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Bill· SS. 2122 (102nd)referred
United States · United States Congress · 27 November 1991
Tax Extension Act of 1991 - Title I: 6-Month Extension of Certain Expiring Tax Provisions - Amends the Internal Revenue Code to extend for six months the following expiring provisions: (1) the rules on allocating research and experimental expenditures in determining income from sources within or without the United States; (2) the credit for increasing research activities; (3) the tax exclusion for employer-provided educational assistance; (4) the tax exclusion for employer-provided group legal services plans; (5) the targeted jobs credit; (6) the energy investment credit for solar and geothermal property; (7) the low-income housing credit; (8) the authority to issue mortgage revenue bonds and mortgage credit certificates; (9) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (10) the itemized deduction for health insurance costs of self-employed individuals; (11) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; and (12) the tax credit for charitable contributions of appreciated tangible property. Title II: Modification to Corporate Estimated Tax Provisions - Provides for a temporary increase (taxable years beginning after 1991 and before 1997) in the amount of installment payments in the case of corporations that underpay estimated taxes.
Bill· SS. 2131 (102nd)referred
United States · United States Congress · 27 November 1991
Amends the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 to delete section 618, which provides for the risk-weighting of housing loans for purposes of capital requirements.
Bill· HRH.R. 4070 (102nd)referred
United States · United States Congress · 27 November 1991
International Cooperation Act of 1991 - Title I: Economic Assistance - Amends the Foreign Assistance Act of 1961 to revise policy provisions concerning economic assistance. Sets forth the objectives of U.S. economic cooperation policy and development and economic assistance programs as the: (1) alleviation of poverty through the development of human resources; (2) promotion of broad-based economic growth; (3) improved environmental, natural resource, and agricultural management to achieve environmentally and economically sustainable patterns of development; and (4) promotion of democracy, respect for human rights, and political, social, and economic pluralism. Authorizes appropriations for FY 1992 and 1993 for development assistance. Declares that the Administrator of the agency primarily responsible for administering this title (administering agency) should target a specified amount of such funding for agriculture, rural development, and nutrition assistance. Authorizes appropriations for FY 1992 and 1993 for population planning, health, education, and human resources assistance. Declares that the Administrator should target specified amounts of human resource development funding for child survival activities and for the prevention and control of acquired immune deficiency syndrome (AIDS). Repeals provisions concerning contributions to the International Fund for Agricultural Development. Permits funds authorized to be appropriated for human resources development to be used for assistance to meet the needs of individuals with disabilities and displaced children who have been abandoned or orphaned as a result of poverty or disasters. Authorizes the use of agriculture, rural development, and nutrition assistance for strengthening and expanding marine fisheries and aquaculture programs. Provides that funds made available for family planning projects shall be available only for projects which offer a broad range of family planning methods and services. Authorizes the President to furnish assistance for the prevention and control of AIDS. Revises provisions concerning private sector, environment, energy, and other development assistance. States that Appropriate Technology International qualifies for U.S. development assistance. Declares that a specified amount of economic support assistance should be made available for such organization. Authorizes assistance to be provided to developing countries to support private sector activities meeting specified criteria. Permits the President to issue guarantees assuring against losses incurred in connection with loans made for such activities. Sets forth terms and conditions for such guarantees. Authorizes the President to make direct loans for such activities, subject to certain conditions. Establishes ceilings for direct loans and for contingent liability for guarantees. Authorizes appropriations for FY 1992 and 1993. Declares that beneficiary countries should bear a share of the costs of development assistance programs under this Act. Requires the Administrator to ensure that: (1) development assistance activities incorporate the active participation of local women; (2) sex-disaggregated data is included in country development strategy statements for major sectors in which assistance is to be provided and in project papers and program assistance approval documents; (3) programs are designed so that the percentage of women who benefit from such assistance exceeds the approximate transitional level of participation of women in the sector for which assistance is being provided; and (4) program assistance evaluations include an assessment of the extent to which women are participating in the activity and the impact of the activity on the self-reliance of women and improvement of their incomes. Requires a specified amount to be made available each fiscal year as matching funds to support activities of the missions of the agency which demonstrate potential for integrating women into programs. Increases the percentage of funds to be made available or channeled for each fiscal year (currently, FY 1986 through 1989) to private and voluntary organizations for specified development activities. Authorizes the Administrator to support and encourage development education programs. Requires the Administrator to establish a program performance evaluation capacity to: (1) develop a program performance information system to afford the administering agency's managers a means for monitoring achievement of impact and interim performance of the agency's major programs; (2) prepare and disseminate reports on the agency's progress in meeting development objectives for major assistance categories and recipient countries; (3) strengthen the implementation of foreign assistance projects; and (4) coordinate with the Inspector General of such agency to ensure complementarity of efforts. Directs the President to report annually to the Congress on: (1) progress toward achieving the four basic objectives set forth under this title; and (2) a country-by-country analysis of the impact on economic development in each country during the preceding three to five years of U.S. economic assistance programs, with a discussion of U.S. interests that were served by such assistance. Authorizes appropriations for FY 1992 and 1993 for American schools, hospitals, and libraries abroad. Raises the ceiling on the principal amount of housing guaranties authorized to be issued under the worldwide shelter program. Continues the authority of the housing guaranty program through FY 1993. Repeals provisions concerning the issuance of guaranties for projects using solar energy technology and agricultural and protective credit and self-help community development programs. Requires fees to be charged for housing guaranties. Raises the ceiling on the total face value of guaranties authorized to be issued with respect to any country and on the average face value of guaranties in any fiscal year. Provides that the principal amount of guaranties issued shall be comparable to the amount issued for FY 1984, subject to dollar value limitations. Authorizes appropriations for FY 1992 and 1993 to pay the cost of guaranties with a specified face value and for administrative expenses of the housing guaranty program. Authorizes the issuance of guaranties in connection with loans made for housing and infrastructure in Israel for Soviet refugees. Exempts such guaranties from specified limitations on principal amount, amount of guaranties per country, or average face value. Removes restrictions on Overseas Private Investment Corporation (OPIC) loans for mining operations. Repeals provisions that limit OPIC equity investments to countries in Subsaharan Africa and the Caribbean basin. Increases the amount of OPIC's one-time transfer to the fund established to carry out its activities. Raises the ceiling on the maximum contingent liability for outstanding OPIC guarantees. Authorizes OPIC to draw specified amounts from a noncredit account revolving fund to pay estimated subsidy costs of program levels for the loan guarantee and direct loan programs. Revises provisions concerning OPIC's insurance reserves. Authorizes OPIC to transfer a specified amount from the noncredit account revolving fund for administrative expenses of the direct loan and loan guarantee programs. Makes provisions concerning income and revenues applicable to income and revenues from OPIC's noncredit activities (currently, revenue and income from any source). Changes from mandatory to discretionary OPIC's authority to charge fees for its services. Requires investors in projects receiving OPIC financing to certify to OPIC that any contract for the export of goods as part of a project requires that U.S. insurance companies have a fair and open opportunity to provide insurance against risk of loss of the export. Exempts from such requirement investors who do not have a controlling interest in a project. Directs the U.S. Trade Representative to report to the Congress on OPIC actions with respect to such certifications. Authorizes the President, acting through the Administrator, to provide assistance for microenterprises in developing countries. Directs the administering agency to establish specified criteria for determining the financial intermediaries that will receive such assistance. Requires a significant portion of such assistance to be used to support direct credit assistance by, and the institutional development of, financial intermediaries with a primary emphasis on assisting people living in absolute poverty, especially women. Outlines funding sources for such assistance. Permits the President, in order to generate local currencies for providing such assistance, to use development and economic support fund assistance to provide assistance to developing countries on a loan basis repayable in local currencies. Sets forth minimum levels of assistance to be provided under this Act. Requires the Administrator to develop a monitoring system to evaluate the agency's microenterprise development activities. Authorizes the President to use development and economic support assistance or assistance from the Development Fund for Africa to support human rights and activities to improve the performance of democratic institutions. Requires a substantial portion of such assistance to be provided to nongovernmental organizations. Prohibits such assistance from being used to influence the outcome of an election in any country. Permits Development Fund for Africa assistance to be used only for countries in Subsaharan Africa. Requires the President to report to specified congressional committees on activities designed to promote democracy that are funded by the Department of State, the Agency for International Development (AID), or the U.S. Information Agency (USIA), along with recommendations for ways to improve coordination of responsibilities among such agencies. Authorizes appropriations for FY 1992 and 1993 for contributions to international organizations. Earmarks specified amounts of such funds for: (1) the United Nations Development Program; (2) the United Nations Children's Fund; (3) the United Nations Environment Program; (4) the Organization of American States (OAS), with an amount set aside for establishing an electronic network for the exchange of science and technology information among universities in OAS member countries; (5) the Special Program for Africa of the International Fund for Agricultural Development; (6) the United Nations Development Fund for Women; (7) the Intergovernmental Oceanographic Commission; and (8) the United Nations University Endowment Fund. Permits the President to continue U.S. participation in, and make contributions to, the International Fund for Agricultural Development. Applies evaluation and auditing procedures for the International Bank for Reconstruction and Development and the Asian Development Bank to the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, the Inter-American Development Bank, the Inter-American Investment Corporation, the African Development Bank, the African Development Fund, the Asian Development Fund, and the European Bank for Reconstruction and Development. Provides that if Israel is denied its right to participate in any United Nations agency, the United States shall suspend its participation in, and contributions to, such agency until the denial of rights is reversed. Permits the President to use development or economic support assistance or assistance from the Development Fund for Africa for grants to, or contracts with, nongovernmental organizations to enable such organizations to: (1) purchase debt obligations owned by developing countries to commercial lending institutions or other private parties; and (2) cancel such obligations subject to the President's approval, to the extent that such countries make available assets or policy commitments to promote the objectives of this title. Authorizes grantees or contractees to retain interest earned on the proceeds of debt-for-development or debt-for-environment purchases or exchanges pending the disbursement of such proceeds and interest for the purposes for which assistance was provided. Authorizes appropriations for FY 1992 and 1993 for international disaster assistance. Raises the ceiling on the amount that may be obligated against appropriations for use in providing such assistance. Limits the amount that may be obligated against appropriations for development assistance and assistance from the Development Fund for Africa. Authorizes appropriations for economic support fund (ESF) assistance for FY 1992 and 1993 for: (1) Israel; (2) Egypt; (3) Turkey; (4) the International Fund for Ireland; (5) Cyprus (for a scholarship program, bicommunal projects, and measures aimed at the reunification of the island and designed to promote peace between the two communities on Cyprus); (6) Nepal; (7) the South Pacific Regional Program (with earmarked funds for scholarships for study at postsecondary institutions of education in the United States); (8) regional cooperative programs in the Middle East; and (9) other recipients or purposes. Redesignates the Trade and Development Program as the Trade and Development Agency. Revises the authorities of the Director of the Agency. Requires the Agency to disseminate information about its activities to the private sector. Sets forth the duties of the Inspector General of the administering agency with respect to the Agency. Authorizes appropriations for FY 1992 and 1993. Authorizes appropriations for FY 1992 and 1993 for operating expenses of the administering agency and its Office of the Inspector General. Directs the President to report annually to the Congress on: (1) progress toward achieving the four basic objectives set forth under this title; and (2) a country-by-country analysis of the impact on economic development in each country during the preceding three to five years of U.S. economic assistance programs, with a discussion of U.S. interests that were served by such assistance. Requires the President to maintain within the administering agency a Center for University Cooperation in Development and a Center for Voluntary Cooperation in Development. Provides that the respective purposes of such centers shall be to strengthen the partnership for development between the U.S. Government and: (1) U.S. and developing country institutions of higher education engaged in education, research, and public service programs relevant to developing countries; and (2) U.S. private voluntary organizations, cooperatives, and credit unions engaged in activities relevant to such countries. Directs the Administrator to establish an Advisory Committee on University Cooperation in Development and an Advisory Committee on Voluntary Cooperation in Development. Repeals provisions concerning the Board for International Food and Agricultural Development. Expresses the sense of the Congress that the President should continue to make efforts to improve the management of U.S. economic assistance programs. Requires the President to report to the appropriate congressional committees on the feasibility and impact on U.S. foreign policy and foreign assistance objectives of: (1) reducing the number of countries receiving economic assistance; and (2) improving coordination within the U.S. Government and with other donors and improving management of U.S. economic assistance programs. Title II: Military Assistance and Sales and Related Programs - Chapter 1: Military Assistance and Related Programs - Revises policies and objectives of U.S. military assistance programs. Revises the President's authorities to furnish foreign military financing assistance, to remove the authority to detail members of the armed forces to foreign countries, or to transfer funds to countries to meet obligations for payments for arms sales. Exempts from appropriations charges, any defense article or service that is made available under special drawdown authority. Permits financing assistance to be provided on a grant, credit, or guaranty basis. Directs the President, in determining how financing will be provided, to take into account: (1) U.S. national security and foreign policy interests in furnishing such assistance to a country; and (2) the national security and self-defense needs and economic conditions of the country. Requires repayment on credits within a 12-year period unless a longer period is authorized by law. Sets a minimum five percent interest rate on credits. Authorizes financing for the procurement by leasing of defense articles from U.S. commercial suppliers to be provided to Israel and Egypt if there are compelling foreign policy or national security reasons for such articles being provided by lease rather than by government-to-government sale. Permits the financing of the procurement of defense articles and services not sold by the U.S. Government only if the country or international organization proposing to make such procurement has signed an agreement with the United States specifying the conditions under which the procurement may be financed. Requires sales under the Arms Export Control Act which are wholly paid from funds made available on a grant basis under this Act or were transferred or made available under former authorities prior to this Act's enactment to be priced to exclude the costs of salaries of members of the U.S. armed forces (other than members of the Coast Guard). Prohibits assistance from being furnished under this chapter in any case involving coproduction or licensed production outside the United States of any defense article of U.S. origin unless the President furnishes full information on the proposed transaction to the appropriate congressional committees. Prohibits the obligation of certain assistance for the procurement of: (1) any vessel of war built pursuant to a prime contract awarded to a foreign shipyard; or (2) any weapons system or other major system for a vessel of war built pursuant to such a contract awarded to a foreign rather than a U.S. shipyard because of unfair foreign competition. Exempts from such prohibition vessels of war built in the foreign country which is the recipient of such assistance or built pursuant to a prime contract signed before the effective date of this Act or procurement for the maintenance, repair, or replacement of such systems. Authorizes appropriations for foreign military financing for FY 1992 and 1993 for: (1) Israel; (2) Egypt; (3) Turkey; (4) Greece; and (5) other recipients or purposes. Revises provisions concerning eligibility for the receipt of defense articles and services. Raises the ceiling on the amount of defense articles and services and military training to be drawn down under certain emergencies. Limits the amount of such articles, services, and training to be drawn down for purposes of international narcotics control and international disaster assistance. Directs the President to establish monitoring and auditing controls to make financed arms sales subject to requirements no less stringent in accountability than requirements of Federal Acquisition Regulations applicable to sales under the Arms Export Control Act relating to improper business practices and personal conflict of interest. Places a ceiling on the value of additions to stockpiles for FY 1992 and 1993. Revises provisions concerning the location of stockpiles. Extends the President's authority to transfer excess defense articles to countries on NATO's southern flank through FY 1996. Requires excess defense articles to be made available to maintain the military balance in the Eastern Mediterranean. Directs the President to ensure, over a three-year period beginning in FY 1993, that the ratio of the value of such articles made available for Turkey to those made available for Greece closely approximates the ratio of the amount of foreign military financing provided for Turkey to the amount provided for Greece. Authorizes the President to transfer excess defense articles to major drug transit countries for counternarcotics purposes. Amends the Arms Export Control Act to raise the ceiling on the aggregate acquisition cost to the United States of excess defense articles ordered by the President. Amends the Foreign Assistance Act of 1961 to remove a reporting requirement with respect to nonlethal defense articles furnished to foreign countries. Repeals provisions of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1990 concerning transfers of excess defense articles. Authorizes appropriations for FY 1992 and 1993 for: (1) international military education and training; (2) peacekeeping operations; and (3) antiterrorism assistance. Declares that the President, in providing assistance under this Act, should take into account the cooperation provided by countries in matters connected with international terrorism. Amends the Arms Export Control Act to revise requirements of a report by the President on military exports. Chapter 2: Foreign Military Sales Program - Amends the Arms Export Control Act to repeal provisions concerning purposes of military sales or leases. Requires the President to take the following steps to address financial management problems with respect to payments on account of foreign military sales: (1) certify that payments with respect to such sales are properly recorded by case and country; (2) improve the coordination and uniformity of the military services systems used to account for, control, and report upon the operation of the foreign military sales program; and (3) reconcile the discrepancies between reported disbursements and performance for all uncompleted foreign military sales agreements executed prior to March 1989. Directs the President to notify the House Foreign Affairs Committee and the Senate Foreign Relations Committee on the termination of any discrepancy reconciliation. Designates Australia, Egypt, Israel, Japan, New Zealand, and South Korea as major non-NATO allies. Provides that New Zealand shall be eligible for special treatment authorized for such allies only to the extent that the President notifies the appropriate congressional committees that such treatment is in the national security interest. Authorizes the President to make additional designations with advance notification to the appropriate congressional committees. Raises the threshold on the dollar amount of defense equipment or services on which the President is required to submit specified certifications. Revises provisions concerning presidential certifications and congressional procedures for certain arms transfers. Adds to the list of information required in the President's quarterly report on military exports information on all concluded defense coproduction agreements. Imposes sanctions on foreign parties to coproduction agreements that violate restrictions concerning unauthorized third party transfers or unauthorized dispositions of defense articles or services or technical data if the President notifies the Congress or the Congress so determines by joint resolution. Lists such sanctions as: (1) the suspension of authority to produce defense articles abroad pursuant to such agreements; and (2) a prohibition on the issuance and approval of licenses with respect to the foreign party. Disqualifies for financing under the Foreign Assistance Act of 1961 for 12 months any contracts of a person convicted or debarred for a violation of international traffic in arms regulations under the Arms Export Control Act. Increases the amount of defense trade registration fees required to be credited to a Department of State account. Repeals provisions of the State Department Basic Authorities Act of 1956 concerning munitions control registration fees. Amends the Export Control Act to require the President to review biennially and revise, as necessary, international traffic in arms regulations. Prohibits funds authorized by any Act from being made available to facilitate the sale of M-833 antitank shells or comparable shells containing a depleted uranium penetrating component to any country other than a NATO member or major non-NATO ally. Chapter 3: Technical and Conforming Amendments; Repeal of Obsolete and Inconsistent Provisions - Amends the Foreign Assistance Act of 1961 to apply termination of assistance provisions (with respect to violations of agreements providing defense articles or services) to defense articles or services provided under the Arms Export Control Act. Makes technical and conforming amendments to the Arms Export Control Act. Revises a provision regarding the Guaranty Reserve Fund and redesignates the Fund as the Foreign Military Loan Liquidating Account. Repeals provisions concerning: (1) information to the Congress on credit sales and guaranties; (2) the availability of funds for procurement of defense articles and services outside the United States; (3) discrimination; (4) restraint in arms sales to Subsaharan Africa; (5) foreign military sales credit standards; and (6) foreign military sales to less developed countries. Chapter 4: Transfers of Spoils of War - Spoils of War Act of 1991 - Permits spoils of war in the possession or control of the United States to be transferred to any other party only to the extent and in the same manner that property of the same type, if otherwise owned by the United States, may be so transferred. Title III: International Narcotics Control - Authorizes appropriations for FY 1992 and 1993 for international narcotics control. Revises provisions concerning international narcotics control. Exempts maritime law enforcement operations in archipelagic waters from a prohibition on U.S. participation in foreign police actions. Makes a prohibition on the use of narcotics control funds for the procurement of weapons or ammunition inapplicable (subject to congressional notification requirements) to: (1) weapons or ammunition for the defensive arming of aircraft used for narcotics control purposes; or (2) firearms and related ammunition provided to Department of State employees for narcotics control activities. Requires the President (currently, the Secretary of State) to maintain records on aircraft use under this title. Authorizes foreign military financing assistance under the Arms Export Control Act to be made available to finance the leasing of aircraft. Authorizes (currently, requires) the reallocation of funds withheld from countries which fail to take steps to halt illicit drug production or trafficking. Revises congressional reporting and certification requirements with respect to international narcotics control. Requires the President to notify the appropriate congressional committees annually of countries determined to be major drug transit or illicit drug producing countries. Repeals obsolete provisions of specified Acts. Makes prohibitions on the provision of assistance to foreign law enforcement agencies inapplicable, during FY 1992 and 1993, to: (1) transfers of defense articles and services for counternarcotics purposes; and (2) foreign military financing and international military education and training for narcotics-related purposes. Makes provisions of law that restrict assistance to countries inapplicable with respect to narcotics-related assistance, provided that the President notifies the appropriate congressional committees. Title IV: Special Authorities, Restrictions, Reporting Requirements, Administrative and General Provisions, Definitions, and Conforming Amendments and Repeals - Chapter 1: Contingency and Other Special Authorities - Authorizes appropriations to the President for FY 1992 and 1993 for unanticipated contingencies in programs within the International Affairs Budget Function. Authorizes the President to provide assistance (other than foreign military financing or international military education and training) to a country that is: (1) emerging as a democracy; or (2) emerging from civil strife and has a democratically elected government or is making progress toward a democratic form of government. Raises the ceiling on funds available for unanticipated contingencies. Requires congressional notification prior to the transfer of funds between accounts. Prohibits the transfer of funds authorized for the costs of loan or guarantee programs in accordance with requirements of the Federal Credit Reform Act of 1990. Revises provisions concerning the special waiver authority of the President with respect to prohibitions on assistance. Raises the ceiling on the amount of assistance that may be allocated for national security interests for any one country unless such country is a victim of active (currently, Communist) aggression. Repeals provisions concerning U.S. obligations in West Germany and a certification by the President of inadvisability to specify the nature of the use of funds. Chapter 2: Restrictions on Assistance and Exemptions from Restrictions - Applies a prohibition on assistance for police training to the furnishing of excess defense articles for law enforcement purposes. Exempts from such prohibition: (1) international narcotics control assistance; (2) assistance in protecting and maintaining wildlife habitats and in developing wildlife management and plant conservation programs; (3) antiterrorism assistance; (4) specified assistance for law enforcement in Latin America and the Caribbean; and (5) other exempted assistance. Revises prohibitions concerning restrictions on assistance. Adds to the list of restrictions prohibitions on assistance for: (1) a country whose government engages in a consistent pattern of human rights violations; (2) a country whose elected head of government is deposed by military coup; (3) a country which is more than one year in arrears to the U.S. Government on any U.S. Government loan or credit under the Foreign Assistance Act of 1961 or specified provisions of the Arms Export Control Act; (4) projects designed to increase exports of agricultural, textile, or apparel commodities from developing countries if such exports would be in competition with U.S. exports or be expected to cause injury to U.S. exporters of the same or a similar commodity; and (5) a country that provides lethal military equipment to a government that has repeatedly supported acts of international terrorism. Authorizes the Foreign Claims Settlement Commission, at the request of the President, to evaluate the value of any property that is the subject of expropriation by a foreign country. Exempts from restrictions on foreign assistance (except for countries that support terrorism or violate human rights) assistance for: (1) the needs of individuals with disabilities or displaced children; (2) child survival activities; (3) the prevention and control of AIDS; (4) immunization and oral rehydration; (5) environmentally sound, sustainable resource management; and (6) efficient energy systems. Chapter 3: Reports - Revises provisions regarding: (1) U.S. assistance policies and human rights; and (2) congressional notification for program changes. Outlines required elements of annual congressional presentation documents on economic assistance. Chapter 4: Administrative and General Provisions - Revises provisions concerning the use of private enterprise for the procurement of commodities and defense articles. Authorizes the use of Federal facilities for technical assistance purposes when such facilities are not competitive with private enterprise. Revises provisions concerning procurement standards and procedures. Sets forth provisions concerning the generation and use of local currencies. Authorizes the President to adopt as a U.S. contract or obligation any contract with a U.S. or third-country contractor that had been funded with assistance prior to the termination of such assistance. Permits nongovernmental organizations to invest local currencies accrued as a result of economic assistance provided by this Act and other specified Acts and to use interest earned on investments for assistance purposes. Exempts funds for Israel and Egypt from any restriction on the availability of funds. Prohibits appointments to specific positions within the administering agency without the advice and consent of the Senate. Permits assistance funds to be used to reimburse Federal or State agencies, private and voluntary organizations, or institutions of higher education that detail employees for assistance programs that require special technical skills. Excludes such employees from applicable personnel ceilings during the detail period. Removes funding limitations on assistance for the construction of living quarters, offices, schools, and hospitals abroad and for assistance to schools educating dependents and personnel abroad. Requires the Administrator to ensure that for assistance projects there is displayed an acknowledgment that such projects were funded by the people of the United States. Revises provisions concerning discrimination against U.S. personnel. Chapter 5: Definitions - Sets forth specified definitions. Chapter 6: Conforming Amendments and Repeals - Makes technical and conforming amendments to specified Acts. Repeals specified Acts. Title V: Europe - Chapter 1: Support for East European Democracy Act - Amends the Support for East European Democracy (SEED) Act of 1989 to make eligible for SEED benefits any Eastern European country taking steps toward: (1) political pluralism and economic reform; (2) respect for human rights; and (3) a willingness to build a friendly relationship with the United States. (Currently, most SEED programs target Hungary and Poland.) Includes Albania, Lithuania, Latvia, and Estonia in the list of eligible countries. Extends specified structural adjustment, debt reduction, and stabilization assistance to such countries. Requires the President to support adoption of agricultural policies in eligible countries that are based on free-market policies and to discourage policies that distort market signals through protective import barriers or government export subsidies. Authorizes AID to provide assistance to support private sector development in Eastern Europe and U.S. participation