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701 records in US in 1989
United States · United States Congress · 2 February 1989
Authorizes appropriations for the programs, functions, and activities of the Bureau of Land Management for FY 1990 through 1993.
United States · United States Congress · 2 February 1989
Martinez Job Training Partnership Accountability Act of 1989 - Amends the Job Training Partnership Act (the Act) to establish additional fiscal controls and procurement accountability requirements. Defines "profit" to mean any revenue in excess of expenditures. Increases the maximum portions of specified program funds for a service delivery area which may be used for administrative costs, or for a combination of administrative and work experience program costs. Requires the Secretary of Labor to define all cost categories comprehensively. Establishes procurement standards with which all recipients, subrecipients, or service providers receiving funds under the Act must adequately demonstrate that they have complied. Directs the Secretary to issue various regulations relating to such standards, prohibiting conflicts of interest or restrictions of competition, and requiring recipients to perform cost and price analyses in connection with each procurement action, including contract modifications. Requires the Secretary to issue a notice of proposed rulemaking within three months, allow at least 60 days for public comment, and issue final regulations within six months.
United States · United States Congress · 2 February 1989
Amends title XX (Block Grants to State for Social Services) of the Social Security Act to increase the amount authorized for fiscal years after FY 1989.
United States · United States Congress · 2 February 1989
Amends the Internal Revenue Code to include parsonage allowances as compensation for purposes of the limitation on benefits payable under defined benefit plans.
United States · United States Congress · 2 February 1989
Amends Internal Revenue Code provisions relating to the exclusion ratio, permitting a ten-year basis recovery for amounts received as annuities under governmental plans.
United States · United States Congress · 2 February 1989
Amends the Internal Revenue Code to allow a 20 percent income tax credit (within the framework of the general business credit) for contributions or gifts to any governmental or nonprofit charitable organization administered exclusively to provide counseling and other services to individuals beyond the compulsory school attendance age who have dropped out of school. Revises the targeted jobs tax credit to include qualified dropout trainees as a targeted group. Extends the credit through 1992 with respect to these individuals. (The credit otherwise terminates at the end of 1989.)
United States · United States Congress · 2 February 1989
Home Ownership Opportunity Act of 1989 - Amends the Internal Revenue Code to exclude from the gross income of a first-time homebuyer up to $10,000 of individual retirement plan distributions used within 90 days to acquire a principal residence. Requires that amounts equal to the distributions in question be paid into the affected account at least 12 months prior to the purchase of the home.
United States · United States Congress · 2 February 1989
Amends the Internal Revenue Code to increase by five percent the amount of the earned income tax credit for each child of the taxpayer between the ages of six and 18 certified as having attended an accredited school for at least 95 percent of the school year. Amends part A (Aid to Families with Dependent Children (AFDC)) of title IV of the Social Security Act to authorize a State to increase by five percent the amount of AFDC assistance provided with respect to a child meeting these same school attendance requirements.
United States · United States Congress · 2 February 1989
Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses of the taxpayer, spouse, or dependent. (Under current law, such a loan must be secured by an interest in real property.)
United States · United States Congress · 2 February 1989
Community Revitalization Tax Act of 1989 - Amends Internal Revenue Code income tax accounting rules to treat rehabilitation investment credits and low-income housing credits as credits not derived from passive activities. Revises the limitation on the general business credit to allow a maximum annual credit equal to the first $20,000 of an individual taxpayer's income tax liability plus 80 percent of any excess liability.
United States · United States Congress · 2 February 1989
Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses of the taxpayer, spouse, or dependent. (Under current law, such a loan must be secured by an interest in real property.)
United States · United States Congress · 2 February 1989
Energy Tax Reform Act of 1989 - Repeals Internal Revenue Code provisions that identify intangible drilling costs as a tax preference item for purposes of determining alternative minimum tax liability. Increases from 15 percent to 27.5 percent the percentage depletion for oil and gas wells. Exempts oil and gas wells from application of the net income limitation on percentage depletion. Permits a percentage depletion income tax deduction for proven oil and gas wells that have been transferred to a new owner. Treats certain geological and geophysical costs and surface casing costs as intangible drilling and development costs that a taxpayer may elect to capitalize or to deduct for income tax purposes.
United States · United States Congress · 2 February 1989
Bicentennial House Restoration Amendments of 1989 - Amends rule I of the Rules of the House of Representatives to direct the Speaker of the House, immediately after the reading of a veto message and without intervening motion or business, to state the question on reconsideration of the vetoed measure. Directs the Speaker to provide for the visual coverage of House proceedings on a uniform basis throughout each day's session. Requires the Speaker to announce a legislative program at the beginning of each congressional session which includes: (1) target dates for the consideration of specified major budgetary, authorization, and appropriation bills; (2) an indication of those weeks during which the House will be in session; (3) those weeks set aside for district work periods; and (4) the target date for the adjournment of that session. Amends rule X to require each standing committee, not later than March 1 in the first session of a Congress, to adopt its oversight plans in a meeting open to the public. Authorizes the Speaker of the House to appoint special ad hoc oversight committees to review specific matters within the jurisdiction of two or more committees. Amends rule XI to require each committee to include in its biennial report to the House a separate section summarizing its legislative and oversight activities during that Congress. Amends rule X to direct the Speaker of the House to initially refer each bill, resolution, or other matter to one committee of principal jurisdiction. Eliminates the Speaker's authority to refer any such matter initially to two or more committees for concurrent consideration. Requires standing committees to be elected by the House within seven legislative days (currently, seven calendar days) after the commencement of a Congress. Requires standing committees to hold organizational meetings not later than three legislative days after election. Requires the membership of each committee (except the Committee on Standards of Official Conduct), select committee, and conference committee (and each subcommittee, task force, or subunit thereof) to reflect the ratio of majority to minority Members. Provides that such ratio be reflected for standing committees at the beginning of each Congress, and for select and conference committees at the time of appointment. Prohibits any standing committee from establishing more than six subcommittees, and any Member serving at any one time on more than four subcommittees. Defines "subcommittee" as any subunit of a standing committee established for a period of more than six