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51 records in US in 1987
United States · United States Congress · 21 December 1987
Waives points of order against the conference report on H.R. 3545 (budget reconciliation) and against its consideration.
United States · United States Congress · 16 December 1987
Waives the requirement that the enrollment of H.R. 3545 (or any other bill providing for reconciliation pursuant to the concurrent resolution on the budget for FY 1988) and of H.J. Res. 395 (or any other joint resolution making continuing appropriations for FY 1988) be printed on parchment.
United States · United States Congress · 9 December 1987
Expresses the sense of the Congress that railroad retirement benefits are exempt from reduction under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and that supplemental annuities payable under the Railroad Retirement Act of 1974 and sequestered under a specified presidential order should be restored.
United States · United States Congress · 8 December 1987
Federal Capital Budget Act of 1987 - Requires the budget submitted by the President to be a unified budget composed of a separate capital budget (representing only the major activities, projects, and programs which support the acquisition, construction, and rehabilitation of capital assets) and a separate operating budget (representing all other activities, projects, and programs). Sets forth informational requirements with respect to the unified budget. Requires the Comptroller General to review implementation of this Act and to report to the Congress on the appropriateness of the $500,000 threshold for classifying items under the capital budget section of the unified budget. Amends the Public Works and Economic Development Act of 1965 to require the Secretary of Transportation, the Administrator of the Environmental Protection Agency, the Assistant Secretary of the Army for Civil Works, and the Administrator of the General Services Administration to report to the House Committee on Public Works and Transportation and the Senate Committee on Environment and Public Works at the account and function levels, the actual, estimated, and proposed appropriations, receipts, and expenditures for capital and operating activities associated with: (1) roadways, airports, and transportation systems; (2) waste water treatment facilities; (3) water resource projects; and (4) public buildings.
United States · United States Congress · 4 December 1987
Omnibus Budget Reconciliation Act of 1987 - Title I: Commerce - Amends the Communications Act of 1934 to require the Federal Communications Commission, prior to the transfer of a construction permit or broadcast station license, to assess and collect from the transferor a charge of two percent of the selling price or of the fair market value, whichever is greater. Increases the charge to three percent if the transfer has violated the Fairness Doctrine. Increases such charge to four percent (five percent if the transfer has violated the Fairness Doctrine) if the Commission finds that the transfer has not operated the station for more than three years, unless: (1) the application involves only an FM translator station or FM booster station; (2) the application involves a pro forma assignment or transfer of control; (3) the transferor has made an affirmative factual showing that because of materially changed circumstances subsequent to the acquisition of the license or permit, a change in ownership will serve the public interest; or (4) the disposal of the permit or license was authorized in accordance with regulations concerning minority ownership of broadcast stations. Prohibits the Commission from waiving or deferring such charge. Provides that moneys received from such charge shall be deposited in the general fund of the Treasury until September 30, 1989, and thereafter in the Public Broadcasting Trust Fund to be established by the Secretary of the Treasury. Provides that such Fund shall be used solely: (1) by the Secretary of Commerce for the planning and construction of public telecommunications facilities; and (2) for the Public Broadcasting Fund to provide financial support for public broadcasting. Requires the Commission, in establishing the fair market value of a construction permit or license that is disposed of, to include the price of the permit or license and all items of value disposed of, without regard to whether the disposition of such items occurs between the same persons or in the same transaction. Authorizes appropriations of a specified amount for FY 1989, and of a specified percentage of the Public Broadcasting Trust Fund for fiscal years after FY 1989, for the planning and construction of public telecommunications facilities. Limits to a specified portion of the Public Broadcasting Trust Fund the appropriations authorized for the Public Broadcasting Fund for fiscal years after FY 1990. Requires broadcast licensees to provide reasonable opportunity for the discussion of conflicting views on issues of public importance, consistent with the Commission's rules in effect on January 1, 1987. Requires the Secretary of the department in which the Coast Guard is located to establish a system for the collection of $50,000,000 in FY 1988 through 1990 in payments by users of the Coast Guard's services, except for emergency search and rescue. Requires that such a system include payments from: (1) the sale of Support of Services Stamps which entitle the holder to specified services without charge; and (2) fees collected from users of such specified services who have not purchased a Support of Services Stamp. Requires the Secretary to consider collecting payments for non-emergency search and rescue and to ensure that such a collection system minimizes the adverse economic effects upon commercial towing services and other segments of the maritime industry. Directs the Secretary to report to the Congress by December 1, 1987, on the establishment of such a system and by December 1, 1988, on the implementation of such a system. Title II: Committee on Energy and Natural Resources - Subtitle A: Nuclear Waste - Nuclear Waste Policy Act Amendments Act of 1987 - Amends the Nuclear Waste Policy Act of 1982 to add a new "Title IV: Program Redirection". Directs the Secretary of Energy to select by January 1, 1989, as the preferred site for the first repository, one of the sites previously selected for characterization as a candidate site. Sets forth the criteria for such site consideration. Prohibits the Secretary from initiating exploratory shaft facility construction until such preferred site has been selected. Makes the State in which the preferred site is located eligible to enter into a benefits agreement with the Secretary. Subjects the Secretary's site selection decision to an expedited judicial review process. Grants the Temporary Emergency Court of Appeals exclusive jurisdiction over such decision. Prescribes procedural guidelines for such decision, including an environmental evaluation. Requires an economic impact report to Congress within one year after site selection. Annuls and revokes the Secretary's previous proposal to locate a monitored retrievable storage facility on the Clinch River (Oak Ridge, Tennessee). Prescribes a deadline by which the Secretary must survey and evaluate three potentially suitable sites in at least two States for such a facility. Sets forth: (1) the factors to be considered at each site; and (2) notification requirements and local approval procedures. Authorizes the Secretary to make grants to any State, Indian tribe, or local government to support an assessment of the feasibility of siting a monitored retrievable storage facility. Requires the Secretary to construct and operate such a facility, once selection is effective, as part of an integrated nuclear waste management system. Directs the Secretary to conduct a feasibility study regarding additional monitored retrievable storage facilities which shall: (1) examine the desirability of co-locating a monitored retrievable storage facility site for spent nuclear fuel from civilian nuclear activities with a site at which substantial volumes of high-level radioactive waste from atomic energy defense activities are located; and (2) include the development of a management plan for such high-level radioactive waste in a system with additional monitored retrievable storage facilities capable of storing both high-level radioactive and spent nuclear fuel. Requires the Secretary to report to the Congress by April 1, 1989, on the study results. Sets a time frame within which the Secretary must study and evaluate the use of dry cask storage technology at civilian nuclear power reactor sites for the temporary storage of spent nuclear fuel until a permanent geologic repository is operative for such purpose. Prescribes the contents of such study and directs the Secretary to report on it to the Congress by October 1, 1988. Requires a report to the Congress by April 1, 1989, on the benefits of storing for at least 50 years spent nuclear fuel compared to the current system design allowing such fuel to age for ten years before emplacement in a repository. Prescribes guidelines under which the Secretary may enter into benefits agreements with eligible States or Indian tribes on whose property a repository or monitored retrievable storage facility is sited. Mandates that a review panel be established under such benefits agreements to: (1) advise the Secretary regarding proposed repositories or monitored retrievable storage facilities and related issues; (2) evaluate performance; (3) recommend corrective actions; and (4) participate in data planning and review. Exempts such panel from the requirements of the Federal Advisory Committee Act. Prohibits the Secretary from conducting site-specific activities regarding a second repository while benefits agreements are in effect (unless the Congress specifically appropriates funds for such activities). Requires the Secretary to report to the President and the Congress by January 1, 2007, on the need for a second repository. Cites conditions under which the Secretary may terminate a benefits agreement. Declares that the Secretary's benefits termination decisions shall be available to the Congress and the public and are not subject to judicial review. Requires the Secretary to offer any affected State, Indian tribe, or local government an opportunity to designate a representative to conduct on-site oversight activities at a monitored retrievable storage facility. Authorizes appropriations for FY 1988 through 1990. Requires the Secretary, within 60 days after enactment of this Act, to seek to enter into a contract with the National Academy of Sciences for a study regarding the major facets of reprocessing spent nuclear fuel. Requires the Secretary to submit the Academy's report to the Congress by September 30, 1989. Directs the Secretary to report to the Congress on subseabed disposal of spent nuclear fuel and high-level radioactive waste. Prescribes the contents of such report. Prohibits the transportation of spent nuclear fuel or high-level radioactive waste by or for the Secretary unless in packages that have been certified for such purpose by the Nuclear Regulatory Commission. Directs the Secretary to: (1) abide by the Commission's regulations regarding advance notification of State and local governments prior to transportation of spent nuclear fuel or high-level radioactive waste; and (2) provide States with technical assistance and funds for training public safety officials through whose jurisdiction the Secretary plans to transport radioactive materials. Requires the Commission to: (1) require actual tests on a sample full-scale package (in addition to any simulated tests, scale model test, or engineered analysis) as part of its package design certification process for spent nuclear fuel or radioactive waste transportation; and (2) conduct a survey of the radioactive waste transportation packages used by other nations and report the survey results to the Congress by January 1, 1989. Mandates that the repository site approval procedure include a statement by the Secretary (after consultation with the Secretary of Defense) that repository construction and operation will not seriously jeopardize or interfere with national defense activities. Grants any State which borders on a State in which a candidate repository site is located, and lies contiguous to a major river, waterway, or underground aquifer adjacent to or underneath a site, the same right to participate in site selection, review, and approval as the State in which the repository is proposed to be located. Requires the Secretary, when siting Federal research projects, to give special consideration to proposals from States where a repository is located. Subtitle B: Federal Onshore Competitive and Gas Leasing Act of 1987 - Federal Onshore Competitive Oil and Gas Leasing Act of 1987 - Amends Federal law regarding competitive leasing of oil and gas for onshore Federal lands to increase from 640 acres to 2,560 acres the units of land open to competitive leasing. Provides for lease sales to be: (1) conducted by oral bidding; and (2) held at least every two months in each State (or more frequently at the Secretary's discretion). Requires the Secretary of the Interior to: (1) establish by regulation a national minimum acceptable price for all leases which is at least $10 per acre, and (2) accept the highest bid which is at least $10 or greater per acre without evaluation of the value of the lands proposed for lease. Requires that all bids for less than the minimum acceptable price be rejected. Makes lands available for leasing for a three-year period if the highest bid received for such lands was less than the minimum acceptable price. Describes circumstances under which certain lands may be leased without competitive bidding. Conditions the issuance of leases upon payment of a minimum rental of $1 per acre for each year of the lease. Authorizes the Secretary to suspend a lease and its term by adding the suspended period thereto if a lessee, due to specified circumstances beyond his control, is denied access for exploration, drilling or production purposes. Authorizes the Secretary to disapprove partial assignments of less than 640 acres outside of Alaska, or of less than 2,560 acres within Alaska. Directs the Secretary to promptly process requests for assignment of sublease approvals and to grant such approvals (where appropriate) within 60 days of receipt. Subjects a lease to cancellation by the Secretary of the Interior after 30 days' notice for noncompliance with the lease terms unless: (1) the leasehold contains a well capable of production of oil or gas in paying quantities; or (2) the lease is committed to an approved cooperative or unit plan or communitization agreement which contains a well capable of production of unitized substances in paying quantities. Exempts from the environmental impact assessment requirements of the National Environmental Policy Act of 1969 actions taken by the Secretary to develop regulations and procedures for a competitive oil and gas leasing program (including lease sales). Amends the Alaska National Interest Lands Conservation Act to make leasing in Alaska consistent with that in the lower 48 States. Repeals provisions regarding: (1) determination of favorable petroleum geological provinces; and (2) suspension of noncompetitive leasing. Establishes an interim period during which certain pending lease applications will be processed as they would have been prior to the date of enactment of this Act. Prohibits noncompetitive lease applications for specified lands from being processed until such lands are posted for competitive bidding in accordance with this Act. Provides for the leasing of certain lands without competitive bidding to the first qualified applicant if such lands were similarly available for such noncompetitive leasing prior to the date of enactment of this Act. Terminates the lease-issuing authority under this Act 24 months after the date of issuance of final implementing regulations. Directs the Secretary to issue final regulations within 60 days after the date of enactment of this Act. States that such regulations do not require certain accompanying environmental impact analyses (including environmental impact analyses). Requires the Secretary of the Interior to hold at least one competitive lease sale for tracts which but for this Act would have been posted for the filing of simultaneous oil and gas lease applications. Permits the inclusion in such sale of certain tracts which had over-the-counter noncompetitive oil and gas lease offers. Imposes civil penalties upon persons who willfully and knowingly misrepresent the value of lands and leases under this Act. Grants to the States concurrent civil and criminal jurisdiction for violations of this Act. Requires the Secretary to submit an annual report to the Congress regarding the implementation of this Act, including specified data. Subtitle C: Park System Admission Fees - Land and Water Conservation Fund Act Amendments of 1987 - Amends the Land and Water Conservation Fund Act of 1965 to increase from $10 to $25 the charge for the annual admission permit (the Golden Eagle Passport) into any entrance fee area of the National Park System. Authorizes the Secretary of the Interior to make available an annual admission permit for a reasonable fee for a specific unit or units of the National Park System. Sets fee limits for single-visit permits. Prohibits charging fees at any National Park unit located in an urbanized area. Directs the Secretary to report to specified congressional committees a list of units and their proposed admission fees. Prohibits admission fees for persons 16 years of age or less or for organized educational groups. Prohibits charges at: (1) the Statue of Liberty National Monument, New York; (2) the U.S.S. Arizona Memorial, Hawaii; and (3) Independence National Historical Park, Pennsylvania. Requires a "Fee-Free Day" at each unit where a fee is charged. Sets admission fee limitations for Glacier, Yellowstone, and Grand Teton National Parks. Makes admission fees available to the collecting agency for resource protection, research, interpretation, and maintenance at outdoor recreation facilities managed by that agency. Allocates 15 percent of the funds collected by the National Park Service to Park units based upon need: 35 percent for operating expenses, and 50 percent based on user and admission fees. Permits the use of such funds for resource protection, research, and interpretation, and in the case of funds from user fees, for maintenance. Authorizes volunteers or others to sell permits and collect fees if adequately trained and bonded. Permits the charge of a transportation fee in lieu of an entrance fee at parks with transportation systems. Provides for the distribution of such funds, with the park itself retaining 50 percent outright. Directs the Secretary to study the feasibility of adjusting entrance fees to encourage alternative transportation usage and visitation at off-peak times. Requires the study to include a pilot program at Yosemite National Park. Directs the Secretary to report to specified congressional committees within three years on such study. Extends the Land and Water Conservation Fund through FY 2015. Subtitle D: Tongass Timber Supply Fund - Amends the Alaska National Interest Lands Conservation Act to repeal the ongoing appropriations for timber utilization in the Tongass National Forest, Alaska. Authorizes appropriations to maintain a specified level of timber supply. Title III: Committee on Environment and Public Works - Authorizes the Administrator of the Environmental Protection Agency to assess user fees for certain activities administered by the Agency under statutory mandate. Amends the Nuclear Waste Policy Act of 1982 to direct the Secretary of Energy to develop and make available to the public plans for the conduct of surface-based testing at specified candidate sites recommended for site characterization. Outlines the contents of such plans. Prohibits the Secretary from initiating exploratory shaft facility construction at any candidate site until a preferred candidate site is selected according to statutory guidelines. Directs the Secretary to: (1) publish for public comment (within 180 days after the date of enactment of this Act) a description of the decision methodology to be used in selecting a preferred candidate site; (2) make available to certain affected bodies (including affected States and Indian tribes) the technical information the Secretary intends to consider in evaluating site suitability for repository development; (3) select a preferred candidate site for the first repository by January 1, 1991, based in part upon the information gained from the surface-based testing; (4) submit to the Congress (and make available to the public) a comprehensive statement of the basis for the Secretary's site selection decision; (5) immediately notify interested States, Indian tribes and the Congress if the preferred candidate site is determined to be unsuitable; and (6) select a new preferred candidate site within six months after such determination. Sets guidelines for judicial review of the Secretary's site selection decision. Grants the Temporary Emergency Court of Appeals exclusive jurisdiction over such decision. Prescribes procedural guidelines for such decision and for an environmental evaluation. Directs the Secretary to enter into a contract with the National Academy of Sciences for the purpose of establishing an Oversight Board under Academy auspices to evaluate the scientific and technical adequacy of the Department of Energy's surface-based testing plans, preferred candidate site selection program, and site characterization program. Sets forth the Board's duties, including a quarterly status report on its activities. Declares that the National Environmental Policy Act is applicable to site characterization activities under this Act. Specifies exceptions to environmental impact statement requirements. Requires the Secretary to have in effect a fully qualified quality assurance program governing the data to be collected during in situ characterization of any site before proceeding to sink shafts at any candidate site. Prohibits the Secretary from conducting site-qualified activities with respect to a second repository unless the Congress has specifically authorized and appropriated funds for such activities. Directs the Secretary to: (1) report to the President and the Congress by January 1, 2010, on the need for a second repository; and (2) suspend all expenditures related to evaluating crystalline rock suitability as a potential repository host medium. Sets forth criteria for licenses issued by the Nuclear Regulatory Commission (NRC) for monitored retrievable storage facilities (MRS) dealing with spent nuclear fuel or high-level radioactive waste. Authorizes appropriations for FY 1988 through 1990. Directs the NRC to assess its licensees annual charges on a fiscal year basis for FY 1988 through 1990. Prescribes a maximum amount for such charges and mandates that they be reasonably related to NRC regulatory services and costs. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to repeal the NRC's mandate to: (1) assess annual charges from its licensees; and (2) submit to certain congressional committees a feasibility report regarding such annual charges. Amends the Nuclear Waste Policy Act to set forth the amount of the nuclear waste fee adjustment for FY 1988 through 1990. Title IV: Committee on Finance - Subtitle A: Health, Social Services, and Income Security - Part A: Provisions with Major Budgetary Impact - Subpart I: Provisions Affecting Medicare Part A - Amends title XVIII (Medicare) of the Social Security Act to set the applicable percentage increase in hospital prospective payment rates at one percent for hospitals paid at the urban rate and 4.2 percent for hospitals paid at the rural rate for FY 1988, at the market basket percentage increase minus two percentage points for FY 1989, and at the market basket percentage increase minus 1.6 percentage points for FY 1990. Requires the Secretary to issue, within 120 days of this Act's enactment, clear and explicit implementing instructions which set forth the manner in which a sole community hospital may apply for a Medicare payment adjustment when its patient volume declines by more than five percent due to circumstances beyond its control. Amends the Medicare program to make the payment adjustment applicable to sole community hospitals experiencing such a decline in patient volume in a cost reporting period prior to October 1, 1990 (extended from October 1, 1988.) Allows a sole community hospital to qualify for such an adjustment without regard to the formula by which its Medicare payments are determined. Amends part A (General Provisions) of title XI of the Social Security Act to require that whenever the Secretary of Health and Human Services proposes a regulation or promulgates a final version of a regulation under titles XVIII (Medicare), XIX (Medicaid), or part B (Peer Review) of title XI of the Act which will have a substantial impact on small rural hospitals, the Secretary make a regulatory impact analysis available to the public. Requires the Secretary to: (1) develop a data base of the operating costs of inpatient hospital services for a representative sample of hospitals for use in determining appropriate adjustments to the Medicare prospective payment system and analyzing legislative, regulatory, and budgetary changes; and (2) report to the Congress on such data base by October 1, 1988. Directs the Secretary to develop and place into effect a data base of the operating costs of inpatient hospital services for all Medicare hospitals by June 1, 1989. Directs the Prospective Payment Assessment Commission to evaluate a specified study conducted by the Secretary into the feasibility and impact of eliminating or phasing out separate urban and rural prospective payment rates and report its conclusions and recommendations to the Congress by March 1, 1988. Amends the Medicare program to require the Secretary to regularly update the index representing the proportion of hospital costs attributable to wages on the basis of a survey of the wage-related costs of Medicare hospitals. Treats certain hospitals which are located in a rural county which is adjacent to one or more urban areas as being urban hospitals for Medicare payment purposes. Revises the method of calculating the wage index for the purpose of adjusting payments after December 1986, to a hospital which has been allowed to continue permitting billing by related organizations. Includes psychologists' services furnished to hospital inpatients as covered inpatient hospital services. Requires Medicare hospitals to place every patient covered under the Medicare program under a physician's care, rather than requiring that every patient be under such care. Directs the Prospective Payment Assessment Commission to conduct a study and report to the Congress by April 1, 1988, regarding possible modifications to the prospective payment system that will provide more adequate and appropriate payments for high cost (outlier) burn cases. Covers 90 percent of the costs by which burn cases exceed the point at which a case is designated as an outlier case. Changes the cost-effectiveness performance period under the hospital demonstration project reimbursement system. Prohibits the Secretary from altering the method for making Medicare payments to hospitals for the unrecovered costs associated with unpaid deductible or coinsurance amounts for inpatient hospital services. Directs the Secretary to include in the annual report to the Congress on the Medicare program a comparison between outlier payments to urban hospitals and outlier payments to rural hospitals. Classifies rural hospitals which have 272 or more beds as rural referral centers. (Currently, a rural hospital having 500 or more beds is designated a rural referral center.) Directs the Secretary to establish a grant program to assist small rural hospitals and their communities to plan and implement projects modifying the type and extent of services such hospitals provide in order to adjust for changes in the need for such services. Prohibits a grant to a hospital from exceeding a two-year term. Sets forth reporting requirements. Authorizes appropriations for FY 1989 and 1990. Amends the Omnibus Budget Reconciliation Act of 1986 to delay, from November 21, 1987, to December 31, 1988, the effective date of requirements relating to hospital standards for organ transplants and standards for organ procurement agencies. Amends the Medicare program to alter the formula for determining the amount to be paid to hospitals for their indirect costs of medical education. Directs the Secretary to enter into agreements with four hospitals to conduct three-year demonstration projects whereby such hospitals provide to rural hospitals, for one to three months of training, physicians who have completed one year of residency training. Sets the amount by which a hospital's Medicare prospective payments shall be reduced to account for its capital-related costs at ten percent of prospective payments for cost reporting periods occurring after November 20, 1987, and before the close of FY 1990. Postpones until FY 1990, the Secretary's authority to include capital-related costs in the prospective payment system. Prohibits the Secretary from changing the definition of "capital-related costs" or changing the methodology for paying hospitals for such costs prior to FY 1990. Prohibits Medicare periodic interim payments to a hospital serving a disproportionate share of low-income patients on or after July 1, 1990, unless such hospital demonstrates that the discontinuance of such payments would pose an immediate threat to the hospital's ability to operate. Defers periodic interim payments which would otherwise be made to disproportionate share hospitals during at least the last 21 days of FY 1989, until FY 1990. Extends, through FY 1990, the adjustment of Medicare payments made to hospitals which serve a disproportionate share of low-income patients. Subparts II: Provisions Affecting Medicare Parts A and B - Amends parts A (Hospital Insurance) and B (Supplementary Medical Insurance) of the Social Security Act to require that no Medicare claims be processed within ten days in FY 1988, 11 days in FY 1989, and 12 days in FY 1990. Subjects claims received from comprehensive outpatient rehabilitation facilities or rehabilitation agencies to prompt payment standards. Requires the Secretary to publish in the Federal Register, by September 1 before each fiscal year, the data, standards, and methodology to be used to establish budgets for fiscal intermediaries and carriers for that fiscal year. Amends the Tax Equity and Fiscal Responsibility Act of 1982 to increase appropriations in FY 1988 for use by fiscal intermediaries and carriers in carrying out provider cost audits and medical necessity reviews. Extends such appropriations through FY 1990, but at a lesser amount. Amends the Medicare program to prohibit the Secretary from assessing the performance of an intermediary or carrier by the sole consideration of the ratio of amounts saved by claim denials to amounts expended on provider review by the intermediary or carrier. Includes government entities within the requirement that large group health plans function as the primary payer for items and services covered under such plans and the Medicare program. Makes primary payer requirements applicable to end-stage renal disease payments. Subpart III: Provisions Affecting Medicare Part B - Amends part B of the Medicare program to increase the medical economic index by the full amount of the percentage increase for primary physicians' services and by one percent for other physicians' services in 1988. Provides incentive payments to physicians who furnish services on an assignment-related basis in a rural area designated as a health manpower shortage area under the Public Health Service Act. Prohibits the Secretary from setting the customary charge for a new physician's services at more than 80 percent of the prevailing charge for a service. Reduces the prevailing charge for cataract extraction with intraocular lens implant, intraocular lens insertion, coronary artery bypass surgery, total hip replacement, suprapubic prostatectomy, transurethral resection of the prostate, diagnostic dilation and curettage, and carpal tunnel release. Limits nonparticipating physicians' actual charges for such procedures if such reductions in prevailing charges result in reductions in the reasonable charges for such procedures. Makes certain changes in the calculation of maximum allowable actual charges for physicians who did not have actual charges for a procedure in the calendar quarter beginning on April 1, 1984, and in the application of such charges to a group practice. Makes the imposition of civil penalties for the improper use of assistants at cataract surgery inapplicable to surgery performed prior to March 1, 1987. Permits a peer review organization (PRO) and the appropriate carrier to approve the use of an assistant at cataract surgery if the use of an assistant is necessary to perform a surgical technique of established economic benefit that eliminates the need for an anesthesiologist or nurse anesthetist. Requires the Secretary to establish a separate utilization screen (used by carriers to check for possible overutilization of services) for physician visits to patients in rehabilitation hospitals and units. Directs the Secretary to enter into an agreement with any physician who, by reason of a breach of a contract entered into by such physician pursuant to the National Health Service Corps Scholarship Program, owes a past-due obligation to the United States under which deductions are to be made from amounts otherwise payable to the physician under the Medicare and Medicaid (title XIX of the Act) programs until the past-due obligation has been repaid. Sets forth a procedure for collecting such amounts from providers and health maintenance organizations with whom such physicians are employed. Directs the Secretary to report the results of a study by January 1, 1989, of the variations in conversion factors used by Medicare carriers in determining the prevailing charge for anesthesia services. Changes the date, from March 1 to May 1 of each year, by which the Physician Payment Review Commission must make recommendations to the Congress regarding adjustments to physician payment rates and the methodology for determining such rates. Sets a limit, determined pursuant to a specified formula, on the aggregate Medicare payment which may be made in a cost reporting period for the cost of outpatient hospital radiology services. Extends for one year, through 1989, current part B premium provisions. Increases part B coverage of outpatient mental health services, but excludes from such coverage brief office visits for the sole purpose of prescribing or monitoring prescription drugs used in treating mental disorders. Provides part B coverage of partial hospitalization services furnished incident to physicians' services to outpatients. Prohibits regulations providing for payment of a return on equity capital from including provision for specific recognition of any return on equity capital with respect to hospital outpatient departments. Updates the maximum rate of payment per visit for independent rural health clinics. Includes certified nurse-midwife services within covered part B services. Includes the services of clinical psychologists in the definition of covered rural health clinic services if such services would be covered if furnished by a physician or as incident to a physician's services. Provides part B coverage of psychologists' services furnished at community mental health centers pursuant to a fee schedule to be established by the Secretary. Provides part B coverage for therapeutic shoes furnished to individuals with severe diabetic foot disease. Requires that durable medical equipment furnished by a Medicare provider, other than inexpensive equipment or equipment deemed eligible for long-term rental, be purchased on a lump sum or lease-purchase basis. Allows the lump sum purchase of such equipment only where the expected duration of the medical need for such equipment warrants the assumption that a lump sum purchase would be less costly than a lease-purchase. Covers 80 percent of the reasonable charge for durable medical equipment bought on a lump sum basis. Provides coverage for the services of physician assistants in all settings. Sets the allowable charges for such services in different settings. Maintains the current formula for reimbursing hospitals which specialize in eye and ear surgical procedures beyond FY 1988 in the case of hospitals which receive over 50 percent of their revenues from eye and ear outpatient procedures. Directs the Secretary to report to the Congress within one year of this Act's enactment on modifying the amount of payments made to hospitals that specialize in specific surgical procedures. Subpart IV: Provisions Affecting PROs - Directs the Secretary to report to the Congress, within one year of this Act's enactment, on improved procedures for imposing sanctions against Medicare (title XVIII of the Social Security Act) providers which furnish items or services which are not medically necessary or do not meet professionally recognized health care standards. Amends part B (Peer Review) of title XI of the Social Security Act to require peer review organizations (PROs) to give providers whose services are denied Medicare coverage an opportunity for discussion and review of the determination before patients and organizations responsible for paying claims are notified of such determination. Amends the Medicare program to require that the Secretary's budget separately state the amount of budget authority for inpatient hospital services and the amount of budget authority for the PRO program. (Currently, PRO costs are included as costs incurred by hospitals in providing inpatient hospital services.) Amends part B of title XI of such Act to require the Secretary to publish in the Federal Register: (1) any new policy or procedure affecting PRO performance of contract obligations within 45 days prior to the effective date of such policy or procedure; and (2) the general criteria and standards used in evaluating PRO performance of contract obligations. Directs the Secretary to: (1) regularly furnish each PRO with a report that documents its performance in relation to other PROs; and (2) negotiate necessary contractual modifications with PROs before requiring them to perform additional functions. Provides that the Secretary's contracts with a PRO shall be for an initial three-year term and be renewable on a triennial basis thereafter. Requires the Secretary to give preference to contract with PROs which have their primary place of business in the State in which review will be conducted when choosing from among proposed contracts for peer review. Requires a PRO to perform 50 percent of its review activities each year on the sites where items on services are provided, including on-site review of each hospital in its area. Includes within PRO review the determination as to whether individuals enrolled with a health maintenance organization (HMO) have adequate access to services provided by or through such HMO. Requires a PRO to: (1) apprise HMO enrollees regarding the peer review system and the method of contacting the PRO; (2) conduct several educational sessions each year at hospitals to acquaint providers and hospital personnel with the criteria the PRO uses in making its determinations; (3) make arrangements for the initial review of psychiatric and physical rehabilitation services to be made by a physician who is trained in psychiatry or physical rehabilitation; and (4) consider, in developing norms of care, the special problems associated with delivering care in remote rural areas, the availability of service alternatives to inpatient hospitalization and social factors affecting the safety and efficacy of service delivery. Authorizes the Secretary to establish demonstration projects examining the feasibility of requiring instruction and oversight of rural physicians, in lieu of imposing sanctions, through the use of video communication between rural and teaching hospitals. Permits providers to represent Medicare beneficiaries during appeals of PRO determinations, but prohibits providers from imposing any financial liability on such beneficiaries in connection with such representation. Protects Medicare beneficiaries from liability for services which PROs determine are not covered under the Medicare program. Requires a hospital to notify a patient of its request that a PRO review its determination that such patient no longer requires inpatient hospital care if the attending physician disagrees with the hospital's determination. Subpart V: Provisions Affecting Medicaid - Amends the Medicare and Medicaid programs to impose a common set of requirements on Medicare skilled nursing facilities and Medicaid intermediate care facilities (nursing facilities). Includes within such set requirements that nursing facilities: (1) maintain clinical records on all residents and assess, upon the resident's admission and periodically thereafter, the resident's mental, physical, and psychosocial needs, utilizing a minimum data set to be established by the Secretary of Health and Human Services; (2) not admit any new resident, after 1988, who is mentally ill or retarded unless the State mental health authority deems such individual to require nursing facility services and decides whether the individual requires active treatment for mental illness or retardation; (3) provide 24-hour nursing services, employ at least one full-time registered professional nurse (both staffing requirements are currently imposed on skilled nursing facilities), and employ at least one full-time social worker; (4) provide care without requiring certain assurances regarding the source of payment for such services or discriminating against individuals who are eligible for Medicare or Medicaid; (5) protect specified resident rights and notify residents regarding such rights; (6) transfer or discharge a resident without the resident's consent only when such action is essential to the resident's welfare, the health or safety of others would otherwise be endangered, or the resident fails to pay allowable charges, and only after complying with specified procedures; (7) provide the Secretary, the States, service providers, and resident relatives with specified access and visitation rights; (8) maintain a quality assessment and assurance program which is attuned to the comments and complaints of nursing facility staff and residents; (9) require each of their nursing aides to successfully complete a training and testing program that entails competency-based testing before the assumption of direct resident care and at least 100 hours of initial training; and (10) protect a resident's personal funds. Requires, in addition, that Medicare skilled nursing facilities create or revise a written plan of care for each of their residents after making an assessment of their mental, physical, and psychosocial needs. Requires that, in addition to the preadmission review of mentally ill or retarded individuals, State mental health authorities conduct an annual review of mentally ill or retarded residents to determine whether such residents require nursing facility services and whether they require active treatment for mental illness or retardation. Directs that such preadmission and annual reviews be conducted in accordance with criteria to be developed by the Secretary by October 1, 1988. Sets forth required nursing facility responses to determinations as to whether such residents need nursing facility services and need, or do not need, active treatment for mental illness or retardation. Gives long-term residents who do not require nursing facility services, but who require active treatment, the choice of remaining in the facility or receiving covered services in an alternative setting. Requires nursing facilities to provide for the active treatment of residents in need of treatment for mental illness or retardation regardless of their continued need for nursing facility services or their discharge from such facility. Requires States to have an appeals process in effect by 1989 for mentally ill or retarded individuals adversely affected by a preadmission or annual review. Directs the Secretary to establish a program providing grants to Medicare skilled nursing facilities for facility projects that enhance the quality of care or life of facility residents. Sets forth reporting requirements. Authorizes appropriations for such program for FY 1988 through 1990. Provides for Federal inspection and certification of Medicaid intermediate care facilities. (Currently States survey and certify such facilities.) Requires that intermediate care and skilled nursing survey results be posted in a place accessible to patients. Amends part A (General Provisions) of title XI of such Act to authorize the Secretary to make provider performance reports available to the public after giving the provider 30 days (currently, 60 days) to review and comment on such reports, but removes time restrictions on the release of such information to ombudsmen. Amends the Medicare program to make the Secretary responsible for certifying State nursing facilities and States responsible for certifying other nursing facilities. Bases such certification on surveys to be conducted by a multidisciplinary team of professionals upon any change in the ownership of the nursing facility and, on an unannounced basis, at nine- to 15-month intervals. Subjects nursing facilities with poor compliance records to extended surveys. Directs the Secretary to develop and test a protocol for conducting surveys. Requires States to: (1) provide for the investigation of complaints against nursing facilities; (2) use specialized survey teams to survey and carry out enforcement action against chronically substandard nursing facilities; and (3) provide survey teams with specified training in survey and certification techniques. Requires that State long-term care ombudsmen be notified of any adverse action to be taken against a nursing facility. Directs the Secretary to establish criteria and procedures for evaluating a nursing facility's plans for the correction of its violation of Medicare and Medicaid nursing facility standards. Requires the Secretary to: (1) conduct surveys of no fewer than five percent of the nursing facilities surveyed by each State in a year to test the adequacy of each State's surveys; and (2) prescribe standards for measuring the performance of State survey and certification programs and sanctions against States failing to meet such standards. Requires that survey results and nursing facility cost report information be made available to the public. Directs the Secretary and the States to develop: (1) a range of intermediate sanctions to apply to nursing facilities whose violation of nursing facility standards does not immediately jeopardize the health and safety of their residents; and (2) specific criteria as to when and how intermediate sanctions are to be applied, with incrementally more severe fines being imposed for repeated or uncorrected deficiencies. Requires the Secretary to review, at least once every three months, the effectiveness of intermediate sanctions imposed by States. Authorizes the Secretary and the States to appoint a receiver to establish and oversee the implementation of a plan to bring nursing facilities into compliance with Medicare and Medicaid requirements when they chronically fail to satisfy such requirements or their deficiencies immediately jeopardize residents' health and safety. Directs the Secretary to compile and periodically update a list of items and services covered under each State Medicaid plan and make such list available to Medicaid beneficiaries and providers. Amends part A (General Provisions) of title IX of such Act to require the Director of the Office of Technology Assessment to establish a National Commission on Long-Term Care composed of members having expertise in the provision and financing of long-term care. Requires the Commission to advise the Congress regarding: (1) methods of ensuring the quality of care in long-term care facilities and home-care programs; (2) the costs, appropriate staffing, and reimbursement of such facilities and programs; and (3) the access of Medicare and Medicaid beneficiaries to such facilities and programs. Requires the Commission to investigate compliance with Federal Medicaid requirements in States which have low reimbursement rates for nursing home care and have a moratorium on nursing. Sets forth reporting requirements. Authorizes appropriations for such Commission. Amends the Medicaid program to set forth rules regarding the attribution of income and resources to institutionalized and community spouses. Provides that for the initial determination of an institutionalized spouse's Medicaid eligibility all the resources held by either the institutionalized or community spouse shall be considered available to the institutionalized spouse, except for an amount which equals: (1) the community spouse resource allowance determined without subtracting from such allowance resources otherwise available to the community spouse; or (2) the amount a court orders to be retained by the community spouse if such amount exceeds the resource allowance. Sets forth the formula for determining the community spouse resource allowance which provides the community spouse with at least $12,000 annually, with annual adjustments to such formula reflecting changes in the cost-of-living. Excludes from the determination of the institutionalized spouse's eligibility support which the community spouse owes to the institutionalized spouse, if the latter assigns his or her support rights to the State. Provides that after the initial eligibility determination: (1) no resources of the community spouse will be considered available to the institutionalized spouse; and (2) the income of the institutionalized spouse will not be considered to include a personal need allowance set at no less than the benefits available to an institutionalized individual under title XVI (Supplemental Security Income) of such Act and a community spouse monthly income allowance determined pursuant to a specified formula. Gives the institutionalized and the community spouse the right to a hearing to establish that the community spouse monthly income allowance or resource allowance is not adequate to support the community spouse without financial duress so that an adequate amount of support will be substituted for the allowance. Prohibits such income allowance from being less than court-ordered support payments. Delays the Medicaid eligibility of institutionalized individuals who disposed of their resources at less than fair market value within 24 months prior to applying for Medicaid benefits. Sets forth situations in which a delay shall not be applied. Allows States to: (1) extend Medicaid coverage to pregnant women and infants under age one whose family income exceeds current income eligibility standards, but does not exceed 185 percent of the Federal poverty level; and (2) impose a Medicaid premium on such coverage which does not exceed five percent of the amount by which a family's income exceeds the Federal poverty level. Authorizes States to accelerate the coverage of poor children under age five. (Currently, coverage would not be extended to all poor children under age five until FY 1991.) Allows States to extend Medicaid coverage to poor children under age eight. Directs the Office of Technology Assessment to conduct a study and report to the Congress by August 1, 1988, regarding children with special health care needs and the medical expenses incurred in meeting such needs. Amends part A (General Provisions) of title XI of such Act to increase the maximum amount of annual Medicaid payments which may be made to Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands and American Samoa. Authorizes the Secretary to waive or modify Medicaid requirements with respect to the Northern Mariana Islands. Amends the Medicaid program to authorize the Secretary to conduct an independent medical review of patient care in mental, skilled nursing, or intermediate care facilities and assess the appropriateness of the State's determination regarding such care. Requires a State's program of medical review of patient care to provide for the development of a corrective action plan for each deficient facility and describe the steps the State will take to ensure that such plan is implemented expeditiously. Sets forth requirements regarding the comprehensiveness of State on-site review of the care provided to Medicaid beneficiaries in mental, skilled nursing, or intermediate care care facilities. Requires that covered family planning services be available to health maintenance organization enrollees. Authorizes certain States to provide Medicaid coverage of individuals who receive only an optional State supplementary payment based on need. Subpart VI: Social Services and Income Security - Amends title XX (Block Grants to States for Social Services) of such Act to increase funding for such grants in FY 1988. Amends part A (General Provisions) of title XI to include American Samoa in the Social Services Block Grant program and the Child Welfare Services program under part B (Child Welfare Services) of title IV. Amends part E (Foster Care and Adoption Assistance) of title IV of such Act to extend, through 1989: (1) the conditional ceiling on Federal financial participation in foster care; and (2) the provision which permits a State to use, under the Child Welfare Services program, funds made available to it under the conditional ceiling that are not needed under part E. Amends the Adoption Assistance and Child Welfare Act of 1980 to extend indefinitely the provision permitting Federal financial participation in foster care for certain children voluntarily placed in such care. Provides that where a child for whom foster care payments are being made resides in the same foster home or child care institution as his or her son or daughter the payments made for such child shall include the cost of certain items provided to or on behalf of the child's son or daughter. Amends title XVI (Supplemental Security Income) (SSI) of such Act to increase SSI benefits payable to residents of medical facilities. Requires States making supplementary payments to residents of medical facilities who are receiving SSI benefits to increase and then maintain them at the increased level. Authorizes the Secretary to make an emergency cash advance to presumptively eligible individuals who are initially applying for SSI benefits up to the amount which would be payable for the first month to an eligible individual with no other income. Directs the Secretary, where necessary to avoid undue hardship, to suspend the penalties applied when individuals become SSI eligible by disposing of their resources at less than fair market value. Excludes payments under part A (Aid to Families with Dependent Children) (AFDC) of title IV of such Act from SSI income eligibility determinations. Excludes from SSI resource eligibility determinations real property which, for specified reasons, cannot be sold. Provides that SSI benefits shall not be reduced to the extent that amounts set aside for burial and related expenses are used for other purposes if the amount used for other purposes would not cause the individual to exceed SSI resource limits. Amends the Deficit Reduction Act of 1984 to permanently disregard in-kind assistance provided by nonprofit organizations to SSI or AFDC recipients in determining the need or eligibility of such recipients. Amends the SSI program to exclude death benefits from an individual's income for SSI eligibility purposes to the extent such benefits do not exceed amounts such individual expended on the deceased person's last illness and burial. Continues the provision of full SSI benefits to individuals whose institutionalization is likely to exceed three months during a continuous period of institutionalization and who need to continue to maintain and provide for the expenses of the home or living arrangement to which he or she may return after institutionalization. Amends the Employment Opportunities for Disabled Americans Act to authorize States to treat a husband and wife living in the same medical facility, whether or not they share a room, as though they were an SSI eligible individual and his or her eligible spouse rather than two eligible individuals. Amends the SSI program to prohibit individuals who are in a public emergency shelter for the homeless for more than six months in any nine-month period from being eligible for SSI payments. (Currently, SSI eligibility terminates when an individual has been in such shelter for more than three months in a 12-month period.) Entitles individuals who are applying for or receiving SSI benefits on the basis of blindness to elect to receive supplementary notice by telephone, initial notice by certified mail, or notice by some alternative procedure, of any determination made or other action taken with respect to such individual's SSI rights. Directs the Secretary to study the desirability and feasibility of extending such notices to other individuals who may lack the ability to read. Treats individuals who are ineligible for SSI benefits by reason of their receipt of widow's or widower's insurance benefits under the OASDI program as SSI recipients for purposes of the Medicaid program. Extends until July 1, 1988, the deadline for disabled widows or widowers who become ineligible for SSI benefits by reason of the increase in OASDI benefits caused by the Social Security Amendments of 1983 to apply for Medicaid coverage. Part B: Other Provisions - Subpart I: Medicare Provisions - Amends the Medicare program to require appropriate State or local agencies to maintain: (1) toll-free hotlines to collect, maintain, and continually update information on Medicare home health agencies located in the State or locality and receive complaints and answer questions regarding such agencies; and (2) units with enforcement authority and access to consumer medical records and survey reports to investigate such complaints. Sets forth publication requirements regarding the establishment of standards, and the interpretation and alteration of policy affecting Medicare coverage of extended care, home health care, and durable medical equipment benefits. Directs the Secretary to: (1) ensure that Medicare payment practices are consistent among Medicare carriers and fiscal intermediaries, and clearly understood by providers and beneficiaries; and (2) make the changes in automated data collection and retrieval needed to enhance the accessibility of information which accurately reflects the provision of Medicare extended and home health care benefits. Requires a Medicare home health agency to: (1) protect and promote the rights of each individual under its care; (2) furnish the State licensing entity with the name and social security number of any individual hired by the agency as well as information as to whether such individual has been convicted of a felony; (3) inform the State licensing entity of changes in agency ownership or control; (4) furnish items and services through licensed health professionals or persons who have completed or are enrolled in a training program which meets minimum standards established by the Secretary by July 1988; and (5) include the patient's plan of care within its clinical records. Requires an appropriate State or local agency to conduct a standard survey every nine to fifteen months and upon a change in the ownership of, or significant number of complaints