection Agency may continue the system of ad valorem taxation to industrial users of treatment works constructed pursuant to the Federal Water Pollution Control Act if he determines that a change from such a system would be costly, disruptive, or difficult; and if he determines that classes of recipients of wast treatment services and industrial users of such services will receive and pay for their proportionate share of services under such system.
United States · United States Congress · 24 July 1975
Provides, under the Internal Revenue Code, that expenses incurred for the adoption of a child shall be treated for tax deduction purposes as amounts paid for the medical care of a dependent of the taxpayer. Limits such amounts to $2,000.
United States · United States Congress · 17 July 1975
Provides in addition to the punishment otherwise provided for the commission of a felony that anyone who uses a firearm to commit any felony, or carries a firearm unlawfully during the commission of any felony, the commission of which may be prosecuted in a court of the United States, shall be sentenced to a term of imprisonment for not less than two years nor more than ten years. Allows the United States to appeal a suspended or probationary sentence following a first conviction under this Act.
United States · United States Congress · 11 July 1975
Disapproves the loan of three landing craft (LCM-8's) to Panama, as proposed by the letter from the Department of the Navy of May 5, 1975, to the Committee on Armed Services of the House of Representatives.
United States · United States Congress · 26 June 1975
Provides in addition to the punishment otherwise provided for the commission of a felony that anyone who uses a firearm to commit any felony, or carries a firearm unlawfully during the commission of any felony, the commission of which may be prosecuted in a court of the United States, shall be sentenced to a term of imprisonment for not less than two years nor more than ten years. Allows the United States to appeal a suspended or probationary sentence following a first conviction under this Act.
United States · United States Congress · 26 June 1975
Increases from $1,000,000 to $10,000,000 the amount of interest on industrial development bonds which may be excluded from gross income under the Internal Revenue Code of 1954.
United States · United States Congress · 25 June 1975
Permits the Secretary of the Treasury under the State and Local Fiscal Assistance Act to withhold a percentage of the total entitlement payment for any period to insure sufficient funds for final allocation of funds among the state and local units of government. Appropriates to the State and Local Government Fiscal Assistance Trust Funds: (1) $1,625,000,000 for fiscal year 1976, (2) $6,687,500,000 for fiscal year 1977, (3) $6,837,500,000 for fiscal year 1978, (4) $6,987,500,000 for fiscal year 1979, (5) $7,137,500,000 for fiscal year 1980, and (6) $7,287,500,000 fiscal year 1981. Appropriates to the Fund as noncontiguous States adjustments: (1) $1,195,000 for fiscal year 1976, and (2) $4,780,000 for each of the fiscal years 1976 through 1981. Exempts amounts appropriated to the Fund from the provisions of the Congressional Budget Act. Directs the Secretary of the Treasury to submit a report with appropriate recommendations to the Congress no later than September 30, 1980, concerning the extension of this title. Declares that if the entitlement of any Indian tribe or Alaskan native village is waived for any entitlement period, then the amount of such entitlement shall become part of the entitlement of the county government of the county in which such unit is located. Increases the maximum percentage points per entitlement period until it reaches 175 percent. Directs each State and local unit of government which receives funds under such Act to submit a report to the Secretary after the close of each entitlement period on the use of the funds received. Directs such unit of local government which expects to receive funds to submit a report to the Secretary on how it plans to use the funds it expects to receive. Empowers the Secretary whenever he determines that a unit of government has failed to comply with an applicable regulation to withhold all or a portion of the entitlement funds due such unit of government, to terminate the eligibility of such unit of government, and to require repayment of the entitlement funds expended. Requires units of government to provide an opportunity for citizens to give recommendations and views on the proposed expenditures of all funds within such units distributed under such Act.
