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United States · Official source
820 records where Sen. Nelson, Gaylord [D-WI] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 27 April 1978
Commends Lee Williams for his long, faithful, and exemplary service to the United States Senate.
United States · United States Congress · 11 April 1978
Requires the Civil Service Commission to devise and submit to Congress a plan to assure the actuarial soundness of the Civil Service Retirement and Disability Fund. Requires such plan to provide for the annual general Federal contribution determined by specified bases and contributions by the Federal employing agency and Federal employees based upon the basic salaries of such employees.
United States · United States Congress · 11 April 1978
Amends Title II (Old-Age,Survivors, and Disability Insurance) of the Social Security Act and the Internal Revenue Code to require coverage under such Title for Federal employees whose employment commences after December 31, 1978 or whose employment is not covered by a retirement system on that date. Permits Federal employees who are presently covered by a Federal retirement system to waive such coverage and elect coverage under the Old-Age, Survivors, and Disability Insurance program. Entitles an employee who makes such an election to a refund of any amount contributed to a retirement system or to a transfer of retirement credits to the Old-Age, Survivors, and Disability Insurance program.
United States · United States Congress · 10 April 1978
Amends the Internal Revenue Code to allow a surviving spouse to treat as furnished consideration, for estate tax purposes, up to a 50 percent share of any joint farm or small business property which was unpaid for at the time of marriage, determined at the rate of two percent a year if such spouse actually participates in the operation of such farm or small business.
United States · United States Congress · 16 March 1978
Drug Regulation Reform Act - Title I: Drug Regulation Reform - States the findings of Congress. Prohibits the manufacture, importation, export, or distribution of a drug entity or a drug product without the prior issuance by the Department of Health, Education, and Welfare of a monograph containing a description of such drug and requirements and guidelines for the contents of information labeling for the forms of drug products eligible for licensing under such monograph. Authorizes the Secretary of Health, Education, and Welfare to require, in a monograph, postmarketing surveillance of any drug, old or new, for a period of up to five years. Limits the issuance of such monographs to drugs determined safe and effective. Defines "safe" as meaning the health benefits of the drug entity or product clearly outweigh the risks it presents, taking into account pertinent standards and requirements. Defines "effective" to mean that a drug entity when incorporated into a drug product used in accordance with the use conditions set forth on the drug label, will have the effect represented. Provides for amendment, suspension, or revocation of a monograph under specified conditions. Authorizes the provisional issuance of a monograph (for a period not to exceed five years) for any drug entity intended to be used in treatment of a life-threatening or severely debilitating disease when: (1) no other effective methods of treatment exist; or (2) such drug entity offers a major advantage to patients compared to the benefits of alternative methods; and (3) delaying issuance would present significantly greater risks to patients affected by such disease. Requires significant evidence of effectiveness and safety for such provisional issuance. Establishes a monograph-petition review procedure requiring a public hearing on the issuance, amendment, or revocation of any monograph, followed by a review of the evidence and issues by a drug science advisory committee, whose recommendations shall be forwarded to the Secretary for his final decision. Authorizes judicial review of a final order of the Secretary by a United States Court of Appeal. Requires, with specified exceptions, the registration of domestic and foreign establishments engaged in the manufacture, import, export, or distribution of any drug entity or drug product. Prohibits for five years after the issuance date of a monograph the licensure of any drug product without: (1) written authorization from the monograph petitioner; or (2) data and information independent of the monograph which would support a determination that the monograph could be issued. Permits the licensure of a drug product, after the expiration of such five year period, without the making of necessary animal and clinical studies already made to demonstrate the safety and efficacy of the drug product under the original monograph. Requires registration of any drug to be used in a drug investigation, and revocation of registration if the human participants in the investigation are subject to unreasonable and significant risk of illness or injury. Specifies standards and requirements for such investigations. Requires the informed consent of participants in such investigations unless the immediate use of the drug product is, in the investigator's opinion, needed to preserve the participant's life and time is not sufficient to obtain either consent from either the participant or his legal representative. Authorizes the Secretary to: (1) issue written guidelines regarding protocols and methods for conducting investigations; and (2) to review and advise, upon request, regarding specified aspects of a drug investigation. Requires unlicensed drug products and drug entities not subject to monographs to obtain permits for export to foreign countries. Specifies requirements for such exports. Exempts homeopathic drug entities and products from monograph, licensure, and investigational use requirements if manufactured or imported in accordance with import/export registration