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Official portrait of Sen. Pressler, Larry [R-SD]

Sen. Pressler, Larry [R-SD]

United States · Official source

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3,244 records where Sen. Pressler, Larry [R-SD] is listed as a sponsor, author, or other actor. Search with topics and years

Bill· SS. 2108 (97th)referred

A bill to amend the Railroad Revitalization and Regulatory Reform Act of 1976.

United States · United States Congress · 11 February 1982

Amends the Railroad Revitalization and Regulatory Reform Act of 1976 to extend from FY 1982 through FY 1985 the rehabilitation and improvement financing available to rail lines through redeemable preference shares and fund anticipation notes.

Bill· SS. 2094 (97th)open

Reciprocal Trade and Investment Act of 1982

United States · United States Congress · 10 February 1982

Reciprocal Trade and Investment Act of 1982 - Amends the Trade Act of 1974 to direct the United States Trade Representative (USTR) to submit to the President an annual study of the practices of each designated major trading country that: (1) deny benefits to the United States under a trade agreement; or (2) deny to the United States substantially equivalent commercial opportunities with respect to U.S. products that are internationally competitive. Directs the President to submit such study to the appropriate congressional committees and to propose actions to redress any imbalance caused by such practices. Directs Federal agencies to furnish information and other assistance to carry out such study. Adds to the findings upon which the President can base U.S. responses to foreign trade practices. Directs the President to act upon finding that a foreign practice denies to the United States commercial opportunities substantially equivalent to those offered by the United States. Authorizes the President to take action against the foreign entity's investments. (Current law limits the President to taking action against the foreign entity's products or services.) Requires the President to take into account U.S. trade agreement obligations in determining whether to take any action to enforce U.S. trade rights or respond to a foreign trade practice. Includes foreign direct investment by U.S. citizens or nationals within the definition of commerce and commercial opportunites. Authorizes the House Ways and Means Committee or the Senate Finance Committee to file a resolution with the USTR requesting the President to take action to enforce U.S. trade rights or respond to foreign trade practices. Directs the USTR to consult with the International Trade Commission (ITC) on: (1) the economic impact of the USTR's legislative recommendations; and (2) the foreign practices which caused the USTR to investigate. (Current law authorizes the USTR to consult with the ITC on the economic impact of proposed action with respect to the foreign product or service.) Directs the USTR to make preliminary recommendations to the House Ways and Means Committee and the Senate Finance Committee on the options the President is considering if dispute settlement procedures fail. Requires such recommendations to be made within 180 days of a finding that presidential action is needed to enforce U.S. trade rights or to respond to a foreign trade practice. Directs the President to negotiate international agreements to end restrictions on foreign direct investment. Includes restrictions on foreign direct investment among the barriers to international trade that may authorize the President to enter trade agreements.

Bill· SS. 2080 (97th)referred

Federal Election Campaign Equal and Total Disclosure Act

United States · United States Congress · 9 February 1982

Federal Election Campaign Equal and Total Disclosure Act - Amends the Federal Election Campaign Act of 1971 to include all persons, committees, and organizations within such Act's coverage. Provides penalties for using information disclosed under such Act to threaten or harass another person.

