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Bill· HRH.R. 5863 (97th)referred
United States · United States Congress · 17 March 1982
Auto Workers Job Opportunity Tax Credit Act of 1982 - Amends the Internal Revenue Code to provide employers an income tax credit for hiring unemployed auto workers. Provides a credit equal to: (1) 50 percent of first-year wages; (2) 25 percent of the second-year wages; and (3) 10 percent of the third-year wages. Defines "unemployed auto workers" to include auto workers laid off after December 31, 1980, who worked for 20 of the 24 months preceding employment termination. Allows a refundable income tax credit equal to 25 percent of the retraining expenses for unemployed auto workers. Defines "retraining expenses" as tuition and fees required for the enrollment or attendance of a student at an eligible educational institution.
Bill· HRH.R. 5868 (97th)referred
United States · United States Congress · 17 March 1982
Directs the Secretary of the Treasury to study and report to specified congressional committees on the advisability of replacing the Federal individual income tax or such income tax and the Federal corporate income tax with a simplified income tax on gross income.
Bill· SS. 2214 (97th)open
United States · United States Congress · 16 March 1982
Amends the Internal Revenue Code to repeal the exclusion from gross income of interest received by a taxpayer which was to take effect in 1985. Replaces such exclusion with a limited exclusion from gross income of interest and dividends received by a taxpayer after 1982. Limits such exclusion to 25 percent of the lesser of $2,000 ($4,000 for joint returns) or the net interest and dividend income of the taxpayer. Provides special rules for such exclusion for regulated investment companies and real estate investment trusts. Restricts the income tax deduction for interest paid by a taxpayer to interest paid on: (1) acquiring, constructing, or rehabilitating property used as a dwelling unit; (2) acquiring a passenger automobile; (3) carrying on a trade or business; (4) higher education expenses; or (5) certain investments. Limits such deduction to a specified percentage of interest paid in taxable years 1982 through 1984.
Bill· SS. 2213 (97th)open
United States · United States Congress · 16 March 1982
Independent Contractor Tax Status Clarification Act of 1982 - Amends the Internal Revenue Code to specify standards for determining whether certain individuals qualify as independent contractors for purposes of the tax on employment income. Treats an individual as an independent contractor if such individual: (1) controls the total number of his work hours; (2) does not maintain a principal place of business, or, if he does, such place of business is not provided, or is not provided rent-free, by the person for whom such individual performs services; (3) has substantial investment in his business and earns income based upon sales or output rather than upon number of hours worked; (4) performs services pursuant to a written contract and is provided written notice of his responsibility with respect to income and self-employment taxes; and (5) the recipient of such individual's services files returns disclosing payments made to such individual. Provides that the criteria established by this Act shall not be applicable to agent-drivers, commission-drivers, full-time life insurance salesmen, home workers, and traveling or city salesmen who are statutorily designated as employees for purposes of social security taxation. Provides that the failure of an individual claiming independent contractor status to meet the criteria established by this Act shall not create an inference that such an individual is an employee or that the recipient of his services is an employer. Limits the applicability of the criteria established by this Act to questions of employment status arising under the Federal Insurance Contributions Act, the Federal Unemployment Tax Act, self-employment tax provisions, and withholding requirements under the Internal Revenue Code. Requires recipients of services performed by an independent contractor to file an information return with respect to payments made for such services in excess of $600 for the taxable year. Requires individuals who file such information returns to furnish written statements to persons with respect to whom such information is reported which indicate the amount of payment reported. Provides penalties for failure to furnish information returns or statements. Applies deficiency procedures for the assessment of unpaid taxes due to the reclassification of an individual as an employee who had been treated as an independent contractor. Treats as employees, for purposes of the withholding of income tax, certain traveling or city salesmen.
Bill· SS. 2212 (97th)open
United States · United States Congress · 16 March 1982
Amends the Internal Revenue Code to disallow either an income tax deduction or credit for expenditures made in connection with the illegal sale of drugs.
