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Bill· HRH.R. 4403 (105th)referred

Medicare Substitute Adult Day Care Services Act of 1998

United States · United States Congress · 5 August 1998

Medicare Substitute Adult Day Care Services Act of 1998 - Amends title XVIII (Medicare) of the Social Security Act to provide for coverage of substitute adult day care services. Directs the Secretary of Health and Human Services to monitor Medicare expenditures for home health services for a fiscal year, including substitute adult day care services, and compare them to expenditures that the Secretary estimates would have been made for home health services for that fiscal year if there had been no coverage of substitute adult day care services. Requires the Secretary, if home health service expenditures exceed such estimates, to adjust the rate of payment for home health services so that total expenditures do not exceed such estimates.

Bill· HRH.R. 4411 (105th)referred

Health Care Benefits Financial Protection Act of 1998

United States · United States Congress · 5 August 1998

Health Care Benefits Financial Protection Act of 1998 - Amends the Internal Revenue Code to establish a limited credit for an eligible employer for costs incurred in maintaining an employee group health plan.

Bill· HRH.R. 4407 (105th)referred

Biomass Energy Equity Act of 1998

United States · United States Congress · 5 August 1998

Biomass Energy Equity Act of 1998 - Amends the Internal Revenue Code to change the definition of "qualified energy resources" (currently, wind and closed-loop biomass) to wind and biomass. Defines terms.

Bill· HRH.R. 4395 (105th)referred

Real Estate Transaction Privacy Promotion Act

United States · United States Congress · 4 August 1998

Real Estate Transaction Privacy Promotion Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit a creditor from requiring a borrower to furnish (through a copy of Internal Revenue Service Form 4506) open-ended access to such borrower's tax records as a condition of making a federally related mortgage loan, unless the form: (1) is fully completed before signing by the borrower; (2) specifically requests tax information for not more than the two tax periods most recently completed as of the date that the form is signed; and (3) is completed, signed, and dated not later than the date of settlement involving such loan. Directs the Secretary of Housing and Urban Development to explain such proscription and attendant penalties in the special information booklet mandated by the Act.

Bill· HRH.R. 4380 (105th)open

District of Columbia Appropriations Act, 1999

United States · United States Congress · 3 August 1998

District of Columbia Appropriations Act, 1999 - Makes appropriations for the District of Columbia for FY 1999, including amounts for: (1) the Federal contribution to the Washington Metropolitan Area Transit Authority for improvements and expansion of the Mount Vernon Square Metrorail station located at the site of the proposed Washington Convention Center project; (2) the Federal contribution to the Nation's Capital Infrastructure Fund; (3) the Federal contribution for an environmental study and related activities at the Lorton Correctional Complex; (4) the Federal contribution for the District's Offender Supervision, Defender, and Court Services Agency (Agency) for establishment of a residential sanctions center and drug testing, intervention, and treatment, to be used to ensure adequate response to persons who violate conditions of supervision and to implement recommendations of the District's Truth-in-Sentencing Commission; (5) the Federal payment to the District's Corrections Trustee for operations and correctional facilities; (6) the Federal payment to the District courts; (7) the Federal payment to the District's Offender Supervision, Defender, and Court Services Agency for necessary expenses of Parole Revocation, Adult Probation and Offender Supervision and to be made available to the Public Defender Service and the Pretrial Services Agency; (8) the Federal payment to the Metropolitan Police Department; (9) the Federal payment to the Fire Department; (10) a Federal contribution to the Board of Trustees of Boys Town U.S.A. for expansion of the operations of Boys Town of Washington; (11) the Federal payment to the Historical Society of Washington, D.C. for the establishment and operation of a Museum of the District at the Carnegie Library at Mount Vernon Square; (12) the Federal payment to the U.S. Park Police; (13) the Federal payment to the District Department of Housing and Community Development for a study by the U.S. Army Corps of Engineers of necessary improvements to the Southwest Waterfront in the District; (14) the Federal payment to the International Youth Service and Development Corps, Inc. for a mentoring program for at-risk children in the District and for the operation of a resource hotline for low-income individuals in the District; and (15) a Federal contribution to the public education system for public charter schools. Appropriates specified sums out of the District's general fund (and other funds, in some cases) for the current fiscal year for: (1) governmental direction and support; (2) economic development and regulation; (3) public safety and justice; (4) the public education system; (5) human support services; (6) public works; (7) the Washington Convention Center Fund transfer payment; (8) repayment of certain loans and interest; (9) repayment of General Fund Recovery Debt; (10) payment of interest on short term borrowing; (11) lease payments in accordance with the Certificates of Participation involving the land site underlying the building located at One Judiciary Square; (12) human resources development; (13) the District's Financial Responsibility and Management Assistance Authority (Authority); (14) receivership programs; (15) the Water and Sewer Authority and the Washington Aqueduct; (16) the Lottery and Charitable Games Control Board; (17) the Cable Television Enterprise Fund; (18) the Public Service Commission; (19) the Office of the People's Counsel; (20) the Office of Banking and Financial Institutions; (21) the Department of Insurance and Securities Regulation; (22) D.C. General Hospital; (23) the Starplex Fund; (24) the D.C. Retirement Board; (25) the Correctional Industries Fund; (26) the Washington Convention Center Enterprise Fund; and (27) capital outlays (including rescissions). Sets forth authorized uses of, and limitations on, such funds. Bars the use of revenues from Federal sources to support the operations of the D.C. Statehood and Statehood Compact Commissions. Requires the District to identify the sources of funding for Admission to Statehood from its own locally-generated revenues. (Sec. 110) Prohibits funds appropriated in this Act from being available to pay the salary of any District government employee whose name, title, grade, salary, work experience, and salary history are not available for inspection by specified congressional committees and subcommittees and the District Council. (Sec. 114) Bars the D.C. Mayor from borrowing any funds for capital projects without prior approval of the District Council. (Sec. 124) Applies any sequestration orders under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to each account appropriating Federal funds in this Act rather than to the aggregate total of such accounts. Requires the Mayor, in the event such an order is issued after amounts appropriated to the District have been paid, to pay sequestered amounts to the Secretary of the Treasury . (Sec. 127) Bars the use of Federal funds provided in this Act to provide for salaries or other expenses associated with the offices of U.S. Senator or Representative under the District of Columbia Statehood Constitutional Convention Initiatives of 1979. (Sec. 130) Prohibits funds contained in this Act from being made available: (1) under specified conditions, to pay the fees of an attorney who represents a party who prevails in an action brought against the District public schools under the Individuals with Disabilities Education Act nor shall the fees be made available to an attorney who represents a party who prevails in an administrative proceeding under such Act; or (2) for the operations of any department, agency, or entity (other than the District's Water and Sewer Authority, the Washington Convention Center Authority, or any operations for borrowing activities under specified provisions of the District of Columbia Home Rule Act) unless appropriated by the Congress in an annual appropriations Act. (Sec. 132) Prohibits the expenditure of funds appropriated under this Act for abortions except where the mother's life would be endangered if the fetus were carried to term or in cases of rape or incest. (Sec. 133) Bars the use of funds made available by this Act to implement any system of registration of unmarried, cohabitating couples for purposes of extending benefits to such couples on the same basis as such benefits are extended to married couples or to implement the District Domestic Partner Act (also known as the District of Columbia Health Care Benefits Expansion Act of 1992). (Sec. 136) Requires by FY 1999, or within 15 calendar days after the enactment of this Act, whichever occurs later, and each succeeding year, the Emergency Transitional Education Board of Trustees and the University of the District of Columbia (University) to submit to the appropriate congressional committees, the Mayor, the District Council, the Consensus Commission, and the Authority, a revised appropriated funds operating budget for the public school system and the University for such fiscal year that is in the total amount of the approved appropriation and that realigns budgeted data for personal services and other-than-personal services, respectively, with anticipated actual expenditures. (Sec. 137) Requires the Emergency Transitional Education Board of Trustees, the Board of Trustees of the University, the Board of Library Trustees, and the Board of Governors of the University of the District of Columbia School of Law to vote on and approve their respective annual or revised budgets before submission to the Mayor for inclusion in the Mayor's budget submission to the District Council or before submitting their respective budgets directly to the Council. (Sec. 138) Establishes a ceiling on total operating expenses for the District for FY 1998. Permits increases of such amount for: (1) one-time emergency or unanticipated operating or capital needs transactions approved by the Authority; and (2) additional approved expenditures which the Chief Financial Officer certifies will produce additional revenues during such fiscal year at least equal to 200 percent of such expenditures. Authorizes, to the extent that the sum of total revenues of the District for such fiscal year exceed the total amount provided for, the Chief Financial Officer, with the approval of the Authority, to credit up to ten percent of the amount of such difference, not to exceed $3.3 million, to a reserve fund which may be expended for operating purposes in future fiscal years (in accordance with the financial plans and budgets for such years). Prohibits the Chief Financial Officer from reprogramming for operating expenses any funds derived from bonds, notes, or other obligations issued for capital projects. Sets forth conditions under which grants excluded from such ceiling may be accepted. Requires the Authority, within 20 calendar days after the end of each fiscal quarter starting FY 1999, to report to specified congressional committees on an itemized accounting of all non-appropriated funds obligated or expended by the Authority for the quarter. Applies local revenues collected in excess of amounts required to support appropriations in this Act for District operating expenses for FY 1999: (1) first, to the elimination of the general fund accumulated deficit; (2) second, to a reserve account not to exceed $250 million to be used to finance seasonal cash needs (in lieu of short term borrowings); (3) third, to accelerate repayment of cash borrowed from the Water and Sewer Fund; and (4) fourth, to reduce the outstanding long term debt. (Sec. 139) Directs the District of Columbia Emergency Transitional Education Board of Trustees to: (1) develop a comprehensive plan to identify and accomplish energy conservation measures to achieve maximum cost-effective energy and water savings; (2) enter into innovative financing and contractual mechanisms for such purposes; and (3) encourage District agencies to participate in programs conducted by utilities for the management of electricity or gas demand or energy or water conservation. (Sec. 140) Requires an employee of the District public schools to be: (1) classified as an Educational Service employee; (2) placed under the personnel authority of the Board of Education; and (3) subject to all Board rules. Mandates that school-based personnel shall constitute a separate competitive area from nonschool-based personnel who shall not compete with school-based personnel for retention purposes. (Sec. 141) Prohibits the use of funds made available by this Act or any other Act from being used to provide any District officer or employee with an official vehicle unless the individual uses the vehicle only in the performance of his or her official duties. Excludes travel between the officer's or employee's residence and workplace (except in the case of a police officer who resides in the District). Requires the Chief Financial Officer of the District to submit, by November 15, 1998, an inventory, as of September 30, 1998, of all vehicles owned, leased, or operated by the District government. Specifies the contents of such inventory. Provides that, for purposes of determining the amount of funds expended by any entity within the District government during FY 1999 and each succeeding fiscal year, any expenditures of the District government attributable to any District government officers or employees who provide services which are within the authority and jurisdiction of the entity (including any portion of the compensation paid to the officer or employee attributable to the time spent in providing such services) shall be treated as expenditures made from the entity's budget, without regard to whether the officers or employees are assigned to the entity or otherwise treated as the entity's officers or employees. (Sec. 142) Sets forth Buy American provisions. (Sec. 143) Provides that, notwithstanding any provision of any federally-granted charter or any other provision of law, the real property of the National Education Association located in the District shall be subject to taxation by the District in the same manner as any similar organization. (Sec. 144) Prohibits funds contained in this Act: (1) or any other Act from being used to pay the salary or expenses of any officer or employee of any District government agency or of any entity within the District government who fails to provide information requested by the Chief Financial Officer; (2) from being used for purposes of the annual independent audit of the District government (including the Authority) for FY 1999 unless the audit is conducted by the Inspector General of the District and the audit includes a comparison of audited actual year-end results with the revenues submitted in the budget document for such year and the appropriations enacted into law for such year; and (3) from being used by the District Corporation Counsel or any other District government officer or entity to provide assistance for any petition drive or civil action which seeks to require the Congress to provide for voting representation in the Congress for the District. (Sec. 146) Conditions expenditure of appropriations made by this Act for programs or functions for which a reorganization plan is required only on the approval by the Authority of the required reorganization plan. (Sec. 147) Makes the evaluation process and instruments for evaluating District public school employees a non-negotiable item for collective bargaining purposes. (Sec. 149) Repeals the Residency Requirement Reinstatement Amendment Act of 1998. (Sec. 150) Prohibits Federal funds appropriated under this Act from being used to carry out any program of distributing sterile needles or syringes for the hypodermic injection of any illegal drug.