Bill· SS. 2071 (97th)open

Reciprocal Trade, Services, and Investment Act of 1982

United States · United States Congress · 4 February 1982

Reciprocal Trade, Services and Investment Act of 1982 - Amends the Trade Act of 1974 to include foreign restrictions on direct investments by U.S. citizens or nationals among the foreign trade restrictions on U.S. commerce that would trigger a U.S. response. Authorizes the President to take action to establish or further the principles of national treatment or reciprocal market access with respect to U.S. goods, U.S. services, and foreign direct investment by U.S. nationals or citizens. Authorizes the President to: (1) enter into bilateral or multilateral negotiations to further such principles; (2) adjust Government procurement policies to provide for procurement from nations that provide reciprocal market access to comparable U.S. producers; (3) instruct the U.S. directors of the International Bank for Reconstruction and Development (World Bank) and the International Monetary Fund to vote against aid to countries that do not adhere generally to principles of national treatment and market access; (4) request Federal regulatory agencies to consider a country's adherence to such principles in making decisions or taking actions with respect to applications or requests of such country; or (5) propose legislation which would impose equivalent restrictions within the United States on goods and services from countries that do not adhere to such principles. Authorizes the President to take any other appropriate action to enforce U.S. trade rights, respond to discriminatory trade practices, or further principles of national treatment or reciprocal market access. Changes the definition of commerce for purposes of U.S. trade agreement enforcement rights. Includes within that definition foreign direct investment by U.S. citizens or nationals. Defines national treatment for such purposes as the treatment by a government of foreign investment or foreign establishments operating within its borders in the same way as a domestic investment or comparable domestic establishments. Authorizes the House Ways and Means Committee or the Senate Finance Committee to file a resolution with the U.S. Trade Representative (USTR) requesting the President to take action to enforce U.S. trade rights, respond to discriminatory trade practices, or further principles of national treatment or reciprocal market access. Provides that consultations need not take place between the USTR and a foreign country after beginning an investigation into complaints concerning such country's national treatment or market reciprocity policies. (Current law requires such consultations when the United States is investigating complaints about U.S. trade agreement rights or foreign discriminatory trade practices.) Requires the USTR to recommend to the President a course of action within one month of the start of an investigation of complaints concerning national treatment or reciprocity. Directs the President to make recommendations to Congress within 120 days of starting an investigation into complaints concerning national treatment and market reciprocity. Authorizes the President to negotiate international agreements on restrictions on foreign direct investment.

Bill· SS. 2057 (97th)referred

A bill to amend title 49, United States Code.

United States · United States Congress · 3 February 1982

Amends the Interstate Commerce Act to direct the Interstate Commerce Commission to authorize a motor common carrier of property to provide single-line service between points in the United States and points in Canada or Mexico under specified conditions. Prohibits the Commission from authorizing freight transportation in interstate or foreign commerce by persons domiciled in Canada or Mexico if either of their governments prohibits U.S. domiciliaries from transporting freight within Canada or Mexico on substantially the same licensing standards as apply to freight transportation by their own nationals.

Bill· SS. 2051 (97th)open

A bill to amend the Internal Revenue Code of 1954 to deny the deduction for amounts paid or incurred for certain advertisements carried by certain foreign broadcasting undertakings.

United States · United States Congress · 2 February 1982

Amends the Internal Revenue Code to prohibit a business expense deduction for advertisements placed with a foreign broadcast station and directed to a market in the United States if a similar deduction is denied in the country in which such station is located for an advertisement placed with a U.S. broadcast station and directed to a market in that country.

Bill· SS. 2012 (97th)open

A bill to amend the Internal Revenue Code of 1954 to limit the deduction of living expenses by Members of Congress and to eliminate the provision which allows such deduction without substantiation of such expense.

United States · United States Congress · 25 January 1982

Amends the Internal Revenue Code to limit to $3,000 the amount of living expenses which Members of Congress may deduct from their incomes. Repeals the provision allowing such tax deduction without substantiation.

Bill· SS. 1992 (97th)open

Voting Rights Act Amendments of 1982

United States · United States Congress · 16 December 1981

Amends the Voting Rights Act of 1965 to extend from August 6, 1982, to August 6, 1984, the current preclearance requirements (under which jurisdictions covered through the triggering mechanism must submit proposed electoral changes to the Department of Justice). Establishes a new standard for jurisdictions to "bail-out" of these requirements effective August 6, 1984. Permits political subdivisions of covered States to bail-out independently of the State. Conditions a declaratory judgment for bail-out on the jurisdiction's showing that it and all its political subdivisions have met the bail-out requirements for a ten-year period prior to the filing of the suit. Includes among the requirements for bail-out that: (1) no test or device has been used to discriminate on account of race, color, or language; (2) no actions alleging voting discrimination are pending or have gone to final judgment; (3) no Federal examiner has served in the jurisdiction seeking bail-out; (4) the jurisdiction and all its subdivisions have complied with the preclearance requirements; and (5) the jurisdiction and its subdivisions have taken affirmative steps to protect voting rights. Stipulates that lawsuits filed during pendency of the bail-out litigation will not bar bail-out. Subjects the jurisdiction to the preclearance requirements if any such lawsuit alleging voting violations is successful after bail-out. Restates the prohibition against voting discrimination to include as a violation conduct which has the effect of discrimination. Stipulates that the failure of a minority to be proportionately represented does not itself constitute a violation. Extends the bilingual election requirements from August 6, 1985, to August 6, 1992. Declares that nothing in the Voting Rights Act shall be construed to permit assistance within the voting booth, unless the voter is blind or physically incapacitated.