against, a home health agency, of the quality of patient care provided by such agencies. Subjects home health agencies which perform poorly on such surveys to an extended survey. Directs the Secretary to evaluate the assessment process, report to the Congress on the results of such evaluation, and make appropriate modifications to such process by 1992. Requires the Secretary to develop and implement criteria and procedures for evaluating plans of correction submitted by home health agencies found out of compliance with Medicare participation requirements. Authorizes the Secretary to impose intermediate sanctions on agencies whose failure to correct deficiencies pursuant to approved plans of correction does not immediately jeopardize the health and safety of health care beneficiaries. Requires Medicare fiscal intermediaries which have denied a claim for home health or extended care services to: (1) furnish the provider and the individual with respect to whom the claim was made with a written explanation of the denial; (2) provide individuals seeking a reconsideration of a denial based on the lack of medical need with a physician's review of such denial; and (3) promptly notify such individual and provider of the disposition of such reconsideration. Sets time limits on processing reconsiderations of claim denials for home health, extended care, and durable medical equipment services. Prohibits the Secretary from implementing a program of prior authorization for Medicare home health and extended care services prior to six months after the Congress receives a required report (due by February 1, 1989) on a demonstration project concerning prior and concurrent authorization for such services. Sets forth fiscal intermediary consultation requirements. Directs the Secretary to: (1) conduct a study of and demonstration to test alternative methods of paying home health agencies on a prospective basis for Medicare services; and (2) submit legislative proposals to Congress by July 1, 1990, based on the results of such study. Requires the Secretary to conduct a study and report to the Congress by June 1, 1988, regarding the appropriateness of adjusting home health agency cost limits to take into account differences in the costs of urban and rural home health agencies. Directs the Secretary to develop and distribute to Medicare providers and fiscal intermediaries, for subsequent distribution to Medicare home health and extended care beneficiaries, a standard form describing: (1) Medicare coverage of home health and extended care services; and (2) a beneficiary's rights in, and the procedure for, appealing coverage denials. Amends title VII (Administration) of the Social Security Act to establish an Office of Rural Health Policy in the Department of Health and Human Services to: (1) advise the Secretary regarding the effects of changes in the Medicare and Medicaid programs on rural health care; (2) oversee compliance with provisions requiring regulatory impact analyses and rural health care demonstration projects; (3) establish and maintain a clearinghouse for collecting and disseminating information on rural health care; (4) coordinate rural health care activities within the Department of Health and Human Services; and (5) provide the Department with information regarding the rural health care activities of other Federal departments and agencies. Sets aside ten percent of amounts expended by the Secretary to be used on certain experiments and demonstration projects relating exclusively or substantially to rural health issues. Amends the Medicare program to set forth technical amendments related to certified registered nurse anesthetists. Directs the Secretary to enter into an agreement with no fewer than four eligible organizations for the provision of community nursing and ambulatory care on a prepaid, capitated basis for three years. Lists the services and supplies which comprise community nursing and ambulatory care. Defines an "eligible organization" as a public or private entity which: (1) primarily engages in the provision of community nursing and ambulatory care; (2) provides such care through or under the supervision of a registered nurse; (3) maintains clinical records on all patients; (4) maintains procedures for referring cases to or consulting with other health care providers; and (5) provides community nursing and ambulatory care in an area which the Secretary designates as a health manpower shortage area. Requires the Secretary to annually publish a per capita rate of payment for each class of enrollees equal to 95 percent of the adjusted average per capita cost for such class. Directs the Secretary to make monthly prepayments to such organizations in accordance with such rates. Authorizes retroactive payment adjustments to account for differences between the actual number of enrollees and the number of enrollees estimated for the purpose of determining the advance payment. Prohibits enrollee charges from exceeding charges for which they would be liable in the absence of their enrollment. Authorizes eligible organizations to provide enrollees with optional additional care. Requires the provision of additional care where the average of the per capita rates of payment to an organization exceeds the adjusted community rate for community nursing and ambulatory care, unless the organization elects to have such payments reduced or withheld. Makes certain Medicare provisions which are applicable to health maintenance organizations and competitive medical plans applicable to organizations providing care pursuant to this Act. Amends the Omnibus Budget Reconciliation Act of 1986 to extend, for two years, the waiver provided to a Connecticut hospice on limits placed on the provision of inpatient care in Medicare hospices. Amends the Medicare program to make a technical correction relating to the certification of podiatric teaching programs. Provides that there shall be no requirement that comprehensive outpatient rehabilitation facilities provide physical, occupational, or speech therapy at any fixed location so long as such services are delivered pursuant to a rehabilitation plan and payments are not otherwise made for the item or services under the Medicare program. Directs the Secretary and the Comptroller General to conduct a study and report to the Congress within six months of this Act's enactment on holding telephonic hearings on an individuals entitlement to Medicare benefits. Extends the prohibition on any demonstration projects relating to competitive bidding as a method of purchasing Medicare laboratory services for two years, until January 1, 1990. Amends title II (Old Age, Survivors, and Disability Insurance) (OASDI) of such Act to provide that when individuals become entitled to OASDI disability benefits by reason of a disability which previously entitled them to such benefits, both periods of entitlement shall count toward the two-year period of OASDI disability benefit entitlement required for Medicare eligibility despite an intervening period of gainful employment. Amends the Medicare program to impose civil monetary penalties and intermediate sanctions on HMOs which: (1) fail substantially to provide medically necessary items and services if the failure adversely affects the enrollee; (2) charge an individual a greater premium that is permitted; (3) act to expel or refuse to re-enroll an individual for medical reasons; (4) engage in any practice that denies or discourages enrollment by individuals whose medical condition or history indicates a need for substantial future medical services; (5) misrepresent or falsify information or; (6) fails to make prompt claim payments. Amends the Omnibus Budget Reconciliation Act of 1986 to provide a temporary waiver of the Medicare requirement that HMOs must have an enrolled population of which not more than 50 percent are Medicare or Medicaid beneficiaries to HMOs which had a pre-existing waiver of such requirement and received specified grants in FY 1987. Amends the Deficit Reduction Act of 1984 to extend, through FY 1992, waivers for demonstration of social HMOs which provide integrated health and social services on a prepaid capitated basis. Authorizes the Secretary to conduct demonstration projects to test alternative payment methodologies pertaining to Medicare capitation payments. Repeals a provision of the Medicare program allowing direct Medicare payment of hospital and skilled nursing facility charges for which HMOs are liable. Authorizes the Secretary, at the request of an HMO, to establish the annual rates for each year in advance of entering into a multi-year contract with an HMO. Subpart II: Medicaid Provisions - Amends the Medicaid program to require a State, under a home or community-based waiver, to cover home or community-based services provided pursuant to a written plan of care to individuals age 65 or older with respect to whom there has been a determination that but for the provision of such services the individuals would require the level of care provided in a skilled nursing or intermediate care facility, the cost of which could be reimbursed under the Medicaid program. Provides that such a waiver shall be for an initial three-year term and, upon a State's request, for additional five-year terms. Sets funding limitations. Prohibits the Secretary from placing a limit on the number of individuals receiving home or community-based services under a waiver granted prior to March 12, 1985. Prohibits model home or community-based services waivers from limiting by an amount less than 200 the number of individuals in the State who may receive services under such waivers. Authorizes the New Jersey Medicaid agency to establish a program providing health care on a prepaid basis through a separate entity (including a subdivision of the State Medicaid agency) responsible for the operation of such program in accordance with HMO requirements. Sets the Federal Medicaid matching rate for quality review of HMO services by a private accreditation body at 75 percent. Provides Medicaid coverage of medical and surgical services furnished by a dentist to the extent State law permits the provision of such services by both physicians and dentists. Authorizes New York, upon the Secretary's approval to conduct a three-year demonstration project testing its Prenatal/Maternity/Newborn Care Pilot Program as an alternative to existing Federal programs. Waives restrictions imposed on inpatient care for Medicaid hospice patients in the case of individuals afflicted with acquired immunodeficiency syndrome (AIDS). Prohibits the Secretary from reducing Medicaid payments to States having high erroneous payment rates for calendar quarters beginning before July 1, 1988. Subpart III: Social Services and Income Security - Amends part A (General Provisions) of title XI of the Social Security Act to establish a National Commission on Children, which is to serve as a forum on behalf of children and report to the Congress and the President by September 30, 1988, in the context of the purpose of appropriated provisions of the Social Security Act and other Federal laws, regarding questions relating to: (1) the health of children; (2) social and support services for children and their parents; (3) education; and (4) poverty among children. Amends part B (Child Welfare Service) of title IV of such Act to authorize appropriations for FY 1988, 1989, and 1990 so that the Secretary may make grants to public or private entities for the development of alternative care arrangements for infants who do not require hospitalization but would otherwise remain in inappropriate hospital settings. Directs the Secretary and the Comptroller General to conduct a survey regarding: (1) the number of infants and children with AIDS who have been placed in foster care; (2) the problems encountered by social service agencies in placing such infants and children in foster care; and (3) the potential increase in the number of infants and children with AIDS who will require foster care. Requires the Secretary to report to the Congress, within one year of this Act's enactment, regarding such survey and means of improving the care provided to such infants and children. Authorizes the Secretary to approve, as alternatives to the AFDC program, five-year demonstration projects testing: (1) New York State's Child Support Supplement Program; and (2) Washington State's Family Independence Program. Amends part D (Child Support and Establishment of Paternity) of title IV of such Act to eliminate the Child Support Revolving Fund in the Treasury. Authorizes the Secretary to make grants to up to ten States so that each may create an SSI Outreach and Eligibility Team Project to test the feasibility of developing and using special procedures to: (1) ensure that all homeless individuals in shelters understand their right to benefits under the SSI program and other Social Security programs; (2) assist such individuals in applying for benefits under such programs; and (3) ensure that all such individuals receive the benefits to which they are entitled. Requires the Secretary to report to the Congress at least annually regarding such outreach activities. Authorizes appropriations for such grant program. Amends the SSI program to reimburse States for the provision of interim assistance to individuals whose SSI benefits have been terminated or suspended, if such individuals are subsequently found to have been eligible for such benefits. Directs the Secretary of Labor to enter into an agreement with three States to conduct demonstration programs which provide individuals who would otherwise likely receive unemployment compensation for the maximum number of weeks that such compensation is available in a State during the year with an allowance assisting in such individuals' self-employment. Prohibits the total amount paid to an individual in a benefit year from exceeding amounts that could be paid to such individual for regular or extended unemployment compensation. Sets forth reporting requirements. Amends the Omnibus Reconciliation Act of 1980 to modify the effective date for State compliance with certain requirements regarding extended benefits under the Unemployment Insurance Program. Subtitle B: Revenue Provisions - Revenue Amendments of 1987 - Part I: Revenue Raising Provisions - Subpart A: Accounting Provisions - Amends Internal Revenue Code (IRC) accounting rules applicable to long-term contracts to require that taxable income from such contracts be determined under the percentage of completion method. Amends accounting provisions of the IRC to repeal the deduction for additions to an employer reserve for accrual of vacation pay. Amends IRC accounting provisions to: (1) repeal provisions under which a taxpayer's allocable installment indebtedness is allocated on a pro rata basis to certain installment obligations; (2) eliminate the installment method for dispositions of property by dealers, except with regard to certain farm property, timeshares, and residential lots; (3) require the payment of interest on tax deferrals on nondealer installment obligations that exceed $5,000,000; and (4) treat the net proceeds of indebtedness secured by an installment obligation as payment of such obligation. Denies a depreciation deduction for amounts paid or incurred to acquire customer base, market share, or similar intangible items. Subpart B: Estimated Tax Provisions - Delays for one year, from 1987 until 1988, implementation of the increase from 80 percent to 90 percent in the current year liability test for estimated tax payments by individuals. Prohibits an addition to any tax imposed on underpayments of estimated tax installments by corporations due on or before June 15, 1987, under certain circumstances (thus permitting corporations to use their 1986 tax in determining certain estimated tax installment amounts). Amends the IRC to allow employers to elect to have revised withholding certificates put into effect more promptly than is required under current law. Amends IRC provisions dealing with estimated income tax payments by corporations. Establishes the amount of the penalty for underpayment of estimated tax at the amount of the underpayment for the period of underpayment, plus interest on such amount. Revises the schedule for the payment of estimated tax installments. Specifies that the amount of the required annual estimated tax payment shall be the lesser of: (1) 90 percent of the current tax shown on the taxpayer's return (corporations having a taxable income of at least $1,000,000 for any taxable year during a specified period must use this option); or (2) 100 percent of the preceding year's tax liability. Permits lower estimated tax payments if the taxpayer can show that the installment payments or adjusted seasonal installments made over the year were adequate for each quarter based on annualized income and adjusted seasonal installment concepts described in this Act. Exempts from an estimated tax penalty any taxpayer whose tax liability is less than $500. Requires an addition to income tax when an adjustment of overpayment of estimated income tax by a corporation, made before the 15th day of the third month following the close of the taxable year, is found to be excessive. Repeals provisions of the IRC dealing with installment payments of estimated income tax by corporations. Subpart C: Corporate Provisions - Amends IRC provisions relating to the computation and payment of tax by members of an affiliated group filing a consolidated tax return. Sets a fixed 34 percent tax rate with respect to the taxable income of personal service corporations. (Such corporations are currently subject to graduated corporate rates.) Repeals provisions prescribing nonrecognition of gain or loss for property distributed to a parent corporation (80 percent distributee) in connection with the complete liquidation of a subsidiary. Amends the IRC to provide for similar nonrecognition treatment in such instances, but includes provisions describing cases in which the distributions are to be treated as taxable dividends. Revises provisions relating to the basis of property received in liquidations. Directs the Secretary to prescribe regulations to: (1) carry out the purposes of amendments included in this Act and in the Tax Reform Act of 1986 with respect to the recognition of gain and loss on distributions of property in liquidation; and (2) provide that in the case of the complete liquidation of a subsidiary, a liquidating corporation that is not a member of a consolidated group may elect not to recognize gain in the same manner as a member of a consolidated group. Amends IRC provisions relating the treatment of certain intragroup transactions in connection with the redemption of stock. Increases the percentage of income that a regulated investment company must distribute in connection with the excise tax on undistributed income. Subpart D: Partnership Provision - Amends the IRC to provide for separate treatment of publicly traded partnerships with respect to accounting rules applied to limitations of passive activity losses and credits. Directs the Secretary of the Treasury to study and report to specified congressional committees by January 1, 1989, on administrative and compliance issues related to the tax treatment of publicly traded partnerships and other large partnerships. Subpart E: Foreign Provision - Provides for the treatment of certain interest income of Netherlands Antilles controlled foreign corporations. Subpart F: Pensions Provision - Amends the IRC and the Employee Retirement Income Security Act of 1974 to revise the definition of "full funding limitation" in connection with an employer's deductible contributions to a qualified defined benefit plan. Subpart G: Estate and Gift Taxes - Extends permanently the 1987 estate and gift tax rates, the highest of which is 55 percent (applied to transfers over $3,000,000). Subpart H: Excise Taxes - Extends through December 31, 1990, the three percent excise tax on telephone service. (The tax is currently due to expire as of 1988.) Amends IRC provisions relating to the collection of the special fuels taxes on diesel fuel, special motor fuels, and certain nongasoline fuels used in aviation and in other vehicles. Subpart I: Employment Taxes - Amends the Social Security Act to eliminate the limit on wages or self-employment income subject to the hospital insurance tax. Amends the Railroad Retirment Tax Act to increase the tier 2 railroad retirement tax rate: (1) for employees from 4.25 percent to 4.9 percent; and (2) for employers from 14.75 percent to 16.1 percent. Establishes the Commission on Railroad Retirement Reform to conduct a comprehensive study of the issues relating to the long-term financing, structure, and objectives of the railroad retirement system. Requires that the resulting report, including detailed findings, conclusions, and recommendations, be submitted to the President and to the Congress no later than October 1, 1989. Terminates the Commission 60 days after submission of its report. Amends the Railroad Retirement Solvency Act of 1983 with respect to certain transfers to the Railroad Retirement Account to: (1) extend the applicability of the provision to benefits received through FY 1990 (currently FY 1988); and (2) delete a limitation on the aggregate transferable amount in connection with such transfers. Amends the Federal Unemployment Tax Act to revise Federal unemployment tax rate provisions, applying the 6.2 percent rate in calendar years 1988 through 1990, and the 6.0 percent rate in 1991 and thereafter. Amends the Social Security Act to: (1) provide for 1988 through 1990 transfers of funds from the Employment Security Administration Account to the Federal Unemployment Account and the Extended Unemployment Compensation Account; and (2) revise the limitation on the amounts permissible in these transferee accounts. Subpart J: User Fees - Directs the Secretary of the Treasury to establish a program requiring user fee payments in connection with requests to the Internal Revenue Service for ruling letters, opinion letters, determination letters, and similar actions. Sets forth criteria to govern such fees. Imposes an occupational tax of $1,000 per year on proprietors of: (1) distilled spirits plants; (2) bonded wine cellars; (3) bonded wine warehouses; and (4) taxpaid wine bottling houses. Reduces the rate to $500 per year for certain small proprietors. Increases existing occupational taxes as follows: (1) for brewers, from $110 per year to $1,000 per year for each brewery, with a reduced rate of $500 per year for certain small proprietors; (2) for wholesale dealers in liquors, from $255 per year to $500 per year; (3) for wholesale dealers in beer, from $123 per year to $500 per year; (4) for retail dealers in liquors, from $54 per year to $250 per year; and (5) for retail dealers in beer, from $24 per year to $250 per year. Repeals the occupational tax on limited retail dealers of liquors, wine, or beer. Replaces variable rates used with regard to nonbeverage domestic drawback claimants with a single rate of $500 per year. Denies the validity of a permit for certain tax-free industrial uses of distilled spirits unless the holder pays a special tax of $250 with respect to the relevant site. Imposes an occupational tax of $1,000 per year for each relevant premises on persons engaged in business as manufacturers of tobacco products, cigarette papers, and tubes, and on export warehouse proprietors. Applies a reduced rate of $500 per year for certain smal proprietors. Fixes criminal penalties for willful failure to pay the tax. Increases the occupational tax on importers and manufacturers of firearms from $500 per year to $1,000 per year and on dealers from $250 per year to $500 per year. Applies a reduced rate for small importers and manufacturers. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 with respect to: (1) the disposition of customs user fees; (2) the merchandise processing fee; (3) the fee imposed on the foreign content of certain articles returned to the United States after having been exported for processing abroad; (4) a prohibition of charges, other than authorized customs fees, in connection with the provision of customs services at foreign trade zones and bonded warehouses; and (5) the extension of customs user fees through FY 1990. (Current law prohibits the charging of fees after September 30, 1989.) Subpart K: Debt Collection - Amends the Deficit Reduction Act of 1984 to extend through 1990 provisions under which overpayments of Federal taxes may be used to offset non-tax debts owed to Federal agencies. (Currently, such offsets are permitted with respect to refunds payable before 1988.) Expresses the intent of the Congress that, to the extent practicable, the amendments made by the Deficit Reduction Act of 1984 with respect to the collection of non-tax debts owed to Federal agencies shall extend to all Federal agencies. Directs the Secretary of the Treasury to issue regulations to carry out the purposes of this paragraph. Directs the Comptroller General to study the operation and effectiveness of these provisions and to report findings to specified congressional committees no later than April 1, 1989. Subpart L: Limitation on Bonds - Amends Federal law to repeal the limitation on the amount of Government bonds issued to and held by the public with interest rates exceeding 4.25 percent per year. Subpart M: Pension Funding Requirements - Chapter 1: Modifications of Minimum Funding Standard - Amends the IRC and the Employee Retirement Income Security Act of 1974 (ERISA) to increase the amount charged to the funding standard account in the case of single employer defined benefit plans having more than 100 participants and an unfunded current liability for any plan year. Sets forth the formula for determining the amount of this increase. Amends ERISA provisions relating to unpredictable contingent event benefits. States that, with respect to plan years 1988 and thereafter, certain regulations that permit, for pension plan funding purposes, asset valuations based on a range of other than market value shall have no force and effect. Amends the IRC and ERISA to: (1) revise provisions governing the period during which employer contributions to pension plans may be made after the close of a plan year; (2) require quarterly estimated payments; and (3) set an interest rate to be applied in the event of contribution underpayments. Amends the IRC to increase from five percent to ten percent the rate of the initial tax on the amount of the accumulated funding deficiency when an employer fails to meet minimum pension plan funding standards. Amends ERISA to require an employer who fails to meet minimum funding standards to notify plan participants and beneficiaries under the plan of such failure. Amends ERISA to impose a lien upon all property and property rights of any person who fails to meet minimum funding standards and of any other person belonging to the same controlled group as that person. Requires the offending person to notify the corporation of such failure. Amends the IRC to provide for joint and several liability with respect to liability for taxes on the failure to meet minimum funding standards in cases when the employer is a member of a controlled group. Amends the IRC and ERISA with respect to waivers in connection with payments required to meet minimum funding standards, including provisions relating to interest on payments of waived contributions. Prohibits waivers for any plan year for which the plan in question has an unfunded current liability. Makes other funding changes in both the IRC and ERISA, including revisions of amortization periods applicable to the funding standard account. States that the maximum amount of the income tax deduction for employer contributions to defined benefit plans having more than 100 participants shall not be less than the unfunded current liability. Chapter 2: Treatment of Plan Terminations - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide that standard termination procedures are available only when plan assets are sufficient to meet termination liability. Revises provisions for distress terminations. Provides that bankruptcy proceedings are not a separate basis for distress termination. Requires that all members (not only a substantial number of members) of a controlled group satisfy the distress termination criteria. Authorizes the Pension Benefit Guaranty Corporation (PBGC) to make arrangements with contributing spouses and members of their controlled groups who may become (as well as those who are) liable for specified termination liability payments. Bases employer liability to participants upon the total outstanding amount of termination liability. Bases employer liability to the PBGC on the total amount of the unfunded guaranteed benefits, as of the termination date, of all plan participants and beneficiaries, together with specified interest. Imposes a lien where there is significant unfunded current liability of a single employer defined benefit plan. Imposes such lien in favor of the plan when the funded current liability percentage of the plan is less than 70 percent and the unfunded current liability of the plan is greater than $25,000,000. Imposes such lien upon the property and rights to property of the contributing sponsor and each member of the controlled group. Sets forth requirements for the amount and period of such lien and for its enforcement. Chapter 3: Increases in Premium Rates - Increases PBGC premium rates for employers maintaining single employer defined benefit plans under ERISA plan termination insurance provisions. Increases the flat-rate pre-participant premium to $14. Charges an additional exposure-related premium. Bases a formula for determining such exposure-related premium on an amount equal to $6 for every $1,000 of unfunded current liability, divided by the number of plan participants. Limits the aggregate increase in the per-participant premium by reason of the exposure-related premium to $70, but raises the amount of such cap on the basis of increases in the contribution and benefit base. Lowers the amount of such cap on the basis of certain previous contributions. Exempts plans with no more than 100 participants from such exposure-related premium. Provides for adjustments of such premium for plans with no more than 150 participants. Makes the contributing sponsor (as well as the plan administrator) of a single employer plan liable for premium payments. Makes each member of a controlled group liable for any premiums required to be paid by such contributing sponsor. Establishes a separate revolving fund to which the amount of both the flat-rate premium increases and the exposure-related premiums shall be credited. Allows transfers of such amounts to other funds, but prohibits their use to pay PBGC administrative expenses or benefits under any plan terminated before January 1, 1988, unless no other PBGC assets are available for such purpose. Part II: Technical Corrections - Technical Corrections Act of 1987 - Subpart A: Technical Corrections to Tax Reform Act of 1986 - Amends the IRC to make a technical adjustment to an assessment rule applicable when the owner of a large amount of cash is not identified. Revises the rate of the accumulated earnings tax on corporations from a variable rate based on income below and in excess of $100,000 to a flat 28 percent of accumulated taxable income. Makes a technical amendment relating to the exemption of certain individuals from the requirement to file an income tax return. Amends IRC and Social Security Act provisions relating to nonresident aliens temporarily in the United States for the purpose of studying at vocational or other recognized nonacademic institutions. Amends the IRC to delete provisions describing the treatment of Social Security benefits for purposes of defining earned income. Amends IRC provisions relating to the two percent floor on miscellaneous itemized deductions to: (1) add provisions concerning the coordination of such limitation with the limitation on the tax deduction for trade and business expenses; and (2) revise the determination of adjusted gross income of estates and trusts with respect to such limitation. Limits the tax deduction of expenses in connection with portions of dwelling units allocated to business uses. Amends provisions governing the computation of the earnings and profits of certain foreign corporations for purposes of determining the effect of depreciation on such earnings and profits. Amends the IRC with regard to the application of the accelerated cost recovery system (ACRS) in cases of: (1) certain property placed in service in churning transactions; (2) certain transfers; and (3) certain property subject to U.S. tax and used by a foreign person or entity. Permits greater taxpayer discretion in using the 150 percent declining balance method of depreciation for ACRS purposes and specifies the applicable recovery period to be used in such cases. Terminates special rules for the tax treatment of sound recordings for property placed in service after 1985. Makes other technical amendments and corrections relating to provisions: (1) modifying the ACRS; and (2) limiting expensing of depreciable assets. Revises Tax Reform Act (TRA) provisions specifying the effective dates of various provisions of new law. Makes technical amendments and corrections to a number of transitional rules provided in the TRA with respect to urban renovation projects. Makes technical amendments and corrections to the Tax Reform Acts of both 1986 and 1984 concerning property treated under prior tax acts. Adds a number of projects to those covered under special transitional rules. Amends the TRA concerning the applicability of modifications of the ACRS to a number of specific properties. Makes technical amendments and corrections to IRC and TRA provisions relating to transition property with respect to the former regular investment tax credit. Adds: (1) an exception to the application of certain adjustment rules relating to such credit; and (2) a number of properties to be considered as transition property. Revises ordering rules governing determinations as to whether certain business related credits are used in a taxable year or as a carryback or carryforward. Makes technical amendments to TRA provisions relating to the effective 15-year carryback of existing carryforwards of steel companies. Establishes rule criteria to apply to overpayments under this section. Amends the IRC special rule governing a pass-through of the income tax research credit. Amends the IRC to disallow use of any depreciation deduction with respect to: (1) any trademark or trade name expenditure; or (2) any railroad grading or tunnel bore. Makes technical amendments and corrections to TRA provisions relating to the modification of the investment tax credit for certain rehabilitation expenditures. Makes technical amendments to the IRC with respect to the low-income housing credit, including: (1) amendments of special rules for nontaxable transfers; (2) the addition of an exception to rules governing basis reduction for certain residential rental units; (3) the exclusion from the eligible basis of a building of amounts deducted for depreciation; (4) the addition of provisions applicable to rent-restricted units in cases when Federal rental assistance is reduced as a tenant's income increases; (5) provisions relating to limitations on the aggregate credit allowable with respect to projects located in a State; and (6) a prohibition of any carryback of the low-income housing credit before 1987. Corrects a reference in the Merchant Marine Act, 1936. Makes technical amendments and corrections to IRC and TRA provisions relating to capital gains. Revises: (1) the description of taxable income from foreign sources for capital gains purposes; (2) the definition of a "capital gains rate differential" and its applicability to the calculation of the bad debt reserves of certain financial institutions; and (3) provisions dealing with incentive stock options. Makes technical amendments to the TRA and the IRC to: (1) revise and limit the tax exclusion for the discharge of qualified farm indebtedness; and (2) provide for its coordination with other tax exclusions. Amends provisions relating to gain from the disposition of interests in oil, gas, geothermal, and other mineral properties. Makes technical amendments and corrections to the IRC and the TRA with respect to tax shelter and interest limitations, including provisions relating to: (1) interests in passive activities; (2) methods of accounting; (3) the definition of a "qualified investor" for purposes of the transitional rule for interests in low-income housing projects; (4) the phase-in of the limitation on investment interest; and (5) determinations of indebtedness for purposes of the personal interest disallowance, including provisions related to qualified residence interest. Makes technical amendments and corrections to TRA and IRC corporate tax provisions. Revises the percentage to be used in computing the deduction for dividends received from certain foreign sales corporations. Includes amendments relating to: (1) the reduction of corporate shareholders' basis in stock by the nontaxed portion of extraordinary dividends; (2) the limitation on net operating loss carryforwards and certain built-in losses following a change in corporate ownership, including provisions relating to built-in gains and gains attributable to stock acquisitions (section 338 gains), rules relating to constructive stock ownership, and treatment of foreign corporations; and (3) recognition of gain and loss on distributions of property in corporate liquidations. Restructures IRC provisions dealing with transfers of partnership and trust interests by corporations. Makes technical amendments relating to: (1) transfers of property from the United States to foreign corporations; (2) sales or exchanges of stock in certain foreign corporations; and (3) the treatment of C corporations that elect subchapter S status. Adds to the IRC provisions dealing with special allocation rules for certain partnership transactions. Makes technical amendments and corrections concerning: (1) the definition of "related persons" with respect to the installment method of accounting; (2) the treatment of amortizable bond premium as interest; (3) certain entities not to be treated as corporations, including a special rule for persons holding income interests; (4) the excise tax on undistributed income of regulated investment companies, including qualification rules and the addition of provisions requiring the reduction of capital gain net income by the amount of a company's net ordinary loss for a given calendar year; (5) the treatment of business development companies; and (6) the treatment of shield funds as separate corporations, including a special rule for abnormal redemptions. Makes technical amendments to TRA and IRC provisions with respect to real estate investment trusts, including: (1) provisions specifying asset and income requirements; (2) certain definitions; (3) distribution requirements; and (4) the excise tax on undistributed income of such trusts. Makes technical amendments to IRC provisions dealing with the taxation of real estate mortgage investment conduits (REMICs). Amends the IRC to impose a 34 percent tax on each REMIC's net income from foreclosure property. Reduces the amount of taxable income of a REMIC by the amount of such tax. Imposes a tax on contributions to a REMIC after the startup day in an amount equal to the amount of the contribution. Lists exceptions to such tax. Makes corrections to TRA and IRC rules for accruing the original discount on regular interests and similar debt instruments. Amends the TRA to direct the Secretary of the Treasury (Secretary) to: (1) study the operation of REMIC amendments and their competitive impact on savings and loan and similar institutions; and (2) report the results to specified congressional committees by January 1, 1990. Makes technical amendments and corrections to IRC provisions with respect to the alternative minimum tax, including provisions relating to: (1) the treatment of taxes on dividends from Puerto Rico and U.S. possession corporations; (2) adjustments applicable to individuals and to corporations; (3) tax preference items; and (4) the denial of certain losses and the determination of the amount of such losses. Disallows the deduction for personal exemptions in calculations to determine the taxable income of a noncorporate taxpayer for minimum tax purposes. Adds to the TRA provisions to reduce the amount of minimum taxable income for qualified taxpayers by the amount of the agreement vessel depreciation adjustment. Amends accounting provisions of the TRA and the IRC. Directs the Secretary to prescribe regulations as necessary to prevent the use of related parties, pass-through entities, or intermediaries to evade certain limitations on the use of the cash method of accounting. Includes technical amendments of provisions relating to: (1) the special rule for the spudding of oil or gas wells; (2) capitalization and inclusion in inventory costs of certain expenses; (3) accounting method modifications for long-term contracts, including the addition of provisions permitting the Secretary to prescribe a simplified procedure for allocation of costs in certain cases; (4) the taxable years of certain entities, such as partnerships and common trust funds; (5) allocation of installment indebtedness, including provisions dealing with dispositions of personal property under revolving credit plans and installment obligations arising out of certain stock or securities sales; (6) disallowance of the use of the installment method of accounting for certain obligations; and (7) income attributable to utility services. Makes technical amendments and corrections to TRA and IRC provisions concerning financial institutions. Includes amendments with respect to: (1) the credit for investment in certain depreciable property in cases when the mutual savings bank or other financial institution is a lessee; (2) interest incurred to carry tax-exempt bonds, including the addition of properties subject to transitional rules and of provisions relating to small issuers, refunding obligations, and composite issues; and (3) the treatment of losses on deposits or accounts in insolvent financial institutions, including provisions allowing an institution whose deposits are not insured under Federal law to elect to treat losses on account of its bankruptcy or insolvency as ordinary losses. Makes technical amendments to the TRA and IRC with respect to insurance products and companies. Includes amendments relating to: (1) phase-in provisions for insurance companies whose income is now taxable but was not previously subject to taxation; (2) the treatment of certain dividends and tax-exempt interest; (3) the discounting of unpaid losses and certain unpaid expenses; and (4) the alternative tax for certain small companies. Amends provisions of the Tax Reform Act of 1984 that permit a mutual life insurance company to elect to treat individual noncancellable accident and health policies as cancellable. Delays the effective date for diversification requirements with respect to accounts for certain variable contracts that provide for the payment of an immediate annuity. Makes a technical amendment in the Social Security Act concerning simplified employment pensions (SEPs). Amends IRC and TRA provisions dealing with limitation and nondiscrimination requirements applicable to pensions and deferred compensation plans. Includes amendments relating to: (1) the treatment of married individuals filing separate returns and living apart for purposes of the limitation on the deduction for qualified retirement contributions; (2) nondeductible contributions to individual retirement plans, including the institution of a $50 penalty for failure to report designated nondeductible contributions; (3) distributions on deferrals in excess of the $7,000 limitation on the exclusion from gross income; (4) adjustments to limitations on contributions and benefits under qualified plans; (5) modifications of provisions governing tax-deferred compensation plans of State and local government and of tax-exempt organizations, including a new criterion for plan eligibility; (6) special rules for SEPs, including a technical amendment to the Social Security Act and a new provision prohibiting employee election of a salary reduction arrangement in cases when the SEP does not meet the requirements necessary to ensure the distribution of excess contributions; (7) the application of nondiscrimination rules to integrated plans; (8) minimum employee coverage requirements for qualified plans, including new provisions to address employers having only highly compensated employees; (9) minimum vesting requirements, including technical amendments of the Employee Retirement Income Security Act of 1974; (10) certain definitions; (11) cash or deferred arrangements, including new provisions to govern distributions upon the termination of a plan or the disposition of either a corporation's assets or its interest in a subsidiary; and (12) nondiscrimination requirements for employer matching contributions, employee contributions, and tax-sheltered annuities. Amends TRA and IRC provisions dealing with the treatment of distributions and various other aspects of pensions and deferred compensation plans. Includes technical amendments and corrections with respect to: (1) the taxation of distributions; (2) the uniform additional tax on early distributions from qualified retirement plans, including the repeal of provisions triggering additional tax when an employee receives certain distributions before reaching age 59 1/2; (3) revision of the class of taxpayers permitted to elect to treat certain lump-sum distributions received in 1987 as if they were received in 1986; (4) the tax on nondeductible contributions to qualified employer plans; (5) the excise tax on the reversion of qualified plan assets to an employer; (6) the excise tax on excess distributions from qualified retirement plans, including an addition to the rules for computing excess retirement accumulation; and (7) the tax treatment of the Federal Thrift Savings Fund. Makes technical amendments to the Retirement Equity Act of 1984 and to the Employee Retirement Income Security Act of 1974. Makes technical amendments and corrections to TRA and IRC provisions relating to employee benefits and employee stock ownership plans (ESOPs). Includes amendments with respect to: (1) the loss of the tax-exempt status of any organization that is part of a plan failing to meet certain requirements; (2) cafeteria plans; (3) technical amendments of the Social Security Act; (4) the definition of the terms "wages" and "compensation" for certain purposes; (5) the imposition of an excise tax on funded welfare benefits funds that include discriminatory employee benefit plans; and (6) the deductibility of the health insurance costs of self-employed individuals. Amends the IRC to revise provisions relating to the estate tax deduction for proceeds received from a sale of employer securities to an employee stock ownership plan (ESOP) or worker-owned cooperative. Makes such a deduction available only if: (1) the decedent directly owned the securities immediately before death; and (2) after the sale, the securities are either allocated to participants or held for future allocation in connection with certain exempt loans or transfers of assets. Prohibits, except in a bona fide business transaction, the treatment of employer securities as allocated or held for future allocation insofar as they are so categorized in substitution of other employer securities so designated. Applies the deduction to any sales of qualified employer securities (current law applies only to sales made by the executor of the estate). Prohibits the amount of the deduction from exceeding: (1) the amount that would lead to a reduction in estate tax liability (before credits) equal of $750,000; or (2) 50 percent of the taxable estate. Disallows proceeds from being taken into account when: (1) they exceed the net sale amount of dispositions of employer securities by the plan during the year preceding the sale in question; (2) they are attributable to transferred assets (except for assets held by the ESOP on February 26, 1987); (3) the sale takes place after the estate tax return filing deadline; or (4) the decedent received the securities under certain specified conditions. Applies the deduction to employer securities that are: (1) issued by a domestic corporation having no stock outstanding that is readily tradable on an established securities market; (2) includable in the gross estate of the decedent; and (3) would have been includable if the decedent had died within a specified time period. Revises the requirements governing the contents of the written statement to be submitted by the executor of the decedent's estate in order to qualify for the deduction. Imposes an excise tax on ESOP dispositions of employer securities for which an estate tax deduction was allowed. Sets forth the amount of tax applicable to relevant taxable events as follows: (1) 30 percent of the amount realized from any disposition of employer securities by an ESOP or eligible worker-owned cooperative within three years of the group's acquisition of qualified employer securities; (2) 30 percent of the amount realized from a disposition (not within three years after acquisition) that occurs before allocation of such securities to participants' accounts in cases when the proceeds are not allocated; or (3) 30 percent of the repayment amount in cases of a payment by an ESOP of any part of a loan used to acquire employer securities from transferred assets. Sets out the ordering rules to govern dispositions of employer securities for purposes of this excise tax and another specified excise tax relating to ESOPs. Makes the excise tax inapplicable to: (1) dispositions to employees, in certain cases; (2) exchanges associated with the liquidation of a corporation into a cooperative or with other reorganizational purposes; and (3) sales effected to meet IRC diversification requirements relating to pension trusts. Places liability for the excise tax on the employer maintaining the ESOP or the eligible worker-owned cooperative. Amends TRA and IRC provisions relating to: (1) loans used to acquire employer securities, including provisions relating to the period of applicability of the exclusion of interest on such loans; and (2) qualification requirements for ESOPs. Makes technical amendments and corrections to foreign tax provisions of the TRA and the IRC. Includes amendments relating to: (1) limitations on the foreign tax credit, including a definition of "financial services income" for purposes of such limitations; (2) source rules for personal property sales, including the addition of a special rule for certain stock sales by residents of Puerto Rico; (3) the treatment of gain from the sale of stock of a foreign corporation when the gain would ordinarily be sourced in the United States but, pursuant to a treaty obligation of the United States, the taxpayer chooses to treat the gain as foreign source income; (4) rules for allocating interest, and so forth to foreign source income, including revisions to phase-in rules; (5) the taxation of income earned through foreign corporations, including special rules for certain captive insurance companies and for determining the earnings and profits of a controlled foreign corporation for purposes of computing amounts to be included in the gross income of U.S. shareholders; (6) deductions for dividends received from certain foreign corporations; (7) transitional rules with regard to U.S. possession source income; (8) the disposition of investment in U.S. real property; (9) certain passive foreign investment companies, including the interest charge on tax deferrals, the treatment of qualified electing funds, and a special rule for the treatment of certain foreign corporations owning at least 25 percent stock in a domestic corporation; (10) the branch profits tax on foreign corporations; (11) the treatment of deferred payments and appreciation arising out of business conducted by foreign corporations or by nonresident aliens within the United States; (12) withholding tax on amounts paid by partnerships to foreign partners; (13) income of foreign governments, including the addition of limitations on the exclusion from gross income of such income; (14) the treatment of losses of separate business units of dual residence corporations; (15) foreign currency transactions, including provisions for determining foreign taxes and the earnings and profits of foreign corporations; (16) tax treatment of the Virgin Islands (V.I.), including provisions for the coordination of U.S. and V.I. income taxes; and (17) the addition of provisions relating to the coordination of U.S. treaty obligations, amendments made by the TRA, and technical corrections effected by this Act; (18) taxation of domestic international sales corporation (DISC) income to tax-exempt shareholders; and (19) treatment of shared foreign sales corporations. Makes technical amendments and corrections to TRA and IRC provisions with respect to tax-exempt bonds. Includes amendments relating to: (1) various types of State and local bonds, including qualified small issue bonds, qualified student loan bonds, qualified mortgage bonds, and qualified 501(c)(3) bonds; (2) requirements applicable to certain private bonds, such as issues of scholarship funding bonds and volunteer fire department bonds; (3) arbitrage bonds, including refunding bond provisions dealing with governmental unit issuing $5,000,000 or less of bonds; (4) transitional rules relating to refundings and to the volume cap; (5) termination of the mortgage bond policy statement requirement; (6) provisions relating to certain established State programs, including a technical amendment of the Mortgage Subsidy Bond Tax Act of 1980; and (7) transitional rules for specific facilities. Makes technical amendments and corrections to IRC and TRA provisions dealing with the income taxation of trusts and estates, including provisions relating to: (1) reversionary interests; (2) the taxable year of trusts; (3) exceptions for charitable trusts, and private foundations and certain trusts and estates from the penalty tax for failure to pay estimated income tax. Makes technical amendments and corrections of the IRC and TRA relating to the unearned income of minor children, including new provisions addressing the alternative minimum tax. Makes technical amendments and corrections to IRC and TRA provisions with respect to the generation-skipping transfer tax, including provisions concerning: (1) a deduction from such tax for certain transfers for public, charitable, and religious uses; (2) special rules for determining the inclusion ratio for certain inter vivos transfers; (3) disregard of certain support obligations arising under State law when determining a person's interest in a trust; (4) the treatment of certain partial terminations of trusts and of nonreportable gifts to trusts; and (5) special rules governing certain transfers to grandchildren. Makes technical amendments and corrections to compliance and tax administration sections of the TRA and the IRC, including amendments relating to: (1) the penalty for tax underpayment due to negligence and fraud; and (2) reporting requirements applicable to real estate transactions, including provisions excluding certain farm managers from the definition of "broker" and prohibiting a real estate reporting person from separately charging a customer for making certain required filings. Creates an exception from information reporting requirements for certain classified and confidential contracts between a Federal executive agency and another person. Makes technical amendments with respect to certain tax-exempt organizations subject to corporate estimated tax rules. Broadens the scope of veterans' service-connected disability payments exempt from levy for tax collection purposes. Declares that certain salary recommendations submitted by the President for special trial judges shall not be effective to the extent such salaries are not equal to 90 percent of the rate for Tax Court judges and are not paid in the same installments as Tax Court judges' salaries. Makes technical amendments and corrections to TRA and IRC provisions with respect to retirement pay for U.S. Tax Court judges. Amends the IRC to include the refundable earned income credit in deficiency assessments. Makes technical amendments and corrections to TRA and IRC provisions with respect to the tax-exempt status of certain title holding corporations or trusts (an exception initiated by the TRA). Makes other technical amendments and corrections to TRA and IRC provisions, such as amendments relating to the excise tax on gasoline and its companion floor stocks tax. Makes technical amendments and corrections to the IRC and to the Tax Reform Acts of both 1984 and 1986 relating to: (1) tax-exempt entity leasing provisions as applicable to tax-exempt controlled entities; (2) the nonrecognition of gain or loss with respect to certain transfers in connection with corporate reorganizations and the treatment of distributions in such cases; (3) the deductibility of excess golden parachute payments; (4) accounting changes with respect to designated settlement funds; (5) the exclusion from gross investment income of dividends from certain subsidiaries of life insurance companies; and (6) special rules for stripped bonds of tax-exempt organizations. Repeals provisions added to the Tariff Act of 1930 by the Tax Reform Act of 1986 with respect to compensation of ocean freight forwarders. Makes technical amendments related to the Medicare program and to pension plans, including technical amendments to the Employee Retirement Income Security Act of 1974 and the Public Health Service Act. Adds to the IRC new provisions concerning elections under qualified pension arrangements with respect to spousal benefits. Subpart B: Amendments Related to Tax Provisions in Other Legislation - Makes technical amendments and corrections to IRC provisions relating to: (1) directions to the Secretary to provide regulatory guidance to govern circumstances when a refund of the excise tax on certain chemicals shall be made directly to an exporter; (2) substances subject to the excise tax on imported chemicals; (3) the addition of an exemption of regulated investment companies and real estate investment trusts from the environmental tax; (4) the tax on certain fuels to fund the Leaking Underground Storage Tank Trust Fund; (5) taxation of qualified methanol and ethanol fuel; (6) the excise tax exemption for gasoline used in aviation and for the Leaking Underground Storage Tank Trust Fund tax as applied to gasoline used in aviation and in trains; (7) the floor stocks tax on gasoline; (8) the ordering of amendments made by the Superfund Revenue Act of 1986 and by the Harbor Maintenance Revenue Act of 1986 of provisions related to the excise tax on fuel used in commercial transportation on inland waterways; and (9) exemption from the port use excise tax for cargo transported between Alaska, Hawaii, and any U.S. possession for ultimate use or consumption at the relevant destination. Amends the Harbor Maintenance Revenue Act of 1986 to delay from November 17, 1987, to April 1, 1988, the due date for the Secretary of the Treasury's study of cargo diversion. Makes technical amendments to the Omnibus Budget Reconciliation Act of 1986 with respect to tax-exempt mutual or cooperative telephone or electric companies, as well as pension plans under the IRC and the Employee Retirement Income Security Act of 1974. Part III: Miscellaneous Provisions - Subpart A: Individual - Amends the IRC to provide that the prohibition against indirect income tax deductions through pass-through entities shall not apply to any regulated investment company whose shares