Bill· HRH.R. 4386 (105th)referred

To amend the Internal Revenue Code of 1986 to provide for the tax treatment of section 42 housing cooperatives and the shareholders of such cooperatives, and for other purposes.

United States · United States Congress · 3 August 1998

Amends the Internal Revenue Code to authorize, in the case of a housing cooperative eligible for the low-income housing tax credit: (1) nonresident shareholders to include such credit and the deduction for certain unpaid acquisition interest allowable to the cooperative proportionally in the calculation of their individual income taxes; and (2) resident shareholders to include the deduction for real estate taxes and interest paid by the cooperative proportionally in the calculation of their individual income taxes.

Bill· HRH.R. 4381 (105th)referred

Police Security Protection Act

United States · United States Congress · 3 August 1998

Police Security Protection Act - Amends the Internal Revenue Code to allow a credit for 100 percent of the cost of an armored vest purchased by a law enforcement officer or a private security officer.

Bill· SS. 2408 (105th)referred

Adoption Equality Act of 1998

United States · United States Congress · 31 July 1998

Adoption Equality Act of 1998 - Amends title IV part E (Federal Payments for Foster Care and Adoption Assistance) of the Social Security Act (SSA) to revise adoption assistance eligibility guidelines for children with special needs. (Sec. 2) Makes eligible for such assistance only children with special needs who before termination of parental rights and the initiation of adoption proceedings were: (1) in the care of a public or licensed private child care agency or Indian tribal organization, either pursuant to a voluntary placement agreement (provided the child was in care for not more than 180 days), or as a result of a judicial determination to the effect that continuation in the home would be contrary to the child's safety and welfare; or (2) residing in a foster family home or child care institution with the child's minor parent. Requires a State to consider such special needs, together with the circumstances of the adopting parents, in determining the amount of Federal adoption subsidies paid to them. Prohibits assistance with respect to any child who is not a U.S. citizen or resident and who was adopted outside the United States or was brought into it for adoption purposes. (Sec. 3) Prescribes guidelines under which the Secretary of Health and Human Services shall reduce, for specified fiscal years, Federal payments to the States for administrative costs based on determinations of amounts attributable to the Medicaid program under the Food Stamp Act of 1977. Requires the Secretary to make a bonus payment to any State: (1) whose income and eligibility rules are not more restrictive than the income and resource eligibility rules applied by the State for the temporary assistance to needy families (TANF) program funded under SSA title IV part A; and (2) which assures the Secretary that families applying for TANF may apply for Medicaid under SSA title XIX.