months. Amends rule XI to prohibit the vote by any member of any committee or subcommittee from being cast by proxy. Requires open committee meetings unless disclosure of matters to be considered would endanger national security, tend to defame, degrade or incriminate any person or otherwise violate any law or rule of the House, or involve committee personnel. Provides that a majority of members of each committee or subcommittee shall constitute a quorum for the transaction of any business. Requires committee rollcall votes on a motion to report any bill or resolution of a public character to include the names of Members voting for or against such measure. Requires each nonrecord vote to include the names of those Members actually present at the time the bill or resolution is ordered reported. Prohibits Rules Committee reports from being considered on the subsequent calendar day of the same legislative day. Prohibits the Rules Committee from reporting any order of business resolution which prohibits a motion to recommit, including instructions in the form of an amendment, unless it is a Senate measure for which a House-passed measure has been substituted. Prohibits the consideration of any resolution reported from the Committee on Rules providing for the consideration of any bill or joint resolution which limits the right of Members to offer germane amendments unless the chairman of the Committee has announced in advance that less than an open amendment process might be recommended by the Committee. Prohibits the consideration of any order of business resolution reported from the Committee on Rules which provides that the House shall be considered to have automatically adopted a motion, amendment, or resolution, or to have passed a bill, joint resolution, or conference report, unless the consideration of such order of business resolution is agreed to by not less than two-thirds of the Members voting, and the yeas and nays shall be considered as ordered when the Speaker puts the question on consideration. Prohibits the consideration of any budget waiver resolution reported by the Committee on Rules unless an explanatory statement accompanies it. Prohibits the House from considering any primary expense resolution until the Committee on House Administration has reported and the House has adopted a resolution establishing the committee staff personnel ceiling for the year. Requires such committee to specify in any primary or supplemental expense resolution the number of staff positions authorized therein. Authorizes the House to consider any supplemental expense resolution in excess of such ceiling by a vote of two-thirds of the Members present. Prohibits the overall staff ceiling of the 101st Congress from exceeding 90 percent of the total committee staff personnel employed at the end of the 100th Congress. Amends rule XIV to establish a Commemorative Calendar comprised of unreported bills and resolutions respecting commemorative holidays and celebrations. Provides for the call of the Commemorative Calendar on the first and third Tuesdays of each month. Amends rule XV to require an automatic rollcall vote on any bill or joint resolution making appropriations, providing revenue, or adjusting the rate of pay of Members, or on final adoption of any concurrent resolution on the budget which provides an increase in the statutory debt limit. Amends rule XXI to establish procedures for the consideration of any bill or joint resolution making continuing appropriations for a period of 30 days or less. Establishes limitations for the consideration of reconciliation bills. Requires bills or resolutions which authorize the enactment of new budget authority to be reported on or before the May 15 preceding the fiscal year to which such authority applies. Amends rule XXIV to include the Pledge of Allegiance in the daily order of business. Amends rule XXVII to establish new procedures for the consideration of motions to suspend the rules. Prohibits such motion if the measure or matter would enact new budget or spending authority in excess of a specified amount. Requires the printing in the Congressional Record, and weekly update thereafter, of a motion to discharge a committee from consideration of a bill or resolution when 100 Members have signed such motion. Amends rule XXXVIII to grant a House conferee three calendar days in which to file supplemental, minority, or additional views. Establishes procedures for the consideration of legislation granting the President special rescission authority with respect to any budget authority for which an authorization has not been enacted. Provides for application of certain labor laws to the House. Directs the Committee on Rules to report to the House by December 31, 1989, on realigning the jurisdictions of House committees.
United States · United States Congress · 31 January 1989
American Conservation and Youth Service Corps Act of 1989 - Title I: American Conservation Corps - Establishes the American Conservation Corps (ACC), to be administered by Federal agencies and through a State grant component. Directs the Secretaries of the Interior and of Agriculture to establish the Federal component of the ACC within their agencies to administer programs on Federal lands. Encourages Federal agencies to enter into program agreements with program agencies, local governments, and nonprofit organizations. Directs the Secretary of the Interior to establish a program of grants to States to administer the State component of the ACC involving work on non-Federal public lands and waters. Directs each Governor to designate a State program agency. Authorizes any local government to establish a program agency to carry out the State component within its political subdivision if the State program agency has not been designated at the commencement of a fiscal year. Requires States carrying out such programs to provide mechanisms for participation by local governments and nonprofit organizations. Authorizes the ACC to carry out conservation, rehabilitation, and improvement projects relating to: (1) wildlife habitat, rangelands, parks, recreational areas; (2) urban revitalization and historical and cultural sites; (3) fish and fisheries; (4) roads and trails; (5) erosion, floods, droughts, and storm damage assistance and control; (6) streams, lakes, waterfront harbors, and ports; (7) wetlands protection and pollution control; (8) insect, disease, rodent, and fire prevention and control; (9) improvement of abandoned railroad beds and rights-of-way; (10) energy conservation, renewable resources, and biomass recovery; (11) reclamation and improvement of strip-mined land; and (12) forestry, nursery, and cultural operations. Limits such projects to those on public lands or Indian lands, except where the administering Secretary determines that a project involving other lands will provide a public benefit. Encourages any land or water conservation or related program administered in any State under authority of any Federal program to use ACC services. Title II: Youth Service Corps - Requires the Director of the ACTION Agency to appoint an Assistant Director to make grants for youth service projects to eligible public and private nonprofit agencies, and to otherwise administer Youth Service Corps (YSC) programs under this title. Provides for designation of specific activities as eligible service categories if: (1) they are of substantial social benefit in meeting unmet human, social (especially poverty-related), or environmental needs in a community; (2) they will not interfere unreasonably with employment availability and terms of employees of sponsoring organizations; and (3) participants are qualified for such activities. Allows such service categories to include service in: (1) State, local, and regional governmental agencies; (2) nursing homes, hospices, senior centers, hospitals, local libraries, parks, recreational facilities, day care centers, and schools; (3) law enforcement, penal, and probation agencies; (4) private nonprofit social services organizations; (5) rehabilitation or improvement of public facilities or neighborhoods, literacy