in capital projects. Permits the President, acting through the AID Administrator, to use funds for labor market transition assistance to eligible Eastern European countries. Extends technical assistance and training for labor market transition assistance to eligible Eastern European countries. Removes a provision authorizing appropriations for Peace Corps programs in Poland and Hungary. Extends assistance for the development of Peace Corps and credit unions to eligible Eastern European countries. Applies provisions governing the use of Polish currency generated by agricultural assistance to local Eastern European currencies generated by such assistance. Repeals provisions concerning: (1) OPIC support for Poland and Hungary; (2) Trade and Development Program activities in Poland and Hungary; (3) tax treatment of loans with below market interest rates for Poland and Israel; and (4) the trade credit insurance program for Poland. Extends Export-Import Bank programs to Czechoslovakia. Urges the President to seek bilateral investment treaties with eligible Eastern European countries to establish a legal framework for U.S. investment in such countries. Extends educational and cultural exchange programs and the scholarship partnership program to eligible Eastern European countries. Removes funding provisions concerning the scholarship partnership program. Authorizes the AID Administrator to use funds available for the scholarship partnership program for scholarships to enable Eastern European students to study at American institutions of higher education in Europe. Makes a specified amount of nonconvertible Polish currencies held by the United States available for the Research Center on Jewish History and Culture of the Jagiellonian University of Krakow, Poland. Declares that the President should allocate a specified amount annually for NATO's plan for expanded East European participation. Extends assistance for the support of democratic institutions and environmental protection and energy efficiency activities to eligible Eastern European countries. Authorizes the President, acting through the AID Administrator and the Administrator of the Environmental Protection Agency, to provide assistance for environmental and energy activities in eligible Eastern European countries, with emphasis on assistance for policies encouraging and providing incentives for end-use energy efficiency and conservation and reliance on renewable energy resources. Requires the President to work with officials of the Government of Czechoslovakia to establish a regional program to facilitate cooperative activities to address the public health aspects of environmental degradation. Earmarks funds for such program. Revises provisions concerning medical assistance to Poland. Authorizes the President, acting through the AID Administrator, to: (1) provide medical training, health care planning assistance, and other assistance to improve health care to eligible Eastern European countries; and (2) provide assistance to support the infrastructure for a housing sector in such countries. Directs the SEED Program coordinator to establish an Eastern European Business Information Center System to serve as a central clearinghouse and data resource service for U.S. and Eastern European businesses providing information relating to: (1) business conditions in Eastern Europe; (2) legal and regulatory information needed by U.S. companies seeking to do business in Eastern Europe; (3) investment and trade opportunities for U.S. companies; and (4) voluntary assistance efforts to Eastern European countries. Requires the SEED Program coordinator to make information accessible to local enterprises seeking trade with or investment from the United States through the establishment of Eastern European trade information centers. Declares that the President should establish American Business Centers to support American business initiative in Eastern Europe. Repeals a provision concerning economic and commercial officers at U.S. embassies and missions in Hungary and Poland. Authorizes and allocates appropriations for SEED programs for FY 1992 and 1993. Sets forth provisions concerning the reallocation or reduction of such funds. Treats the Regional Environmental Center for Central and Eastern Europe in Budapest, Hungary, as an international organization for purposes of detailing U.S. Government personnel. Chapter 2: Other Provisions Relating to the Region - Authorizes additional appropriations for FY 1992 and 1993 to carry out the Soviet-East European Research and Training Act of 1983. Revises reporting requirements under such Act. Condemns the resurgence of organized anti-Semitism and ethnic animosity in Romania. Urges the Government of Romania to speak out against anti-Semitism and work to promote harmony among ethnic and religious groups. Calls on: (1) the Romanian people to resist extremist organizations and strengthen the forces of tolerance and pluralism; (2) the Romanian Government to take steps toward greater respect for internationally recognized human rights; and (3) the President of the United States to ensure that progress by such Government in combating anti-Semitism and in protecting the rights and safety of its ethnic minorities shall be a significant factor in determining levels of assistance to Romania. Sets forth congressional findings with respect to the situation in Nagorno-Karabakh in Azerbaijan. Amends the Mutual Educational and Cultural Exchange Act of 1961 to establish the Andrei Sakharov Educational Exchange Program to facilitate cooperation in the fields of environmental protection and health sciences through exchanges of graduate students. Includes such exchange program in the list of actions to be taken under the SEED Act. Expresses the sense of the Congress with respect to the crisis in Yugoslavia. Amends the Anglo-Irish Agreement Support Act of 1986 to remove a certification requirement and to revise reporting requirements. Title VI: Middle East - Makes ESF assistance to Israel available on a cash transfer basis. Requires the President to ensure that the level of such transfer does not cause an adverse impact on the total level of nonmilitary exports from the United States to Israel. Makes foreign military financing for Israel available on a grant basis. Makes certain amounts of such financing available for advanced weapon systems research and development and the procurement of defense articles and services. Amends the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991 to reduce the amount of defense articles and services and military education and training that were authorized to be drawn down for Israel under such Act. Permits ESF assistance for Egypt to include sector grants only if Egypt implements agreed upon reforms in the relevant sector. Permits specified law enforcement assistance to be provided to Egypt only through U.S. institutions of higher education or through the International Criminal Investigative Training Assistance Program of the Department of Justice. Requires foreign military financing for Egypt to be provided on a grant basis. Earmarks assistance allocated by AID for democratic initiatives and human rights for the growth of indigenous nongovernmental organizations that contribute to increased pluralism, democracy, and respect for human rights and the rule of law in the Middle East and North Africa. Earmarks ESF assistance for FY 1992 and 1993 for the West Bank and Gaza Program. Declares that specified amounts of development assistance should be used to finance cooperative development and cooperative development research projects among the United States, Israel, and eligible East European countries. Expresses the sense of the Congress that the United States should support educational, cultural, and humanitarian activities that bring Israelis together with Palestinians living in the West Bank and Gaza. Sets forth U.S. policy with respect to Lebanon. Declares that specified amounts of ESF and development assistance should be made available for Lebanon. Prohibits assistance to Syria until the President reports to the appropriate congressional committees that the Government of Syria: (1) has demonstrated willingness to enter into negotiations with Israel; (2) does not deny its citizens the right to emigrate and does not impose taxes with respect to emigration; (3) is assisting the U.S. Government in obtaining the release of American hostages in Lebanon; (4) no longer supports international terrorist groups; (5) is withdrawing its armed forces from Lebanon; (6) is no longer acquiring chemical, biological, or nuclear weapons and will not use weapons currently in its arsenal to threaten its neighbors; (7) is cooperating with U.S. antinarcotics efforts and taking steps to remove members of the government who are involved in the drug trade; and (8) has made progress in improving human rights. Expresses the sense of the Congress that the United States should encourage all Arab states to: (1) support efforts to achieve peace and stability in the Middle East and to settle the Arab-Israeli conflict; and (2) take specific steps with respect to Israel and terrorism. Directs the President to report to the appropriate congressional committees on: (1) the impact on Israel of U.S. commercial and government-to-government transfers of defense articles and services to the Middle East; and (2) policies being pursued and steps being taken to preserve Israel's qualitative edge. Amends the International Security and Development Cooperation Act of 1985 to revise U.S. policy with respect to the Palestine Liberation Organization (PLO). Restricts negotiations with the PLO until the PLO amends or supersedes its charter to reflect recognition of Israel and ceases the use of terrorism. Requires the President to report to the Speaker of the House and the chairman of the Senate Foreign Relations Committee on specified issues involving the PLO. Expresses the sense of the Congress that the United States should lead an effort to repeal United Nations General Assembly Resolution 3379 (equates Zionism with racism). Requires the President to report to the appropriate congressional committees on whether the Government of Kuwait has taken steps to: (1) end arbitrary arrest, torture, and other extrajudicial actions and bring to justice those responsible for such actions; (2) ensure that those detained have access to legal counsel, the right to an open and speedy trial, and other internationally recognized standards of due process; (3) allow the presence and activities of international human rights and humanitarian organizations; (4) comply with international law relating to deportations; and (5) ensure that the October 1992 elections are free and fair and permit universal suffrage. Expresses the sense of the Congress that: (1) U.S. businesses engaged in rebuilding Kuwait should use U.S. subcontractors and U.S. goods and services; (2) the Department of Commerce should monitor and encourage this policy; and (3) the President should seek appropriate United Nations Security Council action to establish an international tribunal to try all individuals who were involved in the planning or execution of war crimes and crimes against humanity during and after Iraq's invasion of Kuwait. Directs the President to report to the relevant congressional committees on any spoils of war that were obtained subsequent to August 2, 1990, and that were transferred to any party before the date of enactment of this Act. Expresses the sense of the Congress that: (1) the 1981 Israeli preemptive strike against the Iraqi nuclear reactor at Osirak was a legitimate and justifiable exercise of self-defense which also reduced the threat of Iraqi nuclear aggression against countries bordering Iraq; and (2) the United States should seek the repeal of United Nations Security Council Resolution 487 which condemned the strike. Title VII: Latin America and the Caribbean - Chapter 1: Central America and the Caribbean - Subchapter A: Central America - Declares that it shall be U.S. policy to: (1) support Central American countries in efforts to build democracy, restore peace, establish respect for human rights, expand economic opportunities, and improve living conditions; (2) support dialogue as the proper means of resolving armed conflicts in Central America; (3) assist in the implementation of, and secure international cooperation and support for, recommendations of the International Commission on Central American Recovery and Development; (4) support the United Nations Development Program for its Special Plan of Economic Cooperation for Central America; (5) organize a partnership among donor countries and Central American countries to mobilize resources and promote a forum for dialogue on issues of development, democracy, social justice, and human rights. Prohibits military assistance under the Foreign Assistance Act of 1961 to Guatemala during FY 1992 and 1993, except in connection with a peace agreement. Establishes the Lasting Peace Fund for Guatemala. Authorizes the President to transfer amounts available for military assistance to the Fund. Makes funds available only upon notification to the appropriate congressional committees that the Guatemalan Government and the Guatemalan National Revolutionary Unit have signed a peace agreement. Permits funds to be available for: (1) costs of retraining, relocation, and reemployment in civilian pursuits of former combatants and noncombatants affected by the conflict; and (2) costs of monitoring activities associated with the peace agreement. Prohibits the authorities of the Arms Export Control Act from being used to sell to the Guatemalan Government, or issue licenses for the export to Guatemala of: (1) weapons or ammunition; or (2) aircraft, unless the aircraft are unarmed and the Guatemalan Government has agreed that they will not be armed. Permits FY 1992 and 1993 development and ESF assistance and assistance under the Agricultural Trade Development and Assistance Act of 1954 for Guatemala to be used only by civilian government agencies and nongovernmental organizations. Requires such assistance to be targeted for: (1) programs that address poverty, basic human needs, and environmental concerns; (2) the improvement of democratic institutions and the promotion of political pluralism; (3) the National Reconciliation Commission; (4) fiscal reform and administration; or (5) programs that promote trade and investment. Prohibits such assistance from being used for partisan political purposes or as an instrument of counterinsurgency. Waives assistance target requirements if the President notifies the appropriate congressional committees that Guatemala has made progress in eliminating human rights violations and in bringing to trial those responsible for major human rights cases. Declares that the President should: (1) take into account the extent to which the Nicaraguan Government has brought the armed forces under civilian control and undertaken investigations into, and prosecution of those responsible for, human rights violations prior to providing assistance for FY 1992 and 1993; and (2) consider the extent to which foreign military financing for Nicaragua will further the goals of strengthening civilian control over the military, ending human rights abuses, and stemming the export of lethal military equipment prior to providing such financing for such fiscal years. Prohibits assistance under the Foreign Assistance Act of 1961 for FY 1992 and 1993 from being available for: (1) the Sandinista Popular Army unless requested and authorized by the President of Nicaragua; and (2) any member of the Nicaraguan resistance who has not disarmed or is not abiding by the terms of the cease-fire and the addenda to the Toncontin Agreement. Waives provisions of law that prohibit assistance to countries in arrears on assistance payments to the United States with respect to assistance for Nicaragua. Expresses the sense of the Congress that the Nicaraguan Government should expedite the processing of claims by private citizens based on expropriation of property by the Sandinista Government. Authorizes a specified amount of ESF assistance for FY 1992 and 1993 to be made available to carry out the Concerted Plan of Action in Favor of Central American Refugees. Expresses the sense of the Congress with respect to strengthening democratic legislatures in Central America. Declares that a specified amount of development and economic support assistance should be used for the Central American Journalism Program and Regional Administration of Justice Program's Center for the Administration of Justice to support democracy building activities in the region. Expresses the sense of the Congress that the President should: (1) begin negotiations with the Government of Panama to consider whether the two Governments should allow the permanent stationing of U.S. military forces in Panama beyond December 31, 1991; and (2) consult with the Congress throughout those negotiations. Subchapter B: The Caribbean - Amends the Foreign Assistance Act of 1961 to set forth the Caribbean Regional Development Act of 1991. Sets forth U.S. policy with respect to development and economic assistance for the Caribbean. Provides that priority in providing development assistance should be given to supporting indigenous democratic Caribbean institutions that represent and benefit the poor. Requires priority in the allocation of assistance to the Caribbean to be given to: (1) increased food production; (2) rural development; (3) community-based agro-industries; (4) small- and medium-sized farm and manufacturing enterprises; (5) the expansion of tourism; (6) regional integration; (7) the upgrading of technical and managerial skills; (8) support for renewable natural resources; (9) private sector development; (10) democratic development and the administration of justice; and (11) human services and human resources development. Directs the President, in providing assistance to a Caribbean country, to take into account whether the government of such country has failed to protect worker rights and is taking steps to implement laws that demonstrate advancement in providing such rights. Prohibits the administering agency from providing assistance for the use of any substance in a Caribbean country if such use is prohibited under the country's or U.S. public health laws. Declares that the agency should: (1) ensure the active participation of women in the development process; and (2) take into account the perspectives of the poor in the development process. Expresses the sense of the Congress that: (1) all assistance to the Haitian Government should remain suspended until democratic government is restored; (2) the United States, when democratic government is restored, should provide assistance to such government only if it abides by the Haitian Constitution and respects freedom of expression and human rights; (3) the President should consider, during any period when assistance is suspended to Haiti, whether assistance through private and voluntary organizations should be continued for humanitarian purposes; (4) the United States should provide a specified amount of economic assistance to Haiti during FY 1992 and 1993; and (5) if any assistance is suspended, the balance for any fiscal year should remain available as long as there are reasonable prospects of a return to democracy and constitutional government in Haiti. Prohibits foreign military financing assistance for Haiti (except nonlethal assistance) during FY 1992 and 1993. Encourages the Government of the Dominican Republic to improve respect for the human rights of Haitian laborers engaged in the sugar cane harvesting industry in the Dominican Republic. Withholds a specified amount of economic support assistance from the Dominican Republic until the President notifies the appropriate congressional committees of the steps taken by the Government of the Dominican Republic to improve such human rights. Declares that the President should consider increasing the Dominican Republic's allocation of the U.S. sugar quota and providing additional economic and development assistance if the Government of the Dominican Republic makes progress in specified matters concerning such laborers. Permits assistance under the Foreign Assistance Act of 1961 or the Agricultural Trade Development and Assistance Act of 1954 to be provided to the Government of Guyana only if the President reports to the appropriate congressional committees that such government is in power as a result of free and fair elections. Exempts from such restriction international narcotics control assistance or assistance for the holding of free and fair elections. Expresses the sense of the Congress that the President, following the submission of the report regarding Guyana, should provide assistance for Guyana under such Acts. Declares that a specified amount of assistance should be used to meet basic human needs. Condemns the armed forces of Suriname for the December 1990 coup and for disregard for civilian authority. Urges the armed forces to permit a peaceful transfer of power to the elected civilian government. Calls upon the President to withhold assistance from Suriname until a peaceful transfer of power has taken place, and to use assistance to bolster civilian rule. Applauds the actions of the United Nations Human Rights Commission of March 6, 1991 (concerning human rights in Cuba), and calls on the Government of Cuba to cooperate fully with the Commission. Prohibits the issuance of licenses for certain transactions involving U.S.-controlled firms in third countries and Cuba unless a license would be authorized for such transactions if undertaken by a firm organized under any State law. Applies such prohibition to a foreign subsidiary or affiliate of a domestic concern which is controlled in fact by such concern. Subchapter C: Provisions Relating to Both Central America and the Caribbean - Requires advance congressional notification for the transfer or issuance of licenses for the export of helicopters or military aircraft to any country in Central America or the Caribbean. Directs the Secretary of State to notify the appropriate congressional committees whenever any helicopters or other military aircraft are provided to such countries by any foreign country. Chapter 2: South America - Subchapter A: Andean Initiative - Authorizes appropriations for development and economic support assistance for FY 1992 and 1993 for Andean countries. Requires priority in the use of funds for Bolivia and Peru to be given to support programs that focus on providing coca farmers with alternative sources of income. Declares that specified amounts of such assistance should be used for law enforcement assistance, protection against narco-terrorist attacks, and assistance for human rights offices in Bolivia, Colombia, and Peru. Authorizes appropriations for FY 1992 and 1993 for foreign military financing assistance for Andean countries. Requires such assistance to be designed to: (1) enhance the ability of the recipient government to control illicit narcotics production and trafficking; (2) strengthen respect for human rights and the rule of law to control narcotics production and trafficking; and (3) assist the armed forces of the Andean countries in their support roles for such countries' law enforcement agencies. Permits the provision of such assistance only if: (1) such country has a democratic government; and (2) the government of such country does not engage in a consistent pattern of human rights violations. Permits such assistance to be used for certain law enforcement training and equipment for purposes of narcotics control efforts. Limits the amount of military and law enforcement assistance for Bolivia, Colombia, and Peru. Prohibits a Peruvian police organization that engages in a consistent pattern of human rights violations from being considered as a law enforcement unit. Permits assistance or the transfer of excess defense articles under this Act to an Andean country only if the President determines that: (1) such country is implementing programs to reduce the flow of cocaine to the United States; and (2) the armed forces and law enforcement agencies of such country are not engaged in a consistent pattern of human rights violations and the government of such country has made progress in protecting human rights. Exempts from the human rights condition assistance for programs providing coca farmers with alternative sources of income. Waives provisions of law that prohibit assistance to countries in arrears on loan payments to the United States with respect to narcotics-related assistance to Andean countries. Expresses the sense of the Congress with respect to actions taken by the Government of Colombia to combat drug trafficking. Subchapter B: Other Provisions Relating to South America - Congratulates the Governments of Argentina and Brazil for taking certain steps with respect to nuclear nonproliferation. Chapter 3: Other Provisions Pertaining to the Region - Authorizes a specified amount of economic assistance for FY 1992 and 1993 to be made available for efforts to deal with the cholera epidemic in Latin America. Amends the Foreign Assistance Act of 1961 to permit the delivery of military assistance and sales to the armed forces of a Latin American or Caribbean country with a civilian government only with the prior approval of the country's head of government. Makes law enforcement assistance available for countries with democratically-elected governments in Latin America and the Caribbean. Prohibits the use of such funds for: (1) lethal equipment; and (2) the participation of Department of Defense personnel and members of the U.S. armed forces in law enforcement training. Permits law enforcement training in the Caribbean to be provided only under the auspices of the Department of Justice Criminal Investigative Training Assistance Program. Earmarks funds for such assistance. Requires the Secretary to report annually to the Congress on the status and treatment of indigenous peoples in Latin America and the Caribbean. Authorizes the President to direct the AID Administrator to release the Institute Centroamericano de Administration de Empresas from an obligation to make payments on a specified Alliance for Progress loan. Title VIII: Enterprise for the Americas Initiative - Enterprise for the Americas Act of 1991 - Chapter 1: Foreign Assistance Act Debt Reduction - Supports improvement in the lives of the people of Latin America and the Caribbean through market-oriented reforms and economic growth with actions to promote debt reduction, investment reforms, community based conservation and sustainable use of the environment, and child survival and child development. Makes eligible for Enterprise for the Americas Facility benefits (established pursuant to the Agricultural Trade Development and Assistance Act of 1954) Latin American or Caribbean countries that: (1) have democratically-elected governments; (2) have not provided support for international terrorism; (3) cooperate on international narcotics control matters; (4) do not engage in a consistent pattern of human rights violations; (5) have in effect, received approval for, or are making progress toward, specified International Monetary Fund (IMF) arrangements and structural or sectoral adjustment loans from the International Bank for Reconstruction and Development or the International Development Association; (6) have put in place major investment reforms in conjunction with an Inter-American Development Bank loan or are implementing or making progress toward an open investment regime; and (7) have agreed with commercial bank lenders on a financing program for debt or debt service reduction. Authorizes the President to reduce the amount owed to the United States (as a result of concessional loans made pursuant to the Foreign Assistance Act of 1961 or predecessor foreign economic assistance legislation) by any country eligible for Facility benefits. Sets forth requirements with respect to the exchange of obligations, repayment of principal, and interest on new obligations issued by beneficiary countries. Requires beneficiary countries that enter into Americas Framework Agreements to establish Enterprise for the Americas Funds. Authorizes the Secretary to enter into Americas Framework Agreements concerning the operation and use of Americas Funds with countries eligible for Facility benefits. Directs administering bodies in each beneficiary country to administer the Americas Funds and to make grants. Requires grants from the Funds to be used for activities that link the conservation and sustainable use of natural resources with local community development and for child survival and development activities. Subjects grants of more than $100,000 to veto by the U.S. Government or the government of the beneficiary country. Redesignates the Environment for the Americas Board (established pursuant to the Agricultural Trade Development and Assistance Act of 1954) as the Enterprise for the Americas Board. Requires the Board to: (1) advise the Secretary on the negotiations of Americas Framework Agreements; (2) ensure that a suitable administering body is identified for each Americas Fund; and (3) review the programs, operations, and fiscal audits of administering bodies. Amends the Agricultural Trade Development and Assistance Act of 1954 to increase the number of representatives of the Board. Chapter 2: Export-Import Bank Debt Reduction - Amends the Export-Import Bank Act of 1945 to set forth provisions concerning the Enterprise for the Americas Initiative parallel to those set forth in chapter 1 of title VIII of this Act. Makes eligible for Facility benefits Latin American or Caribbean countries that: (1) have in effect, received approval for, or are making progress toward, specified IMF arrangements and structural or sectoral adjustment loans from the International Bank for Reconstruction and Development or the International Development Association; (2) have put in place major investment reforms in conjunction with an Inter-American Development Bank loan or are implementing or making progress toward an open investment regime; and (3) have agreed with commercial bank lenders on a financing program for debt or debt service reduction. Permits the President, for purposes of facilitating debt-for-equity, debt-for-development, or debt-for-nature swaps, to sell to any eligible purchaser any Export-Import Bank loan made to an eligible country before January 1, 1991. Authorizes appropriations. Chapter 3: Participation of the Inter-American Development Bank - Requires the Secretary of the Treasury to work closely with the management of the Inter-American Development Bank (IDB) to ensure the full implementation of the IDB's proposed investment sector reform program and the coordination of U.S. bilateral assistance programs with IDB efforts to enhance liberalization efforts in countries served by the IDB. Amends the Inter-American Development Bank Act to authorize appropriations for a contribution to the Enterprise for the Americas Investment Fund, provided that certain conditions are met. Requires U.S. assistance to the Fund to be disbursed only for the following purposes: (1) technical assistance for purposes of identifying and resolving domestic constraints to investment; (2) assistance to private enterprises; (3) assistance in building human capital, alleviating poverty, and reducing barriers to economic and social progress; and (4) assistance to support host country capacity for insuring the environmental soundness of investment activities. Limits the amount to be used for any of the preceding purposes. Requires the Secretary to instruct the U.S. representative to the Fund to vote against any action which may have an adverse environmental impact unless an environmental assessment is available at least 120 days before the vote. Makes Latin American or Caribbean countries eligible for Enterprise for the Americas Facility benefits eligible for Fund assistance. Chapter 4: International University for the Americas - Requires the Secretary of State to determine the most appropriate location for the International University for the Americas, an institution to be established for promoting economic integration and the strengthening of democratic institutions in the Western Hemisphere and for commemorating the 500th anniversary of the discovery of the Americas by Christopher Columbus. Authorizes a specified amount of development and economic support assistance for Latin America and the Caribbean to be made available for the University. Chapter 5: Reports - Directs the President to report annually to the Speaker of the House and the President pro tempore of the Senate on the implementation of this title. Title IX: Asia and the Pacific - Chapter 1: East Asia and the Pacific - Requires the President, in determining whether to furnish assistance or make sales of defense articles or services to Burma (Myanmar) during FY 1992 and 1993, to make a specified certification with respect to international narcotics control in Burma and to take into account whether the Burmese Government has: (1) ceded legal authority to a civilian government as mandated by the 1990 elections; (2) released persons arrested for the peaceful expression of their political views; and (3) ceased harassment of persons and political parties attempting to exercise freedoms of expression, association, and assembly. Sets forth notification requirements with respect to certain assistance for Burma. Declares that the Congress would welcome decisions by the President to: (1) decline to negotiate a new textile agreement with Burma; (2) impose economic sanctions on Burma under the Customs and Trade Act of 1990; and (3) call upon industrialized countries to impose similar sanctions upon Burma. Authorizes certain development and economic support assistance to be available for: (1) training and education assistance for Burmese outside of Burma who are displaced as a result of civil conflict; and (2) activities which support democratic pluralism in Burma. Reaffirms that genocide is a crime under international law which the United States undertakes to prevent and calls upon the United Nations to take appropriate action for the prevention and suppression of genocide in Cambodia. Makes a specified amount of development and economic support assistance available for Cambodian civilians. Releases additional funds in the event of a settlement of the Cambodian conflict acceptable to the United States. Makes an additional amount of development and economic support assistance available for humanitarian assistance to children and war victims in Cambodia. Authorizes the President to use development and economic support assistance funds to provide for the nonmilitary training of Cambodians in skills that would be used to support an internationally acceptable political settlement in Cambodia. Requires the President to terminate assistance to any Cambodian organization that is cooperating with the Khmer Rouge in military operations. Directs the President to conduct an onsite assessment within Cambodia to determine requirements for the development of infrastructure and the eradication of explosive mines. Requires the President to report to the Speaker of the House and the President pro tempore of the Senate on all instances of military cooperation since January 1, 1991, between the Khmer Rouge and any faction of the noncommunist resistance and all instances of human rights abuses by the Khmer Rouge. Prohibits the sale, and the issuance of licenses for export, to China of any item on the U.S. Munitions List for military end-users if the President determines that: (1) any U.S. defense article or technology was used in certain