Bill· SS. 2400 (105th)open

Trade and Tariff Act of 1998

United States · United States Congress · 31 July 1998

TABLE OF CONTENTS: Title I: Trade and Development Subtitle A: Trade Policy for Sub-Saharan Africa Subtitle B: Generalized System of Preferences Subtitle C: United States-Caribbean Trade Enhancement Title II: Reciprocal Trade Agreements Title III: Trade Adjustment Assistance Title IV: Market Access Identification for Certain Agricultural Products Title V: Approval and Implementation of OECD Shipbuilding Agreement Subtitle A: General Provisions Subtitle B: Other Provisions Subtitle C: Effective Date Title VI: Miscellaneous Trade and Tariff Provisions Subtitle A: Extension of Normal Trade Relations to Mongolia Subtitle B: Miscellaneous Tariff Provisions Title VII: Revenue Provisions Title I: Trade and Development - Subtitle A: Trade Policy for Sub-Saharan Africa - African Growth and Opportunity Act - Declares the policy of the Congress toward sub-Saharan African countries. (Sec. 1004) Amends the Trade Act of 1974 to authorize the President to designate a sub-Saharan African country eligible for duty-free treatment for certain non-import-sensitive articles if the President determines that: (1) it has established, or is making continual progress toward establishing, a market-based economy, a democratic society, an open trading system, and economic policies to reduce poverty, increase health care availability and educational opportunities, and promote private enterprise; and (2) it does not engage in gross violations of internationally recognized human rights or support international terrorism, and cooperates in international efforts to eliminate human rights violations and terrorist activities. Directs the President to monitor and review the progress of sub-Saharan African countries to determine their current or potential eligibility under the requirements of this Act. Requires the President to terminate the designation as a beneficiary sub-Saharan African country of any such country that is not making continual progress in meeting such requirements. Waives the competitive need limitation (a basis for withdrawal of duty-free treatment) for articles of any beneficiary sub-Saharan African country. (Sec. 1005) Grants duty-free and quota-free treatments to certain textile and apparel articles (including textile luggage) of beneficiary sub-Saharan African countries, namely: (1) apparel articles assembled from fabrics wholly formed and cut in the United States, from yarns wholly formed in the United States that are entered under a specified subheading or chapter of the Harmonized Tariff Schedule of the United States; (2) apparel articles cut from such fabrics and yarns, if assembled in one or more beneficiary sub-Saharan African countries with thread formed in the United States; and (3) certified handloomed, handmade, or folklore articles of a beneficiary sub-Saharan African country or countries. Prescribes penalties for exporters engaged in transshipments of such articles under false claims as to country of origin, manufacture, processing, or assembly. Grants the President authority to impose appropriate remedies, including import restrictions, in the event that textile and apparel articles from a beneficiary sub-Saharan African country are being imported in such increased quantities as to threaten or cause serious damage to the domestic industry producing like or directly competitive articles. (Sec. 1006) Directs the President to convene annual high-level meetings between U.S. Government officials and officials of the governments of sub-Saharan African countries to foster close economic ties between them. Directs the President to establish a United States-Sub-Saharan Africa Trade and Economic Cooperation Forum, which shall discuss expanding trade and investment relations between the United States and sub-Saharan Africa. (Sec. 1007) Directs the President to examines and report to the Congress on the feasibility of negotiating one or more free trade agreements with interested eligible sub-Saharan African countries to establish a United States-Sub-Saharan Africa Free Trade Area. (Sec. 1008) Names the sub-Saharan countries covered by this subtitle. Subtitle B: Generalized System of Preferences - Amends the Trade Act of 1974 to extend duty-free treatment: (1) under the General System of Preferences through December 31, 2000 (applied retroactively for liquidations and reliquidations (refunds) to articles entered between June 30, 1998, and October 1, 1998); and (2) for any beneficiary developing sub-Saharan African country through June 30, 2008. Subtitle C: United States-Caribbean Trade Enhancement - United States-Caribbean Basin Trade Enhancement Act - Amends the Caribbean Basin Economic Recovery Act with respect to tariff treatment during a specified transition period of articles from U.S.-Caribbean Basin Trade Enhancement Act (CBTEA) beneficiary countries planning to become parties to the Free Trade Area of the Americas, or countries which have undertaken their obligations under the World Trade Organization (WTO) on or ahead of schedule. Extends immediate duty- and quota-free treatment to certain textile (including textile luggage) and apparel articles assembled, and to certain handloomed, handmade and folklore articles originating, in an eligible CBTEA beneficiary country. Directs the President to reduce tariffs on footwear, canned tuna, petroleum and derivatives, watches and watch parts, and certain leather goods to half of the preference Mexican products enjoy under the North American Free Trade Agreement (NAFTA) relative to imports of the same articles from CBTEA beneficiary countries. Authorizes the President to proclaim further reductions for such articles if a country meets specified criteria. (Sec. 1204) Imposes certain penalties on persons or countries that have engaged in, or permitted, the transshipment (based on false claims) of covered textile or apparel products. Directs the President to report periodically to the Congress concerning CBTEA beneficiary countries. Directs the United States International Trade Commission (ITC) to report biennially to the Congress and the President regarding the economic impact of this Act on U.S. industries and consumers, including its effectiveness in promoting drug-related crop eradication and crop substitution efforts of the CBTEA beneficiary countries. (Sec. 1205) Authorizes the President to determine that a country is not providing adequate protection of intellectual property rights under its laws, even if it is in compliance with the Agreement on Trade-Related Aspects of Intellectual Property Rights under the Uruguay Round Agreements Act. Title II: Reciprocal Trade Agreements - Reciprocal Trade Agreements Act of 1998 - Sets forth the purposes of this Act, which are, through trade agreements affording mutual benefits, to achieve: (1) more open, equitable, and reciprocal market access for U.S. goods, services, and investment; (2) the reduction or elimination of barriers and other trade-distorting policies and practices; (3) a more effective system of international trading disciplines and procedures; and (4) economic growth, higher living standards, and full employment in the United States, and economic growth and development among U.S. trading partners. (Sec. 2002) Sets forth the principal U.S. trade negotiating objectives for agreements regarding tariff barriers and agreements regarding tariff and non-tariff barriers. Declares that the principal U.S. trade negotiating objectives regarding a reduction of barriers to trade in goods include eliminating specified tariffs for products identified in the Uruguay Round Agreements Act. Declares that the principal U.S. negotiating objectives regarding trade in services are: (1) reducing or eliminating barriers to, or other distortions of, international trade in services, including regulatory and other barriers that deny national treatment or unreasonably restrict the establishment and operation of service suppliers in foreign markets; and (2) developing internationally agreed rules, including dispute settlement procedures, that are consistent with U.S. commercial policies and will reduce or eliminate such barriers or distortions, and help ensure fair, equitable opportunities for foreign markets. Declares that the principal U.S. negotiating objectives regarding foreign investment are: (1) reducing or eliminating artificial or trade-distorting barriers to foreign investment, expanding the principle of national treatment, and reducing unreasonable barriers to establishment; and (2) developing internationally agreed rules through the negotiation of investment agreements, including dispute settlement procedures, that will help ensure a free flow of foreign investment and will reduce or eliminate the trade distortive effects of certain trade-related investment measures. Declares that the principal U.S. negotiating objectives regarding intellectual property are: (1) promoting adequate and effective protection of intellectual property rights; (2) securing fair, equitable, and non-discriminatory market access opportunities for U.S. persons that rely on intellectual property protection; and (3) recognizing that the inclusion in the WT0 of adequate and effective substantive norms and standards for the protection and enforcement of intellectual property rights and dispute settlement provisions and enforcement procedures is without prejudice to other complementary initiatives undertaken in other international organizations. Declares that the principal U.S. negotiating objectives regarding agriculture are, in addition to those set forth in the Food Security Act of 1985, achieving on an expedited basis to the maximum extent feasible, more open and fair conditions of trade in agricultural commodities. Declares that the principal U.S. negotiating objectives regarding unfair trade practices are: (1) enhancing the operation and effectiveness of the relevant Uruguay Round Agreements and any other agreements designed to define, deter, discourage the persistent use of, and otherwise discipline, unfair trade practices having adverse trade effects, including forms of subsidy and dumping not adequately disciplined; and (2) obtaining the enforcement of WTO rules against trade-distorting practices of state trading enterprises and the acts, practices, or policies of any foreign government which, as a practical matter, unreasonably require that substantial direct investment in the foreign country be made, intellectual property be licensed to the foreign country or to any firm of the foreign country or other collateral concessions be made, as a condition for the importation of any product or service of the United States into the foreign country or as a condition for carrying on business in the foreign country. Declares that the principal U.S. negotiating objectives regarding safeguards are: (1) improving and expanding rules and procedures covering safeguard measures; (2) ensuring that safeguard measures are transparent, temporary, degressive, and subject to review and termination when no longer necessary to remedy injury and to facilitate adjustment; and (3) requiring notification of, and to monitor the use by, WTO members of import relief actions for their domestic industries. Declares that the principal U.S. negotiating objectives regarding improvement of the WTO and multilateral trade agreements are: (1) improving the operation and extending the coverage of the WTO and such agreements to products, sectors, and conditions of trade not adequately covered; and (2) expanding country participation in particular agreements, where appropriate. Declares that the principal U.S. negotiating objectives regarding dispute settlement are: (1) providing for effective and expeditious dispute settlement mechanisms and procedures in any trade agreement entered into under this authority; and (2) ensuring that such mechanisms within the WTO and agreements concluded under the auspices of the WTO provide for more effective and expeditious resolution of disputes and enable better enforcement of U.S. rights. Declares that the principal U.S. negotiating objective regarding transparency is to obtain broader application of the principle of transparency through increased public access to information regarding trade issues, clarification of the costs and benefits of trade policy actions, and the observance of open and equitable procedures by U.S. trading partners and within the WTO. Declares that the principal U.S. negotiating objectives regarding developing countries are: (1) ensuring that developing countries promote economic development by assuming the fullest possible measure of responsibility for achieving and maintaining an open international trading system by providing reciprocal benefits and assuming equivalent obligations with respect to their import and export practices; and (2) establishing procedures for reducing nonreciprocal trade benefits for the more advanced developing countries. Declares that the principal U.S. negotiating objective regarding current account surpluses is to promote policies to address large and persistent global current account imbalances of countries by imposing greater responsibility on such countries to undertake policy changes aimed at restoring current account equilibrium through expedited implementation of trade agreements where feasible and appropriate. Declares that the principal U.S. negotiating objective regarding access to high technology is to obtain the elimination or reduction of foreign barriers to, and acts, policies, or practices by foreign governments which limit, equitable access by U.S. persons to foreign-developed technology. Declares that the principal U.S. negotiating objective regarding border taxes is, within the WTO, to obtain a revision of the treatment of border adjustments for internal taxes in order to redress the disadvantage to countries that rely primarily on direct taxes rather than indirect