programs, weatherization and repair of low-income housing, energy conservation (including solar energy), removal of public facility architectural barriers to the handicapped, and conservation, maintenance, or restoration of natural resources on publicly held lands; and (6) any other nonpartisan civic activities and services determined appropriate by the Assistant Director. Prohibits such service categories from including any position in any: (1) business organized for profit; (2) labor union; (3) partisan political organization; (4) religious organization, unless the position does not involve any religious functions; or (5) domestic or personal service organization. Title III: Youth Skills Enhancement - Requires the administering Secretary or the Assistant Director (as the case may be) to provide guidance and assistance to States in securing certification of training skills or academic credit for competencies developed under this Act. Directs each program agency to: (1) maintain or enhance, through programs and projects under this Act, the educational skills of program enrollees; (2) assess an entering enrollee's educational level; (3) use at least ten percent of program funds to provide in-service training and educational materials and services for enrollees and persons serving in such projects; and (4) use at least ten percent of program funds for post-service education and training assistance. Directs appropriate State and local officials to certify standards and procedures for awarding academic credit and certifying educational attainment in such programs. Requires such standards and procedures to specify that any person serving in a program or project under this Act: (1) who is not a high school graduate shall participate in an educational component progressing toward a high school diploma or its equivalent; and (2) may arrange to receive academic credit in recognition of learning and skills obtained from service satisfactorily completed. Title IV: Administrative Provisions - Sets forth: (1) requirements for award of grants to eligible entities, including matching requirements and limitations on use of funds; and (2) provisions for approval of applications and supervision of programs. Limits enrollment in the ACC and YSC to individuals who, at the time of enrollment, are: (1) 16 through 25 years old; and (2) U.S. citizens or nationals or lawful permanent resident aliens. Requires that special efforts be made to recruit individuals who are economically, socially, physically, and educationally disadvantaged. Prohibits acceptance for service of any person without a high school diploma or equivalent, unless that person has not been enrolled as a high school student during the three months before the acceptance date. Limits individual enrollment to a total of 24 months. Prohibits individuals (except special members) from remaining enrolled after attaining age 26. Prohibits any enrollee from performing services on any project for more than a six-month period. Requires the State job training coordinating council to appoint an advisory board for oversight and review of projects under this Act. Authorizes appropriations for FY 1990 and succeeding fiscal years to carry out this Act. Title V: Commission on National Service Opportunities - Establishes the Commission on National Service Opportunities to study: (1) opportunities for young people to perform voluntary national service; and (2) the effect on Federal and other employees of improving the quality and expanding the number of such opportunities. Requires the Commission's final report and recommendations to be transmitted to the President and the Congress within 15 months after its first meeting. Requires each executive department and agency affected by such report to submit to the President recommendations for implementing it. Directs the President, within 90 days after the Commission's final report is transmitted to the Congress, to transmit an interim report to the Congress on: (1) the desirability, feasibility, and cost of implementing the Commission's recommendations, and the actions taken or planned with respect to that implementation; and (2) recommendations on legislation needed for implementation. Directs the President to transmit a final report, within 90 days after such interim report, detailing any implementing actions taken and any further recommendations. Terminates the Commission 180 days after its final report.
United States · United States Congress · 31 January 1989
Congressional Pay For Performance Act - Provides that if the Congress has not passed all general appropriation bills before the beginning of a fiscal year, then the permanent appropriation for the compensation of Members of Congress shall not be effective for such fiscal year. Prohibits the House of Representatives or the Senate from considering the legislative branch appropriation bill for any fiscal year until other general appropriation bills for such fiscal year have been presented to the President.
United States · United States Congress · 31 January 1989
Hospital Indigent Care Assistance Act of 1989 - Title I: Amendments of Internal Revenue Code of 1986 - Amends the Internal Revenue Code to impose on employers an excise tax equal to one percent of the amounts paid by an employer to provide employee medical benefits. Subjects self-employed individuals to a corresponding tax based on the amount allowed as a tax deduction for health insurance costs. Establishes in the Treasury the Hospital Indigent Care Assistance Trust Fund to receive amounts generated by the excise tax. Makes Fund moneys available solely for Medicare program expenditures. Title II: Assistance to Hospitals Providing Indigent Care - Amends title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to make payments from the Fund to eligible applicant hospitals to cover a specified percentage of their uncompensated care costs, determined in accordance with this Act. Describes eligibility criteria, including a requirement that the Medicare allowable costs of providing patient care services exceed the hospital's patient revenues for the pertinent cost reporting period. Directs the Secretary to: (1) provide for a study of the extent of uncompensated health care provided by various health care providers; and (2) report the results to the Congress by July 1, 1992.
United States · United States Congress · 31 January 1989
Smoking Cost Recovery and Education Tax Act of 1989 - Amends the Internal Revenue Code to increase all existing Federal excise taxes on tobacco products. Imposes a new tax of $1.17 per pound on cigarette tobacco manufactured in or imported into the United States. Establishes in the Treasury the Smoking Cost Recovery and Education Trust Fund, to be available to finance educational programs (including paid advertising) concerning the hazards of cigarette smoking, with emphasis on discouraging smoking by youth. Appropriates to the Fund ten percent of the increase in tobacco tax revenue generated as a result of this Act. Directs the Secretary of the Treasury to conduct an ongoing study and to report biennially to specified congressional committees on: (1) the effects of smoking on health care costs; and (2) the incidence of cigarette smoking by youth, including the relationship between cigarette tax rates and youth smoking.
United States · United States Congress · 31 January 1989
Amends the Internal Revenue Code to exclude from the gross income of an individual amounts received as a pension or annuity under a public retirement system to the extent they are not attributable to services covered under the social security system. Limits the tax exclusion based upon calculations relating to income tax treatment of social security benefits.
United States · United States Congress · 31 January 1989
Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses of the taxpayer, spouse, or dependent. (Under current law, such a loan must be secured by an interest in real property.)
United States · United States Congress · 31 January 1989
Inflation Tax Relief Act of 1989 - Amends the Internal Revenue Code to require 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.
