United States · United States Congress · 9 October 1987
Extends until December 31, 1987, the authority of a bankruptcy trustee to pay benefits to retired former employees under a plan, fund, or program maintained or established by the debtor (through the purchase of insurance or otherwise) for the purpose of providing medical, surgical, or hospital care benefits, or benefits in the event of sickness, accident, disability, or death.
United States · United States Congress · 8 October 1987
Requires U.S. coins to be redesigned, at the discretion of the Secretary of the Treasury, over the next six years. Requires the reverse side of the first coin redesigned to commemorate the bicentennial of the U.S. Constitution for a two-year period. Requires that any profits from the sale of uncirculated and proof sets of U.S. coins be deposited in the Treasury and used solely to reduce the national debt.
United States · United States Congress · 8 October 1987
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase by $3,000 for each year from 1990 through 1994 the amount of outside income which beneficiaries who have attained retirement age may earn without incurring a reduction in benefits. Removes such income limitation thereafter. Accelerates the effective dates of increases in the delayed retirement credit rate for individuals who work beyond retirement age.
United States · United States Congress · 7 October 1987
Agriculture Nitrogen Management Act of 1987 - Directs the Secretary of Agriculture and the Administrator of the Environmental Protection Agency to establish an Agricultural Nitrogen Best Management Practices Task Force to: (1) develop agricultural best management practices to minimize nitrogen losses from all potential uses of agricultural nitrogen; (2) develop and disseminate to American farmers educational and training materials with respect to such practices; and (3) report to the Congress in one year on the progress of its efforts. Authorizes appropriations. Amends the Federal Water Pollution Control Act (Clean Water Act) to require that any State assessment report or management report be developed in consultation with the task force. Directs the Administrator to consult with the task force in preparing annual reports and final reports to the Congress.
United States · United States Congress · 7 October 1987
Amends the Internal Revenue Code with respect to the valuation of farm land for estate tax purposes. Permits a decedent's spouse who acquires farm and other real property as a result of the decedent's death to enter into a cash lease of such property with a family member and still have the property valued under use value principles rather than according to its highest and best use. Applies retroactively to leases for periods after December 31, 1976, of qualified real property of decedents dying after the same date.
United States · United States Congress · 1 October 1987
United States Coinage Reform Act of 1987 - Requires that one dollar coins be gold colored, be at least 90 percent copper, and be fabricated in the United States from natural deposits located in the United States. Redesigns the obverse side of the dollar coin to symbolize the 500th anniversary of the discovery of the New World by Christopher Columbus. Requires the Secretary of the Treasury to place such coins into circulation within 18 months. Directs the Secretary to conduct a study and report to the Congress on the advisability of phasing out production of the one-cent and 50-cent coins and of rounding cash sales to the nearest five cents.
United States · United States Congress · 30 September 1987
Directs the Office of Personnel Management to arrange for the conversion of a portion of a Government employee's life insurance policy to long-term care insurance.
United States · United States Congress · 17 September 1987
Expresses the sense of the Congress that: (1) the administration should oppose the implementation of the European Community directive which will limit U.S. access to such Community's agricultural markets; (2) if the European Community denies U.S. meat imports based on unsubstantiated standards or standards not applied to all Community members, the administration should adopt countermeasures; and (3) the administration should communicate to the Community that the United States views the directive as inconsistent with such Community's obligations under the General Agreement on Tariffs and Trade.
United States · United States Congress · 11 September 1987
Declares that the Senate: (1) congratulates the people and the loyal military of the Philippines for their success in ending the attempted overthrow of the Government; (2) renews its support for the efforts of President Corazon Aquino to pursue the development of democratic institutions; (3) supports military assistance to the Philippine Government to assist in defeating the Communist insurgency; (4) supports continued economic assistance to the Philippine Government; (5) calls attention to current U.S. law which requires suspension of U.S. military or other assistance if an elected head of the Philippine Government is deposed by military coup or decree; and (6) urges the Philippine Government to increase its efforts to address the problems of corruption within the Government.
United States · United States Congress · 7 August 1987
Veterans' Beneficiary Travel, Medical Quality Assurance, and Readjustment Counseling Improvements Act of 1987 - Title I: Beneficiary Travel - Amends Federal veterans' benefits provisions to authorize the Administrator of Veterans Affairs to pay a specified amount of travel expenses (for travel to and from a Veterans Administration (VA) facility) to the following veterans: (1) veterans receiving service-connected disability benefits; (2) veterans receiving veterans' pensions; (3) a veteran whose annual income is below a specified amount; (4) a veteran whose travel to a VA facility is incident to a scheduled compensation and pension examination; and (5) a veteran whose travel to a VA facility is required to be performed by a special mode of travel and such travel is previously authorized or is necessary due to a medical emergency. Authorizes the Administrator to deduct from the amount otherwise payable a specified sum for each trip to or from a VA facility, with a specified limit on the amount to be so deducted from the payments to veterans who are required to make six or more trips to such facilities during a one-month period. Requires the amounts deducted to be adjusted whenever the travel rates are adjusted by the Administrator. Directs the Administrator, prior to October 1 of the year involved, to make an allocation to each VA medical facility to enable the facility head to make payments for the travel expenses of veterans traveling to such facility. Outlines administrative provisions to be implemented whenever the head of such a facility demonstrates to the Chief Medical Director of the VA's Department of Medicine and Surgery that such facility was making travel expense payments at a level less than that authorized to be made at such facility. Allows funds given to a facility for such purpose but unexpended to be available for support of other authorized health care purposes. Directs the Administrator, in consultation with the Secretary of Transportation and appropriate representatives of veterans' service organizations, to facilitate the establishment of a program under which those organizations or individuals volunteering their services to the VA would take responsibility for the transportation, without reimbursement, to VA facilities of veterans who seek services or benefits from the VA. Directs the Administrator, no later than six months after the enactment of this Act, to report to the Senate and House Veterans' Affairs Committees on the implementation of the above provision. Title II: Medical Quality Assurance - Establishes in the Office of the Chief Medical Director an Office of the Medical Inspector General. Sets forth staffing requirements, including requiring not less than five assistant Medical Inspectors General. Requires the Medical Inspector General to: (1) monitor, review, and investigate any adverse incident experienced by a patient during the course of a patient's care at a VA facility; (2) conduct such reviews and investigations as considered necessary in relation to problems in the provision of health care to veterans, proposing to the Chief such corrective measures as are considered appropriate; and (3) have sole discretion in determining whether to investigate any incident involving patient care or the provision of health care to veterans. Directs the Medical Inspector General, no later than February 1 annually, to report to the Chief Medical Director and the Senate and House Veterans' Affairs Committees on the activities of the Office of the Medical Inspector General during the preceding fiscal year, outlining certain information to be included in each such report. Requires the Medical Inspector General to be a member of all policymaking bodies within the Department of Medicine and Surgery that are concerned with the quality of health care provided in VA facilities. Directs the Administrator to transfer to