United States · United States Congress · 23 January 1981
Savings and Retirement Income Incentive Act of 1981 - Amends the Crude Oil Windfall Profit Tax Act of 1980 to make permanent the income tax exclusion for dividend and interest income. Increases such tax exclusion for persons over age 65 to $500 ($1,000 for joint returns). Amends the Internal Revenue Code to increase to $2,000 the amount of the income tax deduction for contributions to individual retirement accounts. Eliminates the prohibition against certain pension plan participants (e.g. government and military personnel) from making deductible contributions to individual retirement accounts. Increases the amount of nondeductible contributions which an individual may make to an individual retirement account in a taxable year and over such individual's lifetime. Permits contributors to an individual retirement account to withdraw from such an account up to $10,000, without tax penalty, in order to purchase a first home or finance the higher education of a dependent child. Allows an income tax deduction for voluntary employee contributions to tax-qualified employer pension and annuity plans.
United States · United States Congress · 22 January 1981
Commuter Transportation Energy Efficiency Act of 1981 - Title I: Individual Income Tax Credit - Amends the Internal Revenue Code to allow a credit against the income tax in an amount equal to 15 percent of the cost of acquiring a qualified commuter highway vehicle. Provides for apportionment of such credit among joint acquirers. Requires a minimum three-year use of such vehicle under penalty of recapture of such credit in the year of any cessation of such use or other disposition of the vehicle. Describes the qualifications of such vehicle. Title II: Exclusion of Qualified Transportation Income From Gross Income - Amends the Internal Revenue Code to exclude from the gross income of an employee amounts paid or reimbursed by the employer for the cost of commuting to and from work on public transportation. Excludes from gross income any services provided or amounts contributed by an employer in connection with a ride-sharing program that assists employees in locating and starting car pools. Excludes from gross income any compensation received by a car pool driver from other individuals in such pool. Title III: Business Energy Investment Credit - Amends the Internal Revenue Code to set the energy percentage for van pool vehicles at ten percent, thus making them eligible for a 20 percent investment tax credit. Excludes from the 80 percent commuting mileage requirement the number of miles the regularly scheduled driver uses such vehicle for personal purposes if the driver is not the taxpayer. Title IV: Employer's Tax Credit for Qualified Ride-Sharing Programs - Amends the Internal Revenue Code to allow a credit against the income tax of an employer for administrative expenses incurred in connection with the operation of a ride-sharing commuter program for employees. Determines such credit by multiplying the average number of such employer's employees during the taxable year by a specified amount keyed to the percentage of participating employees. Title V: Gasoline Tax Deduction - Amends the Internal Revenue Code to allow an income tax deduction for Federal, State, and local taxes, and import fees on gasoline, diesel fuel, and other motor fuels used in a ride-sharing commuter vehicle. Describes the qualifications for such vehicle. Requires the Secretary of the Treasury to publish tables to assist taxpayers in computing such deduction.
United States · United States Congress · 21 January 1981
National Automotive Research Act of 1981 - Amends the National Aeronautics and Space Act of 1958 to require the National Aeronautics and Space Administration (NASA) to plan, direct, and conduct automotive research and technology development activities, utilizing to the extent possible the capabilities of other Government laboratories, private industry, and institutions of higher learning. Requires NASA to establish and implement a program to solicit and evaluate ideas from inventors and to stimulate the further development of specified ideas. Transfers to NASA within two years of enactment all automotive research and technology development activities currently being conducted by other Federal departments and agencies and so much of the positions, personnel, property, and funds of such departments and agencies as the Administrator of NASA shall recommend. Authorizes and directs the Administrator to prepare a comprehensive management program for the conduct of research and technology development activities under this Act, including a progress report on the transfer to NASA of the automotive research and development activities of other departments and agencies. Requires the Administrator to transmit such program to the appropriate committees of Congress. Requires the Administrator to detail modifications in such program in the annual budget submission. Authorizes specified amounts through fiscal year 1984 and amounts to be set in annual authorization Acts for subsequent fiscal years to carry out this Act.
United States · United States Congress · 21 January 1981
Expresses the jubilation and relief of the Senate at the release of the 52 Americans held hostage by Iran. Expresses appreciation for the efforts of various Government officials to secure the release of the hostages. Recognizes the patriotism of the military personnel who tried to rescue them. Thanks Algeria for its help in securing the hostages' release.
United States · United States Congress · 19 January 1981
Amends the Internal Revenue Code to exclude from gross income a corporate stock distribution to a stockholder based upon the reinvestment of stock dividends in the corporation by such stockholder pursuant to his election to participate in a qualified dividend reinvestment plan, as defined in this Act. Limits the amount of such exclusion to $1,500 per year. Establishes a rebuttable presumption that a distribution made by a corporation which purchases its common stock within one year of such distribution shall not be deemed a distribution pursuant to a qualified dividend reinvestment plan.
United States · United States Congress · 19 January 1981
Amends the Internal Revenue Code to include displaced homemakers (as defined by the Comprehensive Employment and Training Act Amendments of 1978) as a targeted group for whom the new employee tax credit is available.
