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United States · Official source
2,830 records where Sen. Wirth, Timothy [D-CO] is listed as a sponsor, author, or other actor. Search with topics and years
United States · United States Congress · 27 October 1981
Designates that section of the Baltimore-Washington Parkway within the State of Maryland as the Gladys Noon Spellman Parkway. Directs the Secretary of the Interior, in cooperation with the State of Maryland, to erect an appropriate marker commemorating the contributions of Gladys Noon Spellman. Authorizes appropriations.
United States · United States Congress · 26 October 1981
Authorizes the President to present, on behalf of the Congress, a specially struck gold medal to Queen Beatrix of the Netherlands in recognition of the bicentennial anniversary of diplomatic and trade relations between the Netherlands and the United States. Authorizes the Secretary of the Treasury to coin and sell bronze duplicates of such medal. Authorizes appropriations.
United States · United States Congress · 21 October 1981
Amends the Legislative Reorganization Act of 1946 to provide that any adjustment in the rate of pay for Members of Congress proposed during any Congress shall not take effect earlier than the beginning of the next Congress. States that any such pay adjustment proposed in an even-numbered year of any Congress after the congressional elections and before the beginning of the following Congress shall be considered as occurring during the first session of the following Congress for the purposes of this Act.
United States · United States Congress · 21 October 1981
Record Carrier Competition Act of 1981 - Amends the Communications Act of 1934 to eliminate the current provisions governing consolidations and mergers of telegraph carriers except with respect to certain contracts between domestic and international record carriers. Requires the Federal Communications Commission (FCC) to promote the development of fully competitive domestic and international markets for record communications service. Defines "record communications service" to mean any telecommunications service that is designed or used primarily to transfer information which originates or terminates in written or graphic form. Defines "record carriers" as carriers of such service. Requires the FCC to reduce its regulation of record carriers as competition develops. Requires the FCC to assure that the costs of record communications services, facilities, and terminal equipment are not borne by users of regulated communications services. Requires record carriers, upon reasonable request, to provide full interconnection for other record carriers with any record communications service or facility. Treats a record carrier which provides both domestic and international record communications services as a separate domestic and a separate international record carrier for purposes of interconnection. Requires such a carrier to furnish the same quality interconnection under equal terms to its domestic or international branch as it furnishes to other carriers. Requires that any agreement between record carriers on furnishing record communications services or facilities establish a nondiscriminatory formula for allocating revenues from such services. Requires such allocation to be based on costs to the extent it is possible to do so. Directs the FCC to convene a meeting between all existing international record carriers and any record carriers which would be parties to an interconnection agreement. States that the purpose of the meeting is to negotiate such agreement. Requires the FCC to establish an agreement if certain carriers fail to agree. Authorizes a record carrier not subject to the agreement to become a party to the agreement by furnishing written notice to the FCC and the existing parties to the agreement. Terminates the agreement after a specified time. Authorizes the FCC to establish an interconnection agreement after such termination under specified circumstances. Prohibits enforcement of agreements that impede the development or operation of competitive record communications service market. Authorizes the FCC to modify or vacate an interconnection agreement if it is inconsistent with developing a competitive market. Sets forth the authority of the FCC with respect to applications by record carriers for providing international record communications service. Authorizes all record carriers to provide record communications service domestically and internationally. Requires such carriers that want to provide such service to apply to the FCC. Requires the FCC to act expeditiously on such applications. Authorizes the FCC to consider in connection with such an application the effect on foreign commerce of granting or denying the application. Extends for one year after enactment the FCC oversight of the distribution formulas for unrouted outbound telegraph traffic and the revenue allocations with respect to such traffic.
United States · United States Congress · 21 October 1981
Commitment to the Clean Air Act resolution of the Ninety-seventh Congress - Expresses the sense of the House of Representatives that: (1) clean air is fundamentally important for the health and well-being of the citizens, economy, and environment of the United States; and (2) the existing Clean Air Act should be maintained and strengthened subject only to changes that will improve its administration and effectiveness.
