United States · United States Congress · 24 February 1981
Fish Restoration Act of 1981 - Title I: Fish Restoration Program - Directs that Federal moneys apportioned to a coastal State for aid in fish restoration and management be equitably allocated by such a State between marine and fresh water fish projects. Amends the Federal Aid in Sport Fish Restoration Act to: (1) define the term "coastal State" for the purposes of such Act; (2) authorize appropriations in the amount equal to the revenue accruing from taxes relating to sport fishing equipment and certain recreational boats and boating equipment during fiscal year 1982 and each fiscal year thereafter; (3) increase the percentage of the annual appropriation deducted for administrative expenses; (4) eliminate the notification by a State of intent to accept such apportionment funds requirement; (5) authorize the Secretary of the Interior to finance up to 75 percent of the costs of the acquisition of lands or interests therein and the construction of structures or facilities; and (6) permit each State to utilize up to ten percent of its apportionment for an aquatic resource education program. Title II: Tax on Sale of Sport Fishing Equipment and Certain Recreational Boats and Boating Equipment - Amends the Internal Revenue Code to impose a tax on the sale by the manufacturer, producer, or importer of any article of sport fishing equipment, recreational boats, and boating equipment.
United States · United States Congress · 24 February 1981
Union Station Act of 1981 - Amends the National Visitor Center Facilities Act of 1968 to direct the Secretary of the Interior to assign, on or before October 1, 1981, to the Secretary of Transportation all right, title, and interest in certain agreements and leases concerning Union Station, Washington, D. C. Directs the Secretary of Transportation to sublet part of Union Station to the Secretary of the Interior for use as a National Visitor Center and to operate the rest of the station as a rail passenger terminal. Directs the Secretary of Transportation (formerly the Washington Terminal Company) to construct a parking structure in a specified area adjacent to the Union Station Building. Requires the Company to cease construction of a new railroad passenger station in the area beneath and adjacent to such parking structure. Authorizes the Secretary of Transportation to use funds received from operations (including parking) at Union Station to pay certain operating, maintenance, and leasing costs. Waives financial and contractual restrictions on specified funds. Requires that contracts for construction, renovations, or repairs performed under this Act shall be bid competitively on a fixed-price basis. Authorizes the Architect of the Capitol, under the direction of the House Office Building Commission, to enter into a contract with the Secretary to furnish steam from the Capitol Power Plant to Union Station. Directs the Secretaries of Transportation and the Interior to assure that laborers and mechanics working on specified aspects of the Union Station Building be paid wages set in accordance with the Davis-Bacon Act. Limits, to specified sums, funds for alterations and construction under this Act. Directs the Secretaries to transmit final construction plans and the parking enforcement mechanism prescribed by this Act to the appropriate Congressional committees.
United States · United States Congress · 24 February 1981
Amends the joint resolution of October 10, 1980 (requesting the President to designate the week beginning with the third Monday in February 1981 as "National Patriotism Week") to request the President to make such designation annually.
United States · United States Congress · 19 February 1981
Amends the Internal Revenue Code to provide homebuilders with an income tax credit for the construction of residences which incorporate a passive solar energy system. Directs the Secretary of the Treasury, after consultation with the Secretaries of Energy and Housing and Urban Development, to prescribe regulations setting forth a solar construction credit table for purposes of determining the amount of the credit for which the incorporator of the solar energy system is eligible. Limits the dollar amount of such credit to $2,000. Defines "passive solar energy system" as a system which contains a solar collection area, an absorber, a storage mass, a heat distribution method, and heat regulation devices. Requires such system to be installed in a new residence after September 30, 1981 and before January 1, 1987.
United States · United States Congress · 6 February 1981
State Set-aside Act of 1981 - Directs the Secretary of Energy to promulgate regulations establishing a State set-aside system for propane, middle distillates, motor gasoline, residual fuel oil, and aviation fuels Sets State set-aside levels.
United States · United States Congress · 6 February 1981
Vietnam-Era Veterans' Readjustment Amendments of 1981 - Extends the eligibility of Vietnam-era veterans for counseling and related mental health services through September 30, 1983. Permits specified exceptions to such limitation. Excludes alcohol or drug abuse from willful misconduct for purposes of the education benefits delimiting period. Extends such period through September 30, 1983, for veterans pursuing an apprenticeship, vocational objective, or secondary education course. Prohibits the approval of an exclusively flight training program of education under such extension. Extends the veterans readjustment appointment program through September 30, 1983.