the Office of the Medical Inspector General such funds as are necessary to support five full-time medical doctors and five full-time support personnel in the Office of the Medical Inspector General. Requires one of the eight Assistant Chief Medical Directors currently established under Federal law to specialize in health care quality assurance and to be responsible to the Chief Medical Director for quality assurance within the VA. Directs the Chief to ensure that all personnel of the VA's Department of Medicine and Surgery: (1) are periodically given an explanation of their areas of responsibility in the area of quality assurance; and (2) are advised that any failure to comply with such responsibilities will result in appropriate disciplinary action. Establishes in the VA's Office of the Inspector General the position of Assistant Inspector General for Health Care Quality Assurance Review (the Assistant Inspector), who shall be a qualified doctor of medicine appointed by the Inspector General. Outlines staffing requirements for the Assistant Inspector. Directs the Assistant Inspector to: (1) monitor the establishment and implementation of the health care quality assurance and risk management programs of the Department of Medicine and Surgery (the Department); (2) monitor the activities of the Medical Inspector General of the Department; (3) recommend that the Medical Inspector General conduct such investigations as the Assistant Inspector considers appropriate; (4) coordinate his or her activities with that of the Medical Inspector General; (5) review any investigation conducted by the Medical Inspector General concerning adverse incidents in the provision of health care to veterans and make recommendations for any additional action as considered appropriate; (6) monitor and analyze all information within the Department relating to quality assurance and risk management in order to identify data which still needs to be collected, and monitor the Department's analysis in the trends of health care provision; (7) make recommendations to the the Inspector General for corrective action on health care matters; and (8) monitor the implementation of recommendations for corrective action made to the Administrator by the Inspector General on health care matters. Directs the Inspector General of the VA, no later than February 1 annually, to submit to the Administrator and the Senate and House Veterans' Affairs Committees a report containing a discussion of the activities undertaken by the Assistant Inspector during the preceding fiscal year in the areas of monitoring, review, investigations, and recommendations on the implementation of quality assurance and risk management in the area of veterans' health care. Title III: Readjustment Counseling - Postpones for one year the period for transition from the provision of veterans' readjustment counseling in facilities located primarily separate from VA health care facilities to the provision of such services primarily through VA facilities. Directs the Administrator, for administrative workload management purposes, to obtain from each veteran receiving readjustment counseling services such veteran's social security number.
United States · United States Congress · 7 August 1987
Farm Credit Act of 1987 - Title I: Farm Credit Revolving Fund; Franchise Taxes; Purchase of Stock - Amends the Farm Credit Act of 1971 to repeal provisions governing: (1) the central reserve maintained by the Farm Credit Administration (FCA) for the Farm Credit System (FCS); (2) mergers of similar FCS banks; (3) the authority of the Secretary to purchase obligations issued by the Farm Credit System Capital Corporation (Capital Corporation); (4) the initial capitalization of the Capital Corporation; (5) the tax status of obligations issued jointly by the Capital Corporation and FCS banks; and (6) certain limitations on sales by FCS institutions of tracts of real estate. Directs the FCA to purchase stock to: (1) prevent impairment of FCS institution stock; (2) restore any impairment to such stock; or (3) provide collateral for obligations issued by an FCS bank to finance its lending operations. Identifies the resulting resource as the Farm Credit Revolving Fund. Requires the FCA, beginning in 1993, to mandate the retirement of such stock when the need for Government-owned stock is reduced or nonexistent. Mandates the availability of revolving fund monies to purchase obligations of the Farm Credit Banks Insurance Corporation and to make loans to the Loan Restructuring Corporation. Directs the FCA to make payments to holders of certain FCS associations placed in liquidation to ensure that they receive par value for the stock. Empowers the FCA, through the FCA Board, to make and issue non interest-bearing notes to the Secretary of the Treasury (Secretary) to obtain funds for the revolving fund as necessary to permit the FCA to carry out required stock purchases, as well as loan and payment obligations. Requires the Secretary to purchase these notes, up to a maximum total of $6,000,000,000. Prohibits the issue of obligations to obtain funds to purchase stock of FCS institutions after 1992. Imposes a franchise tax, earmarked for the revolving fund, on each FCS bank and production credit association. Forgives such tax to the extent it would result in an impairment of the institution's stock. Imposes an additional franchise tax, effective in 1993, on FCS banks or associations in which the FCA holds stock. Reduces this tax to the extent of any amount the institution either paid to the United States for the retirement of any of its FCA-held stock or contributed to another FCS bank or association to permit it to retire FCA-held stock. Directs the FCA, after notice and an opportunity for a hearing, to suspend the charter of any institution that fails to comply with franchise tax obligations. Permits the issuance of nonvoting Federal land bank stock to the FCA for this Act's purposes. Prohibits: (1) the payment of dividends on such FCA-held stock; and (2) patronage refunds in a year during which the FCA holds stock in the land bank. Applies corresponding prohibitions to Federal land bank associations. Fixes minimum funding requirements for reserves maintained by Federal land banks and Federal land bank associations. Establishes obligation contribution percentages with respect to these reserves. Grants to the FCA the first lien on stock and participation certificates it holds in Federal land banks and land bank associations. Permits the issuance of nonvoting Federal intermediate credit bank stock to the FCA for this Act's purposes. Prohibits: (1) the payment of dividends, unless authorized by the FCA Board, in any year when the FCA holds stock in the bank; and (2) the retirement of stock or of participation certificates if the FCA holds stock in the bank. Establishes a framework and procedures to govern: (1) the annual application of the net earnings of an intermediate credit bank in which the FCA holds stock; and (2) the absorption of its net losses. Includes provisions for the establishment of a reserve account. Exempts allocations to such an account from Federal income taxes. Prohibits a Federal intermediate credit bank from paying patronage refunds in a year when the FCA holds stock in the bank. Grants priority to FCA-owner stock (after liabilities are paid) for purposes of distribution of assets on liquidation. Permits the issuance to the FCA of nonvoting stock of a production credit association (PCA) for this Act's purposes. Prohibits: (1) the payment of dividends (other than preferred stock) in any year when the FCA holds stock in the PCA; and (2) patronage refunds in a year during which the FCA holds stock in the PCA. Grants to the FCA the first lien on stock and participation certificates it holds in a PCA. Grants a limited tax exemption to PCAs and their property, funds, and income. Permits the issuance to the FCA of nonvoting stock of banks for cooperatives for this Act's purposes. Grants to the FCA first lien on stock it holds in the bank. Establishes a framework and procedures to govern the annual application of the net earnings of a bank for cooperatives in which the FCA holds stock. Includes provision for the creation of a surplus account. Grants a limited tax exemption to banks for cooperatives, their property, funds, and income Empowers the FCA expressly to invest in the stock of FCS banks and associations out of the pertinent revolving fund and to require the stocks' retirement. Title II: Loan Restructuring - Amends the Farm Credit Act of 1971 to repeal the December 31, 1987, sunset review of the Farm Credit System Capital Corporation. Changes the name of the Capital Corporation to the Loan Restructuring Corporation (LRC). Requires the FCA board to revoke the charter of the LRC on December 31, 1990, unless it unanimously adopts a one-year extension. Directs the LRC to: (1) hold, restructure, collect, sell, and otherwise administer nonperforming assets participated in or acquired from other FCS institutions; and (2) provide technical assistance to FCS institutions in connection with borrower loan restructing activities. Provides for an LRC Board of Directors. Transfers generally