United States · United States Congress · 21 October 1981
Gives the endorsement of Congress to the principles relating to family planning set forth in a resolution adopted by the World Conference of the United Nations Decade for Women. Urges the President to take steps to implement those principles in the United States and in other countries.
United States · United States Congress · 20 October 1981
Amends the National Traffic and Motor Vehicle Safety Act of 1966 to require manufacturers of passenger cars to equip each car with a high-mounted stop lamp.
United States · United States Congress · 19 October 1981
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to prohibit the inclusion of the receipts and disbursements of the social security trust funds (the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund) in the totals of the Federal budget and exempt them from any general statutory limitation on Federal budget outlays, beginning with fiscal year 1983.
United States · United States Congress · 19 October 1981
Requires the Inspector General of the Department of Health and Human Services to identify Medicare patients and other individuals entitled to benefits under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act who have died in order to eliminate improper OASDI benefit payments to deceased individuals. Directs the Inspector General to report to Congress annually on the progress being made pursuant to this Act.
United States · United States Congress · 15 October 1981
Grants a Federal charter to the United States Submarine Veterans of World War II.
United States · United States Congress · 13 October 1981
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to prohibit the payment of title II benefits to an incarcerated felon during any month of confinement. Treats the benefits withheld as having been paid to the felon for purposes of the payment of benefits to other persons so entitled on the basis of the wages and self-employment income of the felon.
United States · United States Congress · 7 October 1981
Directs the Attorney General to conduct a study of the appropriate role of the Federal Government in the enforcement of alimony, child support, and property settlement orders against an absent spouse or parent. Authorizes appropriations.
United States · United States Congress · 7 October 1981
Amends the Communications Act of 1934 to establish civil and criminal penalties for violations of the prohibition against unauthorized publication or use of communications signals. Permits more severe civil and criminal penalties for persons who violate such prohibition for commercial advantage or private financial gain than for other violators.
United States · United States Congress · 7 October 1981
Expresses the sense of the House of Representatives that the provisions of the Internal Revenue Code which provide incentives for energy conservation and development of renewable energy sources should not be repealed or amended to reduce such incentives.
United States · United States Congress · 30 September 1981
Authorizes the President to present, on behalf of the Congress, a gold medal to Fred Waring, Louis L'Amour, and the widow of Joe Louis. Authorizes the Secretary of the Treasury to strike and sell bronze duplicates of each medal. Authorizes appropriations.
United States · United States Congress · 24 September 1981
Hunger Prevention and African Food Security Act - Amends the Foreign Assistance Act of 1961 to require the President to use at least half of the funds available for development assistance to provide assistance for persons living in absolute poverty as defined by specified standards. Requires special emphasis to be placed on alleviating hunger in Sub-Saharan Africa and particularly on facilitating the participation of women in food production in that region. Amends the Agricultural Trade Development and Assistance Act of 1954 to specify a minimum aggregate value of all famine relief agreements. Requires famine relief agreements to provide that at least one-fifth of the commodities made available for famine relief or funds generated from the sale of those commodities in participating countries shall be used to strengthen food distribution systems in famine-prone countries, especially those in Sub-Saharan Africa. Requires each such agreement to specify the measures taken to ensure that such commodities and funds benefit primarily the poor.
United States · United States Congress · 24 September 1981
Expresses the sense of the House of Representatives that the retired senior volunteer program (RSVP), administered by the ACTION agency, should be commended upon its tenth anniversary for successfully providing meaningful opportunities for retired persons to render volunteer service in their communities.
United States · United States Congress · 17 September 1981
Requests the President to designate the fourth Sunday in October as "Mother-in-law Day."
United States · United States Congress · 17 September 1981
Requests the President to designate the week beginning October 4, 1981, as "National Home Health Care Week."