taxes for revenue. Declares that the principal U.S. negotiating objectives regarding regulatory competition are: (1) ensuring that foreign government regulations and other government practices do not unfairly discriminate against U.S. goods, services, or investment; and (2) preventing the use of foreign government regulation and other government practices, including the lowering of, or derogation from, existing labor, health and safety, or environmental standards, for the purpose of attracting investment or inhibiting U.S. exports. States that it is U.S. policy to reinforce the trade agreements process by: (1) fostering stability in international currency markets and developing mechanisms to assure greater coordination, consistency, and cooperation between international trade and monetary systems and institutions in order to protect against the trade consequences of significant and unanticipated currency movements; (2) supplementing and strengthening standards for protection of intellectual property rights under conventions designed to protect such rights that are administered by non-WTO international organizations, expanding the conventions to cover new and emerging technologies, and eliminating discrimination and unreasonable exceptions or pre-conditions to such protection; (3) promoting respect for workers' rights; and (4) expanding the production of goods and trade in goods and services to ensure the optimal use of the world's resources while seeking to protect and preserve the environment and to enhance the international means for doing so. (Sec. 2003) Sets forth the authority of the President to enter trade agreements with foreign countries regarding tariff and non-tariff barriers. Allows the President to enter into such agreements before October 1, 2001 (or before October 1, 2005, if trade authorities are extended according to a specified congressional procedure). States that a trade agreement may be entered only if it makes progress in meeting the applicable objectives, and the President satisfies certain congressional consultation requirements, set forth in this Act. Declares that bills implementing trade agreements may qualify for congressional trade agreement approval (fast-track) procedures only if they consist solely of: (1) provisions approving a trade agreement entered into under this Act that achieves one or more of the principal negotiating objectives set forth above, and approving any statement of administrative action; (2) provisions that are necessary to implement such agreement or otherwise related to the implementation, enforcement, and adjustment to the effects of such trade agreement and are directly related to trade; and (3) provisions necessary to comply with budget offset requirements of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Provides for extension of fast-track procedures to agreements entered into on or after October 1, 2001, and before October 1, 2005, upon the President's request if neither House of the Congress adopts an extension disapproval resolution according to a specified procedure. (Sec. 2004) Prescribes requirements for presidential notice and consultation with the Congress before negotiations on tariff and nontariff barrier agreements. Requires the President to consult with specified congressional committees before entering an agreement. Provides that in the course of negotiations conducted under this Act, the United States Trade Representative (USTR) shall consult closely and on a timely basis (including immediately before initialing an agreement) with, and keep fully apprised of the negotiations, the congressional advisers for trade policy and negotiations appointed under the Trade Act of 1974, the Committee on Finance of the Senate, and the Committee on Ways and Means of the House of Representatives. (Sec. 2005) Requires the President to notify the Congress within 90 days of entering an agreement. Requires the President, within 60 days of signing an agreement, to submit to the Congress a preliminary list of changes to existing laws considered mandatory to bring the United States into compliance with the agreement. Provides that fast-track procedures shall not apply to any implementing bill that contains a provision approving any agreement regarding tariff and non-tariff barriers with any foreign country if the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives disapprove of the negotiation of the agreement before the close of the 90-calendar day period that begins when notice is provided with respect to the negotiation of such agreement. Authorizes both Houses of Congress to adopt, within 60 days of each other, a procedural disapproval resolution denying fast-track to any trade agreement if the President has failed or refused to notify or consult with the Congress about it. Requires the President, at least 90 days before entering into a trade agreement, to provide the ITC with agreement details and request the Commission to assess them. Requires the ITC, within 90 calendar days after the President enters into the agreement, to assess for the President and Congress the agreement's likely impact on the U.S. economy as a whole and on specific industry sectors. (Sec. 2006) Exempts from notice and certain consultation requirements of this Act agreements that result from negotiations which were commenced before the enactment of this Act: (1) under the auspices of WTO regarding trade in information technology products; (2) pursuant to a Uruguay Round Agreement; (3) with Chile; or (4) to achieve a free trade area of the Americas. Title III: Trade Adjustment Assistance - Amends the Trade Act of 1974 to authorize appropriations to the Departments of Labor and of Commerce through FY 2000 for trade adjustment assistance (TAA) for workers and for firms, respectively. (Sec. 3001) Postpones termination of the TAA programs until the end of FY 2000. Title IV: Market Access Identification for Certain Agricultural Products - United States Agricultural Products Market Access Act of 1998 - Amends the Trade Act of 1974 to require the USTR, by 30 days after the annual National Trade Estimate is due, to identify those foreign countries that: (1) deny fair and equitable market access to U.S. agricultural products, or that apply unjustified sanitary or phytosanitary standards to such imports; and (2) are priority foreign countries (which engage in the most egregious acts, policies, or practices that deny market access to, or whose acts, policies, or practices have the greatest adverse impact on, U.S. agricultural products). Prescribes certain requirements with respect to the identification of such countries. (Sec. 4003) Requires the USTR to report annually to specified congressional committees on actions taken, and on progress made, in achieving market access for U.S. value-added agricultural products. Title V: Approval and Implementation of OECD Shipbuilding Agreement - OECD Shipbuilding Trade Agreement Act - Subtitle A: General Provisions - Declares that the Congress approves the Agreement Respecting Normal Competitive Conditions in the Commercial Shipbuilding and Repair Industry (Shipbuilding Agreement), a reciprocal trade agreement resulting from negotiations under the auspices of the Organization for Economic Cooperation and Development, entered into on December 21, 1994. (Sec. 5102) Amends the Tariff Act of 1930 to impose an injurious pricing charge upon the foreign producer of a vessel sold to U.S. buyers at less than fair value if the U.S. International Trade Commission determines that as a result of the sale an industry in the United States: (1) has been materially injured, or is threatened with material injury; or (2) the establishment of an industry in the United States is or has been materially retarded. Prescribes procedural guidelines for: (1) an injurious pricing investigation by an administering authority (Secretary of Commerce, or any other Federal officer to whom such responsibilities are transferred); (2) collection of such an injurious pricing charge; and (3) imposition of countermeasures. Prescribes guidelines for: (1) injurious pricing petitions by third countries, and by eligible interested parties with respect to a sale to a buyer in a Shipbuilding Agreement Party; (2) a comparison between export price and normal value in order to determine whether a subject vessel has been sold at less than fair value; (3) hearings and determinations on the basis of available facts; and (4) conduct of investigations. Authorizes the USTR to request the Commission to issue an advisory report, and to notify certain congressional committees, if a dispute settlement panel finds that a Commission action is not in conformity with U.S. obligations under the Shipbuilding Agreement. Provides for implementation of Commission determinations, including suspension of injurious pricing charges. (Sec. 5103) Directs the Customs Service to deny any request, with certain exceptions, for a permit to lade or unlade passengers, merchandise, or baggage from or onto vessels appearing on a countermeasures list pursuant to this Act. (Sec. 5104) Provides for judicial review in injurious pricing and countermeasure proceedings. Subtitle B: Other Provisions - Amends the Tariff Act of 1930 to exempt certain Shipbuilding Agreement Party vessels from the customs duty on equipment purchased for, and repairs made in a foreign country upon, a vessel documented under U.S. law to engage in the foreign or coastwise trade. Specifies as so exempt: (1) self-propelled seagoing vessels of 100 gross tons or more used for transportation of goods or persons or for performance of a specialized service (including, but not limited to, ice breakers and dredges); (2) tugs of 365 kilowatts or more; and (3) integrated tug-barges or tug-barge combinations. (Sec. 5202) Precludes any private right of action under the Shipbuilding Agreement. (Sec. 5204) Amends the Merchant Marine Act, 1936 to include a Shipbuilding Agreement vessel within its eligibility guidelines on construction-differential and operating-differential subsidies. Revises guidelines for Federal loans and guaranteed loans for shipbuilding. (Sec. 5206) Directs the USTR to: (1) establish a program to monitor the compliance of Shipbuilding Agreement Parties with their obligations under the Agreement; and (2) use the consultation and dispute settlement procedures under the Agreement to redress Agreement violations. (Sec. 5208) Provides, with respect to the Shipbuilding Agreement, for: (1) Party withdrawal (and termination of withdrawal); (2) congressional procedures for withdrawing approval of the Agreement; (3) non-Party accession; and (4) protection of U.S. interests. Prohibits the President from implementing the notice of withdrawal of the United States from the Shipbuilding Agreement until the withdrawal of one or more Shipbuilding Agreement Parties is in effect and specified circumstances apply to such Parties. Sets forth an expedited congressional procedure for the introduction and enactment of snapback implementing bills, which would reinstate requirements regarding ships built in the United States before enactment of this Act, in the event of U.S. withdrawal from the Shipbuilding Agreement. Subtitle C: Effective Date - Sets forth the effective and termination dates of this Act. Title VI: Miscellaneous Trade and Tariff Provisions - Subtitle A: Extension of Normal Trade Relations to Mongolia - Authorizes the President to: (1) determine that title IV of the Trade Act of 1974 (denying nondiscriminatory treatment to the products of certain countries) should no longer apply to Mongolia; and (2) based upon such determination, extend normal trade relations to Mongolian products. Subtitle B: Miscellaneous Tariff Provisions - Amends the Harmonized Tariff Schedule of the United States to set forth the duty treatment of certain fabrics, of carded or combed wool or fine animal hair, all certified by the importer as "Super 90's" or higher grade intended for use in making suits, suit-type jackets or trousers. (Sec. 6102) Grants duty-free treatment, through January 1, 2003, of the personal effects of, and other equipment imported and used by, participants, their families and associated members, and officials involved in the 1999 International Special Olympics, the 1999 Women's World Cup Soccer, the 2001 International Special Olympics, the 2002 Salt Lake City Winter Olympics, and the 2002 Winter Paralympic Games. Declares that such articles shall be: (1) free of applicable taxes and fees; but (2) not exempt from routine customs inspections. (Sec. 6103) Amends the Harmonized Tariff Schedule of the United States to extend to certain fine jewelry (gold, silver, and platinum) which is the product of the Virgin Islands, Guam, or American Samoa (including any such article which contains any foreign component) certain trade benefits of insular possessions of the United States. (Sec. 6104) Declares that Executive Order 13067 (prohibiting importation into the United States of articles of Sudanese origin without a specified license) shall not apply to importation on or before December 31, 2002, of gum arabic. (Sec. 6105) Amends the Tariff Act of 1930 to make eligible for duty drawback any materials imported and used in the construction and equipment of a mobile offshore drilling unit operated outside the exclusive economic zone of the United States for the unit's useful life, notwithstanding that such unit may not within the strict meaning of the term be an article exported. Title VII: Revenue Provisions - Amends the Internal Revenue Code to apply the tax benefits provided by capital construction funds to any vessel constructed or reconstructed in any nation (not just the United States) that is a Party to the OECD Shipbuilding Agreement entered into on December 21, 1994. (Sec. 7002) Reduces the carryback period for excess foreign tax credits from two years to one year. Extends the excess foreign tax credits carryforward period from five years to seven years.