United States · United States Congress · 19 January 1981
Title I: Export Trading Companies - Export Trading Company Act of 1981 - Directs the Secretary of Commerce to promote export trading companies by providing information and by facilitating contacts between producers of exportable goods and export trading companies. Authorizes any banking organization to invest specified amounts in export trading companies upon notifying, but without obtaining the prior approval of, the appropriate Federal banking agency, if such investment does not cause an export trading company to become a subsidiary of such organization. Allows greater investment by Edge Act Corporations not engaged in banking. Permits any banking organization to invest beyond such limitations with prior approval of the appropriate Federal banking agency. Requires prior notification of such agencies in specified circumstances. Sets forth further limitations on export trading companies and investments by banking organizations. Specifies factors to be taken into consideration by the banking agencies. Permits such agencies to impose conditions in approving applications to invest in export trading companies. Requires such agencies to report to the appropriate Congressional committees with their recommendations concerning implementation of this Act, related changes in U.S. law, and effects of ownership of U.S. banks by foreign banking organizations. Provides for judicial review of denial orders in the appropriate U.S. Court of Appeals. Sets forth the grounds for disapproval. Provides for remand for further consideration by the banking agency. Directs the Economic Development Administration and the Small Business Administration to give special weight to export-related benefits when considering applications for loans and guarantees by export trading companies. Authorizes up to $20,000,000 to be appropriated for initial investments and operating expenses for each of fiscal years 1981-1985. Directs the Export-Import Bank of the United States to provide loan guarantees for expansion to export trading companies or exporters to be secured by accounts receivable or inventories when adequate financing is not otherwise available. Directs the Board of Directors to try to insure that a major share of such guarantees promotes exports from small, medium-size, and minority businesses or agricultural concerns. Title II: Export Trade Associations - Export Trade Association Act of 1981- Amends the Webb-Pomerene Act to exempt the export trade, export trade activities, and methods of operation of certified export trade associations and export trading companies from the antitrust laws. Delays the effectiveness of any certificate upon the notification of the Secretary of Commerce by the Attorney General or the Federal Trade Commission (FTC) of disagreement with the decision to issue a certificate. Sets forth the procedure to be followed by any association, company, or export trading company seeking certification under this Act and by the Secretary in issuing such certificates. Permits automatic certification for existing associations. Provides for appeal of the Secretary's denial of certification. Authorizes the Attorney General or the FTC to bring an action to invalidate a certification. Requires the Secretary, in consultation with the Attorney General and the FTC, to publish certification guidelines. Requires certified associations and export trading companies to submit annual reports to the Secretary. Directs the Secretary to establish within the Department of Commerce an Office of Export Trade. Requires such Office to report annually to the appropriate Congressional committees on all East-West trade transactions requiring validated licenses and on the role of U.S. export trading companies in such trade. Grants a temporary exemption from the Sherman Act antitrust provisions for existing associations. Requires, with specified exceptions, that all applications for certification be kept confidential. Authorizes the Secretary to require an association or trading company to modify its operation to be consistent with international obligations of the United States. Directs the President to appoint, with the Senate's advice and consent, a task force, seven years after enactment, to examine the effect of this Act and to make recommendations.
United States · United States Congress · 6 January 1981
Amends the Internal Revenue Code to increase from 60 percent to 75 percent the noncorporate capital gains deduction from gross income. Reduces the alternative minimum tax rate. Reduces from 28 percent to 17.5 percent the corporate alternative tax rate on capital gains.
United States · United States Congress · 5 January 1981
State and Local Government Fiscal Note Act of 1981 - Amends the Congressional Budget Act of 1974 to require the Director of the Congressional Budget Office to estimate the costs which would be incurred by State or local governments in complying with any bill or resolution (likely to result in annual costs greater than $200,000,000 or have exceptional fiscal consequences) and compare such estimates with any made by congressional committees or Federal agencies. Authorizes appropriations.