Bill· SS. 2000 (97th)open

Bankruptcy Improvements Act of 1982

United States · United States Congress · 16 December 1981

Bankruptcy Improvements Act of 1981 - Amends title 11 (Bankruptcy) of the United States Code to establish an eligibility test for liquidation bankruptcy relief based on the individual petitioner's inability to pay a reasonable portion of his debts out of future income. Permits the court to dismiss a bankruptcy case upon the motion of any party in interest filed prior to the conclusion of the meeting of creditors, and after notice and a hearing, if the debtor is ineligible for relief under such title because he is able to pay a reasonable portion of his debts out of future income. Requires the bankruptcy judge to preside at any meeting of creditors and to perform such additional judicial duties as may be required. Declares that the value of the creditor's interest in the estate's interest in consumer goods property shall be determined in light of the purpose of the valuation and of the proposed disposition or use of such property, and in conjunction with any hearing on such disposition or use or on a plan affecting such creditor's interest. Declares that the value of consumer goods which the debtor seeks to redeem in liquidation shall be presumed to be the established resale market price, if such market exists. Requires the debtor in bankruptcy cases to file a statement of estimated income and expenses for the year following filing of his petition. Requires the debtor, if the debtor's schedule of assets and liabilities includes consumer debts which are secured by property of the estate, to file and serve upon each creditor holding such security and the trustee, a statement expressing the debtor's intention with respect to retention or surrender of the collateral. Requires the debtor, at or before the meeting of creditors provided for by such title, to perform his intention with regard to such secured creditors. Repeals the provisions concerning exempt property and makes the States responsible for establishing exemptions to bankruptcy proceedings. Presumes nondischargeable any debt which was incurred on or within 45 days before the date of the filing of a petition under such title nondischargeable. Allows for rebuttal of such presumption. Allows creditors to enforce liens which have not been voided in bankruptcy. Permits reaffirmation of consumer debts subject to the debtor's right to rescind any such agreement within 60 days or until a discharge is received, whichever occurs later, by giving a written notice of rescission to the creditor. Declares that at the meeting of creditors the court shall inform the debtor of the nature and effect of a discharge and of any reaffirmation of debt. Limits the trustee's power to avoid liens or recover payments made within 90 days of the filing of the petition in bankruptcy (within one year in the case of an insider) unless the creditor had reasonable cause to believe the debtor was insolvent. Permits the court, upon notice and hearing, to require a creditor to accept payments in redemption of the value of a claim secured by a nonpossessory, nonpurchase money security interest in tangible personal property, over a reasonable period not to exceed five years, if such tangible personal property consists of specified objects. Allows a creditor, upon 10 days notice to the debtor and codebtor, to collect any portion of a debt from the codebtor which is not being paid by the debtor through the adjustment of debts of such debtor with a regular income. Requires payments under an adjustment of debts payment plan to commence within thirty days after the filing of the plan. Provides for the return of such funds after deducting the costs of administration if no plan is confirmed. Provides for the separate classification of co-debtor claims and non-dischargeable claims and authorizes payment of them under an adjustment of debts payment plan. Allows a debtor to choose such a repayment plan of up to five years. Bases such repayment upon the debtor's ability to repay out of future income after taking into account the basic living necessities for the debtor and dependents. Provides for an early discharge of debts where a reasonable portion of unsecured claims are paid. Permits a hardship discharge of otherwise non-dischargeable debts to the extent the debtor attempted to pay such debts under an adjustment of debts payment plan, but was prevented from so doing by unforeseen cirucmstances.