are: (1) continuously offered pursuant to a public offering; (2) regularly traded on an established securities market; or (3) held by or for at least 500 persons at all times during the taxable year. Permits a parent to claim the unearned income of a child on the parent's income tax return when the child's income consists solely of unearned income of more than $500 but less than $5,000. Exempts such unearned income from the imposition of gift tax. Provides that amounts paid for qualified home improvements to mitigate radon gas exposure shall be treated as deductible medical care expenses for income tax purposes. Makes retroactive to taxable years 1979 through 1985 a specified change made in the income tax treatment of foster care payments in the context of their exclusion from income. Permits an 80 percent income tax deduction of contributions to or for an institution of higher education, even if the taxpayer receives, as a result of paying such an amount, the right to seating or the right to purchase seating in the institution's athletic stadium. Extends to ambassadors and foreign service officers special rules with respect to the rollover of gain on the sale of a principal residence. Subpart B: Depreciation - Amends the IRC with respect to the income tax depreciation deduction as applied to citrus trees. Amends an IRC rule for computing the income tax credit for investments in long-term hydroelectric projects delayed by natural disasters. Subpart C: Corporations - Amends IRC and TRA provisions relating to: (1) net operation losses of certain financial institutions following ownership change in title 11 cases; (2) recognition of gain or loss on distributions by cooperative housing associations in the context of a complete liquidation; and (3) ownership changes in corporate reorganizations resulting from certain bankruptcy proceedings. Subpart D: Tax Administration - Chapter 1: Disclosure of Return Information - Amends the IRC to permit, under certain circumstances, the disclosure of income tax returns and return information to officials of municipalities with a population of more than 1,500,000. (Present law allows such disclosure only to municipalities with a population in excess of 2,000,000.) Chapter 2: Taxpayer Rights - Omnibus Taxpayer Bill of Rights - Requires the Secretary of the Treasury (Secretary) to prepare a statement setting forth in nontechnical terms: (1) the rights and obligations of a taxpayer and of the Internal Revenue Service (IRS) during a tax audit; (2) the procedures by which a taxpayer may appeal adverse decisions, prosecute refund claims, and file complaints; and (3) the procedures that the IRS may use in enforcing revenue laws. Directs the Secretary to transmit drafts of such statement to specified congressional committees and to distribute the final statement to all taxpayers the Secretary contacts with respect to the determination or collection of any tax (other than the provisions of tax forms). Requires the IRS, upon taxpayer request, to permit any taxpayer, at his or her own expense, to record any interview regarding the determination or collection of any tax. Authorizes the IRS interviewer to record such interview if the taxpayer has been given prior notice and is provided, upon request and payment of reproduction costs, with a transcript of the recording. Requires the interviewer to explain to the taxpayer the audit process, including the taxpayer's rights with respect to the process. Directs the Secretary, within one year of this Act's enactment, to issue regulations with respect to the time and place of certain taxpayer interviews and examinations of taxpayer records. Authorizes the Secretary to abate any portion of any penalty or interest imposed on any deficiency attributable to erroneous advice in writing given to a taxpayer by an IRS officer or employee in response to such taxpayer's specific inquiry. Authorizes the IRS Ombudsman, upon application filed by a taxpayer, to issue a Taxpayer Assistance Order if, in the determination of the Ombudsman: (1) the taxpayer is suffering or is about to suffer from an unusual or irreparable loss as a result of the manner in which the internal revenue laws are being administered by the Secretary; and (2) the Secretary has failed to carry out any of his or her duties or has violated any provision of law. Allows the terms of a Taxpayer Assistance Order to require the Secretary to release property of the taxpayer levied upon or to cease or refrain from certain actions. Directs the Secretary, within 90 days of this Act's enactment, to issue regulations with respect to Taxpayer Assistance Orders, including provisions to assure full, fair, and impartial due process for affected taxpayers. Amends the Inspector General Act of 1978 and other Federal law to establish within the Department of the Treasury an Office of Inspector General. Transfers to such Office the existing audit and investigation units of the Department. Sets forth criteria with respect to: (1) the authority of the Inspector General to conduct an investigation; and (2) the authority of the Secretary in cases of audits or investigations requiring access to information of a sensitive or confidential nature. Allows the Secretary to prohibit investigations under specified circumstances. Restricts disclosure by the Inspector General of tax returns and return information. Prohibits records of tax enforcement results from being used to evaluate certain IRS personnel or to impose or suggest production quotas. Requires district directors to certify compliance with this mandate on a monthly basis. Requires the Secretary to certify that a rule proposed by the IRS is substantially the only alternative that meets the mandate of the relevant statute in order for the rule to be considered an interpretative rule (and thereby not subject to analyses under the Regulatory Flexibility Act). Amends the Regulatory Flexibility Act to require regulatory flexibility analyses to include consideration of both the direct and indirect beneficial and negative effects of a proposed or final rule. Amends the Internal Revenue Code to direct the Secretary, with limited exceptions, to send a preliminary letter of deficiency to a taxpayer prior to the mailing of a deficiency notice. Specifies required contents for tax due notices and deficiency notices, including the basis of the deficiency and a breakdown of the total amount into tax, interest, and penalty. Directs the Secretary, within 90 days of this Act's enactment, to issue regulations requiring all IRS personnel to explain and support their position in assessing any additions to tax or penalties. Requires the Comptroller General to study IRS procedures with respect to such assessments and to present findings to specified congressional committees. Authorizes the Secretary to enter into a binding agreement with a taxpayer under which the taxpayer may pay tax liability in installments if the Secretary determines that such an agreement will facilitate collection of the liability. Permits the Secretary, after proper notice and a hearing, to modify or annul the agreement upon the finding that the financial condition of the affected taxpayer has significantly changed Permits the Secretary to modity or annul an agreement if the taxpayer fails to pay any installment or any other tax liability when due. Extends from ten to 30 days the period between the required notice to a person who neglects or refuses to pay tax liability and a levy on such person's salary, wages, or other property. Specifies information that must be incorporated in such notice, including possible alternative actions and the appropriate appeals procedures. Adds to the circumstances triggering termination of such a levy: (1) an agreement between the taxpayer and the Secretary for payment of the liability; and (2) the Secretary's determination that the taxpayer's financial condition precludes enforceability of the liability. Revises the list of property exempt from levy to: (1) increase the exempt amount permitted for certain personal effects, the property of a business, and wages; and (2) provide an express exemption, except under limited circumstances specified in this Act, for the taxpayer's principal residence, a motor vehicle used by the taxpayer as the primary means of transportation to work, and any tangible personal property essential to the operation of the taxpayer's business in cases when a levy would prevent the taxpayer from carrrying on such business. Prohibits a levy on any property when levy and sales expenses would exceed either the liability for which the levy is made or the fair market value of the levied property. Permits the Secretary to demand surrender of bank accounts only after 21 days in escrow have passed since service of the notice of levy on the accounts. Sets forth situations in which the Secretary must release a levy. Applies to jeopardy levies the administrative and judicial review procedures currently applicable to jeopardy assessments. Permits a taxpayer to bring a civil action against the United States in the Tax Court for judicial review of jeopardy levies and assessments. (Under current law an action for judicial review of jeopardy assessments may be filed only in district court.) Increases the time during which a taxpayer may petition for such review. Describes the jurisdictional requirements to be applied to such actions. Allows an administrative appeal of tax liens. Grants to the Tax Court exclusive jurisdiction to enjoin premature assessments if the taxpayer has filed a timely petition for review. Provides for review of such injunctive orders by the U.S. Court of Appeals. Grants to the Tax Court jurisdiction to enforce payment by the Secretary of refunds of overpayment and interest to taxpayers. Places on the Secretary the burden of proof of justifying any failure to refund, credit, or offset relevant amounts with respect to a taxpayer. Entitles a prevailing taxpayer to: (1) an interest rate of 120 percent of the overpayment rate with respect to refunds; and (2) reasonable litigation costs. Grants to the Tax Court jurisdiction to: (1) review jeopardy assessment sales of assets; and (2) redetermine interest under certain circumstances when a taxpayer claims an overpayment of the interest. Vests in the Tax Court original jurisdiction over any civil action against the Secretary for the recovery of any tax, additions to tax, and penalties with respect to income, estate, gift, and certain excise taxes. Authorizes an award of reasonable litigation costs to the prevailing party in proceedings by taxpayers before the Internal Revenue Service. Permits a taxpayer to bring a civil action in district court for actual damages resulting from the failure of any Federal officer or employee to release a tax lien on the taxpayer's property. Permits a civil cause of action in district court for damages resulting from the careless, reckless, or intentional disregard of internal revenue laws by any Federal officer or employee. Denies damage awards in cases of contributory negligence. Authorizes a damage award, to a $10,000 maximum, to the United States in cases of frivolous or groundless claims by a taxpayer. Amends the Internal Revenue Code to prescribe criminal penalties for: (1) any investigation or surveillance authorized or conducted by an officer or employee of the United States in connection with Federal tax laws that inquires into the beliefs, associations, or activities of any individual or organization; or (2) the maintenance of any records containing information derived from such an investigation. Establishes in the Internal Revenue Service the Office for Taxpayers Services, under the supervision of an Assistant Commissioner of the Internal Revenue. Directs this Assistant Commissioner to: (1) be responsible for telephone, walk-in, and educational services, and for the design and production of tax and information forms; and (2) prepare annually for presentation to specified congressional committees a joint report (with the Taxpayer Ombudsman for the IRS) on the quality of taxpayer services. Subpart E: Tax-Exempt Organizations - Deems certain grants made by a private foundation to have a charitable purpose. Amends the Tax Reform Act of 1984 with regard to a certain operating foundation. Amends the Tax Reform Act of 1969 with regard to the business holdings of certain private foundations. Subpart F: Excise Taxes and Fees - Amends the IRC to provide that the harbor maintenance tax shall not be imposed in cases involving the transportation of passengers on trips: (1) originating on the U.S. mainland and ending in Hawaii, Alaska, or a U.S. possession; or (2) originating in Hawaii, Alaska, or a U.S. possession and ending on the U.S. mainland. Exempts from the harbor maintenance tax charitable and relief cargo exported for use or consumption outside the United States by a tax-exempt nonprofit organization. Revises the definition of "first retail sale" in connection with the truck excise tax. Repeals the windfall profit tax on domestic crude oil. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to prohibit the charging of a customs services fee with respect to certain transfers of goods wholly produced in certain facilities located on the U.S. border. Subpart G: Tax Exempt Bonds - Amends IRC mortgage revenue bond provisions to create a special rule in connection with income requirements for high housing cost areas. Directs the Secretary of the Treasury to amend certain regulations relating to mortgage bond purchase price requirements. Declares that certain arbitrage regulations shall be prospective in effect and shall not be issued as temporary regulations. Amends the IRC to provide that rebate to the United States shall not be required on bona fide debt service funds of governmental issues. Subpart H: Low-Income Housing Credit - Amends the IRC with respect to the low-income housing income tax credit, including amendments that: (1) modify waiver authority in connection with time requirements applied to federally-assisted or federally-insured buildings; (2) permit the use of State median gross income for determining qualified low-income housing project status; (3) modify the period for determining the adjusted basis for existing buildings; (4) permit corporate ownership of partnerships; (5) create an exception to the transfer of ownership rule with respect to certain partnerships; and (6) add a special rule relating to the eligible basis for certain single-family housing. Subpart I: Pension provisions - Amends IRC pension provisions to: (1) specify the required beginning date for governmental plans; and (2) create a special rule with respect to the limitation of benefits under State and local government defined benefit plans. Amends the IRC to treat air cargo transportation as a fringe benefit for income tax purposes, thus excluding the value of such service from gross income, when such transportation qualifies as a no-additional-cost service. Permits a plan maintained by a rural telephone cooperative to be treated as a qualified cash or deferred arrangement (401(k) plan) for income tax purposes. Exempts: (1) certain Federal plan distributions from the ten percent additional tax on early distributions from qualified retirement plans; and (2) certain deferred compensation from accounting provisions relating to the year in which amounts are included in gross income. Amends the IRC to include as "collectibles" coins issued under the law of any State, thus requiring their acquisition by an individual retirement account to be treated as a distribution for certain income tax purposes. Subpart J: Foreign - Amends the IRC source rules for personal property sales to create a special rule for certain financial institutions. Increases from 50 percent to 67 percent the amount of research and development expenditures that a company must allocate to income from sources within the United States. Establishes a special rule for the qualified research and experimental expenditures required by governmental entities. Requires companies to report on a consolidated basis with respect to the expenditures associated with this source rule. Amends IRC transfer pricing rules with respect to mineral income of foreign sales corporations. Amends the IRC definition of "qualified cooperative" for purposes of taxation of foreign sales corporations to include seafood products. (Current law includes only agricultural and horticultural products.) Subpart K: Minimum Tax - Amends the IRC with respect to the alternative minimum tax to: (1) revise provisions relating to adjustments based on adjusted current earnings with respect to annuity contracts and timeshares; and (2) allow rural telephone and electric cooperatives to exclude allocations in the nature of patronage dividends when determining net book income. Subpart L: Insurance - Amends the IRC to state that charitable gift annuities (those owned by an individual who made a tax-deductible charitable contribution to the annuities issuer) are not commercial-type insurance for purposes of determining the tax-exempt status of an organization. Directs the Secretary of the Treasury to revise the table used to determine the amount of a charitable contribution to reflect interest rates and recent mortality experience. Amends the IRC to treat as life insurance policies certain self-funded death benefit plans maintained by churches for their employees, thus excluding the benefits provided through such plans from gross income for income tax purposes. Subpart M: Accounting Provisions - Amends the IRC to add provisions to govern the establishment by funeral homes of funeral trusts to receive contributions to pay the funeral costs of individuals. Imposes on such trusts, in lieu of the usual income tax on estates and trusts, a 15 percent annual tax on the taxable income of the trust. Sets forth guidelines with respect to such trusts and the income they generate, including a tax exclusion of amounts accruing to an eligible beneficiary. Amends the IRC to permit production credit associations and banks for cooperatives an income tax deduction for any reasonable addition to a reserve for bad debts. Amends the IRC to add provisions relating to the discharge of qualified farm indebtedness of solvent farmers in connection with toxic waste programs. Provides that certain short-term loans made in the ordinary course of business of certain taxpayer banks or other financial institutions shall not be subject to requirements governing: (1) the current inclusion in gross income of the discounts on such obligations; and (2) the deferral of the deduction for net direct interest expenses allocable to the accrued discount on such obligations. Provides that, for income tax purposes, grants received from Federal entities shall not be included in the gross income of SEMATECH. Amends the IRC to: (1) revise the definition of "timber" as applied to evergreen trees with respect to gain or loss attributable to sales and exchanges of timber; (2) disallow the use of the look-back method of computing interest with respect to certain long-term contracts subject to the percentage of completion method of accounting. Amends the TRA to add a special rule governing the allocation of indebtedness as payment of installment obligations in the case of certain fiscal year taxpayers. Amends IRC accounting provisions with respect to inventory cost capitalization rules applied to free lance authors and photographers. Permits a partnership, S corporation, or personal service corporation, unless it is part of a tiered structure, to elect to have a taxable year other than the required one, but generally only if the deferral period of the taxable year elected is three months or less. (Current law requires partnerships, S corporations, and personal service corporations, in most cases, to conform their taxable years to the calendar years used by their owners.) Subjects the principals of a partnership or S corporation electing to change taxable years to additional estimated tax requirements to offset any tax deferral resulting from such election. Imposes deduction limitations on a personal service corporation that changes taxable years. Provides that an election with respect to taxable year shall be made by the partnership, S corporation, or personal service corporation and shall be binding on all partners and shareholders. Sets forth the formula for determining the additional tax requirement when a taxpayer: (1) is a partner or shareholder in at least one such entity during any applicable election years of the entity that end within the taxpayer's taxable year; and (2) has an aggregate deferred tax exceeding $200 with respect to the entity. Describes payment procedures. Requires the inclusion of specified information on returns filed by partnerships and S corporations that elect to use a non-required taxable year. Limits the tax deduction permitted to a personal service corporation for amounts paid or incurred with respect to employee-owners when such a corporation: (1) elects to have a taxable year other than the required one; and (2) fails to meet certain minimum distribution requirements regarding non-dividend amounts paid to owners. Amends the IRC with respect to accounting methods applicable to certain nonrecourse financing on property acquired by a taxpayer from a savings and loan association. Subpart N: Coordination with Congressional Budget Act of 1974 - Provides that any provision of this Act shall be null and void to the extent it violates specified budget limitations. Title V: Civil Service and Governmental Affairs Generally - Provides for a three percent pay increase for Federal employees for FY 1988. Requires the President to provide for a pay adjustment for FY 1989 and 1990 for Federal employees as appropriate to reduce outlays by specified amounts. Makes the FY 1988 pay increase for Federal employees inapplicable to Members of Congress. Cash Management Improvement Act of 1987 - Authorizes the Secretary of the Treasury to collect a charge from each executive agency that does not comply with regulations regarding the timely disbursement of Federal funds through cash, checks, electronic funds transfer, or any other means prescribed by the Secretary. Requires the deposit of such charges in the Cash Management Improvements Fund. Requires States and Federal agencies to minimize the time elapsing between transfer of funds from the Treasury and the issuance or redemption of checks, warrants, or payments by other means. Directs the Secretary to issue regulations requiring a State to pay interest on funds from the time of deposit until disbursement. Requires the Government to pay interest to a State that disburses its own funds under a Federal program. Requires the budget submitted by the President to include a statement of such interest payments. Requires States that receive refunds of grant funds to return such refunds to the executive agency administering the grant program or apply such funds to reduce the amount of funds owed to the State under the grant program. Requires States to account for grant money made available to them as U.S. Government grant money in the accounts of the State. Provides for periodic audits of the implementation of this Act. Directs the Secretary to study and make recommendations concerning standards for the establishment of lockbox systems for executive agencies. Defines such a system as the use of locked post office boxes for the receipt of payments. Sets forth a schedule for the implementation of such a system. Requires a Federal agency or instrumentality which does not receive an appropriation for its deposit into the Employees' Compensation Fund to make such deposit from other funds appropriated to such agency. Title VI: Labor and Human Resources - Retirement Security Promotion Act of 1987 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC) to add a definition of minimum benefit security level. Sets forth a special rule for such level for plans providing qualified event-contingent benefits. Adds a definition of benefit liabilities for use in determining such level. Permits asset withdrawals by employers from ongoing single-employer plans which provide for such withdrawals if immediately after the withdrawal: (1) the current value of the assets in the plan is at least the minimum benefit security level; and (2) the current value of the assets in each other single-employer plan maintained by the employer's controlled group is at least the minimum benefit security level. Sets forth special rules for recently amended plans and for mergers, consolidations, and transfers of plan assets. Establishes the right of affected parties to advance notice of plan amendments permitting asset withdrawal. Makes such asset withdrawal provisions apply to multiemployer plans only to the extent provided in regulations prescribed by the Secretary of the Treasury in consultation with the Secretary of Labor. Sets forth a notice requirement for plan asset withdrawal. Exempts permitted asset withdrawals from prohibited transaction rules. Provides that a trust forming a part of a defined benefit plan shall not be treated as failing to constitute a qualified trust solely by reason of permitted withdrawal of plan assets by the employer. Imposes an excise tax on plan asset withdrawals that exceed a specified permissible amount. Sets forth limitations on employer reversions upon plan termination. Sets forth procedures for distribution of plan assets remaining after satisfaction of all specified liabilities. Requires that the remaining assets of the plan which are attributable to employee contributions be equitably distributed to the participants who made such contributions or to their beneficiaries. Set forth a formula for determining the portion of assets attributable to employee contributions. Requires that, after the distribution of assets attributable to employee contributions, a certain amount of the remaining assets be distributed to participants and beneficiaries in proportion to certain accrued benefits. Allows, after such distributions, the remaining assets to be distributed to the employer if: (1) this does not contravene any law; (2) the plan so provides; and (3) the employer and controlled group members have not terminated a plan with insufficient assets. Sets forth a special rule for recently amended plans. Provides for further distribution to participants and beneficiaries in the absence of a distribution to the employer. Provides for revisions of distributions to prevent certain prohibited discriminations or violations. Requires a three-year amortization of underfunding of a single-employer plan of a controlled group upon a distribution to an employer from a terminated plan or upon certain transactions involving plan assets. Provides that such requirement shall not apply to multiemployer plans, except as may be prescribed by the Secretary of the Treasury. Provides for tax-free transfers between certain single-employer plans in the same controlled group. Provides that any amount transferred directly between defined benefits plans (neither of which is a multiemployer plan) maintained by the same employers in the same controlled group, shall not be treated as an employer reversion or includible in gross income. Revises the rules governing the availability of minimum funding waivers. Requires applications for such waivers to be submitted two and one-half months after the close of the year. Allows such waivers only for substantiated temporary business hardships and requires that such hardship also exist at the controlled group level. Reduces from five to three the number of annual waivers that may be granted with respect to any plan within a 15-year period. Revises provisions for repayment of waived contributions. Revises interest rates for variances from minimum funding standards and for extensions of amortization periods. Adjusts the amortization period for waived funding deficiencies. Requires that notice of application for funding waivers be given to each affected party. Requires such notice to include a description of the extent to which the plan is funded for guaranteed benefits and the benefit liabilities. Imposes liability for the excise tax on failure to meet minimum funding standards on the members of the employer's controlled group, in addition to the employer. Increases liabilities arising upon plan termination. Defines "benefit liabilities" to mean all benefits to any person under a terminated plan as of the termination date (including benefits which are not protected under specified provisions). Replaces the term "benefit commitments" with the term "benefit liabilities." Increases from 75 to 100 percent of unfunded guaranteed benefits the amount of liability for distress terminations to the PBGC in excess of 30 percent of the net worth. Makes the liability to the section 4049 trust consist of the total outstanding amount of benefit liabilities under the plan. Revises provisions relating to the section 4049 trust. Accelerates distributions from such trust by eliminating the requirement that payments to and distributions from such trust be tied to liability payment years. Increases the single-employer plan benefit guaranty premium to $20 per participant per plan year. Makes the contributing sponsor and each member of its controlled group jointly and severally liable to the PBGC for such single-employer plan premiums, except in plan years in which plan assets exceed the sum of the minimum benefit security level and the premiums due for such plan. Revises the interest rate on accumulated contributions under IRC requirements for crediting interest on mandatory employee contributions to a defined benefit pension plan. Replaces the five percent interest rate with one equal to 120 percent of the applicable Federal mid-term rate. Increases minimum funding standards under IRC provisions, for any plan (other than a multiemployer plan) for any plan year if the actuarial value of plan assets is less than 100 percent of the plan's benefit liabilities. Charges to the funding standard account of such a plan the sum of the plan's normal cost for the plan year plus the unfunded benefit liabilities contribution for such year, if such sum exceeds a specified charge, reduced by credits. Sets forth formulas for determining such unfunded benefits liabilities contribution. Revises periods for amortizing certain experience gains and losses. Requires the net experience gain and loss of certain plans to be computed separately and amortized under specified provisions. Reduces the period during which employer contributions may be made to plans after the close of the year. Requires employers to make installment payments of the estimated required contribution to a plan. Imposes an excise tax on underpayments of such required installments. Directs the Secretary of Labor to conduct a study of the economic impact of event-contingent pension benefits on private pension plans. Directs the Secretary to report to specified congressional committees by February 1, 1988, on such study, together with legislative recommendations for protection of private pension plans providing event-contingent benefits. Title VII: Committee on Veterans' Affairs - Amends Federal veterans' benefits provisions to reduce the maximum and minimum percentages (from 75 percent, and 60 percent respectively, to 60 percent, and 40 percent, respectively) of the number of purchases by the Administrator of Veterans Affairs of defaulted loans guaranteed by the Administrator for the financing, purchase, or construction of manufactured homes that may be financed by a loan made by the Administrator. Reduces from 80 to 70 percent the maximum percentage that the Administrator may apply in any fiscal year if necessary to maintain the effective functioning of the veterans' housing loan guaranty program. Terminates such limitations on September 30, 1990. States that the above changes achieve savings through changes in program requirements for purposes of the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987. Title VIII: Agriculture - Agricultural Reconciliation Act of 1987 - Subtitle A: Agricultural Price Support Programs - Amends the Agricultural Act of 1949 to authorize an alternative feed grain acreage reduction requirement for 1988 through 1990 oat producers. Provides 1988 through 1990 advance deficiency payments for: (1) wheat and feed grains at between 40 percent and 50 percent of the projected payment rate; and (2) rice and upland cotton at between 30 percent and 50 percent of the projected payment rate. Provides advance emergency compensation payments for the 1987 through 1990 wheat crops . Sets forth a sliding 1988 wheat acreage limitation program of between 20 percent and 35 percent based on estimated wheat stocks. Sets forth similar existing-crop based acreage limitations for the 1988 through 1990 feed grain crops. Sets minimum 1988 through 1990 producer payments for wheat and feed grain storage at $.0285 per bushel. Revises 1988 milk price support levels to provide for $.20 and $.25 reductions if estimated purchases will exceed 5,000,000,000 pounds on January 1, and July 1, 1988, respectively. Amends the Dairy Production Stabilization Act of 1983 to increase the 1988 milk marketing order assessment fee by $.05 per hundredweight. Provides an assessment credit for producers participating in qualified dairy promotion or nutrition education programs. Amends the Agricultural Act of 1949 to limit 1988 through 1990 transportation loan rate adjustments to not more than the national percentage change plus or minus one percent. Directs the Secretary of Agriculture to make established price payments to producers of the 1988 through 1990 wheat, feed grain, rice, and upland cotton crops if farm program yields are reduced by more than five percent of 1985 levels. Subtitle B: Prepayment of Loans - Amends the Rural Electrification Act of 1936 to permit Rural Electrification Administration borrowers to prepay Federal Financing Bank loans without penalties if: (1) private capital is used to replace such loans; and (2) any savings will be used to avoid future rate increases, passed on to customers, or used to improve the borrower's financial strength. Authorizes a one-time prepayment processing fee. Permits an electrification loan borrower to invest its own funds, or make loans or guarantees, of up to 15 percent of its total utility plant. Establishes a program to encourage Rural Electrification Administration borrowers to make deposits into cushion of credit accounts within the Rural Electrification and Telephone Revolving Fund. Sets forth program provisions. States that the Rural Telephone Bank shall apply its most current cost of money rate at the time of each loan commitment advance. Permits loan prepayment without penalty through September 30, 1988. Subtitle C: Miscellaneous - Amends the Plant Variety Protection Act regarding plant variety protection fees to: (1) establish late payment penalties; (2) permit investment of funds; (3) authorize judicial action for nonpayment; and (4) authorize appropriations. Amends Federal law to provide annual appropriations, beginning with FY 1988, to reimburse Commodity Credit Corporation net realized losses. Amends the Federal Meat Inspection Act to revise labeling requirements for meat and meat food products containing specified amounts of imitation cheese. Expresses the sense of the Congress that the Administrator of the Environmental Protection Agency should use Clean Air Act authority to require greater use of ethanol as motor fuel.
United States · United States Congress · 19 November 1987
Sets forth the rule for the consideration of a bill amending the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) with respect to final order and report dates.
United States · United States Congress · 10 November 1987
Expresses the sense of the Senate that: (1) the Senate leadership should seek a budget resolution plan that contains savings in FY 1988 in excess of $23,000,000,000 and the plan should extend for at least two years; and (2) the House should consider adopting a similar approach and the President should become personally involved in the negotiations with leaders of Congress to ensure that a meaningful deficit reduction package will be enacted.
United States · United States Congress · 9 November 1987
Expresses the sense of the Congress that any freeze or reduction in Government budget levels for FY 1987 should not apply to the Panama Canal Commission.
United States · United States Congress · 30 October 1987
Repeals the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987 and certain provisions setting forth budget process reforms.
United States · United States Congress · 29 October 1987
Sets forth the rule for the consideration of H.R. 3545 (budget reconciliation).
United States · United States Congress · 28 October 1987
Sets forth the rule for the consideration of H.R. 3545 (budget reconciliation).
United States · United States Congress · 27 October 1987
Establishes the position of Director of the Office of Management and Budget as a cabinet position at level I of the Executive Schedule. Upgrades the Deputy Director position to level II of the Executive Schedule.
United States · United States Congress · 26 October 1987
Budget Reconciliation Act of 1987 - Title I: Committee on Agriculture - Subtitle A: Farm Program Revisions - Amends the Agricultural Act of 1949 to provide advance deficiency payments for wheat and feed grains at a 30 percent payment rate, and for cotton and rice at a 20 percent payment rate. Directs that 1,000,000,000 bushels of Commodity Credit Corporation (CCC) surplus stocks be sold on a bid basis for nontraditional uses by the end of FY 1990. Requires a report to the appropriate congressional committees. Amends the Agricultural Act of 1949 to limit the maximum permitted oats acreage limitation to five percent of base acreage. Directs the Secretary of Agriculture to: (1) estimate 1987 wheat, oats, and barley deficiency payments by December 1, 1987, and make 75 percent of such payments available upon producer request; and (2) estimate 1988 corn and grain sorghum deficiency payments by March 1, 1989, and make 75 percent of such payments available upon producer request. Subtitle B: Optional Acreage Diversion Act of 1987 - Optional Acreage Diversion Act of 1987 - Amends the Agricultural Act of 1949, effective for the 1988 through 1990 wheat and feed grain crops, to permit producers participating in acreage reduction programs to not plant any of their permitted acreage and receive 92 percent of their annual support benefits (0/92 program). Subtitle C: Farm Program Payments Integrity Act of 1987 - Farm Program Payments Integrity Act of 1987 - Amends the Food Security Act of 1985 to define "person" for purposes of farm program benefits limitations to include active farmers, including specified corporations, landowners, and sharecroppers, not having beneficial interests in more than three entities receiving program benefits. Subjects violators to loss of benefits. Directs the Secretary to provide Department of Agriculture personnel with education and training in applying such payment limitations. Limits benefits to U.S. citizens and immigrants only. Makes State and local governments and agencies ineligible for specified benefits. Subtitle D: Rural Electrification Administration Programs - Chapter 1: Amendments to Rural Electrification Act of 1936 - Amends the Rural Electrification Act of 1936 to authorize the prepayment of rural electrification loans made by the Federal Financing Bank and guaranteed by the Rural Electrification Administration (REA). Requires prepaying borrowers to pay a processing fee. Prohibits REA borrowers or guarantee recipients from transferring property or rights without REA approval until all loans and related charges have been repaid. Directs REA to disapprove property condemnation or acquisition if such action is likely to adversely affect service or increase costs, or is otherwise against REA policy. Permits a borrower of an insured or guaranteed electric loan to invest funds or make loans of up to 15 percent of its total utility plant without prior REA approval. Directs REA to refinance and reamortize all outstanding Rural Electrification and Telephone Revolving Fund certificates of beneficial ownership. Directs REA to conduct a study and report to the Congress regarding the feasibility of creating a utility-owned electricity network. Chapter 2: Rural Telephone Bank Borrowers Fairness Act of 1987 - Rural Telephone Bank Borrowers Fairness Act of 1987 - Permits prepayment without penalty of Rural Telephone Bank loans. Limits annual interest on new Rural Telephone Bank loans to not more than five percent. Limits interest rates on loan advances. Requires a loan's interest rate to be considered in determining loan eligibility. Establishes in the Rural Telephone Bank a reserve for losses caused by interest rate fluctuations. Requires a General Accounting Office study and report to the Congress regarding Rural Telephone Bank operations. Subtitle E: Department of Agriculture Programs - Amends the Agricultural Adjustment Act to subject handlers to civil monetary penalties for agricultural marketing order violations. Amends the Federal Meat Inspection Act to revise labeling requirements for meat and meat food products that contain specified amounts of imitation cheese. Subtitle F: Ethanol - Agricultural Ethanol Motor Fuel Act of 1987 - Directs the President to establish a phased-in ethanol-blended fuel program, including a program of ethanol development and use. Subtitle G: Cotton Research and Promotion - Cotton Research and Promotion Program of 1987 - Amends the Cotton Research and Promotion Act to require the collection of research and promotion fees from all domestic cotton producers and importers of cotton and cotton products. Requires a referendum to be held among cotton producers to ascertain whether or not they approve of such amendment; but declares that producer disapproval shall not invalidate it. Title II: Committee on Banking, Finance and Urban Affairs - Refers to an amendment of the Federal Deposit Insurance Act contained in the Competitive Equality Banking Act of 1987 for other spending reductions for FY 1988 through 1990. Title III: Committee on Education and Labor - Subtitle A: Pension Assets Protection - Pension Assets Protection Act of 1987 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to add a definition of minimum benefit security level. Sets forth a special rule for such level for plans providing qualified event-contingent benefits. Adds a definition of benefit liabilities for use in determining such level. Permits asset withdrawals by employers from ongoing single-employer plans which provide for such withdrawals if immediately after the withdrawal: (1) the current value of the assets in the plan is not less than the minimum benefit security level; and (2) the current value of the assets in each other single-employer plan maintained by the employer or any other members of the employer's controlled group is not less than the minimum benefit security level. Sets forth special rules for recently amended plans and for mergers, consolidations, and transfers of plan assets. Provides that such asset withdrawal provisions shall apply to multiemployer plans only to the extent provided in regulations prescribed by the Secretary of the Treasury in consultation with the Secretary of Labor. Sets forth a notice requirement for plan asset withdrawal. Exempts permitted asset withdrawals from prohibited transaction rules. Provides that a trust forming a part of a defined benefit plan shall not be treated as failing to constitute a qualified trust solely by reason of a permitted withdrawal of plan assets by the employer. Imposes an excise tax on plan asset withdrawals that exceed a specified permissible amount. Sets forth limitations on employer reversions upon plan termination. Sets forth procedures for distribution of plan assets remaining after satisfaction of all specified liabilities. Requires that the remaining assets of the plan which are attributable to employee contributions be equitably distributed to the participants who made such contributions or their beneficiaries. Sets forth a formula for determining the portion of assets attributable to employee contributions. Requires that, after the distribution of assets attributable to employee contributions, a certain amount of the remaining assets be distributed to participants and beneficiaries in proportion to certain accrued benefits. Allows, after such distributions, the remaining assets to be distributed to the employer if this does not contravene any law and if the plan so provides. Sets forth a special rule for recent amended plans. Provides for further distributions to participants and beneficiaries in the absence of a distribution to the employer. Provides for revisions of distributions to prevent certain prohibited discriminations or violations. Requires a three-year amortization of underfunding of single-employer plans of a controlled group upon a distribution to an employer from a terminated plan or upon certain transactions involving plan assets. Provides that such requirement shall not apply to multiemployer plans, except as may be prescribed by the Secretary of the Treasury. Provides for tax-free transfers between certain single-employer plans in the same controlled group. Provides that any amount transferred directly between defined benefit plans (neither of which is a multiemployer plan) maintained by the same employer, or by employers in the same controlled group, shall not be treated as an employer reversion or includible in gross income. Establishes a termination charge for single-employer plan terminations. Requires such charge to be paid to the Pension Benefit Guaranty Corporation (PBGC), whenever a single-employer plan terminates, by the contributing sponsor (or any member of such sponsor's controlled group in the case of a distress or involuntary termination). Sets forth a formula for determining the amount of such charge. Doubles such charge if the contributing sponsor or any member of the controlled group of a plan terminated in a distress or involuntary termination also maintains a single-employer plan that has assets in excess of the minimum benefit security level. Prohibits the transfer of assets exceeding liabilities from a defined benefit plan to a defined contribution plan in mergers, consolidations, or transfers. Repeals the exemption for employee stock ownership plans from the excise tax on reversion of qualified plan assets to the employer. Adds a benefit security funding charge to the funding standard account of any single-employer plan for which the funded ratio for any plan year is less than one. Sets forth formulas for the determination of such charge. Limits the amount of such charge for a plan under which the funded ratio at the beginning of the plan year is greater than 50 percent. Reduces the period for amortizing net experience losses and gains from 15 to five years in the case of single-employer plans. Eliminates the six-month waiver for payment of contributions to single-employer plans for plan years beginning after December 31, 1988. Reduces such extension to three months for plan years beginning during 1988. Requires quarterly estimated installment payments during the plan year for the required annual payment for any single-employer plan with an outstanding waived funding deficiency as of the end of the employer's taxable year. Requires applications for funding waivers to be submitted within two and one-half months after the close of the plan year. Allows such waivers only for temporary substantial business hardship experienced by both the employer and the controlled group if the employer is a member of such a group. Sets forth formulas for determining the interest rate used to compute the amortization charge for waivers and extensions. Adjusts the amortization period for waived funding deficiencies. Requires notice of application for funding waivers to be provided to the plan and each affected party. Requires such notice to include a description of the extent to which the plan is funded for guaranteed benefits and benefit liabilities. Increases the tax deduction for employer contributions to pension trusts to the greater of: (1) the amount necessary to satisfy the minimum funding standard; or (2) the amount necessary to increase the ratio of plan assets to vested liabilities to one. Imposes a tax on underpayments of required quarterly installments for outstanding waived funding deficiencies. Makes members of the controlled group jointly and severally liable for taxes on any failure to meet the minimum funding standards. Limits the benefit security charge for transition years with respect to plans maintained by steel companies. Defines "benefit liabilities" to mean all benefits to any person under a terminated plan as of the termination date (including benefits the reduction or elimination of which is not prohibited under specified provisions). Increases from 75 to 100 percent of unfunded guaranteed benefits the amount of liability to the PBGC in excess of 30 percent of net worth. Makes the liability to the section 4049 trust consist of the total outstanding amount of benefit liabilities under the plan. Eliminates the requirement that payments to and distributions from the section 4049 trust be tied to liability payment years. Increases the single-employer plan benefit guaranty premium to $19 per participant per plan year. Makes the contributing sponsor and each member of its controlled group jointly and severally liable to the PBGC for such single-employer plan premiums. Sets forth miscellaneous and conforming amendments relating to plan terminations. Provides that a qualified preretirement survivor annuity with respect to a participant under a multiemployer plan which has terminated or which is insolvent shall not be treated as forfeitable solely because the participant has not died as of the termination or insolvency date. Makes certain termination information requirements inapplicable to certain insurance contract plans. Requires that affected parties receive notice of benefit liabilities. Revises provisions relating to: (1) distress tests; (2) the date as of which the employer must be in a bankruptcy proceeding to qualify for distress termination; and (3) the treatment under distress tests of cases converted to liquidation. Requires, under the reorganization distress test, that the PBGC be given advance notice of the intention to request bankruptcy court approval of the plan termination. Authorizes the PBGC to pool the assets of terminated plans for appropriate purposes. Requires submission to the PBGC of certain information in cases of voluntary terminations. Sets forth provisions relating to the treatment of withdrawal of substantial employers from single-employer plans under multiple controlled groups. Authorizes the PBGC to assess civil penalties for failure to provide timely required notices or other information with respect to single-employer and multiemployer plans. Requires the sponsor of a multiemployer plan to serve the PBGC with a copy of any complaint, district court opinion, notice of appeal, and court of appeals opinion in any action involving ERISA to which the plan sponsor is a party. Sets forth a definition of affected party. Revises the statute of limitations with respect to certain reports. Authorizes the Secretary of Labor to assess a civil penalty for a plan administrator's failure or refusal to file a required complete annual report. Revises provisions relating to the permissible return of contributions. Revises provisions relating to the imposition of an annual sanction for prohibited transactions which are continuing in nature. Revises provisions relating to the effect of a determination letter by the Internal Revenue Service on the enforcement by the Department of Labor of fiduciary standards under ERISA. Sets forth additional limitations: (1) on investment by an individual account plan forming part of a floor-offset arrangement; and (2) on investment by an individual account plan in employer stock. Sets forth a date for plan amendments required by this title. Subtitle B: Pension Portability - Pension Portability Act of 1987 - Part A: Portable Pension Plans - Amends ERISA and the Internal Revenue Code to provide for the use of rollover individual retirement accounts and annuities as portable pension plans. Sets forth distribution and portability requirements for such plans. Sets forth investment requirements for certain portable pension plans. Establishes rules relating to rollovers and transfers to and from portable pension plans. Establishes rules relating to distributions and transfers from qualified plans. Part B: Rules Applicable to Simplified Employee Pensions and Portable Pension Plans - Defines simplified employee pension plan. Sets forth distribution requirements for simplified employee pension plans. Sets forth the manner and extent to which reporting and disclosure, participation, vesting, funding, and other specified ERISA requirements apply to simplified employee pension plans and portable pension plans. Allows employee election of a simplified alternative salary reduction arrangement under a uniform simplified employee pension. Authorizes the Secretary of the Treasury to allow certain requirements for simplified employee pensions and portable pension plans to be met by application separately with respect to separate lines of business. Subtitle C: Fair Work Opportunities Program - Amends part A (Aid to Families with Dependent Children) (AFDC) of title IV of the Social Security Act to require States to establish a Fair Work Opportunities Program (Program) which helps needy children and parents avoid long-term welfare dependence. Requires adult recipients of family support supplements (the aid paid to needy families with dependent children) to participate in the Program if it is available in the political subdivision where he or she resides and State resources otherwise permit. Directs the State to fully inform such recipients of the opportunities offered under the Program. Lists recipients who are exempt from mandatory participation in the Program, including individuals who: (1) are ill, incapacitated, pregnant, or age 60 or older; (2) are needed at home due to the illness or incapacity of another family member; (3) work 20 or more hours a week; (4) are children under age 16 or attending, full time, an elementary, secondary, or vocational school, except in the case of certain minor parents; or (5) care for a child under age 15, but such exception shall apply to only one parent in two-parent families. Permits States to require the participation of a parent or relative of a child who has attained age three but not age 15 if day care is guaranteed by the State and, in the case of a parent or relative of a child under age six, Program participation is on a part-time basis. Provides that if the parent, caretaker relative, or dependent child is attending a school, an accredited postsecondary institution, or a course of vocational or technical training which can reasonably be expected to lead to employment when he or she would otherwise commence participation in the Program, such attendance may constitute satisfactory participation in the Program, though the costs of such schooling or training shall not constitute federally reimbursable Program expenses. Directs States to make special efforts to develop and provide needed Program services and activities to families: (1) with teenage parents and parents who were under age 18 when their first child was born; (2) that have been receiving family support supplements continuously for two or more years; (3) with children under age six; (4) with a parent who has been unemployed during the preceding 12 months, lacks a high school diploma or its equivalent, or has special educational needs; and (5) with older children in which the youngest child is within two years of being ineligible for family support supplements because of age. Requires that if State resources are not adequate to provide Program services to all participants, priority shall be given to mandatory and voluntary participants who actively seek to participate in Program activities. Requires a State to provide each applicant for family support supplements full information (verbally and in writing) about the opportunities offered by the Program and the: (1) rights, responsibilities, and obligations of Program participants; (2) State's obligation to provide necessary supportive services; and (3) transitional child care services and health coverage that will be available. Requires local resource and referral agencies to assist parents in finding appropriate child care. Provides that any applicant for family support supplements may be required to accept job search assistance while his or her application is being processed or at any appropriate time during Program participation. Limits mandatory participation in job search to eight weeks, after which an individual who has not obtained a job must be provided with other services designed to improve his or her employment prospects. Provides that when a mandatory Program participant fails without good cause to comply with any requirement imposed on his or her participation in such Program: (1) such participant's needs shall not be taken into account in determining the family support supplement; and (2) if such participant's spouse is not participating in the Program, the spouse's need shall not be taken into account in determining the family support supplement. Continues sanctions for a minimum of three months if the participant failed to comply on a previous occasion. Directs States, after three months of a participant's noncompliance, to remind the participant in writing of his or her option to end the sanction. Authorizes any State to institute a work supplementation program under which a State reserves sums which would otherwise be payable to Program participants as family support supplements and uses such sums instead to subsidize jobs for such participants. Directs the Secretary of Health and Human Services (Secretary) to establish uniform reporting requirements under which States periodically provide the Secretary with information the Secretary needs to ensure that Program requirements are being carried out. Amends part C (Work Incentive Program) of title IV of the Act to create a new part C entitled "Fair Work Opportunities for Family Self-Sufficiency." Authorizes appropriations for carrying out part C for FY 1988 and thereafter. Reserves a specified amount of such funds for child care services. Requires the Secretary of Labor to allocate 95 percent of the funds among the States according to prior allocations and the relative number of family support recipients in each State. Sets the remaining five percent aside for State planning grants, technical assistance, demonstration programs, and States excelling in part C performance standards. Sets the Federal matching rate for FY 1988 and thereafter at 90 percent of so much of the State's allocation which does not exceed the State's FY 1986 allocation, 80 percent of the amount in excess of such allocation which is expended on education and training programs, and 70 percent of the amount in excess of FY 1986 allocations which is expended for any other purpose under part C. Directs the Governor of each State to designate a State agency as the State work initiatives agency responsible for developing the State Program plan and administering the Program. Requires that such plan contain specified provisions and assurances, including assurances that: (1) Program activities are coordinated and not duplicative of existing activities; and (2) local governments and the private sector are involved in Program planning and design so that participants are trained for jobs that are likely to be available in the community. Requires that such plan be made available to the public and then the State job training coordinating council for review and comments before being submitted to the Governor and the Secretary of Labor for approval. Requires States to make an initial