United States · United States Congress · 31 January 1989
Sunshine Resolution of 1989 - Requires each standing committee of the House of Representatives with subject matter jurisdiction to report to the House on legislation to amend the following laws to make them applicable to the House: (1) the National Labor Relations Act; (2) the Fair Labor Standards Act of 1938; (3) the Occupational Safety and Health Act of 1970; (4) the Equal Pay Act of 1963; (5) the Age Discrimination in Employment Act of 1967; (6) the Freedom of Information Act; (7) the Privacy Act of 1974; (8) title VII of the Civil Rights Act of 1964, relating to equal employment opportunity; (9) the Rehabilitation Act of 1973, as it relates to employment of individuals with handicaps; (10) the section of the Federal criminal code that relates to post-employment conflict of interest; and (11) the chapter of Federal Judiciary and Judicial Procedure that relates to an independent counsel. Sets forth House procedure when such legislation is reported. Amends rule X of the Rules of the House of Representatives to require the ratio of the number of members of each committee (and of each subcommittee, task force, or subunit) to reflect the ratio of majority to minority party Members of the House at the beginning of each Congress. Requires the ratio of each select committee (and of each subcommittee, task force, or subunit) and of each conference committee to reflect the ratio of majority to minority party members at the time of its appointment. Amends rule XI to prohibit any committee from voting by proxy. Amends rule XV to require a roll call vote on any bill, joint resolution, or conference report making appropriations or providing revenue. Amends rule XXI to prohibit the consideration of any bill or resolution making appropriations under the jurisdiction of more than one subcommittee of the Committee on Appropriations if it applies to periods after November 30 of a fiscal year. Authorizes the waiver or suspension of such provision by a 60 percent majority vote of the House. Prohibits an appropriation from being reported in any joint resolution continuing appropriations, or from being an amendment to such resolution, for any expenditure not previously authorized by law, except to continue appropriations for public works and objects which are already in progress. Prohibits any provision changing existing law from being reported in any joint resolution continuing appropriations except germane provisions which retrench expenditures by the reduction of amounts of money covered by the bill. Prohibits any amendment to a joint resolution continuing appropriations if it changes existing law. Declares that no amendment shall be in order during consideration of a joint resolution continuing appropriations proposing a limitation not specifically contained or authorized in existing law for the period of the limitation. Sets forth House floor procedure after a joint resolution continuing appropriations has been read for amendment. Makes it out of order in the House to consider any joint resolution continuing appropriations, or any amendment thereto, which covers a period of more than 90 calendar days. Prohibits any item of appropriation set forth in any joint resolution continuing appropriations from exceeding the lesser of the amount set forth for such item in the House-passed or Senate-passed general appropriation bill for the fiscal year. Declares that the provisions of this Act concerning the use of continuing resolutions may only be waived by a vote of two-thirds of the Members present and voting, a quorum being present. Amends rule XXVII to direct the Clerk of the House to have printed in the Congressional Record the name of each Member who has signed, or withdrawn a signature to, a motion to discharge a committee from the consideration of a public bill or resolution, when 100 Members have signed the motion. Amends rule XXVIII to provide for the inclusion of dissenting views in conference reports. Establishes rule LI to require the Speaker of the House to cause notice of the legislative schedule for the floor of the House for each legislative day to be printed in the Congressional Record at least two legislative days in advance. Establishes rule LII to require that the Congressional Record for the House contain an accurate and verbatim account of remarks actually delivered on the floor together with permitted tables, statistics, and other supporting data. Requires extensions and revisions of remarks to be limited to the correction of grammatical and typographical errors. Requires the insertion of remarks not actually delivered on the floor to be so designated.
United States · United States Congress · 31 January 1989
Protect Medicare 90 Concurrent Resolution - Expresses the sense of the Congress that Medicare (title XVIII of the Social Security Act) hospital payments for FY 1990 should not be reduced below levels set by current law for such fiscal year.
United States · United States Congress · 31 January 1989
Expresses the sense of the Congress that the current method of taxing capital gains is appropriate and a reduction of the capital gains tax rate unwarranted.
United States · United States Congress · 31 January 1989
Expresses the sense of the Congress that Federal law governing the taxation of State and local government bonds should not be changed in order to increase Federal revenues.
United States · United States Congress · 27 January 1989
Energy Security Incentive Act of 1989 - Amends the Internal Revenue Code to treat certain geological and geophysical costs and surface casing costs as intangible drilling and development costs that a taxpayer may elect to capitalize or to deduct for income tax purposes. Exempts oil and gas wells from the application of the net income limitation on percentage depletion. Revises the percentage depletion allowance applicable to oil and gas wells, retaining a 15 percent minimum, but increasing the percentage incrementally (to a maximum of 30 percent) as the average annual removal price falls below $20. Permits a percentage depletion income tax deduction for proven oil and gas wells that have been transferred to a new owner. Repeals provisions that tax as ordinary income any gains from dispositions of oil, gas, or geothermal wells. Establishes a marginal production income tax credit for producers who maintain economically unproductive oil wells. Applies the credit to domestic crude that is: (1) from stripper well property; (2) heavy oil; or (3) oil recovered through a tertiary recovery method. Fixes the credit at ten percent of the qualified cost (determined in accordance with a formula set forth in this Act) of each barrel produced by the producer during the tax year. Establishes a crude oil and natural gas exploration and development tax credit. Allows a ten percent credit for qualified investments exceeding $1,000,000, 20 percent for those of $1,000,000 or less. Permits the credit as an offset against both minimum tax liability and regular liability. Repeals provisions that identify intangible drilling costs as a tax preference item for purposes of determining alternative minimum tax liability and corporate preference reductions. Increases from 65 to 100 percent the taxable income limitation on the percentage depletion deduction for oil and gas property. Permits a taxpayer to elect to carry forward to the next succeeding taxable year any portion of excess depletion allowances. Extends the income tax credit for producing fuel from a nonconventional source to qualified fuels from wells or facilities in service before January 1, 1996. (The change represents a five-year extension of the credit.) Affirms natural gas found in tight sands formations as a qualified fuel with respect to the credit.