United States · United States Congress · 5 January 1981
Federal Assistance Reform Act of 1981 - Title I: Consolidation of Federal Assistance Programs - Directs the President: (1) prior to each regular session of Congress, to examine the various Federal assistance programs to determine if consolidation of any such programs is necessary or desirable to promote the efficiency, administration, or coordination of such programs; and (2) upon making such a determination, transmit to Congress a plan for consolidating functionally related programs. Requires that such a plan: (1) designate a single agency to administer the plan and the consolidated programs; (2) specify the terms and conditions under which such programs will be administered; (3) expire no later than ten years after enactment of this Act; and (4) include a message describing the difference between the terms and conditions of the programs to be consolidated before and after consolidation, and assessing the plan's effects on the costs of implementing the programs. Directs the President to transmit a report on the administration of this title to Congress within 60 days of each session of Congress. Prohibits a consolidation plan from: (1) consolidating programs which are not functionally related; (2) designating an administering agency that did not administer any program to be consolidated; (3) excluding any person or group who is eligible for assistance under one of the programs to be consolidated from eligibility for assistance under the consolidation plan; or (4) making eligible for assistance under the plan any person or group not eligible under one of such programs. Terminates the consolidation authority under this title ten years after it becomes effective Declares that a consolidation plan shall become effective upon approval by the President of a Congressional resolution approving the plan. Sets forth House and Senate procedures for considering such a resolution. Authorizes the aggregation of appropriations for programs consolidated under such a plan. Title II: Financial Management and Audit of Federal Assistance Programs - Requires the Director of the Office of Management and Budget (OMB): (1) in consultation with the Comptroller General of the United States, to establish and maintain standard procedures to be utilized by all Federal agencies for the administration, accounting, and financial auditing of Federal assistance to State and local governments and nonprofit organizations; and (2) to prescribe directives to agencies for coordinating Federal, State, and local audits of grant programs. Requires a single, independent, biennial, compliance, and financial audit of State and local government entities, nonprofit organizations, and subgrantees which receive Federal assistance. Requires such an audit of an organization which receives less than $100,000 a year to be conducted quinquennially. Establishes the responsibility of State and local governments and nonprofit organizations to utilize independent auditors to conduct audits of Federal assistance recipients within their jurisdictions in accordance with generally accepted auditing standards. Makes the Federal Government responsible for: (1) utilizing the quality review process to be established by the Director of OMB and the Comptroller General to assure the proper performance of such audits; and (2) conducting audits which are not financial and compliance audits. Directs the OMB to establish methods of payment of independent auditors for the expense of performing all or any part of an audit on behalf of the Government. Title III: Integrated Grant Development - Integrated Grant Development Act of 1981 - Repeals the Joint Funding Simplification Act. Directs the President to issue guidelines necessary to assure that Federal agencies: (1) identify related Federal assistance programs that would be suitable for providing joint funding; (2) issue guidelines and develop materials to assist in the development of projects drawing support from different assistance programs; (3) review and modify administrative requirements which impede integrated grant development for projects; (4) establish common administrative rules with respect to related programs to assist in integrated grant development for specific projects; and (5) create joint or common procedures for processing applications, supervising projects, and evaluating performance (including procedures insuring that agencies participating in integrated grant programs contribute proportionately to the lead agency's costs of administering the program). Requires the heads of Federal agencies to cooperate with respect to Federal assistance programs which may be suitable for providing joint support of projects of State or local governments or nonprofit organizations. Declares that the Director of OMB shall have responsibility for carrying out the provisions of this title. Specifies guidelines to be followed by each Federal agency participating in an integrated grant program when processing applications for assistance from State or local governments or nonprofit organizations. Sets forth special authorities to be utilized by an agency providing support to a project assisted by more than one Federal program only when a problem cannot be solved through other actions by this title or other applicable law. Directs an agency to adopt uniform provisions governing the financial management of a project, the timing of Federal payments for such project, the form of assistance, and accountability procedures when such project otherwise would be subject to conflicting administrative rules. Permits the review of integrated grant project proposals by a single board or committee. Allows an agency to delegate its functions for the administration of a Federal assistance program to another agency with the approval of the President. Authorizes the establishment of a management fund with respect to a project receiving support from more than one program. Permits the transfer to such fund of the proportionate share of payments for the project from each affected appropriation. Directs the OMB to report to the Appropriations Committees of Congress on the savings effected by integrated grants. Requires the recipients of assistance under a program financed by a management fund to keep records necessary for an effective audit. Grants access to the papers and records of such a recipient to the Comptroller General and the head of the agency administering the management fund. Terminates the provisions of this title five years after they become effective. Directs the President, at least two years before the provisions expire, to transmit to Congress a report which evaluates and makes recommendations for the administration of this title. Title IV: Administration of Generally Applicable Federal Assistance Requirements - Defines the term "generally applicable requirement" as any requirement with which a recipient of Federal assistance has to comply in order to achieve national policy objectives, and which applies to programs administered by two or more agencies. Requires the President, within 120 days after enactment of this title, to designate Federal agencies to: (1) coordinate the preparation of national policy assistance standards for one or more generally applicable requirements in various subject areas; and (2) report on the implementation of such requirements. Directs the President to establish a date for the preparation of such standards which shall be not later than two years after enactment of this Act for existing requirements or two years after a requirement is established by statute or administrative rule. Directs each designated agency to organize and chair a task force