United States · United States Congress · 25 June 1975
Capital Recovery Act - Provides, under the Internal Revenue Code, a deduction for capital recovery to be used in lieu of the existing depreciation deduction at the election of the taxpayer. Defines the property with respect to which such a deduction may be made. Sets forth tables from which the amount of such deduction may be determined based on the acquisition costs of the property and the number of taxable years passed since acquisition. Authorizes the taxpayer to carry a portion of the deduction allowable for one taxable year to succeeding years.
United States · United States Congress · 25 June 1975
Adds rule XLV to the Rules of the House of Representatives. Provides that the Congressional Record shall contain an accurate and verbatim account of remarks delivered on the floor of the House together with supportive data. Directs that revisions of the Record shall be limited to the correction of grammatical and typographical errors. Allows insertions in the Record of remarks not actually delivered on the floor by unanimous consent. Requires that such insertions be printed in a type face distinctively different from that used for verbatim remarks.
United States · United States Congress · 23 June 1975
National Food Stamp Reform Act - Defines the term "income" as used in the Food Stamp Act as the monthly gross income of all members of a household, including any in-kind payment, and the total value of any publicly funded assistance payments which supplement food and housing needs. Excludes specified individuals from the definition of "household. Provides for the distribution of federally donated foods to households upon the request by a political subdivision that such distribution be made to all eligible households in lieu of food stamps. Excludes households from eligibility for food stamps: (1) if the monthly household income exceeds the poverty index level of income established by the Office of Management and Budget; or (2) if the market value of liquid and nonliquid resources of a household consisting of one individual exceeds $1,500 or the resources of a multiple member household exceed $2,250 exclusive of specified resources. Excludes from eligibility households which include an able-bodied adult between the ages of 18 and 65 who is enrolled in an institution of postsecondary education and such enrollment is a substitute for fulltime employment. Declares that a refusal to work at a plant or site because of a strike or other labor dispute shall be deemed a refusal to work which makes the household of the nonworking individual ineligible for food stamps. Rejects as an excuse for refusal to accept work a condition of employment which requires an individual to join, resign from, or refrain from joining any labor organization. Directs the Secretary of Agriculture to require each household receiving benefits under this Act to report its income at least once each month. Requires food coupons to be designed with a space for the recipient to sign upon receipt and again at redemption. Requires one member of each eligible household to be issued a photo-identification card with a color photograph of the recipient. States that such card must be presented at redemption at a food store. Sets forth specific instructions to provide control and accountability over the distribution of food coupons to State agencies. Ties the value of the coupon allotment to the overall retail cost-of-living index. States that the "nutritionally adequate diet" as used to determine the amount of the coupon allotment shall mean the low-cost food plan developed by the Agricultural Research Service of the Department of Agriculture. Establishes as the charge a household shall pay for its coupon allotment the lesser of: (1) the percentage of its income which would be expended for food by an average household of its size and income range in the same region of the country; or (2) 30 percent. Provides, under the requirements for State plans for the administration of the food stamp program, for closer State supervision of eligibility by households. Requires the State agencies administering the program to conduct nutrition education programs for recipients. States that the United States Postal Service shall serve as a food stamp issuing agency upon the request of a State food stamp administration agency. Directs the Secretary of Agriculture to pay the States 100 percent of the costs of providing food stamps to eligible aliens, and 75 percent of the costs of State investigations, prosecutions, collections of claims and other State activities related to retrieving food stamp losses. Provides for payment by the Federal Government to the States of a share of the difference between the face value of the coupon allotment and the amount charged eligible households for the allotment. Sets forth the method of determining and paying the Federal share. Directs the transfer of all functions of the Secretary of Agriculture under the Food Stamp Act to the Secretary of Health, Education, and Welfare.