Bill· SS. 2425 (105th)referred

Collegiate Learning and Student Savings Act

United States · United States Congress · 31 July 1998

Collegiate Learning and Student Savings Act - Amends the Internal Revenue Code to: (1) permit private higher educational institutions, in addition to currently permitted State institutions, to establish qualified tuition programs; and (2) exclude from gross income such program distributions used for qualified higher education expenses. Amends the Investment Company Act of 1940 to exempt qualified tuition programs from the definition of an investment company.

Bill· SS. 2409 (105th)referred

Businesses Educating Students in Technology (BEST) Act

United States · United States Congress · 31 July 1998

Businesses Educating Students in Technology (BEST) Act - Amends the Internal Revenue Code to provide a business taxpayer with a credit for technology-based education and training costs on behalf of employee-students in skills related to the taxpayer's business. Limits such credit to $100,000 annually based upon 40 percent of allowable expenditures.

Bill· SS. 2397 (105th)referred

Public School Construction Partnership Act

United States · United States Congress · 31 July 1998

Public School Construction Partnership Act - Amends the Internal Revenue Code to authorize issuance of tax-exempt private activity bonds to finance construction and rehabilitation of high-growth area public elementary and secondary schools through public-private construction and ownership agreements. Limits the annual aggregate amount of a State's tax-exempt financing. Sets forth State allocation rules, including a discretionary allocation for non high-growth school areas. Exempts such bonds from: (1) State volume caps; and (2) land use or acquisition limitations. Increases the arbitrage rebate exception for State and local bonds used to finance public schools.

Bill· HRH.R. 4364 (105th)open

Depository Institution Regulatory Streamlining Act of 1998

United States · United States Congress · 31 July 1998

TABLE OF CONTENTS: Title I: Improving Monetary Policy Title II: Improving Depository Institution Management Practices Subtitle A: National Banks Subtitle B: Savings Associations Subtitle C: Other Institutions Title III: Streamlining Federal Banking Agency Requirements and Elimination of Unnecessary or Outdated Requirements Title IV: Disclosure Simplification Title V: Bank Examination Report Privilege Act Title VI: Technical Corrections Depository Institution Regulatory Streamlining Act of 1998 - Title I: Improving Monetary Policy - Amends the Federal Reserve Act (FRA) to authorize payment of interest quarterly to depository institutions on required reserve balances maintained at a Federal reserve bank. (Sec. 102) Amends the Federal Deposit Insurance Act (FDIA) to authorize a depository institution to permit the holder of an interest-bearing account to: (1) make interaccount transfers; and (2) make withdrawals by negotiable or transferable instruments for transfers to third parties. Amends the following statutes to repeal the prohibition on payment of interest on demand deposits: (1) the FRA; (2) the Home Owners' Loan Act (HOLA); and (3) the FDIA. (Sec. 103) Extends from FY 1998 to FY 2003 the mandate for transfer of certain Federal reserve bank surplus funds into the general fund of the Treasury. Prohibits a Federal reserve bank from replenishing its surplus fund by the amount of such transfer during the fiscal year for which the transfer was made. (Sec. 104) Requires the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) to study and report to the Congress on the adequacy of the deposit insurance funds. Title II: Improving Depository Institution Management Practices - Subtitle A: National Banks - Amends the Banking Act of 1933 to authorize the Comptroller of the Currency to exempt a national banking association from the 25-member limitation placed on its board of directors. (Sec. 202) Amends the Revised Statutes of the United States and the FDIA to permit a national banking association, and an insured depository institution respectively, to make a loan or discount on the security of its own capital stock if it acquires such stock to prevent loss upon a debt contracted for in good faith. (Currently the Revised Statutes require disposition of such a purchase within six months of acquisition.) (Sec. 203) Amends the National Bank Consolidation and Merger Act to permit a national bank, upon approval of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System (Federal Reserve Board), to reorganize as a bank holding company subsidiary. Subtitle B: Savings Associations - Amends HOLA to permit a savings and loan (S&L) holding company to acquire or retain more than five percent of the voting shares of either a non-subsidiary S&L holding company or savings association, with the prior written approval of the Director of the Office of Thrift Supervision (OTS Director). (Sec. 212) Permits Federal savings associations to make loans and investments in service companies whose entire capital stock is available exclusively for purchase by savings associations. (Sec. 213) Repeals the mandatory 30-day advance notice of a declaration of dividend on guaranty, permanent, or other nonwithdrawable stock by S&L holding company subsidiary savings associations. (Sec. 214) Revises the authority for investments in real property and obligations secured by liens on real property. Replaces the current specification of real property located within a geographic area or neighborhood receiving concentrated development assistance by a local government under title I of the Housing and Community Development Act of 1974, with the specification of investments in real property for the primary purpose of promoting the public welfare, including the welfare of low- and moderate-income communities or families (including the provision of housing, services, or jobs). Limits the aggregate amount of such investments by a savings association to the sum of five percent of the association's capital stock actually paid in and unimpaired and five percent of the association's unimpaired surplus fund (currently, two percent of association assets). Authorizes the increase of such percentages to ten percent if the OTS Director determines that a higher amount will pose no significant risk to the affected deposit insurance fund, and that the savings association is adequately capitalized. Subtitle C: Other Institutions - Amends the FDIA to prohibit officers, directors, and committee members of an insured credit union from receiving any economic benefit as a result of credit union conversions. Title III: Streamlining Federal Banking Agency Requirements and Elimination of Unnecessary or Outdated Requirements - Requires the Federal banking agencies to use "plain English" in all proposed and final rulemakings, and work jointly to: (1) develop a system for electronic filing of financial status (call) reports by insured depository institutions; (2) adopt a single form for the filing of required core information; and (3) simplify instructions accompanying such core information. (Sec. 303) Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to authorize Federal banking agencies to allow readily marketable purchased mortgage servicing rights to be valued at more than 90 percent (prohibited under current law) if the agencies jointly find that such valuation would not have an adverse effect on either deposit insurance funds or the safety and soundness of insured depository institutions. (Sec. 304) Amends the National Bank Receivership Act and the FDIA to provide for judicial review of the appointment of a receiver for either a national bank or for an insured depository institution. (Sec. 305) Amends the Revised Statutes to eliminate minimum capitalization requirements for national banks and for new branches of a national banking association. (Sec. 308) Amends the FDIA to grant the FDIC rulemaking authority to establish interest rates and to make postinsolvency payments of interest to creditors of receivership estates of insured Federal or State depository institutions following satisfaction by the receiver of the principal amount of all creditor claims. (Sec. 309) Repeals deposit broker notification and recordkeeping requirements. (Sec. 310) Revises FRA credit extension guidelines to: (1) permit a member bank to extend home equity lines of credit of up to $100,000 to its executive officers; and (2) specify a maximum credit extension ceiling for such officers secured by readily marketable assets of specified value. (Sec. 311) Amends the FRA to repeal certain restrictions on loans by member banks secured by stock or bond collateral, including the power and the duty of the Federal Reserve Board to: (1) establish capital and surplus percentages (lending limits) to restrain the undue use of bank loans for the speculative carrying of securities; and (2) prevent a member bank from increasing bank loans that are secured by stock or bond collateral. (Sec. 312) Amends the Bank Holding Company Act of 1956 to repeal the limitations placed upon savings bank life insurance activities. Title IV: Disclosure Simplification - Amends the Truth in Lending Act variable percentage rate disclosure requirements for open end consumer credit plans secured by the consumer's principal dwelling to enable the creditor to substitute a statement that periodic payments may substantially increase or decrease in lieu of the currently mandated table showing how such rate and minimum periodic payment would have been affected during the preceding 15-year period. (Sec. 402) Sets forth alternative disclosure requirements for radio or television consumer credit advertisements. Title V: Bank Examination Report Privilege Act - Amends the FDIA and the Federal Credit Union Act to establish a bank supervisory privilege whereby all confidential supervisory information shall be the property of the Federal banking agency that created or requested the information, and such information shall be privileged from disclosure to any other person absent prior agency authorization. Prescribes implementation guidelines. Title VI: Technical Corrections - Makes technical corrections to related statutes to reflect the changes wrought by this Act.