Resolution· SCONRESS.Con.Res. 71 (97th)referred
United States · United States Congress · 16 March 1982
Expresses the sense of the Congress that: (1) the President and the Congress must work together to reduce substantially the budget deficits projected for fiscal year 1983 and following years; (2) the President and the Board of Governors of the Federal Reserve System must take action to assure that interest rates remain at a level commensurate with a vigorous and stable economic recovery; and (3) the goal of monetary policy must be to stabilize interest rates at a level close to the historical average relationship between nominal interest rates and the rate of inflation.
Bill· HRH.R. 5836 (97th)open
United States · United States Congress · 16 March 1982
Title I: Tax Provisions - Miscellaneous Revenue Act of 1981 - Amends the Crude Oil Windfall Profit Tax Act of 1980 to delay until December 31, 1982, the effective date of the requirement that in cases of corporate liquidations a corporation inventorying goods under the last-in, first-out (LIFO) method of accounting treat the LIFO recapture amount with respect to distributed inventory assets as ordinary income. Amends the Internal Revenue Code to provide a ten-year carryback and a five-year carryover of that portion of the net operating loss of the Federal National Mortgage Association (FNMA) which exceeds the FNMA mortgage disposition loss (excess of losses over gains from the sale of mortgages and other debt instruments to the extent of the net operating loss for the taxable year in which the excess occurs). Permits reasonable litigation costs, including attorneys' fees, to be awarded to the prevailing party (other than the United States or a creditor of the prevailing party) in any civil proceeding in any court of the United States for the determination, collection, or refund of any tax, interest, or penalty imposed under the Internal Revenue Code if it is determined that the position of the United States was unreasonable. Requires such party to have exhausted the available administrative remedies within the Internal Revenue Service. Limits such award to $50,000. Disallows costs of proceedings involving declaratory judgments, except those involving the revocation of an organization's status as a tax-exempt public charity. Includes as attorneys' fees any amounts paid to an individual who is not an attorney but who is authorized to practice before the Tax Court. Defines "prevailing party" as a party who substantially prevails with respect to the amount in controversy or the most significant issue or set of issues. Disqualifies costs of proceedings commenced after September 30, 1984. Increases from $500 to $5,000 the maximum penalty for instituting Tax Court proceedings for purposes of delay and imposes such penalty for the bringing of proceedings which are frivolous or groundless. Revises the test for whether proceedings are brought for purposes of delay. Exempts accrual basis taxpayers from the application of tax rules limiting the acceleration of accrual of taxes by a taxing jurisdiction if they so elect or if they were not liable for any tax prior to the effective period of acceleration. Sets forth rules for the accounting of accruals in the case of taxpayers who make such an election. Revises the formula used for purposes of the personal holding company tax to determine whether the sum of the deductions directly allocable to the conduct of a lending or finance business allows the exclusion of such a business from the definition of a personal holding company. Increases from 60 to 144 months the limitation on the maturity of commercial paper and loans dealt in or made by a lending or finance business. Excepts from the definition of "lending or finance business" the making of loans, notes, or installment obligations under open end credit agreements. Amends the Energy Tax Act of 1978, with respect to refunds resulting from the repeal of the manufacturers excise tax on buses, to extend to December 31, 1982, the period for reimbursement of tax to the ultimate purchaser and revise requirements regarding proof of reimbursement. Title II: Unemployment Compensation and Welfare Provisions - Amends title IX (Employment Security) of the Social Security Act to extend the period during which certain amounts transferred to State unemployment funds may be used to administer a State's unemployment compensation law and public employment offices. Amends the Internal Revenue Code to exclude any work-study student (as opposed to any work-study student under age 22) from coverage under the Federal Unemployment Tax Act. Extends for two years the exclusion of wages paid to aliens admitted to the United States to perform agricultural work, pursuant to the Immigration and Nationality Act, from Federal unemployment taxes. Restores unemployment benefits eligibility for members of the armed services who leave the service at the end of their enlistment. Limits unemployment benefits to ex-service members who have served 730 or more continuous days in military service. Requires a four-week waiting period between the week in which the individual is separated from the service and the week in which he becomes entitled to compensation. Limits an eligible ex-service member's benefits to 13 weeks. Substitutes a one-month prospective accounting period in the Supplemental Security Income (SSI) program for the retrospective accounting period required by the Omnibus Budget Reconciliation Act of 1981. Amends title XVI of the Social Security Act (SSI) to credit States for unnegotiated benefit checks which are "State supplement-only" checks. Repeals the provisions of the Omnibus Budget Reconciliation Act of 1981 that require all States, in cases involving non-AFDC families, to charge any absent parent who is obligated to pay child support through the State Child Support Enforcement Agency a fee equal to ten percent of the child support payment to cover administrative costs. Allows States to: (1) charge a fee of up to $20 for a non-AFDC collection and retain an amount equal to administrative costs not covered by the fee; or (2) collect from the parent who owed child or spousal support an amount to cover administrative costs, in addition to the child support payment.