assessment of the educational needs, skills, and employability of each Program participant and on that basis develop an employability plan for the participant's family which, to the maximum extent possible, reflects the participant's preferences. Requires each participant to then negotiate a contract with the State which specifies the duration of his or her participation as well as the activities the State will conduct and services it will provide in the course of such participation. Directs the State to assign a case assistant to each participating family who is responsible for: (1) obtaining, on the family's behalf, any other services which may assure the family's effective participation; (2) monitoring a participant's progress; and (3) periodically reviewing and renegotiating the family support plan and the participant's contract with the State. Requires State Programs to provide comprehensive services which include: (1) job search, training, and placement services; (2) education programs; (3) necessary support services; and (4) counseling, information, and referral for participants experiencing personal and family problems which may be affecting their ability to work. Extends coverage of day care which is reasonably necessary for a parent's or caretaker relative's continued employment, for up to 12 months after a family's eligibility for family support supplements ends, under a sliding scale formula based on the family's ability to pay for such services. Gives any participant lacking a high school diploma the opportunity to participate in a program addressing the education needs identified in the participant's initial assessment without interference from required participation in other programs and activities. Requires that children in participating families be encouraged to engage in the education or training activities available under the Program and be provided with additional services and incentives designed to keep them in school and help them obtain marketable job skills. Deems an individual who attends an accredited postsecondary institution to be satisfactorily participating in the Program for so long as such individual is making satisfactory progress in a vocational or undergraduate education or training program consistent with his or her employment goals. Prohibits an individual's mandatory repetition of an employment or training program. Authorizes any State to establish a work experience program to provide experience and training for individuals who have not been employed during the preceding six months and are not otherwise able to obtain employment. Limits such programs to projects which serve a useful public purpose utilizing, if possible, the participant's prior training, experience, and skills. Prohibits Program participants from filling unfilled vacancies. Requires that unpaid work experience be provided in conjunction with training or education and for no longer than 30 hours per week for three months. Permits a three-month extension of such work experience if the participant requests such extension and such request is reflected in a modified family support plan or such extension would lead to employment in an on-the-job training position. Requires that: (1) a reassessment be made and a new employability plan developed for participants who do not obtain employment after participation in a work experience program; and (2) other Program activities be coordinated with the work experience program so that job placement has priority over participation in such program. Authorizes States to provide individuals who have been Program participants for at least six months and have been unable to secure unsubsidized employment with transitional subsidized employment with a public or nonprofit private employer for a period which does not exceed six months, unless an extension is determined to be necessary in a review and modification of the family support plan. Directs the Secretary of Labor to establish outcome-based State Program performance standards which take into account the differing conditions which may exist in different States. Requires that final standards be published within two years of the enactment of this Act. Directs the Secretary of Labor to evaluate each State's progress toward meeting the performance standards at the completion of each fiscal year and provide technical assistance to States which fall short of such standards. Provides incentive allocations to States which exceed such standards. Requires the Secretary of Labor to review such standards at least once every three years. Sets forth general requirements regarding: (1) the notice which must be provided to an individual before the State determines that such individual has refused to participate in the Program without good cause; (2) the benefit requirements and labor standards applicable to all Program activities; (3) the suitability of work assignments, including the requirement that States provide participants with supplements for one year after they leave the Program so that their income is not reduced as a result of taking a job; (4) mandatory workfare; and (5) nondiscrimination against individuals assigned to a job or work program under this Act. Authorizes a State to reimburse other State or local agencies for Program services rendered to individuals to the extent that such services are not otherwise available on a nonreimbursable basis. Requires States to use the information provided by private industry councils on the type of jobs in an area and provide training which is related to such jobs. Authorizes States to enter into contracts and other arrangements with public and private agencies and organizations for the provision or conduct of Program services or activities. Establishes State recordkeeping and reporting requirements and a complaint review process through which the Secretary shall investigate State compliance with Program requirements. Authorizes the Comptroller General to conduct investigations of a State's use of Program funds. Authorizes the Secretary of Labor or the Secretary of Health and Human Services to terminate or suspend financial assistance in whole or in part and order appropriate sanctions or corrective actions if the State agency administering part C or part A of title IV of the Act fails to comply with a provision of the Act and the State has been given prior notice and an opportunity for a hearing. Authorizes the Secretary of Labor to make funds available to States for demonstration projects testing the effectiveness of using: (1) performance-based contracts under which private organizations operate supported-work programs placing participants in full-time private sector jobs; (2) community-based comprehensive support services to ensure long-term family self-sufficiency; (3) nonprofit community development corporations in creating job opportunities for the poor; and (4) financial incentives and interdisciplinary approaches to reducing school dropouts, encouraging skill development, and avoiding the welfare dependence of children receiving family support supplements. Requires each State to: (1) conduct an assessment of the adequacy and appropriateness of child care resources in the State prior to or in conjunction with the expenditure of child care funds; (2) provide grants for the training of child care personnel; and (3) not relax child care standards within the State. Authorizes each State to: (1) permit the use of funds in coordinating child care services with other relevant early childhood development programs so that such programs may provide full day and full year services to children; and (2) provide grants to local nonprofit child care programs to establish or renovate child care centers and family day care homes. Sets the Federal matching rate at 50 percent of Program administrative costs and 65 percent of all other Program costs. Amends part A (General Provisions) of title XI of the Act to authorize States to conduct demonstration projects testing: (1) the effect of in-home early childhood development and pre-school center-based development programs on families receiving family support supplements and participating in the Program; and (2) whether eliminating durational standards, used in defining unemployment for family support supplement eligibility purposes, and requiring parents to accept reasonable job offers while preserving their eligibility for supplements would encourage their entrance into the permanent work force and thereby reduce AFDC program costs. Authorizes the Secretary of Labor to make grants to States to assist in financing such projects. Sets forth technical and conforming amendments. Requires each State with six months of this Act's enactment to: (1) evaluate its welfare population demographics, giving particular attention to the demands of the State labor market, the training needed to meet those demands, and necessary changes in current service delivery systems; and (2) submit such evaluation to the Secretary of Labor. Title IV: Committee on Energy and Commerce - Subtitle A: Medicare Provisions - Part I: Payment Reforms - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to provide for reductions in the prevailing charges, used in determining reasonable charges for Medicare services, for specified surgical procedures. Sets limits on the amount nonparticipating physicians may charge for such procedures. Reduces the rate of payment for a physician's provision of medical direction to nurse anethetists when such physician is providing medical direction to two or more nurse anesthetists performing anesthesia services concurrently. Adjusts the Medicare Economic Index to increase the prevailing charge for a physician's primary care services by six percent in 1988 while increasing such charge for a physician's other services by two percent. Provides physicians whose primary practice is family practice, general practice, general internal medicine, gynecology, or pediatrics with incentive payments for practicing in underserved rural areas. Sets forth special Medicare payment rules for durable medical equipment, prosthetic devices, orthotics (leg, arm, back, and neck braces), and prosthetics. Requires the Secretary of Health and Human Services to report to the Congress by 1991 on the impact of such rules on the availability of such services and the appropriateness of increasing payment rates for oxygen and oxygen equipment when a greater volume of oxygen or portable oxygen equipment is used. Places a moratorium, until 1991, on the Secretary's conduct of any demonstration project regarding alternative methods of paying for covered items. Directs the Secretary to establish and report to the Congress regarding fee schedules for radiologic services by August 1, 1988. Requires that such schedules take into account variations in the cost of furnishing services in different areas and result in certain reductions in aggregate Medicare payments for such services. Sets limits on the amount nonparticipating physicians may charge for such services. Authorizes the Secretary to allow physicians and suppliers to become participating physicians or suppliers only with respect to radiologic services. Directs the Secretary to: (1) establish proposed fee schedules for physician pathology services which may be implemented by 1990; and (2) report to the Congress regarding such fee schedules. Prohibits the Secretary from implementing or conducting a new study into a prospective payment system for radiologic, physician anesthesia, and physician pathology services under the Medicare program before 1991 unless specifically directed by law to do so. Makes technical changes regarding a nonparticipating physician's maximum allowable actual charge. Eliminates the FY 1975 floor on the prevailing charge for a physician service in a locality. Sets the maximum rate of payment per visit for independent rural health clinic services at $46 in 1988, updated annually thereafter to reflect increases in the Medicare Economic Index. Requires the Secretary to report to the Congress by March 1, 1989, on the adequacy of payments for such services. Requires that the fee schedule for certified registered nurse anesthetist services be based on data from cost reporting periods beginning in FY 1985 and such other data that the Secretary deems necessary to establish a reasonable fee schedule. Includes the services of registered nurses as assistants at surgery as "medical and other health services" for which direct Medicare payments may be made. Directs the Secretary to report to the Congress by April 1, 1989, regarding the adequacy of payments for physicians' assistants and registered nurses assisting at surgery. Establishes a floor on the reasonable charge for each physicians' services equal to 55 percent of the average of the prevailing charge levels for such service in all localities for the year. Increases the prevailing and customary charge for a service when such charges are lower than the reasonable charge floor so that by 1991 prevailing and customary charges are at least equal to the reasonable charge floor for a physicians' service. Prohibits the maximum allowable actual charge of a nonparticipating physician for a covered service furnished in 1989 or 1990 from being less than 96 percent of the minimum allowable prevailing charge for 1989 and 1990. Provides that for physicians' services furnished after 1988 the regular percentage increase in the Medicare Economic Index shall be decreased by two percentage points. Part 2: Coverage and Eligibility Changes - Amends the Medicare program to provide Medicare coverage for influenza vaccines and their administration. Limits covered immunosuppressive drugs to prescription drugs used in immunosuppressive therapy. Provides coverage under part B of the Medicare program of services furnished by a clinical social worker to a member of a health maintenance organization. Amends part A (Hospital Insurance) of the Medicare program to continue the part A eligibility of physically or mentally impaired individuals who were eligible for such benefits by reason of their entitlement to disability benefits under title II (Old Age, Survivors and Disability Insurance) of the Act, but whose title II benefits have been terminated because they engaged in substantial gainful activity. Sets forth enrollment, special enrollment, and coverage periods as well as the contingencies terminating one's enrollment. Conditions such continued part A eligibility upon the payment of a monthly premium. Requires individuals who are entitled to part B (Supplementary Medical Insurance) Medicare benefits only by reason of their continued part A eligibility provided by this Act to pay a monthly premium set at four times the amount otherwise required under part B. Prohibits such part A and B premiums from exceeding a specified percentage of the individual's adjusted gross income, unless the premium thereby sinks below 25 percent of the premium determined without income restraints. Amends title II (Old Age, Survivors, and Disability Insurance) (OASDI) of the Act to provide that when individuals become entitled to OASDI disability benefits by reason of a disability which previously entitled them to such benefits, both periods of entitlement shall count toward the two-year period of OASDI disability benefit entitlement required for Medicare eligibility despite an intervening period of gainful employment. Provides coverage under part B of the Medicare program for therapeutic shoes furnished to individuals with severe diabetic foot diseases. Part 3: Home Health Care Quality Improvements - Defines as "homebound", (a prerequisite of eligibility for Medicare home health services), any person who has a condition which restricts his or her ability to leave the home without support or for whom leaving the home is medically contraindicated. Requires Medicare fiscal intermediaries which perform home health payment services to provide an explanation of claim denials for home health services and promptly notify the parties requesting a reconsideration of such determinations of the result of such reconsideration. Requires fiscal intermediaries to make partial payments of disputed claims when such notice has not been transmitted within 60 days of receipt of the reconsideration request. Makes an intermediary's performance on appeals of home health care payment determinations part of the Secretary's overall appraisal of the intermediary. Requires a Medicare home health agency to: (1) protect and promote the rights of each individual under its care; (2) notify the State licensing or certification entity of changes in persons having an ownership or controlling interest in the agency or changes in the organization responsible for managing the agency; (3) furnish items and services through licensed health professionals or persons who have completed or are enrolled in a training program which meets minimum standards established by the Secretary by July 1, 1988; and (4) include the patient's plan of care within its clinical records. Requires an appropriate State or local agency to conduct an unannounced survey on an average of once a year, but in no case later than 15 months after the previous unannounced survey, and within two months of the receipt of a significant number of complaints against a home health agency, of the quality of patient care provided by such agencies. Authorizes the survey of a home health agency within two months of any change in its ownership, administration, or management. Subjects home health agencies which perform poorly in such surveys to an extended survey. Directs the Secretary to evaluate the assessment process, report to the Congress on the results of such evaluation, and make appropriate modifications to such process by 1991. Requires that when the Secretary determines that a home health agency's deficiencies immediately jeopardize the health and safety of service recipients the Secretary take immediate action to remove the jeopardy or correct the deficiencies, or terminate the agency's Medicare participation. Authorizes the Secretary to impose intermediate sanctions against an agency whose failure to correct deficiencies does not immediately jeopardize the health and safety of health care beneficiaries, but halts Medicare payments to such agency if six months pass without the correction of deficiencies. Directs the Secretary to publish and make available to the public without charge a directory of home health agencies certified to participate in the Medicare program, including information regarding all surveys and certifications made with respect to each agency. Requires appropriate State or local agencies to maintain: (1) toll-free hotlines to receive complaints and answer questions regarding home health agencies in the State or locality; and (2) units with enforcement authority and access to consumer medical records and survey reports to investigate such complaints. Directs the Secretary to: (1) report to the Congress before 1988 on the appropriateness of reimbursing home health agencies on either a rural or urban basis rather than considering an agencies mix of urban and rural clientele; (2) determine home health agency cost limits on the basis of recent agency cost report; and (3) establish a demonstration project to develop and test alternative methods of paying home health agencies on a prospective basis for services furnished under the Medicare and Medicaid (title XIX of the Act) programs. Part 4: Peer Review Organizations - Amends part B (Peer Review) of title XI of the Act to require the physician representative of a peer review organization (PRO) responsible for reviewing the services of a rural hospital to visit such hospital at least quarterly and meet with the hospital staff regarding such review. Requires the Secretary to emphasize a PRO's performance in educating providers and practitioners concerning the review process evaluating a PRO's performance. Prohibits a PRO's determination that a payment should not be made from becoming final before the physician or provider involved has a reasonable and convenient opportunity to discuss the proposed determination and the physician or provider has had 30-days notice of the proposed determination. Directs the Secretary to report to the Congress within two years of this Act's enactment regarding the educational effectiveness of PROs providing Medicare beneficiaries with payment denial notices when such beneficiaries are not liable for payment. Prohibits the Medicare exclusion of a provider or practitioner pending completion of administrative review procedures unless a hearing before an administrative law judge results in the determination that the provider or practitioner will pose a serious risk to beneficiaries if allowed to continue furnishing Medicare services. Part 5: Miscellaneous Provisions - Permits Medicare beneficiaries (other than those with end-stage renal disease or already enrolled with organizations providing health services on a prepaid basis) to enroll with eligible organizations with which the Secretary enters a contract for the provision of community nursing and ambulatory care on a prepaid, capitated basis. Lists the services and supplies which comprise community nursing and ambulatory care. Defines an "eligible organization" as a public or private entity which: (1) primarily engages in the provision of community nursing and ambulatory care; (2) provides such care through or under the supervision of a registered nurse; (3) maintains clinical records on all patients; and (4) maintains procedures for referring cases to or consulting with other health care providers. Requires the Secretary to annually publish a per capita rate of payment for each class of enrollees equal to 95 percent of the adjusted average per capita cost for such class. Directs the Secretary to make monthly prepayments to such organizations in accordance with such rates. Authorizes retroactive payment adjustments to account for differences between the actual number of enrollees and the number of enrollees estimated for the purpose of determining the advance payment. Prohibits: (1) estimated payments for prepaid community nursing and ambulatory care from exceeding the payments which the Secretary estimates would otherwise have been made for such care; and (2) enrollee charges from exceeding charges for which they would be liable in the absence of their enrollment. Authorizes eligible organizations to provide enrollees with optional additional care. Requires the provision of additional care where the average of the per capita rates of payment to an organization exceeds the adjusted community rate for community nursing and ambulatory care, unless the organization elects to have such payments reduced or withheld. Makes certain Medicare provisions which are applicable to health maintenance organizations and competitive medical plans applicable to organizations providing care pursuant to this Act, including provisions regarding: (1) enrollment periods; (2) enrollee grievance procedures; (3) health care quality assurance programs; and (4) the organization's status as a secondary payor. Requires the expedited administrative hearing of an appeal of a determination regarding an individuals entitlement to Medicare benefits or the amount of such benefits when there are no material issues of fact in dispute. Directs the Secretary to establish certain time limits on carriers' hearings regarding their Medicare payment determinations. Requires the Secretary to promulgate major Medicare rules, requirements, or policy statements through the regulatory process. Sets forth publication requirements. Prohibits carriers, fiscal intermediaries, or PROs from implementing a policy change affecting a change in Medicare payments without providing 30-days notice of such change to affected parties. Requires the Secretary to include in the publication of a regulation which can reasonably be expected to affect a substantial number of rural health care providers an analysis of the regulation's impact on the access of individuals to rural health care services. Prohibits the Secretary from requiring carriers to delay payments under part B of the Medicare program. Treats employees of the Physician Payment Review Commission as employees of the United States Senate for purposes of pay and employment benefits, rights, and privileges. Limits the podiatrist services which may be considered physicians' services under the Medicare program. Makes a group health plan the primary payer for items and services covered under Medicare's end-stage renal disease program. Limits minimum utilization rate requirements for end-stage renal disease services to transplantations. Amends the Omnibus Budget Reconciliation Act of 1986 to delay, from April 1, 1989, to April 1, 1990, the effective date of the prohibition of health maintenance organizations from providing physicians with incentives to reduce or limit services. Delays, from November 21, 1987, to April 1, 1988, the application of certain standards for organ procurement agencies. Directs the Secretary to: (1) arrange for, and report to the Congress within three years of this Act's enactment on, a study of the Medicare end-stage renal disease program; and (2) study, and report to the Congress by April 1, 1989, on ways to provide adequate payments under part B of the Medicare program for the costs of providing chemotherapy to cancer patients in physicians' offices. Amends the Omnibus Budget Reconciliation Act of 1985 to delay, from July 1, 1987, to October 1, 1988, the date by which the Secretary must establish a system providing for a unique identifier for each physician furnishing Medicare services. Authorizes the Secretary to impose sanctions against a person who knowingly and willfully bills a beneficiary for a clinical diagnostic laboratory test for which payment may only be made on an assigned basis in the same manner in which they may be applied against nonparticipating physicians who overcharge for their services. Requires the Secretary to determine, upon the request of a pediatric heart transplant center, whether such center meets the standards for qualification as a Medicare heart transplant center and issue a certification of such fact if the center meets such standards. Subtitle B: Provisions Relating to Medicaid Program - Part 1: Combatting Infant Mortality - Amends title XIX (Medicaid) of the Act to allow States to extend Medicaid coverage to pregnant women and infants under age one whose family income exceeds current income eligibility standards, but does not exceed 185 percent of the Federal poverty level. Authorizes States to accelerate the coverage of poor children under age five. (Currently, coverage would not be extended to all poor children under age five until FY 1991). Allows States to extend Medicaid coverage to poor children under age eight. Directs the Secretary to provide for State demonstration projects to reduce infant mortality and early childhood morbidity by improving the access of Medicaid-eligible pregnant women and children to obstetricians and pediatricians. Increases the Medical assistance percentage for such projects, but sets a FY 1988 limit on the additional Federal Medicaid expenditures which results from such projects. Requires the Secretary to report to the Congress by March 1, 1991, regarding such projects. Sets forth miscellaneous amendments relating to Medicaid services for pregnant women and children. Part 2: Addressing Needs of Elderly Poor-Subpart A: Improvements for Nursing Home Residents - Amends the Medicaid program to establish a single set of requirements for skilled nursing and intermediate care facilities (other than facilities for the mentally retarded), and to refer to such facilities as "nursing facilities." Sets forth requirements for nursing facilities, including requirements that such facilities: (1) primarily engage in providing residents with nursing care, rehabilitative services, and other health-related services which can only be provided through such facilities, directed toward residents' mental, psychosocial, and physical well-being; (2) provide such care in accordance with a written plan of care initially prepared and periodically reviewed and revised by a licensed health care professional on the basis of assessments of a resident's functional capacity conducted upon the resident's admission and after a significant change in the resident's physical or mental condition, but in no case less often than annually, and reviewed for accuracy at least once every three months; (3) provide, in addition to nursing and rehabilitative services, such physicians' services, medically-related social services, pharmaceutical services, dietician services, and dental services as are required to fulfill each resident's plan of care; (4) not use any individual who is not a licensed health care professional or licensed social worker as a nurse aide after 1989 unless the individual has completed a State-approved training program or is enrolled in such a program, and is competent to provide such services; (5) require a physician's supervision of each patient's care, the maintenance of clinical records on all patients, and, with certain exceptions, the services of a licensed nurse 24 hours a day and a registered nurse eight hours a day, or 16 hours a day if the nursing facility has at least 90 beds; (6) employ a full-time social worker if they have over 120 beds; (7) protect specified patient rights, including the right to appeal involuntary transfer or discharge from the facility; (8) provide applicants and residents with information regarding the Medicare and Medicaid programs and not require applicants to waive their rights to such benefits or have a third party guarantee payment to the facility as a condition of their admission; (9) safeguard a patient's funds upon the patient's authorization; (10) not admit any new resident, after 1988, who is mentally ill or retarded unless the State mental health authority deems such individual to require nursing facility services and decides whether the individual requires active treatment for mental illness or retardation; (11) notify the agency responsible for licensing the facility of changes in the ownership, control, or administration of the facility; (12) adopt certain measures to preserve facility safety and sanitation; and (13) meet such other conditions which the Secretary deems necessary for patient health and safety. Requires States to specify, by January 1, 1989, those nurse aide training programs which meet the minimum standards to be established by the Secretary by July 1, 1988, and have the State's approval. Prohibits State approval of a training program offered by a facility that has been out of compliance with this Act's requirements within the previous two years. Requires each State to: (1) establish a registry, by 1989, of all individuals who have satisfactorily completed a nurse aide training program in the State; (2) develop a written notice, by April 1988, of the rights and obligations of nursing facility residents under the Medicaid program; and (3) establish a fair mechanism, by 1989, which meets Federal guidelines to be established by October 1, 1988, for hearing appeals on involuntary transfers of residents from nursing facilities. Requires that, in addition to the preadmission review of mentally ill or retarded individuals, State mental health authorities conduct an annual review of mentally ill or retarded residents to determine whether such residents require nursing facility services and whether they require active treatment for mental illness or retardation. Directs that such preadmission and annual reviews be conducted in accordance with criteria to be developed by the Secretary by October 1, 1988. Sets forth required nursing facility responses to determinations as to whether such residents need nursing facility services and need, or do not need, active treatment for mental illness or retardation. Gives long-term residents who do not require nursing facility services, but who require active treatment, the choice of remaining in the facility or receiving covered services in an alternative setting. Require's nursing facilities to provide for the active treatment of residents in need of treatment for mental illness or retardation regardless of their continued need for nursing facility services or their discharge from such facility. Requires States to have an appeals process for individuals adversely affected by such preadmission and annual reviews. Sets the Federal matching percentage for: (1) nurse aide training programs at the Federal medical assistance percentage plus 25 percent, but not exceeding 90 percent, for FY 1988 and 1989, and at 50 percent thereafter; and (2) preadmission and annual screening of mentally ill or retarded residents at 75 percent. Directs the Secretary to: (1) provide States with technical assistance in the development and implementation of reimbursement methods for nursing facilities that take into account the case mix of residents in different facilities; and (2) report to the Congress by January 1, 1993, on the progress made in implementing this Act's nursing facility staffing requirements. Requires the Secretary to designate an instrument(s) by April 1, 1990, and States to specify the instrument by July 1, 1990, for use by States in assessing a resident's functional capacity. Requires the Secretary to report to the Congress by January 1, 1992, on the implementation of the resident assessment process. Imposes civil monetary penalties on individuals who falsify resident assessment. Makes the Secretary responsible for certifying that State nursing facilities comply, and States responsible for certifying that other nursing facilities comply with Medicaid nursing facility requirements. Bases such certification on surveys conducted within two months of any change in the ownership or administration of such a facility and, an annual, unannounced standard survey. Subjects facilities with poor compliance records to extended surveys. Directs the Secretary to: (1) develop and test a protocol for conducting surveys; (2) establish minimum qualifications for surveyors and train them in the use of resident assessment instruments; and (3) conduct sample surveys of nursing facilities, within two months of State surveys, to test the adequacy of State surveys and reduce Federal payments for State Medicaid administrative costs if such State surveys prove inadequate. Authorizes the Secretary to conduct a special survey of a facility when there is reason to question its compliance with this Act. Requires States to investigate complaints against, and monitor the compliance of, a facility with this Act's requirements if the facility was previously found out of compliance with such requirements or the State has reason to question its compliance. Requires that certain information regarding nursing facilities and their compliance with this Act's requirements be made available to the public. Provides long-term care ombudsmen, resident's physicians, and the State board which licenses facility administrators with notice of a facility's poor quality of care. Gives State Medicaid fraud and abuse control units access to facility survey and certification information. Sets the Federal matching percentage for nursing facility certification activities at 90 percent in FY 1990, 85 percent in FY 1991, 80 percent in FY 1992, and 75 percent thereafter. Eliminates current penalties applied to a State when its control over the utilization of skilled nursing or intermediate care facility services is deemed inadequate. Requires that when the Secretary or a State determines that a nursing facility's deficiencies immediately jeopardize residents' health and safety, immediate action be taken to remove the jeopardy and correct the deficiencies or such facility's participation in Medicaid be terminated. Directs the Secretary and States to apply certain other remedies where the health and safety of facility residents is not immediately jeopardized. Authorizes the imposition of civil money penalties against facilities found to be in compliance with this Act's requirements but to have been out of compliance previously. Provides that if a facility is out of compliance with any of this Act's requirements three months after having been found out of compliance with such requirements or on three consecutive standard surveys, Medicaid payments for newly admitted residents shall be denied and, in the latter case, on-site monitoring of the facility's compliance shall be established. Authorizes each State to establish a program providing rewards to facilities providing the highest quality of care. Sets forth special rules which are to be applied where a State and the Secretary do not agree on a finding of noncompliance or the remedies which should be prescribed. Requires States to provide each institutionalized Medicaid beneficiary who is not receiving payments under title XVI (Supplemental Security Income) of the Act with a monthly personal needs allowance of at least $35 in 1988, with subsequent annual increases in such allowance reflecting increases in the cost-of-living. Directs the Secretary to report to the Congress annually on the extent to which nursing facilities are complying with this Act's requirements, and the number and type of enforcement actions taken against such facilities. Subpart B: Other Provisions - Authorizes California to set a special Medicaid income eligibility level for a family of two individuals both of whom are adults and at least one of whom is aged, blind, or disabled. Requires a State, under a home or community-based waiver, to cover home or community-based services provided pursuant to a written plan of care to individuals age 65 or older with respect to whom there has been a determination that but for the provision of such services the individuals would require the level of care provided in a skilled nursing or intermediate care facility, the cost of which could be reimbursed under the Medicaid program. Provides that such a waiver shall be an initial three-year term and, upon a State's request, for additional five year terms. Sets funding limitations. Provides that for the initial determination of an institutionalized spouse's Medicaid eligibility the institutionalized spouse may transfer his or her resources to the community spouse to the extent the spousal share (computed by dividing the sum of the spouse's resources in half) is less than $12,000 (adjusted annually to reflect changes in the cost-of-living), but attributes any resources not solely in the ownership of the community spouse to the institutionalized spouse if such transfer is not made. Considers resources held in the name of the community spouse to be available to the institutionalized spouse to the extent their value exceeds $48,000 (adjusted annually to reflect changes in the cost-of-living), or, if greater, the amount a court has ordered to be retained by the community spouse for support. Provides that after the initial eligibility determination: (1) no resources of the community spouse will be considered available to the institutionalized spouse; and (2) the income of the institutionalized spouse will not be considered to include a specified personal needs allowance, community spouse monthly income allowance, family allowance, and incurred expenses for medical or remedial care for the institutionalized spouse that are not covered by a legally liable third party. Sets forth the formulas for determining such allowances. Gives either spouse the right to a hearing to establish that the minimum monthly maintenance needs allowance community spouse monthly income allowance is not adequate to support the community spouse without financial duress so that an adequate amount of support will be substituted for the allowance. Prohibits such allowance from being less than court-ordered support payments. Delays the Medicaid eligibility of institutionalized individuals who disposed of their resources at less than fair market value within two-years prior to applying for Medicaid benefits. Sets forth situations in which a delay shall not be applied. Directs the Secretary to report to the Congress by December 31, 1988, on means of recovering amounts from the estates of deceased Medicaid beneficiaries to pay for Medicaid skilled nursing or intermediate care facility services provided to such beneficiaries. Part 3: Addressing the Needs of Working Welfare Recipients - Amends the Medicaid program to require a State to continue a family's Medicaid eligibility for: (1) six months after the family loses eligibility under part A (Aid to Families with Dependent Children)(AFDC) of title IV of the Act because of increased earnings if the family has received AFDC payments for three of the preceding six months; and (2) for an optional 18 additional months if the family has received the entire six months of extended Medicaid coverage. Terminates extended Medicaid coverage if the family ceases to include a dependent child. Authorizes States to provide the extended Medicaid coverage by paying a family's: (1) expenses for health insurance offered by the caretaker relative's or absent parent's employer; or (2) premium and enrollment costs, during the 18-month extension period, for coverage under a group health plan offered to the caretaker relative, a group health plan offered by the State to its employees, or a health maintenance organization. Requires that States offering such alternative coverage pay, in addition to the premium and enrollment costs for such coverage, any other cost sharing amounts for pregnancy services and ambulatory preventive pediatric care for children born on or after September 30, 1985. Terminates the 18-month extension period if a family's earnings exceed 185 percent of the Federal poverty level or the caretaker relative has no earnings for a month due to his or her voluntary loss of employment without good cause. Authorizes States to impose a premium on families receiving the 18 months of extended coverage, but prohibits its exceeding ten percent of the amount by which a family's earnings exceed minimum monthly wage earnings. Requires States to extend Medicaid coverage for six months to families who lose AFDC eligibility as the result of the collection or increased collection of child or spousal support under part D (Child Support and Establishment of Paternity) of title IV of the Act if the family has received AFDC payments for three of the preceding six months. Part 4: Inflation Adjustment for Territories and Miscellaneous Provisions - Amends part A (General Provisions) of title XI of the Act to increase the maximum amount of annual Medicaid payments that may be made to Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands and American Samoa. Amends the Medicaid program to make it clear that: (1) Medicaid clinic services include services furnished by clinic personnel to the homeless outside the clinic; (2) Medicaid physician services include services furnished by dentists. Requires each State to specify which hospitals in the State serve a disproportionate number of low-income patients with special needs and increase the rate or amount of Medicaid payments for such services. Sets forth the criteria for determining whether a hospital serves a disproportionate share of low-income patients, including the requirement that such hospitals have at least two obstetricians on staff who have agreed to serve Medicaid beneficiaries. Treats an agency of the State of New Jersey as a legal public entity which, after an appropriate arrangement with the Secretary, shall be considered a qualified health maintenance organization for purposes of the minimum enrollment period and restrictions on the termination of enrollment without cause. Makes it clear that Medicaid payments for inpatient hospital services, or skilled nursing or intermedicate care facility services shall not be limited by the Secretary to the amount which would be paid for such services under the Medicare program. Sets forth technical and miscellaneous amendments. Subtitle C: Vaccine Compensation - Vaccine Compensation Amendments of 1987 - Amends the Public Health Service Act to provide that payment of compensation for an injury or death from administration of a vaccine before the effective date of this provision shall be made from specified appropriations and that compensation for injury or death from administration on or after the effective date shall be made from the Vaccine Injury Compensation Trust Fund. Authorizes appropriations for FY 1989 through 1992. Removes provisions: (1) placing limitations on the amount of unreimbursable expenses which may be recovered; (2) requiring payments for projected expenses to be paid on a periodic basis; and (3) allowing payments for pain and suffering, emotional distress, and incurred expenses to be paid in a lump sum. Requires compensation for injury or death from administration of a vaccine on or after the effective date to be paid in a lump sum and payment for injury or death from administration before the effective date to be made in four annual installments. Repeals provisions relating to administration by the National Vaccine Injury Compensation Program of awards and relating to revision of awards. Repeals a provision relating to annual inflation increases for certain compensation and for civil penalties. Revises provisions relating to compensation for injury or death from administration of a vaccine before the effective date to change the categories for which compensation is prohibited and allowed and to limit specified types of compensation under certain categories to a stated amount. Directs the Secretary of Health and Human Services to review the number of awards in specified periods and, if the Secretary determines that the number exceeds the number of awards listed in a specified table, to notify the Congress of the determination. Prohibits, in such case, the filing of a petition after a stated period. Makes specified provisions relating to the filing of petitions and relating to additional remedies inapplicable to civil actions for damages for a vaccine-related injury or death for which a petition may not be filed because of such prohibition. Revises provisions relating to petitions for compensation. Allows withdrawal of a petition on which a court has failed to enter a judgment within a specified time. Allows, after withdrawal, maintenance of a civil action for damages. Authorizes awarding of costs of litigation to any plaintiff in certain circumstances in a citizen action against the Secretary for failure to perform under the National Vaccine Program subtitle. (Current law authorizes awarding of costs to any party when appropriate.) Makes general rules relating to petitions for compensation apply to those who administer as well as those who manufacture a vaccine. Subtitle D - User Fees - Directs the Nuclear Regulatory Commission to annually assess user fees. Title V: Committee on Interior and Insular Affairs - Directs the Nuclear Regulatory Commission annually to assess and collect, as of September 30, 1988, user fees in an amount that approximates 75 percent of the Commission's budget in the fiscal year in which such assessment is made. Requires any person who: (1) receives a service or thing of value from the Commission to pay user fees to cover Commission costs in providing such service or thing of value; and (2) holds certain licenses authorizing the operation of a utilization facility with specified thermal rating capacity to pay an annual fee in addition to the user fees. Requires such fee to be determined in a manner that ensures that those licensees who require the greatest expenditure of Commission resources pay the greatest annual fee. Mandates that the user and annual fees be deposited in the General Fund of the Treasury. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to repeal the Commission's mandate to submit a feasibility study regarding annual charges, and to collect user charges based upon such report. Authorizes the State of Wyoming to expand a certain amount of abandoned mine reclamation funds for direct assistance to citizens evacuated from their homes in Campbell County due to hazards from methane and hydrogen sulfide gases. Coal Trade Equalization Act of 1987 - Directs the Secretary of the Interior to investigate and report to the Congress on the relationship between coal imports and: (1) the management of the Federal coal leasing program; and (2) the economic condition of the U.S. coal industry. Directs the Secretary to include in such report appropriate legislative recommendations if coal imports are adversely affecting the management of the Federal coal leasing program and the economic condition of one or more sectors of the U.S. coal industry. Amends the Tariff Schedules of the United States to impose an $8 per ton tariff on coal from countries whose coal exports to the United States historically exceed their imports from the United States. Amends the Trade Act of 1974 to include within the category of import-sensitive articles coal subject to the duty imposed under the Tariff Schedules of the United States. Federal Onshore Oil and Gas Leasing Reform Act of 1987 - Amends Federal law regarding competitive leasing of oil and gas for onshore Federal lands to increase from 640 acres to 2,560 acres the units of land open to competitive leasing. Restricts the maximum units in Alaska to 5,760 acres. Provides for lease sales to be: (1) conducted by oral bidding; and (2) held at least quarterly in each State (or more frequently at the Secretary's discretion). Conditions such lease sales upon the payment of specified royalties. Sets forth a $75 bidding fee. Requires the Secretary of the Interior (the Secretary) to accept the highest bid from a responsible bidder. Makes lands available for leasing without competitive bidding for a maximum one-year period if no bids have been received. Increases the annual lease rental from 50 cents to $1.00 per acre for the first five years, and for a minimum $3 per acre per year for each year thereafter. Increases the minimum royalty upon discovery of oil or gas in paying quantities from $1 per acre to $3 per acre. Requires the Secretary to make maps and narrative descriptions available to the public at least: (1) 60 days before offering lands for lease; and (2) at least 30 days before substantially modifying lease terms. Directs the Secretary to provide periodic notice to State and local governments and to the public regarding pending applications for drilling permits. Prescribes guidelines under which the Secretary (or the Secretary of Agriculture for national public domain forest lands) must regulate surface-disturbing activities conducted upon lease lands. Authorizes the Secretary to disapprove specified lease assignments at his discretion. Amends lease cancellation conditions to provide that leases will not be cancelled due to the lessee's non-compliance with lease terms if: (1) the leasehold contains a well capable of oil or gas production in paying quantities; or (2) the lease is committed to an approved cooperative, unit plan, or communitization agreement which contains a well capable of unitized substances production in paying quantities. Permits the issuance of oil or gas leases on public lands (or public domain national forest lands) only if such leasing has been evaluated and approved in a land use plan meeting certain statutory requirements. Prescribes guidelines for such land use plans. Prohibits the issuance of oil or gas leases upon certain lands allocated or designated as wilderness areas. Sets forth guidelines for the promulgation of regulations regarding lease sales. Imposes civil and criminal penalties upon persons who willfully and knowingly misrepresent the value of lands and leases under this Act. Grants to the States concurrent civil and criminal jurisdiction for violations of this Act. States that Federal law regarding competitive leasing of oil and gas for onshore Federal lands may be cited as the Mineral Lands Leasing Act of 1920. Amends the Reclamation Reform Act of 1982 to declare that it is the intent of the Congress that no person shall receive irrigation water at less than full cost on more than 960 acres of class I lands, or the equivalent, in which such person has an economic interest. Makes Federal reclamation law applicable to all trusts established under State or Federal law. Modifies the Federal reclamation law requirements applicable to trust lands. Prescribes the administrative procedures applicable to any person who receives irrigation water and enters into a farm management operational relationship. Sets forth penalties for evasion of such administrative provisions. Land and Water Conservation Fund Act Amendments of 1987 - Amends the Land and Water Conservation Fund Act of 1965 to increase from $10 to $25 the charge for the annual admission permit (the Golden Eagle Passport) into any entrance fee area of the National Park System. Authorizes the Secretary of the Interior to make available an annual admission permit for a reasonable fee for a specific unit or units. Sets fee limits for single-visit permits. Prohibits charging fees at any National Park unit located in an urbanized area where a fee was not charged prior to September 30, 1986. Directs the Secretary of the Interior to report to specified congressional committees a list of units and their proposed admission fees. Prohibits admission fees for persons 16 years of age or less. Sets admission fee limitations for Grand Canyon, Yellowstone, and Grand Teton National Parks. Makes admission fees available to the collecting agency for resource protection, research, interpretation, and maintenance at outdoor recreation facilities managed by that agency. Allocates funds collected by the National Park Service to Park units based upon operating expenses for 50 percent of the funds and on user and admission fees for the remainder. Permits the use of such funds for resource protection, research, and interpretation, and in the case of funds from user fees, for maintenance. Authorizes volunteers or other entities to sell permits and collect fees. Permits the charge of a transportation fee in lieu of an entrance fee at parks with transportation systems. Provides for the distribution of such funds with the park itself retaining 50 percent outright. Directs the Secretary to study the feasibility of adjusting entrance fees to encourage alternative transportation usage and visitation at off-peak times. Requires the study to include a pilot program at Yosemite National Park. Directs the Secretary to report to specified congressional committees within three years on such study. Extends the Land and Water Conservation Fund through FY 2015. Directs the President to make an annual accounting of fees collected and their proposed distribution. Prohibits fund transfers, as specified. Title VI: Committee on Merchant Marine and Fisheries - Subtitle A - Oil Pollution and Liability and Compensation - Oil Pollution Liability and Compensation Act of 1987 - Chapter I: Oil Pollution Liability and Compensation - Imposes joint, several, and strict liability for specified removal costs and damages upon the party responsible for a vessel or facility from which oil is either discharged into certain waters, or which poses a substantial threat of such a discharge. Exempts from such liability certain discharges permitted under Federal, State and local law. Defines conditions under which a mobile offshore drilling unit will be treated as either a tanker or as a facility for purposes of determining responsibility or excess liability. Sets forth defenses to liability under this Act. Sets forth limits to liability under this Act, with specified exceptions. Authorizes the Secretary of Transportation to establish by regulation a maximum liability limit. Requires the Secretary to report to the Congress from time to time regarding liability adjustments. Declares that the responsible party or his guarantor shall be liable to the claimant for interest on the amount paid in satisfaction of a claim for a specified period. Defines circumstances under which liability for injury to natural resources shall be to either: (1) the United States; (2) the affected State; or (3) a foreign government. Sets forth recovery and indemnification procedures. Sets forth the uses of the Oil Spill Liability Trust Fund (the Fund) including: (1) payment of removal costs and administrative expenses; and (2) contributions to the International Fund. Sets forth defenses to liability for such Fund and a specified maximum amount which may be paid from the Fund. Confers rights of subrogation upon the United States for payment of any claim by the Fund. Sets forth a claims procedure for removal costs or damages. Requires the Secretary to designate the source of a discharge and to immediately notify the responsible party or guarantor of such designation. Sets forth the advertisement procedures to be followed by such a designee or guarantor. Grants subrogation rights to any person (including the Fund) who pays compensation under this Act to any claimant for costs or damages. Requires the party responsible for certain vessels over 300 gross tons to establish and maintain evidence of financial responsibility to meet maximum liability limits. Requires the Secretary of the Treasury to withhold or revoke the clearance of any vessel which fails to certify such financial responsibility. Sets forth circumstances under which such vessels may have entry into U.S. ports or waters denied, or have their oil cargo seized. Imposes a civil penalty for failure to comply with the financial responsibility requirement. Restricts judicial review of any regulation promulgated under this Act to the Circuit Court of Appeals for the District of Columbia. Grants the district courts original jurisdiction over all actions arising under this Act. Sets forth a limitation period for actions for removal costs, damages, or contribution. Chapter II: Conforming Amendments - Sets forth conforming amendments to certain related statutes. Chapter III: Implementation of International Conventions - States that during any period in which the Civil Liability Convention and the Fund Convention are in force with respect to the United States, owner liability for pollution damage arising from a ship-related incident shall be determined according to such Conventions. Grants recognition to the International Oil Pollution Compensation Fund as a legal person under Federal law, and deems the Director of such Fund to have irrevocably appointed the Secretary of State as the Fund's agent for service of process for legal proceedings involving the Fund within the United States. Exempts such Fund and its assets from all direct taxation in the United States. Provides that certain required contributions with respect to oil received in the United States shall be paid to the International Fund from the Oil Spill Liability Trust Fund. Grants recognition of any final judgment of a court of any country which is a party to either the Civil Liability Convention or the Fund Convention. Sets forth the financial responsibility requirements of ship-owners whose vessels are subject to the Civil Liability Convention. Imposes specified sanctions and civil penalties upon persons violating the financial responsibility requirements. Waives all U.S. defenses based upon sovereign immunity with respect to any controversy arising under the Civil Liability Convention or the Fund Convention relating to any ship owned by the United States and used for commercial purposes. Authorizes the Secretary to prescribe regulations to implement this Act, and all Federal obligations under the specified Oil Pollution Conventions. Subtitle B: Navigation Enhancement User Fees - Navigation Enhancement User Fee Act of 1987 - Directs the Secretary of the department in which the Coast Guard is operating to establish fees to cover the costs of the Government to enhance the ability of a vessel to more safely transit the Persian Gulf, when requested or required of any department, agency, or instrumentality of the Government, and when the request is not for research and rescue services. Subtitle C: Investment in Panama