United States · United States Congress · 15 September 1981
Floral Research and Consumer Information Act - Directs the Secretary of Agriculture to issue research and promotion orders for the plant trade. Prescribes administrative procedure for such orders. Requires the Secretary to appoint a "Floraboard" composed of not more than 75 producers and importers nominated by certified organizations. Requires such Floraboards to develop plans and projects subject to the Secretary's approval. Provides for assessments on the sale of flowers and plants to defray administrative costs. Specifies the terms an order may contain. Requires approval of an order by a referendum of producers. Requires the Secretary to suspend or terminate an order on his own initiative, or at the behest of a referendum under certain circumstances. Exempts certain producers and importers from coverage. Provides for assessment refunds and review of orders upon petition. Vests the district courts of the United States with enforcement jurisdiction. Sets forth criteria for the certification of producer and importer organizations. Enumerates investigative and legal powers of the Secretary with respect to Floraboard orders. Authorizes appropriations.
United States · United States Congress · 10 September 1981
Amends the Magnuson Fishery Conservation and Management Act to declare that the United States shall assume exclusive fishery management authority over all fish within a specified fishery conservation zone (currently excludes highly migratory species).
United States · United States Congress · 10 September 1981
United States Olympic Development Fund Checkoff Act of 1981 - Permits taxpayers to designate on their income tax returns an election to contribute one dollar of their income tax refunds or one dollar forwarded with returns to support the fund established by this Act. Establishes in the Treasury of the United States a United States Olympic Development Fund. Appropriates to the Fund an amount equivalent to the amount designated on tax returns to be available to the Fund. Directs the Secretary of the Treasury to pay amounts so transferred to the U.S. Olympic Committee for use in a program of expansion and improvement of amateur athletics. Sets forth reporting requirements with respect to the expenditure of such funds by the Committee.
United States · United States Congress · 9 September 1981
Requests the President to designate the week of October 19 through October 25, 1981, as "National High School Activities Week."
United States · United States Congress · 4 August 1981
Federal Pay Continuity Act - Defines the term "agency" for purposes of this Act to include: (1) an Executive agency; (2) the Judicial branch; (3) the Library of Congress; (4) the Government Printing Office; (5) the Legislative branch; and (6) the District of Columbia government. Appropriates the funds necessary to pay agency employees and members of the uniformed services during any period when such funds are not available because the legislation making appropriations to the Government entity employing such individuals has not been enacted.
United States · United States Congress · 4 August 1981
Small Business Innovation Research Act of 1981 - Amends the Small Business Act to direct the Small Business Administration (SBA) to: (1) maintain an information program to provide small businesses an opportunity to participate in Federal small business innovation research (SBIR) programs; (2) monitor SBIR programs within Federal agencies; and (3) report annually to the Congressional Small Business Committees on the SBIR programs. Requires each Federal agency with a research and development budget in excess of $100,000,000 in fiscal year 1982 or any subsequent fiscal year to spend a specified percentage of its budget in connection with an SBIR program. Requires each Federal agency with a research and development budget in excess of $20,000,000 in fiscal year 1982 or any subsequent fiscal year to establish specific goals for funding agreements for research or research and development to small businesses with small businesses. Directs each Federal agency with a SBIR program to report annually to the SBA the number of awards over $10,000 in amount made under the SBIR program and to concerns other than small business concerns. Directs the Administrator of the Office of Federal Procurement Policy, in conjunction with the SBA, to promulgate regulations for the conduct of the SBIR programs. States that this Act does not authorize the appropriation of funds.
United States · United States Congress · 4 August 1981
Establishes the National Commission for the Utilization and Expansion of Language Resources, to be composed of ten members to be appointed by the President and the Secretary of Education. Sets forth the functions and powers of the Commission. Requires that the Commission submit an annual report of the results of its program to the Congress and the President.
United States · United States Congress · 4 August 1981
Requests the President to designate the week of April 19 through April 25, 1982, as "National Nurse-Midwifery Week."
United States · United States Congress · 4 August 1981
Requests the President to designate the month of October 1981 as "National PTA Membership Month."