missiles or aircraft transferred to Algeria, Iran, Iraq, Libya, Pakistan, or Syria by China in contravention of the Arms Export Control Act; and (2) any chemical weapon or nuclear equipment or materials were transferred to such countries by China. Makes such prohibition inapplicable to the sale or export of systems or components designed for inclusion in civil products and controlled as defense articles only for purposes of export to a controlled country, unless the President determines that the intended recipient is the Chinese military or security forces. Prohibits the provision of FY 1992 and 1993 foreign military financing assistance and assistance for international military education and training to Fiji unless the President certifies to the Congress that Fiji has held elections in which there has been broad participation by all communities. Expresses the sense of the Congress that the President should provide specified amounts to support humanitarian projects in Laos for efforts to resolve questions concerning Vietnam prisoners of war or those missing in action. Sets forth provisions concerning Malaysia's policy of denying first asylum to Indochinese asylum-seekers. Expresses the sense of the Congress that additional assistance should be provided for Mongolia in recognition of Mongolia's movement toward democracy and a free market economy. Amends the Foreign Assistance Act of 1961 to set forth the Multilateral Assistance Initiative for the Philippines. Expresses the sense of the Congress that: (1) the United States should participate with multilateral financial institutions and other bilateral donors in an economic reform and development program in the Philippines; and (2) a multiyear commitment of resources by the United States, donors, and such institutions and a reform effort and leadership role by the Government of the Philippines will be necessary to ensure economic growth in the Philippines and enhanced participation of the Filipino people in the democratic process. Authorizes the President to provide assistance to promote the goals of this Act. Links such assistance to progress by the Government of the Philippines in implementing its economic, structural, judicial, and administrative reform program. Authorizes appropriations. Limits the amount of appropriations for FY 1992. Expresses the sense of the Congress that prior to requesting additional amounts to carry out this Act, the President should take into account: (1) the progress being made by the Philippines toward achieving reform objectives; (2) the extent of participation by the bilateral donors and multilateral financial institutions; and (3) the efforts to coordinate the assistance program. Expresses the sense of the Congress that: (1) the coordination of objectives and programs by donors, institutions, and the Government of the Philippines is critical to the success of the multilateral assistance program; (2) all donors should simplify procurement and disbursement procedures to ensure that conditions on the provision or use of assistance are complementary; and (3) the Philippines should establish internal procedures that will ensure the most effective use of such assistance. Authorizes appropriations for FY 1992 and 1993 for the South Pacific Regional Program. Earmarks an amount of such assistance for scholarships for study at U.S. postsecondary institutions of education. Expresses the sense of the Congress that: (1) the future of Taiwan should be settled peacefully, free from coercion, and in a manner acceptable to the Taiwanese people; and (2) good relations between the United States and China depend on the willingness of the Chinese authorities to refrain from the use or the threat of force in resolving Taiwan's future. Expresses the sense of the Congress that the President should encourage the Organization for Economic Cooperation and Development (OECD) to consider for OECD membership the Governments of South Korea, Taiwan, Hong Kong, and Singapore. Chapter 2: South Asia - Amends the International Security and Development Cooperation Act of 1985 to earmark development and economic support assistance for humanitarian assistance to the Afghan people and for the implementation of bilateral and multilateral reconstruction efforts for Afghanistan and the establishment of a broad-based freely-elected Afghan Government. Congratulates Bangladesh on the transition to a democratically-elected government and welcomes the economic adjustment measures being implemented in coordination with the IMF. Expresses appreciation for Bangladesh's support for international law and collective security. Urges the President to provide debt relief under the Agricultural Trade Development and Assistance Act of 1954 to Bangladesh. Calls upon the Government of India to promote adherence to human rights. Condemns abuses by militants in Kashmir and Punjab and urges all militant groups to cease the use of force to achieve political objectives. Urges the Secretary to raise Indian human rights issues with the Government of India. Calls upon Pakistani authorities not to provide arms or training to militants in Punjab or Kashmir. Welcomes the establishment of a democratically-elected government in Nepal and supports the economic development effort of such government. Authorizes economic support assistance for Nepal for FY 1992 and 1993. Amends the Foreign Assistance Act of 1961 to extend a certain waiver of a prohibition on assistance to Pakistan through April 1, 1993. Prohibits the President from waiving such prohibition unless he makes a specified certification regarding nuclear nonproliferation in Pakistan. Sets forth provisions concerning human rights abuses in Sri Lanka. Requires the President, in determining whether to provide assistance or make sales of defense articles or services to Sri Lanka during FY 1992 and 1993, to take into account whether the Government of Sri Lanka has: (1) established a public register of detainees and ensured that detainees have access to lawyers and family members; (2) taken steps to deter disappearances and killings of civilians by persons under control of government forces; (3) taken measures to minimize civilian casualties in combat operations in the north and the east; and (4) made serious efforts to investigate and prosecute those involved in the murder of journalist Richard DeZoysa. Encourages the Government of Sri Lanka to provide human rights education and training. Chapter 3: Economic Cooperation Projects in China and Tibet - Expresses the sense of the Congress that U.S. economic cooperation projects in China and Tibet should adhere to specified principles, including to: (1) ensure that employment decisions are nondiscriminatory; (2) ensure that methods of production do not pose a danger to project employees and the surrounding environment; (3) ensure that no convict or forced labor is used in the projects; (4) protect freedoms of assembly, association, and expression of project employees; (5) promote the training of employees; (6) discourage compulsory political indoctrination on project premises; and (7) urge the Chinese Government to release a list of the names of individuals detained solely for nonviolent expression of their political views. Directs the Secretary of State to forward a copy of such principles to member nations of the OECD and encourage them to promote such principles. Requires U.S. parent companies of such projects to register with the Secretary and indicate whether such projects will implement the principles. Sets forth specified reporting requirements. Directs the Secretary to report annually to the appropriate congressional committees on: (1) enforcement procedures with respect to prohibitions on the importation of convict-made goods; and (2) investigations with respect to goods produced by convict or forced labor in China and Tibet. Title X: Africa - Chapter 1: Development Fund for Africa - Authorizes appropriations for the Development Fund for Africa for FY 1992 and 1993. Chapter 2: Other Assistance for Africa - Amends the African Development Foundation Act to authorize appropriations for the African Development Foundation for FY 1992 and 1993. Requires funds from the Development Fund for Africa to be used to assist sector projects supported by the Southern African Development Coordination Conference (SADCC). Authorizes the use of such funds without regard to prohibitions on assistance to countries in arrears on assistance payments. Encourages the President to provide increased assistance to promote the development of democratic institutions in Subsaharan Africa. Declares that a specified amount of economic support assistance should be earmarked for Subsaharan Africa. Directs the AID Administrator to provide for the establishment of an African Center for Conflict Resolution to analyze, research, and resolve conflicts in Africa. Requires funds from the Development Fund for Africa to be made available for the Center. Chapter 3: Provisions Relating to Specific Countries - Requires the President, beginning with FY 1992, to provide: (1) nonpartisan election and democracy-building assistance to Angola for support in developing democratic institutions; (2) assistance for the voluntary relocation and resettlement of refugees and displaced persons and for the demobilization and retraining of former military members of the National Union for the Total Independence of Angola (UNITA) and the armed forces of the Government of Angola; (3) humanitarian assistance; and (4) assistance to implement the peace accords. Prohibits such assistance if the Angolan Government or UNITA violates the peace accords. Requires the President, in determining whether to provide assistance to Burundi during FY 1992 and 1993, to take into account that the Government of Burundi has: (1) made progress in reforming its military by engaging in a massive Hutu recruitment program; (2) taken steps to reverse discrimination against the Hutu; and (3) embarked on a major repatriation effort to accommodate the return of Hutu. Sets forth U.S. policy with respect to Kenya. Suspends economic and military assistance to Kenya. Waives such suspension if the President reports to the appropriate congressional committees that the Government of Kenya is taking steps to: (1) release political detainees and end the prosecution of individuals for the expression of their political beliefs; (2) cease physical abuse or mistreatment of prisoners; (3) restore judicial independence; and (4) restore freedom of expression to the Kenyan people. Expresses the sense of the Congress that the President should continue to support the peacekeeping efforts in Liberia carried out by the Economic Community of West African States (ECOWAS). Permits funds authorized by this Act for foreign military financing and unexpended foreign military financing and economic support assistance to be made available to support the efforts of ECOWAS to expand its military involvement in peacekeeping efforts in Liberia. Amends the Foreign Assistance Act of 1961 to authorize the President to provide assistance for civil strife relief, rehabilitation, and general recovery in Liberia. Permits assistance to Liberia during FY 1992 and 1993 only if the President reports to the Congress that the Government of Liberia has achieved progress toward reconciliation and free and fair elections monitored by international observers. Provides that such restriction shall not apply to humanitarian assistance or assistance to enhance progress toward reconciliation and free and fair elections. Waives a prohibition on assistance to countries in arrears on assistance payments with respect to assistance for Liberia. Commends the Malawi Government's response to the influx of refugees from Mozambique. Condemns the abuse of human rights of Malawian citizens. Urges President Banda to release prisoners of conscience, end incommunicado detention and torture of prisoners, and permit freedom of speech and association in Malawi. Prohibits foreign military financing for the Malawi Young Pioneers and permits such assistance only for the Malawian military's effort to secure the Nacala Railroad, programs to support conservation and biological diversity, and for activities to assist in the Mozambique peace process. Sets forth U.S. policy with respect to Mozambique. Conditions the provision of economic support assistance and foreign military financing for FY 1992 and 1993 for Mozambique on steps by the Government of Mozambique to increase respect for human rights and promote a political settlement to the conflict in such country. Expresses the sense of the Congress that: (1) the United States should support the elimination of apartheid and the establishment of democratic majority rule in South Africa through a policy to bring about a nonracial democracy; (2) U.S. firms and the Government should provide specified assistance to disadvantaged South Africans; and (3) the President should seek the cooperation of U.S. allies in Western Europe and Japan to join in multilateral initiatives to aid disadvantaged South Africans. Makes economic support and development assistance and assistance from the Development Fund for Africa available for assistance to disadvantaged South Africans. Requires priority in providing such assistance to be given to South African nongovernmental organizations whose staff are selected on a nonracial basis and which have the support of the disadvantaged communities being served. Authorizes excess assistance for disadvantaged South Africans to be used only for assistance for programs in the health, education, and housing sectors. Prohibits the transfer of such funds to any entity controlled by the South African Government, unless specified conditions are met. Declares that the President, before obligating funds for disadvantaged South Africans, should: (1) consult with South African organizations representative of the majority population of South Africa; and (2) seek a commitment from the South African Government that it will provide additional resources to meet the needs of disadvantaged South Africans. Prohibits assistance to the Communist Party of South Africa or affiliated organizations. Requires the President to ensure that recipients of assistance in South Africa are not engaged in human rights violations and have in place democratic processes for internal decisionmaking and the selection of leaders. Prohibits the provision of foreign military financing, military education and training, and economic support and development assistance to Zaire during FY 1992 and 1993 unless the President reports to the appropriate congressional committees that: (1) free and fair national elections have been held in Zaire; and (2) the elected government demonstrates a commitment to protect freedom of expression and bring about a reformed and independent judiciary and reform of, and applications of, the rule of law to Zaire security forces. Chapter 4: Horn of Africa Recovery and Food Security - Expresses the sense of the Congress with respect to Ethiopia, Somalia, and Sudan. Sets forth U.S. policy with respect to equitable distribution of relief and rehabilitation assistance and international relief efforts in the Horn of Africa (Ethiopia, Somalia, Sudan, and Djibouti). Authorizes the President to: (1) provide international disaster assistance for civil strife and famine relief and rehabilitation in the Horn of Africa; and (2) transfer funds from unobligated security assistance (without regard to a specified 20 percent increase limitation) to carry out this chapter. Makes available a percentage of assistance for management support activities. Urges the President to provide supplemental emergency food assistance for civilian victims of civil strife in the Horn of Africa. Encourages the President to consult with other nations, armed and unarmed parties in the Horn of Africa, and the United Nations Secretary General to bring about negotiated settlements of the armed conflicts in the Horn of Africa. Expresses the sense of the Congress that the President should: (1) direct the U.S. representative to the United Nations to take specified steps with respect to peace and the establishment of an arms embargo in the region; (2) play an active role in other fora in pressing for settlements to conflicts; and (3) participate in regional and international peace consultations. Declares that development assistance in the Horn of Africa should be targeted to aid the poor. States that U.S. Government aid institutions should seek to: (1) build upon the capabilities and experiences of organizations active in local grassroots relief, rehabilitation, and development efforts; (2) consult with such organizations and incorporate their views into the policymaking process; and (3) support the expansion of their activities without compromising their private nature. Declares that development assistance should be: (1) targeted to the voluntary relocation and repatriation of displaced persons and refugees; and (2) carried out in coordination with strategies for debt relief of countries in the region and with efforts to establish an international fund for reconstruction of developing nations which settle civil wars. Requires development assistance and assistance from the Development Fund for Africa to be channeled through private and voluntary or specified international organizations unless the President makes the required certification under this chapter. Prohibits economic support assistance and foreign military financing and international military education and training assistance to Ethiopia, Somalia, or Sudan unless the President certifies that the government of the country has: (1) begun to implement peace or national reconciliation agreements; (2) demonstrated a commitment to human rights; (3) manifested a commitment to democracy and has held or established a timetable for free and fair elections; and (4) agreed to distribute development assistance without discrimination. Chapter 5: Other Provisions - Expresses the sense of the Congress that: (1) special efforts should be undertaken to reduce trade barriers and to promote economic interchange between the United States and developing countries in Subsaharan Africa; and (2) the countries of Subsaharan Africa are to be applauded for their stance during the Persian Gulf conflict and commended for their support of the United States. Permits international military education and training to be provided to a Subsaharan African country only if the President considers whether: (1) that country has a government that was democratically-elected as the result of free and fair elections or is committed to respecting human rights and freedom of expression and has achieved progress in a process of democratization; (2) the armed forces of such country are involved in human rights violations or the government of the country fails to respect human rights; and (3) the armed forces of such country or other elements of the government of that country are engaged in destabilization efforts aimed at any other country. Requires the President, when obligating funds for countries that do not meet such conditions, to report to the appropriate congressional committees on the reasons for providing such assistance. Provides that any sanction imposed by any State or governmental subdivision that is directed at South Africa or persons engaging in commercial or financial transactions in or with South Africa and that also applies to Namibia shall be null and void with respect to Namibia unless such sanction is consistent with Federal law. Expresses the sense of the Congress that a study should be undertaken by the Office of Technology Assessment, in a cross-section of Subsaharan African countries, of the formulation and the economic, social, and environmental impact of adjustment programs supported or leveraged by AID through the Development Fund for Africa. Title XI: Aid, Trade, and Competitiveness - Aid, Trade, and Competitiveness Act of 1991 - Requires the AID Administrator to establish a capital projects office to: (1) develop a program that would focus solely on developmentally sound capital projects; and (2) consider opportunities for U.S. high-technology firms in putting together capital projects for developing countries and SEED eligible East European countries. Sets forth the activities of the capital projects office. Directs the President to report annually to the Congress on the extent to which: (1) U.S. Government resources have been expended to support capital projects in such countries and the extent of interagency coordination; and (2) U.S. Government capital projects and tied-aid programs have affected U.S. exports. Requires the Secretary of the Treasury, if a new agreement within OECD that meets the objective of reducing the level of concessional financing by member countries other than the United States has not been reached by February 1, 1992, to report to the Congress, together with the President of the Export-Import Bank, on: (1) the status of the negotiations; (2) the causes for the failure to reach an agreement by that date; and (3) the reasons the U.S. Government believes that continued negotiations will result in achieving such objective. Urges the President to use specified types and amounts of assistance for grants for capital projects. Directs the President to report to the appropriate congressional committees on the feasibility of allowing AID to offer credit guarantees for the financing of capital projects. Authorizes additional appropriations for FY 1993 for the Trade and Development Agency. Title XII: Peace Corps - Amends the Peace Corps Act to: (1) extend the authorization of appropriations for the Peace Corps through FY 1993; and (2) establish the Foreign Currency Fluctuations, Peace Corps, Account to pay expenses for Peace Corps operations which exceed appropriations for such expenses as a result of currency exchange rate fluctuations. Authorizes appropriations for such Account. Requires the Director of the Peace Corps to contract with an eligible organization to conduct three evaluations of the health care needs of Peace Corps volunteers and the adequacy of the Peace Corps health care system. Provides for the submission of such evaluations to the Director and specified congressional committees. Requires the Director and the Secretary of Labor to report to such committees on: (1) the information provided by the Peace Corps to its volunteers and applicants on the benefits and services to which volunteers and trainees may be entitled in the event they sustain injuries or become disabled during their Peace Corps service or training; (2) the efforts by the Peace Corps and the Department of Labor to coordinate the provision of such information to Peace Corps volunteers and applicants and the processing of claims by volunteers and trainees under the Federal Employees Compensation Act (FECA); (3) the number of Peace Corps volunteers and trainees who have filed claims under FECA and the percentage of claims that have been approved; and (4) the timeliness of approvals or denials of such claims. Earmarks funds for FY 1992 and 1993 for establishing Small Business Development Programs in the Soviet Union or any successor entity. Title XIII: International Development and Finance - Chapter 1: International Monetary Fund - Amends the Bretton Woods Agreements Act to authorize the U.S. Governor of the International Monetary Fund to consent to: (1) an increase in the U.S. quota in the Fund; and (2) the amendments to the Articles of Agreement of the Fund approved in resolution 45-3 of the Fund's Board of Governors. Authorizes the Secretary of the Treasury to instruct the U.S. Executive Director of the Fund to approve the Fund's pledge to sell a specified amount of the Fund's gold to restore the resources of the Reserve Account of the Enhanced Structural Adjustment Facility Trust to meet obligations to lenders who have made loans to the Trust for financing programs of members previously in arrears to the Fund. Permits the Secretary to instruct the U.S. Executive Director of the Fund to support Soviet membership in the Fund only after the President certifies to the Congress that the Soviet Union has taken specified actions to indicate: (1) the implementation of free market policies; (2) the reduction in size and scope of government expenditures; and (3) the embrace of democratic processes. Authorizes the Secretary to instruct the Executive Director of the European Bank for Reconstruction and Development to support expansion of access by the Soviet Union to the Bank's resources only after the President makes such certification. Expresses the sense of the Congress that: (1) encouragement should be given to the efforts being made to address the political and economic problems of nations making the transition to more open political and economic systems; and (2) consideration should be given to developing relationships between such nations, the Fund, the International Bank for Reconstruction and Development, and other international financial institutions as part of assisting such nations in making such transitions. Requires the Secretary to instruct the U.S. Executive Director of the Fund to encourage the Fund to adopt procedures for the publication of economic reviews of the major industrialized nations and other commentary, as appropriate. Expresses the sense of the Congress that procedures should be instituted to review the activities of the Fund and the International Bank for Reconstruction and Development for purposes of coordinating the international economic activities of international financial institutions at the Board, management, and staff levels. Directs the Secretary to instruct the U.S. Executive Director of the Fund to: (1) advocate specified actions concerning poverty alleviation and policy framework papers; and (2) urge renewal of debt and debt service reduction programs. Requires the Secretary to report to the Congress on the debt of the Soviet Union held by commercial banks outside the Soviet Union and the prospects for repayment of such debt. Directs the Secretary to instruct the U.S. Executive Director of the Fund to encourage environmental considerations in Fund programs. Requires the Secretary to instruct the U.S. Executive Directors of the Fund and the International Bank for Reconstruction and Development to urge such entities to develop and report to member nations on criteria for determining whether a nation seeking a loan is engaged in arms and weapons expenditures that are: (1) appropriate to its national circumstances; or (2) an impediment to sound management of its economy and achievement of sustained long-term growth. Chapter 2: International Bank for Reconstruction and Development and Affiliates - Subchapter A: International Finance Corporation - Amends the International Finance Corporation Act to authorize the U.S. Governor of the International Finance Corporation to subscribe to additional shares of the Corporation's capital stock. Authorizes appropriations. Subchapter B: International Bank for Reconstruction and Development - Amends the Bretton Woods Agreements Act to require the Secretary of the Treasury to instruct the U.S. Executive Director of the International Bank for Reconstruction and Development to advocate specified measures to alleviate poverty. Expresses the sense of the Congress that the International Bank for Reconstruction and Development and the International Development Association should: (1) give greater programmatic and budgetary priority to the survival and development of children; and (2) make a commitment to devoting at least five percent of the annual lending of such entities to primary health and basic education, respectively. Directs the Secretary to instruct the U.S. Executive Director of the Bank to urge: (1) renewal of debt and debt service reduction programs; (2) the establishment of a program to provide technical assistance to the Baltic States and the Soviet Union in support of democratic reforms, human rights, the rule of law, and market-oriented reforms; and (3) the coordination of such program with the programs of other donors. Subchapter C: Financial Assistance for Global Environmental Protection - Global Environmental Protection Assistance Act of 1991 - Authorizes the Secretary of the Treasury to contribute a specified amount to the Global Environmental Facility of the International Bank for Reconstruction and Development if the Secretary has certified to specified congressional committees that the Facility has made progress toward implementing certain measures set forth in this Act. Authorizes appropriations. Amends the International Financial Institutions Act to direct the Secretary of the Treasury to report to the House Committee on Banking, Finance and Urban Affairs and the Senate Foreign Relations Committee on the progress made by the multilateral development banks in achieving objectives concerning debt-for-nature exchanges and lending for the environment. Chapter 3: Asian Development Bank - Amends the Asian Development Bank Act to authorize the U.S. Governor of the Asian Development Bank to subscribe to additional shares of the Bank's capital stock. Authorizes appropriations. Chapter 4: African Development Fund - Amends the African Development Fund Act to authorizes the U.S. Governor of the African Development Fund to contribute a specified amount to the sixth replenishment of the Fund. Authorizes appropriations. Chapter 5: Export-Import Bank - Amends the Export-Import Bank Act of 1945 to authorize the President to waive limitations on Export-Import Bank financing for exports to the Soviet Union if such waiver is in the national interest. Directs the Bank to: (1) develop a program for providing guarantees and insurance with respect to the export of high technology items to eligible SEED program countries; and (2) inform high technology companies about Bank programs for U.S. companies interested in exporting high technology goods to such countries. Requires the Bank, in the case of any long-term loan or guarantee of at least $10,000,000, to ensure that U.S. insurance companies are accorded a competitive opportunity to provide insurance against risk of loss in connection with such transactions. Sets forth procedures to be taken in cases where such opportunity is denied. Directs the Bank to report to the Congress on the demand for loans, guarantees, and insurance for trade between the United States and the Baltic States and the Soviet Union and to make recommendations for the promotion of trade between the United States and such countries. Expresses the sense of the Congress that the President should determine that Estonia, Latvia, and Lithuania are not Marxist-Leninist countries for purposes of prohibitions on Export-Import Bank assistance for Marxist-Leninist countries. Chapter 6: Multilateral Development Banks - Subchapter A: Energy Efficiency - International Energy Efficiency Financing Act of 1991 - Amends the International Financial Institutions Act to require the Secretary of the Treasury to instruct the U.S. Executive Directors of the multilateral development banks to: (1) demonstrate programs for measuring the application of systems energy efficiency planning and techniques; and (2) advocate procedures that require assessments of the impacts of proposed actions that would have a significant impact on energy efficiency before votes in favor of such actions. Directs the Secretary to seek the adoption of policies which result in access to the public of energy efficiency assessments by the borrowing countries and the lending institutions. Subchapter B: Alleviation of Poverty, Reduction of Barriers to Economic and Social Progress, and Other Provisions - Requires the Secretary to instruct the U.S. Executive Director of the regional multilateral development banks to advocate the establishment of an organizational unit to aid bank management policies for the reduction of poverty and of barriers to economic and social progress and equity. Directs the Secretary to instruct the U.S. Executive Directors of the international financial institutions to: (1) encourage borrowing countries to involve women in development activities; (2) urge such institutions to reflect the diversity of the population in hiring practices and to strengthen and expand recruitment, hiring, and promotion of minorities and women; and (3) urge such institutions to adopt compensation policies to ensure that comparable pay is provided for people in comparable jobs. Requires the Secretary to instruct the U.S. Executive Directors of the multilateral development banks to oppose any loan, except for basic human needs, to Ethiopia, Somalia, or Sudan until the President certifies to the Senate Foreign Relations Committee and the House Committees on Banking, Finance and Urban Affairs and Foreign Affairs, respectively, that the government of the country has: (1) begun to implement peace or national reconciliation agreements; (2) demonstrated a commitment to human rights; (3) manifested a commitment to democracy and has held or established a timetable for free and fair elections; and (4) agreed to distribute development assistance without discrimination. Directs the Secretary to instruct the U.S. Executive Directors of the international financial institutions to encourage borrowing countries to engage in fair labor practices and to report to the Secretary on actions to promote such practices. Subchapter C: Financial Integrity - Requires the Secretary to instruct such directors to ensure the establishment of an office of Inspector General in such institutions. Chapter 7: Consolidation of Reports - Requires annual reports submitted by the Chairman of the National Advisory Council on International Monetary and Financial Policies to include summaries of reports required under the Bretton Woods Agreements Act. Title XIV: Miscellaneous - Expresses the sense of the Congress that a major effort should be made to strengthen the right to food in international law to assure the access of all persons to adequate food supplies. Declares that the Secretary of State, through the U.S. representative to the United Nations, should propose to the United Nations General Assembly that a Declaration and a Convention concerning the right to food be adopted and submitted to countries for ratification. United States Environmental Security and Foreign Policy Act of 1991 - Sets forth U.S. policy with respect to global environmental security. Gives the Secretary of State primary responsibility for overseeing environmental agreements and activities between the United States and foreign countries and international organizations and commissions. Requires the Secretary to report biennially to the Congress on: (1) multilateral environmental initiatives and negotiations concluded or in process; (2) bilateral agreements on the environment; (3) U.S. participation in, and support of, environment programs in international organizations and multilateral development banks; (4) international cooperation activities with respect to research and monitoring of environmental and natural resource conditions; and (5) environmental policies and activities of the United States in providing foreign assistance. Expresses the sense of the Congress that a major effort should be made to reform and restructure the United Nations mechanism for responding to international disasters and other humanitarian emergencies. Requires the Secretary, through the U.S. representative to the United Nations, to develop a proposal for strengthening the United Nations response to such emergencies. Expresses the sense of the Congress with respect to nuclear non-proliferation regimes. Requires the President to report annually to the Congress on the progress made and obstacles encountered in establishing regional nuclear non-proliferation regimes.