Canal - Amends the Panama Canal Act of 1979 to require that the investment of the United States in the Panama Canal be increased by the amount of tolls and other receipts that covers interest on the U.S. investment and that was deposited in the Panama Canal Commission Fund before 1986. Title VII: Committee on Post Office and Civil Service - Increases Federal pay by three percent for FY 1988, 4.8 percent for FY 1989, and 5.2 percent for FY 1990. Makes such increases effective the first applicable pay period beginning on or after January 1, of the fiscal year involved (except in the case of prevailing rate employees, whose pay increases shall take effect 90 days later). Declares that amounts appropriated to provide for such increases shall cover not to exceed 35 percent of the increase for FY 1988 and 50 percent of the increase for FY 1989 and 1990. Requires the President to include in the budget for the United States for FY 1988, 1989, and 1990, estimates as to: (1) the total amount attributable to Federal pay increases; and (2) the total amount which would be required to provide for the full amount of such increases. Requires the continuation of six-day mail delivery until October 31, 1990. Eliminates the authority for members of the Board of Governors of the United States Postal Service to serve beyond the expiration of their terms. Title VIII: Committee on Veterans' Affairs - Expresses the sense of the Congress that: (1) the Congressional Budget Office should reverse its decision on accounting for loans sold with recourse by the Veterans Administration (VA); and (2) any change in the assets sales policy of the VA should not be considered in future budget resolutions as a means of achieving deficit reduction. Amends Federal veterans' benefits provisions to revise the amount of a housing loan that may be guaranteed by the VA from not more than 60 percent of the loan amount up to $27,500 to not more than 40 percent of the loan or $40,000, whichever is less, reduced by any entitlement previously received. Revises the amount of a loan that may be guaranteed for a veteran for the purchase of manufactured homes or lots from an amount not to exceed 50 percent of the loan amount or $20,000 to 30 percent of the loan or $20,000, whichever is less, reduced by the amount of any entitlement previously received. Increases the principal amount of a direct housing loan allowed to be made to a veteran from a specified ratio using $27,500 as its denominator to a ratio using $40,000, in conformance with the revised guarantee limitations. Revises the percentage of purchases of property acquired by the Administrator as the result of defaults on veterans' housing loans that may be financed by VA loans in FY 1988 through 1990. Title IX: House Committee on Ways and Means - Spending Measures - Subtitle A: OASDI Provisions - Part I: Coverage and Benefits - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to include inactive duty military training as covered employment. Treats all cash pay of agricultural employees who employers spend $2,500 or more a year for agricultural labor as covered wages. Considers employer payments into a life insurance plan established for his or her employees as covered wages if such payments are included in the employees' gross income under the Internal Revenue Code. Includes as covered employment, services performed by one spouse in the employ of the other spouse, except for domestic services performed in the employer spouse's home. Reduces to 18 the age after which services performed in the parents employ may be treated as employment, but requires a child to be 21 before service outside the employing parent's trade or business or domestic service in the parent's home will be considered employment. Makes reductions in title II survivors' benefits made to offset government pensions applicable to Federal employees receiving pensions under the Federal Employees' Retirement System or the Civil Service Retirement System, unless their pensions are based on at least five years of service. Lessens the severity of OASDI benefit reductions applicable to individuals whose benefits are based in part on noncovered service. Makes such reductions inapplicable to individuals who have at least 25 years of coverage. Authorizes the modification of an agreement between the Secretary and Iowa, providing OASDI coverage for certain State and local employees, to make police and firemen in Iowa eligible for OASDI coverage. Amends titles II and XVI (Supplemental Security Income) of the Act to require individuals to be paid interim benefits in cases where an administrative law judge has determined their entitlement to certain benefits, but the Secretary's final decision has not been issued within 110 days of the judge's decision. Extends, until June 1989, the continuation of disability benefits pending an individual's appeal of the termination of such benefits. Preserves an individual's eligibility for disability benefits for at least 60 months following his or her engagement in trial work, unless such individual has engaged in substantial gainful activity in three of those months. Amends the Internal Revenue Code to include employee tips within the wages on which social security employer taxes are based. Part 2: Other Social Security Provisions - Sets forth the procedure for determining the recoverable amount of fees for, and awarding fees to, attorneys who successfully represent the interests of OASDI claimants in administrative proceedings. Includes corporate directors within the definition of an "employee" under the OASDI program. Provides that when an individual dies before the close of a taxable year in which he or she would have attained retirement age the earnings test shall apply to the full 12-month taxable year. Prohibits the payment of OASDI benefits to individuals who have been deported pursuant to the Immigration and Nationality Act because of activities conducted under the direction of or in association with the Nazi government of Germany or its allies. Amends the OASDI and Medicare (title XVIII of the Act) programs to provide that public members of the Boards of Trustees of the Social Security Trust Funds who fill vacancies occurring before the expiration of their predecessor's term shall be appointed only for the remainder of such term. Part 3: Railroad Retirement Program - Amends the Internal Revenue Code to increase the rate of the tier 2 railroad retirement tax imposed on railroad employees and employers. Establishes a Commission on Railroad Retirement Reform to study issues pertaining to the long-term financing of the railroad retirement system. Requires the Commission to report to the President and the Congress regarding such study by October 1, 1989. Subtitle B: Family Welfare Reform - Family Welfare Reform Act of 1987 - Declares that, hereafter, the Aid to Families with Dependent Children program (part A of title IV of the Social Security Act) shall be known as the Family Support Program (FSP) and the aid paid to needy families with dependent children shall be called family support supplements. Part 1: National Education, Training, and Work (Network) Program - Amends the Aid to Families with Dependent Children (AFDC) program to require States to establish an education, training, and work program (Program) which helps needy children and parents avoid long-term welfare dependence. Requires private sector and local government involvement in planning and Program design to assure that participants are trained for jobs that will actually be available in the community. Requires adult recipients of family support supplements to participate in the Program if it is available in the political subdivision where he or she resides and State resources otherwise permit. Directs the State to fully inform such recipients of the opportunities offered under the Program. Lists recipients who are exempt from mandatory participation in the Program, including individuals who: (1) are ill, incapacitated, pregnant, or age 60 or older; (2) are needed at home due to the illness or incapacity of another family member; (3) work 20 or more hours a week; (4) are children under age 16 or attending, full time, an elementary, secondary, or vocational school, except in the case of certain minor parents; or (5) care for a child under age three, but such exception shall apply to only one percent in two-parent families. Prohibits States from requiring the participation of a parent or relative of a child under age six unless day or infant care is guaranteed by the State and participation is on a part-time basis. Authorizes the Secretary of Health and Human Services to permit States to require the participation of a parent or relative of a child who has attained age one but not age three if infant care is guaranteed by the State, within certain dollar limitations, and participation is on a part-time basis. Provides that if the caretaker relative or dependent child is attending a school or a course of vocational or technical training designed to lead to employment when he or she would otherwise commence participation in the Program, such attendance may constitute satisfactory participation in the Program, though the costs of such schooling or training shall not be covered by the FSP. Directs States to give priority in Program participation to families: (1) with teenage parents and parents who were under age 18 when their first child was born; (2) that have been receiving family support supplements continuously for two or more years; and (3) with children under age six. Requires States to make an initial assessment of the educational needs, skills, and employability of each Program participant and on that basis negotiate a family support plan with each participant which, to the maximum extent possible, reflects the participant's preferences. Requires each participant to then negotiate a contract with the State which specifies the duration of his or her participation as well as the activities the State will conduct and services it will provide in the course of such participation. Directs the State to assign a case manager to each participating family who is responsible for: (1) obtaining, on the family's behalf, any other services which may assure the family's effective participation; (2) monitoring a participant's progress; and (3) periodically reviewing and renegotiating the family support plan and the participant's contract with the State. Requires State Programs to provide a broad range of services and activities, including: (1) high school or equivalent education; (2) remedial education; (3) job search, training and placement services; and (4) counseling, information, and referral for participants experiencing personal and family problems which may be affecting their ability to work. Gives any participant lacking a high school diploma the opportunity to participate in a program addressing the education needs identified in the participant's initial assessment without interference from required participation in other programs and activities. Requires that children in participating families be encouraged to engage in the education or training activities available under the Program and be provided with additional services and incentives designed to keep them in school and help them obtain marketable job skills. Requires each work assignment to be consistent with the physical capacity, skills, experience, health, family responsibilities, and place of residence of each participant. Prohibits work assignments which displace a currently employed worker or position, impair existing contracts for services or collective bargaining agreements, fill the job of a worker who has been laid off or fired, or infringe on the promotional opportunities of a currently employed worker. Requires that the wage rate for any position to which a participant is assigned be at least equal to the current pay scale for that position, or, if there is no current pay scale for that position, at least equal to the greater of the applicable Federal or State minimum wage. Establishes a grievance procedure for complaints about the Program which are received from participants, subgrantees, subcontractors, and other interested persons. Prohibits States from requiring participants to accept a job which would result in a loss of income to the participant or his or her family. Requires that Program activities be coordinated with Job Training Partnership Act programs and any other relevant employment, training, and education programs available in the State. Authorizes any State to institute a work supplementation program under which such State reserves sums which would otherwise be payable to program participants as family support supplements and uses such sums instead to subsidize jobs for such participants. Authorizes any State to establish a community work experience program to provide experience and training for individuals not otherwise able to obtain employment. Limits such programs to projects which serve a useful public purpose utilizing, if possible, the participant's prior training, experience, and skills. Prohibits Program participants from filling established unfilled position vacancies. Limits community work program participants to work or training (or both) for up to six months or unpaid work experience or training for up to three months. Requires that: (1) a reassessment be made and a new employability plan developed for participants who do not obtain employment after participation in a community work program; and (2) other Program activities be coordinated with the community work program so that job placement has priority over participation in such program. Prohibits an individual from participating in job search without participating in one or more other Program services or activities if job search has continued for eight weeks or longer without the individual obtaining a job. Provides that when a mandatory Program participant fails without good cause to comply with any requirement imposed on his or her participation in such Program: (1) such participant's needs shall not be taken into account in determining the family support supplement; and (2) if such participant's spouse is not participating in the Program, the spouse's need shall not be taken into account in determining the family support supplement. Continues sanctions for a minimum of three months if the participant failed to comply on a previous occasion. Directs States, after three months of a participant's noncompliance, to remind the participant in writing of his or her option to end the sanction. Requires the Secretary of Health and Human Services to: (1) publish final regulations, within nine months of this Act's enactment, and performance standards, within one year of this Act's enactment, for such Programs; (2) develop a legislative proposal for modifying the Federal AFDC matching rate so that it reflects the relative effectiveness of the various States in carrying out the Programs; and (3) provide for the continuing evaluation of State Programs and the conduct of research on making such Programs more effective. Directs the Secretary to establish uniform reporting requirements requiring each State to periodically furnish Program information to the Secretary, including the average monthly number and types of families assisted under each Program service and activity, the amounts expended on such families, and the length of time for which such families are assisted. Sets the Federal matching rate at 65 percent of the expenditures for education and training under the Program and 50 percent of the administrative costs of such Program. Amends title XI (General Provisions) of the Act to authorize States to conduct demonstration projects testing: (1) financial incentives and interdisciplinary approaches to reducing school dropouts, encouraging skill development, and avoiding the welfare dependence of children receiving family support supplements; (2) the effect of in-home early childhood development and pre-school center-based development programs on families receiving family support supplement payments and participating in this Act's Program; and (3) whether eliminating durational standards, used in defining unemployment for family support supplement eligibility purposes, and requiring parents to accept reasonable job offers while preserving their eligibility for supplement payments would encourage their entrance into the permanent work force and thereby reduce FSP costs. Authorizes the Secretary to make grants to States to assist in financing such projects. Part 2: Day Care, Transportation, and Other Work-Related Expenses - Requires States to either: (1) provide day care for dependent children and incapacitated individuals living in the same home as a dependent child; or (2) reimburse the caretaker relative for the cost of such care, if and to the extent such care is directly related to an individual's participation in the Program, reasonably necessary for such participation, and cost-effective. Provides coverage for certain transportation and other work-related costs. Continues day care coverage for six months after a family's eligibility for support supplements ceases, but permits States to reduce such coverage on the basis of a family's ability to pay. Authorizes State demonstration projects testing: (1) whether the employment of parents receiving family support supplements as day care providers for children receiving such aid will make additional day care services available while creating employment opportunities for such parents; and (2) the effect of increasing the maximum excludable value of automobiles for FSP eligibility purposes. Directs States to regularly assess the availability and reliability of child care services available to Program participants, and when necessary, develop new child care resources and coordinate Family Support program child care with other child care programs. Part 3: Real Work Incentives - Excludes, in determining a family's eligibility for supplement payments: (1) the earned income of students who are not full-time employees; (2) $100 plus 25 percent of any family member's monthly earned income; (3) $50 of monthly child support payments; and (4) earned income credits payable to the family under the Internal Revenue Code. Authorizes States to disregard certain of the income of dependent children or minor parents applying for family support supplements if the dependent children are full-time students or the income is derived from a Job Training Partnership Act program. Prohibits application of the $100 and 25 percent earned income exclusion in the case of individuals who, without good cause: (1) terminate their employment or reduce their income; (2) refuse a bona fide offer of employment; or (3) fail to make a timely report of their monthly earned income. Authorizes States to increase the amount of an individual's earned income excluded under this Act in making family support supplement eligibility determinations. Part 4: Transitional Services for Families - Requires a State to continue a family's Medicaid (title XIX of the Act) eligibility for six months after the family's eligibility for family support supplements ends, unless such eligibility was terminated due to fraud or the imposition of a sanction. Terminates extended Medicaid coverage if the family ceases to include a dependent child or a family member engages in certain conduct which would warrant sanctions under the Family Support program. Part 5: Child Support Enforcement Amendments - Amends part D (Child Support and Establishment of Paternity) of title IV of the Act to direct States to establish binding guidelines for child support award amounts. (Currently, such guidelines need not be binding.) Creates a rebuttable presumption in any judicial or administrative proceeding that the child support award which results from the application of such guidelines is correct. Requires States to review and, if necessary, update such guidelines once every three years and review and update all child support orders at least once every two years to ensure that they continue to comply with child support award guidelines. Requires States to abide by State due process requirements when updating child support awards. Directs States to: (1) determine the paternity of every child within the State whose family receives family support supplements as soon as possible after the child's birth but in no event later than their 18th birthday; and (2) require the parties in a contested paternity case to submit to genetic tests upon the request of a party in such case, using a 95 percent probability index from blood tests as a rebuttable presumption of paternity. Encourages States to establish and implement simple civil processes for voluntarily acknowledging paternity and a civil procedure for establishing paternity in contested cases. Sets performance standards for paternity determinations from FY 1989 through 1993. Alters the formula for determining the incentive payment to be paid to a State for its child support collection efforts to take into account cases in which a child's paternity has been established but support collection has not begun or amounts to less than $100 a month. Amends part A (General Provisions) of title XI of the Act to authorize States to conduct demonstration projects identifying and testing possible solutions to problems arising in connection with visitation by absent parents and child custody. Authorizes the Secretary to make grants to States to assist in financing such projects. Requires the Department of Health and Human Services to establish the time within which a State must respond to requests for assistance in locating absent parents or establishing paternity, and begin proceedings to establish child support awards. Requires States to have an operational automatic data processing and information retrieval system for the child support enforcement and establishment of paternity determination process by October 1, 1992. Excludes the cost of certain interestate child support enforcement projects from the computation of the incentive payment to a State for its child support collection efforts. Lowers the Federal matching rate for part D expenses to 66 percent for States which are not fully in compliance with the Child Support Enforcement Amendments of 1984 at any time after the expiration of six months after this Act's enactment. Sets such rate at 70 percent for States which comply with such amendments and have in effect a law providing, with specified exceptions, for the immediate withholding of court-ordered child support from a parent's wages. Establishes a commission to examine the problems of interestate child support enforcement and develop a new model interestate law to facilitate and strengthen such enforcement. Requires such commission to report its findings to the President and the Congress with one year of this Act's enactment. Authorizes appropriations. Directs the Secretary to conduct a study of the patterns of expenditures on children in two-parent families, in single-parent families following divorce, and in single-parent families in which the parents were never married, giving particular attention to the relative standards-of-living in households in which both parents and all of the children do not live together. Directs the Secretary to report to the Congress on such study within two years of this Act's enactment. Authorizes appropriations for such study. Requires the Secretary to make grants to States for demonstration projects under which absent parents who owe child support, but whose income is insufficient to pay such support, are encouraged to participate in work, education, and training activities available in the State. Directs the Secretary to collect and maintain up-to-date child support enforcement data. Requires the Secretary of Labor to make the name, social security number, current address, and place of employment of any specified individual available to the Parent Locator Service and State child support enforcement agencies which request such information. Part 6: Pro-Family Welfare Policies - Requires States to pay family support supplements with respect to dependent children of unemployed parents in two-parent families. Includes within the definition "quarter of work", for the purpose of determining a family's eligibility for assistance, the parent's: (1) full-time attendance as an elementary or secondary school student; (2) full-time attendance in a vocational or technical training course; and (3) participation in a Job Training Partnership Act education or training program. Directs the Comptroller General to conduct a study of State FSP administration in cases involving unemployed parents and recommend changes to the Congress, within six months of this Act's enactment, which would make such administration less cumbersome and prone to error. Directs States to assign an individual case manager to each family receiving family support supplements which is headed by a minor parent. Requires unmarried minor parents to live with a parent, legal guardian, other adult relative, or in a foster home, maternity home, or other supportive living arrangement, unless the State determines that, given specified circumstances, it is impossible or inappropriate for them to do so. Treats the minor parent and minor parent's children as a family separate from the parent and parent's children with whom the minor parent resides in determining the minor parent's eligibility for supplement payments. Authorizes States to condition a minor parent's eligibility on his or her: (1) part-time school attendance; or (2) training in parenting and family living skills. Repeals the requirement that part of the income of the parent of a minor parent with whom such minor parent resides be attributed to the dependent child in a minor parent family. Part 7: Benefit Improvements - Directs each State to re-evaluate annually its FSP need and payment standard, giving particular attention to whether the amount it has assumed to be necessary for shelter is adequate. Sets forth reporting requirements. Increases by 25 percent the Federal share of family support supplements which represent an increase in the supplement level in effect on September 30, 1988. Requires the National Academy of Sciences to conduct a study of a new national system of welfare benefits for low-income families with children giving particular attention to what an appropriate national minimum benefit might be and how it should be calculated. Directs the Academy to report its recommendations to the Secretary (for prompt transmittal to the Congress) within two years of this Act's enactment. Part 8: Miscellaneous Provisions - Establishes a Commission on the Coordination of Family Support and Food Stamp Policies to conduct a study and make recommendations to the President and the Congress within one year of this Act's enactment regarding the coordination of the food stamp program under the Food Stamp Act of 1977 and the Family Support Program. Directs the Secretary to establish uniform reporting requirements requiring each State to periodically furnish the Secretary with information regarding FSP implementation. Amends title XX (Block Grants to States for Social Services) to require each State to submit an annual report to the Secretary containing specified information regarding the use of such funds. Directs the Secretary to convene an Interagency Panel to design, implement, and monitor a series of implementation and evaluation studies to assess the methods and effects of the programs initiated under this subtitle. Requires the Panel to report to the President and the Congress annually over the five-year period beginning with this Act's enactment on such studies. Establishes a program providing grants to States selected to conduct demonstration projects testing whether FSP housing costs can be reduced by constructing and rehabilitating permanent housing for rental to FSP families who would otherwise require FSP emergency assistance in the form of temporary housing. Provides that, to be eligible for selection as one of three States authorized to conduct such a project, a State must: (1) be currently providing FSP emergency housing assistance; (2) have an acute need for Federal assistance by virtue of the large number of homeless FSP families, and shortages of low-income housing, in the jurisdiction(s) where such project would be conducted; and (3) submit a plan to achieve significant cost saving over a ten-year period through the conduct of such project. Requires that such grants be used to provide permanent housing which is: (1) owned by the State, an instrumentality of the State, or a nonprofit organization; (2) available to families who have been unable to find decent housing at rents that can be paid with FSP aid for shelter; and (3) located in jurisdictions experiencing a critical shortage of such housing. Requires that: (1) the most costly temporary housing be retired from use in the emergency assistance program as permanent housing becomes available for occupancy, unless temporary housing is demonstrably needed; and (2) the costs of providing permanent housing be lower than costs which would be incurred if, instead, the State made FSP emergency assistance payments providing temporary housing. Sets the State contribution to the cost of constructing or rehabilitating such housing at least the current State FSP share increased by ten percent. Authorizes appropriations for the grant program for each of the first five fiscal years following FY 1987. Authorizes the Secretary to approve, as alternatives to the Family Support Program: (1) a five-year demonstration project testing New York State's Child Support Supplement Program; and (2) a five-year demonstration project testing Washington State's Family Independence Program. Requires the Secretary of Health and Human Services and the Secretary of Housing and Urban Development to establish an interagency working group to conduct a study and report to the Congress within six months of this Act's enactment on the housing problems faced by FSP families. Provides that in determining a family's support supplement level the needs of a family member who is a drug addict or alcoholic shall not be taken into account if such individual terminates his or her enrollment in a treatment program before such treatment is completed and does not resume treatment. Amends part A (General Provisions) of title XI of the Act to include American Samoa in the Family Support program. Limits Federal funding for American Samoa's program to $1,000,000 for any fiscal year. Increases the total amount of Federal payments which may be made to Puerto Rico, Guam, and the Virgin Islands in any fiscal year under titles I (Grants to States for Old-Age Assistance for the Aged), X (Grants for States for Aid to the Blind), XIV (Grants to States for Aid to the Permanently and Totally Disabled), XVI (Grants to States for Aid to the Aged, Blind, or Disabled), and parts A (Aid to Families with Dependent Children) and E (Foster Care and Adoption Assistance) of title IV of the Act. Subtitle C: Provisions Relating to Public Assistance and Unemployment Compensation - Part 1: AFDC and SSI Amendments - Amends the Deficit Reduction Act of 1984 to permanently disregard in-kind assistance provided by nonprofit organizations to Supplemental Security Income (SSI) program (under title XVI of the Social Security Act) and FSP beneficiaries in determining the need or eligibility of such recipients. Amends the Family Support program to authorize States to establish and operate an FSP fraud control program under which an individual who fraudulently establishes or maintains his or her family's FSP eligibility shall have his or her needs ignored in determining the families need for FSP assistance. Sets the Federal share of the costs of such fraud control programs at 75 percent. Excludes real property which, for specified reasons, cannot be sold from SSI resource eligibility determinations. Directs the Secretary, where necessary to avoid undue hardship, to suspend the penalties applied when individuals become SSI eligible by disposing of their resources at less than market value. Applies such penalties only where resources were disposed of within the past 24 months at more than $3,000 below their market value. Excludes interest and appreciation on amounts set aside to meet burial and related expenses from SSI resource eligibility determinations and family support supplement payments from SSI income eligibility determinations. Amends the SSI program to authorize States to treat a husband and wife living in the same medical facility, whether or not they share a room, as though they were an SSI-eligible individual and his or her eligible spouse rather than two eligible individuals. Extends, until July 1, 1988, the deadline for disabled widows or widowers who became ineligible for SSI benefits by reason of the increase in OASDI benefits caused by the Social Security Amendments of 1983 to apply for Medicaid coverage. Authorizes the Secretary to make an emergency cash advance to presumptively eligible individuals who are initially applying for SSI benefits up to the amount which would be payable for the first month to an eligible individual with no other income. Extends Federal reimbursement of State interim SSI assistance to cover such assistance provided for the period during which: (1) an individual's benefits were erroneously terminated or suspended; or (2) an issued benefit check was lost or stolen before being negotiated and was not promptly replaced. Entitles individuals who are applying for or receiving SSI benefits on the basis of blindness to elect to receive either supplementary notice by telephone or initial notice by certified mail of any determination made or other action taken with respect to such individual's SSI rights. Directs the Secretary to study the desirability and feasibility for extending such notification rights to other individuals who may lack the ability to read. Prohibits individuals who are in a public emergency shelter for the homeless for more than 12 consecutive months from being eligible for SSI payments. (Currently, SSI eligibility terminates when an individual has been in such shelter for more than three months in a 12-month period.) Excludes amounts received under the OASDI or SSI program for the underpayment of benefits within the preceding 12 months from SSI resource eligibility determinations. (Currently, such exclusion applies to reimbursement for under payments within the preceding six months.) Continues the provision of full SSI benefits to individuals whose institutionalization is likely not to exceed three months during a continuous period of institutionalization and who need to continue to maintain and provide for the expenses of the home or living arrangement to which he or she may return after institutionalization. Treats individuals who are ineligible for SSI benefits by reason of their receipt of widow's or widower's insurance benefits under the OASDI program as SSI recipients for purposes of the Medicaid program. Authorizes the Secretary to make grants to up to ten States so that each may create an SSI Outreach and Eligibility Team to test the feasibility of developing and using special procedures to: (1) ensure that all homeless individuals in shelters understand their rights to benefits under the SSI program and other Social Security Act programs; (2) assist such individuals in applying for benefits under such programs; and (3) ensuring that all such individuals receive the benefits to which they are entitled. Requires the Secretary to report at least annually to the Congress regarding such outreach activities. Provides that an alien's three-year period of ineligibility for SSI benefits shall not apply when the organization sponsoring the alien is no longer in existence or is adjudged bankrupt. Makes it clear that a State may include in its FSP standard of need an amount for shelter that varies according to the type of housing occupied. Authorizes States to furnish AFDC emergency shelter assistance beyond the current 30-day per year limitation on such assistance. Authorizes the Secretary to approve projects under which States encourage landlords to make permanent shelter available to families receiving AFDC emergency assistance by paying rent for such shelter for the first year at the rate paid for comparable commercial transient accommodations and for the remainder of the lease, which must run for at least two more years, at the applicable AFDC housing allowance. Part 2: Foster Care and Child Welfare Amendments - Amends the Adoption Assistance and Child Welfare Act of 1980 to extend permanently the provision of foster care payments for dependent children voluntarily placed in foster care by their parent or legal guardian. Amends part E (Foster Care and Adoption Assistance) of title IV of the Act to extend, through FY 1989: (1) the ceiling on Federal payments to States for foster care expenditures; and (2) the authority for States to use such payments to cover expenditures under part B (Child Welfare Services) of title IV of the Act. (Currently, such ceiling and authorization runs through FY 1987.) Provides that where a child for whom foster care payments are being made resides in the same foster home or child-care institution as his or her son or daughter the payments made for such child shall include the cost of certain items provided to or on behalf of the child's son or daughter. Part 3: Child Support Enforcement Amendments - Amends part D (Child Support and Establishment of Paternity) of title IV of the Act to continue to provide child support enforcement services to families which cease to receive assistance under the FSP. Requires States to provide child support enforcement services to families covered under the Medicaid program. Part 4: Unemployment Compensation - Changes the effective date for certain extended unemployment benefits program disqualification requirements for purposes of the determination of the amount of the Federal payment to a State under the Federal-State Extended Unemployment Compensation Act of 1970. Directs the Secretary of Labor to enter into agreements with three States for a demonstration program to provide self-employment allowances in lieu of regular or extended unemployment compensation to a certain number of eligible individuals. Requires States to provide specialized services to such individuals. Makes State and Federal requirements relating to availability for work, active search for work, or refusal to accept suitable work inapplicable to such individuals. Requires State evaluation of such program. Directs the Secretary to report to the Congress on such program two years and four years after the enactment of this Act. Amends the Federal Unemployment Tax Act (FuTA) to extend the 6.2 percent rate of the gross employer tax through 1988, 1989, and 1990 (thus extending the 0.2 percent surtax for three years). Lowers such rate to 6.0 percent for 1991 and thereafter. Amends the Social Security Act to direct the Secretary of the Treasury to transfer the amount of additional revenue from such FuTA surtax from the employment security administration account as follows: (1) 50 percent to the Federal unemployment account; and (2) 50 percent to the extended unemployment compensation account. Increases the limitation on the amounts in the two latter accounts from 0.125 to 0.375 of total covered wages. Sets forth a rate of interest on advances to the Federal unemployment account and the extended unemployment compensation account. Credits to the Federal unemployment account interest paid by States on advances. Subtitle D: Medicare Program - Part 1: Provisions Relating to part A of the Medicare Program - Subpart A: Payment for Services - Amends part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act to increase hospital prospective payment rates by one percent for FY 1988, by the market basket percentage increase minus 4.2 percent for FY 1989, and by the market basket percentage increase minus 1.7 percent for FY 1990. Provides an additional one percent increase in such rates in FY 1988, 1989, and 1990 for hospitals located in rural and large urban areas. Makes further payment rate adjustments for hospitals which have indirect medical education costs, serve a disproportionate share of low-income patients, or are exempt from the prospective payment system (PPS). Treats certain hospitals which are located in a rural county which is adjacent to one or more urban areas as being urban hospitals for Medicare payment purposes. Permits a rural hospital with less than 100 beds to furnish extended care services. (Currently, rural hospitals must have less than 50 beds to furnish such services.) Prohibits the making of Medicare payments to hospitals with more than 49 beds for extended care services: (1) which a patient receives after a bed has been available for five days in a skilled nursing facility located within the same region as the hospital, unless the patient's physician certifies that transferring the patient to such facility is medically inappropriate; and (2) to the extent such services utilize more than 15 percent of the bedspace over a cost reporting period. Directs the Secretary of Health and Human Services to report to the Congress by February 1989 concerning: (1) the proportion of hospital admissions for extended care services which are denied or approved by a peer review organization; and (2) methods of encouraging eligible hospitals that have a low occupancy rate and are located in areas in need of extended care service providers to enter into agreements with the Secretary to provide such services. Extends, through FY 1990, the provision of additional payments to sole community hospitals experiencing a decrease of more than five percent in patient volume for a cost reporting period due to circumstances beyond their control. Requires the Secretary to report to the Congress by March 1, 1988, on the appropriateness of the criteria for designating hospitals as sole community hospitals. Extends the Medicare classification of rural referral centers to include rural hospitals having more than 275 beds. (Currently, such hospitals must have more than 500 beds to be classified as rural referral centers.) Requires the Secretary to report to the Congress by March 1, 1989, on the criteria used for classifying hospitals as rural referral centers. Directs the Secretary to establish three-year demonstration projects to determine appropriate methods of strengthening the financial and managerial capability of isolated and financially distressed rural hospitals to provide necessary health care services. Sets forth reporting requirements. Reduces Medicare payments for a hospital's capital-related costs in FY 1987. Requires that, after FY 1991, payments for such costs be made in accordance with a prospective payment system established by the Secretary. Directs the Prospective Payment Assessment Commission to report to the Congress by May 1, 1988, on the suitability and feasibility of linking payment for capital-related costs to hospital occupancy rates. Requires Medicare fiscal intermediaries to prepare and submit to the Congress, the Health Care Financing Administration, the Congressional Budget Office, and the Congressional Research Service of the Library of Congress within 45 days after the close of each calendar quarter a report which includes, in a summary form for all hospitals and on a hospital-specific basis, information required from hospitals over the previous four calendar quarters regarding services they perform, revenues they collect, and costs they incur. Sets uniform hospital cost reporting periods. Raises the number of Medicare patient days which a skilled nursing facility must have had in the previous cost reporting period in order to elect to be paid under the PPS from 1,500 to 2,500 patient days. Sets forth miscellaneous and technical provisions. Subpart B: Nursing Home Reform - Amends the Medicare program to set forth requirements for skilled nursing facilities (other than facilities for the mentally retarded), including requirements that such facilities: (1) primarily engage in providing residents with nursing care or rehabilitation services directed toward residents' mental, psychosocial, and physical well-being; (2) provide such care in accordance with a written plan of care initially prepared and periodically reviewed and revised, by a team which includes the attending physician and a professional registered nurse, on the basis of assessments of a resident's functional capacity conducted upon the resident's admission and after a significant change in the resident's physical or mental condition, but in no case less often than annually; (3) provide, in addition to nursing and rehabilitative services, such physicians' services, medically-related social services, pharmaceutical services, dietician services, and dental services as are required to fulfill each resident's plan of care; (4) require nurse aides to complete a State-approved training or retraining program before participating in resident care, and have an ongoing program of nurse aide training and performance review; (5) require a physician's supervision of each resident's care, the maintenance of clinical records on all residents, and 24-hour nursing services; (6) protect specified resident rights, including the right to appeal an involuntary transfer or discharge from the facility; (7) safeguard a resident's funds upon the resident's authorization; (8) notify the State agency responsible for licensing the facility of changes in the ownership, control, or administration of the facility; (9) adopt certain measures to preserve facility safety and sanitation; (10) meet such other conditions which the Secretary of Health and Human Services deems necessary for resident's health and safety. Subjects nursing facilities which participate in the falsification of resident assessments to civil money penalties and the required use of independent assessors thereafter. Requires States to: (1) specify, by September 1, 1988, State-approved nurse aide training and testing programs which meet minimum standards to be established by the Secretary by March 1, 1988; and (2) maintain a registry of nurse aides who have successfully completed such programs, including specific findings of resident neglect or abuse involving such individuals. Prohibits State approval of a training program offered by a facility that has been out of compliance with the Act's requirements within the preceding two years. Requires States to: (1) establish a fair mechanism which meets Federal guidelines to be established by October 1, 1988, for hearing appeals on involuntary transfers of residents from nursing facilities; and (2) implement and enforce standards which are to be developed by the Secretary by March 1, 1988, regarding the qualifications of nursing facility administrators. Reimburses nursing facilities for the reasonable costs of complying with this Act's requirements. Directs the Secretary to report to the Congress by January 1, 1992, on the implementation of the nursing facility resident assessment process. Requires States to conduct periodic educational programs for the staff and residents of nursing facilities on current regulations, procedures, and policies concerning the quality of care provided at such facilities. Makes the Secretary responsible for certifying that State nursing facilities comply, and States responsible for certifying that other nursing facilities comply with Medicare nursing facility requirements. Bases such certifications on standard surveys to be conducted within two months of any change in the ownership or administration of such a facility and, on an unannounced basis, at least every 15 months. Prohibits the Statewide average interval between surveys from exceeding one year. Subjects facilities with poor compliance records to extended surveys. Requires that surveys be conducted by a multidisciplinary team of professionals who receive preservice and continuing training from the State. Directs States to use specialized survey teams to survey and carry out enforcement actions against chronically substandard facilities. Directs the Secretary to: (1) develop and test a protocol for conducting surveys; (2) establish minimum qualifications for surveyors; and (3) conduct sample surveys of nursing facilities, within two months of State surveys, to test the adequacy of State surveys, and, if the State surveys prove inadequate, train the State survey team or designate another State to perform such survey and certification activities. Authorizes the Secretary to conduct a special survey of a facility when there is reason to question its compliance with this Act. Requires States to investigate complaints against, and monitor the compliance of, a facility with this Act's requirements if the facility was previously found to be out of compliance with such requirements or the State has reason to question its compliance. Requires that certain information regarding nursing facilities and their compliance with this Act's requirements be made available to the public. Provides resident's physicians and the State board which licenses facility administrators with notice of a facility's poor quality of care. Gives State Medicaid (title XIX of the Act) fraud and abuse control units access to facility survey and certification information. Requires that survey results be posted in a place which is readily accessible to residents and their representatives. Requires the Secretary or a State, upon determining that a nursing facility's deficiencies immediately jeopardize residents' health and safety, to terminate facility's Medicare participation or take immediate action to remove the jeopardy and correct the deficiencies. Authorizes the Secretary and States to apply certain other remedies, which States must establish by October 1, 1989, where the health and safety of facility residents is not immediately jeopardized. Provides that if a facility is out of compliance with any of this Act's requirements six months after having been found out of compliance with such requirements, Medicare payments for newly admitted residents shall be denied. Sets forth special rules which are to be applied where a State and the Secretary disagree on a finding of noncompliance or the remedies which should be prescribed. Part 2: Provisions Relating to Parts A and B of the Medicare Program - Amends part A (Hospital Insurance) and B (Supplementary Medical Insurance) of the Medicare program to require that the time elapsing between: (1) a fiscal intermediaries' receipt of a claim under part A and its payment approximates 20 days for FY 1988 claims; and (2) a fiscal intermediaries' and carriers' receipt of a Medicare claim and its payment approximates 23 days for FY 1989 claims and 25 days for FY 1990 claims. Prohibits the Secretary from making any policy change, before October 1, 1990, which is primarily intended to delay Medicare claims processing. Imposes civil monetary penalties and intermediate sanctions on HMOs which: (1) fail substantially to provide medically necessary items and services if the failure adversely affects the enrollee; (2) impose charges on individuals in excess of those permitted; (3) act to expel or refuse to re-enroll an individual for medical reasons; (4) engage in any practice that denies or discourages enrollment by individuals whose medical condition or history indicates a need for substantial future medical services; or (5) misrepresent or falsify enrollment information, or enroll an individual without the individual's knowledge. Prohibits the Secretary from conducting any capitation demonstration project with an entity which is not an HMO if such project: (1) involves more than $15,000,000 of Medicare funds in any year without specific congressional authorization, or (2) provides for a capitated payment rate in excess of the HMO capitated payment rate. Deems a specified nonprofit corporation of Michigan which enrolls individuals with HMOs to have satisfied the limits on Medicare and Medicaid (title XIX of the Act) beneficiaries enrolled with an HMO if such limits are met with respect to all individuals enrolled with each such HMO and no more than 20 percent of the members of each such HMO are Medicare beneficiaries. Authorizes certain HMOs which contracted with a State prior to 1970 to provide services to Medicaid beneficiaries to elect to have members of their subdivisions, subsidiaries, or affiliates considered as members of the parent organization for purposes of the limitation on Medicare and Medicaid beneficiaries enrolled with HMOs. Sets forth miscellaneous and technical provisions. Part 3: Provisions Relating to Part B of Medicare Program - Amends part B (Supplementary Medical Insurance) of the Medicare program to set the prevailing charges for the services of a nonparticipating physician at 95 percent of the prevailing charges for the services of a participating physician. Increases the medical economic index by two percent for physicians' services furnished in 1988. Reduces the prevailing charge for cataract surgery, coronary artery bypass surgery, total hip replacement, transurethral resection of the prostate, suprapubic prostatectomy, diagnostic and therapeutic dilation and curettage, and carpal tunnel repair. Limits nonparticipating physicians' actual charges for such procedures if such reductions in prevailing charges result in reductions in the reasonable charges for such procedures. Prohibits the prevailing charge for ophthalmic ultrasound procedures from exceeding five percent of the prevailing charge for extracapsular cataract removal with lens implantation. Limits the reasonable charge for an intraocular lens implanted during cataract surgery in a physician's office or an ambulatory surgery center to the acquisition cost for the lens plus a handling fee. Limits nonparticipating physicians' actual charges for such procedures and lens. Requires that Medicare payments for a diagnostic test (other than a clinical diagnostic laboratory test) be made to the person who or the entity which performed or supervised the test. Prohibits physicians or suppliers from billing Medicare part B enrollees for such tests. Requires the Secretary to review prevailing charges for diagnostic tests and adjust those charges which are excessive. Requires physicians to complete and submit to Medicare carriers on beneficiaries' behalf the standard forms for benefit claims by the date they charge such beneficiaries for covered items or services when such claims are not assigned. Directs the Secretary to establish a procedure whereby a part B beneficiary may assign his or her rights of payment under a Medicare supplemental health insurance policy for an item or service furnished by a participating physician or supplier so that such physician and supplier may be paid directly by the supplemental policy. Eliminates Medicare payments for a return on equity capital for outpatient hospital services. Provides coverage under part B of the Medicare program for therapeutic shoes furnished to individuals with severe diabetic foot disease. Directs the Secretary to provide for the conduct of demonstration projects in at least four sites to determine the practicality of providing community nursing services on a prepaid, capitated basis to Medicare beneficiaries as a means to improve home health care and reduce the need for more costly institutional care. Requires the Secretary to report to the Congress within four years of this Act's enactment regarding such projects. Directs the Secretary to: (1) conduct various studies regarding Medicare payments for physicians' services; (2) develop uniform definitions of physicians' services by July 1, 1989; (3) expand a study being conducted on the development of a relative value scale for physicians' services to include specified additional physicians' services; and (4) conduct a survey of the out-of-pocket costs incurred by Medicare beneficiaries for medical care. Requires the Physician Payment Review Commission to study geographic variations in reasonable or prevailing charges under part B of the Medicare program. Sets forth reporting requirements. Sets forth miscellaneous and technical provisions. Part 4: Peer Review Organizations - Authorizes the Secretary to extend existing contracts with peer review organizations (PROs) under part B (Peer Review) of title XI of the Act for six months and for up to two one-year terms. Amends part B of title IX of the Act to authorize the Secretary to renew a PRO's contract for a three-year period if the PRO has been performing satisfactorily. (Currently, such contracts are renewable for two-year periods.) Amends part B of the Medicare program to protect Medicare beneficiaries from liability for services which PROs determine are not covered under the Medicare program. Amends part B of title IX of the Act to set forth factors which PROs must take into account in developing norms for evaluating treatment which may be performed on an outpatient basis. Requires PROs to: (1) offer to provide, at least quarterly, for a physician representative of the PRO to meet with the staff of each hospital regarding the PRO's review of the hospital's Medicare services; and (2) publish and distribute to providers and practitioners, at least biannually, a report describing the PRO's findings with respect to situations in which the PRO has frequently found medical care to be inadequate. Part 5: State Health Insurance Pools - Amends the Internal Revenue Code to create an incentive for each State to establish a health insurance pool by imposing a tax on large employers equal to five percent of the gross wages of their employees in the State if such employers do not participate in such State pool. Requires that State health insurance pools: (1) be open to all State residents who are not eligible for benefits under the Medicaid program or part A of the Medicare program; and (2) provide levels of health insurance typical of levels provided by large employer groups. Subtitle E: Customs User Fees; Trade and Customs Agency Authorizations - Amends the Consolidated Budget Reconciliation Act of 1985 to make articles returned to the United States after having been exported and articles assembled abroad in whole or in part of fabricated components which are products of the United States subject to the requirement that the Secretary of the Treasury collect a specified fee for the processing of any merchandise entered or withdrawn from warehouse for consumption in the United States. Requires that the fee charged with respect to the processing of merchandise: (1) for articles returned to the United States after having been exported be applied to the value of the foreign repairs or alterations to the merchandise; and (2) for merchandise assembled abroad be applied to the full value of such merchandise, less the cost of value of U.S. products. Allows the Secretary, for articles returned to the United States after having been exported or for articles of fabricated components assembled abroad, to collect the fee charged on the processing of the merchandise on the basis of aggregate data derived from financial and manufacturing reports used by the importer in the normal course of business. Revises the dates of applicability and amounts of duty applicable to the processing of merchandise that is formally entered or withdrawn from warehouse for consumption in the United States. Requires that customs services, when requested, be adequately provided for: (1) the clearance of any commercial vessel, vehicle, or aircraft arriving, departing, or transiting the United States; (2) the preclearance at any customs facility outside the United States of any commercial vessel, vehicle or aircraft; and (3) the inspection or release of commercial cargo being entered into, or withdrawn from the customs territory of the United States. Requires that customs services be treated as adequately provided if the services needed to meet the needs of parties subject to customs inspection are provided in a timely manner, taking into account: (1) weather, mechanical, and other delays; (2) prompt