to prepare such standards. Requires such a task force to consist of each assistance agency responsible for implementing the national policy objective. Requires that such standards eliminate any unnecessary compliance burdens for assistance recipients while ensuring the achievement of national policy assistance objectives. Directs each agency which administers a program to which such standards apply, to implement such standards within 120 days after they are published by a designated agency. Directs each designated agency to coordinate the implementation of such standards, and to insure that such standards are revised only on the first day of each fiscal year. Requires the head of each assistance agency to designate a senior official to: (1) coordinate such agency's actions to comply with such standards; and (2) ensure active agency participation in the development and implementation of such standards. Authorizes such agency head to certify that State and local governments are in compliance with State and local government requirements that contain the same requirements as national policy assistance standards. Directs a designated agency to report to the President concerning any impediments to the development of such standards. Permits the President to direct the agency to prepare a proposed bill for transmission to Congress, to remove such impediments. Allows the President to submit to Congress proposed legislation exempting certain programs from inappropriate generally applicable requirements. Authorizes the President to delegate responsibility for monitoring the overall implementation of this title to the Director of OMB or the head of any other Federal agency. Title V: Miscellaneous - Amends the Intergovernmental Cooperation Act of 1968 to require any Federal agency which administers a program of Federal assistance to a State government or a political subdivision, upon request, to provide written information to a designated State agency on the amount and purpose of such assistance. Requires any Federal agency: (1) to provide notice to a State or local government before withdrawing or refusing to renew financial assistance; (2) upon request, to provide such government with an opportunity to demonstrate why such action should not be taken; and (3) upon request, to explain why such a government's application for assistance was rejected. Authorizes the head of a Federal agency to waive any changed requirements for the receipt of grants with respect to a State, local government, or nonprofit organization which has expended substantial effort to apply for such grant under the existing requirements. Directs the United States Advisory Committee on Intergovernmental Relations: (1) to conduct a study of alternative methods of delivering public services supported by grants-in-aid in order to improve the effectiveness and efficiency of such services; and (2) to report its findings and recommendations to Congress and the President. Requires the Director of OMB to prepare a list of the 100 largest Federal assistance programs of each year. Directs the head of an agency administering any such program to prepare and transmit to the Director an analysis of the administrative costs of that program during the preceding year. Requires the Director of OMB to conduct and report to Congress concerning a pilot program to develop and implement methods to assess the administrative costs of Federal assistance programs.
United States · United States Congress · 5 January 1981
Amends the Internal Revenue Code to extend the business expense deduction to any trade or business conducted in the home of the taxpayer. Eliminates the restrictions on the deductibility of expenses relating to the rental of a residence to a family member. Permits a taxpayer to make repairs on rental properties on a full-time basis without being treated as using such properties for personal purposes.
United States · United States Congress · 5 January 1981
Amends the Internal Revenue Code to allow an income tax deduction for cash contributions made by an eligible employee to certain retirement savings and pension plans. Limits the amount of such deduction to the lesser of 15 percent of the employee's gross compensation or $1,000. Defines "eligible employee" as an employee who is an active participant for any part of the taxable year in: (1) a tax-exempt pension or profit-sharing plan; (2) an annuity plan; (3) a qualified bond purchase plan; or (4) a group retirement trust maintained by a labor organization.
United States · United States Congress · 5 January 1981
Amends the Internal Revenue Code to allow married couples, who do not file a single joint tax return with their spouses, to elect the same tax rates currently applicable to unmarried individuals (other than surviving spouses and heads of households), without regard to any community property laws. Entitles any married individual making such an election to claim the income tax credit for dependent care services, even though such individual did not contribute over half of the support of the dependent concerned.
United States · United States Congress · 5 January 1981
Constitutional Amendment - Provides that the people of the several States, and the District of Columbia shall elect the President and Vice President. Requires each elector to cast a single vote for two persons who shall have consented to the joining of their names as candidates for the offices of President and Vice President. Requires the electors of President and Vice President in each State to have the qualifications requisite for electors of the most numerous branch of the State legislature, except that for electors of President and Vice President, the legislature of any State may prescribe less restrictive residence qualifications and for electors of President and Vice President the Congress may establish uniform residence qualifications. Provides that: (1) the pair of persons having the greatest number of votes for President and Vice President shall be elected, if such number is at least 40 percent of the whole number of votes cast; and (2) if no pair of persons has such number, a runoff election shall be held in which the choice of President and Vice President shall be made from the two pairs of persons who received the highest numbers of votes. Requires the days for such elections to be determined by Congress and to be uniform throughout the United States. Requires Congress to prescribe by law the time, place, and manner in which the results for such elections shall be ascertained and declared. Allows Congress to provide for the case of the death, inability, or withdrawal of any candidate for President or Vice President before a President and Vice President have been elected, and for the case of the death of both the President-elect and Vice President-elect.
United States · United States Congress · 2 December 1980
Designates the Clinical Center of the National Institutes of Health located in Montgomery County, Maryland, as the Warren Grant Magnuson Clinical Center of the National Institutes of Health. Directs the Committee on Rules and Administration to place appropriate markers or inscriptions at suitable locations within such center to commemorate and designate such building.
United States · United States Congress · 17 November 1980
Amends the Internal Revenue Code to extend the business expense deduction to any trade or business conducted in the home of the taxpayer. Eliminates the restrictions on the deductibility of expenses relating to the rental of a residence to a family member. Permits a taxpayer to make repairs on rental properties on a full-time basis without being treated as using such properties for personal purposes.