United States · United States Congress · 6 February 1981
Prisoners of War Health-Care Benefits Act of 1981 - Authorizes the Administrator of Veterans' Affairs to establish an advisory committee to assess new medical and other information on former prisoners of war (POW's). Requires that such committee include former POW's of World War II, the Korean conflict, and the Vietnam era and individuals who are recognized authorities in certain fields of medicine. Directs the committee to submit a biennial report to the Administrator on its activities. Makes POW's with the disease of psychosis manifest to a degree of ten percent presumably eligible for wartime disability benefits (presently such psychosis must have occurred within two years of separation from service). Entitles POW's of not less than 60 days during World War I, World War II, the Korean conflict, or the Vietnam era eligible for hospital, nursing home, and domiciliary care benefits. Directs the Administrator to prescribe regulations and furnish medical services for any disability on an outpatient or ambulatory basis to such POW's. Includes veterans held in captive status due to the seizure of the United States Embassy in Iran among those veterans eligible for educational assistance.
United States · United States Congress · 6 February 1981
Redesignates the day on which Washington's Birthday is celebrated as February 22. Redesignates the day on which Memorial Day is celebrated as May 30. Redesignates the day on which Columbus Day is celebrated as October 12.
United States · United States Congress · 6 February 1981
Underground Coal Gasification and Unconventional Gas Research, Development, and Demonstration Act - Directs the Secretary of Energy to prepare a comprehensive program management plan for research, development, and demonstration activities for underground coal gasification and unconventional natural gas production. Directs the Secretary to establish such a research and development program. Directs the Secretary to solicit proposals for the design of underground coal gasification and enhanced gas recovery facilities to demonstrate the technical and economic feasibility of producing synthetic and unconventional natural gas. Directs the Secretary to prepare a comprehensive commercialization plan. Requires the Secretary to submit to Congress, as a separate part of the annual report submitted under the Department of Energy Organization Act, an annual report of the activities undertaken pursuant to this Act. Authorizes appropriations.
United States · United States Congress · 6 February 1981
Declares that the Senate approves the President's pay recommendation for fiscal year 1982 for increases in the rates of pay for justices, judges, and other personnel in the judicial branch.
United States · United States Congress · 6 February 1981
Declares that the Senate approves the President's pay recommendation for fiscal year 1982 for increases in the rates of pay for offices and positions under the Executive Schedule.
United States · United States Congress · 6 February 1981
Declares that the Senate approves the President's recommendation for pay increases for fiscal year 1982 for the following positions: (1) the Comptroller General and the Assistant Comptroller General; (2) the General Counsel of the General Accounting Office; (3) the Librarian of Congress and the Deputy Librarian of Congress; (4) the Public Printer and the Deputy Public Printer; and (5) the Architect of the Capitol and the Assistant Architect of the Capitol.
United States · United States Congress · 5 February 1981
Veterans' Automobile Assistance and Adaptive Equipment Amendments of 1981 - Increases the amount of maximum assistance the Administrator of Veterans' Affairs must provide to certain severely service-connected disabled veterans for automobile adaptive equipment. Entitles veterans suffering from ankylosis of one or both knees or hips to adaptive equipment sufficient to overcome such disability to meet State licensure requirements.
United States · United States Congress · 3 February 1981
Pacific Basin Rehabilitation Needs Study Act - Amends the Rehabilitation Act of 1973 to direct the Department of Education's National Institute for Handicapped Research to conduct a study of the mental and physical rehabilitation needs of the Pacific Basin. Requires a report to Congress within one year of enactment of this Act.