United States · United States Congress · 23 June 1975
Emergency Housing and Mortgage Assistance Act - Title I: Stimulation of Housing Construction - Emergency Home Purchase Assistance Amendments - States that mortgages purchased by the Governmental National Mortgage Association under the Emergency Home Purchase Assistance Act may not have an interest rate in excess of seven and one-half percent. Increases the total amount of mortgage purchases and commitments which may be made by the Secretary of Housing and Urban Development under such Act to $10,000,000,000. Requires that at least 80 percent of such funds be used to purchase mortgages having original principal obligations not exceeding $36,000. Authorizes the Secretary to purchase mortgages of multifamily residence not purchased under present laws. Title II: Emergency Mortgage Relief - Emergency Homeowner's Relief Act - States it to be the purpose of this Act to prevent widespread mortgage foreclosure and distress sale of homes, resulting from temporary loss of employment and income through a program of emergency loans and advances and mortgage relief payments to homeowners. Sets forth as conditions for the extension of assistance under this Act: (1) that the holder of the mortgage has indicated his intention to foreclose to the mortgagor; (2) that mortgage payments have been delinquent for at least three months; (3) that adverse economic conditions have caused the mortgagor to become involuntarily unemployed or underemployed and to have incurred a substantial reduction in income as a result; (4) that there is a reasonable prospect that the mortgagor will be able to make the adjustments necessary for a full resumption of mortgage payments; and (5) that the mortgaged property is the principal residence of the mortgagor. States that assistance provided under this Act will be in the form of either: (1) emergency mortgage relief loans or advances of credit; or (2) emergency mortgage relief payments. Sets the limits of such payments at $250 per month for up to 12 months with one 12-month extension available. Provides that payments be repaid on such terms as the Secretary prescribes. Authorizes the Secretary to insure financial institutions against losses which they might sustain as a result of emergency loans or advances of credit made pursuant to this Act. States that the aggregate amount of loans and advances insured shall not exceed $1,500,000 at any one time. Authorizes the Secretary to make emergency mortgage relief payments to certain mortgagees on behalf of distressed homeowners. Establishes the Emergency Homeowners' Relief Fund in the United States Treasury for making mortgage relief loans and payments pursuant to this Act. Authorizes to be appropriated such sums as may be necessary for the purposes of this Act. Directs the Secretary and the Federal supervisory agencies with respect to financial institutions to take steps to encourage forebearance in residential mortgage loan foreclosures, and to request all mortgages to give such agencies at least 30 days notice prior to instituting foreclosure proceedings. Directs the Secretary to report to Congress within sixty days of the enactment and at sixty-day intervals thereafter on the actions taken under this Act. Authorizes the Federal Deposit Insurance Corporation to make such advances to any insured bank as the Corporation determines to be necessary to facilitate participation in the program authorized by this title.
United States · United States Congress · 19 June 1975
Creates a 34-member Joint Select Committee on Energy. States that the function of such committee shall be to review all bills which deal with energy. Directs the joint select committee to consider and report a bill designed to make the United States self-sufficient with respect to the development and use of energy no later than 20 years after the date of the adoption of this resolution. Empowers the committee with authority to issue subpenas and to hold hearings. Authorizes the committee to appoint, on a permanent basis, such staff as it considers appropriate. Provides that funds necessary to carry out this concurrent resolution shall be paid from the contingent fund of the House. Directs that the joint select committee shall expire 18 months after the date of the adoption of this concurrent resolution or upon completion of this legislative process, including final disposition of any veto message.
United States · United States Congress · 17 June 1975
Administrative Rulemaking Control Act - States that it is the purpose of this Act to establish a procedure whereby Congress may review certain rulemaking activities of executive agencies, thereby exercising greater control and oversight over the operations of such agencies. Provides that an administrative rule, the violation of which subjects an individual to a criminal penalty, shall take effect only: (1) if published in the Federal Register; (2) after the expiration of 30 days of continuous session of Congress after the date on which the rule was published; and (3) if neither House of Congress passes a resolution disfavoring such a rule. Sets forth procedures governing the consideration of such rules by the Congress.