United States · United States Congress · 1 October 1980
Amends the Internal Revenue Code to allow the executor of an estate to elect to determine the value of certain farmland, woodland, or open space in the estate according to its current use value, rather than its fair market value. Requires such land to have been devoted to farming, woodland, or open space for the 60 months preceding the decedent's death. Provides for recapture of tax that would have been assessed and paid at fair market value if all or any part of such property is: (1) converted to an unqualified use; (2) rezoned for an unqualified use at the land owner's request; or (3) sold. Requires filing of a tax return within 30 days after the end of the calendar quarter in which such a sale takes pace.
United States · United States Congress · 30 September 1980
Establishes the Commission for the Commemoration of the Bicentennial of the United States Constitution, representing the three branches of the Federal Government and the public, to plan and develop activities to commemorate the historic events that preceded and are associated with the Constitution. Requires Federal departments and agencies to cooperate with the Commission in planning appropriate commemorative activities. Directs the Commission to submit annual reports to the President and the Congress by May 1 of each year through calendar year 1990 on its progress. Requires the Commission to submit a final report to the President by May 1, 1991, including its recommendations and the plans of Federal, State, and local governments, and private groups for such commemoration. Terminates the Commission on December 31, 1991. Authorizes appropriations to carry out provisions of this Act for the fiscal year ending September 30, 1981, and such additional amounts as may be necessary for subsequent fiscal years.
United States · United States Congress · 17 September 1980
Establishes the United States Holocaust Memorial Council which shall: (1) provide and encourage appropriate ways for the Nation to observe the Days of Remembrance to commemorate the holocaust; (2) plan, erect, and oversee the operation of a memorial museum to the victims of the holocaust; and (3) plan for carrying out the recommendations of the report submitted to the President on September 27, 1979, by the President's Commission on the Holocaust. Authorizes the Council to receive public land in the District of Columbia on which it may erect the memorial. Terminates the Council's authority to construct a memorial if the erection of the memorial has not commenced within five years of enactment of this Act and sufficient funds to ensure completion of the memorial have not been certified to be available. Authorizes appropriations to carry out this Act.
United States · United States Congress · 8 September 1980
Amends the District of Columbia Police and Firemen's Salary Act of 1958 to specify that officers and members of the United States Secret Service Uniformed Division shall receive the same overall percentage adjustment in basic compensation as other Federal employees within the General Schedule under the Federal pay comparability system, effective in fiscal year 1981.
United States · United States Congress · 8 September 1980
Authorizes the President to present, on behalf of the Congress, a specially struck gold medal to Jesse Owens in recognition of his athletic achievements in the 1936 Olympics. Authorizes the Secretary of the Treasury to strike bronze duplicates of such medal for sale to the general public.
United States · United States Congress · 3 September 1980
Congratulates Polish workers on the successful completion of their strikes. Urges the Polish government to respect the agreement. Calls upon other nations to not interfere in Poland's internal affairs.
United States · United States Congress · 26 August 1980
Federal Physicians Comparability Act of 1980 - Amends the Federal Physicians Comparability Allowance Act of 1978 to entitle a physician who has been employed by the Government for more than one year to: (1) variable special pay, in addition to any other pay or allowance, ranging from $5,000 to $10,000 per year based on the creditable service of the physician; and (2) an annual incentive payment of $10,000 for any 12-month period during which the physician is not undergoing medical internship or initial residency training, provided the physician executes an agreement to remain on active duty for one year after receiving such payment. Entitles such a physician who is board certified to an additional payment for board certification in an amount ranging from $2,000 to $5,000 depending on the creditable service of the physician. Includes: (1) any physician paid under the Senior Executive Service, the Merit Pay System, or a pay system for the Panama Canal Commission or the United States Postal Service within the definition of "Government physician"; and (2) the Library of Congress within the definition of "agency" for purposes of such Act. Directs the Director of the Office of Personnel Management: (1) to prescribe regulations for the administration of the provisions of this Act; (2) to conduct a review every two years of the special pay authorized by this Act; and (3) to report the results of each review of Congress.
United States · United States Congress · 21 August 1980
Amends the Internal Revenue Code to allow nonrecognition of gain for the sale of farmland development rights to a State under a qualified farmland preservation program if, within 18 months before or after such sale, new farmland property is purchased and used by the taxpayer for farming purposes. Requires recognition of gain to the extent that the amount realized on the sale of such rights exceeds the cost of purchasing such new farmland. Defines "farmland development rights" as the right of a real property owner to devote property to a use other than for farming purposes. Defines "qualified farmland preservation program" as a program established by State law for the purpose of assuring that property currently devoted to farming will continue to be so devoted, and which provides for the purchase of farmland development rights by the State in order to carry out that purpose. Requires recapture of unrecognized gain if, within five years of the sale of farmland development rights, the taxpayer: (1) devotes the property concerned to a use other than for farming purposes; (2) sells or exchanges such property for such a non-farming use; or (3) uses the new farmland for other than farming purposes. Allows a taxpayer who has attained age 55 to elect to exclude from gross income any gain from the sale of farmland development rights to a State under a qualified farmland preservation program, if the property concerned has been owned and used by the taxpayer for farming purposes for periods aggregating at least three years during the five years prior to such sale. Limits the amount of such exclusion to $100,000 ($50,000 for a married individual filing a separate return). Limits application of such exclusion to one sale only. Treats any taxpayer who has made such a sale, where the gain falls short of fair market value, as having made a deductible charitable contribution of the difference.