Bill· HRH.R. 5855 (97th)open
United States · United States Congress · 16 March 1982
Merger Control Act of 1981 - Amends the Internal Revenue Code to disallow an income tax deduction for interest paid or incurred on any loan which is used to acquire stock in order to gain control of a corporation, if the Board of Directors disapproves of the proposed acquisition by a majority vote.
Bill· HRH.R. 5842 (97th)open
United States · United States Congress · 16 March 1982
National Science Foundation Authorization Act for Fiscal Years 1982 and 1983 - Title I: Authorization of Funds for Fiscal Year 1982 - Authorizes appropriations for the National Science Foundation for FY 1982 for the following categories: (1) mathematical and physical sciences; (2) engineering; (3) biological, behavioral, and social sciences; (4) astronomical, atmospheric, earth, and ocean sciences; (5) ocean drilling programs; (6) U.S. Antarctic Program; (7) scientific, technological, and international affairs; (8) cross- directorate programs; (9) program development and management; (10) science and engineering education; and (11) modernization of research equipment and facilities. Limits the amount of authorizations which may be expended for consultation and for expenses of the Foundation incurred outside the United States. Title II: Authorization of Funds for Fiscal Year 1983 - Authorizes appropriations for FY 1983 for the following categories: (1) mathematical and physical sciences; (2) engineering; (3) biological, behavioral, and social sciences; (4) astronomical, atmospheric, earth, and ocean sciences; (5) ocean drilling programs; (6) U.S. Antarctic Program; (7) scientific, technological, and international affairs; (8) program development and management; and (9) science and engineering education. Specifies amounts for research to aid the handicapped, the National Research Opportunity Grant Program, and research instrumentation. Limits the amount of authorizations which may be expended for consultation and for expenses of the Foundation incurred outside the United States. Title III: Availability of Funds and Other Functions - Requires that the ratio of individual program appropriations to total appropriations to be the same as the ratio of individual program authorizations to total authorizations. Permits the transfer of funds among categories exceeding ten percent of the authorized amount of a category if the chairmen of the House Committee on Science and Technology and the Senate Committee on Labor and Human Resources each write the Director of the Foundation that there is no objection to the transfer or 30 days have passed after such committees were notified of the proposed transfer. Repeals the requirement that the Director establish a Resource Center for Science and Engineering at an educational institution enrolling a substantial number of minority and/or low-income students. Title IV: Directorate for Science and Engineering Education - Names the Directorate for Science and Engineering Education as a permanent organizational entity of the Foundation. Requires that the appropriate committees of Congress be given 30 days notice of any proposed changes in the functions or organization of the Directorate.
Bill· HRH.R. 5845 (97th)referred
United States · United States Congress · 16 March 1982
Amends the Internal Revenue Code to revise requirements for the deduction of expenses incurred in attending a convention, seminar, or other meeting held on a domestic cruise ship documented under the laws of the United States.
Bill· HRH.R. 5843 (97th)referred
United States · United States Congress · 16 March 1982
Amends the Internal Revenue Code to provide for the recapture of overall foreign losses in the case of any loss sustained with respect to stock or debt of a corporation: (1) in which the taxpayer owned at least ten percent of the voting stock at the time the loss was sustained or within one year prior to such time; and (2) with respect to which the taxpayer's entire interest is terminated before the close of the third taxable year following the taxable year in which the loss was sustained.