the corporate powers of the Capital Corporation to the LRC. Adds the power to: (1) carry out a loan restructuring program; and (2) grant forbearance on, restructure, or liquidate any loan participated in or acquired from an FCS institution. Repeals a number of powers relating to the issuance and sale of obligations, the administration of financial assistance, the purchase of nonaccrual loans and assets, and the purchase of certain assets from associations undergoing liquidation. Rescinds any required Capital Corporation purchase or assessment taken between July 31, 1986, and the date of this Act's enactment. Orders a refund of such funds, as well as contributions under loss-sharing agreements, to contributor institutions. Requires the LRC and each farm credit district to have in place within 60 days of this Act's enactment a policy that includes: (1) a case-by-case review of nonaccrual loans to determine whether they should be considered for forbearance, restructuring, or liquidation; and (2) a case-by-case review of all high-risk loans to determine appropriate measures to prevent them from becoming nonaccrual loans. Describes required policy contents, including mandatory provisions indicating that forbearance will be granted to the maximum extent possible to avoid losses to the institution, and that restructuring will be effected in ways that would enable borrower repayments without impairing the borrower's standard of living if specified conditions are met. Requires each farm credit district board to establish a Special Credit Team to help the district's banks and associations in dealing with nonaccrual and high-risk loans. Mandates that each district plan establish an appeals procedure with respect to loans determined to be ineligible for restructuring. Describes criteria to be met by the appeal process. Prohibits an FCS institution from requiring a borrower to provide additional collateral or from foreclosing certain loans as a result of the borrower's failure to do so. Permits a borrower, upon application, to retain possession and occupancy of qualified homestead property for between three and five years, in certain cases of foreclosure, bankruptcy, or involuntary liquidation. Describes the eligibility requirements to be met by affected borrowers. Grants to the borrower the right of first refusal with respect to the homestead property at the end of the prescribed occupancy period. Makes homestead provisions inapplicable in cases when appraisal indicates that the value of the acquired real estate prior to the separation of the homestead would exceed the sum of the values of each component property. Prohibits an FCS institution from: (1) selling any agricultural land acquired as a result of loan foreclosure, bankruptcy, or voluntary loan liquidation if the sale would have a substantial adverse effect on the agricultural land values in the area where the real estate in question is located; or (2) combining for sale or lease acquired real estate tracts when the size of the resulting tract substantially exceeds that of an average farming or ranching operation in the area where the tracts are located. Requires FCS institutions to subdivide tracts that are larger than the average family farming or ranching operation before offering them for sale or lease. Mandates that: (1) offers to sell or lease property acquired by an FCS institution (other than offers to another FCS institution) be public offers; and (2) the sale or lease of such property be based on competitive bidding. Directs the FCA to issue regulations to govern such bidding, including provisions to ensure: (1) actual notice to the previous owner of the availability of the property; and (2) sale or lease to the highest bidder, subject to the previous owner's right of first refusal. Sets forth similar but distinct provisions to govern leases of property for terms of between five and ten years to family farmers or ranchers. Requires that each of these leases contain an option to buy the property when the lease term expires. Requires persons (beginning in 1990) who enter into installment sales agreements or similar financing arrangements, to purchase FCS acquired property to buy stock or participation certificates in the pertinent institution. Requires each FCS institution holding acquired property on the date of this Act's enactment to sell or lease the property within four years. Applies the same four-year requirement to subsequently acquired property, with the reference date being that on which the institution acquires the property. Transfers the functions and role of the Federal Farm Credit Capital Corporation to the Loan Restructuring Corporation. Lists documents and information that FCS institutions must provide to borrowers, including interest rate data and corporate materials. States that any person who suffers legal wrong or who is aggrieved or adversely affected by the violation in question has the right to sue: (1) an FCS institution for violations of duty, standard, or limitation or of corollary FCA orders; or (2) the FCA for failure to perform duties. Grants jurisdiction in such cases to Federal district courts, without regard to the amount in controversy. Title III: Insurance of Obligations of Farm Credit Banks; Liability of Banks on Obligations - Amends the Farm Credit Act of 1971 to create a Farm Credit Banks Insurance Corporation, under the direction of the FCA Board, having as its duty to insure the notes, bonds, and similar obligations of eligible FCS banks. Enumerates corporate powers. Requires each FCS bank to apply for insurance within 90 days of this Act's enactment. Describes required contents for such applications. Directs the Corporation to reject the application of any bank having unsafe financial policies or management. Prescribes: (1) the extent of insurance to be provided; (2) the assessment of premiums to be paid (not to exceed two-tenths of one percent of the proceeds of the obligation); (3) the establishment of a reserve; (4) procedures for terminating insurance; and (5) actions to be taken against banks that violate duties or engage in unsafe or unsound practices. Mandates that, beginning in 1993, any minimum capital adequacy requirement in connection with the aggregate obligations of a bank or banks be established at a level to reduce, to the extent practicable, the risk of loss to the Corporation. Prohibits a bank from participating in a joint issuance of obligations due and payable after 1992 unless it is insured by the Corporation. Sets forth the order of liability of affected banks with respect to certain consolidated or system-wide obligations issued between January 1, 1988, and December 31, 1992. Title IV: Real Estate Lending; Interest Rates - Amends the Farm Credit Act of 1971 to prohibit Federal land banks from making agricultural real estate mortgage loans to persons who are not bona fide farmers or ranchers, an defined by this Act. Requires each Federal land bank to make available to eligible borrowers long-term real estate mortgage loans having terms of at least 15 years at a fixed interest rate. Caps the permissible interest rate on such loans at two percent above the average interest rate on the bank's obligations of comparable maturities during the preceding 12 months. Provides for differential interest rate programs for loans of Federal land bank association members. Caps the permissible interest rate on all the agricultural loans of a bank at two percent above the average interest rate on obligations issued by the bank during the preceding 12 months. Permits the FCA to authorize a higher interest rate under certain circumstances. Restricts loans to no more than 75 percent of the appraised value to the real estate security (the current general restrictions is 85 percent). Permits an 85 percent limitation in case of young or beginning farmers or ranchers. Sets standards for determining appraised value. Directs each Federal land bank to: (1) require borrower financial statements at least triennially; (2) establish a future payment plan into which participating borrowers could pay amounts to be offset against indebtedness. Caps the permissible interest rate on short- and intermediate-term loans of production credit associations at two percent above their discount rate. Allows a differential interest rate program for member loans only upon stockholder approval. Requires FCA approval for certain loans. Title V: Service Organizations - Amends the Farm Credit Act of 1971 to direct the FCA to revoke the charter issued to the Farm Credit Corporation of America as of FY 1990, unless a majority of the members of the boards of directors of each Federal land bank association, production credit association, farm credit district, and the Central Bank for Cooperatives votes to permit its continuation. Bars from the charter of the Federal Farm Credit Banks Funding Corporation (Funding Corporation) provisions that would permit the Funding Corporation to set policy or otherwise assume responsibilities of other FCS institutions with regard to member-borrower services. Directs the FCA, within 30 days of this Act's enactment, to amend the charter of the Funding Corporation to provide for a board of