Bill· SS. 1984 (97th)referred

Federal Trade Commission Amendments of 1981

United States · United States Congress · 16 December 1981

Federal Trade Commission Amendments of 1981 - Amends the Federal Trade Commission Act to exempt from the authority of the Federal Trade Commission (FTC) State-regulated professions and their associations. Eliminates FTC authority to compile information concerning or set forth rules applicable to any person, partnership, or corporation which acts in conformance with State law. Requires the FTC to reimburse all reasonable costs, including attorney fees, of persons, partnerships, or corporations complying with information requests. Restricts the authority of the FTC to issue subpoenas. Defines "unfair method of competition" and "unfair or deceptive act or practice", for purposes of the Act, to be an act which causes substantial consumer injury that outweighs its benefits. Eliminates the authority of the FTC to conduct adjudicative proceedings for the purpose of issuing cease and desist orders. Requires the Commission to seek injunctive relief in Federal district court. Repeals the authority of the FTC to award participation costs in rulemaking proceedings.

Bill· SS. 1958 (97th)open

A bill to amend title XVIII of the Social Security Act to provide for coverage of hospice care under the Medicare program.

United States · United States Congress · 15 December 1981

Amends title XVIII (Medicare) of the Social Security Act to permit an individual to elect hospice care, in lieu of certain other benefits, during two periods of 180 days each during the individual's lifetime. Provides for full reimbursement of reasonable costs to a hospice program, subject to a ceiling. Directs the Comptroller General to conduct a study of the hospice reimbursement method. Defines hospice care as including items and services furnished to the terminally ill in their homes, on an outpatient basis, and on a short term inpatient basis.

Resolution· SRESS.Res. 268 (97th)passed

A resolution on the Imposition of Martial Law in Poland.

United States · United States Congress · 15 December 1981

Expresses the sense of the Senate that: (1) Americans want an early, peaceful, and popularly supported resolution of the issues that led to the imposition of martial law in Poland; (2) Americans deplore the imposition of martial law in Poland, the suspension of workers' rights, and the arrests of Solidarity leaders; (3) recent events call into question the suitability of further assistance for Poland: (4) the Polish people have the right to resolve their problems without outside interference; (5) the support of Americans for continued U.S. dealings with Poland's present government will relate to the degree to which that government avoids violence and demonstrates its respect for Solidarity and its commitment to continuing reforms; (6) the President and the Secretary of State should continue to stress this U.S. position; and (7) the Administration should consult with our allies to develop a concerted and sustained response to the threat to the democratization process in Poland.

Resolution· SCONRESS.Con.Res. 53 (97th)referred

A concurrent resolution expressing the sense of the Congress with respect to the policies of the Government of the Soviet Union of anti-Semitism and discrimination against Jewish immigration.

United States · United States Congress · 11 December 1981

Expresses the sense of the Congress that policies of Jewish emigration discrimination and anti-Semitism are morally reprehensible. Urges the President to tell the Soviet Union that the United States opposes these policies and wants emigration restrictions on Soviet Jews removed.

Bill· SS. 1936 (97th)open

A bill to require members of the National Transportation Safety Board to be chosen from individuals with expertise in the fields of accident reconstruction, safety engineering, transportation safety, or transportation regulation.

United States · United States Congress · 10 December 1981

Amends the Independent Safety Board Act of 1974 to direct the President to appoint individuals to the National Transportation Safety Board on the basis of technical qualification, professional standing, and demonstrated knowledge in the fields of accident reconstruction, safety engineering, human factors, transportation safety, or transportation regulation.

Bill· SS. 1931 (97th)open

A bill to amend title 5, United States Code, to entitle Civil Air Patrol cadets eighteen years of age and older to compensation available to Civil Air Patrol senior members in event of disability or death, and to increase the level of compensation available to both.

United States · United States Congress · 10 December 1981

Entitles Civil Air Patrol Cadets 18 years of age or older to the same compensation for disability or death which is available to Civil Air Patrol senior members. Increases the amount of such compensation available to both.

Bill· SJRESS.J.Res. 135 (97th)referred

A joint resolution expressing the sense of the Congress that the Government of the Soviet Union should recognize the rights of its citizens to practice their religion and to emigrate, and that these matters should be among the issues raised at the 38th meeting of the United Nations Commission on Human Rights at Geneva in February, 1982.

United States · United States Congress · 10 December 1981

Expresses the sense of the Congress that the President should instruct the U.S. delegation to the February meeting of the United Nations Commission on Human Rights to tell the Commission that the Soviet Union should stop harassing Soviet Jews and should allow its citizens to practice their religion and to emigrate. Urges the Soviet Union to comply with its human rights obligations. Urges the President to: (1) express to the Soviet Union U.S. opposition to harassment of Soviet citizens and to prohibitions of emigration; and (2) reiterate that the United States will consider the extent to which other nations honor their commitments under international law when evaluating its relations with such nations.