requirements of this Act. Requires: (1) patient information labeling in lay persons' language of the risks, benefits, side effects and so forth of any drug entity or product; and (2) practitioner information labeling that identifies the licensee, registrant, permittee and manufacturer of such drug. Directs the Secretary to prepare and publish a compendium of all prescription drugs eligible for licensing under issued monographs. Prohibits from the promotional labeling of any prescription drug product indications for use, comparisons with other drug products, or dosage recommendations not contained in the information labeling of such product. Prohibits drug product licensees and their agents from: (1) distributing sample prescription drug products without charge; and (2) providing services or transferring items to specified medical personnel or their families, if the value of the service or item is at least $5.00, and no charge is made. Requires disclosure of the sponsorship by a drug product licensee or distriutor of medical and scientific educational materials (other than labeling). Forbids the disclosure by pharmacists and their agents of prescriptions or information contained in prescriptions to anybody but the patient, the prescribing practitioner, or other specified persons. Prohibits licensees and their agents from obtaining or attempting to obtain such information. Prescribes civil, criminal, and administrative penalties, and subjects drug entities and products to seizure, for violations of this Act. Authorizes the Secretary to compel the attendance and testimony of witnesses in any matter relating to implementation or enforcement of this Title. Authorizes the Secretary to inspect drug manufacturing and distributing establishments to determine compliance with this Title. Title II: National Center for Clinical Pharmacology; Evaluation of the Act - Amends the Public Health Service Act to establish, in the Department of Health, Education, and Welfare, the National Center for Clinical Pharmacology to conduct and support, by grants: (1) research in clinical pharmacology and clinical pharmacy; and (2) an ongoing review and analysis of the use of drug products in the United States. Directs the Secretary to contract for an independent evaluation of Title I and its effect on: (1) protection of the public against adverse reactions from and misuse of drug products; (2) innovation in drug research; (3) the economics of the pharmaceutical industry; (4) the cost of drug products; (5) prescribing practices; and (6) the time required for the issuance of monographs. Requires a report on such evaluation to the appropriate Committees of Congress within seven years of enactment.
United States · United States Congress · 14 March 1978
Small Business Simplification Reform Act - Amends the Internal Revenue Code to permit a taxpayer, in calculating depreciation allowances of property, to apply a 36-month useful life computed under the straight-line method for up to $100,000 of basis of property.
United States · United States Congress · 10 March 1978
Interstate Land Sales Full Disclosure Amendments - Exempts the following transactions from the terms of the Interstate Land Sales Full Disclosure Act: (1) sale or lease of any improved land on which there is a condominium; (2) sale or lease of real estate by a developer who is engaged in a sales operation which is predominantly intrastate in nature; and (3) the sale or lease of real estate by a developer who has fulfilled specified conditions to the resident of another State when the principal residence of the purchaser is within a radius of 100 miles from the property. Directs the Secretary of Housing and Urban Development to conduct all actions brought under the Interstate Land Sales Full Disclosure Act in accordance with the Administrative Procedures Act.
United States · United States Congress · 9 March 1978
Designates specified lands within the Nicolet National Forest, Wisconsin, as the Blackjack Springs Wilderness Area.
United States · United States Congress · 6 March 1978
Small Business Reduction and Stimulation Act - Amends the Internal Revenue Code to provide graduated income tax rates for corporations with a maximum rate of 46 percent on income in excess of $150,000 and a minimum rate of 15 percent on income not in excess of $25,000.
United States · United States Congress · 27 February 1978
Presidential Records Act - Requires the President to assure that the performance of official Presidential duties is adequately recorded. Permits the President to destroy such records if the President determines, after consultation with the Archivist, that they are of insufficient administrative, historical, or informational value to warrant their continued preservation. Requires the Archivist of the United States to take possession of such records upon completion of the President's term of office and makes the Archivist responsible for their continued preservation. Authorizes the President, before the end of the his term of office, to place such restrictions as he considers necessary or appropriate on access to and use of such records, provided such restrictions remain in effect for not more than 15 years. Requires the Archivist to review such restrictions upon the death of a former President during such period of restriction to determine whether the continuation of any such restriction is warranted. Authorizes the Archivist to place additional restrictions on the access to such records to protect national security or foreign policy and to prevent an unwarranted invasion of the privacy of any individual. Makes such records subject to subpena or other lawful process. Requires the Archivist to promulgate regulations to implement this Act. Makes such regulations subject to veto by either House of Congress.
United States · United States Congress · 27 February 1978
Authorizes and requests the President to designate the week of April 30, 1978, as "National Small Business Week."