United States · United States Congress · 30 January 1981
Veterans Administration Adjudication Procedure and Judicial Review Act - Title I: Adjudication Procedures - Codifies, for Veterans Administration (VA) adjudication purposes, the burden of proof and reasonable doubt standard currently provided for by VA regulation. States that a claimant has the burden of submitting sufficient evidence to justify his or her claim, and that if an approximate balance of positive and negative evidence exists regarding the merits of a claim, the VA is to resolve such doubt in favor of the claimant. Stipulates that VA subpoenas may be served either by personal delivery or by registered or certified mail. Increases the size of the Board of Veterans' Appeals from 50 to 65 members. Requires the chairman of such Board to submit an annual report to the appropriate congressional committees concerning the Board's current handling of cases and projections for the subsequent fiscal year. Requires the Board to: (1) provide notice to a claimant and an opportunity for a hearing before a decision may be based on "additional official information" received after a Board decision has previously been made; (2) provide the claimant with an opportunity for a hearing; and (3) make its decision exclusively on evidence and material of record in the proceeding. Removes the requirement that new material sufficient to allow the Board to reopen a previously disallowed claim be in the form of official reports. Provides that the Board's discretionary authority to reopen a claim will not be diminished by a judicial decision following an appeal as provided for by this Act. Requires the Board to mail to the claimant notice of its decision and the reasons for such decision. Provides that, upon the request of a claimant, the Board shall provide an independent advisory medical opinion when there exists substantial medical disagreements with respect to a material issue in a veterans' appeal. Sets forth new procedural rules for adjudication hearings regarding: (1) oaths affirmations, and witness examination; (2) admissibility of evidence; (3) procedural rights of claimants; (4) disqualification of a hearing officer; (5) the record of the proceedings and the claimants' right to examine and obtain a copy of such record; and (6) the exclusiveness of veterans' adjudication procedures and rights prescribed by the Administrator. Requires the Administrator to provide at each stage of the appeal proceedings written notice to a claimant of procedural rights and procedures. Directs the Administrator to conduct a study of two alternate claims resolution methods, one a new intermediate-level adjudication process, the other an enhanced schedule of formal Appeals Board hearings. Title II: Veterans' Administration Rule Making - Includes the VA's rulemaking procedures under the relevant provisions of the Administrative Procedure Act. Title III: Judicial Review - Provides for judicial review of VA decisions in the Federal court system. States with regard to jurisdiction: (1) that judicial review of a final decision in a claim for benefits may be obtained in a civil action brought within 180 days of the Board's mailing of notice of its decision, and that such action shall be brought in Federal district court; (2) that in cases not directly involving a claim for benefits a civil action otherwise authorized by law shall not be precluded; (3) the definition of final decision; (4) that the judicial review procedures established under this Act shall not apply to insurance and home loans; (5) that the VA shall file the various materials constituting the record in a case together with its answer to the claimant's complaint; and (6) that the court render a decision on the pleadings. States, with regard to the reviewing court's scope of review, that such court: (1) decide questions of law and interpret constitutional, statutory, and regulatory provisions, but that questions of fact (unless unsupported by substantial evidence) will not be subject to a trial de novo; and (2) in reviewing a final decision of the VA which is adverse to a party solely because such party failed to comply with VA procedures, such court may only review questions concerning such procedures. Sets out provisions regarding remand, survival of actions, and appellate review. Title IV: Attorneys' Fees - Authorizes the Administrator to allow attorneys' fees above the present $10 maximum if the appealing party's claim is allowed by the VA after an initial denial. States that such fee shall be the lesser of: (1) the fee agreed upon by the party and attorney; (2) $500, unless the Administrator approves a greater amount; or (3) if the party and attorney have entered into a contingent-fee agreement, not more than 25 percent of the total of any past-due benefits awarded on the basis of such party's claim. Provides for the approval of attorneys' fees, in successful veterans' claims brought before a court, as provided for under this Act. Stipulates that such fees shall be determined by such court, and in contingent-fee agreements such fees shall not exceed 25 percent of the total of any past-due benefits awarded on the basis of such claim. Authorizes attorneys' fees of up to $750 in certain unsuccessful veterans' claims. Prohibits the VA from authorizing payment to a claimant's attorney based on past-due benefits unless such benefits are owed as of the date of the VA's or a court's award. Establishes procedures for the review of the VA's or a court's approval of attorneys' fees. States that in the case of a benefits claim resolved before the VA, either the claimant or the attorney may challenge the award in the Federal district court in which the claimant resides or has his principal place of business within 30 days after notice of the attorneys' award. Provides that all parties be given notice. Stipulates that such provisions regarding attorneys' fees shall only apply to claims for benefits under the laws administered by the VA and shall not apply in cases in which the VA is the plaintiff or in which other attorneys' fees statutes are otherwise controlling. Title V: Effective Dates - States that this Act shall become effective 180 days after enactment. Permits review of Board of Veterans' Appeals decisions rendered on or after January 1, 1977, and prior to the effective date of this Act.
United States · United States Congress · 29 January 1981
Declares that seven members of named families have resided since a certain date in the United States Embassy in Moscow and have been living there in accordance with United States laws. Authorizes the granting of a visa and admission to the United States for permanent residence to each individual. Provides that each individual shall be held and considered to have been lawfully admitted to the United States for permanent residence as of a specified date, and to have been physically present and residing therein continuously since such date.
United States · United States Congress · 27 January 1981
Patent Term Restoration Act of 1981 - Amends the patent law to extend the terms of patents which encompass specified products or a method for using a product, 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 to the owner of record of a patent a certificate of extension stating the fact and length of the extension and identifying the product and the use and the claim to which such extension is applicable. Makes such certificate a part of the original patent. Limits the application of such patent term extension to patents for products subject to regulation under the Federal Food, Drug, and Cosmetic Act, the Public Health Service Act, the Federal Insecticide, Fungicide, and Rodenticide Act, the Toxic Substances Control Act, and the Act of March 4, 1913 (relating to virus, serum, toxin, and analogous products).