Bill· SS. 2061 (102nd)referred
United States · United States Congress · 26 November 1991
Middle Income Tax Relief and Economic Growth Act of 1991 - Title I: Tax Incentives - Amends the Internal Revenue Code provide a tax credit for certain middle income taxpayers. Makes permanent the tax credit for increasing research activities. Provides a one-year extension of: (1) the low-income housing credit; and (2) the authority to issue qualified mortgage bonds and mortgage credit certificates. Allows penalty-free withdrawals from individual retirement accounts for: (1) first-time homebuyers (or a parent or grandparent of a first-time homebuyer); (2) medical distributions; and (3) qualified educational expenses. Amends the Internal Revenue Code to allow a tax deduction for capital gains on small business stock held at least five years, based on a formula using the qualified small business net capital gain and the amount of the seed capital gain deduction. Provides for computing the seed capital gain deduction. Establishes a maximum capital gains rate for individuals and corporations with small business stock gain. Provides for the treatment of a corporation as a small business corporation if its stock does not exceed $5,000,000 (currently, $1,000,000). Adjusts such amount for inflation. Title II: Increased Obligation Ceilings Under Federal Transportation Trust Funds - Sets forth the obligation ceiling for Federal-aid highway programs for FY 1992 through 1997. Authorizes appropriations out of the Airport and Airway Trust Fund for airport development and planning grants. Establishes the obligation ceiling for such grants. Establishes the obligation ceiling for the discretionary capital grant program funded out of the Mass Transit Account of the Highway Trust Fund. Enacts specified sections of S. 1204, 102nd Cong., (Surface Transportation Efficiency Act of 1991) as passed by the Senate. Title III: Deficit Neutrality - Amends the Congressional Budget Act of 1974 to decrease the discretionary spending limit with respect to the defense category for FY 1993 and the discretionary category for FY 1994 and 1995. Requires such reductions to be achieved through reduction of discretionary appropriations in only the defense category. Establishes the defense spending limits from FY 1994 through 1997. Prohibits sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) as a result of any reduction in tax revenues caused by application of this Act. Requires deficit neutrality in budget total adjustments.
Bill· HRH.R. 4014 (102nd)referred
United States · United States Congress · 26 November 1991
Educational Research, Development, and Dissemination Excellence Act - Title I: General Provisions Regarding Office of Educational Research and Improvement - Amends the General Education Provisions Act (GEPA) to revise certain provisions relating to the purpose, administration, functions, and structure of the Office of Educational Research and Improvement (OERI). Eliminates provisions for the National Advisory Council on Educational Research and Improvement. Directs the Secretary of Education (the Secretary), acting through OERI, to carry out specified policies, in accordance with the policies and priorities established by the Board. Requires that OERI consist of programs and units in accordance with specified current GEPA provisions, as well as those added under this Act. Directs the Secretary to report annually to the appropriate congressional committees data on OERI, including numbers of current personnel, broken down by sex, race, and civil service classification, current vacancies, and projections of future personnel needs. Authorizes appropriations for FY 1992 through 1996 for OERI programs and units (both current ones and ones added by this Act). Allocates specified portions of such funds for certain purposes. Title II: National Educational Research Policy and Priorities Board - Amends GEPA to establish within OERI a National Educational Research Policy and Priorities Board (the Board). Makes the Board, acting through the Assistant Secretary, responsible for: (1) determining priorities to guide OERI's work and congressional oversight of it; (2) establishing standards for conduct and evaluation of all research, development, and dissemination carried out under auspices of the Department of Education (the Department); (3) making periodic recommendations to the President, the Congress, and the Secretary on administrative and statutory changes both to improve coordination of education research, development, and dissemination carried out by the Federal Government and to develop a comprehensive and integrated system for dissemination of results of education research and developments; and (4) regularly review and evaluate implementation of its recommended priorities and policies by the Department and the Congress. Directs the Board to develop a research priorities program. Requires the Board to survey and assess the state of knowledge in education research and development to identify disciplines and areas of inquiry where knowledge is insufficient and which warrant further investigation, taking into account the views of both education researchers and practicing educators. Requires the Board to consult with the National Goals Panel and other authorities on education to identify national priorities for the improvement of education. Requires that such research priorities program recommend priorities for investment of OERI resources over the next five-, ten-, and 15-year periods. Requires including as priorities those areas of inquiry in which further research and development: (1) is necessary to attain the identified goals for improvement of education; (2) promises to yield the greatest practical benefits to teachers and other educators in improving education; and (3) will not be undertaken in sufficient scope or intensity by other Federal and non-Federal entities engaged in education research and development. Sets forth required contents of such program, including goals for OERI expenditures within recommended priority areas, specific objectives expected to be achieved by such expenditures, and recommendations as to relative distribution of resources within each priority area among the various entities engaged in such education research and development. Requires the Secretary to publish a biennial report, and submit such report and any public comment and suggestions to the President and the Congress, on the Board's proposed research priorities. Directs the Board to establish and maintain an ongoing program to improve coordination of education research, development, and dissemination activities within the Department and the Federal Government generally. Requires specified inventories and reports in connection with such coordination program. Directs the Board to develop (after soliciting and giving due consideration to public comments) standards for the conduct and evaluation of all OERI research, development, and dissemination activities, to assure that such activities meet the highest standards of professional excellence. Requires such standards to include ones for peer review, evaluation of applications for, and periodic review and evaluation of, all grants, contracts, and cooperative agreements by OERI. Directs the Secretary to promulgate regulations implementing such standards within 60 days of their transmittal by the Board. Authorizes the Board to establish subcommittees, convene workshops and conferences, and collect data. Sets forth Board powers and membership qualifications, in general. Requires that the 20 Board voting members be appointed by the Secretary, with specified numbers representing educational researchers, classroom teachers, State and local school officials, librarians, parents, nonprofit foundations, business and industry, and State Governors. Designates specified Federal officials as ex-officio, nonvoting members. Requires that the Board be chaired by the Chair of the National Goals Panel. Sets forth provisions for terms of office and meetings. Title III: National Research Institutes - Amends GEPA to establish the following National Research Institutes within OERI: (1) the National Institute for Education of At-Risk Students; (2) the National Institute for Innovation in Educational Governance and Management; (3) the National Institute for Early Childhood Development and Education; and (4) the National Institute on Student Achievement. Sets forth provisions relating to such Institute's: (1) Directors; (2) authorities and duties; (3) targeting historically underrepresented researchers and institution; (4) appointment of scientific and professional employees; (5) advisory councils; (6) coordination of research on cross-cutting issues; and (7) transition within OERI. Sets forth separate provisions relating to the role of each such Institute. Title IV: National Education Dissemination System - Amends GEPA to establish within OERI an Office of Dissemination and School Improvement (Dissemination Office), through which the Secretary shall carry out a national education dissemination system for school improvement to identify, validate, and disseminate to educators, parents, and policymakers those educational programs that have been shown to improve educational opportunities for all students. Sets forth provisions relating to Dissemination Office functions and duties, including: (1) identification, designation, and dissemination of exemplary and promising programs; (2) 16 education resources information clearinghouses; (3) an America On-Line interactive electronic network to link all Department entities to share information and resources, be extended to libraries, schools, universities, colleges, and homes, and be linked to any electronic online dissemination system operated by the Government Printing Office; (4) a system of regional educational laboratories; and (5) an America 2000 communities special assistance program, with grants for Learning Grant Institutions and District Education Agents within eligible communities, development of a comprehensive America 2000 plan for assuring educational success for all students in the community, and implementation of a community-wide plan for educational improvement. Title V: National Education Research Library - Amends GEPA to establish within OERI a National Education Research Library (the Library), to be maintained as a governmental activity, to: (1) provide a central location within the Federal Government for information about education; (2) provide comprehensive reference services on education-related matters; and (3) promote greater cooperation and resource-sharing among education information providers and repositories in the United States. Requires the Library to establish and maintain a one-stop central information and referral service to respond to inquiries from the public concerning: (1) Department of Education (Department) programs and activities; (2) Department and other Federal agency education-related publications; (3) OERI services and resources available to the public, including the ERIC Clearinghouses, the National Research and Development Centers, and the Regional Laboratories; (4) statistics and other information produced by the National Center for Education Statistics; and (5) referrals to additional sources of information and expertise about educational issues. Directs the Library to maintain and publicize a toll-free telephone number for public inquiries. Directs the Library to deliver comprehensive reference services of various types on education-related subjects to Department employees, other Federal employees, and members of the general public, with first priority to Department employees' requests. Directs the Library to promote greater cooperation and resource-sharing among libraries and archives with significant collections in the area of education, through various means. Requires the Library to be administered by an Executive Director appointed by the Secretary from among persons with significant training or experience in library and information science. Transfers to the Library all functions of the Department's: (1) Research Library; (2) Reference Section; (3) Information Branch; and (4) Information Technology Branch (except those relating to automatic data processing and other electronic equipment used for Department internal administrative purposes). Directs the Library, within 90 days after enactment of this Act, to promulgate a comprehensive collection development policy to govern its operations, acquisitions, and services to users. Sets forth required components of such policy. Directs the Executive Director, on the basis of such policy, to develop a multiyear plan for elimination of cataloging arrearages and for response to preservation needs.
Bill· HRH.R. 4027 (102nd)open
United States · United States Congress · 26 November 1991
Indian Housing Demonstration Project Act of 1991 - Directs the Secretaries of the Interior and of Housing and Urban Development (Secretaries) (HUD) to carry out a program to demonstrate the effectiveness of permitting Indian tribes (through the tribal government) to determine the housing needs of tribal members and the appropriate use of Federal housing assistance provided to the Indian tribe. Requires: (1) the Secretaries, upon the selection of an Indian tribe for participation in such program, to permit the Indian tribal government to consolidate assistance received by the Tribe under specified programs for use under the demonstration program; and (2) the Secretary of HUD to authorize the Indian tribal government to receive any assistance under such programs that would be provided under the programs to the Indian housing authority of the Tribe. Directs the Secretary of HUD to transfer to each participating Indian tribe under the demonstration program, all rights, titles, and interests of the United States and any Indian housing authority of the Tribe, in any housing projects and housing units for Indian families on Indian reservations and other Indian areas of the tribe, subject to a reversion right agreement. Prohibits an Indian Tribe from being selected to participate in the demonstration program unless the Tribe has submitted a plan in compliance with this Act. Requires an Indian tribe participating in the demonstration program to receive annual contributions (to the extent amounts are provided in appropriations Acts) for each fiscal year beginning after the Indian tribe is selected to participate in the demonstration program in an amount equal to the amount of such assistance received by the Indian housing authority of the Tribe in the last fiscal year beginning before such Tribe was selected. Authorizes the Secretaries to waive provisions of any Federal law, regulations, policies, or procedures to enable the participating Indian tribe to implement its plan under this Act. Directs the Secretaries to establish procedures and deadlines for Indian tribes to submit applications for participation in the demonstration program. Requires the Secretaries to: (1) select a minimum of five to a maximum of ten Indian tribes (which shall include the Jicarilla Apache tribe of New Mexico) to participate in such program; and (2) establish criteria for the selection process. Requires the Secretary of HUD to provide a grant to each participating Indian tribe for administrative expenses. Authorizes appropriations. Authorizes an Indian tribe to terminate its participation in the program, after a five-year period, by notifying the Secretaries in writing of such termination. Ceases any waiver provided for the Indian tribe under this Act, upon the termination. Prohibits such termination from affecting an Indian tribe's eligibility for assistance or the amount of it provided by programs specified under this Act. Directs the Secretary of HUD to recapture any grant amounts received by the Indian tribe that remains unobligated upon the termination of such participation. Requires the Secretaries to: (1) report to the Congress on the activities carried out under this Act by participating Indian tribes; and (2) evaluate the effectiveness of such activities.
Bill· HRH.R. 4022 (102nd)referred
United States · United States Congress · 26 November 1991
Enterprise Communities Incentives Act of 1991 - Declares it to be the purpose of this Act to establish a demonstration program of incentives for the creation of tax enterprise zones in order to: (1) revitalize economically and physically distressed areas; (2) promote meaningful employment for zone residents; and (3) encourage individuals to reside in the zones in which they are employed. Title I: Designation and Tax Incentives - Amends the Internal Revenue Code to provide for the designation of tax enterprise zones by the Secretary of Housing and Urban Development during calendar years 1993 through 1996. Sets forth eligibility criteria for rural areas. Sets forth the eligibility criteria for such designation, including: (1) a population of not less than 4,000; (2) pervasive poverty, unemployment, and general distress; (3) a high unemployment rate; and (4) a required course of action designed to reduce the various burdens borne by employers or employees in the area. Provides that a course of action under private entities may not be federally funded and may include: (1) a reduction of tax rates or fees; (2) an increase in public services; (3) a reduction in government paperwork requirements; (4) business community commitments to provide jobs and job training; (5) special preference to minority contractors; (6) gifts of land for the operation of neighborhood businesses; (7) pooled health insurance; (8) loans by local financial institutions for business start-ups; and (9) special preference to low-income housing projects and private activity bonds. Allows an enterprise zone employment credit to small employers as a general business credit of ten percent of the qualified zone wages paid plus qualified zone employee health insurance costs. Allows such credit for the first five years of the employee's employment. Makes the rehabilitation credit available for buildings in the tax enterprise zone that are at least 30 years old. Provides a shorter recovery period (20 years) for nonresidential real property. Allows a 60-month amortization period (in lieu of depreciation) for child care facilities. Allows the deferral of capital gain for ten years if the gain is reinvested in tax enterprise zone property. Limits the dollar amount of deferred gain. Declares that loss on any qualified zone corporate investment shall be treated as an ordinary loss. Allows a deduction for the purchase of enterprise zone stock on the original issue by a qualified issuer. Limits such amount to $50,000 for any taxable year, or $250,000 during the taxpayer's lifetime. Increases the research credit for research conducted in tax enterprise zones. Increases the low-income housing credit for qualified buildings in a tax enterprise zone where a portion of such building is used as a qualified child care center. Increases such credit for low-income buildings in tax enterprise zones and the State housing credit ceiling for buildings in such zones. Sets forth incentives with respect to tax-exempt bond provisions for projects in tax enterprise zones. Provides a tax exemption for work-based education organizations in tax enterprise zones. Allows businesses a credit for work-based education contributions as part of the general business credit. Title II: Establishment of Foreign-Trade Zones in Tax Enterprise Zones - Requires enterprise zones to receive priority in the designation of foreign trade zones. Title III: Studies - Requires the Secretary of the Treasury and the Comptroller General each to report to the House Committee on Ways and Means and the Senate Committee on Finance on the effectiveness of the incentives provided by this Act in achieving its purposes. Title IV: Community-Based Crime Control and Alternatives for High-Risk Youth in Enterprise Zones - Directs the Attorney General, through the Bureau of Justice Assistance of the Department of Justice after specified consultations, to make grants to units of general local government that establish or expand community-oriented policing programs and complementary, comprehensive prevention efforts to reduce and prevent drug abuse and crime, particularly among youth and adolescents, offenders and other populations at high risk for involvement in drug abuse and crime. Authorizes appropriations. Title V: Housing and Community Development Activities in Enterprise Zones - Amends the Housing and Community Development Amendments of 1978 to direct the board of directors of the Neighborhood Reinvestment Corporation to appoint an Advisory Council for Neighborhood Development Initiatives to advise the board with respect to: (1) assistance to community development corporations for development activities in tax enterprise zones; (2) grants for housing and community development in such zones; and (3) activities for high-risk youth in such zones. Authorizes appropriations. Allows the sale of federally-held properties within tax enterprise zones to nonprofit and for-profit organizations at a price not exceeding 50 percent of the appraised value of such property. Requires such property to be used for housing, commercial enterprises, job training, or drug treatment. Title VI: Drug Exposed Children - Amends the Individuals with Disabilities Education Act to authorize supplemental grants to carry out demonstration programs for certain drug-exposed infants, toddlers, and children. Amends the Public Health Service Act to require that the clearinghouse for alcohol and drug abuse information collect and disseminate information and instructional materials regarding drug-exposed children. Provides for consultation and technical assistance to educational personnel regarding educational needs of such children. Authorizes appropriations. Authorizes the making of grants to institutions of higher education for teacher training for educating such children. Title VII: Substance Abuse Treatment Corps - Amends the Public Health Service Act to establish within the Public Health Service the Substance Abuse Treatment Corps to increase the availability of treatment for alcohol and drug abuse in geographic areas with a significant incidence of abuse and an inadequate availability of services. Allows the Secretary of Health and Human Services to carry out such purpose only through assigning Corps members to provide services for such areas. Allows the Secretary to assign a Corps member to an entity only if the entity, among other requirements, enters into an agreement with the Secretary regarding the allocation, between the Secretary and the entity, of costs relating to the assignment. Directs the Secretary to establish a program of entering into contracts with students in specified fields under which the students agree to serve in the Corps upon obtaining their degrees in consideration of the Federal Government's agreeing to pay tuition, other expenses, and a stipend. Applies, except as inconsistent, provisions relating to the National Health Service Corps Loan Repayment Program to this program. Directs the Secretary to establish a program of entering into contracts with individuals who have been licensed or certified in certain fields, or who are students in such fields, under which the individuals agree to serve in the Corps in consideration of the Federal Government's agreeing to repay up to a specified sum of educational loans of the individuals. Applies, except as inconsistent, provisions relating to the National Health Service Corps Loan Repayment Program to this program. Authorizes appropriations for the scholarship and loan repayment programs established by this Act. Title VIII: Drug-Free Schools Emergency Target Grants - Amends the Drug-Free Schools and Communities Act of 1986 to revise provisions with respect to emergency grants to authorize the Secretary to make drug-free schools emergency target grants to eligible local educational agencies (LEAs) and consortia of LEAs (currently, limited to LEAs) that: (1) demonstrate significant need for additional assistance for purposes of reducing and preventing drug and alcohol use and drug-related crime among students served by such agencies (currently, to combat drug and alcohol use among such students, and excludes the following provisions); (2) support projects that require cooperative linkages between schools and communities to reduce and prevent drug and alcohol use among schoolchildren; (3) demonstrate the most effective approaches to reducing and preventing drug and alcohol use among schoolchildren; and (4) promote the goal that every school in America will be free of drugs and violence and will offer a discipined environment conductive to learning. Specifies: (1) authorized activities by LEAs with grant funds; and (2) eligibility and application requirements for such grants by LEAs and consortia of LEAs. Directs the Secretary, in awarding grants, to give special preference to applications that: (1) hold particular promise for reducing and preventing the incidence of drug and alcohol use and drug-related violence in elementary and secondary schools; (2) are based on a rigorous and comprehensive research design; and (3) have demonstrated that they will integrate the resources of families, community groups, and the media into an effective, community-based assault on drug and alcohol use in schools. Requires the Secretary to conduct an evaluation of this program. Sets forth provisions with respect to: (1) grant amounts and distribution of funds; and (2) set-asides from appropriations to conduct such evaluation, provide training and technical assistance to LEAs, and disseminate the results of the program. Authorizes appropriations. Requires a local or intermediate educational agency or consortium to include in any application to the State educational agency for a drug and alcohol abuse prevention grant a statement of how any emergency target grants funded by the Government under this Act are integrated into the overall prevention plan set forth in the application. Title IX: Medicaid Coverage for Pregnant Women and Family Members - Amends title XIX (Medicaid) of the Social Security Act to provide federally reimbursed Medicaid coverage of alcoholism and drug dependency residential treatment services for pregnant women whose family income is below 185 percent of the Federal poverty level and for their Medicaid-eligible children and spouses. Lists the required services included in such coverage as: (1) individual, group, and family counseling and addiction education and treatment; (2) room and board in a structured environment with on-site supervision 24 hours a day; (3) child day health services; (4) parental assistance in obtaining developmental assistance for their preschool children and public education for themselves and their school-age children; (5) easier access to apppropriate health, social, and child care services; and (6) planning and assistance in reentering society. Requires that such coverage continue for at least 12 months (unless such coverage is found to be no longer therapeutically necessary), except that the coverage of pregnant women must continue for one year following the end of pregnancy. Limits the size of a residential treatment facility to no more than 40 beds, except under prescribed conditions.
Bill· HRH.R. 4012 (102nd)referred
United States · United States Congress · 26 November 1991
Homeowners Assistance Program Improvement Act - Makes members of the armed forces involuntarily separated from active duty before October 1, 1995, eligible for homeowners assistance provided under the Demonstration Cities and Metropolitan Development Act of 1966 if such member: (1) is the owner-occupant of a dwelling on the date of separation or vacated such dwelling as a result of being ordered into on-post housing within six months before such date; (2) relocates beyond normal commuting distance of the owned dwelling within five years after such separation or is unemployed during all or part of such period and unable to meet mortgage payments and related expenses; and (3) applies for the assistance within the period established by the Secretary of Defense. Requires the member, in order to be eligible for such assistance, to offer the property for sale in the open market for at least six months at a price equal to the fair market value of the property. Requires the Secretary to use the fair market value of the property at the time of involuntary separation in determining the amount of assistance to be provided. Amends Federal veterans' benefits provisions to automatically guarantee a loan made to a veteran who is involuntarly separated before October 1, 1995, for a down payment on the purchase or construction of a dwelling or farm residence. Places: (1) conditions on the guarantee of such loan, including restrictions setting a specified ceiling on the interest rate of such loan, requiring the loan to be secured by the dwelling or farm residence; and (2) limits on the extension of such loan. Authorizes identical loan guaranty entitlement to involuntarily separated veterans receiving a loan to refinance an existing loan that was made for the purchase of, and was secured by, a manufactured home and to purchase the lot on which the home is placed. Authorizes the Secretary of Veterans Affairs, in the case of either type of loan guarantee, to provide a preliminary loan guaranty certificate or other evidence of guaranty up to 60 days before settlement, and to extend such guaranty in 60-day increments such that the total period covered by such guaranty does not exceed one year.
Bill· HRH.R. 3933 (102nd)referred
United States · United States Congress · 26 November 1991
Title I: Safety and Soundness - Subtitle A: Deposit Insurance Funds - Amends the Federal Deposit Insurance Act (FDIA) with respect to: (1) credit available to the Federal Deposit Insurance Corporation (FDIC); (2) limits on the outstanding borrowing of the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF); (3) repayment schedules; and (4) borrowing for BIF from BIF members. Subtitle B: Supervisory Reforms - Provides for: (1) mandatory annual on-site examinations and independent annual audits of all insured depository institutions; (2) assessments to cover the cost of such examinations; (3) examination and supervision fees for national banks and savings associations; and (4) application to the FDIC for deposit insurance. Subtitle C: Accounting Reforms - Prescribes accounting objectives, standards, and requirements for reports and other statements required to be filed with Federal banking agencies by insured depository institutions. Requires reports of condition to include small business loan data. Prescribes the contents of financial condition reports by large institutions engaged in interstate banking. Subtitle D: Prompt Regulatory Action - Requires: (1) the FDIC and each Federal banking agency to establish a prompt regulatory action system; and (2) each Federal banking agency to establish safety and soundness standards for the management and operation of insured depository institutions and depository institution holding companies. Requires undercapitalized institutions to submit restoration plans to the appropriate Federal agency, or face specified administrative action. Revises conditions and procedures for the appointment of conservators or receivers for insured national and State depository institutions. Subtitle E: Least-Cost Resolution - Requires any FDIC financial assistance to an insured depository institution to be the approach least costly to the appropriate insurance fund. Amends the Federal Reserve Act to set limits on the use of liquidity lending for deposit insurance fund purposes. Amends the FDIA to require the FDIC, upon providing financial assistance to a troubled insured depository institution, to: (1) remove the institution's board of directors; and (2) repudiate any shareholder's claim against the institution with respect to any share or capital investment as though the institution had been closed. Declares that it is the sense of the Congress that the Federal banking agencies should facilitate early resolution of troubled institutions whenever feasible if it would have the least possible long-term cost to the deposit insurance fund, consistent with the least-cost and prompt regulatory action provisions of the FDIA. Subtitle F: Federal Insurance for State Chartered Depository Institutions - Uniform Depositor Protection Act of 1991 - Requires Federal deposit insurance for State chartered banks, savings associations, and credit unions. Subtitle G: Technical Corrections - Sets forth technical corrections to the FDIA. Title II: Regulatory Improvement - Subtitle A: Regulation of Foreign Banks -Foreign Bank Supervision Enhancement Act of 1991 - Amends the International Banking Act (IBA) to require prior approval of the Federal Reserve Board before any foreign bank may establish a branch, agency, or representative office in the United States. Authorizes the Board to terminate such branches or agencies under certain circumstances. Provides for Board examination of such branches or agencies. Amends the FDIA to revise requirements for the reporting of stock loans. Amends the IBA to provide for cooperation of Federal banking agencies with foreign banking supervisory agencies. Sets forth civil money and criminal penalties for violations of such Act. Subtitle B: Customer and Consumer Provisions - Directs the Federal Financial Institutions Examination Council to study and report to the Congress on the Federal regulatory burdens imposed on insured depository institutions. Requires Federal banking agencies to implement the report's recommendations. Amends the Community Reinvestment Act with respect to discussions of lending data. Amends the enforcement provisions of the Equal Credit Opportunity Act. Makes conforming amendments to the Home Mortgage Disclosure Act (HMDA) and the Expedited Funds Availability Act (EFAA). Amends the Electronic Fund Transfer Act to prohibit certain deceptive practices involving preauthorized account transfers. Amends the EFAA with respect to deposits at nonproprietary automated teller machines. Amends the FDIA to require any insured depository institution proposing to close any branch to notify the appropriate Federal banking agency by a certain deadline. Subtitle C: Bank Enterprise Act - Bank Enterprise Act of 1991 - Directs the Federal Reserve Board and the FDIC to establish minimum requirements, according to specified guidelines, for accounts providing basic transaction services for consumers at insured depository institutions in order for such accounts to qualify as lifeline accounts. Provides for reduced assessment rates for lifeline account deposits. Establishes the Community Enterprise Assessment Credit Board to establish procedures for accepting and considering applications by insured depository institutions for such assessment credits. Directs the Credit Board to issue guidelines according to specified criteria to determine community enterprise assessment credits for: (1) eligible insured depository institutions providing financial assistance to low- and moderate-income clients in distressed communities; (2) small business developers; and (3) nonprofit developers. Outlines the criteria under which an insured depository institution shall be treated as either a community development organization or a bank. Subtitle D: FDIC Property Disposition - Amends the FDIA to direct the FDIC to conduct an affordable housing program under which it sells at a discount certain residential and condominium properties to nonprofit organizations, public agencies, and eligible households. Authorizes the FDIC to provide loans to purchasers to facilitate such sales. Subtitle E: Whistleblower Protections - Amends the FDIA to establish additional whistleblower protections for employees of troubled depository institutions. Subtitle F: Truth in Savings - Truth in Savings Act - Sets forth requirements for depository institutions to: (1) disclose interest rates, terms of account, and specified information about certain accounts; (2) maintain account schedules; and (3) distribute account schedules to certain persons. Provides for Federal Reserve Board regulations, administrative enforcement of this Act, and civil penalties for its violation. Title III: Federal Deposit Insurance Reform - Subtitle A: Activities - Amends the FDIA with respect to: (1) limitations on brokered deposits and deposit solicitations; (2) risk-based assessments; (3) certain restrictions on insured State bank activities; (4) certain restrictions on real estate lending; (5) capital standards and interest rate risk; (6) safeguards against insider abuse; (7) FDIC back-up enforcement authority; and (8) interbank liabilities. Subtitle B: Coverage - Amends the FDIA with respect to: (1) deposit and pass-through insurance; (2) prohibition of Federal insurance payments on foreign deposits; and (3) the penalty for false assessments reports. Subtitle C: Demonstration Project and Studies - Directs the FDIC to study and report to the Congress on the feasibility of: (1) authorizing insured depository institutions to offer both insured and uninsured deposit accounts; and (2) establishing a private reinsurance system. Subtitle D: Credit Unions - Amends the Federal Credit Union Act with respect to: (1) the pledge of the full faith and credit of the United States to the obligation to pay insured credit union accounts; (2) investment in other financial institutions; (3) the National Credit Union Share Insurance Fund; (4) authority of the National Credit Union Administration Board to place federally chartered State credit unions into liquidation; (5) the Central Liquidity Facility; (6) prohibitions on loans or guarantees to private share insurers; and (7) repeal of credit union authority to borrow from Farm Credit Banks.