directors. Requires the Funding Corporation to report annually to each FCS bank and association and to specified congressional committees detailing its bond placements, budget, costs, and expenses. Prohibits the FCA from issuing a charter to any new service corporation unless specifically authorized by an Act of Congress. Title VI: Mergers - Amends the Farm Credit Act of 1971 with respect to mergers of various FCS institutions. Provides for a mandatory 60-day cooling off period before a voluntary merger of FCS associations becomes effective. Requires association seeking voluntary merger: (1) to notify stockholders of the meeting date before any meeting at which they will vote on the merger; and (2) to provide a statement of the advantages and disadvantages associated with the merger. Conditions mergers of similar FCS banks on the unanimous approval of the FCA Board. Shifts from the FCA to the FCA Board the responsibility for assuring nondiscriminatory treatment of associations that disapprove mergers. Directs the FCA to issue regulations to provide for and govern reconsideration by stockholders of voluntary mergers of associations between January 1, 1986, and the date of this Act's enactment. Title VII: Boards of Directors - Amends the Farm Credit Act of 1971 to revise membership provisions with respect to the boards of directors of Federal land bank associations, production credit associations, the Central Bank for Cooperatives, and farm credit districts. Permits outside directors for the first two entities and requires them for the latter two. Establishes procedures by which FCS bank stockholders may establish or abolish a separate board of directors. Sets forth membership requirements applicable to such a board. Title VIII: Amendments to Title V of the Farm Credit Act of 1971; Miscellaneous - Amends the Farm Credit Act of 1971 to limit the annual compensation of a farm credit district director to $15,000. Revises membership provisions applicable to the FCA Board, as well as provisions relating to its internal operation and to the responsibilities of the Chairman. Subjects certain of the Chairman's personnel appointments and the Chairman's establishment of advisory committees to Board approval. Grants to the Board additional powers with regard to bank mergers and the salary scale or rate of compensation of certain FCS institution employees. Empowers the FCA to appoint a farm credit appraiser for each farm credit district. Shifts: (1) from the Chairman of the FCA board to the Board itself various determinations affecting examinations of FCS institutions; and (2) from the FCA to the FCA Board certain decision and appointments in connection with receiverships or conservatorships of FCS institutions. Prohibits any farm credit district board, bank board, or bank officer or employee from removing any director or officer of any production credit association or Federal land bank association. Sets forth provisions with respect to FCA examinations of Federal land bank associations, requiring them at least once every five years. Prohibits FCS institutions from contracting for an independent audit of FCS institutions or certain other financial institutions unless the agreement covers no more than two years and is entered into under competitive bidding procedures. Directs each Federal land bank financing all or part of the stock of a Federal land bank association to charge a loan origination fee, to a maximum of two percent of the loan amount, in connection with loans made by a bank to a borrower. Prohibits the financing of such a fee. Prohibits the requirement of Federal land bank association stock prior to full payment of the loan. Excepts loans in default from this prohibition. Requires that Federal land bank or production credit association loan applications clearly state specified information concerning the amount of stock required to be purchased and its retirement. Title IX: Farmers Home Administration Loan Restructuring - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to: (1) implement within 60 days of this Act's enactment a policy under which all nonaccrual farm ownership and operating loans held by the Farmers Home Administration (FmHA) and loans made by a Federal or State chartered bank, savings and loan association, or other legally organized lending agency that have been guaranteed by the Secretary are to be reviewed on a case-by-case basis to determine whether they should be considered for forbearance, restructuring, or liquidation; and (2) provide for a case-by-case review of all high-risk loans held by the FmHA to determine appropriate measures to prevent such loans from becoming nonaccrual loans. Authorizes the Secretary to pursue to final connection all loan-related claims against third parties assigned to the Secretary. Directs the Secretary to: (1) grant forbearance on nonaccrual and high-risk loans to the maximum extent possible to avoid FmHA losses; and (2) to restructure loans in ways that would enable borrower repayments without impairing the borrower's standard of living if specified conditions are met. Requires that the Secretary establish an appeals procedure with respect to loans determined to be ineligible for restructuring. Describes criteria to be met by the appeal process. Prohibits the Secretary from requiring any borrower to provide additional collateral or from foreclosing certain loans as a result of the borrower's failure to do so. Permits a borrower, upon application, to retain possession and occupancy of qualified homestead property for between three and five years in certain cases of foreclosure, bankruptcy, or involuntary liquidation. Describes the eligibility requirements to be met by affected borrowers. Grants to the borrower the right of first refusal with respect to the homestead property at the end of the prescribed occupancy period. Directs the Secretary to permit a borrower to redeem real property acquired through legal process during the year following the date of judgment or the period prescribed under State law, whichever is longer. Applies State law to the redemption process. Fixes priorities as to borrower preference for redemption purchases. Revises farmland disposition provisions to give previous owners or operators the right of first refusal with respect to a lease of a property and preference with respect to the awarding to management contracts governing the property. Authorizes the Secretary to sign a contract to lease land to its owner before the Secretary actually acquires the property. Requires that previous owners be given written notice of the potential sale or lease of property. Applies appeals procedures to denials of applications or disputes with respect to leases or purchase agreements. Directs the Secretary to release from the sale of any loan-securing property an amount sufficient both to assure the borrower's family a reasonable standard of living and to pay all necessary farm operating expenses. Title X: State Mediation Program - Establishes guidelines for State farm loan mediation programs. Enumerates criteria to be met by a State in order to qualify for the matching grant program instituted in this title. Lists the requirements to be met by the farm loan mediation program of a State, including provisions with respect to mediator training and duties and applications for mediation. Creates a program of matching grants to the States under which the Secretary must provide financial assistance to a qualifying State for the operation and administration of its farm loan mediation program. Limits the amount of such a grant to: (1) no more than 50 percent of the costs of the operation and administration of the State's program; and (2) $1,000,000 per year per State. Directs the Secretary to prescribe rules requiring each guarantee or insurance program under the Secretary's jurisdiction to: (1) cooperate in good faith with requests for information or for analysis; and (2) present and explore debt restructuring proposals advanced during the course of any farm loan mediation program. Mandates corresponding rulemaking by the FCA with respect to FCS institutions. Authorizes FY 1988 through 1991 appropriations.
United States · United States Congress · 7 August 1987
Retirement and Survivor Annuities for Bankruptcy Judges and Magistrates Act of 1987 - Establishes a new retirement system for bankruptcy judges and magistrates with 14 or more years of service, or at least eight years of service, upon attaining age 65. Entitles a bankruptcy judge or magistrate who has served at least five years to disability retirement. Provides for cost-of-living adjustments in such retirement system. Requires each bankruptcy judge or magistrate who elects an annuity under this Act to notify the Director of the Administrative Office of the United States Courts. Declares that such judge or magistrate shall not be entitled to an annuity under the civil service system. Declares this Act applicable to service on or after October 1, 1979. Establishes transition provisions for incumbent judges and magistrates. Provides survivors' annuities for bankruptcy judges, magistrates, and incumbents. Authorizes the recall of retired bankruptcy judges and magistrates into service.