United States · United States Congress · 27 January 1989
Domestic Energy Security Act of 1989 - Title I: National Energy Security Tax Credits - Amends the Internal Revenue Code (IRC) to establish a crude oil and natural gas exploration and development tax credit. Allows a 20 percent credit for qualified investments. Establishes a marginal production income tax credit for producers who maintain economically unproductive oil wells. Applies the credit to domestic crude that is: (1) from stripper well property; (2) heavy oil; (3) oil recovered through a tertiary recovery method; or (4) harsh environment oil (produced from Arctic areas or in submerged lands). Fixes the credit at 20 percent of the qualified cost (determined in accordance with a formula set forth in this Act) of each barrel produced by the producer during the taxable year. Title II: Additional Exploration and Production Incentives - Amends the IRC to treat certain geological and geophysical costs and surface casing costs as intangible drilling and development costs that a taxpayer may elect to capitalize or to deduct for income tax purposes. Permits a percentage depletion income tax deduction for proven oil and gas wells that have been transferred to a new owner. Exempts oil and gas wells from application of the net income limitation on percentage depletion. Increases from 65 percent to 100 percent the taxable income limitation on the percentage depletion deduction for oil and gas property. Extends the income tax credit for producing fuel from a nonconventional source to qualified fuels from wells or facilities in service before January 1, 1998. (The change represents a seven-year extension of the credit.) Affirms natural gas found in tight sands formations as a qualified fuel with respect to the credit, without exceptions. Title III: Amendments to the Alternative Minimum Tax - Repeals provisions that identify intangible drilling costs as a tax preference item for purposes of determining alternative minimum tax liability and corporate preference reductions. Title IV: Miscellaneous Tax and Administrative Amendments - Declares Revenue Ruling 77-176 (and other rulings that reach similar results) to be inapplicable with respect to the income tax treatment of mineral sharing arrangements. (The Revenue Ruling addresses situations in which a driller receives from a lessee an operating interest in oil and gas property as consideration for drilling a well on the leased tract.) Revises provisions governing the time when economic performance occurs for the purpose of income tax deductions or credits in connection with removal of offshore oil or gas production facilities. Specifies expressly the types of oil and gas exploration and development costs that are exempt from the required application of uniform cost capitalization rules.
United States · United States Congress · 27 January 1989
Declares that services performed over a specified period for a named corporation shall not be treated as employment for purposes of the employment tax provisions of the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act.
United States · United States Congress · 27 January 1989
National Nutrition Monitoring and Related Research Act of 1989 - Title I: Nutrition Monitoring and Related Research - Establishes a ten-year coordinated program, to be known as the National Nutrition Monitoring and Related Research Program, which will be implemented by the Secretaries of Health and Human Services (HHS) and Agriculture. Establishes an Interagency Board for Nutrition Monitoring and Related Research to facilitate program implementation. Authorizes the Secretaries to appoint an Administrator of Nutrition Monitoring and Related Research. Sets forth the program functions of the Secretaries, including: (1) establishing matching grants programs for specified nutritional and dietary purposes; and (2) submitting a biennial report to the President for transmittal to the Congress. Requires the Secretaries to implement a comprehensive national nutrition monitoring and related research plan which shall: (1) assess and report on U.S. nutritional and dietary trends; (2) sample representative subsets of identifiable low income populations and assess and report on food and household expenditures; (3) sponsor and conduct research; (4) develop and update a national dietary and nutritional status data bank; (5) assist State and local agencies in developing procedures and networks for nutrition monitoring and surveillance; and (6) focus the activities of Federal agencies. Requires the plan to allocate the project functions and activities among the various Federal agencies and offices involved. Provides that the comprehensive plan shall be carried out during the period ending with the close of the ninth fiscal year following the fiscal year in which the final comprehensive plan is submitted. Requires the Secretaries to coordinate and enter into contracts for such scientific research and development as may be necessary to support the coordinated program and comprehensive plan. Requires the President, at the time of the submission of the annual budget to the Congress, to submit a report to specified congressional committees on expenditures required for carrying out the coordinated program and implementing the comprehensive plan. Title II: National Nutrition Monitoring Advisory Council - Establishes a nine-member National Nutrition Monitoring Advisory Council to: (1) provide scientific and technical advice on the development and implementation of all components of the coordinated program and the comprehensive plan; (2) evaluate such program and plan; and (3) submit an annual report to the Secretaries. Title III: Dietary Guidance - Directs the Secretaries, by the start of 1990 and every five years thereafter, to publish and review dietary guidelines for the general public. Requires the Secretary of HHS to submit a report describing the appropriate Federal role in assuring that medical students and physicians practicing in the United States have adequate training in the field of nutrition and its relationship to health.
United States · United States Congress · 27 January 1989
Citizenship and National Service Act of 1989 - Title I: Establishment of the Citizens Corps - Establishes the Citizens Corps, which shall provide the following national service options: (1) Civilian Service; (2) Service in the armed forces; and (3) Senior Service. Allows individuals to serve in the Civilian Service who: (1) are age 17 or over; (2) have received a high school diploma or its equivalent; and (3) are U.S. citizens or permanent residents. Allows individuals to be eligible to enlist for service in the armed forces as Citizen Corps members (subject to existing personnel requirements of the armed forces) who: (1) have received a high school diploma or its equivalent; (2) satisfy applicable enlistment requirements; and (3) satisfy other eligibility criteria established by the Secretary of Defense. Allows individuals to serve in the Senior Service who: (1) are age 65 or over; and (2) meet eligibility criteria established by the Corporation for National Service. Makes such Civilian Service one year of full-time national service, with the option of requesting an additional year. Makes such Armed Forces Service either: (1) two years of active duty in the armed forces, two years in the Selected Reserve of a reserve component, and four years in the Individual Ready Reserve; or (2) eight years in the Selected Reserve of a reserve component. Makes the Senior Service for such time period as the Corporation for National Service allows and either full- or part-time. Provides that Civilian Service or Senior Service members may perform national service to meet the unmet needs of a State, local government, or other community. Allows such service to include the following types: (1) educational service (such as literacy and numeracy programs, Head Start, tutoring, and service in schools, libraries, and adult education centers); (2) human service (such as service in hospitals, hospices, clinics, community health centers, homes for the elderly, and child-care centers, and in programs assisting the elderly, poor, and homeless, including improving their housing); (3) conservation service (such as conservation of urban and rural natural resources, community betterment); (4) public safety service in support of the criminal justice system (including police, courts, prisons, and border patrol); and (5) service in existing national programs (such as the Peace Corps and VISTA). Directs the Secretary of Defense to designate appropriate national service positions for Citizens Corps members serving in the armed forces. Sets forth application requirements for Civilian Service and Senior Service. Directs the Secretary of Defense to establish a system to enlist individuals for service in the armed forces as Citizens Corps members. Title II: Administration of the Citizens Corps - Subtitle A: Administration of the Civilian Service and Senior Service - Makes the Corporation for National Service (CNS) responsible for administering the Civilian Service and Senior Service of the Citizens Corps. Establishes the Corporation for National Service as a nonprofit corporation which shall not be considered an agency or establishment of the U.S. Government. Makes the CNS subject to this Act and, if consistent with this Act, the District of Columbia Nonprofit Corporation Act. Directs CNS to establish: (1) types and amounts of allowances and support for Civilian and Senior Service members; (2) appropriate types of national service activities for such members; (3) procedures to monitor provision of financial assistance under title III of this Act to assure that Citizens Corps members and graduates faithfully perform and complete their service; (4) procedures to examine the effect of such national service on the availability and terms of employment in an area; and (5) rates of pay, eligibility criteria, and terms of service for Senior Service members. Directs CNS to make general grants, pursuant to a specified allocation formula, to assist States in: (1) paying civilian and senior service member stipends and wages; (2) providing and administering national service opportunities for such members; and (3) making grants to national service councils in each State. Authorizes CNS to make supplemental grants during a fiscal year to: (1) States which have an unusual increase in Civilian and Senior Service members (excluding those serving with Federal agencies) in such fiscal year; and (2) Federal agencies to assist them in placing Civilian and Senior Service members for such fiscal year. Directs CNS also to: (1) serve as a clearinghouse for national service opportunities information; (2) assist States in placing applicants in out-of-State positions, if they are unable to place them in within-State positions; (3) assist Federal agencies in acquiring national service participants; (4) investigate claims of abuses in placement or administration; and (5) issue rules for administering and monitoring service performance and provision of service opportunities. Subtitle B: Provision of National Service Positions for Members of the Civilian Service and Senior Service - Directs each State Governor to: (1) prepare a national service plan for the State, specifying priorities; and (2) designate volunteer service areas in the State. Requires each volunteer service area to have a national service council. Requires such councils to: (1) recruit and place volunteers; (2) prepare and implement a plan for such purposes; (3) provide oversight; and (4) perform other duties. Conditions provision of funds to a national service council upon its being certified and its volunteer recruitment and placement plan's being approved. Requires councils to consider agency effectiveness and community-basing in selecting service sponsors, i.e. the public agencies or public or nonprofit organizations with which the Civilian or Senior Service members are placed. Requires the Council to take measures to prevent worker displacement. Requires each State to establish grievance procedures for resolving complaints of regular employees or their representatives that placement of Service members violates such prohibitions of worker displacement. Provides for appeal of State decisions under such procedures to CNS. Authorizes CNS to require private nonprofit corporations to pay to CNS up to $1,000 per Service member placed in a position with such organization. Provides for reduction of such payment to reflect part-time or less than full-year service. Subtitle C: Administration of the Citizens Corps with regard to Service in the armed forces - Makes the Secretary of Defense responsible for administering the Citizens Corps with regard to service by Citizens Corps members in the armed forces, and to issue rules for such purpose within 60 days. Title III: Benefits for Participating in the Citizens Corps - Requires States and Federal agencies to provide $100 per week stipends to Civilian Service members. Requires CNS to provide such members with health insurance. Authorizes CNS to provide other appropriate support assistance. Requires States and Federal agencies to pay an hourly wage determined by CNS to Senior Service members. Authorizes CNS to provide other appropriate support assistance. Requires that Citizens Corps members serving in the armed forces receive 66 percent of the rate applicable to other armed forces members of the same pay grade and years of service, for their basic pay and basic allowances for subsistence and quarters. Makes such Citizens Corps members and graduates ineligible for specified benefits for other members and veterans of the armed forces. Establishes certain educational and housing benefits for those who complete Citizens Corps service in the Civil Service or in the armed forces. Provides that such financial benefits shall be to assist such individuals to: (1) pursue a program of education or training at an educational institution or training establishment; or (2) purchase or construct a dwelling to be owned and occupied by such individuals as their primary residence. Excludes such assistance from gross income for income tax purposes. Sets the amount of such education and housing benefits for Civilian Service at not to exceed $10,000 for each year of the term of service completed. Allows CNS to provide portions of such assistance to individuals who are released from such service for just cause. Sets the amount of such education and housing benefits for Citizens Corps service in the armed forces at: (1) not to exceed $24,000 for completion of two years honorable service on active duty, if the member agrees to complete the honorable service obligation selected; and (2) not to exceed $12,000 for each year of satisfactory participation in training in the Selective Reserve, if the member agrees to complete the honorable service obligation selected. Allows the Secretary of Veterans Affairs to provide portions of such assistance to Citizens Corps members released with an honorable discharge from completing a service obligation in the armed forces. Limits the use of such assistance to the ten-year period after completion of service, unless it is determined that an individual was unavoidably prevented from using such assistance during such time period. Title IV: Miscellaneous Provisions - Entitles individuals who successfully complete terms of service in the Peace Corps or VISTA to educational and housing benefits. Provides that entitlement to benefits shall be in the same manner as for a member of the Civilian Service, even though such individuals are not members of such Service, but reduces such benefits to reflect the amount of compensation received by such volunteers over and above the amount of the stipend for Civil Service members. Conditions individual eligibility for Federal higher educational assistance under student loan or loan guarantee programs on current membership or successful completion of a term of service in the Citizen Corps. Makes such condition effective on October 1, 1995 (five years after the effective date of this Act). Sets forth the following exceptions to such condition, if such individuals are otherwise eligible for such assistance: (1) individuals enrolled in an educational institution before the end of such five-year period; (2) individuals age 26 or over; (3) individuals who served honorably in the armed forces; (4) individuals determined by CNS to be ineligible for national service because of physical or mental handicap, compelling personal circumstances, or unavailability of a national service position after a reasonable period; (5) individuals receiving assistance provided by the Department of Defense to members of the armed forces (or the Department of Transportation with respect to the Coast Guard) if further military service is a condition of the assistance; (6) individuals receiving assistance provided by the Directors of the Peace Corps or the ACTION Agency, the head of a Federal agency, or a State, if the condition of such assistance is Peace Corps or ACTION service or national or community service which CNS determines is comparable to Citizens Corps service; and (7) individuals who served in Peace Corps, ACTION, or such Federal or State programs of comparable national or community service. Sets forth similar conditions for parental loan program eligibility. Directs CNS to identify by rule compelling personal circumstances, such as age, family status or size, and income, that may render an individual: (1) ineligible for national service under this Act; but (2) eligible, as an exception, for Federal student loans. Provides for a phase-out of the following Federal higher education student grant programs: (1) Pell Grants; (2) Student Educational Opportunity Grants; and (3) State Student Incentive Grants. Authorizes appropriations for FY 1991 through 1993.