United States · United States Congress · 21 August 1980
Authorizes the Secretary of Transportation, upon application by the States of Maryland and Virginia and the District of Columbia, to make a grant for the reconstruction and rehabilitation of the Woodrow Wilson Memorial Bridge. Directs that the Federal share of the project costs shall be 100 percent. Authorizes to be appropriated, out of the Highway Trust Fund, such sums as may be necessary to carry out the provisions of this Act beginning in fiscal year 1981.
United States · United States Congress · 6 August 1980
Financial Integrity Act of 1980 - Amends the Accounting and Auditing Act of 1950 to require the head of each executive agency to prepare and transmit to the President an annual report on the adequacy of the agency's systems of internal auditing and administrative control. Directs the Comptroller General of the United States: (1) in consultation with the Director of the Office of Management and Budget, to establish a method of reporting and a general framework to guide the agencies in evaluating their systems of internal accounting and administrative control, and to modify such method or framework as necessary; and (2) to define internal accounting and administrative controls to provide assurances that: (a) obligations and costs were in compliance with applicable law; (b) funds, property, and other assets were safeguarded against waste, loss, unauthorized use, or misappropriation; and (c) agency revenues and expenditures were properly accounted for and recorded. Requires any inadequacy in the agency's systems which prevents the systems from achieving such assurances to be identified, and a plan for correcting such an inadequacy to be described in detail. Requires the Inspector General or the head of the internal audit staff of each agency to receive and investigate any allegation that an agency employee provided false or misleading information in connection with an evaluation or report concerning the agency's accounting or control systems. Directs the head of an agency to take action against such an employee as necessary.
United States · United States Congress · 5 August 1980
Governmental Efficiency in Research and Development Act of 1980 - Requires the head of each Federal laboratory to establish within such laboratory an Office of Research and Technology Applications (ORTA) which shall: (1) evaluate and prepare an assessment of the research and development projects conducted by the laboratory which have potential applicability to State and local governments; (2) disseminate information on products, processes, and services developed by the laboratory which are of potential use to such governments; (3) cooperate with other organizations which assist in making the research and development resources of the Federal Government available to persons using such resources for State and local governments; and (4) provide research and technology to such governments upon request. Permits a laboratory to provide such governments with literature, the services of experts, equipment, and direct engineering or scientific assistance. Permits each laboratory to utilize any office which performs functions relating to technology transfer and utilization and which was established before enactment of this Act to perform the functions of an ORTA. Establishes a Federal Laboratory Consortium which shall cooperate with each Federal agency operating a laboratory to: (1) coordinate the activities of the ORTA; (2) establish guidelines to be used by ORTA when providing requested assistance to State and local governments; (3) receive and refer such requests to the ORTA of the appropriate laboratory; (4) serve as a central clearinghouse for technical information developed by Federal laboratories which has potential application to State and local governments; (5) provide engineering assistance necessary to adapt laboratory information, products, and services to the needs of such governments; and (6) provide a communication network for Federal laboratories and agencies. Directs the Consortium to establish an Advisory Committee consisting of representatives of State and local governments, businesses, and academic institutions. Creates within the National Science Foundation the Federal Laboratory Program Management Office to: (1) coordinate the activities of the ORTA; (2) receive and refer to the Consortium requests for assistance from State and Local governments; (3) advise and assist the Consortium; (4) provide support for adaptive engineering assistance; (5) utilize the expertise of the Center for the Utilization of Federal Technology and the Department of Commerce; and (6) provide funding to Federal laboratories. Establishes a Center for the Utilization of Federal Technology in the Department of Commerce. Directs the Center to: (1) serve as a central clearinghouse for technical information concerning services or products owned or developed by the United States which may be useful to State and local governments or industry; (2) receive and refer to the appropriate ORTA requests for technical assistance from businesses; and (3) provide funding to Federal laboratories. Requires each agency which operates a Federal laboratory to: (1) reserve one-half of one percent of the total amount appropriated to that agency for each fiscal year to carry out the provisions of this Act; (2) designate an office to insure that the provisions and intent of this Act are achieved; and (3) transmit to the Management Office and Center an annual report on the activities of the agency and the laboratory. Directs the head of the Management Office to consolidate such reports into a single report for transmission to the Director of the Office of Science and Technology Policy, who shall transmit such report to the President for submission to Congress. Requires the Administrator of the Management Office, within three years after enactment of this Act, to report to Congress and the President on activities conducted pursuant to this Act.