United States · United States Congress · 23 February 1978
Comprehensive Employment and Training Amendments - Revises generally the Comprehensive Employment and Training Act (CETA) of 1973. Consolidates the administrative provisions of such Act in a new title. Amends the definition of "prime sponsor" to include Native American entities. Requires State prime sponsors to allow subareas to assist in the planning and delivery of services within their respective jurisdictions. Authorizes the Secretary of Labor to act as a prime sponsor for an area under any of the employment and training programs when there is no other prime sponsor for an area or when services are not being provided to an area due to a complaint about the prime sponsor or to disapproval of a comprehensive plan. Revises the procedures for a prime sponsor to become eligible for grants. Requires each prime sponsor to submit a comprehensive employment and training plan consisting of a prime sponsor agreement, annual comprehensive employment and training services program supplements, individual annual program supplements for any additional programs the prime sponsor wishes to conduct, and a single assurance that the prime sponsor will comply with the Act, the regulations, and the comprehensive employment and training plan. Sets forth the information to be included in the agreement and program supplements. Amends provisions regarding review of comprehensive plans and complaints about and sanctions against prime sponsors. Changes the composition and meeting requirements of prime sponsor planning councils and State employment and training councils. Consolidates various assurances presently required to be submitted by prime sponsors and redesignates them as program conditions. Sets out those conditions which are applicable to all programs and those which are applicable to the public service employment programs. Includes among the former a requirement that small and minority businesses be given maximum reasonable opportunity to compete for contracts. Includes among the latter a limitation that no public service employment last more than 78 weeks in a five-year period. Redefines "unemployed" and "underemployed" for purposes of the Act. Permits institutionalized persons to be designated as "underemployed." Defines "economically disadvantaged" for purposes of the Act. Directs that "areas of substantial unemployment" be determined on the basis of a year's rather than a quarter's data. Extends the general authorization for appropriations for activities under CETA. Makes specified changes in the comprehensive employment and training services programs. Restricts eligibility for participation, with certain exceptions, to individuals who are both (1) economically disadvantaged and (2) unemployed, underemployed, or in school. Adds provisions relative to job search assistance. Authorizes prime sponsors to conduct occupational upgrading programs through agreements with public and private employers. Makes eligible for the upgrading program employees of participating employers who are operating at less than their full skill potential, particularly persons in entry level or dead end positions. Authorizes, rather than requires, the Secretary of Labor to provide services to groups of persons with particular labor market disadvantages under the Special Federal Responsibilities title of CETA. Adds as new groups specifically designated as targets of activities under such title handicapped workers, single parents, displaced homemakers, and persons who became unemployed in a loss of jobs areas. Increases the allotment of funds for programs for Native Americans. Directs that programs for migrant and seasonal workers be focused primarily on assistance in preparing for and obtaining more stable employment. Authorizes the Secretary to carry out job search and relocation activities as an ongoing national program. Consolidates the youth employment demonstration programs, the youth summer employment program, and the Job Corps in a separate title. Makes uniform the basic eligibility requirements for all programs except the entitlement project as follows: (1) age 16 through 21 or, if authorized by the Secretary, 14 through 21; (2) economically disadvantaged; and (3) unemployed or in school. Deletes Job Corps provisions relative to background investigations of applicants, oaths of allegiance for members, sex-segregated centers, cost per enrollee limitations, and political activity and discrimination. Places Job Corps property under concurrent Federal-State criminal jurisdiction. Specifies that transactions of private-for-profit operators of Job Corps Centers are not to be considered as generating gross receipts. Changes the name of the National Commission for Manpower Policy to National Commission for Employment and Training Policy. Expands the Commission's membership. Combines the present public service employment programs and emergency unemployment programs into a single new program. Restricts, beginning in fiscal year 1980, public service employment funds to those prime sponsors serving areas with high unemployment unless the national unemployment rate exceeds 4.75 percent. Limits participation in the program to economically disadvantaged persons who have been unemployed for at least five weeks. States that, in determining whether an individual is economically disadvantaged for purposes of the public service employment program, family income for the three, rather than the six, preceding months shall be taken into account. Requires that all public service employment jobs be in entry level positions. Creates a new title designed to place individuals in private sector jobs by providing financial assistance to prime sponsors for private sector initiatives, including on-the-job training and related activities. Directs participating prime sponsors to establish private industry councils to assist in the development of initiative programs.
United States · United States Congress · 21 February 1978
National Science Foundation Authorization Act - Authorizes appropriations for specified activities of the National Science Foundation for fiscal years 1979 and 1980.
United States · United States Congress · 6 February 1978
Social Security Refinancing Act - Amends Title II (Old-Age, Survivors, and Disability Insurance) and XVIII (Medicare) of the Social Security Act, and the Internal Revenue Code to finance the payment of disability insurance benefits and hospital insurance benefits through general tax revenues, rather than through employment and self-employment tax revenues. Reduces employment and self-employment tax rates below the rates established by the Social Security Financing Amendments of 1977.
United States · United States Congress · 1 February 1978
Health Services Extension Act - Amends the Public Health Service Act to authorize appropriations for fiscal year 1979: (1) for grants to State health and mental health authorities to assist in meeting the costs of providing comprehensive public health services; (2) for immunization of children; (3) for the control of diseases borne by rodents; (4) for other disease control programs; (5) for programs for the prevention and control of venereal disease; (6) for testing and counseling, information and education concerning programs relating to genetic diseases; and (7) for lead-based paint poisoning prevention. Establishes a program of grants to the States for hypertension control programs. Authorizes the appropriation of funds for such programs through fiscal year 1979. Amends the Act to extend through fiscal year 1983 the authorization of appropriations: (1) for planning and developing migrant health centers; (2) for operating such centers; (3) for inpatient and outpatient hospital services for migrant workers in high impact areas; (4) for planning and developing community health centers; and (5) for operating community health centers. Amends the Act to authorize appropriations through fiscal year 1981: (1) for hemophilia programs; (2) for blood separation centers; (3) for primary care centers in community hospitals as such hospitals are defined for purposes of this Act; and (4) for establishing, operating and training personnel for home health services as defined in the Social Security Act.