United States · United States Congress · 29 July 1981
Small Business Innovation Development Act of 1981 - Amends the Small Business Act to direct the Small Business Administration (SBA) to: (1) maintain an information program to provide small businesses an opportunity to participate in Federal small business innovation research (SBIR) programs; (2) coordinate a schedule for release of SBIR solicitations and prepare a master release schedule; (3) monitor SBIR programs within Federal agencies; and (4) report annually to the congressional Small Business Committees on the SBIR programs. Requires each Federal agency with a research and development budget of at least $100,000,000 in FY 1982 or any subsequent fiscal year to spend a specified percentage of its budget in connection with an SBIR program. Requires each Federal agency with a research and development budget of at least $20,000,000 in FY 1982 or any subsequent fiscal year to establish specific goals for funding research and development agreements with small businesses. Directs each Federal agency to report annually to the SBA the number of awards over $10,000 made under the SBIR program and to concerns other than small business concerns. Directs the Administrator of the Office of Federal Procurement Policy, in conjunction with the SBA, to promulgate regulations for the conduct of the SBIR programs. States that this Act does not authorize the appropriation of funds.
United States · United States Congress · 28 July 1981
National Space and Aeronautics Policy Act of 1981 - Title I: Declaration of Policy - Establishes a comprehensive national civilian space and aeronautics policy to provide the basis for a world information system, earth orbital facilities, exploration of the solar system, and the development of other space and aeronautical activities. Title II: National Space and Aeronautics Policy - Sets forth national space and aeronautics principles in order to achieve the peaceful expansion of space and atmospheric environments for the benefit of mankind and the nation. Title III: Program - Directs the National Aeronautics and Space Administration (NASA), in cooperation with private, governmental, and international groups, to pursue aggressive research and systems development in space and aeronautics science and technology. Specifies programs and target dates for the achievement of such research and systems development. Directs the Administrator of NASA, together with the Director of the Office of Science and Technology Policy, in consultation with appropriate Federal agencies, to develop and submit to Congress a preliminary five year program including proposed annual funding requirements and a detailed research and development schedule. Requires a final five-year program, a ten-year plan, and 30-year policy goal to be submitted to Congress no later than one year after the date of enactment of this Act. Requires that status reports and revisions to the plan be submitted annually with the budget request beginning the third year after the enactment of this Act. Title IV: Government of Space Territories - Sets forth provisions for the government of space territories, including constitutional protections, the right to self- government, and admission to statehood.
United States · United States Congress · 21 July 1981
Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to eliminate the three day prior hospitalization requirement for coverage of extended care services.
United States · United States Congress · 15 July 1981
Amends the Securities Exchange Act of 1934 to prohibit certain credit transactions for the acquisition of securities of United States corporations by either United States or non-United States persons where such a transaction is financed by either United States or non-United States lenders if such a transaction is or could be prohibited if it has been made or has otherwise occurred in a lender's office or other place of business in a State. Permits the Board of Governors of the Federal Reserve System to exempt any class of persons from the application of such regulation. Sets forth the private right of action for violations of such margin requirements. Applies the provisions of this Act to any purchase or carrying of securities on or after July 16, 1981, if the loan or extension of credit involved originated, or if the loan proceeds used to purchase or carry such securities were disbursed, on or after such date.