Resolution· HRESH.Res. 394 (97th)referred
United States · United States Congress · 16 March 1982
Expresses the sense of the House of Representatives that changes to the Railroad Retirement Act of 1974 proposed in the FY 1983 budget should not be implemented.
Resolution· HCONRESH.Con.Res. 291 (97th)referred
United States · United States Congress · 16 March 1982
Expresses the sense of the Congress that the President should submit a revised budget proposal for FY 1983 to the Congress before submitting any further request for an increase in the Federal debt ceiling. Requires such budget to: (1) significantly reduce the deficit in FY 1983 and in subsequent years; (2) carefully scrutinize the Department of Defense budget; (3) reduce Federal spending; (4) represent a major effort at meaningful tax reform; and (5) maintain investments in areas critical to our Nation's long-term economic health, including education.
Bill· SS. 2201 (97th)open
United States · United States Congress · 15 March 1982
Amends the Internal Revenue Code to revise provisions which set forth special rules for the leasing of depreciable property to include fire or rescue vehicles as qualified leased property.
Bill· SS. 2200 (97th)open
United States · United States Congress · 15 March 1982
Flat Rate Tax Act of 1982 - Amends the Internal Revenue Code to repeal the income tax tables. Provides for an income tax rate of ten percent for all individuals, estates, and trusts. Repeals all special tax deductions, credits, and exclusions from income for individuals. Amends the Economic Recovery Tax Act of 1981 to increase to $2,000 the deduction for personal exemptions.
Resolution· SRESS.Res. 339 (97th)open
United States · United States Congress · 15 March 1982
Expresses the sense of the Senate that any tax increases or tax benefit decreases enacted during 1982 shall not have retroactive application.
Bill· HRH.R. 5831 (97th)open
United States · United States Congress · 15 March 1982
Amends the Consolidated Farm and Rural Development Act to establish FY 1983 through 1985 lending limits for real estate loans, operating loans, and emergency loans under the Agricultural Credit Insurance Fund. States that at least 25 percent of farm ownership and operating loans shall be for low-income, limited-resource borrowers. Establishes FY 1983 through 1985 lending limits for water and sewer facility loans, industrial development loans, and community facility loans under the Rural Development Insurance Fund.
Bill· HRH.R. 5829 (97th)open
United States · United States Congress · 15 March 1982
Taxpayer Compliance Improvement Act of 1982 - Title I: Administrative Provisions - Amends the Internal Revenue Code to require the filing of informational returns for interest (including discount on original issue) on United States and corporate bearer obligations, beginning in 1983. Directs the Secretary of the Treasury to prescribe regulations with respect to reporting requirements for commodities and securities brokers. Requires the States to provide information to the Internal Revenue Service (IRS) concerning refunds of State income tax over $10 paid to any individual, beginning in 1983. Requires all employers of more than five employees to report charged tips paid to employees to the IRS. Authorizes the Secretary to require the filing of tax returns in a form capable of being processed by equipment utilized by the IRS. Requires the semiannual compounding of interest payable under the Internal Revenue Code. Requires the semiannual determination of the interest rate on overpayments of tax. Places restrictions on the payment of interest on overpayments of tax if the tax return is filed late, the return is not in processable form, or if the overpayment results from a net operating loss or capital loss carryback. Imposes a civil fraud penalty on corporate directors, officers, agents, or employees who knowingly participate in fraud which results in an underpayment of tax by the corporation. Sets such penalty at 50 percent of the underpayment, up to $100,000 per individual. Makes such individuals jointly and severably liable for such fraud penalty. Imposes a minimum penalty of $100 for failure to file a tax return within 60 days of the prescribed filing date (with extensions). Exempts taxpayers who show reasonable cause for filing late from the penalty. Provides that any taxpayer who fails to make estimated tax payments will not be subject to criminal penalties unless such taxpayer is also subject to a civil penalty for the same offense. Increases the penalty for failure to file informational returns relating to information at source, payments of dividends, and certain transfers of stock to $50 per failure, up to $50,000. Imposes an unlimited $100 penalty per failure to file such returns if the failure is due to intentional disregard. Increases the civil penalty for failure to supply a taxpayer identifying numbers to $50 for each failure, up to $50,000. Requires withholding at source in the case of individuals who fail to provide a required identification number or who provide an incorrect one. Imposes an additional penalty for substantial understatements of tax liability by individuals and corporations. Provides for a penalty of ten percent of the underpayment if such underpayment exceeds the greater of $5,000 ($10,000 in the case of a corporation) or ten percent of the amount of tax required to be shown on the return. Provides for the voluntary withholding of deferred income from certain pension and annuity plans. Title II: Rules and Regulations; Paperwork Reduction - Directs the Secretary to prescribe rules and regulations relating to the internal revenue laws as soon as possible. Requires the Secretary to report to the Congress annually on any delays in issuing regulations, the reasons for such delays, and any progress made in eliminating such delays. Exempts the IRS from provisions of the Paperwork Reduction Act of 1980 requiring approval of information collection requests and regulations by the Office of Management and Budget. Requires the Secretary to report to the Congress on the design of tax forms.