United States · United States Congress · 31 January 1978
Amends the Internal Revenue Code to allow individuals, who are participants in a retirement plan, an income tax deduction for contributions to an individual retirement (IRA) account. Limits such deduction to the amount allowed individuals for contributions to IRA accounts, reduced by the amounts contributed by or on behalf of the individual to the plan in which he is a participant.
United States · United States Congress · 31 January 1978
Authorizes additional expenditures, not to exceed $285,500, by the Senate Select Committee on Small Business for inquiries and investigations.
United States · United States Congress · 19 January 1978
Amends the Internal Revenue Code to exclude from the gross income of an employee, amounts paid or expenses incurred by the employer for educational assistance to the employee. Limits to 25 percent the amount of payments which may be made by such programs to shareholders or owners (or their spouses or dependents), each of whom owns more than five percent of the stock or of the capital or profits interest in the employer.
United States · United States Congress · 15 December 1977
Authorizes a $543,000,000 appropriation for reimbursing States for expenditures made with respect to services provided by such States under specified titles of the Social Security Act. Sets forth procedures and time limitations for making claims for reimbursement and maximums amounts which a State may receive for providing services under the Social Security Act.
United States · United States Congress · 15 December 1977
National Small Business Policy Act - Creates on Advisory Council on Small Business and Free Enterprise in the Executive Office of the President to make recommendations for a policy toward promotion of Small business and economic competition, and to gather and publish information on small businesses. Directs the President to submit an annual "Small Business and Free Enterprise Report" to Congress. Establishes an Executive Coordinating Group on Small Business Policy and Programs.
United States · United States Congress · 15 December 1977
Makes it a Federal crime to kill any employee of the Small Business Administration or any person assisting the Administration or any of its employees.
United States · United States Congress · 15 December 1977
Equal Access to Courts Act - Entitles a party which: (1) prevails in any civil action, including an action for judicial review of agency actions; and (2) is a small business as defined by the Small Business Act or an individual or entity having assets or income below specified amounts to a judgment for costs and an award for attorney fees, witness fees, and necessary studies and reports. Directs an agency to pay costs and fees to a party meeting the criteria of (2) above if such a party: (1) successfully defends the imposition of an agency sanction; (2) successfully opposes the issuance or amendments of certain agency orders; or (3) successfully appeals agency action or is subject to agency action which is appealed or reviewed. Entitles a party partially prevailing against the United States to costs and fees to the extent to which it prevailed. Authorizes, where in the interest of justice, an award of cost and fees to a party which fails to prevail in a civil action instituted by or against the United States.
United States · United States Congress · 4 November 1977
Amends the Securities Act of 1933 to increase the small offering exemption from $500,000 to $2,500,000.
United States · United States Congress · 4 November 1977
Minority Business and Economic Development Act - Establishes within the Small Business Administration a Bureau of Minority Business and Economic Development. Creates the position of Director for the Bureau of Minority Business and Economic Development. Sets forth the functions of the Bureau including the coordination of efforts of other Federal departments, establishment of goals, and implementation of financial and nonfinancial services which may affect minority business enterprises and the collection and dissemination of information useful for the undertaking and promoting of minority businesses. Directs the Bureau to submit an annual report of the activities under this Act to the President and Congress. Authorizes the Office of Advocacy, Small Business Administration, to make recommendations and evaluations in coordination with the Bureau. Establishes the position of Deputy Associate Administrator whose primary responsibility shall be the expediting of financial resources to minority small business concerns by the Small Business Administration. Authorizes to be appropriated for five years such sums as may be necessary to carry out the provisions of this Act.
United States · United States Congress · 31 October 1977
Postpones until December 31, 1978, the effective date of the final regulations developed from proposed regulations published in the Federal Register dated August 25, 1977, relating to acreage limitation provisions of Federal reclamation laws. Allows the Secretary of the Interior to approve voluntary sales of excess lands in any irrigation district (except in Westlands Water District, California) if the Secretary finds that such sales are in compliance with the proposed regulations. States that the time period of any existing recordable contract will not be affected by this resolution, except for those which expire during the period which begins on the date of enactment of this Act and ends December 31, 1978, which would be granted an additional six months.