United States · United States Congress · 27 January 1989
Community and Jobs Protection Act of 1989 - Requires each corporation involved in a proposed merger to file a community impact statement if: (1) a premerger notification is required under the Clayton Act; and (2) the merger will result in a loss of jobs in any jurisdiction for more than 100 employees of an establishment of one of the corporations involved. Requires the statement to be submitted to the Federal Trade Commission (FTC), the Department of Justice, the employees of each corporation involved and representatives of their labor unions, and the local governments of the areas where establishments of such corporations are located on the same day that the premerger notification is filed under the Clayton Act. Directs the FTC, if it receives a request within a specified period from such a local government or from ten percent of the employees of one of the corporations, to hold public hearings on and investigate the statement to determine: (1) the economic reasons for any proposed reduction in employment; (2) the estimated economic losses to employees, the local government, and persons in the geographic area of the establishment; and (3) recommendations of any local government, any employee labor union, or any other person respecting the proposed merger. Directs the FTC to publish a report containing the findings of the investigation and recommendations as to whether legal action should be taken to halt the merger. Amends the Internal Revenue Code to disallow a tax deduction for interest on obligations issued to finance a corporate merger that the FTC finds will adversely affect employment in any jurisdiction.
United States · United States Congress · 27 January 1989
Older Americans Long-Term Care Insurance Act of 1989 - Title I: Tax Provisions Related to Long-Term Care Insurance - Amends the Internal Revenue Code to require that, for the purpose of determining the income tax liability of issuers of qualified long-term insurance, the contracts be treated as accident or health insurance. Applies this provision to policies covering at least 12 consecutive months of necessary diagnostic, preventive, therapeutic, rehabilitative, or personal care services that are provided in a setting other than an acute care unit of a hospital. Requires policies issued after 1989 to be reinsured by the Federal National Long-Term Care Reinsurance Corporation, if the Corporation is incorporated when the policy is issued. Directs the Secretary of Health and Human Services to: (1) submit to the Congress before 1991 a study on long-term insurance policies; and (2) report annually to the Congress regarding the certification of qualified long-term care insurance. Treats qualified long-term care insurance as accident or health insurance and its benefits as benefits for personal injuries or sickness for purposes of determining appropriate tax exclusions for employer contributions or employee benefits. Excludes from gross income: (1) distributions or payments from individual retirement plans that are used during the year to pay the premiums for qualified long-term care coverage of individuals aged 59 1/2 or older; and (2) amounts received upon surrender, cancellation, or exchange of a life insurance contract and used during the year to pay the premiums for qualified long-term care insurance. Title II: Federal National Long-Term Care Reinsurance Corporation - Federal National Long-Term Care Reinsurance Corporation Act - Authorizes the Secretary to provide for the incorporation of the Federal National Long-Term Care Reinsurance Corporation (not an agency or establishment of the U.S. Government). Requires the Corporation to confine its activities to reinsuring insurance companies for extraordinary loss in the issuance or payment of qualified long-term care insurance benefits. Directs the Corporation to report annually to the President and to the Congress regarding its activities.
United States · United States Congress · 27 January 1989
Amends the Federal Water Pollution Control Act to authorize the Administrator of the Environmental Protection Agency to make grants to pay the Federal share of the cost of operating and maintaining publicly owned treatment works which are located in States which limited by law on January 1, 1989, the amount of revenues which may be raised through property taxes. Requires that such grants cover 75 percent of such costs in excess of revenues which may be raised through property taxes. Authorizes appropriations for such grant program.
United States · United States Congress · 27 January 1989
Amends the Internal Revenue Code to exclude from gross income any annuities, pensions, or other retirement benefits received by an individual or married couple aged 65 or older to the extent the aggregate amount (excluding social security and railroad retirement benefits) is $10,000 or less.
United States · United States Congress · 27 January 1989
Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase from $100 to $500 the payment that may be made in a calendar year to an election official or election worker for services before liability for the hospital insurance tax is incurred.
United States · United States Congress · 27 January 1989
Anti-Drug Abuse Supplemental Appropriations Act of 1989 - Makes supplemental appropriations for FY 1989 for purposes specified in titles I through VIII and for drug treatment and rehabilitation services and assistance to law enforcement agencies. Title I: Departments of Justice and State and the Judiciary - Makes appropriations for the Department of Justice for: (1) salaries and expenses for the Federal Bureau of Investigation, the Drug Enforcement Administration, the Immigration and Naturalization Service, the General Legal Activities Account, U.S. Attorneys, the U.S. Marshals Service, and the Federal Prison System (FPS); (2) support of U.S.. prisoners; (3) buildings and facilities of the FPS; (4) the National Institute of Corrections; (5) Office of Justice programs; (6) the National Institute of Justice; (7) the Bureau of Justice Statistics; (8) the Office of Juvenile Justice and Delinquency Prevention; (9) the Bureau of Justice Assistance; and (10) the State Justice Institute. Makes appropriations for the Department of State for: (1) expenses for development, procurement, and implementation of a machine-readable travel and identity document border security program; and (2) rewards for information concerning narcotics-related offenses. Makes appropriations for the Judiciary for: (1) salaries and expenses for courts of appeals, district courts, and other judicial services; (2) defender services; (3) fees of jurors and commissioners; and (4) security equipment. Title II: Departments of Labor, Health and Human Services, and Education and Related Agencies - Makes appropriations for: (1) the Department of Labor for substance abuse employee assistance programs in the workplace; (2) the Department of Health and Human Services for certain substance abuse prevention and treatment activities; (3) the Department of Education for school improvement programs and for the National Commission on Drug-Free Schools; and (4) related agency substance abuse prevention and education activities. Title III: Department of Agriculture - Makes appropriations to the Department of Agriculture for: (1) the Food and Nutrition Service for preparing and distributing drug abuse education materials; and (2) the National Forest Service for Federal law enforcement activities relating to the use and production of narcotics and controlled substances on lands administered by the Service. Title IV: Department of Transportation - Makes appropriations to the Department of Transportation for: (1) the Coast Guard for drug interdiction program operating expenses; (2) acquisition, construction, and improvements; (3) the Federal Highway Administration for drunk driving prevention programs; and (4) the National Highway Traffic Safety Administration to establish a regional pilot program for training law enforcement officers to identify individuals operating a motor vehicle while under the influence of alcohol or controlled substances. Title V: Department of the Treasury - Makes appropriations to the Department of the Treasury for: (1) salaries and expenses for the Bureau of Alcohol, Tobacco and Firearms; (2) salaries and expenses for the U.S. Customs Service, including funding for development, procurement, and implementation of a machine-readable travel and identity document border security program; (3) operations and maintenance for the Customs Service's air interdiction program; and (4) the Federal Law Enforcement Training Center. Makes appropriations for: (1) the National Commission on Measured Responses to Achieve a Drug-Free America by 1995; and (2) the President's Media Commission on Alcohol and Drug Abuse Prevention. Title VI: Foreign Assistance - Makes appropriations to the Department of State for: (1) multilateral assistance authorized by the International Narcotics Control Act of 1988; and (2) military assistance to the armed forces of Colombia to combat illicit narcotics production and trafficking. Title VII: Departments of Housing and Urban Development and Veterans Affairs - Makes appropriations to the: (1) Department of Housing and Urban Development for the Public Housing Drug Elimination Pilot Program; and (2) Department of Veterans Affairs for drug and alcohol treatment programs. Title VIII: Department of the Interior - Makes appropriations for: (1) Indian alcohol and substance abuse prevention and treatment; (2) Federal law enforcement activities related to the use and production of narcotics and controlled substances on Bureau of Land Management public lands and in National Park System units; and (3) grants to the Governments of American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, the Virgin Islands, and Palau for specified anti-drug abuse purposes under the United States Insular Areas Drug Abuse Act of 1986. Title IX: General Provisions - Precludes any part of any appropriation contained in this Act from remaining available for obligation beyond the current fiscal year unless expressly so provided. Expresses the sense of the Congress that Federal anti-drug abuse program funding levels for FY 1990 should be maintained at the FY 1989 levels provided under specified Acts together with increases authorized by the Anti-Drug Abuse Act of 1988.