Bill· HRH.R. 4033 (102nd)referred
United States · United States Congress · 26 November 1991
Amends the Internal Revenue Code to make the tax on prohibited transactions inapplicable to a home equity participation arrangement. Describes such arrangement as one in which the eligible participant in an individual retirement plan directs the trustee of such plan to acquire an ownership interest in all or part of any dwelling unit which within a reasonable period of time (determined at the time the arrangement is executed) is to be used as the principal residence for a first-time homebuyer. Requires such ownership interest to be a fee interest which requires full repayment. Describes the first-time homebuyer as an eligible participant or a qualified family member (child, parent, grandparent, or spouse) who had no present ownership interest in a principal residence during the 36-month period before the date of the arrangement. Allows the use of amounts in an individual retirement plan to make loans to purchase a home for a first-time homebuyer on behalf of an eligible participant or a qualified family member. Requires the repayment of first-time homebuyer loans within 15 years.
Bill· HRH.R. 3936 (102nd)referred
United States · United States Congress · 26 November 1991
Housing for All Americans Act of 1991 - Title I: Policies and General Provisions - Confirms national housing goals. Title II: Self-Help Rent Certification Program - Establishes a self-help rent certification program. Title III: Family Self-Sufficiency Program - Establishes a family self-sufficiency program. Title IV: Termination of Housing Programs - Terminates specified housing and related programs. Title V: Transition Provisions Relating to Public Housing - Sets forth public housing program transition provisions. Title VI: Preservation of Low-Income Housing - Provides increased funds for the self-help rent certification program. Title VII: Other Housing-Related Programs - Amends the Internal Revenue Code to terminate after FY 1992: (1) the low-income housing credit; (2) multifamily housing bonds; and (3) qualified small issue bonds.
Bill· HJRESH.J.Res. 383 (102nd)open
United States · United States Congress · 26 November 1991
Expresses the consent of the United States to certain amendments adopted by the State of Hawaii to the Hawaiian Homes Commission Act, 1920.
Resolution· HCONRESH.Con.Res. 257 (102nd)referred
United States · United States Congress · 26 November 1991
Expresses the sense of the Congress that the changes made to the Federal single family housing mortgage insurance program should be reexamined to determine their effects upon housing affordability, the Mutual Mortgage Insurance Fund, and the Federal Housing Administration loan portfolio.
Bill· SS. 2042 (102nd)open
United States · United States Congress · 25 November 1991
Tax Extension Act of 1991 - Title I: 6-Month Extension of Certain Expiring Tax Provisions - Amends the Internal Revenue Code to extend for six months the following expiring provisions: (1) the rules on allocating research and experimental expenditures in determining income from sources within or without the United States; (2) the credit for increasing research activities; (3) the tax exclusion for employer-provided educational assistance; (4) the tax exclusion for employer-provided group legal services plans; (5) the targeted jobs credit; (6) the energy investment credit for solar and geothermal property; (7) the low-income housing credit; (8) the authority to issue mortgage revenue bonds and mortgage credit certificates; (9) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (10) the itemized deduction for health insurance costs of self-employed individuals; (11) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; and (12) the tax credit for charitable contributions of appreciated tangible property. Title II: Modification to Corporate Estimated Tax Provisions - Provides for a temporary increase (taxable years beginning after 1991 and before 1997) in the amount of installment payments in the case of corporations that underpay estimated taxes.
Law· HRH.R. 3909 (102nd)enacted
United States · United States Congress · 25 November 1991
Tax Extension Act of 1991 - Title I: 6-Month Extension of Certain Expiring Tax Provisions - Amends the Internal Revenue Code to extend for six months the following expiring provisions: (1) the rules on allocating research and experimental expenditures in determining income from sources within or without the United States; (2) the credit for increasing research activities; (3) the tax exclusion for employer-provided educational assistance; (4) the tax exclusion for employer-provided group legal services plans; (5) the targeted jobs credit; (6) the energy investment credit for solar and geothermal property; (7) the low-income housing credit; (8) the authority to issue mortgage revenue bonds and mortgage credit certificates; (9) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (10) the itemized deduction for health insurance costs of self-employed individuals; (11) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; and (12) the tax credit for charitable contributions of appreciated tangible property. Title II: Modification to Corporate Estimated Tax Provisions - Provides for a temporary increase (taxable years beginning after 1991 and before 1997) in the amount of installment payments in the case of corporations that underpay estimated taxes.
Bill· HRH.R. 3874 (102nd)referred
United States · United States Congress · 22 November 1991
Low-Income Housing Revitalization Act - Amends Internal Revenue Code (IRC) provisions relating to the low-income housing credit to increase the credit from four percent to nine percent with respect to new buildings that are federally subsidized. Extends the low-income housing credit permanently. Amends IRC accounting provisions to exempt low-income housing credit activities from limitations on passive losses. Revises the accelerated cost recovery system in connection with low-income residential rental property to reduce the applicable recovery period from 27.5 to 20 years. Disallows an income tax deduction for any expense relating to residential rental units unless such units are suitable for occupancy. Excludes deductions for business expenses, interest on indebtedness, and taxes from calculations to determine the passive loss limitation in connection with rental real estate activity relating to a qualified low-income housing project in which a noncorporate taxpayer actively or materially participates.
Bill· HRH.R. 3867 (102nd)referred
United States · United States Congress · 22 November 1991
Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 - Title I: Resolution Trust Corporation Refinancing - Amends the Federal Home Loan Bank Act to provide additional interim funding for the Resolution Trust Corporation (RTC) until April 1, 1992. Amends the Federal Deposit Insurance Act to modify the terms under which the RTC shall be appointed receiver of a failed depository institution by the Director of the Office of Thrift Supervision. Amends the Federal Home Loan Bank Act to extend the receivership duties of the RTC. Title II: Restructuring and Improvement of the Resolution Trust Corporation - Modifies the guidelines for staffing the RTC. Establishes the office of chief executive officer of the RTC to be appointed by the President with the advice and consent of the Senate. Directs the Oversight Board to review overall strategies, policies, and goals established by the RTC for its activities. (Currently the Oversight Board establishes such strategies and goals.) Declares that the RTC shall be managed by its Board of Directors. Outlines the powers of the chief executive officer of the RTC. Title III: Minorities, Women, and Small Business Provisions - Sets forth guidelines for increased participation of minorities and women in the contracting process applied by the RTC. Authorizes the RTC to make available to any minority or women's depository institution the operation of a failed savings institution located in a predominantly minority neighborhood. Amends the Community Reinvestment Act to extend community investment credit to any depository institution which makes one of its branches in a predominantly minority neighborhood available to a minority or women's depository institution under certain circumstances. Amends the Federal Home Loan Bank Act to authorize the RTC, under certain circumstances, to provide assistance for minority-owned depository institutions and minority investors for the acquisition of any savings association for which it has been appointed conservator or receiver. Declares that a certain minority interim capital assistance program established by the Oversight Board is hereby established by law. Directs the RTC to provide assistance under such program for minority-owned depository institutions and minority investors for the acquisition of any savings association for which the RTC has been appointed conservator or receiver, and which before such appointment was not a minority-owned association. Extends the period for repayment of capital assistance under such program. Mandates an annual goal for the RTC that presents the maximum practicable opportunity for small business concerns (and those operated by socially and economically disadvantaged individuals) to participate in the performance of RTC contract awards. Title IV: Miscellaneous Housing Provisions - Amends the Federal Home Loan Bank Act to empower the RTC to develop risk sharing structures and other credit enhancements with respect to eligible residential properties in order to assist in the provision of property ownership, rental, and cooperative housing opportunities for lower- and moderate-income families. Requires the RTC to study and report to the Congress on the feasibility and efficacy of providing credit enhancements with respect to tax-exempt bonds issued on behalf of nonprofit organizations with respect to the disposition of eligible residential properties. Directs the Secretary of Housing and Urban Development to consider and accept a specified final statement of community development objectives and projected use of funds which the city of Petersburg, Virginia, is authorized to submit in connection with a grant under the Housing and Community Development Act of 1974. Title V: Resolution Trust Corporation Affordable Housing Program - Amends the Federal Home Loan Bank Act to prescribe guidelines for the disposition of eligible residential property (including condominiums) acquired by the RTC in its capacity as conservator or receiver and earmarked for lower-income occupancy. Authorizes the RTC to transfer such properties to qualifying households and for-profit entities for lower-income use, as well as to certain nonprofit organizations and public agencies. Requires the RTC to report semiannually to the Congress regarding the disposition of such properties. Sets forth a risk-weighted classification scheme for single family and multi-family housing loans.
Bill· HRH.R. 3861 (102nd)referred
United States · United States Congress · 21 November 1991
Directs the Secretary of Education to provide demonstration grants to secondary schools to extend the length of the academic year for three consecutive years at such schools to not fewer than 200 academic days, with each such day consisting of not fewer than seven hours of actual instruction. Allows such grants to extend over a period of not more than three fiscal years. Makes grant payments subject to annual approval by the Secretary and availability of fiscal year appropriations. Sets forth application requirements, including a 20 percent non-Federal match with good-faith exceptions. Sets forth selection requirements, including, to the extent practicable, schools that: (1) have a high percentage of students from single-parent homes or homes where both parents work; (2) are located in economically depressed communities with high percentages of individuals with alcohol and other drug abuse problems and individuals involved in gang activities; and (3) are equitably distributed among various regions and among rural and urban areas. Provides for selection of replacement schools in cases of noncompliance. Requires notification of the participating secondary schools' State and local education agencies. Directs the Secretary to study the effects of such academic year extension under such program, including: (1) a test to measure learning retention; (2) effects on the learning process in general, including increased daily attendance, parental involvement, postsecondary attendance, positive behavorial and social skills, and reduced alcohol and other drug abuse, gang-related activities, and drop-out rate; and (3) the extent the program is believed to be successful by the participating students, teachers, parents, and State and local educational agencies. Requires the Secretary to submit a preliminary and a final report to the Present, the Congress, and each State educational agency of secondary schools receiving such grants. Authorizes appropriations.
Law· HRH.R. 3839 (102nd)enacted
United States · United States Congress · 21 November 1991
Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1992 - Title I: Department of Labor - Department of Labor Appropriations Act, 1992 - Makes appropriations for FY 1992 for the following agencies within the Department of Labor: (1) Employment and Training Administration; (2) Labor-Management Services; (3) Pension Benefit Guaranty Corporation; (4) Employment Standards Administration; (5) Occupational Safety and Health Administration; (6) Mine Safety and Health Administration; (7) Bureau of Labor Statistics; and (8) departmental management. Prohibits the use of funds to grant variances, interim orders, or letters of clarification to employers which will allow exposure of workers to chemicals or other workplace hazards in excess of existing Occupational Safety and Health Administration standards for the purpose of conducting experiments on workers' health and safety. Directs the Secretary of Labor, acting under the Occupational Safety and Health Act of 1970, to promulgate a final occupational health standard concerning occupational exposure to bloodborne pathogens. Requires the final standard to be based on the proposed standard concerning occupational exposures to the hepatitis B virus, the human immunodeficiency virus and other bloodborne pathogens. Title II: Department of Health and Human Services - Department of Health and Human Services Appropriations Act, 1992 - Makes appropriations for FY 1992 for the following agencies within the Department of Health and Human Services: (1) Health Resources and Services Administration; (2) Centers for Disease Control; (3) National Institutes of Health; (4) Alcohol, Drug Abuse, and Mental Health Administration; (5) Assistant Secretary for Health; (6) Agency for Health Care Policy and Research; (7) Health Care Financing Administration; (8) Social Security Administration; (9) Administration for Children and Families; (10) Human Development Services; and (11) Office of the Secretary. Directs the Secretary of Health and Human Services to make available through assignment not more than 60 employees of the Public Health Service to assist in child survival activities and to work in AIDS programs through and with funds provided by the Agency for International Development, the United Nations International Children's Emergency Fund, or the World Health Organization. Prohibits the use of funds to pay for any experiment, or other activity that presents a danger to the physical, mental, or emotional well-being of a human participant or subject without written, informed consent of the participant or subject (or their parents or legal guardian, if they are under 18 years old). Prohibits any of the funds appropriated in this title for the National Institutes of Health and the Alcohol, Drug Abuse, and Mental Health Administration from being used to pay the salary of an individual, through a grant or extramural mechanism, at a rate in excess of $125,000 per year. Prohibits the use of funds by the National Institutes of Health, or any other Federal agency, or recipient of Federal funds on any project that entails the capture or procurement of chimpanzees obtained from the wild. Makes funds available to the Office of the Director, National Institutes of Health (NIH) for extramural facilities construction grants if awarded competitively. Authorizes the Director to make available one percent of all NIH appropriations to high-priority activities. Prohibits such appropriations from being increased or decreased by more than the one percent by such transfers. Requires the Secretary of Health and Human Services to determine quarterly the extent to which contingency funds may be necessary for management of certain social security hospital and medical insurance trust funds. Prohibits the use of funds to perform abortions except where the life of the mother would be endangered if the fetus were carried to term. Reduces travel expenses for the Department and requires reduction for travel costs to be from amounts set forth in budget estimates submitted for appropriations. Permits the Director of NIH to transfer a portion of funds which become available on September 30, 1992, to other Institutes for cancer research if deemed appropriate. Directs the National Cancer Institute to establish a Matsunaga-Conte Prostate Cancer Research Center with funds provided under this Act. Prohibits the use of funds to conduct the SHARP survey of adult sexual behavior and the American Teenage Survey of adolescent sexual behavior. Provides additional funding for the National Institute on Aging. Permits the Director of NIH to transfer a portion of such funds as deemed appropriate to other Institutes for research directly related to Alzhelimer's disease. Makes funds available for information resource management. Reduces funds appropriated for the Office of Inspector General. Extends the moratorium against foster care cuts resulting from Federal compliance rules. Amends the Public Health Service Act to increase the number of board members of the National Foundation for Biomedical Research. Title III: Department of Education - Department of Education Appropriations Act, 1992 - Makes appropriations for FY 1992 for the following purposes and agencies within the Department of Education: (1) compensatory education for the disadvantaged; (2) impact aid; (3) school improvement programs; (4) bilingual and immigrant education; (5) educational excellence; (6) rehabilitation services and handicapped disability research including the Helen Keller National Center); (7) special institutions for persons with disabilities including the American Printing House for the Blind, the National Technical Institute for the Deaf, and Gallaudet University; (8) vocational and adult education; (9) student financial assistance; (10) guaranteed student loans (liquidation of contract authority); (11) higher education; (12) Howard University; (13) higher education facilities loans; (14) college housing and academic facilities loans; (15) education research, statistics, and improvement; (16) libraries; (17) departmental management; and (18) special education. Sets forth general provisions relating to auditing of certain institutions and to prohibitions on use of funds for certain forms of busing, other transportation, or transfers of students for purposes of desegregation. Prohibits the use of funds to prevent the implementation of programs of voluntary prayer and meditation in the public schools. Makes funds available for civic education programs and emergency grants. Provides for the transfer of educational excellence funds to the Community and Migrant Health Centers program, Comprehensive Child Development Centers, and new America 2000 educational excellence activities, if enacted into law. Provides that the deadline for enacting new authorization for the America 2000 initiatives may be delayed until April 1, 1992, if it is determined that sufficient progress is being made towards final approval of such legislation, except that this delay does not apply to programs administered by Department of Health and Human Services. Makes funds available for tribally controlled postsecondary vocational institutions. Makes funds available for the college housing and academic facilities loans program. Makes funds available the National Clearinghouse for Science and Mathematics, regional consortia, star schools, and territorial teacher training. Makes funds available for a biotechnology information education demonstration project under the Higher Education Act. Amends the Higher Education Act of 1965 to authorize the Commission on Responsibility for Financing Post-Secondary Education to accept, use, and dispose of money, gifts or donations of services or property. Title IV: Related Agencies - Makes appropriations for FY 1991 for the following agencies: (1) ACTION; (2) Corporation for Public Broadcasting; (3) Federal Mediation and Conciliation Service; (4) Federal Mine Safety and Health Review Commission; (5) National Commission on Acquired Immune Deficiency Syndrome; (6) National Commission on Libraries and Information Science; (7) National Commission to Prevent Infant Mortality; (8) National Council on Disability; (9) National Labor Relations Board; (10) National Mediation Board; (11) Occupational Safety and Health Review Commission; (12) Physician Payment Review Commission; (13) Prospective Payment Assessment Commission; (14) Railroad Retirement Board; (15) United States Institute of Peace; (16) Soldiers' and Airmen's Home; (17) United States Naval Home; and (18) the National Commission on Children. Title V: General Provisions - Prohbits the use of funds to pay student assistance or any remuneration to an applicant for admission, student, teacher, or other employee of an institution of higher education if such individual has engaged in conduct on or after August 1, 1969, which involves the use of force (or assistance to others in such use) or the threat of force or the seizure of a property under the control of an institution of higher education, to require or prevent the availability of certain curricula, or to prevent such institution's faculty, administrative officials, or students from engaging in their duties or pursuing their studies. Requires that sums necessary for FY 1992 pay raises for programs funded by this Act be absorbed within the levels appropriated in this Act. Reduces funds appropriated under this Act for salaries and expenses, including certain travel costs. Appropriates additional funds for the Occupational Safety and Health Review Commission and the Federal Mines Safety and Health Review Commission for salaries and expenses. Delays the obligations of funds under the Child Care and Development Block Grant Act until September 30, 1992.
Resolution· SRESS.Res. 226 (102nd)passed
United States · United States Congress · 20 November 1991
Continues the membership of Senator Chafee on the Senate Committee on Banking, Housing, and Urban Affairs until the convening of the Second Session of the 102d Congress.
Bill· HRH.R. 3824 (102nd)referred
United States · United States Congress · 20 November 1991
Real Estate Recovery Act of 1991 - Title I: Resolution Trust Corporation Refinancing - Resolution Trust Corporation Refinancing Act of 1991 - Amends the Federal Home Loan Bank Act to provide additional funding to the RTC to complete the resolution of failed thrifts. Increases the RTC working capital borrowing limit. Amends the Federal Deposit Insurance Act to extend until September 30, 1993, the period during which the Office of Thrift Supervision must appoint the RTC as conservator or receiver of failed thrifts. Title II: Restructuring of the Oversight Board and the Resolution Trust Corporation - Resolution Trust Corporation Restructuring Act of 1991 - Amends the Federal Home Loan Bank Act to limit the accountability of the Oversight Board to the performance of its duties under such Act. Revises the composition of the Board. Authorizes the RTC to develop and establish overall goals and policies and authorizes the Board to review and require modification of such goals and policies. Provides for the management of the RTC by its Board of Directors instead of the FDIC. Revises the composition of the RTC Board of Directors. Revises RTC personnel provisions with respect to the use of FDIC employees. Provides for the appointment of a chief executive officer to the RTC by the Oversight Board. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to provide for the rights of FDIC employees assigned to the RTC at the time of its termination. Authorizes the Oversight Board to remove the RTC Board of Directors for cause and to appoint a new Board of Directors. Title III: Reduction in Capital Gains Tax for Individuals - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers. Amends the Internal Revenue Code to eliminate the age requirement (55 years or older) and years-of-residency requirement for eligibility with respect to the one-time income tax exclusion of gain from the sale of a residence. Title IV: Credit for Purchase of New Principal Residence - Amends the Internal Revenue Code to allow a tax credit for the purchase of a principal residence of five percent of the purchase price of such residence. Limits such credit to $2,000. Makes such credit applicable to new principal residences acquired after October 31, 1991, and before November 1, 1992. Title V: Enterprise Zones - Subtitle A: Designation -Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Subtitle B: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Subtitle C: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Subtitle E: Repeal of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987. Title VI: Appraisal Requirements and RTC and FDIC Inventory Property - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to extend until July 1, 1992, the requirement for State certified or licensed appraisers in connection with federally-related appraisals. Requires the Secretary of Housing and Urban Development to annually study the real estate market conditions within local market areas to determine whether the sale of inventory property by the Resolution Trust Corporation (RTC) and the Federal Deposit Insurance Corporation (FDIC) is affecting or will affect the value of real estate within such areas. Directs the RTC and FDIC, upon a positive determination by the Secretary, to withhold from sale or other disposition any inventory properties within the affected market areas. Title VII: Tax-Free Withdrawals From Individual Retirement Accounts for First Home Purchases - Allows penalty-free distributions from individual retirement accounts of up to 25 percent of the account limit for first-time homebuyers. Title VIII: Treatment of Rental Property Operations Under Passive Loss Rules - Amends the Internal Revenue Code to provide for the treatment of rental and nonrental real estate activities under the limitations on losses from passive activities. Title IX: Investment Tax Credit - Amends the Internal Revenue Code to allow a business expense deduction for up to $250,000 (currently, $10,000) of depreciable business assets if property is used as an integral part of manufacturing, production, or extraction. Reduces such allowance by the amount by which the cost of such property exceeds $1,000,000 (currently, $200,000) for a taxable year. Excludes such depreciation deduction from the alternative minimum tax. Title X: Freeze on Banks' Total Capital Standard - Declares that the minimum amount of total capital which any insured depository institution may be required to maintain shall not exceed 7.25 percent of the total assets of such institution. Title XI: Clarification of Treatment of Certain FSLIC Financial Assistance - Requires that, except in specified instances, FSLIC assistance be taken into account when determining losses or bad debts of savings and loans institutions (thus denying income tax deductions for losses or bad debts to the extent such assistance has compensated for them). Describes FSLIC assistance as money or property provided to a domestic building and loan association by the Federal Savings and Loan Insurance Corporation, the FSLIC Resolution Fund, or the Resolution Trust Corporation.
Bill· HRH.R. 3829 (102nd)referred
United States · United States Congress · 20 November 1991
Amends the Internal Revenue Code to allow an income tax deduction for up to $4,000 of cash contributions to a housing savings account established for the benefit of the taxpayer for the exclusive purpose of purchasing the taxpayer's first principal residence. Limits total deductions to $15,000. Prohibits an individual from being a beneficiary of more than one account. Requires contributions to be made for five consecutive taxable years. Excludes account distributions from gross income if they are used exclusively for the purchase of a first principal residence. Imposes penalties in the form of additional taxes on excess contributions to an account or when account funds or distributions are used for other than the legitimate purposes for which the account was established. Requires the account trustee to report to the Secretary of the Treasury and to the account's beneficiary on the maintenance of the account. Imposes a penalty for failure to file required reports. Exempts an account from taxation (except for the tax on unrelated business income of a charitable organization), unless the beneficiary engages in specified prohibited transactions in connection with it.
Bill· SS. 1984 (102nd)open
United States · United States Congress · 19 November 1991
Consumer Confidence and Financial Flexibility Act of 1991 - Amends the Internal Revenue Code to allow penalty-free withdrawals from qualified retirement plans beginning on the date of the enactment of this Act and ending on December 31, 1992, to purchase or improve real property or to purchase durable goods. Restricts such withdrawals to individuals whose adjusted gross income for 1991 does not exceed: (1) $100,000 in the case of married individuals filing a joint return; (2) $50,000 in the case of a married individual filing a separate return; and (3) $75,000 in the case of any other taxpayer. Limits the aggregate amount which may be treated as qualified withdrawals with respect to all plans of an individual to $10,000. Requires the inclusion of withdrawn amounts in gross income ratably over a four-year period. Provides for one-year extensions of the following: (1) rules governing the allocation of research and experimental expenditures; (2) the low-income housing credit; (3) the authority to issue mortgage revenue bonds and mortgage credit certificates; and (4) the targeted jobs credit.
Bill· HRH.R. 3805 (102nd)referred
United States · United States Congress · 19 November 1991
Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 - Title I: Resolution Trust Corporation Refinancing - Amends the Federal Home Loan Bank Act to provide additional interim funding for the Resolution Trust Corporation (RTC). Amends the Federal Deposit Insurance Act to modify the terms under which the RTC shall be appointed receiver of a failed depository institution by the Director of the Office of Thrift Supervision. Amends the Federal Home Loan Bank Act to extend the receivership duties of the RTC. Title II: Restructuring and Improvement of the Resolution Trust Corporation - Modifies the guidelines for staffing the RTC. Establishes the office of chief executive officer of the RTC to be appointed by the President with the advice and consent of the Senate. Directs the Oversight Board to review overall strategies, policies, and goals established by the RTC for its activities. (Currently the Oversight Board establishes such strategies and goals.) Declares that the RTC shall be managed by its Board of Directors. Outlines the powers of the chief executive officer of the RTC. Title III: Minorities, Women, and Small Business Provisions - Sets forth guidelines for increased participation of minorities and women in the contracting process applied by the RTC. Authorizes the RTC to make available to any minority or women's depository institution the operation of a failed savings institution located in a predominantly minority neighborhood. Amends the Community Reinvestment Act to extend community investment credit to any depository institution which makes one of its branches in a predominantly minority neighborhood available to a minority or women's depository institution under certain circumstances. Amends the Federal Home Loan Bank Act to authorize the RTC, under certain circumstances, to provide assistance for minority-owned depository institutions and minority investors for the acquisition of any savings association for which it has been appointed conservator or receiver. Declares that a certain minority interim capital assistance program established by the Oversight Board is hereby established by law. Directs the RTC to provide assistance under such program for minority-owned depository institutions and minority investors for the acquisition of any savings association for which the RTC has been appointed conservator or receiver, and which before such appointment was not a minority-owned association. Extends the period for repayment of capital assistance under such program. Mandates an annual goal for the RTC that presents the maximum practicable opportunity for small business concerns (and those operated by socially and economically disadvantaged individuals) to participate in the performance of RTC contract awards. Title IV: Miscellaneous Housing Provisions - Amends the Federal Home Loan Bank Act to empower the RTC to develop risk sharing structures and other credit enhancements with respect to eligible residential properties in order to assist in the provision of property ownership, rental, and cooperative housing opportunities for lower- and moderate-income families. Requires the RTC to study and report to the Congress on the feasibility and efficacy of providing credit enhancements with respect to tax-exempt bonds issued on behalf of nonprofit organizations with respect to the disposition of eligible residential properties. Directs the Secretary of Housing and Urban Development to consider and accept a specified final statement of community development objectives and projected use of funds which the city of Petersburg, Virginia, is authorized to submit in connection with a grant under the Housing and Community Development Act of 1974. Title V: Resolution Trust Corporation Affordable Housing Program - Amends the Federal Home Loan Bank Act to prescribe guidelines for the disposition of eligible residential property (including condominiums) acquired by the RTC in its capacity as conservator or receiver and earmarked for lower-income occupancy. Authorizes the RTC to transfer such properties to qualifying households and for-profit entities for lower-income use, as well as to certain nonprofit organizations and public agencies.