United States · United States Congress · 28 October 1977
Small Business Procurement Expansion and Simplification Act - Title I: Small Business Procurement Expansion - Amends the Small Business Act to direct each department or agency of the Federal government to establish goals for the participation of small business concerns in procurement contracts involving values of $10,000 or more. States that procurement contracts which involve $10,000 or less shall be reserved exclusively for small business concerns unless the contracting officer is unable to obtain offers from two or more small business concerns that are competitive in terms of price, quality, and delivery of the goods or services being purchased. Encourages the use of small business subcontractors in negotiated procurement contracts. Title II: Small Business Procurement Simplification - Authorizes and directs the Administrator of the Office of Federal Procurement Policy to promulgate a single simplified uniform Federal regulation implementing the policies and procedures in this Act. Simplifies Government contracting procedures with respect to small business. Establishes Government contract arbitration panels within the Small Business Administration to facilitate the resolution of disputes between any small business concern and any Federal agency having procurement authority.
United States · United States Congress · 19 October 1977
Amends the Internal Revenue Code to increase the limitations on charitable deductions and investment tax credits taken by cooperative corporations. Allows cooperatives to allocate their investment tax credits among their patrons.
United States · United States Congress · 3 October 1977
Designates the South Portal Federal Office Building of the United States Department of Health, Education, and Welfare at 200 Independence Avenue Southwest, Washington, D. C., as the "Hubert H. Humphrey Building."
United States · United States Congress · 1 October 1977
Expresses Congressional objection to the site of seven airborne early warning aircraft to Iran, proposed by the President on September 7, 1977.
United States · United States Congress · 29 September 1977
Investment Company Development Act - Amends the Small Business Investment Act of 1958 to set the interest rate on loans guaranteed by the Small Business Administration (SBA) to small business investment companies at three percent per annum. Authorizes the Small Business Administration to guarantee up to 75 percent of the funds advanced by small business investment companies to start small business concerns. Limits such guarantees to not more than 25 percent of the private paid-in capital of the small business investment company. Makes the Associate Administrator for investment of the SBA responsible for the administration of the small business investment program and removes any other duties. Permits small business investment companies to recognize, for accounting purposes, specified non-cash gains and the proceeds from the issuance of capital notes when such notes have a maturity of at least ten years.
United States · United States Congress · 29 September 1977
Minority Enterprise Venture Capital Act - Amends the Small Business Investment Act of 1958 to change the title of the Associate Administrator for Finance and Investment of the Small Business Administration to that of Associate Administrator for Investment. Sets the interest rate payable on debentures purchased by the Small Business Administration at three percent per annum and the dividend rate on preferred securities purchased by the Administration at three percent per annum. Limits the amount of preferred securities that the Administration can purchase from specified small business investment companies. Requires that any small business investment company authorized by the Small Business Investment Act of 1958 after December 31, 1977, have not less than $500,000 of private paid-in capital and surplus.
United States · United States Congress · 27 September 1977
Declares that the President should establish a Commission on Domestic and International Hunger and Malnutrition which should: (1) collect and generate information and resources on food, hunger, malnutrition and related concerns; (2) assess current programs affecting domestic and international hunger and malnutrition; (3) analyze and report its findings and recommendations to the President, the Congress, and the public; and (4) assist the President and the Congress in implementing its recommendations.
United States · United States Congress · 27 September 1977
Amends Senate Resolution 140, Ninety-fifth Congress, to increase to $4,500 the amount which may be expended by the Senate Select Committee on Small Business for the procurement of consultant services.
United States · United States Congress · 26 September 1977
Tuition Tax Credit Act - Amends the Internal Revenue Code to allow a credit against an individual's income tax in an amount equal to 50 percent of the sum of the amounts paid by him to educational institutions as tuition (though no more than $500 for any single individual) for the attendance of the taxpayer, the taxpayer's spouse, or any of his dependents with respect to whom he is entitled to a personal exemption.
United States · United States Congress · 23 September 1977
Franchise Practices Act - Requires a franchisor to notify a franchisee at least 90 days in advance of the franchisor's intention to terminate the franchise, and to state the reasons for termination. Prohibits a franchisor from cancelling a franchise or failing to renew a franchise unless the franchisor is affecting a market area withdrawal or the franchisor has good cause for failure to renew and has given proper notice. Makes any franchisor who has violated the requirements of this Act civilly liable to the aggrieved franchisee.
United States · United States Congress · 14 September 1977
Economic Opportunity Amendments - Extends the authorization for appropriations for the following programs under the Economic Opportunity Act: (1) demonstration community partnership agreements, (2) rural and urban community action programs, (3) special programs to combat rural poverty, (4) Headstart and Follow Through, (5) Community economic development, (6) Native American projects, (7) research and demonstration projects, and (9) evaluation programs. Extends the authorization for appropriations administration and coordination of programs under such Act. Sets a minimum size of 15 members for community action agencies and changes the maximum length of service for community representatives on community action boards from six to seven years. Provides for direct community action sponsorship of summer youth recreation program. Sets a permanent Federal/non-Federal funding ratio of 80/20 for community action agencies. Revises administrative authority within the Community Services Administration. Phases out the National Advisory Council. Abolishes the Intergovernmental Advisory Council on Community Services. Authorizes the making or guaranteeing of loans to Community Action Agencies and eligible community-based organizations for business, housing, and community development projects. Repeals authorization for an environmental action program, day care projects, and specified other activities under the Economic Opportunity Act. Revokes authorization for assistance under the Emergency Conservation Service's program for winterization of old or substandard dwellings, improved space conditioning, and insulation.