United States · United States Congress · 6 August 1987
Honors the late Portuguese diplomat, Dr. Aristides de Sousa Mendes do Amaral e Abranches, for his extraordinary acts of mercy and justice during World War II.
United States · United States Congress · 31 July 1987
Extends for one month, from September 15 to October 15, 1987, the authority of a bankruptcy trustee to pay benefits to retired former employees under a plan, fund, or program maintained or established by the debtor (through the purchase of insurance or otherwise) for the purpose of providing medical, surgical, or hospital care benefits, or benefits in the event of sickness, accident, disability, or death.
United States · United States Congress · 24 July 1987
Amends title XVIII (Medicare) of the Social Security Act to consider the aggregate number of resident workers who commute from the county in which a hospital is located to contiguous metropolitan statistical areas, rather than only considering the number of workers commuting to a single metropolitan area, for the purpose of determining whether such hospital should be paid at urban rather than rural rates.
United States · United States Congress · 22 July 1987
Amends the Internal Revenue Code to extend through 1992 the period during which qualified mortgage bonds and mortgage credit certificates may be issued. (Under current law, authority for these programs is due to expire as of 1989.)
United States · United States Congress · 21 July 1987
Methanol and Alternative Fuels Promotion Act of 1987 - Amends the Motor Vehicle Information and Cost Savings Act to authorize the Secretary of Transportation to revise the dual fuel passenger automobile driving range for automobiles operating on certain ethanol or methanol mixtures. Provides that for any ten consecutive model years between 1993 and 2005, a dual fuel passenger automobile manufacturer shall receive an average fuel economy increase according to specified guidelines. Declares that if a manufacturer makes methanol- or ethanol-powered or dual fuel passenger automobiles, the fuel economy of an automobile shall be based on the fuel content of the methanol or ethanol mixture used to operate it. Directs the Secretary to report annually to the Congress regarding ethanol and methanol promotion. Amends the Internal Revenue Code to declare that the determination of tax to be imposed regarding methanol-, ethanol-, or natural gas-powered or dual fuel passenger automobiles shall be based on the fuel economy rating established under the Motor Vehicle Information and Cost Savings Act.
United States · United States Congress · 21 July 1987
Federal Insecticide, Fungicide, and Rodenticide Act Reform of 1987 - Title I: Definitions - Amends the Federal Insecticide, Fungicide, and Rodenticide Act to define specified terms for purposes of such Act. Title II: Registration of Pesticides - Authorizes the use of an arbitration procedure to determine compensation for the use of another registrant's health and safety data for expired-patent pesticides. Permits two or more pesticide registrants to jointly develop additional supporting data. Prohibits conditional registrations of additional uses unless in the public interest. Sets forth procedures for conducting interim administrative reviews of whether a registered pesticide or pesticide category poses unreasonable adverse environmental effects. Provides for public access to health and safety data submitted to support a registration application for a pesticide containing a new active ingredient, or to authorize the food use of a pesticide active ingredient. Provides criminal penalties for wrongful disclosure. Requires a person seeking such information to affirm that he or she is not working for a pesticide business. Requires the Environmental Protection Agency (EPA) to establish an inert ingredient priority list. Requires EPA to establish and enforce efficiency standards for antimicrobial control agents (including disinfectants), including standards for hospital and health facility use. Requires EPA to develop methods for testing the neurotoxicological and behavioral effects of pesticides. Title III: Reregistration of Registered Pesticides - Requires the reregistration of active ingredient pesticides with outstanding data requirements registered before November 1, 1984. Provides for a phased-in nine year reregistration period. Provides for annual registration fees based on active ingredients over a five-year period. Establishes a registration fund in the Treasury. Title IV: Certified Applicators - Makes it a violation for any person to use any pesticide as a commercial applicator unless such person is a certified commercial applicator or a registered commercial applicator under the direct supervision of a certified commercial applicator. Provides for the development of training materials and procedures, including standards for trainers and training programs. Provides for separate standards for commercial and private applicators. Requires refresher training. Title V: Administrative Review - Requires a request for a cancellation hearing to identify the disputed findings and to include a statement of reasons which support such request. Revises pesticide label change procedures, including prohibiting a label change that would be equivalent to a cancellation of use or make the product unmarketable. Revises administrative review provisions. Requires EPA to cancel or suspend a registration based on false or invalid data. Requires producers and other parties to notify EPA and the State regarding stored, cancelled, or suspended pesticides. Title VI: Reregistration of Establishments - Requires pesticide producers to have available for the public pesticide active ingredient fact sheets. Requires annual reports to EPA. Title VII: Books and Records - Sets forth recordkeeping provisions, including requirements regarding commercial applicators and pesticide dealers. Title VIII: Inspection of Establishments - Authorizes duly designated Federal and State officials or employees to inspect pesticide facilities. Title IX: Protection of Trade Secrets and Other Information - Authorizes EPA to disclose to a State data acquired under this Act if the State provides the data submitter with at least the same protection as provided for by this Act. Requires such disclosure if the State also permits a compensation action for wrongful disclosure. Title X: Standards Applicable to Pesticide Applicators - Repeals specified private applicator recordkeeping requirements. Title XI: Unlawful Acts - Revises specified provisions regarding unlawful activities under such Act. Title XII: Penalties - Increases specified civil and criminal penalties under such Act. Grants to the EPA witness and document subpoena authority. Title XIII: Indemnity - Requires EPA, before making any indemnification payment, to: (1) report to the appropriate congressional committees; and (2) have a prior specific line item fund appropriation. Title XIV: Administrative Procedure - Permits a private right of action for judicial review of an EPA regulation. Title XV: Imports and Exports - Prohibits the export of restricted use or unregistered pesticides without prior notification to the importer and to an appropriate regulatory official of such country. Requires EPA to: (1) notify foreign governments and appropriate international agencies of pesticide regulatory activities; (2) participate in international pesticide research and regulatory programs; (3) provide foreign governments with technical assistance in developing pesticide regulatory programs; and (4) survey countries that import U.S. pesticides or export agricultural products to the United States to ascertain existing pesticide regulations and control food residues. Title XVI: Disposal and Transportation - Requires EPA to develop: (1) design regulations for pesticide containers that will promote the safe storage and disposal of such pesticides; and (2) regulations for pesticide container residue removal. Requires an EPA pesticide container study and report to the Congress. Title XVII: Delegation and Cooperation - States that EPA actions under such Act shall not preempt certain Department of Labor enforcement activities under the Occupational Safety and Health Act of 1970. Title XVIII: State Cooperation, Aid, and Training - Authorizes EPA to enter into cooperative agreements with States and Indian tribes for: (1) pesticide enforcement activities, including personnel training; (2) applicator training; and (3) pesticide certification and licensing programs. Authorizes appropriations. Title XIX: Authority of States - Prohibits States, for a five-year period, from prohibiting the sale or use of specified household antimicrobial pesticides with pending State registrations until a final application determination has been made. Requires EPA to establish criteria for disapproving special local needs registrations that take into account geographic use patterns. Title XX: Authority of Administrator - Repeals specified congressional review provisions of such Act. Makes authority for the scientific advisory panel permanent and increases its membership. Requires EPA to: (1) promulgate regulations regarding the health, safety, and training of employees who mix, load, or apply pesticides and agricultural workers in pesticide-treated areas; and (2) report to the Congress. Title XXI: State Primary Enforcement Responsibility - Provides for the expiration of State primary pesticide enforcement responsibility as of September 1, 1990, unless EPA determines that a State has the authority to impose civil and criminal penalties at least equal to those under such Act. Title XXII: Failure by the State to Assure Enforcement of State Pesticide Use Regulations - Authorizes EPA action under specified conditions if a State fails to enforce its pesticide use regulations. Title XXIII: Authorization for Appropriations - Authorizes FY 1988 through 1992 appropriations. Title XXIV: Other Provisions - Directs the Secretary of Agriculture, in providing regional research grants, to provide support for the interregional project number 4 program (IR4 program). Extends patents for certain pesticide, chemical, and plant products that undergo regulatory review prior to commercial marketing. Provides that during the last two years of a registered pesticide's patent it shall not be an act of patent infringement to make, use, or sell such pesticide solely for testing reasonably related to the development or submission of certain required data. Amends the Federal Food, Drug, and Cosmetic Act to require that when a pesticide registration is withdrawn, cancelled, or suspended because of human dietary risk, EPA shall withdraw tolerances for residues of the pesticide, or any tolerance exemption. Title XXV: Clarifying and Technical Amendments - Sets forth technical amendments. Title XXVI: Effective Date - Makes the provisions of this Act, unless otherwise provided for, effective 60 days after enactment.