Bill· HRH.R. 5835 (97th)referred
United States · United States Congress · 15 March 1982
Limits the authorized appropriations for FY 1983 for the Office of the President to the amount spent by such Office for FY 1982.
Resolution· HRESH.Res. 390 (97th)referred
United States · United States Congress · 15 March 1982
Sets forth the rule for the consideration of S. 951 (Authorization of appropriations for the Department of Justice).
Bill· SS. 2197 (97th)open
United States · United States Congress · 11 March 1982
Amends the Internal Revenue Code to exempt from the excise taxes on gasoline, diesel fuel, and special motor fuels any such fuels sold for use in certain taxicabs. Imposes requirements of registration for such exemption. Makes permanent the provision for refund of taxes paid on the sale of fuel for taxicabs. Amends the definitions of qualified taxicab services and qualified taxicab.
Bill· SS. 2198 (97th)open
United States · United States Congress · 11 March 1982
Taxpayer Compliance Improvement Act of 1982 - Title I: Administrative Provisions - Amends the Internal Revenue Code to require the filing of informational returns for interest (including discount on original issue) on United States and corporate bearer obligations, beginning in 1983. Directs the Secretary of the Treasury to prescribe regulations with respect to reporting requirements for commodities and securities brokers. Requires the States to provide information to the Internal Revenue Service (IRS) concerning refunds of State income tax over $10 paid to any individual, beginning in 1983. Requires all employers of more than five employees to report charged tips paid to employees to the IRS. Authorizes the Secretary to require the filing of tax returns in a form capable of being processed by equipment utilized by the IRS. Requires the semiannual compounding of interest payable under the Internal Revenue Code. Requires the semiannual determination of the interest rate on overpayments of tax. Places restrictions on the payment of interest on overpayments of tax if the tax return is filed late, the return is not in processable form, or if the overpayment results from a net operating loss or capital loss carryback. Imposes a civil fraud penalty on corporate directors, officers, agents, or employees who knowingly participate in fraud which results in an underpayment of tax by the corporation. Sets such penalty at 50 percent of the underpayment, up to $100,000 per individual. Makes such individuals jointly and severably liable for such fraud penalty. Imposes a minimum penalty of $100 for failure to file a tax return within 60 days of the prescribed filing date (with extensions). Exempts taxpayers who show reasonable cause for filing late from the penalty. Provides that any taxpayer who fails to make estimated tax payments will not be subject to criminal penalties unless such taxpayer is also subject to a civil penalty for the same offense. Increases the penalty for failure to file informational returns relating to information at source, payments of dividends, and certain transfers of stock to $50 per failure, up to $50,000. Imposes a minimum penalty for failure to file such returns if the failure is due to intentional disregard. Increases the civil penalty for failure to supply a taxpayer identifying numbers to $50 for each failure, up to $50,000. Requires withholding at source in the case of individuals who fail to provide a required identification number or who provide an incorrect one. Imposes an additional penalty for substantial understatements of tax liability by individuals and corporations. Provides for a penalty of ten percent of the underpayment if such underpayment exceeds the greater of $5,000 ($10,000 in the case of a corporation) or ten percent of the amount of tax required to be shown on the return. Provides for the voluntary withholding of deferred income from certain pension and annuity plans. Title II: Rules and Regulations; Paperwork Reduction - Directs that the Secretary shall prescribe any rules and regulations relating to the internal revenue laws as soon as possible. Requires the Secretary to report to the Congress annually on any delays in issuing regulations, the reasons for such delays, and any progress made in eliminating such delays. Exempts the IRS from provisions of the Paperwork Reduction Act of 1980 requiring approval of information collection requests and regulations by the Office of Management and Budget. Requires the Secretary to report to the Congress on the design of tax forms.