United States · United States Congress · 7 September 1977
Amends the National Trails System Act of 1968 to re-establish the advisory council on the Appalachian National Scenic Trail, to limit such council's existence to ten years, and to reduce the term of council members from five to two years. Increases the limitations on acreage which may be acquired for rights-of-way and by condemnation proceedings along the Appalachian Trail without the consent of the owner from 25 acres in any one mile to at least 25 acres but not more than 125 acres within any one mile. Increases from $5,000,000 to $89,000,000 the authorization of appropriations for acquisition of lands for the Appalachian National Scenic Trail.
United States · United States Congress · 1 August 1977
Regulatory Flexibility Act - Requires Federal agencies to: (1) assess the costs of private information collection and compliance which are or would be imposed by existing or proposed agency rules; (2) compare such impositions with the importance of the public policy achieved or to be achieved by such rules; and (3) determine whether such rules should apply to the same extent to individuals, and organizations of various sizes and resources. Requires, in the event that it is determined that such proposed rules, will have a substantial effect on any significant number of small businesses, that such rules be submitted to the Office of Advocacy of the Small Business Administration. Requires such Office to comment on the impact of such proposed rules on smaller enterprises. Requires such comments to be made public and available to Federal personnel responsible for reviewing such rules. Directs that proposed rules be issued in two or more parts when the analysis of such rules indicates the desirability of applying varying requirements for performance or reporting depending on the resources of the organization or individual required to comply with such rules.
United States · United States Congress · 1 August 1977
Amends the Arms Export Control Act to extend the period of time and to revise the method for computing the period of time during which Congress may object to a proposed sale under such Act.
United States · United States Congress · 1 August 1977
Amends Title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act to require States having agreements for coverage of their employees under the system of insurance established by such Title to make payments and reports on a calendar-quarter basis.
United States · United States Congress · 21 July 1977
Social Security Financing, Benefit Indexing, and Equal Rights Amendments - Title I: Provisions to Improve the Financing of the Old-Age, Survivors, and Disability Insurance Programs - Social Security Financing Amendments - Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to direct the Secretary of the Treasury, for years in which the unemployment rate has exceeded six percent, to transfer from the General Fund of the Treasury to: (1) the Federal Old-Age and Survivors Insurance Trust Fund; (2) the Federal Disability Insurance Trust Fund; and (3) the Federal Hospital Insurance Trust Fund, an amount computed in accordance with a formula set forth in this Act, and apportioned among such Funds in accordance with this Act. Increases to $23,400 and $37,500 for calendar years 1979 and 1980 respectively, the level of wages to which the employer excise tax for purposes of Title II and railroad retirement will be applied. Sets forth increases in specified amounts of such contribution and benefit base in calendar years 1979, 1981, 1983, and 1985. Amends the Internal Revenue Code of 1954 to increase the rate of tax on wages receive by employees and paid by employers, and on the earnings of the self employed for the purposes of Title II, and of the hospital insurance program of Title XVIII (Medicare) of the Social Security Act. Increases, to specified levels, the allocations of wages and self-employment income from the Treasury to the Federal Disability Insurance Trust Fund in accordance with Title II of the Social Security Act. Title II: Stabilization of Income Replacement Rates in the Old-Age, Survivors, and Disability Insurance Programs - Social Security Benefit Indexing Amendments - Sets forth a new formula for the computation of the primary insurance amount of an individual who becomes eligible for old age insurance benefits or disability insurance benefits under Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act after January, 1979. Provides that the minimum monthly insurance benefit under such new formula shall be $120.60. Establishes a method for determining annually the portion of a individual's average indexed monthly earnings upon which an individual's primary insurance amount is based. Bases such determination on a comparison of the average of the wages of all employees for the second calendar year preceding the calendar year for which the determination is made with the wages of all employees for the calendar year 1977. Provides for the recomputation of the benefit amounts of current beneficiaries to assure that no individual receives less under the current method of computing benefit amounts than the amount he would receive under this Act. Requires that, in determining the amount on which an individual's primary insurance amount will be based, the paid in wages of a worker and self employment income be indexed to reflect the changes in such wages and income between the year in which such individual became eligible for benefits and each year in which the worker had earnings. Sets forth a formula to be used in indexing a individual's earning. Establishes new maximum limits on the amount of benefits which a individual may receive. Title III: Elimination of Gender-Based Differences in Statutory Provisions of the Old-Age, Survivors, and Disability Insurance Program - Social Security Equal Rights Amendments - Amends Title II to eliminate gender-based distinctions in awarding benefits under such Title. Equalizes treatment of fathers, husbands, divorced husbands, surviving divorced husband and widowers with the treatment of their female counterparts under the Old-Age, Survivors, and Disability Insurance Program. Sets forth conditions for determining whether a spouse is dependent for the purposed of determining dependency of a spouse.