Bill· HRH.R. 4375 (105th)referred

Bipartisan NO Tobacco for Kids Act of 1998

United States · United States Congress · 31 July 1998

TABLE OF CONTENTS: Title I: Price Increase to Discourage Child Tobacco Use Title II: FDA Jurisdiction Over Tobacco Products Title III: Performance Objectives to Reduce Child Tobacco Use Title IV: Smoke-Free Environments Title V: Tobacco Prevention Initiatives Title VI: International Tobacco Control Title VII: Tobacco Accountability Board Title VIII: Payments to States Subtitle A: Resolution of State Actions Subtitle B: State Grants Subtitle C: Castano Actions Title IX: Definitions Bipartisan NO Tobacco for Kids Act of 1998 - Title I: Price Increase to Discourage Child Tobacco Use - Requires that the funds raised by this title be used to reduce the public debt, except as provided in titles V and VIII. (Sec. 102) Requires each tobacco manufacturer (defining manufacturer, for this Act, to include importers) to make initial ($10 billion dollars allocated by the manufacturer's share of units manufactured or imported) and annual (50 cents per unit manufactured or imported) payments. Excludes exports. (Sec. 103) Provides for injunctions and civil monetary penalties for failure to comply with regulations under this title. Title II: FDA Jurisdiction Over Tobacco Products - Amends the Federal Food, Drug, and Cosmetic Act (FDCA) to add nicotine in tobacco products to the definition of "drug" and add tobacco products to the definition of "device." (Sec. 203) Declares a tobacco product misbranded if it does not comply with section 205 requirements. Amends restricted device provisions to authorize the Secretary of Health and Human Services, if the Secretary determines that there cannot otherwise be reasonable assurances of safety and effectiveness, to require tobacco advertising and promotion restrictions. Prohibits State and local requirements of warnings on labels and in advertising if this Act requires a warning. (Sec. 204) Requires that all provisions of specified existing tobacco regulations be considered lawful and lawfully promulgated under the FDCA. (Sec. 205) Deems, for tobacco products, an action providing appropriate protection of public health to provide a reasonable assurance of safety and effectiveness. Mandates regulations, conforming to specified provisions of the Proposed Resolution between manufacturers and State attorneys general on June 20, 1997: (1) restricting tobacco marketing, advertising, and access (but prohibits restrictions on marketing or advertising that would violate the first amendment to the Constitution); (2) requiring warnings on cigarette and smokeless tobacco labeling and advertisements; and (3) regarding tobacco product ingredients. Makes it unlawful to advertise tobacco on any electronic medium subject to the jurisdiction of the Federal Communications Commission. Prohibits considering the Secretary of Health and Human Services' failure to approve or disapprove an ingredient's safety within the review period to be approval. Prohibits a manufacturer from stating or implying in labeling or advertising that a product has a reduced health risk unless the Secretary has so determined. Prohibits a State from receiving a grant under subtitle B of title VIII of this Act unless the State has put into law a tobacco control program conforming to the model State program established by the Secretary. Mandates establishment of that model program, including in its requirements State retail licensure, a prohibition of tobacco purchase for resale or distribution to individuals under 18, compliance inspection conduct and frequency, State performance objectives, and violations penalties. Requires, if a State fails to implement a conforming program or fails to achieve the performance objectives, that the Secretary withhold up to 20 percent of the grant to the State under subtitle B of title VIII of this Act. Mandates a Federal retail licensing program for retailers on Federal property, retailers in a State without an effective program conforming to the model program, and others as specified by the Secretary. Authorizes the Secretary to order a State-licensed retailer in violation of this Act to suspend or cease tobacco sales. Treats Indian tribes and tribal organizations as a State regarding retailers operating on Indian reservations. (Sec. 206) Adds violation of any FDCA tobacco requirement to the list of FDCA prohibited acts. Authorizes the Secretary to disclose tobacco information to the public if the Secretary determines it appropriate to protect public health. (Sec. 207) Repeals the Federal Cigarette Labeling and Advertising Act and the Comprehensive Smokeless Tobacco Health Education Act of 1986. Title III: Performance Objectives to Reduce Child Tobacco Use - Mandates an annual survey regarding the percentage of children using each manufacturer's tobacco product. (Sec. 302) Requires each manufacturer to have a performance objective of reducing its child tobacco use by specified percentages. Requires, if the reductions are not met, price increases and, for subsequent consecutive year failures, sales by carton minimum and packaging in black on a white background. (Sec. 306) Makes failure to comply with this title's requirements an FDCA prohibited act. (Sec. 307) Requires that the annual survey determine the use level for children of different racial and ethnic backgrounds. Mandates, if use is increasing (or not decreasing at a proportionate rate) among children of a racial or ethnic background, recommendations to the Congress regarding reducing the level for those children. Title IV: Smoke-Free Environments - Requires the responsible entity for each public facility (any building in which activities substantially affecting interstate commerce occur, subject to exceptions for locations such as residential buildings, on-sale alcoholic beverage establishments, and prisons) to implement a smoke-free environment policy meeting specified requirements. Allows smoking areas meeting certain requirements. (Sec. 402) Authorizes an action to enforce this title (by injunction or civil monetary penalty) by any aggrieved person, State or local governmental agency, or the Administrator of the Environmental Protection Agency, allowing the award of litigation costs (including attorney's and expert fees) to any prevailing party. Authorizes the court to order that the civil penalties be used for projects furthering this title. Prohibits compensatory and punitive damages. (Sec. 403) Authorizes the Administrator to extend the smoke-free policy requirement to certain otherwise-exempt facilities if the Administrator determines that the extension is appropriate to protect the public health. (Sec. 405) Declares that this title does not preempt or affect any other Federal, State, or local law providing protection from environmental tobacco health hazards. Title V: Tobacco Prevention Initiatives - Requires that funds be made available (from annual manufacturer payments under section 102) to the Secretary of Health and Human Services, without fiscal year limitation, for: (1) a national public awareness campaign to discourage tobacco use; (2) the implementation of FDCA tobacco provisions, title III of this Act, and Tobacco Accountability Board provisions of this Act; (3) tobacco use cessation programs (mandating grants); (4) research on nicotine addiction, cessation, and prevention; and (5) tobacco surveillance and epidemiology research. Requires that certain programs under this title: (1) take into account the needs of minority populations; and (2) be age, culturally, and linguistically appropriate for those populations. Title VI: International Tobacco Control - Mandates regulations to prohibit domestic concerns from directly or indirectly: (1) selling or distributing tobacco in a foreign country without warning labels appropriate to protect public health; or (2) selling or distributing tobacco in a foreign country to children or advertising or promoting it in a way that appeals to children. Adds violations to the list of FDCA prohibited acts. (Sec. 602) Prohibits any U.S. officer, employee, department, or agency from: (1) promoting tobacco export or foreign sale, manufacture, promotion, distribution, or use; or (2) subject to exception, seeking the removal or reduction of foreign restrictions on tobacco importation, exportation, sale, manufacture, promotion, distribution, tariffs, or taxes. (Sec. 603) Establishes in the Treasury the International Tobacco Control Trust Fund, to be funded by payments under section 605. Provides for the use of Fund amounts for: (1) the American Center on Global Health and Tobacco; (2) grants and other assistance to foreign governments, nongovernmental organizations, and international organizations for foreign tobacco control; and (3) enforcement of any requirement regarding foreign tobacco sale, distribution, or promotion. (Sec. 604) Establishes the American Center on Global Health and Tobacco (ACT) as a private, nonprofit corporation, requiring it to assist foreign organizations to reduce and prevent tobacco use, including through public awareness campaigns and youth-oriented and community-based programs. (Sec. 605) Requires each domestic concern that manufactures tobacco in a foreign country (or controls a person who does so) to annually pay to the Fund a specified amount per unit manufactured. (Sec. 606) Mandates regulations to reduce tobacco smuggling in interstate and foreign commerce. (Sec. 607) Declares that it is the sense of the Congress that the Government should support implementation of the International Framework Convention on Tobacco Control through all available resources. Title VII: Tobacco Accountability Board - Establishes the Tobacco Accountability Board as an independent board. Requires each tobacco manufacturer to submit to the Board all documents in the manufacturer's possession: (1) relating to tobacco health effects (including addiction), the manipulation of nicotine, or tobacco sale or marketing to children; or (2) produced or ordered to be produced in a named civil action. Requires the Board to make the documents available to the public. Exempts trade secrets from public disclosure unless the Board determines that disclosure is appropriate to protect the public health. (Sec. 703) Requires the Board to investigate all matters relating to tobacco and public health and report to the Congress annually. (Sec. 705) Empowers the Board to bring an action to enjoin a failure to comply with this title or to impose a civil monetary penalty. (Sec. 707) Prohibits discrimination against an individual as a reprisal for disclosing information regarding a violation of tobacco-related law. Applies to whistleblowers existing provisions of Federal law allowing whistleblowers to receive a portion of any false claims amounts recovered. Title VIII: Payments to States - Subtitle A: Resolution of State Actions - Allows a State to elect to receive payments under section 802 instead of seeking recovery from manufacturers for health care costs attributable to tobacco use. Prohibits a State that so elects from seeking recovery from manufacturers, except for actions after enactment of this Act or for criminal prosecutions. (Sec. 802) Directs the Secretary of the Treasury to pay to any State so electing the amount the State would have received under the Proposed Resolution between manufacturers and State attorneys general. Requires a State to pass payments through to local governments in proportion to the local government's tobacco use health care costs. Makes a State that fails to pass through payments ineligible for this section's future payments. (Sec. 803) Exempts a manufacturer from the portion of the section 102 payments that will be provided to States under this title if the manufacturer: (1) resolved tobacco-related civil actions with more than 25 States before 1998; (2) provided to all other States the opportunity to enter into substantially similar settlements; and (3) manufactures less than three percent of all cigarettes manufactured or imported in the United States. Subtitle B: State Grants - Requires that funds be made available annually from amounts paid under section 102, without fiscal year limitation, for grants to States with approved child-oriented or community-based programs to discourage tobacco use. (Sec. 812) Amends title XIX (Medicaid) of the Social Security Act to authorize payment to States for a specified percentage of the State's Medicaid expenditures for tobacco use cessation programs. Subtitle C: Castano Actions - Provides that the rights and benefits afforded in titles III and V are provided in settlement of, and shall constitute the exclusive remedy for the purpose of determining, civil liability as to addiction-dependency claims asserted in specified civil actions against the manufacturers of cigarettes and others (referred to as Castano actions). Preempts and settles all bases for any such claim under State laws, with reservation of the rights of individual class members to pursue their claims in a civil action not based on addiction or dependency in accordance with this Act. Specifies that, for purposes of determining the applicable statute of limitation or repose, individual actions filed by those who were included within such class actions shall be considered to have been filed as of the filing date of the original class action. Establishes an Arbitration Panel for purposes of awarding attorney's fees and expenses relating to litigation affected by, or legal services that resulted in, this Act. Sets forth provisions regarding the right to petition the Panel, criteria in making awards, appeal and enforcement, the source and payment of awards, and the validity and enforceability of private agreements with respect to the allocation or division of attorney's fees. Title IX: Definitions - Sets forth definitions for this Act.

Bill· HRH.R. 4379 (105th)referred

Budget Surplus Dividend Act of 1998

United States · United States Congress · 31 July 1998

Budget Surplus Dividend Act of 1998 - Amends the Internal Revenue Code to allow, upon a specified determination of budgetary surplus, a credit equal to a certain percentage of a taxpayer's annual social security taxes. Provides for the use of budgetary surplus to reduce public debt and increase nondefense discretionary spending.

Bill· SS. 2386 (105th)referred

A bill to provide that a charitable contribution deduction shall be allowed for that portion of the cost breast cancer research stamp which is in excess of the cost of a regular first-class stamp.