Resolution· SCONRESS.Con.Res. 52 (97th)referred

A concurrent resolution expressing the sense of the Congress that members of the National Guard of the United States and the Reserve forces of the Armed Forces of the United States deserve public recognition for their vital contribution to our national defense and that members of these forces need the support and cooperation of their civilian employers in order to train and remain ready to respond to national emergencies.

United States · United States Congress · 8 December 1981

Expresses the sense of Congress that members of the National Guard and Reserve should be granted time off from their jobs for military training, exclusive of earned vacation, and given equal consideration for job benefits and promotions as other employees.

Resolution· SRESS.Res. 251 (97th)referred

A resolution to stop the practice of over-reliance on continuing resolutions.

United States · United States Congress · 3 December 1981

Expresses the sense of the Senate that the Congress not take a recess after October 1 of any fiscal year, exceeding two days, unless congressional action is complete on all general appropriations measures for that fiscal year.

Bill· SS. 1889 (97th)open

United States Academy of Peace Act

United States · United States Congress · 24 November 1981

United States Academy of Peace Act - Establishes the United States Academy of Peace as an independent nonprofit corporation. Sets forth the powers and duties of the Academy, including establishment of an Endowment of the United States Academy of Peace. Authorizes the Academy to establish: (1) a Center for International Peace; and (2) a United States Medal of Peace and other medals or honors. Subjects the Academy to specified freedom of information requirements. Provides that, with certain exceptions, the Academy shall not be considered a department, agency, or instrumentality of the Government. Prohibits the use of any political test or political qualification with respect to personnel actions of the Academy or financial assistance by the Academy. Authorizes appropriations in a specified amount for an Academy buildings and grounds capitalization fund. Authorizes appropriations in specified amounts for fiscal years 1983 and 1984 for Academy programs and administration.

Bill· SS. 1881 (97th)open

A bill to provide for the issuance of a commemorative stamp to honor the dedication of the Vietnam Veterans Memorial.

United States · United States Congress · 20 November 1981

Directs the United States Postal Service to issue a commemorative postage stamp to honor the dedication of the Vietnam Veterans Memorial. Provides that such stamp shall be issued in the denomination applicable to first-class mail up to one ounce in weight. Directs that such stamp shall be issued on November 11, 1982.

Bill· SS. 1879 (97th)open

Milwaukee Railroad and Rock Island Railroad Amendments Act

United States · United States Congress · 20 November 1981

Milwaukee Railroad and Rock Island Railroad Amendments Act - Amends the Milwaukee Railroad Restructuring Act to define a "financially responsible person" as one who is capable of paying the purchase price of a railroad line proposed to be acquired and is able to cover the cost of providing service over the line for at least two years. Revises procedures by which the Interstate Commerce Commission (ICC) oversees the purchase of bankrupt rail lines by such financially responsible persons. Amends the Rock Island Railroad Transition and Employee Assistance Act to declare that the ICC's authority to grant temporary operating approval for the use of Rock Island or Milwaukee Railroad facilities shall continue until a plan of reorganization or liquidation is approved by the ICC and the bankruptcy court.

Bill· SS. 1852 (97th)open

A bill to amend the Export-Import Bank Act of 1945 to provide for the extension of credit for agricultural commodities.

United States · United States Congress · 16 November 1981

Amends the Export-Import Bank Act of 1945 to provide for the extension of an export financing credit for agricultural commodities. Sets a formula for determining the amount of the credit extension for each fiscal year. Makes provisions for the credit inapplicable for fiscal years in which: (1) the demand for such credit is less than a specified ratio; or (2) the level of agricultural exports will be adequate without the credit.

Resolution· SCONRESS.Con.Res. 47 (97th)open

A concurrent resolution expressing the sense of the Congress with respect to the imprisonment and treatment by the Government of the Soviet Union of Alexander Paritsky and his family.

United States · United States Congress · 10 November 1981

Expresses the sense of the Congress that the President should: (1) express U.S. opposition to the imprisonment of Alexander Paritsky; (2) urge the Soviet Union to release him from prison, to stop harassing him and his family, and to permit him and his family to emigrate; and (3) inform the Soviet Union that the United States will consider the extent to which countries honor their commitments under international law when evaluating U.S. relations with such countries.