United States · United States Congress · 21 July 1987
Authorizes and requests the President to present a gold medal to Lawrence Eugene Doby and posthumously to Jack Roosevelt Robinson in recognition of their achievements in baseball and their contributions to the advancement of civil rights. Authorizes appropriations. Authorizes the Secretary to cause bronze duplicates of the gold medals to be coined and sold at a price sufficient to cover the cost of such duplicates and gold medals.
United States · United States Congress · 21 July 1987
Amends the Internal Revenue Code to permit a partnership, S corporation, or personal service corporation, unless it is part of a tiered structure, to elect to have a taxable year other than the required one, but generally only if the deferral period of the taxable year elected is three months or less. (Current law requires partnerships, S corporations, and personal service corporations, in most cases, to conform their taxable years to the calendar years used by their owners.) Subjects the principals of a partnership or S corporation electing to change taxable years to additional estimated tax requirements to offset any tax deferral resulting from such election. Imposes deduction limitations on a personal service corporation that changes taxable years. Provides that an election with respect to taxable year shall be made by the partnership, S corporation, or personal service corporation and shall be binding on all partners and shareholders. Sets forth the formula for determining the additional tax requirement when a taxpayer: (1) is a partner or shareholder in at least one such entity during any applicable election years of the entity that end within the taxpayer's taxable year; and (2) has an aggregate deferred tax exceeding $200 with respect to the entity. Describes payment procedures. Requires the inclusion of specified information on returns filed by partnerships and S corporations that elect to use a non-required taxable year. Limits the tax deduction permitted to a personal service corporation for amounts paid or incurred with respect to employee-owners when such a corporation: (1) elects to have a taxable year other than the required one; and (2) fails to meet certain minimum distribution requirements regarding non-dividend amounts paid to owners.
United States · United States Congress · 21 July 1987
Recognizes the efforts of the United States Soccer Federation to bring the World Cup to the United States in 1994. Authorizes the President to designate the Secretary of Commerce as the official U.S. representative in any discussions with the Federation Internationale de Football Association.
United States · United States Congress · 15 July 1987
Amends the Tariff Schedules of the United States to extend, through December 31, 1990, the suspension of duty on (6R, 7R)-7-(R)-2-Amino-2-phenylacetamido -3-methyl-8-oxo-5-thia-1-azabicyclo (4.2.0) oct-2-ene-2-carboxylic acid disolvate.
United States · United States Congress · 15 July 1987
Amends the Tariff Schedules of the United States to suspend, through December 31, 1990, the duty on (6R, 7R)-7-amino-3-chloro-8-oxa-5-thia-1- azabicyclo (4.2.0) oct-2-ene-2-carboxylic acid, (4-nitrophenyl) methyl ester.
United States · United States Congress · 15 July 1987
Designates the week beginning November 15, 1987, as African American Education Week. Authorizes and requests the President to issue a proclamation calling upon: (1) the Department of Education and State and local governments to support activities observing such week; (2) schools and communities with African Americans to demonstrate their commitment to the education of African Americans; and (3) community organizations to intensify their support of academic excellence by African Americans.
United States · United States Congress · 14 July 1987
Amends the Internal Revenue Code to provide that the prohibition against indirect income tax deductions through pass-through entities shall not apply to any regulated investment company whose shares are: (1) continuously offered pursuant to a public offering; (2) regularly traded on an established securities market; or (3) held by or for at least 500 persons at all times during the taxable year.