United States · United States Congress · 15 July 1981
Independent Local Newspaper Act of 1981 - Amends the Internal Revenue Code to provide for the establishment of independent local newspaper advance estate tax trusts to facilitate payment of the estate tax imposed upon the estate of a decedent who owned an interest in an independent local newspaper. Sets forth requirements for the establishment of such trusts, including requirements that such trusts: (1) be created pursuant to a plan adopted by the newspaper; (2) be governed by a written instrument which requires that contributions to and income of the trust be invested solely in obligations of the United States; (3) name as trustee a bank or another individual who is capable of administering such trust in compliance with the requirements of this Act; (4) maintain trust assets separately from other property; (5) accept contributions exclusively from independent local newspapers; (6) devote assets of the trust solely to the payment of the estate tax; and (7) distribute any excess funding of the trust to its beneficiaries or their estates. Limits an individual who owns interests in several independent local newspapers to participation in not more than one estate tax payment trust. Defines an "independent local newspaper" as a newspaper publication which is not a member of a chain and which maintains all its offices in a single city, community or metropolitan area, or, on January 1, 1981, within one State. Defines "excess funding" as the excess of the face value of the assets of a qualified trust over: (1) 70 percent of the value of a decedent's interest in an independent local newspaper which is includable in his gross estate; or (2) a decedent's estate tax which is attributable to his interest in an independent local newspaper included in his gross estate. Exempts independent local newspaper advance estate tax trusts and the individuals for whom such trusts are established from income taxation with respect to income earned by such trust. Terminates such tax-exempt status if the taxpayer's interest in the newspaper is sold, the newspaper itself is sold or ceases to qualify as an independent newspaper, or there is an excess funding of the trust. Provides that the amount of any excess funding shall be distributed to the individual for whom the trust was created and included in his gross income or gross estate. Allows an income tax deduction to local independent newspapers for contributions made to estate tax payment trusts. Limits the amount of such deduction to 50 percent of the taxable income derived from such newspaper for the taxable year. Requires the redetermination of the estate tax of an individual for whom an independent local newspaper advance estate tax trust is established and the inclusion in the gross estate of such individual of an amount equal to the estate tax payment made by such trust which is attributable to the individual's interest in the newspaper, if the trust or any heir of the individual sells, within 15 years of the death of such individual, any part of the interest in the newspaper with respect to which the trust was created. Provides for the gradual phaseout of any additional estate tax which is imposed due to the premature sale of a newspaper, if the sale does not occur prior to the ten to 15 year period following the death of the individual for whom the estate tax trust is established. Permits the shareholders of an independent local newspaper who receive the stock of a corporation which the newspaper controls to exclude from their gross income any gain realized as a result of such distribution if: (1) the shareholders do not sell such stock within five years after the date of its distribution; (2) the shareholders retain control of the newspaper for five years after the date of the distribution; and (3) the newspaper and the controlled corporation each continue to be engaged in the active conduct of a trade or business through the five year period beginning on the date of the distribution. Excludes from the gross estate of a decedent the value of any interest in an independent local newspaper which he holds at the time of his death and any estate tax payment made by an independent local newspaper advance estate tax payment trust. Permits the executor of an estate which includes an interest in an independent local newspaper to pay the estate tax in two or more (but not exceeding ten) equal installments. Limits the maximum amount of estate tax that may be paid in installments to the excess of the amount of estate tax over the tax that would have been imposed if the interest in the newspaper had not been included in the gross estate, reduced by all payments of the estate tax made by an independent local newspaper advance estate tax payment trust.
United States · United States Congress · 15 July 1981
Amends the Internal Revenue Code to remove from the subsidized energy financing limitation, for purposes of determining expenditures which qualify for the residential energy credit and the investment tax credit, energy financing received under State or local programs. Removes industrial development bond proceeds from the formula for reducing the qualified investment in energy property for purposes of the investment tax credit.
United States · United States Congress · 9 July 1981
Requests the President to designate February 11, 1982, as "National Inventors' Day."
United States · United States Congress · 9 July 1981
Prohibits the use of appropriated funds for the purchase of United States Capitol Historical Society calendars for Members of the House of Representatives beginning with calendar year 1982.
United States · United States Congress · 8 July 1981
Campaign Finance Reform Amendments of 1981 -- Amends the Federal Election Campaign Act of 1971 to increase the limitations on contributions to campaigns for the House of Representatives and the Senate. Raises the ceiling from $1,000 to $2,500 for an individual's total contribution to any candidate for the House of Representatives and his or her authorized political committees. Imposes a limit on the total amount such a candidate and his or her committees may accept from multicandidate political committees of $75,000 for a general or special election (with an extra $25,000 in the case of a run-off). Imposes a ceiling on the total amount a candidate for the Senate and his or her committees may accept from multicandidate political committees. Sets such ceiling at: (1) the greater of $25,000, or the product of $12,500 times the number of State Representatives, in the case of a run-off election; or (2) the greater of $75,000, or the product of $37,500 times the number of State Representatives (not to exceed $500,000), for a general or special election (including conventions and primaries). Amends the Internal Revenue Code to increase the tax credit for political contributions from $50 to $100 ($100 to $200 for joint returns). Allows two separate tax credits, up to such amounts, for contributions: (1) to individual candidates and political committees; and (2) to national, State, and local committees of a national political party.