United States · United States Congress · 5 August 1980
National Automotive Research Act of 1980 - Amends the National Aeronautics and Space Act of 1958 to require the National Aeronautics and Space Administration (NASA) to plan, direct, and conduct automotive research and technology development activities, utilizing to the extent possible the capabilities of other Government laboratories, private industry, and institutions of higher learning. Requires NASA to establish and implement a program to solicit and evaluate ideas from inventors and to stimulate the further development of specified ideas. Transfers to NASA within two years of enactment all automotive research and technology development activities currently being conducted by other Federal departments and agencies and so much of the positions, personnel, property, and funds of such departments and agencies as the Administrator of NASA shall recommend. Authorizes and directs the Administrator to prepare a comprehensive management program for the conduct of research and technology development activities under this Act, including a progress report on the transfer to NASA of the automotive research and development activities of other departments and agencies. Requires the Administrator to transmit such program to the appropriate committees of Congress. Requires the Administrator to detail modifications in such program in the annual budget submission. Authorizes specified amounts through fiscal year 1983 and amounts to be set in annual authorization Acts for subsequent fiscal years to carry out this Act.
United States · United States Congress · 28 July 1980
Lee Metcalf Fair Employment Relations Resolution - Title I: Fair Employment Relations Board - Establishes as an office of the Senate, the Senate Fair Employment Relations Board to: (1) establish and publish policies and guidelines for the implementation and enforcement of rule XLII of the Standing Rules of the Senate; (2) supervise the actions of the Director and the operations of the Senate Fair Employment Relations Office; and (3) hear and determine complaints. Title II: Senate Fair Employment Relations Office - Establishes as an office of the Senate, the Senate Fair Employment Relations Office which shall develop procedures to implement the policies of the Board, gather information relating to Senate employment practices, and review procedures for the hearing and settling of complaints. Title III: Complaints of Violations of Equal Employment Opportunity - Provides for counseling and assistance through the Office, to any individual who believes that he or she has been discriminated against in violation of rule XLII. Sets forth the procedure for filing informal complaints based on employment discrimination, and for the informal settlement of such claims. Sets forth the procedure for filing formal complaints, and for conducting hearings on such claims. Provides for an appeal to the Senate Select Committee on Ethics of an adverse decision or order of the Board. Sets forth remedies available to individuals who have been discriminated against in violation of rule XLII. Title IV: Amendments to Standing Rules of the Senate - Amends rule XLII of the Standing Rules of the Senate, relating to employment practices, to provide that any complaint of violation of such rule be heard and settled by the Senate Fair Employment Relations Board in accordance with provisions of this Act.
United States · United States Congress · 25 July 1980
Amends the Railroad Retirement Act of 1974 to extend specified cost-of-living increases for railroad employee annuitants. Amends the Internal Revenue Code to increase the excise tax paid by employers on employees' compensation so as to generate funds to finance such increases. Directs the Railroad Retirement Board, not later than 30 days before the beginning of a calendar year, to determine the account balance-benefit ratio for such calendar year. Directs the Board to publish a notice in the Federal Register of such ratio and of the tax rate applicable under this Act.
United States · United States Congress · 24 July 1980
Declares a named individual to have satisfied specified requirements under the Immigration and Nationality Act relating to required periods of residence and physical presence within the United States. Authorizes such individual to be naturalized.
United States · United States Congress · 24 July 1980
Family Enterprise Estate and Gift Tax Equity Act - Amends the Internal Revenue Code to increase the unified credit against the estate and gift taxes from $47,000 to $155,800 by specified annual increments through 1985. Increases from $175,000 to $500,000, by specified annual increments through 1985, the minimum gross estate requiring filing of a return. Repeals the existing limitations on the marital deduction for gift and estate taxes. Increases from $3,000 to $6,000 the annual gift tax exclusion. Permits disabled individuals and those receiving social security benefits to meet existing material participation requirements with respect to the special use valuation of certain farms and other real property, if an individual has materially participated in the operation of the farm or business for five out of the eight years preceding the year in which he or she becomes disabled or eligible for such benefits. Permits the spouse of a decedent to meet such requirements if the spouse has actually managed the farm or business for ten years preceding the decedent's death, or takes over active management upon the decedent's death. Permits the owner of a woodland to qualify for the special use valuation if he or she has actively managed the property for ten years prior to death. Reduces from 15 to ten years the length of time a qualified property must be held following the decedent's death before it can be disposed of without incurring a recapture of estate tax benefits. Permits active management rather than material participation as a test for qualification for the estate for spouses, children under 21, students, and disabled individuals who receive property from a decedent who qualified for special use valuation. Repeals the $500,000 limitation on the reduction of the value of qualified real property permitted for application of the special use valuation. Allows like kind exchanges of property without loss of special use valuation qualification. Allows net crop share rentals to qualify for the special use valuation as well as cash rentals. Authorizes the step-up basis of assets recaptured because of loss of the special use valuation. Repeals the requirement that an heir elect special treatment for involuntary conversions of qualified real property, thus making such treatment automatic upon such a conversion. States that gifts made within three years of a decedent's death shall be valued as of the time of transfer rather than as of the date of death. Authorizes an individual to elect to pay a gift tax rather than use the unified tax credit. Eliminates the alternative extension of time for payment of the estate tax where the estate consists largely of an interest in a closely held business. Allows installment payment election if the value of the interest in the closely held business is either 35 percent of the value of the gross estate, or 50 percent of the taxable estate. Allows payment of an installment within six months after the due date without penalty. Allows a disclaimer of an interest in property for estate tax purposes in specified circumstances where such disclaimer does not result in the passing of the interest concerned under the applicable State law.