Resolution· SCONRESS.Con.Res. 46 (97th)passed

A concurrent resolution expressing the sense of the Congress with regard to the mutual security efforts of the United States and Japan.

United States · United States Congress · 9 November 1981

Expresses the sense of the Congress that: (1) the United States and Japan should exert maximum efforts to resist Soviet challenges to Asia; (2) Japan should make a greater contribution to its own defense; and (3) Japan's defense expenditures should be at least one percent of its gross national product.

Law· SS. 1808 (97th)enacted

A bill to authorize an Under Secretary of Commerce for Economic Affairs.

United States · United States Congress · 4 November 1981

Establishes the position of Under Secretary of Commerce for Economic Affairs in the Department of Commerce. Declares that the Under Secretary shall be appointed by the President with the Senate's approval. Eliminates one of the positions of Assistant Secretary of Commerce.

Resolution· SRESS.Res. 231 (97th)open

A resolution regarding the management of U.S. assets.

United States · United States Congress · 20 October 1981

Declares that it is the sense of the Congress that: (1) the United States must manage its assets in a manner more prudent and beneficial to the interests of the American people; (2) all executive branch agencies should inventory their assets, estimate the approximate value of each asset, and identify the uses to which each asset is put; (3) the President should then identify which assets are surplus to Federal needs and should be candidates for liquidation; (4) the President should submit recommendations to Congress on any legislative and administrative revisions that may be needed to carry out such a program of liquidation in an orderly manner; (5) the receipts of this program should be used only to restrain and ultimately reduce the national debt; and (6) the Comptroller General should investigate and recommend to Congress and each agency improved processes for managing Federal assets, estimating their value, and liquidating those which are unneeded.

Resolution· SRESS.Res. 227 (97th)referred

A resolution expressing the sense of the Senate that the United States should take certain actions to assist Israel in the event that the United States provides AWACS to Saudi Arabia.

United States · United States Congress · 7 October 1981

Expresses the sense of the Senate that, if the United States decides to sell AWACS to Saudi Arabia, the United States shall help Israel procure and finance any additional radar and communications jamming equipment needed to protect Israel against any new threat posed by Saudi AWACS.

Resolution· SCONRESS.Con.Res. 37 (97th)open

A concurrent resolution disapproving the proposed sales to Saudi Arabia of E-3A Airborne Warning and Control System (AWACS) aircraft, conformal fuel tanks for F-15 aircraft, AIM-9L Sidewinder missiles, and Boeing 707 aerial refueling aircraft.

United States · United States Congress · 1 October 1981

Expresses the objection of Congress to the proposed sale to Saudi Arabia of airborne warning and control system (AWACS) aircraft, conformal fuel tanks, AIM- 9L Sidewinder air-to-air missiles, and aerial refueling aircraft.

Law· SS. 1687 (97th)enacted

A bill to make a technical amendment to the International Investment Survey Act of 1976.

United States · United States Congress · 30 September 1981

Amends the International Investment Survey Act of 1976 to require benchmark surveys of foreign direct investment in the United States covering 1980, 1987, and every fifth year thereafter (rather than covering calendar years 1980, 1987, and every fifth calendar year thereafter). Requires such surveys of U.S. direct investment abroad covering 1982, 1989, and every fifth year thereafter (rather than covering those calendar years).

Bill· SS. 1664 (97th)open

A bill to amend title 10, United States Code, to allow supplies under the control of departments and agencies within the Department of Defense to be transferred to the Federal Emergency Management Agency as if it were within the Department of Defense and to amend the Federal Civil Defense Act of 1950 to authorize the Federal Emergency Management Agency to loan to state and local governments property transferred to such agency from other Federal agencies as excess property.

United States · United States Congress · 25 September 1981

Directs any organization or agency within the Department of Defense to make any excess property available to the Federal Emergency Management Agency (FEMA) before making such property available to any other organization outside the Department. States that any transfer of such property to the FEMA requires no reimbursement. Amends the Federal Civil Defense Act of 1950 to authorize the Administrator of the FEMA to loan any property obtained from any Federal agency to State and local governments for civil defense purposes.