United States · United States Congress · 12 July 1977
Fair Representation for Small Business Act - Declares the finding of Congress that economic, governmental, and other pressures are mounting on small businesses, that small and medium-sized businesses should be taken into account when Federal agencies formulate policy, and such businesses are essential to the health and well-being of the Nation's economy. Requires, under the Federal Advisory Committee Act, that all advisory bodies of the Federal Government which are concerned with matters affecting the economy or business must contain a fair representation of the small business sector of the economy.
United States · United States Congress · 12 July 1977
Requires the head of each Executive agency to designate at least one employee in such agency to act as liaison with the small and independent business community and the Small Business Administration Office of Advocacy, and to conduct an analysis of the differential effects of agency policies on new- and medium-sized independent business.
United States · United States Congress · 11 July 1977
Establishes the George W. Norris Home National Historic Site in the State of Nebraska.
United States · United States Congress · 30 June 1977
Small Business Venture Capital Act - Title I: Amendments of the Small Business Investment Act of 1958 - States that the interest rate on loans guaranteed by the Small Business Administration (SBA) to small business investment companies shall be three percent per annum. Authorizes the Small Business Administration to guarantee up to 75 percent of the funds advanced by small business investment companies to start small business concerns. Limits such guarantees to not more than 25 percent of the private paid-in capital of the small business investment company. Makes the Associate Administrator for Investment of the SBA responsible for the administration of the small business investment program and removes any other duties. Permits small business investment companies to recognize, for accounting purposes, specified non-cash gains and the proceeds from the issuance of capital notes when such notes have a maturity of at least ten years. Title II: Amendments of Securities Acts - Amends the Securities Act of 1933 to permit the issuance of securities without registration if the issuance qualifies as a limited offering as defined by this Act. Permits the sale of restricted securities without registration provided; (1) the issuer is a reporting company under the Securities Exchange Act of 1954; (2) the securities are fully paid for and held for a minimum of two years before a sale; and (3) not more than one percent of the outstanding securities of the issuer of the same class is sold in any three month period. Increases the small offering exemption from $500,000 to $3,000,000. Amends the Investment Company Act to add small business investment companies to the classes of persons excepted from the definition of "investment company" under such Act. Title III: Amendment of the Employee Retirement Income Security Act of 1974 - Amends the Employee Retirement Income Security Act to provide that the prudence requirement under such Act is not violated solely because an investment may be in a venture capital organization or in a small business, provided investments of this nature do not exceed in value two percent of the market value of all assets in a defined benefit plan fund. Title IV: Amendments of the Internal Revenue Code of 1954 - Sets forth a six-step corporate tax rate structure with a tax of eight percent on net income not exceeding $30,000, increasing the tax rate at eight point intervals for each additional $30,000, and a maximum rate of 48% applying to net income of $150,000, or more. States that the gain from the sale of an interest in a small concern qualifies as a non-taxable exchange provided such gain is reinvested within two years of the sale in another eligible small concern. Makes changes with respect to the computation of depreciation. Repeals the amendments pertaining to qualified stock options under section 442 of the Code as enacted by the Tax Reform Act of 1976 and reinstates the former law. Doubles the allowable deduction for any taxable year with respect to the issuance of small business stock. Increases to 25 the allowable number of shareholders of subchapter S corporations. Permits a small business investment company to be a shareholder in such corporations. Eliminates the passive income test pertaining to qualification of such corporations. Permits small business companies to elect to be taxed as regulated investment companies.
United States · United States Congress · 30 June 1977
Reclamation Lands Family Farm Act - Title I: Findings, Purposes, Definitions - States the purpose of this Act and defines terms used herein. Title II: Acreage Limitations and Equivalency - Authorizes the Secretary of the Interior, for purposes of administering the reclamation laws, to change the 160 acre limitation to 160 acres of class one land or its equivalent in lands of lesser productivity, provided that in no case such acreage exceeds 240. Permits each qualified purchaser to purchase 160 additional acres for each dependent. Title III: Excess Lands and Irrigation Rights - States that one year after the date of enactment of this Act water from any reclamation projects may only be delivered to project lands which comprise a family farm or which fall under specified categories. Provides for the disposition of excess reclamation project lands. Title IV: Repayment of Project Costs - Directs the Secretary of the Interior to stipulate in any water right contract that all rates and assessments to be paid by the contracting entity or individual landowners shall be renegotiated every five years. Title V: Leasing of Certain Excess Lands - Authorizes the Secretary to purchase excess lands to be leased to those family farmers unable to purchase lands in reclamation projects and to lease agricultural excess land owned by the Navy at Lemoore Naval Air Station to family farmers. Title VI: Miscellaneous - Adds miscellaneous provisions to this Act including a requirement that explanations of the programs of this Act be freely available to the public.