Bill· SS. 2199 (97th)open
United States · United States Congress · 11 March 1982
Amends the Internal Revenue Code to provide that fungible products which are marketed through pooling arrangements of a cooperative association shall be deemed export property of a Domestic International Sales Corporation. Specifies that where a borrower of a producer's loan markets fungible products through pooling arrangements of a cooperative association, his receipts of sale proceeds from the pool shall be deemed to be derived from the sale of products outside the United States in the same proportion that sales of the pool outside the United States bear to total sales of the pool.
Bill· HRH.R. 5821 (97th)open
United States · United States Congress · 11 March 1982
Rescinds any legislation enacted after December 31, 1980, granting Members of Congress an income tax deduction for living expenses.
Bill· HRH.R. 5809 (97th)open
United States · United States Congress · 11 March 1982
Rescinds any legislation enacted after December 31, 1980, granting Members of Congress an income tax deduction for living expenses.
Bill· HRH.R. 5805 (97th)open
United States · United States Congress · 11 March 1982
Rescinds any legislation enacted after December 31, 1980, granting Members of Congress an income tax deduction for living expenses.
Bill· HRH.R. 5812 (97th)referred
United States · United States Congress · 11 March 1982
Critical Industry Reindustrialization Tax Act of 1982 - Amends the Internal Revenue Code to extend the targeted jobs income tax credit to the training of skilled labor in labor-shortage business or industry. Defines "labor-shortage business or industry" as any business or industry which either the Secretary of Defense or the Secretary of Labor has certified as having more available skilled jobs than available skilled workers and trainees. Provides for a credit of 50 percent of first year wages and 30 percent of second year wages paid to skilled labor workers. Makes inapplicable to skilled labor workers the restriction that only $6,000 of first and second year wages paid to new employees be taken into account for purposes of the targeted job credit. Makes permanent the jobs credit for skilled labor employees.
Bill· HRH.R. 5808 (97th)referred
United States · United States Congress · 11 March 1982
Amends the Internal Revenue Code to provide that taxpayers age 65 and older with unearned income less than $25,000 will not be required to make a declaration or payment of estimated tax.
Bill· HRH.R. 5814 (97th)referred
United States · United States Congress · 11 March 1982
Amends the Internal Revenue Code to exclude from gross income interest received on loans used to purchase soil conservation tillage equipment. Disallows such exclusion by any person in the lending or finance business or by corporations. Classifies such tillage equipment as "three-year property" for purposes of the accelerated cost recovery system.
Resolution· HRESH.Res. 387 (97th)referred
United States · United States Congress · 11 March 1982
Sets forth the rule for the consideration of S. 951 (Authorization of appropriations for the Department of Justice).
Resolution· HCONRESH.Con.Res. 286 (97th)referred
United States · United States Congress · 11 March 1982
Expresses the sense of the Congress that no new withholding of tax requirement for interest and dividend income should be enacted.
Bill· HRH.R. 5803 (97th)referred
United States · United States Congress · 10 March 1982
Amends the Internal Revenue Code to impose an excise tax on the making of bullets capable of penetrating body armor.