United States · United States Congress · 26 June 1981
Amends the Mineral Leasing Act of 1920 to permit any person or corporation having an oil shale lease for the extraction and reduction of shale to apply for an ancillary lease of up to 6,400 acres for public lands to be used in connection with such extraction and reduction activities. Sets forth the terms and conditions which must be contained in such lease.
United States · United States Congress · 25 June 1981
Directs the Secretary of Health and Human Services to conduct a study to determine whether there is a relationship between the exposure of members of the U.S. armed forces to nuclear radiation in Hiroshima and Nagasaki and any abnormal health symptoms currently exhibited by such individuals. Requires a report to Congress within two years of enactment of this Act.
United States · United States Congress · 23 June 1981
Directs the Joint Committee on the Library to procure a bust or statue of Dr. Martin Luther King, Junior, for placement in a suitable location in the Capitol.
United States · United States Congress · 22 June 1981
Requests the President to designate the week of September 6 through September 12, 1981, as "Older Americans Employment Opportunity Week."
United States · United States Congress · 18 June 1981
Postal Service Amendments of 1981 - Authorizes the United States Postal Service to issue written demands requiring access to books, records, documents, or other objects believed to relate to any postal offense or civil matter under investigation by the Postal Service. Provides for the enforcement of such a demand by the appropriate district court. Authorizes the Postal Service to issue an order requiring any person to cease and desist from conducting a lottery or scheme for obtaining money or property by false representations through the mail. Declares that the resumption of such an activity through the use of any instrumentality of interstate commerce shall be considered to be a failure to comply with such order. Permits the Postal Service, in investigating whether a person is conducting such an activity, to tender the price of any article or service that such person has offered for sale. Declares that failure by such person to provide such article or service, or failure to comply with a written demand of the Postal Service for access to materials, shall constitute probable cause to believe such person is engaged in such activities, warranting the detention of such person's incoming mail. Establishes a civil penalty to be assessed by the Postal Service, after an opportunity for an agency hearing, against any person who: (1) attempts to evade an order directing the postmaster to return mail addressed to such person; (2) fails to comply with a cease and desist; or (3) assists another person in evading such an order.
United States · United States Congress · 17 June 1981
Requests the President to designate July, 1981, as "National Peach Month."
United States · United States Congress · 15 June 1981
Amends title XVIII (Medicare ) of the Social Security Act to provide Medicare coverage of "personal emergency response services" provided by a "personal emergency monitoring agency." Defines "personal emergency response services" as the maintenance of digital electronic communication equipment in the home which signals a "personal emergency monitoring agency" for help.
United States · United States Congress · 11 June 1981
Requests the President to designate the week of October 5 through October 11, 1981, as "National Productivity Improvement Week."
United States · United States Congress · 3 June 1981
Missing Children Act - Directs the Attorney General to collect and preserve information which would assist in: (1) the identification of any deceased individual who has not been identified within 30 days of his or her death; and (2) the location of any missing child who is under the age of 17, does not have a history of running away, and has been missing for at least 48 hours.
United States · United States Congress · 2 June 1981
Requests the President to designate the week of April 4 through April 10, 1982, as National Medic Alert Week.