United States · United States Congress · 30 July 1998

Provides that a charitable contribution tax deduction under the Internal Revenue Code shall be allowed to a taxpayer for that portion of the cost of the breast cancer research stamp which is in excess of the cost of a regular first-class stamp.

Bill· SS. 2376 (105th)referred

Conservation Tax Incentives Act of 1998

United States · United States Congress · 30 July 1998

Conservation Tax Incentives Act of 1998 - Amends the Internal Revenue Code to provide a 50 percent exclusion of gain on the sale of land or interests in land or water to a governmental entity or qualified conservation nonprofit organization for conservation purposes.

Bill· SS. 2371 (105th)referred

Family Investment and Rural Savings Tax Act

United States · United States Congress · 30 July 1998

TABLE OF CONTENTS: Title I: Reduction in Individual Capital Gains Tax Rates Title II: Tax Incentives for Farmers Family Investment and Rural Savings Tax Act - Title I: Reduction in Individual Capital Gains Tax Rates - Amends the Internal Revenue Code to reduce individual capital gains tax rates. Title II: Tax Incentives for Farmers - Amends the Internal Revenue Code to permit an eligible farmer or rancher to establish a Farm and Ranch Risk Management Account (FARRM Account). States that: (1) up to 20 percent of farm-derived income may be deposited as an annual income deduction; and (2) deferred amounts shall be taxed upon withdrawal without penalty if distributed within five years. Amends the Taxpayer Relief of 1997 to permanently extend income averaging for farmers.

Bill· HRH.R. 4356 (105th)referred

To amend the Surface Mining Control and Reclamation Act of 1977 to assure that the full amount deposited in the Abandoned Mine Reclamation Fund is spent for the purposes for which the Fund was established.

United States · United States Congress · 30 July 1998

Amends the Surface Mining Control and Reclamation Act of 1977 to declare that moneys in the Abandoned Mine Reclamation Fund shall be available for reclamation and restoration purposes without further appropriation and without fiscal year limitation.

Bill· HRH.R. 4361 (105th)referred

To amend the Internal Revenue Code of 1986 to provide that an organization shall be exempt from income tax if it is created by a State to provide property and casualty insurance coverage for property for which such coverage is otherwise unavailable.

United States · United States Congress · 30 July 1998

Amends the Internal Revenue Code to exempt an organization from income tax if it is created by a State to provide property and casualty insurance coverage for property for which such coverage is otherwise unavailable.

Bill· SS. 2369 (105th)referred

Personal Retirement Accounts Act of 1998

United States · United States Congress · 29 July 1998

Personal Retirement Accounts Act of 1998 - Establishes in the Treasury the Save Social Security First Trust Fund (Trust Fund). Appropriates specified amounts to it for FY 1998 and 1999 for investment in public debt securities, with investment income credited to the Trust Fund. Prohibits Trust Fund amounts from being appropriated or used for any purpose other than transfer to the Personal Retirement Savings Fund (PRSF) established by this Act under the Personal Retirement Accounts Program for the benefit of individuals eligible for personal retirement savings accounts (PRSAs) (eligible individuals). Slates the Trust Fund for dissolution upon the transfer of all its amounts to PRSF. (Sec. 4) Amends the Social Security Act (SSA) to create a new title I, Personal Retirement Accounts Program (PRAP), redesignating current SSA title I (Old Age Assistance) as SSA title VI. Establishes in the executive branch, to administer PRAP, a Personal Retirement Accounts Board (Board), which shall appoint an Executive Director to manage the PRSF. Appropriates specified amounts for FY 2000 through 2003 for the Secretary of the Treasury to transfer to the PRSF, along with amounts in the Trust Fund, where they are to be held in PRSF, along with all net investment earnings in PRSF, in trust for the benefit of eligible individuals. Establishes the PRSF in the Treasury for paying benefits, making distributions, and other uses as specified in connection with PRAP, including most notably for the investment of PRSA funds. Prohibits sums in PRSF that are credited to the individual's PRSA from being used for, or diverted to, purposes other than for the exclusive benefit of the PRSA holder or that holder's beneficiaries. Requires the Executive Director to establish a PRSA for any individual who has worked four qualifying quarters of coverage, as determined under SSA title II (Old Age, Survivors and Disability Insurance) (OASDI). Directs the Executive Director to allocate annually to each PRSA a minimum amount of $250, plus an additional amount, determined according to a specified formula, based on how much the individual paid in payroll taxes and the net earnings and net losses from the investment of the sums transferred above to PRSF. Directs the Board to establish a Government Securities Investment Fund, a Fixed Income Investment Fund, and a Common Stock Index Investment Fund (modeled after the Thrift Savings Plan (TSP) for Federal employees) for the investment of PRSF sums credited to an individual's PRSA, according to an election the individual may make at least twice each year. Prescribes requirements similar to those for the TSP with respect to: (1) accounting and information; (2) annuities and their methods of payment, election, and purchase; (3) protections for spouses and former spouses; and (4) tax treatment of PRSF. Authorizes distributions from an individual's PRSA only on or after the earlier of the date on which the individual begins receiving OASDI benefits or the date of the individual's death. Allows a PRSA holder to designate one or more beneficiaries under regulations prescribed by the Board. Outlines fiduciary responsibilities with respect to the PRSF, as well as personal liability and civil penalties for breach of duties, and bonding requirements. (Sec. 5) Directs the Board to report to appropriate congressional committees its recommendations for additional investment options for individuals with PRSAs, including specific recommendations regarding whether the Board should: (1) make available to such account holders investment funds managed by qualified professional asset managers; and (2) offer diversified investment selections for such account holders that take the individual's age into consideration.

Bill· HRH.R. 4342 (105th)open

Miscellaneous Trade and Technical Corrections Act of 1998

United States · United States Congress · 29 July 1998

TABLE OF CONTENTS: Title I: Miscellaneous Trade Corrections Title II: Temporary Duty Suspensions; Other Trade Provisions Subtitle A: Temporary Duty Suspensions Subtitle B: Other Trade Provisions Miscellaneous Trade and Technical Corrections Act of 1998 - Title I: Miscellaneous Trade Corrections - Makes various specified miscellaneous technical corrections to the Trade Act of 1974 and other specified Federal law involving: (1) abolishment of the East-West Foreign Trade Board; (2) repeal of the requirement that certain small vessels departing from a foreign port, or which visited a hovering vessel, carry a certificate for the importation into the United States of alcoholic spirits; (3) repeal of the exemption of documented tugs with a Great Lakes endorsement from certain entry and clearance requirements; and (4) conforming amendments to obsolete references to the General Agreement on Tariffs and Trade (GATT). Title II: Temporary Duty Suspensions; Other Trade Provisions - Subtitle A: Temporary Duty Suspensions - Amends the Harmonized Tariff Schedule of the United States to provide for temporary duty suspensions for: (1) specified chemicals and dyes variously through December 31, 1998, December 31, 1999, December 31, 2000, December 31, 2001, and December 31, 2002; (2) certain weaving machines through December 31, 1999; (3) certain manufacturing equipment through December 31, 2000; (4) a specified anti-HIV and anti-AIDS drug and anti-cancer drug through December 31, 2000; and (5) skating boots for use in the manufacture of in-line roller skates through December 31, 2000. (Sec. 2053) Reduces the duty, through December 31, 2000, on: (1) substrates of synthetic quartz or synthetic fused silica imported into the United States in bulk or in forms or packages for retail sale; (2) benzenepropanal, 4-(1,1-dimethylyethyl)-alpha-methyl; and (3) ethylene, tetrafluoro copolymer with ethylene (ETFE). (Sec. 2060) Grants duty-free treatment to ziram. Subtitle B: Other Trade Provisions - Amends the Harmonized Tariff Schedule of the United States to extend to certain fine jewelry certain trade benefits of insular possessions of the United States. (Sec. 2502) Provides for the tariff treatment for certain components of scientific instruments and apparatus, as well as the application of the domestic equivalency test to such components. (Sec. 2503) Directs the U.S. Customs Service to liquidate or reliquidate (refund duty on) certain entries made at Los Angeles, California, and New Orleans, Louisiana, in accordance with the final decision of the International Trade Administration for shipments entered between October 1, 1984, and December 14, 1987 (case number A- 274-001). (Sec. 2504) Directs the Secretary of the Treasury to convene a working group of interested parties and, by March 31, 1999, publish regulations and, if necessary, submit legislation to the Congress, to modify and simplify the processing of finished petroleum derivatives drawback claims. (Sec. 2505) Amends the Tariff Act of 1930 to provide that packaging material produced in the United States (currently, any packaging material), which is used by the manufacturer or any other person on or for articles which are exported or destroyed, shall also be eligible for a refund (drawback) of 99 percent of any duty, tax, or fee imposed on the importation of such material used to manufacture or produce the packaging material. (Sec. 2506) Directs the Secretary of the Treasury, by January 1, 1999, to provide for the inclusion of commercial importation data from foreign-trade zones in the National Customs Automation Program (an automated and electronic system for processing commercial importations). (Sec. 2507) Permits the deferral (until sale) of duty payment on any large yacht (a vessel exceeding 79 feet in length and used primarily for recreation or pleasure) that is imported for sale at a boat show, if the importer of record: (1) certifies to the Customs Service that it is imported for sale at a boat show in the United States; and (2) posts a bond in an amount equal to twice the amount of the duty ordinarily owed on such yacht. (Sec. 2508) Directs the appropriate customs officer, within 30 days from the date an application for further review is filed with respect to a protest to a decision of the Customs Service, to allow or deny such application. Requires that any allowed protest be forwarded to the customs officer who will conduct the further review. (Sec. 2509) Authorizes the Customs Service, notwithstanding the fact that a valid protest was not filed, to reliquidate an entry to refund merchandise processing fees paid on goods qualifying under the North American Free Trade Agreement (NAFTA) rules of origin for which no claim for preferential tariff treatment was made at the time of importation, provided that the importer meets certain conditions. (Sec. 2510) Authorizes the entry or withdrawal from a warehouse of international travel merchandise subject to a duty. (Sec. 2511) Revises requirements with respect to the five-year review by the administering authority and the International Trade Commission of countervailing duty or antidumping duty orders, notices of injury determination, or determinations to continue an order or suspension agreement. Excludes from the computation of the five-year period preceding such a review any period during which the importation of the subject merchandise is prohibited on account of U.S. imposition of certain sanctions under the International Emergency Economic Powers Act or other Federal law against the country in which such merchandise originates, if that country is not a member of the World Trade Organization.