Bill· HRH.R. 3817 (102nd)referred
United States · United States Congress · 19 November 1991
Amends the National Housing Act to extend certain structural defect financial assistance to condominiums, including a specified housing project in Dade County, Florida.
Bill· HRH.R. 3798 (102nd)referred
United States · United States Congress · 18 November 1991
Real Estate Recovery Act of 1991 - Title I: Reduction in Capital Gains Tax for Individuals - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers. Amends the Internal Revenue Code to eliminate the age requirement (55 years or older) and years-of-residency requirement for eligibility with respect to the one-time income tax exclusion of gain from the sale of a residence. Title II: Credit for Purchase of New Principal Residence - Amends the Internal Revenue Code to allow a tax credit for the purchase of a principal residence of five percent of the purchase price of such residence. Limits such credit to $2,000. Makes such credit applicable to new principal residences acquired after October 31, 1991, and before November 1, 1992. Title III: Enterprise Zones - Subtitle A: Designation -Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Subtitle B: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Subtitle C: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Subtitle E: Repeal of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987. Title IV: Appraisal Requirements and RTC and FDIC Inventory Property - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to extend until July 1, 1992, the requirement for State certified or licensed appraisers in connection with federally-related appraisals. Requires the Secretary of Housing and Urban Development to annually study the real estate market conditions within local market areas to determine whether the sale of inventory property by the Resolution Trust Corporation (RTC) and the Federal Deposit Insurance Corporation (FDIC) is affecting or will affect the value of real estate within such areas. Directs the RTC and FDIC, upon a positive determination by the Secretary, to withhold from sale or other disposition any inventory properties within the affected market areas. Title V: Tax-Free Withdrawals From Individual Retirement Accounts for First Home Purchases - Allows penalty-free distributions from individual retirement accounts of up to 25 percent of the account limit for first-time homebuyers. Title VI: Treatment of Rental Property Operations Under Passive Loss Rules - Amends the Internal Revenue Code to provide for the treatment of rental and nonrental real estate activities under the limitations on losses from passive activities. Title VII: Production Investment Incentive - Amends the Internal Revenue Code to allow a business expense deduction for up to $250,000 (currently, $10,000) of depreciable business assets if property is used as an integral part of manufacturing, production, or extraction. Reduces such allowance by the amount by which the cost of such property exceeds $1,000,000 (currently, $200,000) for a taxable year. Excludes such depreciation deduction from the alternative minimum tax. Title VIII: Freeze on Banks' Total Capital Standard - Declares that the minimum amount of total capital which any insured depository institution may be required to maintain shall not exceed 7.25 percent of the total assets of such institutions. Title IX: Resolution Trust Corporation Refinancing - Resolution Trust Corporation Refinancing Act of 1991 - Amends the Federal Home Loan Bank Act to provide additional funding to the RTC to complete the resolution of failed thrifts. Increases the RTC working capital borrowing limit. Amends the Federal Deposit Insurance Act to extend until September 30, 1993, the period during which the Office of Thrift Supervision must appoint the RTC as conservator or receiver of failed thrifts. Title X: Restructuring of the Oversight Board and the Resolution Trust Corporation - Resolution Trust Corporation Restructuring Act of 1991 - Amends the Federal Home Loan Bank Act to limit the accountability of the Oversight Board to the performance of its duties under such Act. Revises the composition of the Board. Authorizes the RTC to develop and establish overall goals and policies and authorizes the Board to review and require modification of such goals and policies. Provides for the management of the RTC by its Board of Directors instead of the FDIC. Revises the composition of the RTC Board of Directors. Revises RTC personnel provisions with respect to the use of FDIC employees. Provides for the appointment of a chief executive officer to the RTC by the Oversight Board. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 provide for the rights of FDIC employees assigned to the RTC at the time of its termination. Authorizes the Oversight Board to remove the RTC Board of Directors for cause and to appoint a new Board of Directors. Title XI: Clarification of Treatment of Certain FSLIC Financial Assistance - Requires that, except in specified instances, FSLIC assistance be taken into account when determining losses or bad debts of savings and loans institutions (thus denying income tax deductions for losses or bad debts to the extent such assistance has compensated for them). Describes FSLIC assistance as money or property provided to a domestic building and loan association by the Federal Savings and Loan Insurance Corporation, the FSLIC Resolution Fund, or the Resolution Trust Corporation.
Bill· HRH.R. 3768 (102nd)passed
United States · United States Congress · 14 November 1991
Federal Deposit Insurance Corporation Improvement Act of 1991 - Title I: Safety and Soundness- Subtitle A: Deposit Insurance Funds - Amends the Federal Deposit Insurance Act to increase from $5,000,000,000 to $30,000,000,000 the amount of credit available from the Treasury to the Federal Deposit Insurance Corporation (FDIC). Sets maximum limits upon the outstanding obligations of the Bank Insurance fund (BIF) and the Savings Association Insurance Fund (SAIF). Directs the Comptroller General to report quarterly to certain congressional committees regarding FDIC compliance with such obligation limitations. Mandates a repayment schedule as a prerequisite to any such borrowing. Requires the Secretary of the Treasury to submit a copy of such schedule to certain congressional committees and to consult with them regarding repayment terms. Authorizes the FDIC to impose special assessments upon insured depository institutions (in addition to existing assessments) if emergency assessments are required and if they are allocated between the BIF and SAIF according to their respective needs. Sets forth guidelines the BIF must follow when borrowing from its members. Subtitle B: Supervisory Reforms - Prescribes guidelines for: (1) mandatory annual on-site examinations of all insured depository institutions; and (2) fiscal status reports from all insured depository institutions (except for certain small-sized insured depository institutions). Sets forth guidelines for assessments to cover FDIC costs of conducting examinations of insured depository institutions and their affiliates. Outlines the application procedure for deposit insurance. Requires the FDIC to study and report to the Congress on ways to streamline Federal banking regulatory requirements. Subtitle C: Accounting Reforms - Mandates that: (1) the accounting principles applicable to all insured depository institutions be uniform and consistent with generally accepted accounting principles; (2) each appropriate Federal banking agency implement certain accounting principles (maintaining uniform accounting standards to use in determining compliance with statutory requirements of insured depository institutions); and (3) each appropriate Federal banking agency report annually to certain congressional committees on any differences between its accounting or capital standards and those used by other agencies. Requires each insured depository institution to include in its annual status report the total number and aggregate dollar amount of its outstanding loans to specified small businesses and farms. Exempts certain small-sized depository institutions from this requirement. Amends the Federal Deposit Insurance Act to require certain large institutions engaged in interstate banking to submit reports of financial conditions (including specified aspects of loan data for each State in which such institutions maintain branches). Subtitle D: Prompt Regulatory Action - Requires each appropriate Federal banking agency and the FDIC to prescribe regulations for implementation of a prompt regulatory action system which includes: (1) uniform standards; (2) minimum capital requirements; (3) deadlines for submission and review of capital restoration plans; (4) standards for safety and soundness; and (5) asset growth guidelines. Sets capital distribution restrictions for any insured depository institution that does not meet all currently applicable capital standards after making such distribution. Requires undercapitalized depository institutions to submit capital restoration plans with specified contents. Sets forth regulatory guidelines and restrictions for depository institutions according to risk categories (including the appointment of conservators or receivers for national banks and Federal savings associations not in compliance with statutory capital standards). Authorizes the FDIC Board of Directors to appoint the FDIC as sole conservator or receiver of an insured depository institution (after consultation with the appropriate Federal or State agency) after a determination that specified risk conditions have been met. Subtitle E: Least-Cost Resolution - Mandates that FDIC assistance to troubled insured depository institutions be in accord with prescribed least-cost resolution guidelines to ensure that such assistance is the least costly of all possible methods to the affected deposit insurance fund. Mandates an annual General Accounting Office (GAO) audit of the FDIC and the Resolution Trust Corporation to determine compliance with such least-cost approach. Sets forth procedural guidelines with respect to: (1) creditors' claims; (2) data collection; (3) financial services industry impact analyses before resolution of a troubled insured depository institution; and (4) financial assistance prior to appointment of a receiver of conservator. Amends the Federal Reserve Act to set forth limitations on advances by a Federal Reserve bank to an undercapitalized depository institution. Amends the Federal Deposit Insurance Act to direct the FDIC upon providing assistance to a troubled institution to: (1) remove its board of directors; and (2) treat shareholders' claims with regard to such institution as if the institution were closed. Subtitle F: Federal Insurance for State Chartered Depository Institutions - Uniform Depositor Protection Act of 1991 - Sets a deadline by which State depository institutions or credit unions must obtain deposit insurance as a prerequisite to accepting deposits. Subtitle G: Technical Corrections - Amends the Federal Deposit Insurance Act to: (1) grant the FDIC all rights, powers, and duties to implement its duties with respect to the assets and liabilities of the Federal Savings and Loan Insurance Corporation (FSLIC) Resolution Fund; and (2) declare the FDIC successor to the FSLIC as conservator or receiver of certain depository institutions. Title II: Regulatory Improvement - Subtitle A: Regulation of Foreign Banks - Amends the International Banking Act of 1978 to prohibit a foreign bank from establishing any branch or agency in the United States without prior approval of the Board of Governors of the Federal Reserve System (the Board). Outlines approval and termination procedures. Authorizes the Board to examine each branch or agency of a foreign bank or foreign entities engaged in lending practices. Mandates annual on-site examinations of such entities and outlines a coordinated examination procedure with the Comptroller of the Currency and the FDIC. Prohibits foreign banks from establishing representative offices without the Board's prior approval. Amends the Federal Deposit Insurance Act to require a financial institution to file a consolidated report with the appropriate Federal banking agency if the credit it extends (currently, if the loan or loans it makes) to an insured depository institution is secured by 25 percent or more of any class of shares of an insured depository institution. Amends the International Banking Act of 1978 to authorize the Board, the Comptroller of the Currency, the FDIC, and the Director of the Office of Thrift Supervision to disclose to their foreign counterparts information obtained in the course of exercising supervisory or examination authority, subject to confidentiality requirements. Sets forth a civil money penalty schedule for violations of such Act by a foreign bank. Amends the Bank Holding Company Act of 1956 to declare that consideration of a bank's managerial resources by the Board includes the competence, experience, and integrity of its officers, directors, and principal shareholders. Subtitle B: Customer and Consumer Provisions - Sets a deadline by which each appropriate Federal banking agency must submit to certain congressional committees recommendations with respect to reducing paperwork and improving the administration and enforcement of the Community Reinvestment Act of 1977. Directs GAO to study and report to the Congress on the examination processes used by Federal banking agencies to evaluate compliance with the Community Reinvestment Act of 1977. Amends the Community Reinvestment Act of 1977 to require the appropriate Federal financial supervisory agency to consider and give credit for capital investment, loan participation, and other ventures undertaken by nonminority-owned and nonwomen-owned financial institutions with minority and women-owned financial institutions and with low-income credit unions that help meet the credit needs of their local communities. Amends the Equal Credit Opportunity Act to require specified Federal agencies to: (1) refer to the Attorney General any cases in which there is reason to believe that a pattern or practice of credit discrimination exists with respect to credit application denials or discouragement; and (2) notify the Secretary of Housing and Urban Development of those cases in which there is reason to believe that a violation of the Fair Housing Act has occurred. Prohibits any appropriate Federal banking agency from requiring an institution to engage in data collection to fulfill Fair Housing Act requirements (other than under the Home Mortgage Disclosure Act). Requires the Secretary of the Treasury and the head of each appropriate Federal banking agency to review and report to the Congress on laws and regulations which might adversely affect the capital position and profitability of insured depository institutions. Amends the Expedited Funds Availability Act with respect to funds held beyond statutory schedules to mandate a one-year interval between required notices to the depositor. Amends the Electronic Fund Transfer Act to proscribe: (1) any preauthorized electronic fund transfer from a consumer's account on the basis of any form of check negotiation by a consumer; or (2) treatment of any provision contained in a check received by a depository institution and negotiated by a consumer as constituting an electronic funds transfer authorization. Amends the Expedited Funds Availability Act to make permanent the four-business days waiting period before a depositor may withdraw funds deposited at an automated teller machine owned or operated by a depository institution other than his own. Amends the Federal Deposit Insurance Act to set forth notification and policy guidelines to be followed by an insured depository institution with respect to advance notice of branch closures. Subtitle C: Bank Enterprise Act - Bank Enterprise Act of 1991 - Directs the Board and the FDIC to establish minimum requirements according to prescribed criteria so that certain accounts providing basic consumer transaction services at insured depository institutions may qualify as lifeline accounts. Amends the Federal Deposit Insurance Act to provide that an insured depository institution's assessment rate with respect to such lifeline accounts shall be one-half the maximum rate. Sets forth assessment procedures. Directs the Community Enterprise Assessment Credit Board (established by this Act) to issue guidelines according to specified criteria to determine community enterprise assessment credits for: (1) eligible insured depository institutions providing financial assistance to low- and moderate-income clients in distressed communities; (2) small business developers; and (3) nonprofit developers. Establishes the Community Enterprise Assessment Credit Board to establish procedures for accepting and considering applications by insured depository institutions for such assessment credits. Outlines the criteria under which an insured depository institution shall be treated as either a community development organization or a bank. Sets forth criteria for community development banks, organizations and corporations (thus making entities which meet such criteria eligible for specified insurance premium credits). Title III: Federal Deposit Insurance Reform - Subtitle A: Activities - Amends the Federal Deposit Insurance Act to authorize the FDIC to impose additional restrictions on certain troubled institutions with respect to: (1) the acceptance of brokered deposits; and (2) the acceptance, renewal, or rollover of funds obtained through any deposit broker. Prohibits a troubled institution from soliciting deposits by offering interest rates significantly higher than prevailing rates offered by other insured depository institutions on comparable deposits. Sets an interim maximum assessment rate for BIF members until a risk-based assessment system has been established by the Board of Directors according to criteria prescribed by this Act. Directs the Board of Directors to analyze and report to the Congress the impact of a risk-based assessment system upon specified aspects of mortgage lending. Sets limitations upon insured State banks and their subsidiaries with respect to activities that are impermissible for national banks, including insurance underwriting and equity investments. Retains savings bank life insurance activities by certain insured banks in New York, Connecticut, or Massachusetts. Prohibits an insured State bank, except in certain States, from acquiring or retaining any equity investment of a type or in an amount that is not permissible for a national bank. Authorizes the FDIC to require investment divestiture by an insured State bank if it determines that such investment will have an adverse effect on the safety and soundness of the bank. Directs the FDIC to study, and consequently address, any risks posed to insurance funds by equity investments of insured banks. Requires the appropriate Federal banking agencies to: (1) adopt joint uniform regulations prescribing standards for loans or extensions of credit by insured depository institutions that are secured by unimproved real estate or are made to finance construction; and (2) develop a system to monitor interest rate risk and adjust risk-based capital standards to reflect interest rate risk. Prescribes guidelines for the FDIC to take enforcement action against insured depository institutions and institution-affiliated parties. (Currently the FDIC is authorized to take such actions only against savings associations). Subtitle B: Coverage - Treats as uninsured deposits bank investment contracts between an insured depository institution and an employee benefit plan that permit benefit-responsive withdrawals or transfers without penalty. Excludes such uninsured deposits from the assessment base of insured depository institutions. Sets a maximum ceiling for insured deposits at $100,000.00. Directs the FDIC to provide deposit insurance coverage for deposits accepted on a pass-through basis to employee benefit plan participants or beneficiaries. Terminates such coverage by a specified deadline if the depository institution has not met specified minimum capitalization requirements. Declares that certain self-directed individual retirement accounts shall be aggregated and insured up to $100,000 per participant per insured depository institution. Includes within such maximum coverage certain trust funds and interbank deposits by a fiduciary depository institution. Requires the FDIC to study and report to the Congress on: (1) the cost and feasibility of tracking insured and uninsured deposits of any individual; and (2) the exposure of the Federal Government with respect to all insured depository institutions. Requires the Federal Reserve Board to report to the FDIC the results of a survey conducted as part of such cost-benefit analysis regarding the ownership, dollar amount, and type of deposits held by (individuals, including the type of financial institutions in which the deposit accounts are held). Proscribes payments on foreign deposits by a Federal entity. Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to establish civil penalties for failure by an insured depository institution to make accurate certified statements of its assessment base, or of the amount of deposit insurance premium due. Subtitle C: Demonstration Project and Studies - Directs the FDIC to study and report to the Congress on the feasibility of: (1) authorizing insured depository institutions to offer both insured and uninsured deposit accounts to customers; and (2) establishing a private reinsurance system. Subtitle D: Credit Unions - Amends the Federal Credit Union Act to authorize the National Credit Union Administration Board to appoint itself as liquidating agency of any federally insured State credit union upon a determination that it is insolvent or bankrupt. Subtitle E: FDIC Property Disposition - Amends the Federal Deposit Insurance Act to establish the parameters for a three-year FDIC affordable housing program for very low-income, low income, and moderate-income families (including single-family, multi-family, and condominium properties). Directs the FDIC to establish an Affordable Housing Program Office to implement this Act. Directs the Secretary of Housing and Urban Development (HUD) to include in the HUD annual report to the Congress a detailed description of activities undertaken to implement this program. Directs the FDIC and the RTC to coordinate with one another in carrying out their responsibilities under this program. Title IV: Miscellaneous Provisions - Subtitle A: Payment System Risk Reduction - Sets forth general netting rules and parameters to ensure that covered contractual payment obligations and entitlements between any two financial institutions or financial clearinghouses are netted pursuant to the conditions of applicable netting contracts. Subtitle B: Right to Financial Privacy Act of 1978 - Amends the Right to Financial Privacy Act of 1978 to authorize a Federal entity to transfer to the Department of Justice financial institution records for use in certain civil actions or criminal forfeiture actions, regardless of whether such actions are also directed at a customer of the institution States that such transfer does not constitute a waiver of any privilege pertaining to such records. Subtitle C: Final Settlement Payment Procedure - Amends the Federal Deposit Insurance Act to authorize the FDIC to settle uninsured and unsecured claims on an institution in receivership with a final settlement payment which must reflect an average of the FDIC's receivership recovery experience. Subtitle D: Miscellaneous Committees, Studies, and Reports - Establishes the Commission on the Thrift Industry to investigate and report to the President and certain congressional committees on the future status of the thrift industry. Terminates the Commission after submission of its report. Establishes the Bank Insurance Fund Advisory Committee to submit an annual report to certain congressional committees regarding business conditions and regulatory matters affecting BIF members. Requires the Federal Reserve Board, the FDIC, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, and the National Credit Union Administration to report to the Congress the results of a jointly conducted feasibility study on: (1) assessing Federal Reserve banks an amount equal to imputed earnings on reserves held at such banks by insured depository institutions; and (2) the likely effects of such assessments upon the Federal banking and insurance fund system. Establishes the Depository Institutions Reform Advisory Committee to report to the President, each House of Congress, the SEC, and each appropriate Federal banking agency on: (1) the current regulatory and supervisory scheme for financial institutions; (2) ways to ensure the safe and sound operation of depository institutions; and (3) ways to minimize losses to the deposit insurance funds. Terminates the Committee after submission of its report. Directs the Comptroller General to report to the Congress by a specified deadline regarding the effects of requiring insured depository institutions to cash Federal Government checks in areas with a disproportionately high Federal worker client base. Amends the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to provide that the Federal Advisory Committee Act does not apply to the Credit Standards Advisory Board (thus giving such Board permanent status). Subtitle E: Utilization of Private Sector - Amends the Federal Deposit Insurance Act to direct the FDIC to utilize private sector resources if it determines that such course is beneficial in implementing its responsibilities. Requires the FDIC to present a semiannual status report to the Congress which includes specified information with respect to its assets and liabilities, and the assets and liabilities of institutions for which it is conservator or receiver. Requires the FDIC and the Resolution Trust Corporation to implement procedures to: (1) minimize payments for legal, accounting, and investment banking services; and (2) provide diverse geographical representation of such services. Subtitle F: Emergency Assistance for Rhode Island - Directs the Secretary of the Treasury to guarantee the repayment of a specified amount borrowed by the State of Rhode Island (or the Depositors Economic Protection Corporation) in order to expedite the repayment of depositors at State-chartered banks and credit unions in receivership, and to facilitate the resolution of such receiverships. Sets forth guarantee terms. Subtitle G: Qualified Thrift Lender Test Improvements - Qualified Thrift Lender Reform Act of 1991 - Amends the Home Owners' Loan Act to provide that a savings association shall have the status of a qualified thrift lender if its qualified thrift investments continue to equal or exceed 70 percent of its portfolio assets on a monthly average basis in nine out of every 12 months. Increases from ten percent to 20 percent the amount of liquid assets which are excludable from a savings association's portfolio assets when determining the asset base against which qualified thrift investments are calculated. Modifies the definition of qualified thrift assets to include additional investments. Increases from five percent to ten percent the maximum percentage of allowable consumer loans. Subtitle H: Prohibition on Entering Secrecy Agreements and Protective Orders - Amends the Federal Deposit Insurance Act to prohibit the FDIC from entering into any agreement or approving any protective order which prohibits it from disclosing the settlement terms in an action for damages or restitution brought by it as conservator or receiver of an insured depository institution. Subtitle I: Establishment of Capital Standard Requirement - Mandates that Federal banking regulatory agencies establish minimum capital standards at least equal to the minimum capital requirements under all international accords on capital standards for financial institutions to which the United States has agreed. Subtitle J: Bank and Thrift Employee Provisions - Directs the FDIC in its capacity as a successor of a failed depository institution to: (1) continue group health plan coverage for the former employees of such institution in the same manner as the institution was obligated to provide such coverage; and (2) require any successor institution to continue to provide such health plan coverage in a like manner. Subtitle K: Severability - Sets forth severability provisions. Subtitle L: Sense of the House of Representatives on the Credit Crisis - Expresses the sense of the House of Representatives that immediate and coordinated action should be taken by the Congress and the President to arrest the credit crisis, and that efforts should be undertaken to: (1) remove barriers to pension funds seeking to invest in real estate; (2) remove arbitrary obstacles to private forms of credit enhancement; (3) consider the impact of risk-based capital standards on commercial and residential real estate; (4) end market-to-market liquidation based appraisals; (5) encourage loan renewals; (6) communicate the supervisory policy to bank examiners in the field; and (7) modify the passive loss rules and encourage loan restructures. Title V: Depository Institutions Conversions - Amends the Federal Deposit Insurance Act to authorize any insured depository institution to participate in specified conversion transactions with the prior written approval of the responsible regulatory agency. Sets forth guidelines for assessments on deposits of the former depository institution (i.e., deposit held before conversion). Permits certain interstate conversion transactions. Mandates expedited approval procedures with respect to an application by a State non-member insured bank to acquire another insured depository institution. Provides for allocation of insurance losses between the BIF and the SAIF in the event the depository institution resulting from the conversion transaction goes into or appears in danger of going into default. Amends the Home Owners' Loan Act, the Bank Holding Company Act of 1956, and Federal banking law with respect to national banks to authorize bank mergers, consolidations and other acquisitions by Federal savings associations, national banks, and certain companies which control banks but are not statutorily treated as bank holding companies.
Bill· HRH.R. 3759 (102nd)referred
United States · United States Congress · 13 November 1991
Directs the Secretary of Defense, notwithstanding specified provisions of the Defense Base Closure and Realignment Act of 1990, to either sell or exchange real property and facilities (except for family housing and related support facilities) as part of the closure of the Tustin Marine Corps Air Station, California. Directs the Secretary to apply the proceeds from the sale of such property and facilities to offset the cost of providing suitable beddown facilities at the Marine Corps Air Ground Combat Center at Twentynine Palms, California, or the Marine Corps Base and Air Station at Camp Pendleton, California, or both, to support the missions of specified Marine Aircraft groups. Authorizes the Secretary to exchange the Tustin property and facilities for suitable replacement facilities at the Twentynine Palms or Camp Pendleton bases. Provides exchange conditions. Authorizes the Secretary to use funds from the Department of Defense Base Closure Account 1990 to pay for costs incurred in renovating or constructing new facilities as part of the exchange of property, requiring the value of such renovations or new construction to at least equal the fair market value of the Tustin real property and facilities exchanged. Directs the Secretary to attempt to obtain the sale or exchange agreement for the Tustin real property and facilities within 18 months after enactment of this Act, except that the Secretary shall comply with the requirements of the National Environment Policy Act of 1969 before entering into such an agreement. States that if after such period the Secretary determines that further sale or exchange efforts are not in the best interests of the United States, the closure of the operations poriton of the Tustin Marine Corps Air Station shall proceed as provided in the Defense Base Closure and Realignment Act of 1990. Requires the Secretary to complete the closure and relocation of the Tustin Station within six years after the enactment of this Act, plus the additional time required for the sale or exchange of its real property and facilities. Requires the Secretary to notify the Senate and House Armed Services and Appropriations Committees at least 21 days in advance of the terms of any agreement reached relating to the sale or exchange of the Tustin property and facilities.