Bill· HRH.R. 5797 (97th)referred
United States · United States Congress · 10 March 1982
Amends the Internal Revenue Code to exclude from gross income the interest received on certain mortgages during the five-year period beginning on the date the loan is made. Provides that for 1983 only 50 percent of such interest is excludable. Terminates such exclusion for mortgage loans made after 1983. Requires that the proceeds of such loan be used to purchase a single-family principal residence. Allows a nonrefundable income tax credit for nine percent of the purchase price of a principal residence by a first-time home buyer, up to $5,400. Requires a recapture of such credit if the taxpayer disposes of the property within three years of the purchase. Terminates such credit after 1983. Requires that the seller of the property certify that the purchase price of the residence is the lowest price offered since February 28, 1982.
Bill· HRH.R. 5796 (97th)referred
United States · United States Congress · 10 March 1982
Tuition Tax Relief Act of 1981 - Amends the Internal Revenue Code to allow a refundable income tax credit for 50 percent of the educational expenses paid for the elementary, secondary, college, or vocational education of the taxpayer or the taxpayer's spouse or dependents. Sets forth maximum dollar amounts allowable as a credit. Excludes from eligibility for the credit educational expenses for: (1) elementary and secondary education at a privately operated institution of a State educational agency, other than an institution which offers education for the handicapped as a substitute to regular education; (2) part-time study; and (3) graduate study. Requires the individual for whom the tuition tax credit is allowed by this Act to be a full-time student or a half-time student during any four months of the calendar year. Excludes from the definition of "educational expenses" any amounts paid for books, supplies, and equipment for courses of instruction, meals, lodging, transportation, similar personal expenses, and education below the first-grade level. Forbids any construction of this Act as granting the Government additional authority to examine the books or activities of any church school. Requires that any amount received by the taxpayer as a tuition tax credit be disregarded for purposes of determining the eligibility of the taxpayer for Federal, State, or local educational assistance. Specifies that the granting of a tax credit to a student due to his enrollment in any educational institution shall not be considered Federal assistance to such institution.
Bill· HRH.R. 5802 (97th)referred
United States · United States Congress · 10 March 1982
Prohibits the use of specified special authorities provisions of the Foreign Assistance Act of 1961 to provide military assistance for El Salvador.
Resolution· HRESH.Res. 385 (97th)referred
United States · United States Congress · 10 March 1982
Sets forth the rule for consideration of S. 951 (Authorization of appropriations for the Department of Justice).
Bill· SS. 2182 (97th)open
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to provide that scheduled income tax rate reductions shall take effect on the first day of the calendar year for fiscal year taxpayers.
Bill· HRH.R. 5779 (97th)open
United States · United States Congress · 9 March 1982
Repeals provisions of the Economic Recovery Tax Act of 1981 which set forth special rules for the leasing of depreciable business property between corporations.
Bill· HRH.R. 5781 (97th)referred
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to increase the allowable amount of the income tax deduction for contributions to an individual retirement account by the amount of any qualified separation benefit paid to a law enforcement officer to the extent such benefit is includible in the gross income of such officer for the taxable year. Defines "qualified separation benefit" as the amount: (1) which becomes payable on account of the recipient's separation from service as a law enforcement officer; and (2) which is attributable to accumulated sick leave or vacation or holiday pay (or similar amounts) earned for service as a law enforcement officer.
Bill· HRH.R. 5768 (97th)referred
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to increase the excise tax on distilled spirits from $10.50 per proof gallon to $16.50 per proof gallon. Provides that the revenues from such additional tax shall be appropriated for deposit into the Federal Hospital Insurance Trust Fund under title XVIII (Medicare) of the Social Security Act.
Bill· HRH.R. 5769 (97th)referred
United States · United States Congress · 9 March 1982
Individual Housing Account Act - Amends the Internal Revenue Code to allow an income tax deduction from gross income for cash contributions to a tax-exempt savings account established for the benefit of the taxpayer (or the taxpayer and spouse if married) for the exclusive purpose of purchasing such taxpayer's first principal residence. Limits the maximum annual deduction to $5,000, with a maximum lifetime deduction of $20,000. Excludes distributions from such account from gross income as long as they are used exclusively for the purpose of purchasing the first principal residence of the taxpayer.