and efficient passenger and baggage clearance; (3) the perishability of cargo; (4) late night and early morning arrivals; (5) the availability of customs personnel; and (6) the need for specific enforcement checks. Prohibits the collection of customs fees in addition to those statutorily prescribed for: (1) any preclearance or other customs activity, expense, or service performed outside the United States in connection with the departure of a vessel, vehicle, or aircraft for the United States; or (2) the activation or operation of any foreign trade zone or the designation or operation of any bonded warehouse. Makes fees used for the direct reimbursement of specified appropriations an exception to the requirement that fees collected under the schedule of fees be deposited in the Customs User Fee Account in the general fund of the Treasury. Requires that all funds in the Customs User Fee Account be available to pay the U.S. Customs Service's costs in conducting commercial operations. Prohibits the Secretary from reducing personnel staffing levels for providing commercial clearance and preclearance services if there is a surplus of funds in the Customs User Fee Account. Requires the Secretary to directly reimburse, from fees collected for customs services, each appropriation for amounts paid for the costs incurred by the Secretary in providing inspectional overtime services and all preclearance service, beginning with each fiscal year occurring after September 30, 1987. Requires the Secretary to prescribe regulations governing the work shifts of customs personnel at airports and providing that: (1) the work shifts will be adjusted to meet cyclical and seasonal demands and to minimize the use of overtime; (2) the work shifts will not be arbitrarily reduced or compressed; and (3) consultation with a specified advisory committee will be carried out before making adjustments in work shifts. Amends the Tax Reform Act of 1986 to extend the date for claiming certain refunds for fees for customs services until 90 days after the date of enactment of the Omnibus Budget Reconciliation Act of 1987 (currently, 90 days after the date of enactment of the Tax Reform Act of 1986). Requires the Comptroller General to conduct a comprehensive analysis of the centralized cargo examination station (CES) concept and to submit such analysis to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate not later than March 30, 1988. Directs the Customs Service to: (1) not establish any new CES at any ocean port, airport, or land border location, without providing advance notice of not less than 90 days to such committees; and (2) suspend, on the date of enactment of this Act, operations at each CES station until 90 days after a date on which the comprehensive analysis of the CES program by the Comptroller General is submitted to the committees and on which the Customs Service provides to the committees written notice of its intentions to resume operations at that station. Requires the Secretary, during the period of suspension of operations at any CES station, to maintain customs operations and staffing at a level not less than that which was in effect immediately before the suspension took effect. Amends the Tariff Act of 1930 to authorize appropriations for the International Trade Commission for FY 1988 and 1989. Amends the Customs Procedural Reform and Simplification Act of 1978 to authorize appropriations for the salaries and expenses of the Customs Service for noncommercial operations for FY 1988 and 1989. Authorizes appropriations from the Customs User Fee Account for the salaries and expenses of the Customs Service for commercial operations for FY 1988 and 1989. Authorizes appropriations for the Customs Service's air interdiction program for FY 1988 and 1989. Amends the Trade Act of 1974 to authorize appropriations for the Office of the U.S. Trade Representative for FY 1988 and 1989. Subtitle F: Pension Funding Requirements - Part 1: Modifications of Minimum Funding Standard - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to set forth additional funding requirements for plans which are not multiemployer plans. Increases the amount required to be charged to the funding standard account for a plan year by the excess of: (1) the unfunded termination liability contribution; over (2) certain charges to the funding standard account reduced by certain credits to such account. Makes the unfunded termination liability contribution equal to the greatest of: (1) the unfunded amortization charge; (2) the anti-insolvency amount; or (3) the anti-deterioration amount. Sets forth a special rule for steel company employee plans. Reduces the period during which employer contributions may be made to plans after the close of the year. Requires employers to make installment payments of the estimated required contribution to a plan. Imposes an excise tax on underpayments of such required installments. Imposes liability for the excise tax on failure to meet minimum funding standards on members of the employer's controlled group, in addition to the employer. Revises the rules governing the availability of minimum funding waivers. Requires applications for such waivers to be submitted two and one-half months after the close of the year. Allows such waivers only for substantial temporary business hardships, and requires that such hardship also exist at the controlled group level. Reduces from five to three the number of annual waivers that may be granted with respect to any plan within a 15-year period. Shortens the amortization period for any waived funding deficiencies in the case of certain underfunded plans. Reduces the period for amortizing experience gain and losses from 15 years to three years. Requires that all costs, liabilities, rates of interest, and other factors under the plan be determined on the basis of actuarial assumptions and methods each of which is reasonable. (This is in addition to the present requirement that such assumptions and methods in combination offer the actuary's best estimate of anticipated experience under the plan.) Sets a special limitation on the interest rate used for funding purposes. Revises provisions for qualified defined benefit pension plans to provide that the amortization base in determining an employer's maximum deduction for past service liability equals the unfunded costs attributable to such liability. Provides that the maximum deduction limit for contributions to certain pension plans for a plan year is not to be less than the unfunded termination liability of the plan. Applies such provision to defined benefit plans which are subject to ERISA plan termination insurance provisions and which have 100 or more participants during the plan year. Part 2: Employer Access to Plan Assets - Requires additional contributions to the minimum funding standard account of a plan where the employer receives a reversion. Applies a special funding rule to certain other underfunded defined benefit pension plans maintained by the employer during the year in which the employer reversion occurs and the following three years, if an employer receives an employer reversion with respect to certain defined benefit pension plans. Sets forth a special funding rule where such other plans with unfunded termination liability are terminated. Increases the tax on reversion of qualified plan assets to an employer. Part 3: Of Plan Terminations - Provides that standard termination procedures shall be available only when plan assets are sufficient to meet termination liability. Provides that bankruptcy reorganization proceedings are not a separate basis for distress terminations. Provides that distress terminations are not available where the plan sponsor or a controlled group member is a contributing sponsor to an overfunded single-employer defined benefit pension plan. Increases the employer's and controlled group's liability, following a distress termination, for plan benefits to participants to the full amount of the plan's unfunded termination liability to the extent not guaranteed by the PBGC. Increases the amount of such liability to the PBGC. Prohibits the establishment or increase of retirement benefits where all liabilities to the PBGC are not satisfied following a distress termination. Sets forth the PBGC's right to certain amounts held by the section 4049 trust. Entitles the PBGC to recover the full amount of unfunded guaranteed benefits before any benefits in excess of guaranteed benefits are paid by the trust. Authorizes the PBGC to require security where the fair market value of pension plan assets does not exceed 70 percent of termination liability under the plan, and to impose a lien where there is failure to provide such requested security. Authorizes the PBGC to require security for certain pension plan funding waivers and extensions. Decreases the amount of accumulated funding deficiencies exempt from waiver limitations. Part 4: Increase in Premium Rates - Increases the flat-rate PBGC premium to $14 per participant. Applies an additional per-participant premium based on the amount of potential liability the plan creates for the PBGC. Sets forth formulas for the determination of such additional premium. Makes the designated payor who is liable for the premium payment the contributing sponsor in the case of a single-employer plan (but the plan administrator in the case of a multiemployer plan). Makes each controlled group member liable for premiums required to be paid by a designated payor of single-employer plan who is a member of such group. Directs the Secretary of Labor to study foreign pension insurance systems and practices and the relative impact such systems have on job creation and international competitiveness. Requires submission of a report on such study to specified congressional committees by December 31, 1988. Part 5: Miscellaneous Provisions - Requires the plan's annual actuarial report to employees to include a statement of the funded percentage of the plan. Requires notification to current employees of an employer's application for a funding waiver before such waiver may be granted. Provides that, except to the extent specifically provided in the Internal Revenue Code, the Code is to be interpreted as if the provisions of titles I and IV of ERISA had not been enacted. Subtitle G - Debt Management - Repeals a provision of Federal law limiting the face amount of certain interest-bearing bonds that may be issued by the Secretary of the Treasury. Requires the Secretary, within 30 days after the expiration of any debt issuance suspension period, to issue to each Federal fund certain obligations necessary to ensure that the holdings of such fund will replicate to the maximum extent practicable the obligations that would have been held by such fund if: (1) failure to invest amounts in such fund due to a revision in the public debt limit by adoption of a concurrent resolution on the budget had not occurred; and (2) issuance of such obligations had occurred immediately on the expiration of such suspension period. Requires the Secretary to credit to: (1) each fund the income and interest not earned due to such failure to invest; and (2) each holder of State and local Government Series obligations the interest lost due to such failure to invest. Requires such amounts credited to be treated as interest on such obligations. Subtitle H: Miscellaneous Provisions - Amends the Deficit Reduction Act of 1984 to extend for three years the authority of the Internal Revenue Service to offset against any refund of Federal taxes the amount of certain non-tax debts owed to Federal agencies. (The extension would make the offset provisions applicable to refunds payable before January 1, 1990.) Prohibits the exemption of corporate debts or any other category of persons from application of such offset. Expresses the sense of the Congress that such offset provisions shall extend to all Federal agencies. Directs the Comptroller General to study and report to certain congressional committees of the effects of such offset provisions. Amends part A (General Provisions) of title XI of the Social Security Act to establish the National Commission on Children. Declares it to be the function of such Commission to serve as a forum on behalf of the children of the nation. Requires the Commission to submit a report to the President and the Congress that sets forth recommendations with respect to: (1) child health; (2) social and support services for children; (3) child education; (4) income security for families with children; (5) tax policy considerations for families with children; (6) the identification of deficiencies in family and children services; and (7) data collection on children and child services. Subtitle I: Vaccine Injury Compensation - Part 1: Manufacturers Excise Tax on Certain Vaccines - Amends Chapter 32 of the Internal Revenue Code of 1986 (relating to manufacturers excise taxes) to impose a tax on the first sale of any taxable vaccine sold by the manufacturer, producer, or importer of the vaccine. Sets forth a table listing the amount of tax imposed per dose of DPT vaccine (relating to pertussis), DT (relating to diphtheria), MMR vaccine (relating to measles, mumps, and rubella), and polio vaccine. Prohibits imposition of the tax if the Secretary of the Treasury estimates that the amounts collected would exceed the projected Vaccine Injury Compensation Trust Fund liability. Provides for credit or refund of the tax whenever any vaccine on which tax was imposed is returned to the person who paid the tax or destroyed. Establishes in the Treasury the Vaccine Injury Compensation Trust Fund. Appropriates to the Fund amounts equivalent to the net revenues received from the tax imposed. Part 2: Vaccine Compensation Amendments of 1987 - Vaccine Compensation Amendments of 1987 - Amends the Public Health Service Act to provide that payment of compensation for an injury or death from administration of a vaccine before the effective date of this provision shall be made from specified appropriations and that compensation for injury or death from administration on or after the effective date shall be made from the Vaccine Injury Compensation Trust Fund. Removes provisions: (1) placing limitations on the amount of unreimbursable expenses which may be recovered; (2) requiring payments for projected expenses to be paid on a periodic basis; and (3) allowing payments for pain and suffering, emotional distress, and incurred expenses to be paid in a lump sum. Requires compensation for injury or death from administration of a vaccine on or after the effective date to be paid in a lump sum and payment for injury or death from administration before the effective date to be made in four annual installments. Repeals provisions relating to administration by the National Vaccine Injury Compensation Program of awards and relating to revision of awards. Repeals a provision relating to annual inflation increases for certain compensation and for civil penalties. Revises provisions relating to compensation for injury or death from administration of a vaccine before the effective date to change the categories for which compensation is prohibited and allowed and to limit specified types of compensation under certain categories to a stated amount. Directs the Secretary of Health and Human Services to review the number of awards in specified periods and, if the Secretary determines that the number exceeds the number of awards listed in a specified table, to notify the Congress of the determination. Prohibits, in such case, the filing of a petition after a stated period. Makes specified provisions relating to the filing of petitions and relating to additional remedies inapplicable to civil actions for damages for a vaccine-related injury or death for which a petition may not be filed because of such prohibition. Revises provisions relating to petitions for compensation. Allows withdrawal of a petition on which a court has failed to enter a judgement within a specified time. Allows, after withdrawal, maintenance of a civil action for damages. Authorizes awarding of costs of litigation to any plaintiff in certain circumstances in a citizen action against the Secretary for failure to perform under the National Vaccine Program subtitle. (Current law authorizes awarding of costs to any party when appropriate.) Makes general rules relating to petitions for compensation apply to those who administer as well as those who manufacture a vaccine. Title X: Committee on Ways and Means: Revenue Provisions - Revenue Act of 1987. Subtitle A: Revenue Increases - Part I: Provisions Primarily Affecting Individuals - Subpart A: Income Tax Provisions - Amends the Internal Revenue Code (IRC) to exclude expenses of overnight camps from calculations of the dependent care income tax credit. Revises the definition of "qualified residence interest" for purposes of the income tax deduction for personal interest to distinguish between acquisition indebtedness and home equity indebtedness. Limits to $1,000,000 and $100,000 respectively the amount of indebtedness on which interest is deductible. Provides that for purposes of this deduction a boat or a mobile home used on a transient basis shall not be treated as a qualified second residence of the taxpayer. Subpart B: Employee Benefit Provisions - Limits to $500 the aggregate amount of the tax exclusion for amounts elected under cafeteria plans. Requires an employer to file an information return with the Internal Revenue Service (IRS) reporting the total amount of taxable benefits available to an employee under a cafeteria plan. Provides that Federal judges be treated as: (1) active participants for purposes of the limitation on the deduction of contributions to individual retirement plans; and (2) employees for purposes of the IRC generally. Subpart C: Limitation on Nonrecognition for Like-Kind Exchanges of Real Property - Amends the IRC to limit to $100,000 the aggregate amount of gain not recognized with respect to exchanges of like-kind real property to be held for productive use or investment. Subpart D: Estate and Gift Taxes - Extends permanently the 1987 estate and gift tax rates, the highest of which is 55 percent (applied to transfers over $3,000,000). Phases out the benefits of graduated rates and the unified credit with respect to transfers of between $5,000,000 and $16,040,000. Repeals the credit for payments of State death taxes. Allows the deduction of such amounts when determining the amount of the taxable estate. Establishes special valuation rules to apply to estate, gift, and generation-skipping taxes. Limits minority discounts by providing that the value of any stock in a corporation shall be deemed to be equal to its pro rata share of the fair market value of all the stock of the same class in the corporation unless a different value is established by clear and convincing evidence. Limits, with an exception for certain nonfamily transfers, valuation freezes by providing that if a person holding ten percent or more of the interest in an enterprise transfers a disproportionate share of the potential appreciation in the enterprise, the transferred property shall be included in the transferor's gross estate. Subpart E: Estate Tax Provisions Relating to Employee Stock Ownership Plans - Amends the IRC to revise provisions relating to the estate tax deduction for proceeds received from a sale of employer securities to an employee stock ownership plan (ESOP) or worker-owned cooperative. Makes such a deduction available only if: (1) the decedent directly owned the securities immediately before death; and (2) after the sale, the securities are either allocated to participants or held for future allocation in connection with certain exempt loans or transfers of assets. Prohibits, except in a bona fide business transaction, the treatment of employer securities as allocated or held for future allocation insofar as they are so categorized in substitution of other employer securities so designated. Applies the deduction to any sales of qualified employer securities (current law applies only to sales made by the executor of the estate). Prohibits the amount of the deduction from exceeding: (1) the amount that would lead to a reduction in estate tax liability (before credits) equal of $750,000; or (2) 50 percent of the taxable estate. Disallows proceeds from being taken into account when: (1) they exceed the net sale amount of dispositions of employer securities by the plan during the year preceding the sale in question; (2) they are attributable to transferred assets (except for assets held by the ESOP on February 26, 1987); (3) the sale takes place after the estate tax return filing deadline; or (4) the decedent received the securities under certain specified conditions. Applies the deduction to employer securities that are: (1) issued by a domestic corporation having no stock outstanding that is readily tradable on an established securities market; (2) includable in the gross estate of the decedent; and (3) would have been includable if the decedent had died within a specified time period. Revises the requirements governing the contents of the written statement to be submitted by the executor of the decedent's estate in order to qualify for the deduction. Imposes an excise tax on ESOP dispositions of employer securities for which an estate tax deduction was allowed. Sets forth the amount of tax applicable to relevant taxable events as follows: (1) 30 percent of the amount realized from any disposition of employer securities by an ESOP or eligible worker-owned cooperative within three years of the group's acquisition of qualified employer securities; (2) 30 percent of the amount realized from a disposition (not within three years after acquisition) that occurs before allocation of such securities to participants' accounts in cases when the proceeds are not allocated; or (3) 30 percent of the repayment amount in cases of a payment by an ESOP of any part of a loan used to acquire employer securities from transferred assets. Sets out the ordering rules to govern dispositions of employer securities for purposes of this excise tax and another specified excise tax relating to ESOPs. Makes the excise tax inapplicable to: (1) dispositions to employees, in certain cases; (2) exchanges associated with the liquidation of a corporation into a cooperative or with other reorganizational purposes; and (3) sales effected to meet IRC diversification requirements relating to pension trusts. Places liability for the excise tax on the employer maintaining the ESOP or the eligible worker-owned cooperative. Part II: Business Reforms - Subpart A: Accounting Provisions - Amends IRC accounting rules applicable to long-term contracts to require that taxable income from such contracts be determined under the percentage of completion method. Disallows a deduction for interest allocable to tax-exempt installment obligations acquired after 1987. Creates a de minimis rule with respect to tax-exempt obligations held by taxpayers other than financial institutions. Repeals special provisions governing the tax treatment of below-market loans to qualified continuing care facilities. Requires, with respect to bonds purchased after October 13, 1987, that the market discount be included in the gross income of the taxpayer for each relevant taxable year. Sets out rules to govern nonrecognition transactions. Revises the definition of "market discount bond" to repeal the exception for tax-exempt obligations. Requires brokers, upon the request of the Secretary of the Treasury, to file information returns regarding market discount on bonds. Permits an exception from required use of the accrual method of accounting for S corporations and for farm corporations having gross receipts of $1,000,000 or less. Establishes special rules for family corporations, requiring them to use the accrual method only when their gross receipts exceed $25,000,000. Denies a depreciation deduction for amounts paid or incurred to acquire customer base, market share, or similar intangible items. Amends accounting provisions of the IRC to repeal the deduction for additions to an employer reserve for accrual of vacation pay. Subpart B: Partnership Provisions - Provides that for purposes of the IRC a publicly traded partnership shall be treated as a corporation. Excepts from such treatment certain partnerships with passive-type income. Amends the IRC to provide for the treatment of publicly traded partnerships with respect to: (1) accounting rules applied to limitations of passive activity losses and credits; and (2) unrelated business taxable income of tax-exempt organizations. Revises criteria under which members of a partnership qualify for an exception from treatment as unrelated business income of any income from debt-financed real property. Requires a registered partnership, upon notice and demand of the Secretary, to pay tax underpayments resulting from administrative or judicial determinations. (Under current law, each partner pays independently.) Directs the Secretary to study and report to specified congressional committees by January 1, 1989, on the issue of treating publicly traded limited partnerships and other corporation-like partnerships as corporations for income tax purposes, including the issues of disincorporation and opportunities for avoidance of the corporate tax. Subpart C: Corporate Provisions - Reduces from 80 percent to 75 percent the corporate tax deduction with respect to: (1) dividends received from a domestic corporation; (2) dividends received on certain preferred stock; (3) certain dividends received from foreign sales corporations; (4) the limitation on the aggregate amount of deductions; and (5) dividends received by life insurance companies. Revises provisions relating to the deduction for dividends received to change the applicable percent from 80 percent to 75 percent and to exclude from the calculations dividends on certain stock having nonstock characteristics. Amends IRC provisions relating to the computation and payment of tax by members of an affiliated group filing a consolidated tax return. Sets a fixed 34 percent tax rate with respect to the taxable income of personal service corporations. (Such corporations are currently subject to graduated corporate rates.) Amends IRC provisions relating to limitations on net operating loss carryforwards and certain built-in losses following corporate ownership changes. Adds provisions limiting the use of preacquisition losses to offset built-in gains. Limits to $5,000,000 the tax deduction for any interest paid or incurred in connection with a major stock acquisition (pursuant to a plan to acquire 50 percent or more) during any taxable year, with an exception for stock purchases treated as asset acquisitions. Repeals provisions prescribing nonrecognition of gain or loss for property distributed to a parent corporation (80 percent distributee) in connection with the complete liquidation of a subsidiary. Amends the IRC to provide for similar nonrecognition treatment in such instances, but includes provisions describing cases in which the distributions are to be treated as taxable dividends. Revises provisions relating to the basis of property received in liquidations. Directs the Secretary to prescribe regulations to carry out the purposes of amendments included in this Act and in the Tax Reform Act of 1986 with respect to the recognition of gain and loss on distributions of property in liquidation. Amends IRC provisions relating to the treatment of certain intragroup transactions in connection with the redemption of stock. Provides for the recapture of benefits resulting from the use of the LIFO (last-in, first-out) method of inventory accounting in the case of certain former C corporations electing to be S corporations. Amends the IRC to impose a 50 percent excise tax on gain realized by greenmail recipients. Defines "greenmail" as any amount paid or incurred by a corporation in a direct or indirect redemption of its stock from any shareholder if: (1) the shareholder held such stock for less than two years; and (2) during the two-year period ending on the date of redemption the shareholder, a person acting in concert with the shareholder, or a person related to either, made or threatened to make a public tender offer for stock of the corporation. Imposes the tax regardless of whether gain is actually realized. Disallows an income tax deduction for payment of the tax. Requires that a hostile stock purchase in a corporate takeover attempt be treated as an asset acquisition by the purchasing corporation. Disallows an income tax deduction for any interest on indebtedness incurred or continued by a purchasing shareholder to purchase or carry corporate stock or assets acquired through a hostile purchase. Subpart D: Minimum Tax Provisions - Increases from 50 percent to 100 percent the excess of book income over other alternative minimum taxable income that is a tax preference for corporate taxpayers. Increases from 75 percent to 100 percent the corresponding percentage with respect to a corporation's adjusted current earnings. Subpart E: Foreign Tax Provisions - Denies the foreign tax credit for taxes paid or accrued to South Africa until the Secretary of State certifies that South Africa meets specified criteria of the Comprehensive Anti-Apartheid Act of 1986. Amends foreign tax provisions of the IRC relating to taxation of income of controlled foreign corporations that is attributable to imported property. Subpart F: Insurance Provisions - Amends IRC provisions relating to: (1) the interest rate used by life insurance companies in computing reserves for purposes of determining income; (2) rules governing the required surplus of foreign corporations carrying on insurance business; (3) the treatment of mutual life insurance company policyholder dividends for purposes of book preference; and (4) the treatment of certain insurance syndicates formed under the laws of the United Kingdom. Subpart G: Treatment of Net Investment Income of Trade Associations - Creates special rules with regard to the unrelated business taxable income of certain tax-exempt business leagues, chambers of commerce, and similar organizations. Subpart H: Full-Funding Limitation for Deductions to Qualified Plans - Amends the IRC and the Employee Retirement Income Security Act of 1974 to revise the definition of "full funding limitation" in connection with an employer's deductible contributions to a qualified defined benefit plan. Part III: Excise Taxes; User Fees - Subpart A: Excise Taxes - Extends through December 31, 1990, the three percent excise tax on telephone service. (The tax is currently due to expire as of 1988.) Repeals excise tax exemptions in connection with: (1) gasoline used by private intercity, local, or school buses; and (2) tires used by these same classes of private vehicles. Amends IRC provisions relating to the collection of the special fuels taxes on diesel fuel, taxable special fuels, and nongasoline aviation fuels. Subpart B: User Fees - Directs the Secretary of the Treasury to establish a program requiring user fee payments in connection with requests to the IRS for ruling letters, opinion letters, determination letters, and for similar requests. Sets forth criteria to govern such fees. Imposes an occupational tax of $1,000 per year on proprietors of: (1) distilled spirits plants; (2) bonded wine cellars; (3) bonded wine warehouses; and (4) taxpaid wine bottling houses. Reduces the rate to $500 per year for certain small proprietors. Increases existing occupational taxes as follows: (1) for brewers, from $110 per year to $1,000 per year for each brewery, with a reduced rate of $500 per year for certain small proprietors; (2) for wholesale dealers in liquors, from $255 per year to $500 per year; (3) for wholesale dealers in beer, from $123 per year to $500 per year; (4) for retail dealers in liquors, from $54 per year to $250 per year; and (5) for retail dealers in beer, from $24 per year to $250 per year. Repeals the occupational tax on limited retail dealers of liquors, wine, or beer. Replaces variable rates used with regard to nonbeverage domestic drawback claimants with a single rate of $500 per year. Denies the validity of a permit for certain tax-free industrial uses of distilled spirits unless the holder pays a special tax of $250 with respect to the relevant site. Imposes an occupational tax of $1,000 per year for each relevant premises on persons engaged in business as manufacturers of tobacco products, cigarette papers, and tubes, and on export warehouse proprietors. Applies a reduced rate of $500 per year for certain small proprietors. Fixes criminal penalties for willful failure to pay the tax. Increases the occupational tax on importers and manufacturers of firearms from $500 per year to $1,000 per year and on dealers from $250 per year to $500 per year. Applies a reduced rate for small importers and manufacturers. Part IV: Other Revenue Provisions - Subpart A: Targeted Jobs Credit - Amends the IRC to revise the definition of "wages" for purposes of determining the amount of the targeted jobs credit against income tax. Excludes from the wages applicable to such credit any amount paid by an employer to an employee for services that are the same as, or substantially similar to, those performed by employees participating in or affected by a strike or lockout during the period of the strike or lockout when such employee's principal place of employment is the affected plant or facility. Subpart B: Treatment of Certain Illegal Irrigation Subsidies - Requires illegal Federal irrigation subsidies to be included in a taxpayer's gross income. Subpart C: Compliance - Provides that State escheat laws shall not apply to refunds of Federal tax. Expresses the sense of the Congress that: (1) the Congress should increase outlays to the IRS by specified amounts in fiscal years 1989 and 1990 in the areas of taxpayer assistance and enforcement; (2) the IRS should offer improved taxpayer assistance and enforcement efforts by using these outlays in ways recommended in the Dorgan Task Force Report; (3) the Congress should undertake an experimental multiyear authorization and two-year appropriation for the IRS consistent with specified public law; and (4) increased funding should be provided for both research and the compilation and analysis of income. Requires the IRS: (1) to issue a report by April 15, 1989, on the extent of the tax gap and possible measures to decrease it; and (2) to report annually on the improvements being made in the audit rate, taxpayer assistance, and enforcement efforts. Subpart D: Estimated Tax Provisions - Delays for one year, from 1987 to 1988, implementation of the increase from 80 percent to 90 percent in the current year liability test for estimated tax payments by individuals. Prohibits an addition to any tax imposed on underpayments of estimated tax installments by corporations due on or before June 15, 1987, under certain circumstances (thus permitting corporations to use their 1986 tax in determining certain estimated tax installment amounts). Amends the IRC to allow employers to elect to have revised withholding certificates put into effect more promptly than is required under current law. Amends IRC provisions dealing with estimated income tax payments by corporations. Establishes the amount of the penalty for underpayment of estimated tax at the amount of the underpayment for the period of underpayment, plus interest on such amount. Revises the schedule for the payment of estimated tax installments. Specifies that the amount of the required annual estimated tax payment shall be the lesser of: (1) 90 percent of the current tax shown on the taxpayer's return (corporations having a taxable income of at least $1,000,000 for any taxable year during a specified period must use this option); or (2) 100 percent of the preceding year's tax liability. Permits lower estimated tax payments if the taxpayer can show that the installment payments or adjusted seasonal installments made over the year were adequate for each quarter based on annualized income and adjusted seasonal installment concepts described in this bill. Exempts from an estimated tax penalty any taxpayer whose tax liability is less than $500. Requires an addition to income tax when an adjustment of overpayment of estimated income tax by a corporation, made before the 15th day of the third month following the close of the taxable year, is found to be excessive. Repeals provisions of the IRC dealing with installment payments of estimated income tax by corporations. Subpart E: Tax-Exempt Bond Provisions - Amends IRC provisions relating to taxable private activity bonds to include any bond issued as part of an issue if the amount of the proceeds to be used either directly or indirectly for the acquisition of nongovernmental output property exceeds the lesser of five percent or $5,000,000. Revises provisions governing tax-exempt bonds issued by Indian tribal governments to deny the tax exclusion of interest on such bonds whose proceeds are used in the exercise of functions that are not customarily performed by State and local governments. Subtitle B: Technical Corrections - Technical Corrections Act of 1987 - Part I: Technical Corrections to Tax Reform Act of 1986 - Amends the IRC to make a technical adjustment to an assessment rule applicable when the owner of a large amount of cash is not identified. Revises the rate of the accumulated earnings tax on corporations from a variable rate based on income below and in excess of $100,000 to a flat 28 percent of accumulated taxable income. Makes a technical amendment relating to the exemption of certain individuals from the requirement to file an income tax return. Amends IRC and Social Security Act provisions relating to nonresident aliens temporarily in the United States for the purpose of studying at vocational or other recognized nonacademic institutions. Amends the IRC to delete provisions describing the treatment of Social Security benefits for purposes of defining earned income. Amends IRC provisions relating to the two percent floor on miscellaneous itemized deductions to: (1) add provisions concerning the coordination of such limitation with the limitation on the tax deduction for trade and business expenses; and (2) revise the determination of adjusted gross income of estates and trusts with respect to such limitation. Limits the tax deduction of expenses in connection with portions of dwelling units allocated to business uses. Amends provisions governing the computation of the earnings and profits of certain foreign corporations for purposes of determining the effect of depreciation on such earnings and profits. Amends the IRC with regard to the application of the accelerated cost recovery system (ACRS) in cases of: (1) certain property placed in service in churning transactions; (2) certain transfers; and (3) certain property subject to U.S. tax and used by a foreign person or entity. Permits greater taxpayer discretion in using the 150 percent declining balance method of depreciation for ACRS purposes and specifies the applicable recovery period to be used in such cases. Terminates special rules for the tax treatment of sound recordings for property placed in service after 1985. Makes other technical amendments and corrections relating to provisions: (1) modifying the ACRS; and (2) limiting expensing of depreciable assets. Revises Tax Reform Act (TRA) provisions specifying the effective dates of various provisions of new law. Makes technical amendments and corrections to a number of transitional rules provided in the TRA with respect to urban renovation projects. Makes technical amendments and corrections to the Tax Reform Acts of both 1986 and 1984 concerning property treated under prior tax acts. Adds a number of projects to those covered under special transitional rules. Amends the TRA concerning the applicability of modifications of the ACRS to a number of specific properties. Makes technical amendments and corrections to IRC and TRA provisions relating to transition property with respect to the former regular investment tax credit. Adds: (1) an exception to the application of certain adjustment rules relating to such credit; and (2) a number of properties to be considered as transition property. Revises ordering rules governing determinations as to whether certain business related credits are used in a taxable year or as a carryback or carryforward. Makes technical amendments to TRA provisions relating to the effective 15-year carryback of existing carryforwards of steel companies. Establishes rule criteria to apply to overpayments under this section. Amends the IRC special rule governing a pass-through of the income tax research credit. Amends the IRC to disallow use of any depreciation deduction with respect to: (1) any trademark or trade name expenditure; or (2) any railroad grading or tunnel bore. Makes technical amendments and corrections to TRA provisions relating to the modification of the investment tax credit for certain rehabilitation expenditures. Makes technical amendments to the IRC with respect to the low-income housing credit, including: (1) amendments of special rules for nontaxable transfers; (2) the addition of an exception to rules governing basis reduction for certain residential rental units; (3) the exclusion from the eligible basis of a building of amounts deducted for depreciation; (4) the addition of provisions applicable to rent-restricted units in cases when Federal rental assistance is reduced as a tenant's income increases; (5) provisions relating to limitations on the aggregate credit allowable with respect to projects located in a State; and (6) a prohibition of any carryback of the low-income housing credit before 1987. Corrects a reference in the Merchant Marine Act, 1936. Makes technical amendments and corrections to IRC and TRA provisions relating to capital gains. Revises: (1) the description of taxable income from foreign sources for capital gains purposes; (2) the definition of a "capital gains rate differential" and its applicability to the calculation of the bad debt reserves of certain financial institutions; and (3) provisions dealing with incentive stock options. Makes technical amendments to the TRA and the IRC to: (1) revise and limit the tax exclusion for the discharge of qualified farm indebtedness; and (2) provide for its coordination with other tax exclusions. Amends provisions relating to gain from the disposition of interests in oil, gas, geothermal, and other mineral properties. Makes technical amendments and corrections to the IRC and the TRA with respect to tax shelter and interest limitations, including provisions relating to: (1) interests in passive activities; (2) methods of accounting; (3) the definition of a "qualified investor" for purposes of the transitional rule for interests in low-income housing projects; (4) the phase-in of the limitation on investment interest; and (5) determinations of indebtedness for purposes of the personal interest disallowance, including provisions related to qualified residence interest. Makes technical amendments and corrections to TRA and IRC corporate tax provisions. Revises the percentage to be used in computing the deduction for dividends received from certain foreign sales corporations. Includes amendments relating to: (1) the reduction of corporate shareholders' basis in stock by the nontaxed portion of extraordinary dividends; (2) the limitation on net operating loss carryforwards and certain built-in losses following a change in corporate ownership, including provisions relating to built-in gains and gains attributable to stock acquisitions (section 338 gains) rules relating to constructive stock ownership, and treatment of foreign corporations; and (3) recognition of gain and loss on distributions of property in corporate liquidations. Restructures IRC provisions dealing with transfers of partnership and trust interests by corporations. Makes technical amendments relating to: (1) transfers of property from the United States to foreign corporations; (2) sales or exchanges of stock in certain foreign corporations; and (3) the treatment of C corporations that elect subchapter S status. Adds to the IRC provisions dealing with special allocation rules for certain partnership transactions. Makes technical amendments and corrections concerning: (1) the definition of "related persons" with respect to the installment method of accounting; (2) the treatment of amortizable bond premium as interest; (3) certain entities not to be treated as corporations, including a special rule for persons holding income interests; (4) the excise tax on undistributed income of regulated investment companies, including qualification rules and the addition of provisions requiring the reduction of capital gain net income by the amount of a company's net ordinary loss for a given calendar year; (5) the treatment of business development companies; and (6) the treatment of shield funds as separate corporations, including a special rule for abnormal redemptions. Makes technical amendments to TRA and IRC provisions with respect to real estate investment trusts, including: (1) provisions specifying asset and income requirements; (2) certain definitions; (3) distribution requirements; and (4) the excise tax on undistributed income of such trusts. Makes technical amendments to IRC provisions dealing with the taxation of real estate mortgage investment conduits (REMICs). Amends the IRC to impose a 34 percent tax on the net income from foreclosure property. Reduces the amount of taxable income of a REMIC by the amount of such tax. Imposes a tax on contributions to a REMIC after the startup day in an amount equal to the amount of the contribution. Lists exceptions. Makes corrections to TRA and IRC rules for accruing the original discount on regular interests and similar debt instruments. Amends the TRA to direct the Secretary of the Treasury (Secretary) to: (1) study the operation of REMIC amendments and their competitive impact on savings and loan and similar institutions; and (2) report the results to specified congressional committees by January 1, 1990. Makes technical amendments and corrections to IRC provisions with respect to the alternative minimum tax, including provisions relating to: (1) the treatment of taxes on dividends from Puerto Rico and U.S. possession corporations; (2) adjustments applicable to individuals and to corporations; (3) tax preference items; and (4) the denial of certain losses and the determination of the amount of such losses. Disallows the deduction for personal exemptions in calculations to determine the taxable income of a noncorporate taxpayer for minimum tax purposes. Adds to the TRA provisions to reduce the amount of minimum taxable income for qualified taxpayers by the amount of the agreement vessel depreciation adjustment. Amends accounting provisions of the TRA and the IRC. Directs the Secretary to prescribe regulations as necessary to prevent the use of related parties, pass-through entities, or intermediaries to evade certain limitations on the use of the cash method of accounting. Includes technical amendments of provisions relating to: (1) the special rule for the spudding of oil or gas wells; (2) capitalization and inclusion in inventory costs of certain expenses; (3) accounting method modifications for long-term contracts, including the addition of provisions permitting the Secretary to prescribe a simplified procedure for allocation of costs in certain cases; (4) the taxable years of certain entities, such as partnerships and common trust funds; (5) allocation of installment indebtedness, including provisions dealing with dispositions of personal property under revolving credit plans and installment obligations arising out of certain stock or securities sales; (6) disallowance of the use of the installment method of accounting for certain obligations; and (7) income attributable to utility services. Makes technical amendments and corrections to TRA and IRC provisions concerning financial institutions. Includes amendments with respect to: (1) the credit for investment in certain depreciable property in cases when the mutual savings bank or other financial institution is a lessee; (2) interest incurred to carry tax-exempt bonds, including the addition of properties subject to transitional rules and of provisions relating to small issuers, refunding obligations, and composite issues; and (3) the treatment of losses on deposits or accounts in insolvent financial institutions, including provisions allowing an institution whose deposits are not insured under Federal law to elect to treat losses on account of its bankruptcy or insolvency as ordinary losses. Makes technical amendments to the TRA and IRC with respect to insurance products and companies. Includes amendments relating to: (1) phase-in provisions for insurance companies whose income is now taxable but was not previously subject to taxation; (2) the treatment of certain dividends and tax-exempt interest; (3) the discounting of unpaid losses and certain unpaid expenses; and (4) the alternative tax for certain small companies. Amends provisions of the Tax Reform Act of 1984 that permit a mutual life insurance company to elect to treat individual noncancellable accident and health policies as cancellable. Delays the effective date for diversification requirements with respect to accounts for certain variable contracts that provide for the payment of an immediate annuity. Makes a technical amendment in the Social Security Act concerning simplified employment pensions (SEPs). Amends IRC and TRA provisions dealing with limitation and nondiscrimination requirements applicable to pensions and deferred compensation plans. Includes amendments relating to: (1) the treatment of married individuals filing separate returns and living apart for purposes of the limitation on the deduction for qualified retirement contributions; (2) nondeductible contributions to individual retirement plans, including the institution of a $50 penalty for failure to report designated nondeductible contributions; (3) distributions on deferrals in excess of the $7,000 limitation on the exclusion from gross income; (4) adjustments to limitations on contributions and benefits under qualified plans; (5) modifications of provisions governing tax-deferred compensation plans of State and local government and of tax-exempt organizations, including a new criterion for plan eligibility; (6) special rules for SEP including a technical amendment to the Social Security Act and a new provision prohibiting employee election of a salary reduction arrangement in cases when the SEP does not meet the requirements necessary to ensure the distribution of excess contributions; (7) the application of nondiscrimination rules to integrated plans; (8) minimum employee coverage requirements for qualified plans, including new provisions to address employers having only highly compensated employees; (9) minimum vesting requirements, including technical amendments of the Employee Retirement Income Security Act of 1974; (10) certain definitions; (11) cash or deferred arrangements, including new provisions to govern distributions upon the termination of a plan or the disposition of either a corporation's assets or its interest in a subsidiary; and (12) nondiscrimination requirements for employer matching contributions, employee contributions, and tax-sheltered annuities. Amends TRA and IRC provisions dealing with the treatment of distributions and various other aspects of pensions and deferred compensation plans. Includes technical amendments and corrections with respect to: (1) the taxation of distributions; (2) the uniform additional tax on early distributions from qualified retirement plans, including the repeal of provisions triggering additional tax when an employee receives certain distributions before reaching age 59 1/2; (3) revision of the class of taxpayers permitted to elect to treat certain lump-sum distributions received in 1987 as if they were received in 1986; (4) the tax on nondeductible contributions to qualified employer plans; (5) the excise tax on the reversion of qualified plan assets to an employer; (6) the excise tax on excess distributions from qualified retirement plans, including an addition to the rules for computing excess retirement accumulation; and (7) the tax treatment of the Federal Thrift Savings Fund. Makes technical amendments to the Retirement Equity Act of 1984 and to the Employee Retirement Income Security Act of 1974. Makes technical amendments and corrections to TRA and IRC provisions relating to employee benefits and employee stock ownership plans (ESOPs). Includes amendments with respect to: (1) the loss of the tax-exempt status of any organization that is part of a plan failing to meet certain requirements; (2) cafeteria plans; (3) technical amendments of the Social Security Act; (4) the definition of the terms "wages" and "compensation" for certain purposes; (5) the imposition of an excise tax on funded welfare benefits funds that include discriminatory employee benefit plans; (6) the deductibility of the health insurance costs of self-employed individuals; (7) the estate tax deduction for proceeds from sales of employer securities; (8) loans used to acquire employer securities, including provisions relating to the period of applicability of the exclusion of interest on such securities acquisitions loans; and (9) qualification requirements for ESOPs. Makes technical amendments and corrections to foreign tax provisions of the TRA and the IRC. Includes amendments relating to: (1) limitations on the foreign tax credit, including a definition of "financial services income" for purposes of such limitations; (2) source rules for personal property sales, including the addition of a special rule for certain stock sales by residents of Puerto Rico; (3) the treatment of gain from the sale of stock of a foreign corporation when the gain would ordinarily be sourced in the United States but, pursuant to a treaty obligation of the United States, the taxpayer chooses to treat the gain as foreign source income; (4) rules for allocating interest, and so forth to foreign source income, including revisions to phase-in rules; (5) the taxation of income earned through foreign corporations, including special rules for certain captive insurance companies and for determining the earnings and profits of a controlled foreign corporation for purposes of computing amounts to be included in the gross income of U.S. shareholders; (6) deductions for dividends received from certain foreign corporations; (7) transitional rules with regard to U.S. possession source income; (8) the disposition of investment in U.S. real property; (9) certain passive foreign investment companies, including the interest charge on tax deferrals, the treatment of qualified electing funds, and a special rule for the treatment of certain foreign corporations owning at least 25 percent stock in a domestic corporation; (10) the branch profits tax on foreign corporations; (11) the treatment of deferred payments and appreciation arising out of business conducted by foreign corporations or by nonresident aliens within the United States; (12) withholding tax on amounts paid by partnerships to foreign partners; (13) income of foreign governments, including the addition of limitations on the exclusion from gross income of such income; (14) the treatment of losses of separate business units of dual residence corporations; (15) foreign currency transactions, including provisions for determining foreign taxes and the earnings and profits of foreign corporations; (16) tax treatment of the Virgin Islands (V.I.), including provisions for the coordination of U.S. and V.I. income taxes; (17) the addition of provisions relating to the coordination of U.S. treaty obligations, amendments made by the TRA, and technical corrections effected by this Act; (18) taxation of domestic international sales corporation (DISC) income to tax-exempt shareholders; and (19) treatment of shared foreign sales corporations. Makes technical amendments and corrections to TRA and IRC provisions with respect to tax-exempt bonds. Includes amendments relating to: (1) various types of State and local bonds, including qualified small issue bonds, qualified student loan bonds, qualified mortgage bonds, and qualified 501(c)(3) bonds; (2) requirements applicable to certain private bonds, such as issues of scholarship funding bonds and volunteer fire department bonds; (3) arbitrage bonds, including refunding bond provisions dealing with governmental unit issuing $5,000,000 or less of bonds; (4) transitional rules relating to refundings and to the volume cap; (5) termination of the mortgage bond policy statement requirement; (6) provisions relating to certain established State programs, including a technical amendment of the Mortgage Subsidy Bond Tax Act of 1980; and (7) transitional rules for specific facilities. Makes technical amendments and corrections to IRC and TRA provisions dealing with the income taxation of trusts and estates, including provisions relating to: (1) reversionary interests; (2) the taxable year of trusts; (3) exceptions for charitable trusts, private foundations and certain trusts and estates from the penalty tax for failure to pay estimated income tax. Makes technical amendments and corrections of the IRC and TRA relating to the unearned income of minor children, including new provisions addressing the alternative minimum tax. Makes technical amendments and corrections to IRC and TRA provisions with respect to the generation-skipping transfer tax, including provisions concerning: (1) a deduction from such tax for certain transfers for public, charitable, and religious uses; (2) special rules for determining the inclusion ratio for certain inter vivos transfers; (3) disregard of certain support obligations arising under State law when determining a person's interest in a trust; (4) the treatment of certain partial terminations of trusts and of nonreportable gifts to trusts; and (5) special rules governing certain transfers to grandchildren. Makes technical amendments and corrections to compliance and tax administration sections of the TRA and the IRC, including amendments relating to: (1) the penalty for tax underpayment due to negligence and fraud; and (2) reporting requirements applicable to real estate transactions, including provisions excluding certain farm managers from the definition of "broker" and prohibiting a real estate reporting person from separately charging a customer for making certain required filings. Creates an exception from information reporting requirements for certain classified and confidential contracts between a Federal executive agency and another person. Makes technical amendments with respect to certain tax-exempt organizations subject to corporate estimated tax rules. Declares that certain salary recommendations submitted by the President for special trial judges shall not be effective to the extent such salaries are not equal to 90 percent of the rate for Tax Court judges and are not paid in the same installments as Tax Court judges' salaries. Makes technical amendments and corrections to TRA and IRC provisions with respect to retirement pay for U.S. Tax Court judges. Amends the IRC to include the refundable earned income credit in deficiency assessments. Makes technical amendments and corrections to TRA and IRC provisions with respect to the tax-exempt status of certain title holding corporations or trusts (an exception initiated by the TRA). Makes other technical amendments and corrections to TRA and IRC provisions, such as amendments relating to the excise tax on gasoline and its companion floor stocks tax. Makes technical amendments and corrections to the IRC and to the Tax Reform Acts of both 1984 and 1986 relating to: (1) tax-exempt entity leasing provisions as applicable to tax-exempt controlled entities; (2) the nonrecognition of gain or loss with respect to certain transfers in connection with corporate reorganizations