United States · United States Congress · 27 January 1989
Amends the Internal Revenue Code to exempt certain academic institutions and scientific research institutions from the $250 user fee (occupational tax) in connection with permits for research uses of specially denatured distilled spirits.
United States · United States Congress · 27 January 1989
Amends Internal Revenue Code provisions relating to the income tax deduction for the health insurance costs of self-employed individuals to: (1) increase from 25 percent to 100 percent the allowable deduction; and (2) make the deduction permanent (under current law it will expire after tax year 1989).
United States · United States Congress · 27 January 1989
Amends the Internal Revenue Code to eliminate the age requirement (55 years or older) for eligibility with respect to the one-time income tax exclusion of gain from the sale of a principal residence.
United States · United States Congress · 27 January 1989
Repeals provisions of the Tax Reform Act of 1986 that place limitations on: (1) individual retirement account (IRA) deductions for active participants in certain pension plans; and (2) nondeductible contributions to individual retirement plans. Amends the Internal Revenue Code to permit a nonworking or the lesser-earning spouse filing a joint income tax return to include the spouse's compensation in calculations made to determine the maximum amount permitted as a deduction for qualified retirement contributions (thus permitting such a taxpayer to deduct up to $2,000).
United States · United States Congress · 27 January 1989
Amends the Tax Reform Act of 1986 to delay application of the new nondiscrimination requirements for coverage and benefits under certain statutory employee benefit plans until one year following the Secretary of the Treasury's promulgation of regulations to implement the relevant Internal Revenue Code provisions (section 89).
United States · United States Congress · 27 January 1989
Repeals provisions of the Tax Reform Act of 1986 (and consequent amendments of the Internal Revenue Code) that impose a penalty tax on early distributions from qualified retirement plans, including individual retirement accounts and annuities.
United States · United States Congress · 27 January 1989
Energy Security Tax Act of 1989 - Amends the Internal Revenue Code to impose an excise tax on the first sale within the United States of imports of: (1) crude oil; (2) refined petroleum products; and (3) petrochemical feedstocks or petrochemical derivatives. Sets the rate of the tax as the difference between $22 per barrel ($24.50 for petroleum and petrochemical products) and the most recently published average price of a barrel of internationally traded oil, as determined by the Secretary of the Treasury in accordance with a specified formula.
United States · United States Congress · 27 January 1989
Amends the Internal Revenue Code to permit an income tax deduction for general sales taxes and taxes imposed by State or local governments on the sale of gasoline, diesel fuel, and other motor fuels.
United States · United States Congress · 27 January 1989
Constitutional Amendment - Prohibits the Congress from making any appropriation that would result in total fiscal year appropriations in excess of estimated fiscal year revenues. Authorizes suspension of this prohibition in time of war or national emergency. Prohibits any increase in the national debt. Requires repayment of this debt during the 100-year period following ratification, at a rate of ten percent repayment per ten-year period.
United States · United States Congress · 27 January 1989
Expresses the sense of the Congress opposing further restrictions on the mortgage interest income tax deduction.
United States · United States Congress · 25 January 1989
First-Time Homebuyer Opportunity Act of 1989 - Amends the Internal Revenue Code to exclude from the gross income of a first-time homebuyer up to $10,000 of individual retirement plan distributions used within 90 days to acquire a principal residence. Requires that amounts equal to the distributions in question be paid into the affected account at least 12 months prior to the purchase of the home.
United States · United States Congress · 25 January 1989
Amends the Internal Revenue Code to exclude from an employee's gross income up to $2,000 of amounts paid on behalf of the employee by an employer pursuant to a qualified adoption assistance program.
United States · United States Congress · 25 January 1989
Judicial Taxation Prohibition Act - Amends the Federal judicial code to deny to inferior Federal courts jurisdiction to issue any remedy, order, writ, or other judicial decree requiring the Federal Government or any State or local government to impose any new tax or to increase any existing tax or tax rate.
United States · United States Congress · 25 January 1989
Employee Educational Assistance Act of 1989 - Amends the Internal Revenue Code to make permanent the income tax exclusion of amounts paid under employee educational assistance programs. (Under current law the exclusion expires as of tax year 1989.)
United States · United States Congress · 25 January 1989
Amends the Internal Revenue Code to set as the amount of a qualified artistic charitable contribution for income tax deduction purposes the fair market value of the property contributed (determined at the time of contribution). Defines "qualified artistic charitable contribution" as the contribution of certain literary, musical, artistic, or scholarly composition, letter or memorandum, or similar property. Disregards the deduction for qualified artistic charitable contributions when determining alternative tax itemized deductions.