United States · United States Congress · 10 July 1987
Agricultural Producer and Farm Credit System Borrower Act of 1987 - Title I: Farm Credit System Liability and Insurance - Amends the Farm Credit Act of 1971 to provide that after December 31, 1992: (1) each Farm Credit System (FCS) institution shall be individually liable for its notes and other obligations; and (2) FCS institutions will no longer be jointly and severally liable. Establishes a Farm Credit System Insurance Corporation (Corporation) which shall insure the full payment of FCS institution interest and principal. States that the Farm Credit Reserve Fund Board (established by this Act) shall act as the Corporation's board of directors until its termination, upon which the Farm Credit Administration Board shall assume such duties. Sets forth Corporation powers. Prohibits an FCS institution from joining with other institutions in issuing consolidated obligations payable after December 31, 1992, unless it is insured by the Corporation. Funds the Corporation through institution insurance premiums and stock sales. Directs the Corporation to set uniform premium levels. Authorizes the Corporation, pursuant to enumerated conditions, to terminate an institution's insured status for uncorrected status or operations violations. Directs the Corporation to maintain a general reserve, and after the Reserve Board's termination, permits it to supplement such reserve through the issuance of federally-guaranteed bonds and other obligations. Caps such obligations at $1,000,000,000. Stipulates that such supplemental reserves may only be used for insurance purposes. Requires institutions to maintain adequate capital. Directs the Farm Credit Administration (FCA) to periodically consult with the Corporation regarding capitalization levels. Provides that the Corporation shall serve as a receiver for an insured institution in receivership. Sets forth related provisions. Sets forth Corporation fund provisions, including investment provisions. Authorizes the Corporation to make loans to, or purchase the assets of, an institution if the Board determines such action is necessary to reopen a closed institution or prevent the failure of an operating institution. Title II: Financial Assistance-Subtitle A: Farm Credit Reserve Fund and Financial Assistance - Amends the Farm Credit Act of 1971 to establish a Farm Credit Reserve Fund Board to temporarily administer Federal assistance to FCS institutions and oversee the loan restructuring process. Grants emergency powers through 1989 to the Board to permit it to manage financially-troubled institutions. Requires an annual report to the Congress. Establishes a Farm Credit Reserve Fund which shall be available to the Board to carry out its operations. Funds such Fund through: (1) guaranteed debt obligations; (2) assessments; (3) Capital Corporation asset transfers; (4) revolving fund transfers; (5) Farmers Home Administration (FmHA) land assets transfers; and (6) appropriated funds. (Provides initial funding through institution assessments.) Requires: (1) each FCS district to establish a special credit unit to review and make final disposition of all nonaccrual and high risk loans held by institutions within its district; and (2) each unit to develop a loan disposition plan which emphasizes the importance of keeping farmers on their land through deferrals and restructuring. Subtitle B: Termination of Capital Corporation and Reserve Fund - Directs FCA to terminate the Farm Credit System Capital Corporation: (1) 90 days after enactment of this Act; or (2) earlier, upon the recommendation of the Board of Directors of such Corporation. States that the Farm Credit Reserve Fund Board shall succeed to the Capital Corporation's rights, assets, and obligations. Title III: Stock Protection and Capitalization - Amends the Farm Credit Act of 1971 to require that through December 31, 1992, retired institution stock shall be redeemed at par value in interest-bearing notes, unless the borrower requests a cash payment. Provides for post-1992 payment only in cash. Requires institutions to adopt a capitalization plan that meets FCA minimum requirements and is based on generally accepted accounting principles. Title IV: Structural Changes in the Farm Credit System - Subtitle A: Mergers of Farm Credit System Institutions - Amends the Farm Credit Act of 1971 to make FCS structural changes regarding: (1) the merger of banks within a district; (2) the merger of like banks in different districts; (3) transfers by production credit associations to banks; (4) transfers by Federal land banks to Federal land bank associations; (5) the merger of associations into banks; (6) the merger of like and unlike associations; (7) institutional termination and dissolution; (8) the merger of service organizations; (9) prior approval of information disclosure and issuance of charters; and (10) the taxation (or exemption) of merged banks and associations. Requires the establishment of a FCS-wide finance committee. Subtitle B: General Provisions - Authorizes a Federal land bank association or production credit association to have on its board of directors a person who is not otherwise connected with FCS institutions. Authorizes such associations to borrow and lend money without the supervision or assistance of a Federal land bank. Authorizes an FCS institution to operate outside its normal service territory. Subtitle C: Effective Date - Makes this title effective 30 days after enactment of this Act. Title V: Agricultural Mortgage Secondary Market - Amends the Farm Credit Act of 1971 to establish a federally-chartered Federal Agricultural Mortgage Corporation to: (1) develop uniform underwriting, security appraisal, and repayment standards for qualified loans; (2) determine the eligibility of agricultural mortgage marketing facilities for credit enhancement of specific mortgage pools; and (3) provide credit enhancement for the repayment of qualified loan pool principal and interest. Sets forth provisions regarding: (1) the temporary and permanent boards of directors; (2) powers and duties; (3) capitalization through stock issuances; (4) agricultural mortgage marketing facilities' certification; (5) credit enhancement of qualified loans and the establishment of uniform underwriting, security appraisal, and repayment standards. Authorizes the Mortgage Corporation to charge fees to cover operating and credit enhancement expenses. Title VI: Export Financing and OFI Authorities - Amends the Farm Credit Act of 1971 to make permanent: (1) Federal intermediate credit banks' lending authority; and (2) cooperative banks' authority to finance certain import and export transactions. Authorizes Federal land banks to make loans and provide related financial assistance to other financing institutions. Title VII: Disposition of Acquired Property - Amends the Farm Credit Act of 1971 to express the sense of the Congress that FCS institutions: (1) should sell foreclosure-acquired property unless such sale would have a detrimental effect on farm land value; and (2) should try to make such sales to local people.
United States · United States Congress · 10 July 1987
Expresses the sense of the Senate that: (1) the President should continue to make clear the support of the United States for the Haitian people's efforts to establish a democracy; (2) Haiti's National Council of Government should respect and abide by decisions made by the Provisional Election Council in conducting elections called for under the new Haitian constitution; (3) the Haitian armed forces should respect human rights and exercise restraint in carrying out their duties; and (4) all Haitians need to work to avoid further violence and allow the democratic transition to proceed in a peaceful atmosphere.
United States · United States Congress · 8 July 1987
Declares that the Congress encourages all Americans to read the Constitution within one year of its 200th anniversary and strongly encourages Members of Congress, Federal judges, and officials of the executive branch to set the example in studying this cornerstone of democratic government.
United States · United States Congress · 26 June 1987
Medicare Rural Hospital Payment Equity Act of 1987 - Amends title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services and the Prospective Payment Assessment Commission to recommend a methodology to the Congress by April 1, 1988, that provides for a graduated reduction of the differences in the prospective payment rates applicable to urban and rural hospitals during the 36-month period beginning October 1, 1988, and the complete elimination of such differences on or after October 1, 1990. Requires the Secretary to promulgate final regulations by August 30, 1988, to implement such recommendations. Provides that payment rates shall be determined in accordance with such regulations unless the Congress enacts legislation before October 1, 1988, with respect to such rates. Directs the Secretary and the Commission to each report to the Congress by April 1, 1989, on the manner in which urban and rural hospital payment rates should be adjusted to reflect legitimate differences in the operating costs of inpatient hospital services for urban and rural hospitals. Requires the Secretary to promulgate final regulations by August 30, 1990, to implement such adjustments. Provides that such adjustments shall be made in accordance with the Secretary's regulations unless the Congress enacts legislation before October 1, 1990, with respect to such adjustments. Provides for a greater increase in FY 1988 payments for inpatient hospital services furnished in rural areas than for those furnished in urban areas. Directs the Congressional Budget Office to study and report to the Congress within 180 days of this Act's enactment regarding the feasibility and effect of making certain changes in the method of calculating the amounts to be paid to hospitals to cover their wage-related costs. Requires the Secretary to conduct a survey at least once every 36 months of hospital wage-related costs for use in updating the wage index used in reimbursing hospitals for such costs. Permits sole community hospitals to choose one of two payment formulas which differ in that one considers hospital costs on a national basis while the other is more hospital-specific. Makes it clear that the payment adjustment for sole community hospitals experiencing a decline in patient volume of more than five percent over the preceding cost reporting period due to circumstances beyond their control shall be inapplicable to actions taken by a hospital to reduce capacity or case load. Directs the Secretary to: (1) issue instructions before October 1, 1987, clarifying the criteria used in granting such adjustment and simplifying the process of applying for such adjustment; and (2) report to the Congress by October 1, 1987, on the feasibility and appropriateness of making sole community hospital payment adjustments on the basis of the average increase in costs incurred by similar hospitals experiencing declines in patient volume. Requires that amounts set aside for making payments to hospitals for unusually long or costly cases (outlier payments) be based on actual outlier payments made during the second previous fiscal year. Directs the Secretary to include in the annual Medicare report to the Congress a comparison of outlier payments made to rural hospitals with those made to urban hospitals.