and the treatment of distributions in such cases; (3) the deductibility of excess golden parachute payments; (4) accounting changes with respect to designated settlement funds; (5) the exclusion from gross investment income of dividends from certain subsidiaries of life insurance companies; and (6) special rules for stripped bonds of tax-exempt organizations. Repeals provisions added to the Tariff Act of 1930 by the Tax Reform Act of 1986 with respect to compensation of ocean freight forwarders. Makes technical amendments related to the Medicare program and to pension plans, including technical amendments to the Employee Retirement Income Security Act of 1974 and the Public Health Service Act. Adds to the IRC new provisions concerning elections under qualified pension arrangements with respect to spousal benefits. Part II: Amendments Related to Tax Provisions in Other Legislation - Makes technical amendments and corrections to IRC provisions relating to: (1) directions to the Secretary to provide regulatory guidance to govern circumstances when a refund of the excise tax on certain chemicals shall be made directly to an exporter; (2) substances subject to the excise tax on imported chemicals; (3) the addition of an exemption of regulated investment companies and real estate investment trusts from the environmental tax; (4) the tax on certain fuels to fund the Leaking Underground Storage Tank Trust Fund; (5) taxation of qualified methanol and ethanol fuel; (6) the Leaking Underground Storage Tank Trust Fund tax as applied to gasoline used in aviation and in trains; (7) the floor stocks tax on gasoline; (8) the ordering of amendments made by the Superfund Revenue Act of 1986 and by the Harbor Maintenance Revenue Act of 1986 of provisions related to the excise tax on fuel used in commercial transportation on inland waterways; and (9) exemption from the port use excise tax for cargo transported between Alaska, Hawaii, and any U.S. possession for ultimate use or consumption at the relevant destination. Amends the Harbor Maintenance Revenue Act of 1986 to delay from November 17, 1987, to July 1, 1988, the due date for the Secretary is study of cargo diversion. Makes technical amendments related to the Omnibus Budget Reconciliation Act of 1986 with respect to tax-exempt mutual or cooperative telephone or electric companies, as well as pension plans under the IRC and the Employee Retirement Income Security Act of 1974. Subtitle C: Miscellaneous Provisions - Part I: Provisions of General Application - Subpart A: Provisions Primarily Affecting Individuals - Amends the IRC to exclude certain means-based governmental assistance from calculations determining the applicability of various income tax deductions, credits, and other features. Amends IRC provisions relating to the application of: (1) the scholarship exclusion to graduate students; and (2) the 14 percent withholding rate on nonresident alien lecturers at U.S. educational organizations. Amends the IRC to provide that the prohibition against indirect income tax deductions through pass-through entities shall not apply to any regulated investment company whose shares are: (1) continuously offered pursuant to a public offering; (2) regularly traded on an established securities market; or (3) held by or for at least 500 persons at all times during the taxable year. Increases the amount permissible as a tax deduction for entertainment tickets to include up to $5.00 of service charges. Provides that, for taxable years beginning after 1986, rural mail carriers will be permitted to compute the amount of the income tax deduction for use of their automobiles in performance of mail services: (1) by using a standard mileage rate for all miles of such use equal to 150 percent of the basic standard rate; or (2) without applying the limitation on deductions generally applicable in cases when the business use of the automobile accounts for 50 percent, or less, of its use. Prohibits the use of 150 percent of the basic standard mileage rate in determining the allowable deduction if the taxpayer claims an investment tax credit or depreciation deduction for such automobile. Amends IRC provisions relating to the nonrecognition of gain on the sale of a principal residence in cases when: (1) a spouse dies before occupying the new residence; (2) the taxpayer is an ambassador or foreign service officer; and (3) the taxpayer is a member of the armed forces required to live on base. Permits a 100 percent tax deduction (currently 80 percent) of expenses for food or beverages: (1) required by Federal law to be provided to crew members of a vessel at sea; or (2) provided on an oil or gas platform or drilling rig located offshore or in Alaska. Subpart B: Depreciation and Low-Income Housing Credit - Amends IRC provisions relating to the depreciation deduction with respect to certain agricultural or horticultural structures, citrus trees, and certain other property used in a farming business. Amends the Tax Reform Act of 1986 to add new properties to those governed by transition rules with respect to capital cost recovery. Reduces the amount of investment tax credit recapture on certain involuntary conversions when the taxpayer places in service qualified replacement property within two years of the conversion. Explains a reference in the IRC in connection with capitalization of railroad track expenses. Amends TRA provisions relating to: (1) carryback of existing carryforwards of steel companies; (2) modification of the investment tax credit for rehabilitation expenditures. Amends the IRC with respect to the low-income housing income tax credit, including revision of provisions relating to: (1) a carryover of post-1987 credit dollar amounts; (2) a reduction in the State housing credit ceiling from $1.25 to $1.10; (3) the effect of family size on low income determinations; (4) the use of State median gross income in determining qualified low-income housing project status; and (5) anti-churning rules. Subpart C: Capital Loss Deduction for Individuals Limited to Taxable Income - Amends the IRC to limit the deduction for the net capital losses of an individual to the smallest of: (1) $3,000; (2) the excess of capital losses over capital gains; or (3) the taxpayer's taxable income for the year. Subpart D: Ethyl Alcohol and Mixtures Thereof for Fuel Use - Amends the TRA to retain at 30 percent the level of required indigenous processing or manufacture required for duty-free entry of ethanol into the United States. (Under current law, the percentage is due to increase in 1988.) Subpart E: Explansion of Transtitional Relief from Passive Loss Rules - Amends TRA provisions implementing transitional relief from passive loss rules as applied with respect to low-income housing investments. Extends this relief from December 31, 1987, until the 90th day after enactment of the Technical Corrections Act of 1987. Subpart F: Corporate Provisions - Delays the effect of IRS Announcement 86-47 with regard to recapture treatment of certain accounts in life insurance company acquisitions. Amends IRC provisions relating to the treatment of copyright and computer software royalties of S corporations. Repeals the IRC 30 percent test used to determine whether a company qualifies for treatment as a regulated investment company. Subpart G: Provisions Relating to the Alternative Minimum Tax - Amends the IRC provisions relating to the minimum tax in connection with: (1) the treatment of annuities that are part of structured settlements; (2) special rules for certain mortgage guaranty insurers; (3) rural cooperatives; and (4) an exemption for small nonlife insurance companies. Amends the IRC to treat as life insurance policies certain self-funded death benefit plans maintained by churches for their employees, thus excluding the benefits provided through such plans from gross income for income tax purposes. Subpart H: Accounting Provisions - Amends IRC accounting provisions with respect to inventory cost capitalization rules applied to: (1) animals produced in a farming business; and (2) free lance authors and photographers. Modifies IRC accounting rules with respect to both dealer and nondealer installment obligations. Amends accounting rules to be applied when a thrift institution is a member of a controlled group. Amends the IRC to permit to small water utilities a corporate income tax exclusion of contributions in aid of construction. Amends the IRC to permit a partnership, S corporation, or personal service corporation, unless it is part of a tiered structure, to elect to have a taxable year other than the required one, but generally only if the deferral period of the taxable year elected is three months or less. (Current law requires partnerships, S corporations, and personal service corporations, in most cases, to conform their taxable years to the calendar years used by their owners.) Subjects the principals of a partnership or S corporation electing to change taxable years to additional estimated tax requirements to offset any tax deferral resulting from such election. Imposes deduction limitations on a personal service corporation that changes taxable years. Provides that an election with respect to taxable year shall be made by the partnership, S corporation, or personal service corporation and shall be binding on all partners and shareholders. Sets forth the formula for determining the additional tax requirement when a taxpayer: (1) is a partner or shareholder in at least one such entity during any applicable election years of the entity that end within the taxpayer's taxable year; and (2) has an aggregate deferred tax exceeding $200 with respect to the entity. Describes payment procedures. Requires the inclusion of specified information on returns filed by partnerships and S corporations that elect to use a non-required taxable year. Limits the tax deduction permitted to a personal service corporation for amounts paid or incurred with respect to employee-owners when such a corporation: (1) elects to have a taxable year other than the required one; and (2) fails to meet certain minimum distribution requirements regarding non-dividend amounts paid to owners. States that common trust funds, beginning in 1988, must adopt the calendar year as their taxable year. Subpart I: Financial Institutions - Provides for the coordination of corporate rate reductions with methods used to calculate additions to bad debt reserves of thrift institutions. Amends IRC provisions relating to the net operating loss deduction to permit commercial banks to elect to apply normal net operating loss rules to all of their net operating losses. (Under current law, different rules may be applied to losses attributable to deductions for bad debts.) Subpart J: Provisions Relating to Insurance - Amends the IRC to state that charitable gift annuities (those owned by an individual who made a tax-deductible charitable contribution to the annuities issuer) are not commercial-type insurance for purposes of determining the tax-exempt status of an organization. Directs the Secretary of the Treasury to revise the tables used to determine the amount of a charitable contribution to reflect interest rates and recent mortality experience. Amends IRC special rules with regard to the treatment of unearned premium reserves by property/casualty insurance companies that do not deduct sales commissions on deferred premium installments. Subpart K: Pension; Employee Benefits; ESOPs - Provides that for certain payments made before 1987, a trust fund that qualifies as a voluntary employees' benefit association providing health and welfare benefits to specified persons in Pennsylvania shall be deemed to have fulfilled all employer obligations with respect to: (1) employer contributions under the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act; and (2) FICA and income tax withholding. Amends the IRC to exclude from gross income as a de minimis fringe benefit the first $15 of transit passes provided per month by an employer to an employee. Amends IRC provisions governing the commencement date for benefits under qualified governmental pension plans. Amends the IRC to state that the accounting provisions applicable to the deferred compensation plans of State and local governments and of private tax-exempt organizations shall not apply to nonelective deferred compensation. Amends IRC provisions relating to: (1) adjustments to limitations on contributions and benefits under State and local government plans; (2) cash or deferred arrangements of tax-exempt organizations; (3) minimum coverage requirements for qualified governmental plans; (4) amendment of master or prototype plans; and (5) air cargo transportation as a fringe benefit. Imposes an excise tax, in the amount of $100 per day of noncompliance, on an employer, plan administrator, or any other person whose act or omission causes the failure of a group health plan to satisfy continuation coverage requirements. Includes provisions for a minimum tax in cases when the failure cannot be corrected. Describes administrative features of the tax, as well as the continuation coverage requirements that must be met by group health plans. Repeals provisions disallowing an employer's deduction for group health plan expenses and the tax exclusion of health coverage benefits of highly compensated employees in cases of an employer's failure to satisfy continuation coverage requirements. Subpart L: Foreign Provisions - Amends the IRC to increase from 50 percent to 67 percent the amount of research and development expenditures that a company must allocate to income from sources within the United States. Establishes a special rule for the qualified research and experimental expenditures required by governmental entities. Requires companies to report on a consolidated basis with respect to the expenditures associated with this source rule. Amends the IRC to delay, from 1988 to 1989, the implementation of rules under which the earnings and profits of certain foreign corporations are determined without regard to the installment method of accounting. Amends IRC provisions relating to: (1) treatment of pre-1987 interest for purposes of foreign tax credit modifications; (2) interest on U.S. obligations held by Puerto Rican banks; (3) source rules applied to certain regulated investment companies; and (4) the allocation of interest expenses of certain financial institutions. Subpart M: Tax-Exempt Bonds - Amends the IRC to raise from $5,000,000 to $10,000,000 the threshold amount of tax-exempt bonds that a small governmental unit may issue and still remain within the exception from arbitrage rebate requirements. Revises the definition of "manufacturing facility" in the context of small issue bonds. Amends TRA tax-exempt bond provisions with respect to various specific properties and projects. Subpart N: Provisions Relating to Estate Tax - Amends the IRC in connection with the valuation of farm land for estate tax purposes. Permits a surviving spouse to enter into a cash lease of farm or other real property with a family member and still have the property valued under use value principles rather than according to its highest and best use. Subpart O: Exchange of Information and Reporting Provisions - Amends the IRC to permit, under certain circumstances, the disclosure of income tax returns and return information to officials of municipalities with a population of more than 1,500,000. (Present law allows such disclosure only to municipalities with a population in excess of 2,000,000.) Exempts the Federal Home Loan Mortgage Corporation from provisions requiring the filing of an information return relating to persons receiving contracts from Federal executive agencies. Subpart P: Exempt and Nonprofit Organizations - Amends the IRC to permit an 80 percent income tax deduction of contributions to or for an institution of higher education, even if the taxpayer receives, as a result of paying such an amount, the right to seating or the right to purchase seating in the institution's athletic stadium. Amends the IRC to exclude from income, for purposes of the unrelated business income tax, any income derived by a tax-exempt social welfare organization from the rental or exchange with other similar organizations of member or donor lists. Exempts from all Federal, State, or local taxation any earnings on, and distributions from, the Enjebi Community Trust Fund. Subpart Q: Miscellaneous Provisions - Amends the IRC to authorize the Secretary of the Treasury to prescribe de minimis tolerances for the volume of wine in bottles for purposes of the excise tax on wine. Amends the IRC to allow certain wholesale distributors of gasoline to pay the gasoline tax. Amends the IRC to eliminate the retroactive certification of employees for purposes of the income tax credit for certain expenses of work incentive programs. Makes such amendment applicable to credits first claimed after March 11, 1987. Subpart R: Miscellaneous Provisions - Amends the Tax Reform Act of 1984 to add a transitional rule with respect to relieving innocent spouses of income tax liability in certain cases. Prescribes treatment of certain qualified group self-insurers' funds (workers' compensation funds) with respect to deficiency assessments and other matters. Part II: Amendments Related to Tax Legislation Other than the Tax Reform Act of 1986 - Amends the IRC to exempt from the harbor maintenance (port) tax any cargo owned or financed by a nonprofit organization or cooperative for use in humanitarian or development assistance overseas. Amends the IRC with respect to cargo entering or leaving the United States and on which the harbor maintenance (port) tax has been paid or imposed. Prohibits the imposition of tax with respect to any subsequent loading or unloading of the same cargo if: (1) the shipper is the same at the time of entry or of the imposition of the tax and at the time of the subsequent loading or unloading; and (2) the subsequent activity is in connection with the continuous transportation of the cargo to its ultimate U.S. destination. Amends the IRC to provide an exception from the excise tax on distilled spirits in the case of certain distilled spirits removed from certain foreign trade zones. Amends the IRC to extend the potential commencement date of the Oil Spill Liability Trust Fund and petroleum tax. Subtitle D: Lobbying and Political Activities of Tax-Exempt Organizations - Part I: Disclosure Requirements - Amends the IRC to require tax-exempt organizations not eligible to receive tax-deductible charitable contributions to include in every written, broadcast, or telephone fundraising solicitation an express and conspicuous statement that gifts or contributions to the organization are not deductible as charitable contributions for Federal income tax purposes. Exempts from this requirement: (1) organizations having gross receipts of $100,000 or less; and (2) coordinated fundraising campaigns that solicit fewer than ten persons in a year. Fixes penalties for failure to comply with this disclosure requirement. Provides for public inspection, at organization offices, of both the annual returns and the application for recognition of exemption filed by tax-exempt organizations. Protects from disclosure the names and addresses of contributors. Requires that tax-exempt charitable entities (501(c)(3) organizations) provide annual information with respect to transfers and other transactions involving certain other tax-exempt organizations as the Secretary of the Treasury might require to prevent misallocation of revenues or expenses of any diversion of funds from the organization's exempt purpose. Amends IRC penalty provisions relating to required filings by tax-exempt organizations and certain trusts to: (1) revise the maximum penalty applicable in certain cases; (2) fix a penalty for failure to include required and accurate information on a return; (3) fix a penalty for failure to comply with public inspection requirements; and (4) treat the penalties as tax for administrative purposes. Assesses penalties against tax-exempt organizations that willfully fail to comply with public inspection requirements. Imposes a penalty on any tax-exempt organization or political organization that offers to sell to an individual specific information or a routine service that could be readily obtained by that individual free of charge from a Federal agency. Subpart B (Sic): Political Activities - Extends the prohibition against certain political activities by tax-exempt organizations to include activities in opposition to any candidate (current law includes only those activities on behalf of a candidate). Provides that any 501(c)(3) organization whose status is terminated by reason of intervening in any political campaign either for or against a candidate for public office shall never be treated as a tax-exempt not-for-profit civic league or organization. Imposes on a tax-exempt 501(c)(3) organization: (1) a ten percent excise tax on its political expenditures; and (2) a 100 percent tax on any such expenditure that has been subject to the ten percent penalty tax and has not been corrected within the taxable period. Imposes on the manager of a 501(c)(3) organization: (1) a two and one-half percent tax, to a maximum amount of $5,000, if such manager knowingly agrees to a political expenditure by the organization; and (2) a 50 percent tax, to a maximum of $10,000, if the manager refuses to agree to part or all of a correction of the prohibited expenditure. Identifies the types of expenditures considered to be political. Authorizes a civil action in U.S. district court in the name of the United States to enjoin a 501(c)(3) organization from making additional political expenditures and for other relief appropriate to ensure that the organization's assets are preserved for charitable purposes. Permits such an action only If: (1) the IRS has notified the organization of its intent to seek the injunction; and (2) the Commissioner of Revenue has personally determined that the organization has flagrantly participated in prohibited campaign activity, and that injunctive relief is appropriate to prevent future political expenditures. Directs the Secretary, upon the finding that a 501(c)(3) organization has made political contributions in flagrant violation of the prohibition against such expenditures, to make an immediate termination assessment of any income tax payable by such organization, as well as any penalty taxes due with respect to political expenditures. Sets forth guidelines to govern such termination assessments. Imposes: (1) a five percent excise tax, to be paid by the organization, on the lobbying expenses of any organization whose 501(c)(3) status has been lost because of such expenditures; and (2) a corresponding penalty tax to be paid by the organization manager who agreed to such expenditures, knowing that they could result in the organization's loss of tax-exempt status.
United States · United States Congress · 2 October 1987
Amends the Agricultural Act of 1949 to provide that, notwithstanding the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the subsequent sequestration order issued by the President (under such Act), FY 1987 dairy expenditure reductions shall be implemented through a reduction in the price received by milk producers rather than through a reduction in Commodity Credit Corporation payments for dairy product purchases. States that such reductions shall be no greater than needed to equal the reduction in milk support expenditures required by such order.
United States · United States Congress · 25 September 1987
Amends the Agricultural Act of 1949 to provide that, notwithstanding the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the subsequent sequestration order issued by the President (under such Act), FY 1987 dairy expenditure reductions shall be implemented through a reduction in the price received by milk producers rather than through a reduction in Commodity Credit Corporation payments for dairy product purchases. States that such reductions shall be no greater than needed to equal the reduction in milk support expenditures required by such order.
United States · United States Congress · 17 September 1987
Sets forth the rule for the consideration of H.J. Res. 321 (balanced budget amendment).
United States · United States Congress · 10 September 1987
Provides that the contents of the joint sequestration report of the Director of the Office of Management and Budget and the Director of the Congressional Budget Office for FY 1988 required under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) shall be deemed to be set forth in this resolution and shall serve as the sole basis for the presidential sequestration required under such Act.
United States · United States Congress · 7 August 1987
Title I: Short Title - Medicare and Medicaid Budget Reconciliation Amendments of 1987. Title II: Amendments to Social Security Act - Provides that this Act's amendments shall be considered to be made to the Social Security Act, except as otherwise specified. Title III: Table of Contents of Title IV - Supplies the table of contents for Title IV of this Act. Title IV: Medicare and Medicaid Amendments - Subtitle A: Medicare Provisions - Part I: Payment Reforms - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to provide for reductions in the prevailing charges, used in determining reasonable charges for Medicare services, for specified surgical procedures. Sets limits on the amount nonparticipating physicians may charge for such procedures. Reduces the rate of payment for a physician's provision of medical direction to nurse anesthetists when such physician is providing medical direction to two or more nurse anesthetists performing anesthesia services concurrently. Adjusts the Medicare Economic Index to increase the prevailing charge for a physician's primary care services by six percent in 1988 while increasing such charge for a physician's other services by two percent. Provides physicians whose primary practice is family practice, general practice, general internal medicine, gynecology, or pediatrics with incentive payments for practicing in underserved rural areas. Sets forth special Medicare payment rules for durable medical equipment, prosthetic devices, orthotics (leg, arm, back, and neck braces), and prosthetics. Requires the Secretary of Health and Human Services to report to the Congress by 1991 on the impact of such rules on the availability of such services and the appropriateness of increasing payment rates for oxygen and oxygen equipment when a greater volume of oxygen or portable oxygen equipment is used. Places a moratorium, until 1991, on the Secretary's conduct of any demonstration project regarding alternative methods of paying for covered items. Directs the Secretary to establish, and report to the Congress regarding, fee schedules for radiologic services by August 1, 1988. Requires that such schedules take into account variations in the cost of furnishing services in different areas and result in certain reductions in aggregate Medicare payments for such services. Sets limits on the amount nonparticipating physicians may charge for such services. Authorizes the Secretary to allow physicians and suppliers to become participating physicians or suppliers only with respect to radiologic services. Directs the Secretary to: (1) establish proposed fee schedules for physician pathology services which may be implemented by 1990; and (2) report to the Congress regarding such fee schedules. Prohibits the Secretary from implementing or conducting a new study into a prospective payment system for radiologic, physician anesthesia, and physician pathology services under the Medicare program before 1991 unless specifically directed by law to do so. Makes technical changes regarding a nonparticipating physician's maximum allowable actual charge. Eliminates the FY 1975 floor on the prevailing charge for a physician service in a locality. Sets the maximum rate of payment per visit for independent rural health clinic services at $46 in 1988, updated annually thereafter to reflect increases in the Medicare Economic Index. Requires the Secretary to report to the Congress by March 1, 1989, on the adequacy of payments for such services. Requires that the fee schedule for certified registered nurse anesthetist services be based on data from cost reporting periods beginning in FY 1985 and such other data that the Secretary deems necessary to establish a reasonable fee schedule. Includes the services of registered nurses as assistants at surgery as "medical and other health services" for which direct Medicare payments may be made. Directs the Secretary to report to the Congress by April 1, 1989, regarding the adequacy of payments for physicians' assistants and registered nurses assisting at surgery. Establishes a floor on the reasonable charge for each physicians' services equal to 55 percent of the average of the prevailing charge levels for such service in all localities for the year. Increases the prevailing and customary charge for a service when such charges are lower than the reasonable charge floor so that by 1991 prevailing and customary charges are at least equal to the reasonable charge floor for a physicians' service. Prohibits the maximum allowable actual charge of a nonparticipating physician for a covered service furnished in 1989 or 1990 from being less than 96 precent of the minimum allowable pervailing charge for 1989 and 1990. Provides that for physicians' services furnished after 1988 the regular percentage increase in the Medicare Economic Index shall be decreased by two percentage points. Part 2: Coverage and Eligibility Changes - Amends the Medicare program to provide Medicare coverage for influenza vaccines and their administration. Limits covered immunosuppressive drugs to prescription drugs used in immunosuppressive therapy. Provides coverage under part B of the Medicare program of services furnished by a clinical social worker to a member of a health maintenance organization. Amends part A (Hospital Insurance) of the Medicare program to continue part A eligibility of physically or mentally impaired individuals who were eligible for such benefits by reason of their entitlement to disability benefits under title II (Old Age, Survivors and Disability Insurance) of the Act, but whose title II benefits have been terminated because they engaged in substantial gainful activity. Sets forth enrollment, special enrollment, and coverage periods as well as the contingencies terminating one's enrollment. Conditions such continued part A eligibility upon the payment of a monthly premium. Requires individuals who are entitled to part B (Supplementary Medical Insurance) Medicare benefits only by reason of their continued part A eligibility provided by this Act to pay a monthly premium set at four times the amount otherwise required under part B. Prohibits such part A and B premiums from exceeding a specified percentage of the individual's adjusted gross income, unless the premium thereby sinks below 25 percent of the premium determined without income restraints. Amends title II of the Act to provide that when individuals become entitled to OASDI disability benefits by reason of a disability which previously entitled them to such benefits, both periods of entitlement shall count toward the two-year period of OASDI disability benefit entitlement required for Medicare eligibility despite an intervening period of gainful employment. Provides coverage under part B of the Medicare program for therapeutic shoes furnished to individuals with severe diabetic foot disease. Part 3: Home Health Care Quality Improvements - Defines as "homebound", a prerequisite of eligibility for Medicare home health services, any person who has a condition which restricts his or her ability to leave the home without support or for whom leaving the home is medically contraindicated. Requires Medicare fiscal intermediaries which perform home health payment services to provide an explanation of claim denials for home health services and promptly notify the parties requesting a reconsideration of such determinations of the result of such reconsideration. Requires fiscal intermediaries to make partial payments of disputed claims when such notice has not been transmitted within 60 days of receipt of the reconsideration request. Makes an intermediary's performance on appeals of home health care payment determinations part of the Secretary's overall appraisal of the intermediary. Requires a Medicare home health agency to: (1) protect and promote the rights of each individual under its care; (2) notify the State licensing or certification entity of changes in persons having an ownership or controlling interest in the agency or changes in the organization responsible for managing the agency; (3) furnish items and services through licensed health professionals or persons who have completed or are enrolled in a training program which meets minimum standards established by the Secretary by July 1, 1988; and (4) include the patient's plan of care within its clinical records. Requires an appropriate State or local agency to conduct an unannounced survey on an average of once a year, but in no case later than 15 months after the previous unannounced survey, and within two months of the receipt of a significant number of complaints against a home health agency, of the quality of patient care provided by such agencies. Authorizes the survey of a home health agency within two months of any change in its ownership, administration, or management. Subjects home health agencies which perform poorly in such surveys to an extended survey. Directs the Secretary to evaluate the assessment process, report to the Congress on the results of such evaluation, and make appropriate modifications to such process by 1991. Requires that when the Secretary determines that a home health agency's deficiencies immediately jeopardize the health and safety of service recipients the Secretary take immediate action to remove the jeopardy or correct the deficiencies, or terminate the agency's Medicare participation. Authorizes the Secretary to impose intermediate sanctions against an agency whose failure to correct deficiencies does not immediately jeopardize the health and safety of health care beneficiaries, but halts Medicare payments to such agency if six months pass without the correction of deficiencies. Directs the Secretary to publish and make available to the public without charge a directory of home health agencies certified to participate in the Medicare program, including information regarding all surveys and certifications made with respect to each agency. Requires appropriate State or local agencies to maintain: (1) toll-free hotlines to receive complaints and answer questions regarding home health agencies in the State or locality; and (2) units with enforcement authority and access to consumer medical records and survey reports to investigate such complaints. Directs the Secretary to: (1) report to the Congress before 1988 on the appropriateness of reimbursing home health agencies on either a rural or urban basis rather than considering an agencies mix of urban and rural clientele; (2) determine home health agency cost limits on the basis of recent agency cost reports; and (3) establish a demonstration project to develop and test alternative methods of paying home health agencies on a prospective basis for services furnished under the Medicare and Medicaid (title XIX of the Act) programs. Part 4: Peer Review Organizations - Amends part B (Peer Review) of title XI of the Act to require the physician representative of a peer review organization (PRO) responsible for reviewing the services of a rural hospital to visit such hospital at least quarterly and meet with the hospital staff regarding such review. Requires the Secretary to emphasize a PRO's performance in educating providers and practitioners concerning the review process when evaluating a PRO's performance. Prohibits a PRO's determination that a payment should not be made from becoming final before the physician or provider involved has a reasonable and convenient opportunity to discuss the proposed determination and the physician or provider has had 30-days notice of the proposed determination. Directs the Secretary to report to the Congress within two years of this Act's enactment regarding the educational effectiveness of PROs providing Medicare beneficiaries with payment denial notices when such beneficiaries are not liable for payment. Prohibits the Medicare exclusion of a provider or practitioner pending completion of administrative review procedures unless a hearing before an administrative law judge results in the determination that the provider or practitioner will pose a serious risk to beneficiaries if allowed to continue furnishing Medicare services. Part 5: Miscellaneous Provisions - Permits Medicare beneficiaries (other than those with end-stage renal disease or already enrolled with organizations providing health services on a prepaid basis) to enroll with eligible organizations with which the Secretary enters a contract for the provision of community nursing and ambulatory care on a prepaid, capitated basis. Lists the services and supplies which comprise community nursing and ambulatory care. Defines an "eligible organization" as a public or private entity which: (1) primarily engages in the provision of community nursing and ambulatory care; (2) provides such care through or under the supervision of a registered nurse; (3) maintains clinical records on all patients; and (4) maintains procedures for referring cases to or consulting with other health care providers. Requires the Secretary to annually publish a per capita rate of payment for each class of enrollees equal to 95 percent of the adjusted average per capita cost for such class. Directs the Secretary to make monthly prepayments to such organizations in accordance with such rates. Authorizes retroactive payment adjustments to account for differences between the actual number of enrollees and the number of enrollees estimated for the purpose of determining the advance payment. Prohibits: (1) estimated payments for prepaid community nursing and ambulatory care from exceeding the payments which the Secretary estimates would otherwise have been made for such care; and (2) enrollee charges from exceeding charges for which they would be liable in the absence of their enrollment. Authorizes eligible organizations to provide enrollees with optional additional care. Requires the provision of additional care where the average of the per capita rates of payment to an organization exceeds the adjusted community rate for community nursing and ambulatory care, unless the organization elects to have such payments reduced or withheld. Makes certain Medicare provisions which are applicable to health maintenance organizations and competitive medical plans applicable to organizations providing care pursuant to this Act, including provisions regarding: (1) enrollment periods; (2) enrollee grievance procedures; (3) health care quality assurance programs; and (4) the organization's status as a secondary payor. Requires the expedited administrative hearing of an appeal of a determination regarding an individuals entitlement to Medicare benefits or the amount of such benefits when there are no material issues of fact in dispute. Directs the Secretary to establish certain time limits on carriers' hearings regarding their Medicare payment determinations. Requires the Secretary to promulgate major Medicare rules, requirements, or policy statements through the regulatory process. Sets forth publication requirements. Prohibits carriers, fiscal intermediaries, or PROs from implementing a policy change affecting a change in Medicare payments without providing 30-days notice of such change to affected parties. Requires the Secretary to include in the publication of a regulation which can reasonably be expected to affect a substantial number of rural health care providers an analysis of the regulation's impact on the access of individuals to rural health care services. Prohibits the Secretary from requiring carriers to delay payments under part B of the Medicare program. Treats employees of the Physician Payment Review Commission as employees of the United States Senate for purposes of pay and employment benefits, rights, and privileges. Limits the podiatrist services which may be considered physicians' services under the Medicare program. Makes a group health plan the primary payer for items and services covered under Medicare's end-stage renal disease program. Limits minimum utilization rate requirements for end-stage renal disease services to transplantations. Amends the Omnibus Budget Reconciliation Act of 1986 to delay, from April 1, 1989, to April 1, 1990, the effective date of the prohibition of health maintenance organizations from providing physicians with incentives to reduce or limit services. Delays, from October 1, 1987, to April 1, 1988, the application of certain standards for organ procurement agencies. Directs the Secretary to: (1) arrange for, and report to the Congress within three years of this Act's enactment on, a study of the Medicare end-stage renal disease program; and (2) study, and report to the Congress by April 1, 1989, on ways to provide adequate payments under part B of the Medicare program for the costs of providing chemotherapy to cancer patients in physicians' offices. Amends the Omnibus Budget Reconciliation Act of 1985 to delay, from July 1, 1987, to October 1, 1988, the date by which the Secretary must establish a system providing for a unique identifier for each physician furnishing Medicare services. Authorizes the Secretary to impose sanctions against a person who knowingly and willfully bills a beneficiary for a clinical diagnostic laboratory test for which payment may only be made on an assigned basis in the same manner in which they may be applied against nonparticipating physicians who overcharge for their services. Requires the Secretary to determine, upon the request of a pediatric heart transplant center, whether such center meets the standards for qualification as a Medicare heart transplant center and issue a certification of such fact if the center meets such standards. Subtitle B: Provisions Relating to Medicaid Program Part 1 Combatting Infant Mortality - Amends title XIX (Medicaid) of the Act to allow States to extend Medicaid coverage to pregnant women and infants under age one whose family income exceeds current income eligibility standards, but does not exceed 185 percent of the Federal poverty level. Authorizes States to accelerate the coverage of poor children under age five. (Currently, coverage would not be extended to all poor children under age five until FY 1991). Allows States to extend Medicaid coverage to poor children under age eight. Directs the Secretary to provide for State demonstration projects to reduce infant mortality and early childhood morbidity by improving the access of Medicaid-eligible pregnant women and children to obstetricians and pediatricians. Increases the Medical assistance percentage for such projects, but sets a FY 1988 limit on the additional Federal Medicaid expenditures which result from such projects. Requires the Secretary to report to the Congress by March 1, 1991, regarding such projects. Sets forth miscellaneous amendments relating to Medicaid services for pregnant women and children. Part 2: Addressing Needs of Elderly Poor Subpart A: Improvements for Nursing Home Residents - Amends the Medicaid program to establish a single set of requirements for skilled nursing and intermediate care facilities (other than facilities for the mentally retarded), and to refer to such facilities as "nursing facilities." Sets forth requirements for nursing facilities, including requirements that such facilities: (1) primarily engage in providing residents with nursing care, rehabilitative services, and other health-related services which can only be provided through such facilities, directed toward residents' mental, psychosocial, and physical well-being; (2) provide such care in accordance with a written plan of care initially prepared and periodically reviewed and revised by a licensed health care professional on the basis of assessments of a resident's functional capacity conducted upon the resident's admission and after a significant change in the resident's physical or mental condition, but in no case less often than annually, and reviewed for accuracy at least once every three months; (3) provide, in addition to nursing and rehabilitative services, such physicians' services, medically-related social services, pharmaceutical services, dietician services, and dental services as are required to fulfill each resident's plan of care; (4) not use any individual who is not a licensed health care professional or licensed social worker as a nurse aide after 1989 unless the individual has completed a State-approved training program or is enrolled in such a program, and is competent to provide such services; (5) require a physician's supervision of each patient's care, the maintenance of clinical records on all patients, and, with certain exceptions, the services of a licensed nurse 24 hours a day and a registered nurse eight hours a day, or 16 hours a day if the nursing facility has at least 90 beds; (6) employ a full-time social worker if they have over 120 beds; (7) protect specified patient rights, including the right to appeal an involuntary transfer or discharge from the facility; (8) provide applicants and residents with information regarding the Medicare and Medicaid programs and not require applicants to waive their rights to such benefits or have a third party guarantee payment to the facility as a condition of their admission; (9) safeguard a patient's funds upon the patient's authorization; (10) not admit any new resident, after 1988, who is mentally ill or retarded unless the State mental health authority deems such individual to require nursing facility services and decides whether the individual requires active treatment for mental illness or retardation; (11) notify the agency responsible for licensing the facility of changes in the ownership, control, or administration of the facility; (12) adopt certain measures to preserve facility safety and sanitation; and (13) meet such other conditions which the Secretary deems necessary for patient health and safety. Requires States to specify, by January 1, 1989, those nurse aide training programs which meet the minimum standards to be established by the Secretary by July 1, 1988, and have the State's approval. Prohibits State approval of a training program offered by a facility that has been out of compliance with this Act's requirements within the previous two years. Requires each State to: (1) establish a registry, by 1989, of all individuals who have satisfactorily completed a nurse aide training program in the State; (2) develop a written notice, by April 1988, of the rights and obligations of nursing facility residents under the Medicaid program; and (3) establish a fair mechanism, by 1989, which meets Federal guidelines to be established by October 1, 1988, for hearing appeals on involuntary transfers of residents from nursing facilities. Requires that, in addition to the preadmission review of mentally ill or retarded individuals, State mental health authorities conduct an annual review of mentally ill or retarded residents to determine whether such residents require nursing facility services and whether they require active treatment for mental illness or retardation. Directs that such preadmission and annual reviews be conducted in accordance with criteria to be developed by the Secretary by October 1, 1988. Sets forth required nursing facility responses to determinations as to whether such residents need nursing facility services and need, or do not need, active treatment for mental illness or retardation. Gives long-term residents who do not require nursing facility services, but who require active treatment, the choice of remaining in the facility or receiving covered services in an alternative setting. Requires nursing facilities to provide for the active treatment of residents in need of treatment for mental illness or retardation regardless of their continued need for nursing facility services or their discharge from such facility. Requires States to have an appeals process for individuals adversely affected by such preadmission and annual reviews. Sets the Federal matching percentage for: (1) nurse aide training programs at the Federal assistance percentage plus 25 percent, but not exceeding 90 percent, for FY 1988 and 1989, and at 50 percent thereafter; and (2) preadmission and annual screening of mentally ill or retarded residents at 75 percent. Directs the Secretary to: (1) provide States with technical assistance in the development and implementation of reimbursement methods for nursing facilities that take into account the case mix of residents in different facilities; and (2) report to the Congress by January 1, 1993, on the progress made in implementing this Act's nursing facility staffing requirements. Requires the Secretary to designate an instrument(s) by April 1, 1990, and States to specify the instrument by July 1, 1990, for use by States in assessing a resident's functional capacity. Requires the Secretary to report to the Congress by January 1, 1992, on the implementation of the resident assessment process. Imposes civil monetary penalties on individuals who falsify resident assessments. Makes the Secretary responsible for certifying that State nursing facilities comply, and States responsible for certifying that other nursing facilities comply with Medicaid nursing facility requirements. Bases such certification on surveys conducted within two months of any change in the ownership or administration of such a facility, and an annual, unannounced standard survey. Subjects facilities with poor compliance records to extended surveys. Directs the Secretary to: (1) develop and test a protocol for conducting surveys; (2) establish minimum qualifications for surveyors and train them in the use of resident assessment instruments; and (3) conduct sample surveys of nursing facilities, within two months of State surveys, to test the adequacy of State surveys and reduce Federal payments for State Medicaid administrative costs if such State surveys prove inadequate. Authorizes the Secretary to conduct a special survey of a facility when there is reason to question its compliance with this Act. Requires States to investigate complaints against, and monitor the compliance of Act's requirements if the facility was previously found out of compliance with such requirements or the State has reason to question its compliance. Requires that certain information regarding nursing facilities and their compliance with this Act's requirements be made available to the public. Provides long-term care ombudsmen, resident's physicians, and the State board which licenses facility administrators with notice of a facility's poor quality of care. Gives State Medicaid fraud and abuse control units access to facility survey and certification information. Sets the Federal matching percentage for nursing facility certification activities at 90 percent in FY 1990, 85 percent in FY 1991, 80 percent in FY 1992, and 75 percent thereafter. Eliminates current penalties applied to a State when its control over the utilization of skilled nursing or intermediate care facility services is deemed inadequate. Requires that when the Secretary or a State determines that a nursing facility's deficiencies immediately jeopardize residents' health and safety, immediate action be taken to remove the jeopardy and correct the deficiencies or such facility's participation in Medicaid be terminated. Directs the Secretary and States to apply certain other remedies where the health and safety of facility residents is not immediately jeopardized. Authorizes the imposition of civil money penalties against facilities found to be in compliance with this Act's requirements but to have been out of compliance previously. Provides that if a facility is out of compliance with any of this Act's requirements three months after having been found out of compliance with such requirements or on three consecutive standard surveys, Medicaid payments for newly admitted residents shall be denied and, in the latter case, on-site monitoring of the facility's compliance shall be established. Authorizes each State to establish a program providing rewards to facilities providing the highest quality of care. Sets forth special rules which are to be applied where a State and the Secretary do not agree on a finding of noncompliance or the remedies which should be prescribed. Requires States to provide each institutionalized Medicaid beneficiary who is not receiving payments under title XVI (Supplemental Security Income) of the Act with a monthly personal needs allowance of at least $35 in 1988, with subsequent annual increases in such allowance reflecting increases in the cost-of-living. Directs the Secretary to report to the Congress annually on the extent to which nursing facilities are complying with this Act's requirements, and the number and type of enforcement actions taken against such facilities. Subpart B: Other Provisions - Authorizes California to set a special Medicaid income eligibility level for a family of two individuals both of whom are adults and at least one of whom is aged, blind, or disabled. Requires a State, under a home or community-based waiver, to cover home or community-based services provided pursuant to a written plan of care to individuals age 65 or older with respect to whom there has been a determination that but for the provision of such services the individuals would require the level of care provided in a skilled nursing or intermediate care facility, the cost of which could be reimbursed under the Medicaid program. Provides that such a waiver shall be for an initial three-year term and, upon a State's request, for additional five years terms. Sets funding limitations. Provides that for the initial determination of an institutionalized spouse's Medicaid eligibility the institutionalized spouse may transfer his or her resources to the community spouse to the extent the spousal share (computed by dividing the sum of the spouses' resources in half) is less than $12,000 (adjusted annually to reflect changes in the cost-of-living), but attributes any resources not solely in the ownership of the community spouse to the institutionalized spouse if such transfer is not made. Considers resources held in the name of the community spouse to be available to the institutionalized spouse to the extent their value exceeds $48,000 (adjusted annually to reflect changes in the cost-of-living), or, if greater, the amount a court has ordered to be retained by the community spouse for support. Provides that after the initial eligibility determination: (1) no resources of the community spouse will be considered available to the institutionalized spouse; and (2) the income of the institutionalized spouse will not be considered to include a specified personal needs allowance, community spouse monthly income allowance, family allowance, and incurred expenses for medical or remedial care for the institutionalized spouse that are not covered by a legally liable third party. Sets forth the formulas for determining such allowances. Gives either spouse the right to a hearing to establish that the minimum monthly maintenance needs allowance or community spouse monthly income allowance is not adequate to support the community spouse without financial duress so that an adequate amount of support will be substituted for the allowance. Prohibits the latter allowance from being less than court-ordered support payments. Delays the Medicaid eligibility of institutionalized individuals who disposed of their resources at less than fair market value within two-years prior to applying for Medicaid benefits. Sets forth situations in which a delay shall not be applied. Directs the Secretary to report to the Congress by December 31, 1988, on means of recovering amounts from the estates of deceased Medicaid beneficiaries to pay for Medicaid skilled nursing or intermediate care facility services provided to such beneficiaries. Part 3: Addressing the Needs of Working Welfare Recipients - Amends the Medicaid program to require a State to continue a family's Medicaid eligibility for: (1) six months after the family loses eligibility under part A (Aid to Families with Dependent Children)(AFDC) of title IV of the Act because of increased earnings if the family has received AFDC payments for three of the preceding six months; and (2) for an optional 18 additional months if the family has received the entire six months of extended Medicaid coverage . Terminates extended medicaid coverage if the family ceases to include a dependent child. Authorizes States to provide the extended Medicaid coverage by paying a family's: (1) expenses for health insurance offered by the caretaker relative's or absent parent's employer; or (2) premium and enrollment costs, during the 18-month extension period, for coverage under a group health plan offered to the caretaker relative, a group health plan offered by the State to its employees, or a health maintenance organization. Requires States offering such alternative coverage to pay, in addition to the premium and enrollment costs for such coverage, any other cost sharing amounts for pregnancy services and ambulatory preventive pediatric care for children born on or after September 30, 1985. Terminates the 18-month extension period if a family's earnings exceed 185 percent of the Federal poverty level or the caretaker relative has no earnings for a month due to his or her voluntary loss of employment without good cause. Authorizes States to impose a premium on families receiving the 18 months of extended coverage, but prohibits its exceeding ten percent of the amount by which a family's earnings exceed minimum monthly wage earnings. Requires States to extend Medicaid coverage for six months to families who lose family support supplement eligibility as the result of the collection or increased collection of child or spousal support under part D (Child Support and Establishment of Paternity) of title IV of the Act if the family has received supplement payments for three of the preceding six months. Part 4: Inflation Adjustment for Territories and Miscellaneous Provisions - Amends part A (General Provisions) of title XI of the Act to increase the maximum amount of annual Medicaid payments that may be made to Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands, and American Samoa. Amends the Medicaid program to make it clear that: (1) Medicaid clinic services include services furnished by clinic personnel to the homeless outside the clinic; (2) Medicaid physician services include services furnished by dentists. Requires each State to specify which hospitals in the State serve a disproportionate number of low-income patients with special needs and increase the rate or amount of Medicaid payments for such services. Sets forth the criteria for determining whether a hospital serves a disproportionate share of low-income patients, including the requirement that such hospitals have at least two obstetricians on staff who have agreed to serve Medicaid beneficiaries. Treats a department of the New Jersey government as a legal public entity which, after an appropriate arrangement with the Secretary, shall be considered a qualified health maintenance organization for purposes of the minimum enrollment period and restrictions on the termination of enrollment without cause. States that Medicaid payments for inpatient hospital services or skilled nursing or intermediate care facility services shall not be limited by the Secretary to the amount which would be paid for such services under the Medicare program. Sets forth technical and miscellaneous amendments.