United States · United States Congress · 27 January 1981
Authorizes the President to present a gold medal, on behalf of the Congress, to each of the sixty-six United States nationals held hostage in Iran and to one appropriate survivor of each of the eight U.S. servicemen killed during the attempted hostage rescue. Directs the Secretary of the Treasury to strike a gold medal with suitable inscriptions and to coin and sell bronze duplicates of such medals. Authorizes appropriations.
United States · United States Congress · 27 January 1981
National Tourism Policy Act - Title I: National Tourism Policy - Declares that the purpose of this Act is to establish a cooperative effort between the Federal Government, State and local governments, and other concerned public and private organizations to implement a national tourism policy. Title II: United States Travel and Tourism Administration - Establishes, as an independent agency, the United States Travel and Tourism Administration. Sets forth the terms of office, compensation, powers, and duties of the Administrator and Deputy Administrator. Authorizes the Administration to assist Congress and the Federal agencies having policy and programmatic responsibilities affecting tourism. Directs the Administrator, by April 15, 1982, to submit a detailed tourism development plan to specified Congressional committees. Requires each Federal agency, upon the request of the Administrator, to: (1) make its services, personnel, and facilities available to assist the Administration; and (2) furnish the Administration necessary information, suggestions, estimates, and statistics. Prohibits the Administration from providing or arranging for transportation or accommodations in competition with businesses engaged in providing or arranging for such transportation or accommodations. Directs the Administration to submit budget information, legislative recommendations, prepared testimony for congressional hearings, and reports to the President or to the Office of Management and Budget and, concurrently, to Congress. Directs the Administration to submit an annual report to the President for transmittal to Congress. Directs the United States Travel Service to make a specified sum available to the Administration within 30 days of the date of enactment of this Act. Establishes the Travel and Tourism Advisory Board. Sets forth the membership, compensation, and duties of such Board. Directs the United States Travel Service to complete the transfer of its assets, powers, duties, and privileges to the Administration within 180 days after the date of enactment of this Act. Abolishes the United States Travel Service upon completion of such transfer. Title III: Amendments to the International Travel Act - Amends the International Travel Act of 1961 to authorize appropriations through fiscal year 1981 to carry out the purposes of such Act. Authorizes the Secretary of Commerce to provide financial assistance to a region of not less than two States or portions of two States to assist in the implementation of a regional tourism promotional and marketing program. Declares that any such program shall serve as a demonstration project for future program development for regional tourism promotion. Extends until September 30, 1981, the time limit for the reduction in the number of employees of the United States Travel Service. Prohibits the Secretary of Commerce from reducing: (1) the number of United States Travel Service employees in offices in foreign countries to a level below that authorized for fiscal year 1979; and (2) the amount of funds appropriated pursuant to this Act for financing the activities of such foreign offices to a level below that authorized for fiscal year 1980.
United States · United States Congress · 27 January 1981
Reye's Syndrome Act of 1981 - Amends title XI (Genetic Disease, Hemophilia Programs, and Sudden Infant Death Syndrome) of the Public Health Service Act to direct the Secretary of Health and Human Services to establish, through the National Institute of Neurological, Communicative Disorders, and Stroke, the Reye's Syndrome Coordinating Committee. Directs such Committee to: (1) make grants and enter into contracts for clinical research and treatment; and (2) establish mobile research teams. Authorizes appropriations for fiscal years 1982-1984 for such activities. Directs the Secretary to report to Congress within six months following the end of the Committee's authorization.
United States · United States Congress · 27 January 1981
Capital Cost Recovery Act of 1981 - 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. Permits calculation of the investment tax credit for such property without regard to the useful life of the property. 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 a 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 · 27 January 1981
Authorizes the Secretary of Transportation to make grants for the repair of nontoll public roads to meet national energy requirements. Authorizes the Secretary to apportion funds for transportation projects that will alleviate the environmental, social, and economic impact of substantial or increased train traffic to meet such energy requirements. Provides that such projects may include systems management methods, grade crossing separation, and rail and highway relocation. Limits the Federal share of the cost of any such project to 80 percent. Directs the Secretary to establish a formula for the apportionment of funds under this Act. Prohibits any State from receiving less than one-half of one percent or more than 12 percent of the total apportionment under this Act. Authorizes appropriations for such projects for fiscal years 1982 through 1986.