United States · United States Congress · 26 June 1987
Expresses the sense of the Senate that: (1) the United States supports the efforts of Koreans to establish fair and free elections and peacefully evolve to a full democratic government; (2) the necessary conditions for achievement of a genuine democracy in South Korea are flexibility and fairness and the renunciation of violence; (3) the necessary conditions for meaningful and free elections include specified internationally recognized human rights standards; (4) the United States recognizes President Chun Doo Hwan's commitment to initiate the first peaceful transition of executive power; (5) a peaceful transfer of power is endangered by inability to agree on timely democratic reforms; (6) the United States calls on all parties in South Korea to resume the search for a peaceful agreement on democratic reform; and (7) the President of the United States should facilitate negotiations among all parties to achieve democracy in South Korea.
United States · United States Congress · 19 June 1987
Expresses the sense of the Senate that: (1) it is in the best interests of U.S. wheat producers to immediately receive the details of the program for the 1988 crop of wheat established under the Agricultural Act of 1949; and (2) such program should provide for an acreage limitation program under which a farm's wheat acreage would be limited to the wheat crop acreage base for the farm reduced by no more than 27 1/2 percent.
United States · United States Congress · 18 June 1987
Deceptive Mailings Prevention Act of 1987 - Designates as nonmailable matter any private solicitation which is offered in terms expressing or implying that the offeror of the solicitation is, or is affiliated with, one of the following agencies: the Social Security Administration, the Health Care Financing Administration, the Office of Family Assistance of the Department of Health and Human Services, the Veterans Administration, the Office of Personnel Management, the Federal Retirement Thrift Board, or the Thrift Investment Management System, or any program carried out by such entities. Allows the mailing of such matter if it contains a conspicuous disclaimer that it is not affiliated with the Federal Government and that it is a private solicitation. Establishes penalties for violations of this Act.
United States · United States Congress · 17 June 1987
Federal Energy Management Improvement Act - Amends the National Energy Conservation Policy Act to revise the policies governing Federal energy management. Adds and defines new terms, including "energy conservation measures" and "performance contracting." Redescribes procedures involved in the establishment and use of life cycle cost methods. Requires the establishment by each agency of a program of incentives that uses internal resources to encourage energy conservation and efficiency by allowing the retention of a portion of the dollar savings resulting from the agency's energy conservation measures. Establishes an Interagency Energy Management Task Force to assess Federal energy savings, disseminate information on energy efficiency, including cogeneration and other technologies, and develop energy-saving options. Requires agencies to improve construction designs for Federal buildings so that the energy consumption per gross square foot in use during FY 1995 is at least ten percent less than that of FY 1985. Sets forth implementation steps to meet such goal. Requires agencies to similarly enhance the energy performance of Federal passenger automobiles by ten percent over the same ten-year period.
United States · United States Congress · 17 June 1987
Amends Federal law to direct the President to set aside and proclaim the first Thursday in May in each year as a National Day of Prayer. (Current law directs the President to set aside and proclaim a suitable day each year, other than a Sunday, for such purpose.)
United States · United States Congress · 16 June 1987
Amends the Internal Revenue Code to: (1) increase from 25 percent to 80 percent the income tax deduction for the health insurance costs of a self-employed individual; and (2) set a standard by which the health plan of a self-employed individual will be treated with respect to the nondiscrimination requirements applicable to certain employee benefit plans.
United States · United States Congress · 5 June 1987
Expresses the sense of the Senate that: (1) the President should endorse the original position of the United States in ongoing international negotiations to protect the Earth's ozone layer; and (2) the United States should continue to seek an international agreement which will provide for an immediate freeze in the production of the major ozone depleting chemicals at 1986 levels, an automatic reduction of not less than 50 percent in the production of such chemicals, and the virtual elimination of such chemicals.
United States · United States Congress · 4 June 1987
Federal Campaign Reform Act of 1987 - Amends the Federal Election Campaign Act of 1971 to increase the limit a person is allowed to contribute to any candidate and the candidate's authorized political committees with respect to any election to Federal office from $1,000 to $1,500. Decreases the amount a multicandidate political committee is allowed to make to a candidate and the candidate's authorized political committees from $5,000 to $2,500. Requires corporations, labor organizations, and each national committee of a political party to file a report with the Commission if such entities have engaged in any otherwise exempt activity during the period for which the report is filed. Describes "otherwise exempt activities" as those activities which are exempt from disclosure requirements and which include any act of furnishing or making available services, payments, or other benefits excluded from the definition of contribution or expenditure. Declares that any nonprofit corporation receiving reduced postal rates which uses the mails to engage in any otherwise exempt activity during the 90-day period prior to a general or special election shall be subject to a civil penalty. Establishes reporting requirements for persons making independent expenditures in U.S. Senate elections totaling more than $10,000, and thereafter each time such persons make independent expenditures totaling more than $5,000. Subjects to such reporting requirements the exempt activities of corporations and labor organizations. Sets forth disclosure requirements for independent expenditures through broadcast communications on any radio or television station. Provides that an expenditure is not an independent expenditure where the person making an expenditure is in coordination, consultation, or concert with a candidate. Requires a candidate, within 15 days of qualifying for a primary election ballot, to file with the Commission and each other qualifying candidate a declaration stating whether or not such candidate intends to expend funds and incur personal loans for the primary and general election in the aggregate of $250,000 or more from the following sources: (1) personal funds; (2) family funds; and (3) personal loans incurred in connection with the campaign for office. Allows the opponents of such candidate to accept larger contribution amounts from individuals. Requires a candidate who files a declaration of intent not to expend more than $250,000 and who subsequently does exceed such amount, to file an amended declaration within 24 hours after exceeding such amount. Allows a candidate to repay a personal loan in connection with the candidate's campaign from contributions made to such candidate or any authorized committee of such candidate. Prohibits the repayment of any interest on the principal amount of such loan. Prohibits a candidate from making expenditures from personal funds, family funds, or from incurring personal loans in connection with the election campaign at any time within 60 days before such election. Requires that solicited or accepted contributions made through a check or money order be made payable to a specific payee by the original drawer of the check or money order when such amounts will be combined and contributed to a candidate for Federal office. Requires semiannual reports by a party political committee with respect to payments to such committee to defray establishment, administration, and solicitation costs. Requires the national committee of a political party to include in specified reports all funds received and disbursements made for purposes other than to influence a Federal election (soft money). Expresses the sense of the Congress that there should be established a bipartisan commission on campaign financing to develop a means of campaign financing which: (1) promotes the availability of qualified candidates for congressional office; (2) permits candidates, irrespective of their personal financial resources, the opportunity to communicate effectively with the electorate; (3) protects the integrity of the legislative process; (4) promotes participation of political parties in the electoral and legislative process; and (5) promotes public confidence in both the electoral and legislative processes. Declares that such commission should consider and study Federal laws and regulations and public commentary relating to financing congressional election campaigns.