United States · United States Congress · 5 August 1987
Amends the Congressional Budget Act of 1974 to provide for a reduction in the pay of Members of Congress if the Congress fails to complete action on a concurrent resolution on the budget. Makes it out of order to consider the legislative branch appropriation bill if the level of funding in such bill exceeds 90 percent of such funding for the preceding fiscal year and if by October 1 the Congress has not adopted a balanced budget. Makes this Act effective for fiscal years beginning after September 30, 1991.
United States · United States Congress · 29 July 1987
Establishes a two-year budget cycle for the programs and activities of the Social Security Administration of the Department of Health and Human Services. Directs the Secretary of Health and Human Services to report to specified congressional committees by April 1, 1990, regarding the operation of such two-year budget cycle and plans for, and impediments to, operating other programs under the jurisdiction of the Secretary on a two-year budget cycle.
United States · United States Congress · 22 July 1987
Federal Capital Budget Act of 1987 - Requires the budget submitted by the President to be a unified budget composed of a separate capital budget (representing only the major activities, projects, and programs which support the acquisition, construction, and rehabilitation of capital assets) and a separate operating budget (representing all other activities, projects, and programs). Sets forth informational requirements with respect to the unified budget. Requires the Comptroller General to review implementation of this Act and to report to the Congress on the appropriateness of the $500,000 threshold for classifying items under the capital budget section of the unified budget.
United States · United States Congress · 15 July 1987
Title I: Temporary Extension of Public Debt Limit - Increases the public debt limit (until September 30, 1987) to $2,358,000,000,000. Title II: Budget Process Reform - Amends the Congressional Budget and Impoundment Control Act of 1974 to increase the permissible maximum deficit amounts for FY 1987 through 1990. Extends for one year the expiration date of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Title III: Economic Summit - Expresses the sense of the Congress that the President, together with the bipartisan leadership of the Senate and House of Representatives, should convene a domestic economic summit conference to address the dangerous economic situation which is created by large deficits and the ineffectual budget process. Directs the conference to report its recommendations for solutions to budgetary issues and budget process reforms to the Congress and the President.
United States · United States Congress · 15 July 1987
Amends the Congressional Budget Act of 1974 to provide that if, by April 15 of the calendar year in which the fiscal year begins, the Congress fails to adopt a concurrent resolution on the budget for such fiscal year, then (unless and until the Congress adopts such a resolution for such fiscal year) the most recently agreed to concurrent resolution on the budget shall govern for purposes of committee allocations and new budget authority points of order.
United States · United States Congress · 1 July 1987
Waives certain requirements of the Congressional Budget Act of 1974 with respect to the consideration of S. 1184 (airport and aviation programs).
United States · United States Congress · 23 June 1987
Increases the public debt limit to $2,565,100,000,000.
United States · United States Congress · 18 June 1987
Waives points of order against the consideration of the conference report on H. Con. Res. 93 (congressional budget).
United States · United States Congress · 17 June 1987
Constitutional Amendment - Requires the Congress and the President, prior to each fiscal year, to agree, by enactment of a joint resolution, on an estimate of total receipts for that fiscal year. Prohibits outlays for that year from exceeding such estimated receipts unless the Congress, by a three-fifths rollcall vote of each House, provides for a specific excess of outlays over receipts. Requires the Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of such excess in the ensuing fiscal year. Requires a three-fifths rollcall vote of each House to increase the public debt. Directs the President to submit to the Congress a proposed budget for each fiscal year in which total outlays do not exceed total receipts. Requires the approval by a majority of the total membership of each House by rollcall vote before any bill to increase revenue may become law. Waives this article for any fiscal year in which a declaration of war is in effect. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing and total outlays shall include all outlays of the United States except those for repayment of debt principal.
United States · United States Congress · 17 June 1987
Constitutional Amendment - Requires the Congress and the President, prior to each fiscal year, to agree, by enactment of a joint resolution, on an estimate of total receipts for that fiscal year. Prohibits outlays for that year from exceeding such estimated receipts unless the Congress, by a three-fifths rollcall vote of each House, provides for a specific excess of outlays over receipts. Requires the Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of such excess in the ensuing fiscal year. Requires a three-fifths rollcall vote of each House to increase the public debt. Directs the President to submit to the Congress a proposed budget for each fiscal year in which total outlays do not exceed total receipts. Requires the approval by a majority of the total membership of each House by rollcall vote before any bill to increase revenue may become law. Waives this article for any fiscal year in which a declaration of war is in effect. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing, and total outlays shall include all outlays of the United States, except those for repayment of debt principal.
United States · United States Congress · 17 June 1987
Provides that for the purposes of the Congressional Budget Act of 1974 as it applies to the House of Representatives, the Congress shall be considered to have adopted H. Con. Res. 93 (setting forth the congressional budget for FY 1988 through 1990) as passed by the House. Declares that for the purposes of this resolution, the allocations of budget authority and new entitlement authority printed in the Congressional Record of June 18, 1987, by Representative Gray of Pennsylvania shall be considered as allocations made pursuant to such Act. Requires House committees to submit their recommendations to the House Committee on the Budget by July 28, 1987. Terminates applicability of this resolution upon final adoption by the House and the Senate of a concurrent resolution for the applicable fiscal years.
United States · United States Congress · 30 April 1987
Amends the Railroad Retirement Act of 1974 to remove specified accounts related to railroad retirement funds, taxes, and revenues from inclusion in the Federal budget totals submitted by the President or the Congress, and to exempt such accounts from any general budget limitation imposed by law on Federal expenditures and net lending (budget outlays). Amends the Railroad Unemployment Insurance Act to prohibit from inclusion in the Federal budget totals submitted by the President or the Congress certain railroad unemployment insurance accounts, taxes, and funds, and to exempt them from any general statutory budget limitations imposed upon Federal expenditures and budget outlays. Amends the Railroad Retirement Act of 1974 to direct the Railroad Retirement Board (the Board) to submit an annual budget program to the Office of Management and Budget which shall include separate statements of the Board's requested appropriations. Directs the President to include such requested amounts (without revision) in the budget transmitted to the Congress. Amends the Railroad Retirement Act of 1974 and the Railroad Unemployment Insurance Act to provide that the Board's authority to determine the number of individuals it shall employ shall not be subject to review by other Federal administrative or accounting personnel. Precludes regulations promulgated by the Board from being subject to review by other Federal administrative or accounting personnel.
United States · United States Congress · 30 April 1987
Budget Process Reform Amendments of 1987 - Title I: Amendments to House Rules - Amends the Rules of the House of Representatives to require, for the consideration of any resolution reported from the Committee on Rules which waives any provision of the Congressional Budget Act of 1974, that the Committee report contain explanations, justifications, and cost estimates of the provisions to which each such waiver applies. Requires a separate vote on each such waiver. Prohibits the inclusion of extraneous matters in reconciliation measures. Limits the spending levels for short-term continuing appropriations measures (those effective for 30-days or less). Subjects long-term continuing appropriations measures to the same prohibitions on legislation and unauthorized provisions that apply to general appropriations bills. Requires a three-fifths' vote of the House to waive points of order against provisions in a continuing resolution not previously adopted by the House. Title II: Budget Act Amendments - Extends the point of order prohibiting the consideration of legislation that exceeds various spending limits to include budget outlays. Prohibits the consideration of any appropriations bills until all appropriations bills are reported from the Committee on Appropriations. Amends the Impoundment Control Act of 1974 to grant the President special rescission authority over long-term continuing appropriations measures that cover two or more regular appropriations bills. Title III: Restoration of Automatic Sequestration - Deficit Reduction Commission Act of 1987 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish the Commission on Deficit Reduction which shall: (1) review and consider reports issued by the Director of the Office of Management and Budget and the Director of the Congressional Budget Office under such Act; (2) issue reports to the President and the Congress estimating the budget base levels of total revenues and total budget outlays for each fiscal year; (3) state whether there is a deficit for each fiscal year in excess of the permissible maximum deficit amount; (4) specify the amounts by which the deficit must be reduced to eliminate such excess deficit; and (5) perform other responsibilities required of the Commission under such Act. (Substitutes the Commission for the Comptroller General in the sequestration process.) Terminates the Commission on September 30, 1991.
United States · United States Congress · 15 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 through 1991. Sets forth the levels and amounts of Federal revenues, budget outlays, and deficits for FY 1988 through 1991 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenue of $659,900,000,000 for FY 1988, $700,400,000,000 for FY 1989, $764,100,000,000 for FY 1990, and $828,000,000,000 for FY 1991. Sets the amount by which the aggregate levels of Federal revenues should be increased at $0 for FY 1988, $0 for FY 1989, $0 for FY 1990, and $0 for 1991. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,900,000,000 for FY 1989; (3) $68,900,000,000 for FY 1990; and $74,300,000,000 for FY 1991. Sets the appropriate levels of total new budget authority at $842,00,000,000 for FY 1988, $889,100,000,000 for FY 1989, $926,000,000,000 for FY 1990, and $985,400,000,000 for FY 1991. States that the appropriate levels of total budget outlays are $804,500,000,000 for FY 1988, $825,100,000,000 for FY 1989, $854,100,000,000 for FY 1990, and $887,300,000,000 for FY 1991. Sets the amount of the deficit at $144,600,000,000 for FY 1988, $122,700,000,000 for FY 1989, $190,000,000,000 for FY 1990, and $59,300,000,000 for FY 1991. States that the appropriate levels of the public debt shall be $2,561,100,000,000 for FY 1988, $2,750,100,000,000 for FY 1989, $2,903,600,000,000 for FY 1990, and $3,025,700,000,000 for FY 1991. States that the amounts by which statutory limits on such debt should be increased are as follows: (1) $207,300,000,000 for FY 1988; (2) $189,000,000,000 for FY 1989; (3) $153,500,000,000 for FY 1990; and (4) $122,100,000,000 for FY 1991. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $29,400,000,000 for new direct loan obligations, $131,100,000,000 for new primary loan guarantee commitments, and $100,500,000,000 for new secondary loan guarantee commitments for FY 1988; (2) $31,800,000,000 for new direct loan obligations, $140,900,000,000 for new primary loan guarantee commitments, and $97,800,000,000 for new secondary loan guarantee commitments for FY 1989; (3) $31,100,000,000 for new direct loan obligations, $147,300,000,000 for new primary loan guarantee commitments, and $94,500,000,000 for new secondary loan guarantee commitments for FY 1990; and (4) $30,600,000,000 for new direct loan obligations, $154,300,000,000 for new primary loan guarantee commitments, and $90,900,000,000 for new secondary loan guarantee commitments for FY 1991. Sets forth the levels of budget authority, budget outlays, new direct obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for each major functional category for FY 1988 through 1991. Requires the following Senate Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture, Nutrition, and Forestry; (2) Armed Services; (3) Banking, Housing, and Urban Affairs; (4) Commerce, Science, and Transportation; (5) Energy and Natural Resources; (6) Environment and Public Works; (7) Finance; (8) Governmental Affairs; (9) Labor and Human Resources; and (10) Veterans' Affairs. Requires the following House Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture; (2) Armed Services; (3) Banking, Finance and Urban Affairs; (4) Education and Labor; (5) Energy and Commerce; (6) Government Operations; (7) Interior and Insular Affairs; (8) Post Office and Civil Service; (9) Veterans' Affairs; and (10) Ways and Means. Directs the Senate Committee on Finance and the House Committee on Ways and Means to report changes in laws within the jurisdiction of such committees which are sufficient to increase revenues by specified amounts in FY 1988 through 1991. Directs the Budget Committees to report a reconciliation bill or resolution carrying out all such recommendations without substantive revision. Expresses the sense of the Congress that: (1) the Committee on Finance of the Senate and the Committee on Ways and Means of the House shall report legislation to establish a deficit reduction account in the Treasury; and (2) the Government, generally, should sell assets to non-governmental buyers but recommends no sales specifically. Describes the budgetary treatment of legislation authorizing the prepayment of certain loans. Establishes a reserve fund for FY 1988 through 1991 for: (1) the child care and job training initiative; and (2) the Medicare catastrophic health insurance initiative.
United States · United States Congress · 15 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 through 1991. Sets forth the levels and amounts of Federal revenues, budget outlays, and deficits for FY 1988 through 1991 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenue of $678,400,000,000 for FY 1988, $723,900,000,000 for FY 1989, $787,600,000,000 for FY 1990, and $860,500,000,000 for FY 1991. Sets the amount by which the aggregate levels of Federal revenues should be increased at $18,500,000,000 for FY 1988, $23,500,000,000 for FY 1989, $23,500,000,000 for FY 1990, and $32.500,000,000 for FY 1989, $23,500,000,000 for FY 1990, and $32,500,000,000 for FY 1991. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,900,000,000 for FY 1989; (3) $68,900,000,000 for FY 1990; and $74,300,000,000 for FY 1991. Sets the appropriate levels of total new budget authority at $917,100,000,000 for FY 1988, $958,800,000,000 for FY 1989, $983,100,000,000 for FY 1990, and $1,031,800,000,000 for FY 1991. States that the appropriate levels of total budget outlays are $848,000,000,000 for FY 1988, $876,500,000,000 for FY 1989, $903,600,000,000 for FY 1990, and $928,800,000,000 for FY 1991. Sets the amount of the deficit at $169,600,000,000 for FY 1988, $152,600,000,000 for FY 1989, $116,000,000,000 for FY 1990, and $68,300,000,000 for FY 1991. States that the appropriate levels of the public debt shall be $2,585,800,000,000 for FY 1988, $2,805,500,000,000 for FY 1989, $2,986,700,000,000 for FY 1990, and $3,120,200,000,000 for FY 1991. States that the amounts by which statutory limits on such debt should be increased are as follows: (1) $232,000,000,000 for FY 1988; (2) $219,700,000,000 for FY 1989; (3) $181,200,000,000 for FY 1990; and (4) $133,500,000,000 for FY 1991. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $34,000,000,000 for new direct loan obligations, $156,500,000,000 for new primary loan guarantee commitments, and $100,600,000,000 for new secondary loan guarantee commitments for FY 1988; (2) $32,300,000,000 for new direct loan obligations, $150,400,000,000 for new primary loan guarantee commitments, and $97,900,000,000 for new secondary loan guarantee commitments for FY 1989; (3) $31,000,000,000 for new direct loan obligations, $158,100,000,000 for new primary loan guarantee commitments, and $94,600,000,000 for new secondary loan guarantee commitments for FY 1990; and (4) $30,100,000,000 for new direct loan obligations, $165,400,000,000 for new primary loan guarantee commitments, and $91,000,000,000 for new secondary loan guarantee commitments for FY 1991. Sets forth the levels of budget authority, budget outlays, new direct obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for each major functional category for FY 1988 through 1991. Requires the following Senate Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays and, in some cases, increase contributions by specified amounts for FY 1988 through 1991: (1) Agriculture, Nutrition, and Forestry; (2) Armed Services; (3) Banking, Housing, and Urban Affairs; (4) Commerce, Science, and Transportation; (5) Energy and Natural Resources; (6) Environment and Public Works; (7) Finance; (8) Governmental Affairs; (9) Labor and Human Resources; and (10) Veterans' Affairs. Requires the following House Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays and, in some cases, increase contributions by specified amounts for FY 1988 through 1991: (1) Agriculture; (2) Armed Services; (3) Banking, Finance and Urban Affairs; (4) Education and Labor; (5) Energy and Commerce; (6) Government Operations; (7) Interior and Insular Affairs; (8) Post Office and Civil Service; (9) Veterans' Affairs; and (10) Ways and Means. Directs the Senate Committee on Finance and the House Committee on Ways and Means to report changes in laws within the jurisdiction of such committees which are sufficient to increase revenues by specified amounts in FY 1988 through 1991. Directs the Budget Committees to report a reconciliation bill or resolution carrying out all such recommendations without substantive revision. Expresses the sense of the Congress that: (1) the Committee on Finance of the Senate and the Committee on Ways and Means of the House shall report legislation to establish a deficit reduction account in the Treasury; and (2) the Government, generally, should sell assets to non-governmental buyers but recommends no sales specifically. Describes the budgetary treatment of legislation authorizing the prepayment of certain loans. Establishes a reserve fund for FY 1988 through 1991 for: (1) the child care and job training initiative; and (2) the Medicare catastrophic health insurance initiative.
United States · United States Congress · 15 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 through 1991. Sets forth the levels and amounts of Federal revenues, budget outlays, and deficits for FY 1988 through 1991 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenue of $664,500,000,000 for FY 1988, $707,000,000,000 for FY 1989, $771,200,000,000 for FY 1990, and $835,300,000,000 for FY 1991. Sets the amount by which the aggregate levels of Federal revenues should be increased at $4,600,000,000 for FY 1988, $6,600,000,000 for FY 1989, $7,100,000,000 for FY 1990, and $7,300,000,000 for 1991. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,800,000,000 for FY 1988; (2) $64,000,000,000 for FY 1989; (3) $69,100,000,000 for FY 1990; and $74,400,000,000 for FY 1991. Sets the appropriate levels of total new budget authority at $912,200,000,000 for FY 1988, $963,300,000,000 for FY 1989, $1,007,300,000,000 for FY 1990, and $1,053,300,000,000 for FY 1991. States that the appropriate levels of total budget outlays are $835,000,000,000 for FY 1988, $871,400,000,000 for FY 1989, $909,300,000,000 for FY 1990, and $941,700,000,000 for FY 1991. Sets the amount of the deficit at $170,500,000,000 for FY 1988, $164,400,000,000 for FY 1989, $138,100,000,000 for FY 1990, and $106,400,000,000 for FY 1991. States that the appropriate levels of the public debt shall be $2,590,700,000,000 for FY 1988, $2,827,000,000,000 for FY 1989, $3,037,500,000,000 for FY 1990, and $3,218,900,000,000 for FY 1991. States that the amounts by which statutory limits on such debt should be increased are as follows: (1) $236,300,000,000 for FY 1988; (2) $236,300,000,000 for FY 1989; (3) $210,500,000,000 for FY 1990; and (4) $181,400,000,000 for FY 1991. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $31,000,000,000 for new direct loan obligations, $118,400,000,000 for new primary loan guarantee commitments, and $100,200,000,000 for new secondary loan guarantee commitments for FY 1988; (2) $27,700,000,000 for new direct loan obligations, $112,900,000,000 for new primary loan guarantee commitments, and $100,000,000,000 for new secondary loan guarantee commitments for FY 1989; (3) $25,500,000,000 for new direct loan obligations, $117,800,000,000 for new primary loan guarantee commitments, and $100,000,000,000 for new secondary loan guarantee commitments for FY 1990; and (4) $24,200,000,000 for new direct loan obligations, $123,000,000,000 for new primary loan guarantee commitments, and $100,000,000,000 for new secondary loan guarantee commitments for FY 1991. Sets forth the levels of budget authority, budget outlays, new direct obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for each major functional category for FY 1988 through 1991. Requires the following Senate Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture, Nutrition, and Forestry; (2) Armed Services; (3) Banking, Housing, and Urban Affairs; (4) Commerce, Science, and Transportation; (5) Energy and Natural Resources; (6) Environment and Public Works; (7) Finance; (8) Governmental Affairs; (9) Labor and Human Resources; (10) Small Business; and (11) Veterans' Affairs. Requires the following House Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture; (2) Armed Services; (3) Banking, Finance and Urban Affairs; (4) Education and Labor; (5) Energy and Commerce; (6) Government Operations; (7) Interior and Insular Affairs; (8) Merchant Marine and Fisheries; (9) Post Office and Civil Service; (10) Public Works and Transportation; (11) Small Business; (12) Veterans' Affairs; and (13) Ways and Means. Directs the Senate Committee on Finance and the House Committee on Ways and Means to report changes in laws within the jurisdiction of such committees which are sufficient to increase revenues by specified amounts in FY 1988 through 1991. Requires the Senate Committee on Labor and Human Resources, the Senate Committee on Small Business, the House Committee on Education and Labor, and the House Committee on Small Business to report changes in laws within the jurisdiction of such committees which provide credit authority (as defined in the Congressional Budget and Impoundment Control Act of 1974) sufficient to reduce direct loan obligations by a specified amount in FY 1988 through 1991. Directs the Budget Committees to report a reconciliation bill or resolution carrying out all such recommendations without substantive revision.
United States · United States Congress · 15 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 through 1991. Sets forth the levels and amounts of Federal revenues, budget outlays, and deficits for FY 1988 through 1991 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenue of $693,600,000,000 for FY 1988, $787,200,000,000 for FY 1989, $856,300,000,000 for FY 1990, and $914,200,000,000 for FY 1991. Sets the amount by which the aggregate levels of Federal revenues should be increased at $33,700,000,000 for FY 1988, $86,800,000,000 for FY 1989, $92,200,000,000 for FY 1990, and $86,200,000,000 for FY 1991. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,900,000,000 for FY 1989; (3) $68,900,000,000 for FY 1990; and $74,300,000,000 for FY 1991. Sets the appropriate levels of total new budget authority at $920,900,000,000 for FY 1988, $978,400,000,000 for FY 1989, $1,020,100,000,000 for FY 1990, and $1,084,800,000,000 for FY 1991. States that the appropriate levels of total budget outlays are $839,400,000,000 for FY 1988, $889,700,000,000 for FY 1989, $930,700,000,000 for FY 1990, and $970,300,000,000 for FY 1991. Sets the amount of the deficit at $145,800,000,000 for FY 1988, $102,500,000,000 for FY 1989, $74,400,000,000 for FY 1990, and $56,100,000,000 for FY 1991. States that the appropriate levels of the public debt shall be $2,562,300,000,000 for FY 1988, $2,732,400,000,000 for FY 1989, $2,872,600,000,000 for FY 1990, and $2,995,300,000,000 for FY 1991. States that the amounts by which statutory limits on such debt should be increased are as follows: (1) $208,500,000,000 for FY 1988; (2) $170,200,000,000 for FY 1989; (3) $140,200,000,000 for FY 1990; and (4) $122,700,000,000 for FY 1991. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $34,200,000,000 for new direct loan obligations, $153,000,000,000 for new primary loan guarantee commitments, and $100,000,000,000 for new secondary loan guarantee commitments for FY 1988; (2) $33,200,000,000 for new direct loan obligations, $147,000,000,000 for new primary loan guarantee commitments, and $97,900,000,000 for new secondary loan guarantee commitments for FY 1989; (3) $37,500,000,000 for new direct loan obligations, $154,700,000,000 for new primary loan guarantee commitments, and $94,600,000,000 for new secondary loan guarantee commitments for FY 1990; and (4) $32,200,000,000 for new direct loan obligations, $162,100,000,000 for new primary loan guarantee commitments, and $91,000,000,000 for new secondary loan guarantee commitments for FY 1991. Sets forth the levels of budget authority, budget outlays, new direct obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for each major functional category for FY 1988 through 1991. Requires the following Senate Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture, Nutrition, and Forestry; (2) Armed Services; (3) Energy and Natural Resources; (4) Finance; (5) Governmental Affairs; and (6) Small Business. Requires the following House Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget authority and outlays by specified amounts for FY 1988 through 1991: (1) Agriculture; (2) Armed Services; (3) Energy and Commerce; (4) Government Operations; (5) Interior and Insular Affairs; (6) Small Business; and (7) Ways and Means. Directs the Senate Committee on Finance and the House Committee on Ways and Means to report changes in laws within the jurisdiction of such committees which are sufficient to increase revenues by specified amounts in FY 1988 through 1991. Expresses the sense of the Congress that the Government shall sell loan assets producing specified net proceeds for FY 1988 through 1991.
United States · United States Congress · 10 April 1987
Amends the Congressional Budget Act of 1974 to require any concurrent budget resolution that contains reconciliation directives to include a directive with respect to increases in the statutory limit on the public debt. Declares that it shall not be in order in the Senate to consider legislation that increases the statutory limit on the public debt during a fiscal year above the level set forth for such fiscal year in the concurrent budget resolution agreed to for that year. Excepts from such point of order any reconciliation bill or resolution that increases the statutory limit on the public debt effective on or after the first day of the following fiscal year.
United States · United States Congress · 9 April 1987
Amends the Omnibus Budget Reconciliation Act of 1986 to delay for one year implementation of the periodic interim payment system for inpatient services provided by hospitals under title XVIII (Medicare) of the Social Security Act.
United States · United States Congress · 9 April 1987
Requires the President to include with the annual Federal budget submitted to the Congress another budget prepared by the Board of Governors of the Federal Reserve System showing estimated receipts and expenditures for itself and all Federal Reserve banks for the next three fiscal years.
United States · United States Congress · 9 April 1987
Expresses the sense of the House of Representatives that an adequate level of funding should be authorized for vocational education programs for FY 1988 and that funds should not be rescinded from the 1987 appropriation for basic vocational education grants.
United States · United States Congress · 8 April 1987
Constitutional Amendment - Requires a two-thirds vote of both Houses of the Congress to pass any concurrent resolution on the budget which carries a deficit.
United States · United States Congress · 8 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 and 1990. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1988 through 1990 for purposes of determining whether the maximum defict amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $672,000,000,000 for FY 1988, $712,000,000,000 for FY 1989, and $776,700,000,000 for 1990. Sets the amount by which the aggregate levels of Federal revenues should be increased at $12,000,000,000 for FY 1988, $11,600,000,000 for FY 1989, and $12,600,000,000 for FY 1990. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,900,000,000 for FY 1989; and $68,900,000,000 for FY 1990. Sets the appropriate levels of total new budget authority at $902,700,000,000 for FY 1988, $957,400,000,000 for FY 1989, and $995,700,000,000 for FY 1990. States that the appropriate levels of total budget outlays are $836,100,000,000 for FY 1988, $875,500,000,000 for FY 1989, and $914,900,000,000 for FY 1990. Sets the amount of the deficit at $164,400,000,000 for FY 1988, $163,500,000,000 for FY 1989, and $138,200,000,000 for FY 1990. Sets the appropriate levels of the public debt at $2,580,400,000,000 for FY 1988, $2,810,900,000,000 for FY 1989, and $3,014,000,000,000 for FY 1990. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $33,205,303,000 for new direct loan obligations and $149,583,221,000 for new primary loan guarantee commitments for FY 1988; (2) $31,907,373,000 for new direct loan obligations and $150,748,217,000 for new primary loan guarantee commitments for FY 1989; and (3) $30,617,576,000 for new direct loan obligations and $158,306,087,000 for new primary loan guarantee commitments for FY 1990. Sets forth the levels of budget authority, budget outlays, new direct obligations, and new primary loan guarantee commitments for each major functional category for FY 1988 through 1990. Requires all standing committees of the House of Representatives to make recommendations for FY 1988 for programs within their jurisdiction necessary to carry out proposed reductions in the deficit of $30,000,000,000 and submit such recommendations to the House Budget Committee. Directs the House Committee on Ways and Means to report changes in the law within the jurisdiction of that committee sufficient to increase revenues in FY 1988 by $12,000,000,000 and submit its recommendations to the House Budget Committee. Requires the House Committee on Government Operations to recommend proposed legislation to eliminate any constitutional defects in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Directs the Committee on the Budget to report to the House a reconciliation bill or resolution carrying out such recommendations. Directs the Congressional Budget Office to review such recommendations.
United States · United States Congress · 7 April 1987
Amends the Congressional Budget Act of 1974 to provide that it shall not be in order for either House of Congress to consider any legislation which would impose any requirement on State or local governments which is likely to result in an annual cost to such governments of $50,000,000 or more for any particular program, project, or activity, except for legislation which complies with any sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Requires the report of the Committee on the Budget of each House accompanying the concurrent resolution on the budget to identify changes in Federal aid programs for State and local governments on a program-by-program basis.
United States · United States Congress · 7 April 1987
Freezes all spending in the Federal budget at FY 1987 levels beginning with FY 1988. Permits increased spending in any program only if such spending is wholly offset by equivalent increases in revenue or reductions in spending in other programs. Amends the Congressional Budget and Impoundment Control Act of 1974 to exclude revenues and outlays for the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund in the Federal deficit determinations for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
United States · United States Congress · 7 April 1987
Sets forth the rule for the consideration of H. Con. Res. 93 (congressional budget).
United States · United States Congress · 7 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 and 1990. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1988 through 1990 for purposes of determining whether the maximum defict amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $673,200,000,000 for FY 1988, $705,400,000,000 for FY 1989, and $753,700,000,000 for 1990. Sets the amount by which the aggregate levels of Federal revenues should be increased at $4,500,000,000 for FY 1988, $0 for FY 1989, and $0 for FY 1990. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $60,150,000,000 for FY 1988; (2) $64,250,000,000 for FY 1989; and $68,350,000,000 for FY 1990. Sets the appropriate levels of total new budget authority at $866,400,000,000 for FY 1988, $914,400,000,000 for FY 1989, and $969,200,000,000 for FY 1990. States that the appropriate levels of total budget outlays are $817,900,000,000 for FY 1988, $849,600,000,000 for FY 1989, and $882,100,000,000 for FY 1990. Sets the amount of the deficit at $144,700,000,000 for FY 1988, $144,200,000,000 for FY 1989, and $128,400,000,000 for FY 1990. Sets the appropriate levels of the public debt at $2,427,600,000,000 for FY 1988, $2,528,500,000,000 for FY 1989, and $2,599,900,000,000 for FY 1990. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $35,860,000,000 for new direct loan obligations and $112,700,000,000 for new primary loan guarantee commitments for FY 1988; (2) $33,000,000,000 for new direct loan obligations and $114,200,000,000 for new primary loan guarantee commitments for FY 1989; and (3) $30,790,000,000 for new direct loan obligations and $118,300,000,000 for new primary loan guarantee commitments for FY 1990. Sets forth the levels of budget authority, budget outlays, new direct obligations, and new primary loan guarantee commitments for each major functional category for FY 1988 through 1990. Requires the following House Committees to report changes in laws within their jurisdiction and make recommendations sufficient to reduce budget outlays by a specified amount for each fiscal year: (1) Agriculture; (2) Armed Services; (3) Banking, Finance and Urban Affairs; (4) the District of Columbia; (5) Energy and Commerce; (6) Foreign Affairs; (7) Interior and Insular Affairs; (8) Post Office and Civil Service; (9) Public Works and Transportation; (10) Small Business; (11) Veterans' Affairs; and (12) Ways and Means. Directs the Committee on the Budget to report to the House a reconciliation bill or resolution carrying out all such recommendations. Directs the House Committee on Ways and Means to report changes in laws within its jurisdiction sufficient to increase revenues by $4,500,000,000 in FY 1988.
United States · United States Congress · 7 April 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 and 1990. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1988 through 1990 for purposes of determining whether the maximum defict amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $690,350,000,000 for FY 1988, $728,650,000,000 for FY 1989, and $776,000,000,000 for 1990. Sets the amount by which the aggregate levels of Federal revenues should be increased at $19,850,000,000 for FY 1988, $21,950,000,000 for FY 1989, and $23,100,000,000 for FY 1990. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,850,000,000 for FY 1989; and $68,950,000,000 for FY 1990. Sets the appropriate levels of total new budget authority at $901,600,000,000 for FY 1988, $949,250,000,000 for FY 1989, and $973,050,000,000 for FY 1990. States that the appropriate levels of total budget outlays are $833,750,000,000 for FY 1988, $863,800,000,000 for FY 1989, and $886,750,000,000 for FY 1990. Sets the amount of the deficit at $143,400,000,000 for FY 1988, $135,150,000,000 for FY 1989, and $110,750,000,000 for FY 1990. Sets the appropriate levels of the public debt at $2,565,100,000,000 for FY 1988, $2,776,400,000,000 for FY 1989, and $2,996,300,000,000 for FY 1990. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $34,500,000,000 for new direct loan obligations and $148,700,000,000 for new primary loan guarantee commitments for FY 1988; (2) $33,800,000,000 for new direct loan obligations and $150,150,000,000 for new primary loan guarantee commitments for FY 1989; and (3) $33,000,000,000 for new direct loan obligations and $158,000,000,000 for new primary loan guarantee commitments for FY 1990. Sets forth the levels of budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for each major functional category for FY 1988 through 1990. Requires the following House committees to report changes in laws within their jurisdiction and make recommendations which provide spending authority sufficient to achieve specified savings in budget authority and outlays in FY 1988, 1989, and 1990: (1) Agriculture; (2) Banking, Finance, and Urban Affairs; (3) Education and Labor; (4) Energy and Commerce; (5) Interior and Insular Affairs; (6) Merchant Marine and Fisheries; and (7) Ways and Means. Requires the House Committee on Ways and Means to report changes in laws within the jurisdiction of that committee sufficient to increase revenues by $18,000,000,000 in FY 1988, $19,000,000,000 in FY 1989, and $20,000,000,000 in FY 1990. Directs the Committee on the Budget to report to the House of Representatives a reconciliation bill or resolution to carry out all such recommendations. Requires certain revenues increased through legislation in FY 1988 through 1990 to be used solely for the purpose of reducing the Federal deficit. Directs the President to establish a deficit reduction account in the Treasury.
United States · United States Congress · 2 April 1987
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt the Pell grant higher education assistance program from reduction pursuant to a sequestration order.
United States · United States Congress · 31 March 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 and 1990. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1988 through 1990 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $659,900,000,000 for FY 1988, $700,400,000,000 for FY 1989, and $764,100,000,000 for 1990. Sets the amount by which the aggregate levels of Federal revenues should be increased at $0 for FY 1988, $0 for FY 1989, and $0 for FY 1990. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $59,700,000,000 for FY 1988; (2) $63,850,000,000 for FY 1989; and $68,950,000,000 for FY 1990. Sets the appropriate levels of total new budget authority at $842,600,000,000 for FY 1988, $889,100,000,000 for FY 1989, and $926,000,000,000 for FY 1990. States that the appropriate levels of total budget outlays are $804,500,000,000 for FY 1988, $819,000,000,000 for FY 1989, and $854,100,000,000 for FY 1990. Sets the amount of the deficit at $144,600,000,000 for FY 1988, $118,600,000,000 for FY 1989, and $90,000,000,000 for FY 1990. Sets the appropriate levels of the public debt at $2,558,050,000,000 for FY 1988, $2,758,600,000,000 for FY 1989, and $2,932,400,000,000 for FY 1990. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $29,400,000,000 for new direct loan obligations and $131,100,000,000 for new primary loan guarantee commitments for FY 1988; (2) $24,600,000,000 for new direct loan obligations and $107,500,000,000 for new primary loan guarantee commitments for FY 1989; and (3) $20,800,000,000 for new direct loan obligations and $86,900,000,000 for new primary loan guarantee commitments for FY 1990. Sets forth the levels of budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for each major functional category for FY 1988 through 1990. Requires House and Senate committees to: (1) submit recommendations to eliminate the full amount of the deficit excess for FY 1988; and (2) report changes in the law within their jurisdictions which provide spending authority sufficient to reduce budget authority and outlays. Requires the Committees on the Budget of the House and Senate to report to the House and Senate a reconciliation bill or resolution carrying out such recommendations.
United States · United States Congress · 31 March 1987
Sets forth the concurrent resolution on the budget for FY 1988 and the appropriate budgetary levels for FY 1989 and 1990. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1988 through 1990 for purposes of determining whether the maximum defict amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $674,450,000,000 for FY 1988, $712,800,000,000 for FY 1989, and $761,650,000,000 for 1990. Sets the amount by which the aggregate levels of Federal revenues should be increased at $6,100,000,000 for FY 1988, $8,000,000,000 for FY 1989, and $8,600,000,000 for FY 1990. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $61,650,000,000 for FY 1988; (2) $66,500,000,000 for FY 1989; and $71,050,000,000 for FY 1990. Sets the appropriate levels of total new budget authority at $900,100,000,000 for FY 1988, $948,200,000,000 for FY 1989, and $985,200,000,000 for FY 1990. States that the appropriate levels of total budget outlays are $821,900,000,000 for FY 1988, $857,300,000,000 for FY 1989, and $885,400,000,000 for FY 1990. Sets the amount of the deficit at $147,400,000,000 for FY 1988, $144,500,000,000 for FY 1989, and $123,800,000,000 for FY 1990. Sets the appropriate levels of the public debt at $2,573,000,000,000 for FY 1988, $2,790,800,000,000 for FY 1989, and $2,986,700,000,000 for FY 1990. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $27,150,000,000 for new direct loan obligations and $128,350,000,000 for new primary loan guarantee commitments for FY 1988; (2) $23,150,000,000 for new direct loan obligations and $129,500,000,000 for new primary loan guarantee commitments for FY 1989; and (3) $22,100,000,000 for new direct loan obligations and $130,450,000,000 for new primary loan guarantee commitments for FY 1990. Sets forth the levels of budget authority, budget outlays, new direct obligations, and new primary loan guarantee commitments for each major functional category for FY 1988 through 1990. Requires House and Senate committees to: (1) make recommendations for FY 1988, 1989, and 1990 for programs within their jurisdiction to carry out the proposed reductions in the deficit; and (2) report changes in the law within their jurisdiction and make recommendations which provide spending authority sufficient to achieve savings in budget authority and outlays in FY 1988. Requires the Committees on the Budget of the House and the Senate to report to the House and Senate a reconciliation bill or resolution carrying out such recommendations.
United States · United States Congress · 19 March 1987
Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement of receipts and outlays for that year in which total outlays are not greater than total receipts. Permits the Congress, in such statement, to provide for a specific excess of outlays over receipts by a three-fifths vote. Requires the President and the Congress to ensure that actual outlays do not exceed the outlays set forth in such statement. Prohibits total receipts for any fiscal year set forth in such statement from increasing by a rate greater than the increase in national income in the last calendar year, unless a bill directed solely to approving specific additional receipts is enacted. Permits the Congress to waive the provisions of this article with respect to any fiscal year in which a declaration of war is in effect. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing, and total outlays shall include all outlays of the United States, except those for repayment of debt principal.