United States · United States Congress · 22 January 1981
Community Home Health Services Act of 1981 - Amends the Public Health Service Act to authorize the Secretary of Health and Human Services to make loans to proprietary entities (in addition to the home health grants now available) for home health programs to meet the initial cost of establishing and operating such programs. Authorizes appropriations for home health programs through fiscal year 1984. Directs the Secretary to submit a report concerning home health programs to the appropriate committees of the Congress. Amends title XVIII (Medicare) of the Social Security Act to: (1) provide that home health services may be furnished by a nonprofit hospital; (2) provide coverage for homemakers services when required; (3) provide coverage for transportation related to home health items and services; and (4) include as a home health service any service furnished as an alternative to institutional care. Amends title XIX (Medicaid) of such Act to require a State plan to include home health services.
United States · United States Congress · 22 January 1981
Constitutional Amendment - Defines "person" to include the unborn for the purpose of the right to life guarantee. Makes such amendment inapplicable to laws permitting medical procedures required to prevent the death of the mother.
United States · United States Congress · 21 January 1981
Criminal Justice Construction Reform Act - Title I: Findings and Definitions - Sets forth definitions and findings. Defines "criminal justice facilities" to include court, law enforcement, juvenile, correctional, and other facilities used for any criminal justice purpose. Title II: Grants for the Construction and Modernization of Criminal Justice Facilities - Authorizes the Administrator of the Criminal Justice Facilities Administration (established under title III) to make grants to States for the construction and modernization of criminal justice facilities during fiscal years 1983 through 1988. Apportions appropriations among States on the basis of population and the volume and expenditure of criminal justice activities. Sets aside another portion of such sums appropriated for demonstration grants to test the applicability of advanced practices on the design, construction, and modernization of facilities. Requires any State desiring to receive such funding to submit a seven- year State plan. Directs the Administrator to operate a criminal justice facilities information clearinghouse. Authorizes the Secretary of the Treasury to pay State and local governments an interest subsidy for criminal facility construction bonds which reduce the cost of such bonds to not more than five percent interest. Title III: Administration Provisions - Establishes the Criminal Justice Facilities Administration within the Department of Justice, headed by an Administrator appointed by the President. Charges the Administrator with carrying out this Act and submitting to the President for transmittal to Congress a report at least once per year. Sets at 75 percent the Federal share of the cost of a State plan approved under this Act. Amends the Federal Property and Administrative Services Act of 1949 to authorize the Administrator of the General Services Administration to donate surplus property to any State for construction and modernization of criminal justice facilities. Authorizes appropriations for fiscal years 1982 through 1988.
United States · United States Congress · 21 January 1981
Headstart Extension Act of 1981 - Amends the Economic Opportunity Act of 1964 to extend through fiscal year 1986 the authorization of appropriations for Headstart programs.
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 · 20 January 1981
Title I: Tax Treatment of Industrial Development Bonds Issued to Finance Pollution Control of Waste Disposal Facilities - Amends the Internal Revenue Code to define "air or water pollution control facilities," for purposes of the income tax exclusion of interest on industrial development bonds, to include depreciable equipment which is installed to control pollution through specified process changes in such pollution control facilities. Requires such equipment to meet Federal or State certification requirements in order to qualify for preferential tax treatment. Disallows an income tax exclusion for that portion of the bond proceeds which exceed the amount by which the acquisition and construction costs exceed the net profit reasonably expected to be derived through the recovery of wastes or by the operation of the pollution control facility over its useful life. Places specified dollar limits on the face amounts of obligations issued for air or water pollution control facilities at any new manufacturing or processing plant. Defines "hazardous waste or solid waste disposal facilities," for purposes of the exclusion of interest on industrial development bonds, to include depreciable property installed solely to comply with hazardous or solid waste management requirements imposed by the Solid Waste Disposal Act. Title II: Current Expensing of Amounts Paid or Incurred in Connection with the Construction or Erection of Pollution Control Facilities - Allows a taxpayer to elect to treat amounts paid or incurred in connection with the acquisition or construction of a certified pollution control facility as a currently deductible expense (amortizable over a period of 60 months under existing law). Revises the definition of "certified pollution control facility" to include treatment facilities made operational after January 1, 1976.
United States · United States Congress · 20 January 1981
Amends the Internal Revenue Code to permit taxpayers who do not itemize income tax deductions to claim a deduction from gross income for charitable contributions.
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.
![Official portrait of Sen. Randolph, Jennings [D-WV]](https://www.congress.gov/img/member/r000046_200.jpg)