Bill· SS. 1950 (102nd)referred
United States · United States Congress · 12 November 1991
Amends the Internal Revenue Code to extend for one year the following expiring provisions: (1) the credit for increasing research activities; (2) the targeted jobs credit; (3) the tax exclusion for employer-provided educational assistance; (4) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (5) the itemized deduction for health insurance costs of self-employed individuals; (6) the authority to issue mortgage revenue bonds and mortgage credit certificates; (7) the rules on allocating research and experimental expenditures in determining income from sources within or without the United States; (8) the low-income housing credit; (9) the energy investment credit for solar and geothermal property; (10) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; and (11) the minimum tax exception for gifts of appreciated tangible property.
Bill· HRH.R. 3751 (102nd)open
United States · United States Congress · 12 November 1991
Amends the Appalachian Regional Development Act of 1965 to include Montgomery County, Virginia, as part of the Appalachian region.
Bill· HRH.R. 3752 (102nd)open
United States · United States Congress · 12 November 1991
Amends the Internal Revenue Code to extend for one year the following expiring provisions: (1) the credit for increasing research activities; (2) the targeted jobs credit; (3) the tax exclusion for employer-provided educational assistance; (4) the authority to issue qualified small issue bonds to finance manufacturing facilities and farm property; (5) the itemized deduction for health insurance costs of self-employed individuals; (6) the authority to issue mortgage revenue bonds and mortgage credit certificates; (7) the rules on allocating research and experimental expenditures in determining income from sources within or without the United States; (8) the low-income housing credit; (9) the energy investment credit for solar and geothermal property; (10) the credit for clinical testing expenses for certain drugs for rare diseases or conditions; (11) the minimum tax exception for gifts of appreciated tangible property; and (12) the tax exclusion for employer-provided group legal services plans.
Bill· SS. 1943 (102nd)referred
United States · United States Congress · 7 November 1991
Resolution Trust Corporation Reform Act of 1991 - Title I: Reform of the RTC - Abolishes the Oversight Board of the Resolution Trust Corporation (the Corporation). Vests management of the Corporation in its Board of Directors. Directs the Board of Directors to establish a National Housing Advisory Board to advise it on issues related to low-income housing. Requires the Corporation to provide the Secretary of the Treasury with quarterly financing reports. Sets forth the rights of Federal Deposit Insurance Corporation employees assigned to the Corporation. Title II: Disposition of Property by Resolution Trust Corporation - Amends the Federal Home Loan Bank Act to: (1) require the Corporation to record the reasons for selling any property in a distressed area for less than the minimum disposition price; (2) set forth condominium disposition and anti-speculation guidelines; (3) require the Corporation to make available for acquisition by any minority or women's depository institution those savings association branches located in predominatly minority neighborhoods for which it has been appointed conservator or receiver; (4) require the Corporation to review its seller financing procedures and endeavor to arrange appropriate financing to State and local governments seeking to acquire real property assets of institutions subject to the Corporation's jurisdiction; (5) require the Corporation to use competitive bidding methods; (6) set forth guidelines for the identification, disposition, and protection of Corporation properties with natural, cultural, recreational, or scientific value of special significance; and (7) require the Corporation to establish an Office of Dispute Resolution. Title III: Miscellaneous - Suspends Corporation funding if it does not provide the Congress with independently audited financial statements within specified deadlines. Precludes insurance coverage for uninsured depositors. Mandates disclosure of certain Corporation salaried executives whose compensation exceeds a specified level. Provides employee protections and remedies for Corporation employees and the employees of a Corporation contractor with respect to whistle-blowing activities. Requires the Comptroller General to report to the Congress regarding a feasibility study on the privatization of Corporation functions.
Bill· HRH.R. 3744 (102nd)referred
United States · United States Congress · 7 November 1991
Economic Growth and Family Tax Freedom Act of 1991 - Title I: Nonrefundable Tax Credit for Children - Amends the Internal Revenue Code to allow a tax credit of $1,000 for each child under the age of six and $300 for each child between the age of six and 18. Makes the dependent care credit inapplicable to children under the age of six. Title II: Reducing the Cost of Capital by Reducing Capital Gains Tax Rates, Indexing the Basis of Certain Assets, and Excluding Gain From Sales of Principal Residences - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Provides for the phaseout of personal exemptions and the overall limitation on itemized deductions to take into account adjusted gross income which has been reduced by net capital gain. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers. Excludes from gross income the sale or exchange of property that has been owned and used by the taxpayer as the taxpayer's principal residence. Terminates provisions relating to the rollover or gain on the sale of a principal residence. Title III: Adjusting Depreciation Rates to Reflect Inflation - Provides a depreciation deduction adjustment for tangible property (other than residential rental property and nonresidential real property) placed in service after 1991. Allows phase-in deductions for such property placed in service after 1996. Title IV: Savings Incentives - Allows individuals to establish individual retirement plus accounts with tax treatment similar to that for individual retirement plans. Makes contributions to such accounts nondeductible. Provides for qualified distributions from such accounts, other than for general retirement purposes, including special purpose distributions made for the purchase of a first home and for medical or educational purposes. Prohibits special purpose distributions from being made during the first five years of the account. Title V: Treatment of Passive Losses - Provides for the treatment of rental and nonrental real estate activities under the limitations on losses from passive activities. Title VI: Enterprise Zones - Subtitle A: Designation of Enterprises Zones - Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Subtitle B: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Subtitle C: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis, and to expedite the processing of, applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Subtitle E: Repeals of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987.
Bill· HRH.R. 3740 (102nd)referred
United States · United States Congress · 7 November 1991
Repeals a Federal provision prohibiting the payment of any disability compensation to an incompetent veteran having neither spouse, child, nor dependent parent until the value of such veteran's estate is reduced to less than $10,000. Presumes a veteran to be permanently and totally disabled if such person is 65 years of age or older or becomes unemployable after age 65. Restores the full permitted monthly pension (currently limited to $90) for veterans having neither spouse nor child and receiving Medicaid-covered nursing home care. Provides that the remarriage of a surviving spouse of a veteran shall not eliminate the right of such former spouse to survivors' benefits if the remarriage is terminated or dissolved by a divorce court unless the Secretary of Veterans Affairs determines that the divorce was secured through fraud or collusion by the surviving spouse. Provides the same restoration of survivors' benefits eligibility for a veteran's child who marries when such marriage is later terminated or properly dissolved without fraud or collusion. Repeals a Federal provision requiring a minimum copayment for medication received for a non-service-connected disability by a veteran with a service-connected disability rated at less than 50 percent. Authorizes the Secretary, to the extent that resources and facilities are available, to furnish hospital and nursing home care needed by a veteran for a non-service-connected disability if the veteran's income falls below a prescribed level. Authorizes the Secretary to furnish such care for a non-service-connected disability to a veteran who is not otherwise eligible for such care if the veteran agrees to pay a minimum amount for such care. Provides that a veteran may not be required to make a payment for outpatient services furnished during any 90-day period to the extent that such payment would cause the total amount paid by the veteran for outpatient medical services to exceed the amount of the inpatient Medicare deductible in effect on the first day of such 90-day period. Revises the income thresholds used to determine whether a veteran is required to make payments for services when such veteran is not otherwise eligible for such services. Entitles all veterans with a service-connected disability (currently, only those veterans with a service-connected disability rated at 20 percent or more) to the basic veterans' educational assistance entitlement. Repeals a Federal provision requiring a specified percentage increase in the veterans' housing loan fee for loans closed between November 1, 1990, and September 30, 1991. Authorizes the Secretary, in lieu of furnishing a headstone or grave marker, to reimburse a person for the cost of acquiring a non-Government headstone or marker for placement in any cemetery other than a national cemetery in connection with the burial of a deceased veteran. Restores the plot allowance for veterans buried in a cemetery other than a national cemetery. (Currently, veterans whose eligibility for benefits is based on being a veteran of any war may not receive such plot allowance if they choose not to be buried in a national cemetery.) Authorizes the Secretary to pay up to $400 (currently $300) for burial and funeral expenses for a veteran who dies of a service-connected disability. Repeals provisions requiring: (1) payment of such benefit for any veteran who was in receipt of pension; and (2) that, before such payment is made, the Secretary determines that there is no next of kin or other person claiming the body of the deceased veteran and that there are insufficient resources from the veteran's estate to cover such expenses. Increases from $150 to $300 the plot allowance authorized to be paid by the Department for veterans who die in a Department facility.
Bill· SS. 1920 (102nd)referred
United States · United States Congress · 6 November 1991
Economic Growth and Family Tax Freedom Act of 1991 - Title I: Nonrefundable Tax Credit for Children - Amends the Internal Revenue Code to allow a tax credit of $1,000 for each child under the age of six and $300 for each child between the age of six and 18. Makes the dependent care credit inapplicable to children under the age of six. Title II: Reducing the Cost of Capital by Reducing Capital Gains Tax Rates, Indexing the Basis of Certain Assets, and Excluding Gain From Sales of Principal Residences - Amends the Internal Revenue Code to reduce the individual and corporate capital gains rate from 34 percent to 15 percent. Reduces such tax to 7.5 percent for low- and middle-income taxpayers. Provides for the phaseout of personal exemptions and the overall limitation on itemized deductions to take into account adjusted gross income which has been reduced by net capital gain. Requires indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for indexing the limitation on capital losses of noncorporate taxpayers. Excludes from gross income the sale or exchange of property that has been owned and used by the taxpayer as the taxpayer's principal residence. Terminates provisions relating to the rollover or gain on the sale of a principal residence. Title III: Adjusting Depreciation Rates to Reflect Inflation - Provides a depreciation deduction adjustment for tangible property (other than residential rental property and nonresidential real property) placed in service after 1991. Allows phase-in deductions for such property placed in service after 1996. Title IV: Savings Incentives - Allows individuals to establish individual retirement plus accounts with tax treatment similar to that for individual retirement plans. Makes contributions to such accounts nondeductible. Provides for qualified distributions from such accounts, other than for general retirement purposes, including special purposes distributions made for the purchase of a first home and for medical or educational purposes. Prohibits special purpose distributions from being made during the first five years of the account. Title V: Treatment of Passive Losses - Provides for the treatment of rental and nonrental real estate activities under the limitations on losses from passive activities. Title VI: Enterprise Zones - Subtitle A: Designation of Enterprises Zones - Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Subtitle B: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Subtitle C: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Subtitle D: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Subtitle E: Repeals of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987.
Bill· HRH.R. 3698 (102nd)open
United States · United States Congress · 1 November 1991
Community Mental Health and Substance Abuse Services Improvement Act of 1991 - Title I: Block Grants to States Regarding Mental Health and Substance Abuse - Amends title XIX (Block Grants) of the Public Health Service Act (the Act) to direct the Secretary of Health and Human Services (the Secretary) to make an annual allotment, in accordance with a specified formula, to each State with an approved application for providing comprehensive community mental health services to adults with a serious mental illness and to children with a serious emotional disturbance. Sets forth criteria for State plans and mental health centers. Requires a State, in order to receive a grant, to maintain a State mental health planning council. Authorizes appropriations. Directs the Secretary to make an annual allotment to each State making specified agreements for the purpose of planning, carrying out, and evaluating activities to prevent and treat the abuse of alcohol and other drugs. Requires a State to give priority to communities with the highest prevalence of substance abuse. Requires: (1) a specified percentage to be available to treat pregnant women and women with dependent children; and (2) that child care and prenatal care will be available for women receiving services. Requires that a specified percentage be expended for intravenous drug abuse programs with priority given to programs treating individuals with the etiologic agent for acquired immune deficiency syndrome. Requires outreach activities. Requires a grant recipient State to: (1) provide for a revolving fund to make loans to establish group homes for recovering substance abusers; and (2) have in effect a law prohibiting the sale of tobacco products to any individual under the age of 18. Sets forth additional provisions concerning a State's responsibilities, application, and plan. Authorizes appropriations. Adds a new subtitle to title XIX of the Act which sets forth new provisions regarding block grants, including provisions concerning: (1) the submission of the description of the intended use of a block grant; (2) reports and audits by States; (3) disposition of funds appropriated for allotments; (4) failure to comply with agreements required as a condition of receiving payments; and (5) nondiscrimination. Directs the Secretary to make grants to public entities for the purpose of providing comprehensive community mental health services to children with a serious emotional disturbance. Sets forth requirements for receiving grants, including: (1) matching fund requirements; and (2) requirements concerning the provision of services. Permits an entity to impose charges for the provision of such services, provided that: (1) the charges are adjusted to reflect the income of the child's family; and (2) no charges are imposed or families with income and resources below the official poverty line. Prohibits the period during which grant payments may be made from exceeding five years. Authorizes appropriations. Authorizes the Secretary to make grants to States for the purpose of increasing the maximum number of individuals to whom public and nonprofit private entities are capable of providing effective treatment for substance abuse. Requires that priority in making grants be given to States: (1) giving priority to residential treatment services for pregnant women; and (2) that more than meet their matching funds requirement. Sets forth requirements for receiving a grant. Authorizes appropriations. Title II: Other Programs of Alcohol, Drug Abuse, and Mental Health Administration - Requires that at least 15 percent of the amounts appropriated under the Act for conducting or supporting research regarding mental health be made available for research on community-based treatment programs. Authorizes appropriations for such research. Establishes within the National Institute of Mental Health the Office of Rural Mental Health. Requires the Director of such Office to coordinate various activities concerning mental health in rural areas and to conduct research and carry out demonstration projects. Authorizes appropriations. Amends the Protection and Advocacy for Mentally Ill Individuals Act of 1986 to extend the authorization of appropriations. Establishes, in the Alcohol, Drug Abuse, and Mental Health Administration an Office for Treatment Improvement. Requires the Director of such Office, with respect to the treatment of substance abuse, to carry out specified duties, including: (1) collaborating efforts with other similar agencies; (2) assisting entities providing treatment services; and (3) providing grants for the purpose of establishing demonstration projects that will improve the provision of treatment services for substance abuse. Authorizes appropriations for such grants. Requires the establishment of a demonstration program within the national capital area. Requires the Director of the Office for Substance Abuse Prevention to establish a national data base providing information on programs for the prevention of substance abuse. Authorizes appropriations for such Office to assist communities in developing long-term strategies for the prevention of substance abuse and to evaluate the success of different approaches. Authorizes appropriations under the Act for prevention, treatment, and rehabilitation model projects for high risk youth. Replaces current provisions providing grants to establish projects for pregnant and postpartum women having substance abuse problems with provisions providing grants for residential treatment programs for such women. Sets forth program requirements. Authorizes appropriations. Provides for grants to establish projects for prevention and education activities and outpatient treatment regarding the effects of drug and alcohol abuse on pregnant and postpartum women and their infants. Requires the Director of the Prevention Office, through awarding grants, to develop programs to increase the number of full-time substance abuse treatment professionals and the number of professionals providing treatment services. Authorizes appropriations. Authorizes appropriations for: (1) a grant program the purpose of which is to reduce the waiting period for drug abuse treatment; (2) research on alcohol abuse and alcoholism; (3) research on drug abuse; (4) a study concerning programs that provide sterile hypodermic needles and bleach to individuals at risk of contracting acquired immune deficiency syndrome; and (5) grants to entities for the acquisition of small instrumentation necessary for research on mental health and substance abuse. Title III: Trauma Centers and Drug-Related Violence - Authorizes the Secretary to make grants for the purpose of providing for the operating expenses of trauma centers that have incurred substantial uncompensated costs in providing trauma care in geographic areas with a significant incidence of violence arising from the abuse of drugs. Sets forth provisions concerning: (1) qualifying for such grants; and (2) priorities in making such grants. Authorizes appropriations. Title IV: National Drug Control Strategy - Amends the Anti-Drug Abuse Act of 1988 to require the National Drug Control Strategy to identify factors that influence individuals to engage in the abuse of drugs and determine whether the sale to and use of alcoholic beverages and tobacco products by minors are factors.
Bill· HRH.R. 3682 (102nd)referred
United States · United States Congress · 31 October 1991
Amends the Internal Revenue Code to extend the low-income housing credit for three years from applicable termination dates. Allows housing credit agencies to collect a reasonable fees for compliance monitoring. Requires such agencies to take into account project developer fees when determining the financial feasibility of a housing project and the credit to be allocated to such project.
Bill· HRH.R. 3680 (102nd)referred
United States · United States Congress · 31 October 1991
Family Tax Relief Act 1991 - Title I: Modification of Personal Income Tax - Amends the Internal Revenue Code to allow a refundable tax credit of $350 for each child under the age of 18. Title II: Modifications of the Congressional Budget Process - Amends the Congressional Budget Act of 1974 to reduce the discretionary spending limits for the defense, international, and domestic categories for FY 1992 and 1993. Reduces overall discretionary spending limits for fiscal year 1994 and 1995. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the reductions in outlays for FY 1992 through 1995 resulting from the reductions in discretionary spending limits under this title to be treated as savings in direct spending for sequestration purposes. Title III: Nondefense Spending Savings - Subtitle A: Aid to Families With Dependent Children - Amends part A (Aid to Families With Dependent Children) of title IV of the Social Security Act to require State plans to reduce AFDC payments by reason of the tax credit for children. Provides that if any family becomes ineligible for AFDC payments because of such reduction, the family remains eligible for any other program, the qualification for which is eligibility to receive such aid, and will not be required to reapply if otherwise eligible. Prohibits the approval of any State plan for medical assistance if payment levels are less than the payment levels in effect under such plan on October 1, 1991 (currently, May 1, 1988). Revises the method of allocating child support payment received for AFDC recipients. Subtitle B: Termination of Specific Programs - Terminates the following: (1) the superconductor super collider project; (2) the Space Station Freedom Program or any other space station; (3) reduced rate mailings for qualified nonprofit organizations, except mailings by blind or other handicapped persons; (4) the Fossil Energy Research and Development program; (5) the Nuclear Energy Research and Development Program; and (6) the Clean Coal Technology program. Subtitle C: Termination of Certain Loan and Guarantee Programs - Provides for the termination of the Small Business Administration and the Export-Import Bank of the United States. Transfers certain authorities to other Federal agencies. Subtitle D: Education Provisions - Amends the Higher Education Act of 1965 to require certain institutions of higher education to pay a co-origination fee in order for a student to be eligible to receive certain loans to attend such institution. Bases such fee on the loan default rate of the institution. Requires the Secretary of Education to use such fees to make payments on defaulted loans. Lowers the rates on special allowances paid to lenders who make higher education loans. Amends the Deficit Reduction Act of 1984 to make permanent provisions regarding the collection of non-tax debts owed to Federal agencies. Amends Federal law to revise the method of computing aid to local educational agencies in the case of children of persons who reside or work on Federal property by taking into account the number of children whose parents are employed on public housing property. Subtitle E: Agricultural Programs - Amends the Food Security Act of 1985 to make individuals with adjusted gross income in excess of $100,000 ineligible for deficiency payments. Amends the Agricultural Act of 1949 to set forth the percentage of reduction in deficiency payments for wheat, feed grains, cotton, rice, and crops for crop years 1992 through 1995. Amend the Agricultural Trade Act of 1978 to repeal the export enhancement program and the market promotion program. Prohibits the Secretary of Agriculture from using cash or commodities of, or owned by, the Commodity Credit Corporation or the Department of Agriculture to subsidize: (1) the export of an agricultural commodity or product; or (2) market and export promotion of an agricultural commodity or product by any person. Title IV: National Security Savings - Prohibits the Department of Defense from procuring the following weapon systems: (1) B-2 bomber aircraft; (2) MX missiles; and (3) small intercontinental ballistic missiles (SICBM). Suspends the following weapon system programs until the President certifies to the Congress the need for such programs and the Congress authorizes such programs to proceed: (1) the Air Force advanced tactical fighter; (2) the aerospace plan; (3) the MILSTAR satellite; (4) the A-12 aircraft; (5) the V-22 Osprey aircraft; and (6) the Army light helicopter. Limits the procurement of certain weapon systems that are procured for use in any fiscal year after FY 1991 to the minimum number of units necessary to maintain a defense industrial base sufficient for producing that weapon system as needed to meet existing and contingent threats to the national security as, determined by the President. Specifies such systems as: (1) the seawolf submarine (SSN-21); (2) the M-1 tank; (3) the F/A-18 aircraft; (4) helicopters; (5) the F-14 aircraft; and (6) the F-16 aircraft. Expresses the sense of the Congress that: (1) the modernization of weapon systems, including aircraft carriers, should continue; and (2) the Navy should continue to operate nonnuclear-powered aircraft carriers in the fleet while the environmental risks associated with the deployment of nuclear aircraft carriers into zones of armed conflict are unacceptable. Amends the Department of Defense Authorization Act, 1985 to reduce the strength level of members of the Armed Forces stationed in Europe. Specifies the Armed Forces end strengths for FY 1992 through 1996. Provides for the distribution of personnel reductions by: (1) removing two heavy divisions of the Army from active to reserve components; (2) deactivating two light infantry divisions of the Army; and (3) reducing the number of aircraft carrier groups in the Navy. Declares that the Congress urges the President to enter into negotiations with appropriate foreign countries in regions where there are serious threats to vital national security interests of the United States in order to provide for the establishment of facilities in such countries that are suitable for facilitating rapid deployment of appropriate elements of the Armed Forces to those regions in the event of an international crisis that threatens those national security interests. Directs the President to take action as necessary to increase significantly the sea lift capabilities of the Armed Forces in order to facilitate the rapid deployment of such regions. Authorizes the Department of Defense to use funds available for the Strategic Defense Initiative for the development and deployment of an antiballistic missile defense system that is the minimum system necessary to defend the United States against a limited ballistic missile attack, including accidentally launched ballistic missiles. Authorizes appropriations for the sea lift and the Strategic Defense Initiative.
Bill· HRH.R. 3684 (102nd)referred
United States · United States Congress · 31 October 1991
Directs the Office of Management and Budget (OMB) to promulgate regulations requiring each department and agency to establish a performance standards and goals plan for each major expenditure category of the budget of such department or agency. Requires OMB to: (1) review and adjust such plans and establish an overall performance standards and goals plan for the Federal Government; and (2) monitor the implementation by each agency of its performance standards and goals and correction of other identified program problems or material weaknesses. Provides that it shall not be in order for either House of Congress to consider any bill or resolution which provides for the authorization of appropriations or for the appropriation of funds, unless it specifies performance standards and goals for such authorization or appropriation. Amends the Inspector General Act of 1978 to direct each Inspector General to: (1) determine in each audit conducted, supervised, or coordinated whether any material weakness exists; and (2) investigate allegations of fraud or misrepresentation in reports by Federal managers. Applies such requirements to any Inspector General to whom the provisions of such Act do not apply. Requires each audit by the Comptroller General of an agency to include a determination of whether any material weakness exists. Amends the Inspector General Act of 1978 to require each Inspector General to include in immediate reports on serious or flagrant problems information regarding: (1) a failure to meet established policy objectives and the performance standards discussed above; and (2) any problem, abuse, or deficiency causing a material loss to the Government. Requires the semiannual reports submitted by the Secretary of Housing and Urban Development to include a statement of the goals for each program under the Department and the measure of the effectiveness with which the Department has obtained such goals during the reporting period, together with an assessment of actions to be undertaken to achieve the goals.
Bill· HRH.R. 3683 (102nd)referred
United States · United States Congress · 31 October 1991
Amends the Department of Housing and Urban Development Act to establish in the Department of Housing and Urban Development the position of Assistant Secretary for Administration.
Bill· HRH.R. 3678 (102nd)referred
United States · United States Congress · 30 October 1991
Economic Growth Act of 1991 - Title I: Investment and Job Creation Incentives - Subtitle A: Reduction in Capital Gains Tax for Individuals - Amends the Internal Revenue Code to reduce the capital gains deduction for individuals. Provides special rules for the gain or loss from the sale or exchange of collectibles and sales of interest in partnerships. Disallows such deduction in computing the alternative minimum tax. Revises the formula for determining gain from the dispositions of certain depreciable realty to take into account depreciation adjustments (adjustments allowed or allowable for exhaustion, wear and tear, obsolescence, or certain amortization). Subtitle B: Inflation Adjustment for Investments - Requires indexing, based on the consumer price index, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business after April 15, 1991) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Provides for the inflation adjustment treatment of: (1) short sales; (2) regulated investment companies and real estate investment trusts; and (3) partnerships, S corporations, and common trust funds. Prohibits gain from the sale or other disposition of an indexed asset from being taken into account under the limitation on investment interest. Subtitle C: Enterprise Zones - Part I: Designation - Authorizes the Secretary of Housing and Urban Development (Secretary) to designate enterprise zones for purposes of providing tax and regulatory relief and improving local services. Limits choices to areas nominated by States and local governments. Limits the total number of areas that may be designated, and the time period of the designation. Authorizes the Secretary to designate a zone only if the area meets certain locational, demographic, unemployment, and poverty criteria. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action that may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, and providing job training to area residents. Describes areas to which the Secretary must give preference in selecting areas for designation. Requires the Secretary to report to the Congress every two years on the effects of such enterprise zones' designation in accomplishing the purposes of this Act. Part II: Federal Income Tax Incentives - Allows a nonrefundable income tax credit to enterprise zone employees for five percent of any wages earned as do not exceed a specified amount. Phases out such credit. Provides for the nonrecognition of capital gain on the sale of enterprise zone property. Allows a taxpayer a deduction on the aggregate amount paid for the purchase of enterprise stock on its original issue by a qualified issuer. Requires any gain from the disposition of the stock to be treated as ordinary income. Excludes enterprise zone capital gains from income computation of alternative minimum taxes. Part III: Regulatory Flexibility - Amends Federal law to revise the definition of "small entity" for purposes of the analysis of regulatory functions to include qualified business, government, and nonprofit enterprises operating within enterprise zones. Authorizes Federal agencies, upon request by a designating government, to waive or modify rules and regulations pertaining to the implementation of projects or activities within an enterprise zone. Requires agencies to approve the request if the resulting benefits of job creation, community development, or economic revitalization outweigh the public interest in retaining the rule unchanged. Disallows waiver or modification of a rule that would directly violate a statutory requirement or present a danger to the public health and safety. Part IV: Establishment of Foreign-Trade Zones in Enterprise Zones - Requires the Foreign-Trade Zone Board to consider on a priority basis and to expedite the processing of applications for the establishment of foreign-trade zones within enterprise zones. Requires the Secretary of the Treasury to give priority to, and expedite applications for, the establishment of ports of entry necessary to establish such zones. Part V: Repeal of Title VII of the Housing and Community Development Act of 1987 - Repeals title VII (enterprise zone development) of the Housing and Community Development Act of 1987. Subtitle D: Research and Experimentation Credit Made Permanent - Makes permanent the tax credit for increasing research activities and the tax credit for clinical testing expenses. Title II: Savings Incentives - Allows individuals to establish individual retirement plus accounts with tax treatment similar to that for individual retirement plans. Makes contributions to such accounts nondeductible. Allows existing individual retirement accounts (IRA) to be rolled over into individual retirement plus accounts with payment of tax on the amount rolled over for which a deduction was once allowable, but no tax when withdrawn. Title III: Homeownership Incentives - Subtitle A: First-Time Homebuyers - Allows a tax credit for the first-time purchase of a principal residence by individuals with incomes of $31,000 or less (phased-out to incomes of up to $41,000). Limits such credit to $1,000. Subtitle B: Penalty-Free IRA Plus Withdrawal for Home Purchase, Higher Education, and Health Costs - Allows penalty-free distributions from IRA Plus accounts of up to 25 percent of the account limit for: (1) first-time homebuyers; (2) medical expenses; and (3) higher education expenses. Title IV: Work Incentives - Subtitle A: Reduction in Social Security Penalty on Working Elderly - Amends title II of the Social Security Act (Old-Age, Survivors and Disability Insurance Benefits) to raise the earnings limit for retirees. Appropriates to each payor fund amounts equivalent to the aggregate increase in social security benefits payable from such fund which is attributable to such amendment. Directs the Secretary of Health and Human Services to study during 1997 whether further amendments relating to deductions on account of work and the exempt amount under the earnings limit are necessary or appropriate. Subtitle B: 25 Percent Reduction in Income Tax Rates - Reduces the individual income tax rates and the alternative minimum tax. Title V: Reduction in Federal Spending to Offset Revenue Loss - Requires the Director of the Office of Management and Budget to annually: (1) estimate the amount (if any) of the net reduction in Federal revenues for the fiscal year which will result from the amendments made by this Act; and (2) determine the sequestration percentage necessary to reduce Federal outlays for such fiscal year by an aggregate amount equal to the estimated amount of such net reduction. Requires the President to issue an order requiring a sequestration with respect to each budget account in an amount equal to the sequestration percentage of the amount otherwise available for such account.