United States · United States Congress · 19 May 1981
Floral Research and Consumer Information Act - Directs the Secretary of Agriculture to issue research and promotion orders applicable to persons engaged in the production, sale, importation, or handling of flowers and plants. Prescribes administrative procedures for the issuance of such orders. Requires the Secretary, for the purpose of administering each order, to appoint a "Floraboard" composed of not more than 75 producers and importers nominated by certified organizations. Requires such Floraboards to develop plans and projects subject to the Secretary's approval. Provides for assessments on the sale of flowers and plants to defray administrative costs. Describes the permissive terms an order may contain. Conditions the effectiveness of any order upon its approval by a supermajority of producers voting in a referendum. Requires the Secretary to suspend or terminate an order on his own initiative, or at the behest of a referendum, under certain circumstances. Exempts certain producers and importers from coverage by such orders. Provides for refund of assessments and review of orders upon petition. Vests the district courts of the United States with jurisdiction to enforce such orders. Prescribes civil penalties for their violation. Sets forth criteria for the certification of organizations claiming to represent producers and importers. Enumerates investigative and legal powers of the Secretary with respect to Floraboard orders. Authorizes appropriations.
United States · United States Congress · 19 May 1981
Amends the Internal Revenue Code to revise requirements for the exclusion of interest on mortgage subsidy bonds. Repeals provisions which allow tax-exempt status for such bonds if 95 percent of the mortgages financed by such issues are in compliance with stated requirements. Provides that a showing that the issuing authority has tried in good faith to satisfy all requirements will cure a failure to meet any particular requirement if such failure is corrected within a reasonable time after its discovery. Allows bondholders to rely upon an issuer's good faith covenant as to a compliance. Revises the new homeowner requirements to allow eligibility for bond-financed mortgages for persons who are residing in substandard housing or who have lost their homes because of natural disasters or governmental action. Changes the method of determining the average area purchase price for purposes of the purchase price requirements for bond-financed mortgages. Specifies that the average area purchase price shall not include residences which are not typically financed through normal real estate mortgage loans and that such price may be determined separately for new and previously occupied homes. 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. Changes the method of determining the yield on an issue. Specifies that issuers are not required to dispose of any investment and realize a loss in order to satisfy arbitrage restrictions. Allows two or more qualified mortgage bond issues of a single issuer to be combined for purposes of determining compliance with arbitrage requirements. Permits issuers to maintain a reasonable reserve against investment losses and to allocate credits or payments between eligible mortgagors. Exempts mortgages insured by the Federal Housing Administration or guaranteed by the Veterans Administration from certain mortgage assumption requirements. Includes energy impacted areas within the definition of targeted areas for purposes of the special treatment of targeted area residences. Repeals the requirement that the designation of areas of chronic economic distress be approved by the Secretary of Housing and Urban Development. Limits the designation of areas of chronic economic distress to 25 percent of the geographic area within a State. Redefines statistical areas to include two or more statistical areas combined. Repeals the registration requirements for bond issues.
United States · United States Congress · 12 May 1981
Steel Industry Compliance Extension Act of 1981 - Amends the Clean Air Act to authorize the Administrator of the Environmental Protection Agency to extend the date for compliance with emission limitation requirements by owners or operators of a stationary source in an iron- and steel-producing operation if: (1) the compliance date extension is necessary to allow the applicant to make capital investments in its operations to improve efficiency and productivity; (2) the funds freed by such extension will be used within two years for additional capital investments in the applicant's operations; (3) the Administrator and the applicant agree to a phased compliance program for each of the applicant's stationary sources; (4) the applicant has sufficient funds to comply with such program; (5) the applicant is in compliance with any existing Federal decrees applicable to its operations; and (6) the compliance date extension will not result in the degradation of air quality during the extension term. Prohibits the imposition of a noncompliance penalty under the Clean Air Act upon an owner or operator with a compliance date extension provided their stationary source remains in compliance with all the requirements of such extensions. Makes available to the public all information obtained by the Administrator under this Act, subject to a specified exception. Directs the Administrator to publish notice of receipt of an application for extension of time in the Federal Register and to notify the appropriate State and local officials. Directs the Administrator to publish in the Federal Register notice of any finding made or other action taken, or failure or refusal to take action, by the Administrator in connection with consent decrees. Provides that such findings, actions, refusals, or failures shall be reviewable only by a court in which a specified civil action under such Act is brought against the stationary source owner or operator. States that revision of a State implementation plan is not required because a compliance date extension has been granted if such plan would have met Clean Air Act requirements prior to the granting of such extension.