United States · United States Congress · 17 June 1975
Broadcast License Renewal Act - Permits the Federal Communications Commission to extend three-year broadcast licenses for an additional two years upon a finding of public interest. Requires in making such determination, considerations of whether different term lengths for radio and television stations and for different categories of licensees are in the public interest. Limits other class licenses to a five-year maximum, prescribing the renewal procedures for such licenses and the criteria to be considered in renewal, including responsiveness and lack of serious deficiencies. Sets guidelines for expeditious action on applications for renewal of broadcasting station licenses by limiting material required to be filed. Requires the Commission to examine the renewal process and report within six months on methods of reducing and consolidating filings and supporting documents.
United States · United States Congress · 4 June 1975
Emergency Employment Appropriation Act - Authorizes the appropriation of enumerated sums for emergency employment for fiscal year 1975. Title I: - Authorizes specified amounts for the Comprehensive Manpower Assistance, Community Service Employment for Older Americans, and Temporary Employment Assistance programs in the Department of Labor. Authorizes specified amounts for the Health Services, Higher Education, and Social and Rehabilitative Service Work Incentives programs in the Department of Health, Education, and Welfare. Authorizes $5,000,000 for the administrative expenses of the United States Railway Association in the Department of Transportation. Title II: Limits the application of sums under this Act. Prohibits the expenditure of sums authorized by this Act for the acquisition of motor vehicles other than motor vehicles manufactured and assembled in the United States.
United States · United States Congress · 21 May 1975
Jobs Creation Act - Title I: Individual Income Taxes - Allows a tax credit in the amount of 10 percent (up to $1,000) of the amount of qualified savings deposits and investments made by an individual during the taxable year. Defines qualified investments as amounts used to purchase stock in or debt instruments of a domestic corporation. Provides that the first $1,000 of capital gain shall be excluded from gross income during the taxable year. Provides for purposes of the estate tax, that the lessor of: (1) $200,000; and (2) the value of the decedent's interest in a family farming operation continually owned by him for five years prior to his death and which passes to a related individual shall be excluded from the value of the taxable estate. Title II: Corporation Taxes - Reduces the normal tax rates imposed on corporations. Increases the investment credit to 15 percent (12 percent in the case of property constructed or acquired before an unspecified date in March, 1975). Increases the corporate surtax exemption from $25,000 to $100,000. Increases the class life variance for purposes of the depreciation deduction allowed for property used in a trade or business or held for the production of income. Title III: Employee Stock Ownership Plan Financing - Creates special deductions for dividends paid during the taxable year by employers on securities held by an employee stock ownership plan (as defined by this title). Provides for the distribution of dividends to employees and repurchase of qualifying employer securities from persons receiving distributions. Provides for the exclusion from gross income of that part of a distribution held or reinvested within 60 days in income-producing assets of equivalent value for the purpose of realizing current income from such assets.
United States · United States Congress · 7 May 1975
Expresses the sense of the Congress that the Internal Revenue Service and the Congress should take action to simplify the Federal income tax forms. Calls upon the States and local governments which impose income taxes to model their forms upon the Federal income tax forms.
United States · United States Congress · 6 May 1975
Prohibits, except as provided in this Act, the inspection of tax returns and the disclosure of information contained in such returns. Authorizes the inspection of returns by or disclosure to (1) the taxpayer or his representative; (2) employees of the Internal Revenue Service and Department of Justice solely for purposes of enforcement of the tax laws; (3) State agencies charged with administration of the tax laws only for that purpose; (4) the President of the United States in the performance of his official duties; and (5) the Joint Committee on Internal Revenue Taxation for statistical purposes only. Increases the criminal penalties for unauthorized disclosure or receipt of information under this Act.
United States · United States Congress · 29 April 1975
Increases the surtax exemption allowed to corporations under the Internal Revenue Code from $25,000 to $50,000 for taxable year 1976, and then in increments of $10,000 per taxable year to $100,000 for taxable year 1981.
![Official portrait of Sen. Kasten, Robert W., Jr. [R-WI]](https://www.congress.gov/img/member/k000019_200.jpg)