Bill· HRH.R. 5767 (97th)referred
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to eliminate the individual income tax rate reductions which were to take effect in 1983. Repeals the ten-percent withholding reduction scheduled for July 1, 1983. Excludes from gross income interest received on certain mortgage and automobile loans. Requires that the effective rate of interest on such loans not exceed ten percent. Requires that the automobiles financed with such loans be domestically manufactured. Disallows such exclusion when the financing is provided by a related person.
Bill· HRH.R. 5763 (97th)referred
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to revise the formula for determination of the wholesale price of cigars on which the excise tax is based. Defines "wholesale price" as the price at which cigars are sold by manufacturers or importers (present law defines "wholesale price" as the suggested delivered price at which the cigars are to be sold to retailers).
Bill· HRH.R. 5759 (97th)referred
United States · United States Congress · 9 March 1982
Amends the Internal Revenue Code to exclude from gross income per diem allowances received by a State legislator whose residence is within 50 miles of the State capitol building.
Bill· SS. 2176 (97th)open
United States · United States Congress · 8 March 1982
Amends the Internal Revenue Code to repeal the provision allowing an income tax deduction without substantiation for living expenses of Members of Congress.
Resolution· SRESS.Res. 334 (97th)open
United States · United States Congress · 8 March 1982
Declares it the sense of the Senate that changes to the Railroad Retirement Act of 1974 proposed in the FY 1983 budget should not be implemented.
Bill· HRH.R. 5748 (97th)open
United States · United States Congress · 8 March 1982
National Science Foundation Authorization Act for Fiscal Years 1983 and 1984 - Authorizes appropriations to the National Science Foundation for FY 1984. Authorizes appropriations for FY 1983 for the following categories: (1) mathematical and physical sciences; (2) engineering; (3) biological, behavioral, and social sciences; (4) astronomical, atmospheric, earth and ocean sciences; (5) ocean drilling program; (6) Antarctic research programs; (7) scientific, technological and international affairs; (8) program development and management; and (9) science and engineering education. Limits the amount of authorizations which may be used for consultation or expenses of the Foundation incurred outside the United States. Permits the transfer of funds among categories. Requires the Director of the Foundation to give the appropriate committees of Congress 30 days notice of any transfers in excess of ten percent of the amounts authorized. Provides that written notice of no objection from the Chairman of the House Committee on Science and Technology and the Chairman of the Senate Committee on Labor and Human Resources permits an immediate transfer of funds. Amends the National Science Foundation Act of 1950 to require the National Science Board to render periodic rather than annual reports to the President on indicators of the state of science and engineering in the United States. Repeals the requirement that the Director establish a Resource Center for Science and Engineering at an educational institution enrolling a substantial number of minority and/or low-income students. Deletes the requirement that contracting officers of the Foundation report any financial or academic affiliation with a grant applicant. Repeals the prohibition against a Foundation employee's registering a patent in his or her own interest which is related to the subject matter of and made in connection with official duties.
Bill· HRH.R. 5749 (97th)referred
United States · United States Congress · 8 March 1982
Amends the Economic Recovery Tax Act of 1981 to provide that eligibility requirements for the special estate tax valuation of replacement farm property acquired in a like-kind exchange or after an involuntary conversion shall apply to decedents dying after 1976.
Bill· SS. 2169 (97th)reported
United States · United States Congress · 4 March 1982
Rescinds funds earmarked for the M-9 Armored Combat Earthmover under the Department of Defense Appropriation Act, 1982.
Bill· HRH.R. 5723 (97th)passed
United States · United States Congress · 4 March 1982
Authorizes appropriations for FY 1983 for specified maritime programs of the Department of Transportation, including: (1) construction differential subsidies; (2) operating differential subsidies; and (3) salaries and employee benefits. Amends the Merchant Marine Act, 1936, to increase funds available for obligation guarantees for commercial demonstration ocean thermal energy conversion facilities or plantships. Declares that no application for such guarantees shall be denied or deferred if it meets the standards and criteria of such Act.
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