United States · United States Congress · 21 July 1980
Increases the limitation on program activity authorized for the Export-Import Bank for direct loans. Stipulates that a specified portion of such increase shall not be available for obligation or disbursement prior to October 1, 1980.
United States · United States Congress · 2 July 1980
Amends the Internal Revenue Code to exclude from gross income Federal grants for tuition and related expenses at institutions of higher education, even though the grant recipient is required to perform future service as a Federal employee. Deems service in a health manpower shortage area as Federal service. Amends the Revenue Act of 1978 to extend for one year the exclusion from gross income amounts received as National Research Service Awards.
United States · United States Congress · 2 July 1980
Expresses the sense of the Senate that the Secretary of Transportation and the Administrator of the Federal Aviation Administration adopt a Metropolitan Washington (D. C.) airports policy and establish a balance in the jet and passenger use of the three commercial airports of the Washington region.
United States · United States Congress · 28 June 1980
Amends the Internal Revenue Code to exempt from the Federal Unemployment Tax Act officers and crewmembers of fishing vessels of up to 15 net tons if the area in which such vessel operates has fishing management regulations and catch limitations for vessels of from ten to 15 net tons which are the same as those regulations and limitations for fishing vessels under ten net tons.
United States · United States Congress · 28 June 1980
Amends the Internal Revenue Code to exempt from income taxation mutual deposit guaranty funds organized before January 1, 1963 (currently, only those funds organized before September 1, 1957 are so exempt). Applies this Act to taxable years ending after December 31, 1967.
United States · United States Congress · 27 June 1980
Patent Term Restoration Act of 1980 - Amends the patent law to extend the terms of patents which encompass specified chemical products, processes for use of a chemical product, or devices, any of which are subject to certain nonpatent regulatory review periods. Sets forth the terms and conditions of such extension, including a seven year limitation. Directs the Commissioner of Patents to issue a certificate of extension stating the fact and length of the extension and identifying the product or device and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Authorizes the Commissioner to revoke such extension if the person subject to the regulatory review period is convicted of a criminal violation for submitting false or misleading data in support of such application.
United States · United States Congress · 27 June 1980
Declares seven named individuals to have been lawfully admitted to the United States for permanent residence under the Immigration and Nationality Act.
United States · United States Congress · 26 June 1980
Amends the Internal Revenue Code to extend from June 15, 1981, to January 1, 1986, the termination date for certain provisions of the Tax Reform Act of 1976 relating to the allowance of a deduction for the amortization of certain rehabilitation expenditures for certified historic structures.
United States · United States Congress · 25 June 1980
Tax Reduction - Job Creation Act - Title I: Individual Tax Rates - Amends the Internal Revenue Code to reduce income tax rates for each category of individual taxpayers. Title II: Incentives for New Plant and Equipment - Amends the Internal Revenue Code to revise the method for determining useful lives of business assets for purposes of computing allowable depreciation deductions. Replaces the asset depreciation range (ADR) method with a schedule of capital cost recovery periods for three classes of business property. Establishes capital cost recovery periods for the following classes of business property: (1) buildings and their structural components, ten years; (2) tangible property, five years; and (3) automobiles, taxis, and light-duty trucks (up to $100,000), three years. Allows a ten percent investment tax credit for buildings and tangible property, and a six percent credit for automobiles, taxis, and light duty trucks. Requires the recapture of depreciation amounts and investment tax credit amounts applicable to assets which are sold or otherwise disposed of prior to the expiration of the capital cost recovery period. Permits taxpayer to deduct less than the full allowance for capital cost recovery in any taxable year. Permits a carryover to succeeding taxable years of any unused depreciation amounts. Disqualifies capital cost recovery property from the allowance for first year depreciation. Treats amounts claimed as the capital cost recovery of noncorporate lessors as an item of tax preference for purposes of the minimum tax. Adopts as an accounting practice the "half year convention" under which investments eligible for capital cost recovery treatment or the investment tax credit which are made at any time during the taxable year are deemed to be made in the middle of such year.
United States · United States Congress · 18 June 1980
Expresses the sense of Congress regarding the domestic automotive and truck industry. Declares it to be a goal of the United States to achieve technological superiority in the world automobile and truck industry. Advocates changes in economic, fiscal, and import policies in order to create adequate capital and produce a more favorable climate for the domestic automobile and truck industry.
United States · United States Congress · 17 June 1980
Directs the Secretary of the Treasury to pay a specified sum to the city of Baltimore, Maryland, in full satisfaction of a claim against the United States for highway relocation costs associated with the construction of part of the Interstate Highway system.
![Official portrait of Sen. Mathias, Charles McC., Jr. [R-MD]](https://www.congress.gov/img/member/m000241_200.jpg)