Bill· SS. 1657 (97th)open

A bill entitled the "Uniform Science and Technology Research and Development Utilization Act."

United States · United States Congress · 23 September 1981

Title I: Policy - Expresses the need to establish and maintain a uniform Federal policy for the management and use of the results of federally sponsored science and technology research and development. Title II: Implementation - Directs the Secretary of Commerce to coordinate, direct, and review the implementation and administration of this policy through consultation with Federal agencies and departments. Authorizes the Secretary to assist agencies in promoting licensing, utilization, and protection of Federal inventions both here and aboard and to receive fees and royalties. Requires the Secretary to report annually to Congress on these activities, including relevent statistical data and recommendations. Terminates the authority of the Secretary under this Act seven years after enactment. Title III: Allocations of Rights-Government Contractors - Grants each agency title to any invention made under contract with that agency upon certification to the Secretary that the services of the contractor are for the operation of Federal research centers, if necessary to protect intelligence activities, or to further the policy of this Act. Requires Federal agency research contracts to: (1) require periodic written reports on the commercial utilization of the invention; (2) reserve to the United States at least an irrevocable, nonexclusive, nontransferable, paid-up license to make, use, and sell the invention; and (3) employ a single patent rights clause, detailing the time limits and obligations of each party for moving on the invention. Grants the contractor the right to retain title to the invention, subject to the right of the Federal agency to require its commercial utilization through licensing specified terms. Permits an agency to waive its rights if to do so would be in the public interest. Title IV: Miscellaneous - Makes technical and conforming amendments to specified Acts.

Bill· SS. 1656 (97th)open

A bill to amend the Internal Revenue Code of 1954 to clarify certain requirements which apply to mortgage subsidy bonds, and for other purposes.

United States · United States Congress · 23 September 1981

Amends the Internal Revenue Code to revise requirements for the exclusion of interest on mortgage subsidy bonds. Includes as an element of a good faith effort to satisfy such requirements a showing that the issuer of bonds conducts periodic audits and prosecutes any cases of fraud. Provides that an issuer's diligent effort to correct a failure to meet a particular requirement will cure such a failure. Revises the arbitrage requirements to increase the amount by which interest rates on tax-exempt mortgage subsidy bonds may exceed the interest rates on mortgages financed with such bonds. Specifies that issuers are not required to dispose of any investment and realize a loss in order to satisfy arbitrage restrictions. Repeals the registration requirements for bond issues. Revises requirements for residential rental property bond issues relating to the median income level of occupants and the term of the low-income occupancy.

Resolution· SCONRESS.Con.Res. 35 (97th)referred

A concurrent resolution expressing the objection of the Congress to the proposed sale of certain defense articles, together with associated spare parts and equipment and related defense services, to the Kingdom of Saudi Arabia.

United States · United States Congress · 17 September 1981

Expresses the objection of Congress to the proposed sale to Saudi Arabia of airborne warning and control system (AWACS) aircraft, conformal fuel tanks, Sidewinder air-to-air missiles, and aerial refueling aircraft.

Resolution· SRESS.Res. 211 (97th)referred

A resolution calling on the Governors of the Federal Reserve System to encourage banks to make loans available for productive uses while eliminating loans for speculative and unproductive uses.

United States · United States Congress · 15 September 1981

Directs the Board of Governors of the Federal Reserve System to undertake an aggressive campaign designed to encourage banks to: (1) cease providing loans or lines of credit for unproductive and speculative purposes, while increasing the supply of credit available for productive uses; and (2) ensure that thrift institutions, the housing industry, auto dealers, small business, farmers, and home buyers have access to the cheapest possible credit in order to avoid a recession.

Resolution· SRESS.Res. 209 (97th)open

A resolution expressing the sense of the Senate that the President of the United States, the United States Senate, and the Senate Committee on Banking, Housing, and Urban Affairs should pay careful deference to the specific provisions of the Federal Reserve Act, requiring broad regional and economic representation on the Board of Governors of the Federal Reserve System, in their consideration of nominees to the Board.

United States · United States Congress · 11 September 1981

Declares that the President of the United States, the Senate and the Senate Committee on Banking, Housing, and Urban Affairs should assure that the specific provisions of the Federal Reserve Act providing for agricultural, commercial, and broad regional representation on the Board of Governors are followed.