United States · United States Congress · 28 June 1977
Amends the Internal Revenue Code to exempt amounts paid as State or local taxes on telephone service from the Federal excise tax on telephone service.
United States · United States Congress · 21 June 1977
Small Business Economic Policy and Advocacy Reorganization Act - Title I: Advocacy and Economic Research and Analysis - Amends the Small Business Act to establish the following Associate Administrator positions within the Small Business Administration (SBA): (1) Associate Administrator for Minority Assistance; (2) Associate Administrator for Finance; (3) Associate Administrator for Procurement Assistance; (4) Associate Administrator for Advocacy and Economic Research and Analysis; and (5) Associate Administrator for Investment. Establishes within the SBA the Division of Advocacy, Economic Research and Analysis. Sets forth the functions of the Associate Administrator in charge of such division, including the making of recommendations for policy and program improvements benefitting small business, and the building of a comprehensive small business economic data base. Title II: Declaration of Small Business Investment Policy - Enunciates a national small business economic policy which requires the coordination of planning among Federal departments and agencies in order to propose incentives to help assure that small business needs are met through private sector investments. Title III: Small Business Economic Policy Report - Requires that the President annually assess the capital investment needs of small business and report such findings to Congress. Title IV: Small Business Economic Council - Creates the Small Business Economic Council, headed by the SBA Administrator, with the Secretaries of the Treasury, Commerce, Labor,and Agriculture, and the Chairmen of the Federal Reserve Board, the Securities and Exchange Commission, the Federal Trade Commission, and the Council of Economic Advisers as members. States that the Council shall advise the President on the impact of Federal policies and programs on small business, and work to maximize cooperation between the SBA and other Federal departments and agencies. Title V: Small Business Administrator - Raises the office of Small Business Administrator to executive level I. Title VI: Small Business Credit Information - Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation and other specified bank regulatory agencies to disclose, through quarterly reports, the volume of commercial bank credit extended to commercial and industrial borrowers.
United States · United States Congress · 26 May 1977
Amends the Internal Revenue Code to allow a deduction to any taxpayer engaged in the manufacture, importation, distribution, lease, or sale of any product for contributions to his product liability loss reserve account.
United States · United States Congress · 18 May 1977
Foreign Intelligence Surveillance Act - Requires the Chief Justice of the United States to designate seven district court judges, each of whom shall have jurisdiction to hear applications for and grant orders approving electronic surveillance anywhere within the United States. Requires the Chief Justice to designate three Federal judges to comprise a special court of appeals which shall have jurisdiction to hear an appeal by the United States from the denial of any application. Grants the United States a further right to appeal an affirmance of denial to the Supreme Court. Requires each application for any order approving electronic surveillance for foreign intelligence purposes to be approved by the Attorney General and to include among other information: (1) the identity of the officer making the application; (2) the authority conferred on the applicant by the President and the approval of the Attorney General to make the application; (3) the identity of the subject of the surveillance (4) the fact and circumstances justifying belief that the target of surveillance is a foreign power or an agent of a foreign power; (5) a description of the type of information sought and a certification by one of specified Federal officers that such information is foreign intelligence information that cannot feasibly be obtained by normal investigative techniques; (6) a statement of the period of time for which the surveillance is required, and (7) a statement of procedures to be taken to minimize intrusion into the privacy of United States persons. Directs the judge to enter an ex parte order as requested or as modified approving the electronic surveillance if he finds that the criteria specified have been met. Allows issuance of orders to approve surveillance for 90 days or the period necessary to achieve its purposes, whichever is less. Permits extensions of orders upon application for an extension made in the same manner as required for an original application. Authorizes the Attorney General, upon a reasonable determination that an emergency situation exists, to authorize the emergency employment of electronic surveillance if the appropriate judge is informed by the Attorney General of such authorization at the time it is made and if an application is made as soon as practicable but not more than 24 hours after authorization. Requires, in the absence of a judicial order, that surveillance terminate when the information sought is obtained, when the application for an order is denied, or 24 hours after authorization, whichever is earliest. Requires, when an order to approve the emergency employment of electronic surveillance is not obtained, that the judge serve notice on any United States person subject to surveillance of the fact of the application, the period of surveillance, and the fact that information was or was not obtained. Permits the judge to delay or forego this action on a showing of good cause. Allows information acquired from electronic surveillance conducted pursuant to this Act to be used and disclosed only for designated purposes or for the enforcement of the criminal law. Requires the Attorney General to submit an annual report to the Administrative Office of the United States Courts and to Congress, including the number of applications made for orders and extensions of orders approving electronic surveillance and the number of such orders and extensions granted, modified, and denied.