Bill· HRH.R. 3656 (102nd)referred
United States · United States Congress · 29 October 1991
Amends the Public Health Service Act to give, to States adopting measures relating to medical malpractice liability that give incentives to health care providers to provide services to individuals unable to pay, priority for assistance under provisions relating to: (1) migrant and community health centers; and (2) health services for the homeless and residents of public housing. Amends the Stewart B. McKinney Homeless Assistance Act to give priority to such States for assistance under provisions relating to: (1) comprehensive homeless assistance plans; and (2) discretionary allocations for urgent needs of homeless persons.
Bill· HRH.R. 3655 (102nd)referred
United States · United States Congress · 29 October 1991
Amends the Stewart B. McKinney Homeless Assistance Act to give homeless housing assistance priority to recipients in States that allow space at National Guard facilities to be used as overnight homeless shelters.
Bill· SS. 1878 (102nd)referred
United States · United States Congress · 25 October 1991
Amends the National Housing Act to extend certain structural defect financial assistance to condominiums, including a specified housing project in Dade County, Florida.
Bill· SS. 1866 (102nd)open
United States · United States Congress · 24 October 1991
National Community Economic Partnership Act of 1991 - Amends the Omnibus Budget Reconciliation Act of 1981 to establish a National Commission on Community Economic Development (the Commission), as an independent agency, to: (1) administer the community development programs established under this Act; and (2) serve as a focal point for Federal promotion of community-based economic development. Directs the Commission to develop and promulgate, in consultation with the heads of other Federal agencies, regulations to permit appropriate operation of joint programs coordinating activities supported with assistance under this Act with activities supported with assistance under programs administered by such agency heads. Authorizes the Commission to enter into contracts and other appropriate arrangements with nonprofit organizations for operation and management of any projects undertaken under such a joint program. Requires the Commission to coordinate such joint programs with other related Federal, State, local, and private activities. Establishes a program of community economic partnership investment funds. Authorizes the Commission to provide nonrefundable lines of credit to community development corporations (CDCs) to establish, maintain, or expand revolving loan funds to finance projects to: (1) provide business and employment opportunities for low-income and unemployed individuals; and (2) improve the quality of life in urban and rural areas. Sets forth requirements relating to such revolving loan funds, including: (1) competitive assessment of applications from eligible entities for capitalization of such funds; (2) applications including strategic investment plans and demonstrations of experience and achievement; (3) matching local funds (with exceptions); (4) application approval criteria, including priority for target areas with low incomes and high unemployment; and (5) availability of lines of credit; (6) authorized uses of lines of credit and of revolving loan funds; (7) limitations on use of funds; (8) local contributions; and (9) use of proceeds from investments. Requires the Commission to give priority in providing lines of credit under this Act to CDCs that propose to undertake economic development activities in distressed communities that target women, Native Americans, at-risk youth, farmworkers, very low-income communities, single mother or refugees and programs providing loans in limited amounts to very small business enterprises. Allows not more than five percent of program appropriations to be reserved for such priority activities. Authorizes appropriations for FY 1993 through 1995 for such community economic partnership investment funds program. Establishes a program for emerging community development corporations (CDCs). Directs the Commission to award: (1) grants to community development corporations to attain or enhance the business management and development skills of the individuals that manage such CDCs, in order to enable such CDCs, to seek the public and private resources necessary to develop community economic projects; and (2) operating grants to community development corporations to enable them to support an administrative capacity for planning, developing, and management of low-income community development projects. Sets forth authorized uses and maximum amounts of, and application requirements for, such grants. Authorizes the Commission to award grants to emerging CDCs to enable them to establish, maintain, or expand revolving loan funds, to make or gurantee loans, or to make capital investments in new or expanding local businesses. Sets forth eligibility requirements, authorized uses of such revolving loan funds and of proceeds from investments, and maximum grant amount. Authorizes appropriations for FY 1993 through 1995 for such program for emerging CDCs. Establishes a community economic development research and demonstration program. Directs the Commission to award grants to enable eligible organizations to undertake programs involving research, testing, studies, or demonstrations related to community economic development. Makes eligible for such grants, if they submit appropriate applications, the following entities: CDCs, universities, fiscal intermediaries, or nonprofit organizations involved in community-based economic development. Sets forth authorized uses and maximum amount of such grants. Authorizes appropriations for FY 1993 through 1995 for such grants program. Prohibits funds authorized under this Act from being used to finance the construction of housing.
Law· HJRESH.J.Res. 360 (102nd)enacted
United States · United States Congress · 23 October 1991
Makes continuing appropriations for FY 1992 for projects or activities including the costs of direct loans and loan guarantees provided for in the following Acts: (1) the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1992; (2) the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1992; (3) the Department of Defense Appropriations Act, 1992; (4) the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1992; (5) the Department of the Interior and Related Agencies Appropriations Act, 1992; (6) the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1992; (7) the Military Construction Appropriations Act, 1992; (8) the Department of Transportation and Related Agencies Appropriations Act, 1992; (9) the Treasury, Postal Service, and General Government Appropriations Act, 1992; and (10) the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1992. Sets forth limitations on the use of such funds. Requires the following activities to be maintained at the current rate of operations: (1) the National Science Foundation's United States Antarctic Logistical Support Activities; and (2) the Federal Communications Commission's Salaries and Expenses account.
Bill· SS. 1846 (102nd)open
United States · United States Congress · 22 October 1991
Family Tax Relief Act 1991 - Title I: Modifications of Personal Income Tax - Amends the Internal Revenue Code to allow a refundable tax credit of $350 for each child under the age of 18. Title II: Modifications of the Congressional Budget Process - Amends the Congressional Budget Act of 1974 to reduce the discretionary spending limits for the defense, international, and domestic categories for FY 1992 and 1993. Reduces overall discretionary spending limits for FY 1994 and 1995. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the reductions in outlays for FY 1992 through 1995 resulting from the reductions in discretionary spending limits under this title to be treated as savings in direct spending for sequestration purposes. Title III: Nondefense Spending Savings - Subtitle A: Aid to Families With Dependent Children - Amends part A (Aid to Families With Dependent Children) (AFDC) of title IV of the Social Security Act to require State plans to reduce AFDC payments by reason of the tax credit for children. Provides that if any family becomes ineligible for AFDC payments because of such reduction, the family remains eligible for any other program the qualification for which is eligibility to receive such aid, and will not be required to reapply if otherwise eligible. Prohibits the approval of any State plan for medical assistance if payment levels are less than the payment levels in effect under such plan on October 1, 1991 (currently, May 1, 1988). Revises the method of allocating child support payments received for AFDC recipients. Subtitle B: Termination of Specific Programs - Terminates the following: (1) the superconductor super collider project; (2) the Space Station Freedom Program or any other space station; and (3) reduced rate mailings for qualified nonprofit organizations, except mailings by blind or other handicapped persons. Subtitle C: Termination of Certain Loan and Guarantee Programs - Provides for the termination of the Small Business Administration and the Export-Import Bank of the United States. Transfers certain authorities to other Federal agencies. Subtitle D: Education Provisions - Amends the Higher Education Act of 1965 to require certain institutions of higher education to pay a co-origination fee in order for a student to be eligible to receive certain loans to attend such institution. Bases such fee on the loan default rate of the institution. Requires the Secretary of Education to use such fees to make payments on defaulted loans. Lowers the rates on special allowances paid to lenders who make higher education loans. Amends the Deficit Reduction Act of 1984 to make permanent provisions regarding the collection of non-tax debts owed to Federal agencies. Amends Federal law to revise the method of computing aid to local educational agencies in the case of children of persons who reside or work on Federal property by taking into account the number of children whose parents are employed on public housing property. Subtitle E: Agricultural Programs - Amends the Food Security Act of 1985 to make individuals with adjusted gross incomes in excess of $100,000 ineligible for deficiency payments. Amends the Agricultural Act of 1949 to set forth the percentage of reduction in deficiency payments for wheat, feed grains, cotton, rice, and crops for crop years 1992 through 1995. Amend the Agricultural Trade Act of 1978 to repeal the export enhancement program and the market promotion program. Prohibits the Secretary of Agriculture from using cash or commodities of, or owned by, the Commodity Credit Corporation or the Department of Agriculture to subsidize: (1) the export of an agricultural commodity or product; or (2) market and export promotion of an agricultural commodity or product by any person. Title IV: National Security Savings - Prohibits the Department of Defense from procuring the following weapon systems: (1) B-2 bomber aircraft; (2) MX missiles; and (3) small intercontinental ballistic missiles (SICBM). Suspends the following weapon system programs until the President certifies to the Congress the need for such programs and the Congress authorizes such programs to proceed: (1) the Air Force advanced tactical fighter; (2) the aerospace plan; (3) the MILSTAR satellite; (4) the A-12 aircraft; (5) the V-22 Osprey aircraft; and (6) the Army light helicopter. Limits the procurement of certain weapon systems that are procured for use in any fiscal year after FY 1991 to the minimum number of units necessary to maintain a defense industrial base sufficient for producing that weapon system as needed to meet existing and contingent threats to national security as, determined by the President. Specifies such systems as: (1) the seawolf submarine (SSN-21); (2) the M-1 tank; (3) the F/A-18 aircraft; (4) helicopters; (5) the F-14 aircraft; and (6) the F-16 aircraft. Expresses the sense of the Congress that: (1) the modernization of weapon systems, including aircraft carriers, should continue; and (2) the Navy should continue to operate non-nuclear-powered aircraft carriers in the fleet while the environmental risks associated with the deployment of nuclear aircraft carriers into zones of armed conflict are unacceptable. Amends the Department of Defense Authorization Act, 1985 to reduce the strength level of armed forces stationed in Europe. Specifies the armed forces end strengths for FY 1992 through 1996. Provides for the distribution of personnel reductions by: (1) removing two heavy divisions of the Army from active to reserve components; (2) deactivating two light infantry divisions of the Army; and (3) reducing the number of aircraft carrier groups in the Navy. Declares that the Congress urges the President to enter into negotiations with appropriate foreign countries in regions where there are serious threats to vital national security interests of the United States in order to provide for the establishment of facilities in such countries that are suitable for facilitating rapid deployment of appropriate elements of the armed forces to those regions in the event of an international crisis that threatens those national security interests. Directs the President to take action as necessary to increase significantly the sea lift capabilities of the armed forces in order to facilitate the rapid deployment of such regions. Authorizes the Department of Defense to use funds available for the Strategic Defense Initiative (SDI) for the development and deployment of an antiballistic missile defense system that is the minimum system necessary to defend the United States against a limited ballistic missile attack, including accidentally launched ballistic missiles. Authorizes appropriations for the sea lift and SDI.
Bill· HRH.R. 3603 (102nd)open
United States · United States Congress · 22 October 1991
Family Preservation Act of 1991 - Title I: Child Welfare Services - Amends part B (Child Welfare Services) of title IV of the Social Security Act to convert the Child Welfare program from an authorization to a capped entitlement program. Requires maintenance of State effort under such program. Sets forth a new formula for allotments to States under such program. Repeals provisions for incentive payments to States which maintain a foster care inventory, information system, and case review system, but requires States to provide such protections and other services designed to keep families together or reunify them, or to place children for adoption, with a legal guardian, or in some other planned, permanent living arrangement. Requires States to submit the following types of reports on child welfare services and expenditures: (1) pre-expenditure reports; (2) post-expenditure reports; and (3) comparative financial contributions reports. Requires the Secretary of Health and Human Services (HHS) to annually transmit to specified congressional committees a summary of the information contained in such comparative financial contributions reports. Requires such information to be made available to the public. Reserves funds for entitlement grants to States to plan for and provide child welfare services designed to strengthen and preserve families. Requires use of part of such funds to develop or expand specialized child welfare services programs for families in crisis due to substance abuse that: (1) emphasize comprehensive services geared to the whole family; and (2) support or expand availability of programs for pregnant women and programs that allow mothers (and other caretaker relatives) to reside with their children while receiving services or treatment. Requires uses of the remaining part of such funds to develop or expand: (1) service programs to help children, where appropriate, return to families from which they have been removed, or be placed for adoption, with a legal guardian, or in some other planned, permanent living arrangement; (2) preplacement preventive services programs to help children at risk of foster care placement to remain with their families; or (3) service programs for follow-up care for families to whom a child has been returned after a foster care placement. Reserves funds for grants to State court systems to assess and improve procedures in child welfare cases, in carrying out the Child Welfare Services program and part E (Foster Care and Adoption Assistance) of title IV of the Social Security Act. Sets forth application requirements and formulas for determining the amount of such grants for FY 1993 through 1997. Directs the Secretary of HHS to submit interim and final reports to the Congress on the information obtained from assessments conducted with such grants and the impact of such grant programs on State court procedures and functions. Requires each State to periodically compile a detailed directory of programs designed to keep families together or reunify them or place children permanently, identifying which of such programs provides specialized child welfare services to families in crisis due to substance abuse. Requires States to report on measures taken to comply with the Indian Child Welfare Act. Title II: Foster Care and Adoption Assistance - Amends title IV (Grants to States for Aid and Services to Needy Families with Children and for Child Welfare Services) of the Social Security Act to add a new part C, Comprehensive Service Projects, to grant States flexibility and resources to develop comprehensive and coordinated services designed to: (1) preserve and strengthen families with children at risk of placement outside their homes; (2) reunite children with their families expeditiously if an out-of-home placement is found to be necessary; and (3) place children in adoptive homes or other permanent arrangements in a timely fashion if reunification with their families is not appropriate. Permits any State to apply to the Secretary of HHS for permission to: (1) conduct a comprehensive service project in a selected area or areas; and (2) suspend certain child welfare services and foster care and adoption assistance requirements with respect to State activities in such area or areas during the project. Sets forth application requirements and administrative provisions for such projects. Prohibits the Secretary of HHS from requiring as a condition of approval of a project application: (1) the State to select any area or areas in which to conduct the project; or (2) the project to comply with any requirements not specified in the project authorization. Sets forth those requirements with which such a project must comply. Provides for determining the expenses for which a State might properly seek reimbursement, for purposes of calculating such grant amount. Authorizes the Secretary of HHS to increase such grant amount, to the extent appropriate, by taking specified factors into account. Sets forth requirements for notification to States of grant amounts, and for grant payments in equal quarterly installments. Prohibits a State from carrying out such a project in a manner that impairs the entitlement of any child to: (1) the foster care benefits he or she would have received if the Secretary had approved the State plan for the fiscal year and had not authorized the State to conduct such a project; or (2) any other benefit to which the child is legally entitled. Deems a State to have in effect an approved foster care and adoption assistance plan during the period in which it conducts such a project for purposes of State plan requirements under part A (Aid to Families with Dependent Children) (AFDC) of title IV of the Social Security Act. Requires States to report annually on funds expended under such projects to the Secretary of HHS and the Advisory Commission on Children and Families. Provides for administrative remedies for unsuccessful projects. Provides for project termination. Requires a State to discontinue the project at the end of a fiscal year: (1) if it has notified the Secretary that it intends to do so; or (2) if the Secretary has determined for the fiscal year that the State is not conducting the project in accordance with requirements and is not making satisfactory progress toward achieving the State plans, and the Secretary does not plan to pursue an administrative remedy with respect to the project. Makes abandoned children entering foster care eligible for foster care maintenance payments. Makes the adoptive parents of any such child with respect to whom foster care maintenance payments may be made eligible for adoption assistance payments. Makes technical revisions in the foster care maintenance payments program and the adoption assistance program to expand the removal from home requirement to include removal from legal custody. Provides for retroactive application of such new requirement under the adoption assistance program. Makes children whose adoption has been set aside by a court eligible for foster care maintenance payments. Makes the adoptive parents of any such child with respect to whom foster care maintenance payments may be made eligible for adoption assistance payments. Establishes a respite care program for foster parents with children who have special needs. Limits the expenses eligible for reimbursement under such program. Expands the definition of children with special needs, for purposes of the adoption assistance program, to include: (1) those children for whom information is known and available about their genetic or social history indicating a high risk of medical conditions or physical, mental or emotional handicaps (which makes it reasonable to conclude they cannot be placed for adoption without providing part E adoption assistance or Medicaid (title XIX of the Social Security Act) medical assistance; and (2) those children that have been adopted, that were under the care and responsibility of the State agency responsible for administering the State's part E programs prior to being adopted, and that have a mental, physical, or emotional handicap that either existed before the adoption but was not diagnosed until afterwards or first manifests itself after the adoption but is congenital or was caused beforehand. Includes relatives (as well as foster parents) who are prospective adoptive parents and with whom the child has significant emotional ties while in their care for purposes of an exception to the requirement that an effort be made to place special needs children with appropriate adoptive parents without providing adoption assistance or Medicaid assistance. Requires each State to submit to the Secretary of HHS the factors and conditions it uses to identify children with special needs, for purposes of the adoption assistance program, and any modifications to such factors and conditions. Directs the Secretary of HHS to establish an Advisory Committee on Foster Care Placement to study and report to the Secretary and the Congress on the implementation of specified requirements, under State plans for foster care and adoption assistance, that reasonable efforts be made: (1) prior to placement of a child in a foster home, to prevent or eliminate the need for removal of the child from the child's home; and (2) to make it possible for the child to return to the child's home. Provides Federal coverage of 90 percent of State costs in developing and installing statewide mechanized data collection and information retrieval systems which: (1) the Secretary determines are likely to enhance the administration of such programs; (2) are capable of interfacing with the State data collection system for information on child abuse and neglect; and (3) meet other specified requirements. Covers 50 percent of State costs for operation of such systems. Provides that all State expenditures for development, installation, and operation of such systems shall be treated as necessary for proper and efficient administration of the State plan, without regard to whether the systems may be used with respect to foster or adoptive children other than those on behalf of whom payments may be made for foster care maintenance or adoption assistance. Reduces, after three years, from 90 to 50 percent the Federal matching payment for development and installation of such systems. Defers a deadline for implementation of automated systems until one year after certain regulations are promulgated. Directs the Secretary to establish a work group, including representatives of specified organizations, to advise on planning and implementation of the system to be used for collection of data relating to adoption and foster care in the United States. Requires the State plan to provide for: (1) a triennial review of the amounts paid as foster care maintenance payments and adoption assistance to assure their continuing appropriateness; and (2) a report to the Secretary of HHS on the results. Requires that the dispositional hearing to determine the final status of a foster child: (1) occur within 12 months of his or her original placement, rather than the current 18 months; (2) determine and document the measures needed to enhance the likelihood of making the child legally eligible for adoption and of finding an adoptive home for the child, if the hearing determines that the child should be placed for adoption, and the specific measures which have been or need to be taken to make an adoptive placement or a finding that placement of the child in an adoptive family would be inappropriate, if the child is legally eligible for adoption. Revises the time frame for judicial determinations on voluntary placements. Sets forth case plan requirements for placement of children in out-of-State foster care, including a finding that the child needs services not available in the State. Requires annual review, with the child present, of the status of children in out-of-State foster care placements. Requires States to collect data on the numbers of children in out-of-State foster care placements. Requires a State, in order to receive payments for expenditures after FY 1994 for foster care maintenance payments made with respect to children placed in foster care outside the State, to conduct and submit a study to the Secretary of HHS, by the end of such fiscal year, identifying the number and common characteristics of such children and the reason why they were not placed in foster care in the State. Sets forth provisions with respect to the treatment of assets of youth participating in the independent living program. Eliminates the ceilings on Federal foster care payments to States and the States' authority to transfer unused foster care funds to the Child Welfare Services program. Directs the Secretary of HHS to: (1) establish an advisory committee; and (2) issue final regulations for training of staff of agencies responsible for administering foster care and adoption assistance programs and for training of foster and adoptive parents. Requires such committee to include representatives of public agencies and nonprofit organizations with an interest in child welfare. Directs the Secretary to annually publish information, on a State-by-State basis, on expenditures for, and the operation of, the Child Welfare Services program, the Foster Care and Adoption Assistance program, and Comprehensive Service Projects. Amends title IV of the Social Security Act to add a new part G, Child Welfare Review System. Directs the Secretary of HHS to establish such system to: (1) review each State child welfare program to assess whether the requirements of such Act are being carried out; (2) impose financial penalties in cases of substantial failure to comply; and (3) provide technical assistance to any such program. Requires the Secretary to complete such a review for each State program not less frequently than once every three years. Sets forth provisions relating to effects of noncompliance, suspension and recision of financial penalties, and administrative and judicial review. Requires that all State child welfare programs be reviewed at least once by the end of FY 1997. Prohibits the Secretary from reducing or withholding any payment or seeking any repayment from any State under part B or E by reason of a determination made in connection with specified reviews or audits for certain periods. Prohibits suspension of payments with respect to any claim for reimbursement 30 days after the Secretary of HHS receives the quarterly statement of expenditures that contains the report of the claim. Provides that within ten months after the Secretary takes any action to suspend payment with respect to such a claim, the Secretary shall: (1) determine the allowability of the claim; or (2) if unable to make such a determination, make payment with respect to the claim, subject to a later determination of allowability. Title III: Emergency Assistance - Amends the AFDC program to require States to provide emergency assistance to needy families with children, including services designed to prevent homelessness. Title IV: Social Services Block Grant - Amends title XX (Block Grants to States for Social Services) of the Social Security Act to authorize increased appropriations at specified levels under such program for FY 1993 through 1996 and at levels indexed to increases in the Consumer Price Index thereafter. Provides for the allocation to tribal organizations of program funds otherwise allotted to the State in which the Indians represented by such organization reside. Title V: Research, Demonstration, and Evaluation Activities - Amends part A (General Provisions) of title XI (General Provisions and Professional Standards Review) of the Social Security Act to require the Director of the Office of Technology Assessment (OTA) to establish an Advisory Commission on Children and Families (the Commission). Requires the Commission to collect and assess specified types of information in order to identify cost-effective approaches to protect and enhance the physical, mental, emotional, and financial well-being of children and their families. Directs OTA to report annually to the Congress on the Commission and its assessment. Requires the Commission to conduct, through contracts with independent research organizations, the following research and evaluation projects: (1) an evaluation of child welfare service programs, including intensive family preservation programs; (2) foster care evaluations; (3) longitudinal child welfare data bases, and studies of child welfare population dynamics; and (4) comprehensive service projects evaluations. Requires the Commission to conduct a study concerning child separation guidelines. Directs the Secretary of HHS to conduct the following research and evaluations: (1) a study (under contract with an independent research organization) to assess the prevalence and nature of risks to the safety of employees of child welfare systems; and (2) a three-year study (under contract with an organization with demonstrated appropriate experience) to examine methodologies for measuring the workloads of providers of child welfare services and community mental health services. Directs the Secretary of HHS to authorize child welfare demonstration projects concerning each of the following: (1) abandoned infants' permanent placement; (2) termination of parental rights; (3) child welfare worker training in U.S. areas that border on Mexico; (4) staff recruitment and retention; and (5) joint training for staff of child welfare, mental health, and juvenile justice agencies. Directs the Secretary of HHS to authorize demonstration projects to test the feasibility of eliminating income and resource requirements respecting foster care and adoption assistance payments. Directs the Secretary of HHS to provide technical assistance to States for: (1) interpreting and implementating parts B, C, and E; (2) disseminating information on innovative child welfare agencies; (3) correcting problems identified through Federal audits and reviews and carrying out corrective action plans under part E; (4) implementing the foster care and adoption data collection system; and (5) addressing other matters identified by such Secretary. Title VI: Miscellaneous Human Resources Amendments - Amends the AFDC program to give States the option of using retrospective budgeting without monthly reporting under AFDC. Increases the amount of stepparent income disregarded under AFDC. Amends the Family Support Act of 1988 to extend demonstration projects for evaluating model procedures for reviewing child support awards. Amends the Omnibus Budget Reconciliation Act of 1989 and the Omnibus Budget Reconciliation Act of 1990 to make technical corrections relating to human resource and income security provisions. Repeals the technical amendment made by the Omnibus Budget Reconciliation Act of 1990 with respect to the National Commission on Children. Title VII: Budget Compliance Provisions - Specifies the applicable cost estimate of this Act for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). States that the conversion by this Act of the Child Welfare program from an authorization to a capped entitlement program shall not be treated as a change in concept or definition under the Gramm-Rudman-Hollings Act.
Bill· HRH.R. 3594 (102nd)referred
United States · United States Congress · 21 October 1991
Excludes certain New Jersey property tax rebates from consideration as income for specified housing programs under the United States Housing Act of 1937 and the Housing Act of 1959.
Law· HRH.R. 3576 (102nd)enacted
United States · United States Congress · 17 October 1991
Amends the Cranston-Gonzalez National Affordable Housing Act to reserve specified HOME investment partnerships assistance for Guam, the Northern Mariana Islands, the Virgin Islands, and American Samoa (insular areas).