Bill· HRH.R. 4349 (105th)open

Long-Term Care Advancement Act of 1998

United States · United States Congress · 29 July 1998

Long-Term Care Advancement Act of 1998 - Amends the Internal Revenue Code to: (1) except from the penalty tax and exclude from income amounts withdrawn from qualified retirement plans which are used to pay for premiums for qualified long-term care insurance contracts; and (2) provide a limited credit for an individual who maintains a household with a person requiring custodial care.

Bill· HRH.R. 4346 (105th)referred

Fallen Heroes Act

United States · United States Congress · 29 July 1998

Fallen Heroes Act - Amends the Internal Revenue Code to exempt public safety officers killed in the line of duty from the income and estate and gift taxes. Excludes from gross income related retirement and survivor distributions.

Bill· SS. 2366 (105th)referred

A bill to amend the Internal Revenue Code of 1986 to provide that housing assistance provided under the Native American Housing Assistance and Self-Determination Act of 1996 shall be treated for purposes of the low-income housing credit in the same manner as comparable assistance.

United States · United States Congress · 28 July 1998

Amends the Internal Revenue Code to disregard certain Native American housing assistance in determining whether a building is federally subsidized for low-income housing credit purposes.

Bill· SS. 2357 (105th)referred

A bill requiring the Congressional Budget Office and the Joint Committee on Taxation to use dynamic economic modeling in addition to static economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law.

United States · United States Congress · 27 July 1998

Expresses the sense of the Congress that it is necessary to ensure that the Congress is presented with reliable information from the Congressional Budget Office (CBO) and the Joint Committee on Taxation as to the dynamic macroeconomic feedback effects to changes in Federal law and the probable behavioral responses of taxpayers, businesses, and other parties to such changes. Requires the Joint Committee and CBO to prepare fiscal estimates of each proposed change in Federal revenue law on the basis of assumptions that estimate the probable behavioral responses of personal and business taxpayers and other relevant entities to such change and its dynamic macroeconomic feedback effects. Applies such requirement only to proposed changes that, pursuant to static fiscal estimates, have a fiscal impact exceeding $100 million in any fiscal year.

Bill· HRH.R. 4339 (105th)referred

Medicare Home Health Beneficiary Protection Act of 1998

United States · United States Congress · 27 July 1998

Medicare Home Health Beneficiary Protection Act of 1998 - Amends part D (Miscellaneous Provisions) of title XVIII (Medicare) of the Social Security Act (SSA), as amended by the Balanced Budget Act of 1997 (BBA '97), to revise reasonable cost requirements with regard to the interim system of limited payments for services provided by home health agencies. Establishes a moratorium on implementation of per beneficiary limits and a three-year freeze on cost limits. Amends BBA '97 to direct the Secretary of Health and Human Services (HHS) to: (1) establish a process for eliminating inappropriate utilization of home health services by reviewing claims for reimbursement of such services furnished under the Medicare program in which the number of home health visits provided to a beneficiary in a year exceeds the regional average of per beneficiary annual visits; (2) if appropriate, issue a determination denying payment for such a claim, and refer the name of the claimant-provider to the HHS Office of Inspector General for investigation; and (3) include in the annual reports to the Congress on home health cost containment any recommendations for changes to the method of payment, claims review, and scope of benefits that the Secretary determines is necessary to achieve actual outlays equal to estimated outlays under Medicare parts A (Hospital Insurance) and B (Supplementary Medical Insurance) for such services during the following fiscal year. (Sec. 4) Amends SSA title XVIII to provide for: (1) establishment of limits for calculating prospective payment rates for home health services under the payment system for such services; and (2) temporary restoration of periodic interim payment for such services.

Bill· SS. 2354 (105th)referred

Medicare Home Health Beneficiary Protection Act of 1998

United States · United States Congress · 24 July 1998

Medicare Home Health Beneficiary Protection Act of 1998 - Amends part D (Miscellaneous Provisions) of title XVIII (Medicare) of the Social Security Act (SSA), as amended by the Balanced Budget Act of 1997 (BBA '97), to revise reasonable cost requirements with regard to the interim system of limited payments for services provided by home health agencies. Establishes a moratorium on implementation of per beneficiary limits and a three-year freeze on cost limits. Amends BBA '97 to direct the Secretary of Health and Human Services (HHS) to: (1) establish a process for eliminating inappropriate utilization of Medicare home health services by reviewing claims in which the number of home health visits provided to a beneficiary in a year exceeds the regional average of per beneficiary annual visits; (2) if appropriate, issue a determination denying payment for such a claim, and refer the name of the claimant-provider to the HHS Inspector General for investigation; and (3) include in the annual reports to the Congress on home health cost containment any recommendations for changes to the method of payment, claims review, and scope of benefits that the Secretary determines is necessary to achieve actual outlays equal to estimated outlays under Medicare parts A (Hospital Insurance) and B (Supplementary Medical Insurance) for such services during the following fiscal year. (Sec. 4) Amends SSA title XVIII to provide for: (1) establishment of limits for calculating prospective payment rates for home health services under the payment system for such services; and (2) temporary restoration of periodic interim payment for such services.

Bill· HRH.R. 4332 (105th)referred

Transportation Tax Equity and Fairness Act

United States · United States Congress · 24 July 1998

Transportation Tax Equity and Fairness Act - Amends the Internal Revenue Code to repeal the special fuel excise tax on railroads and inland waterway transportation. Subjects diesel fuel used in trains to the additional tax for the Leaking Underground Storage Tank Trust Fund.

Bill· HRH.R. 4330 (105th)referred

Christmas Tree Tax Equity Act

United States · United States Congress · 24 July 1998

Christmas Tree Tax Equity Act - Amends the Internal Revenue Code to make cut evergreens used for ornamental purposes that are older than four (currently six) years eligible for election as section 1231 business property and capital gains treatment. Exempts such trees older than four (currently six) years from uniform capitalization rules.

Bill· SS. 2346 (105th)referred

Small Business and Financial Institutions Tax Relief Act of 1998

United States · United States Congress · 23 July 1998

Small Business and Financial Institutions Tax Relief Act of 1998 - Amends the Internal Revenue Code to permit S corporation eligible shareholders to include individual retirement accounts. (Sec. 3) Excludes investment securities income held by a bank from passive income limits for purposes of S status termination. (Sec. 4) Increases the number of eligible S corporation shareholders. (Sec. 5) States that stock held by a bank director as required by banking regulations (director qualifying stock) shall not be considered a disqualifying second class of S corporation stock. (Sec. 6) Directs the Secretary of the Treasury to modify a certain Regulation to permit an S corporation bank to charge certain bad debt deductions over a related bad debt reserve recapture period. (Sec. 7) Includes all banks within the three-year deduction preference rule.

Bill· SS. 2348 (105th)referred

Schools and Libraries Internet Access Act

United States · United States Congress · 23 July 1998

Schools and Libraries Internet Access Act - Amends the Communications Act of 1934 to repeal provisions authorizing the Federal Communications Commission to take certain actions to provide access to advanced telecommunications services for schools, health care providers, and libraries. Amends the Internal Revenue Code to reduce the excise tax paid for telephone and other communications services to one percent (currently, three percent) of the total paid for such services beginning with bills rendered on or after January 1, 1999, and before October 1, 2003. Repeals such communications taxation provisions with respect to bills rendered on or after October 1, 2003. Establishes in the Treasury the Telecommunications Technology Trust Fund and appropriates into such Fund all amounts received pursuant to the above taxation authority after December 31, 1998. Makes such funds available to carry out provisions of the National Telecommunications and Information Administration Organization Act (NTIAO) as added under this Act. Terminates this section on October 1, 2003. Amends the NTIAO to direct the Secretary of Commerce to award a fiscal year grant to each State having an approved plan for the acquisition of telecommunications and related services for: (1) the provision of health care services by any public or nonprofit health care provider that serves persons residing in a rural area; or (2) elementary and secondary schools and libraries, for educational purposes. Provides for an allocation of State funding based on relative populations. Requires the State plan to take into consideration the relative economic need of the eligible entities, including the number of students living in low-income or sparsely populated areas. Authorizes appropriations from the Fund for FY 1999 through 2003 for such grants and administrative expenses. Authorizes appropriations for FY 2004 and thereafter for such purposes from general Treasury funds.

Bill· HRH.R. 4324 (105th)referred

Schools and Libraries Internet Access Act

United States · United States Congress · 23 July 1998

Schools and Libraries Internet Access Act - Amends the Communications Act of 1934 to repeal provisions authorizing the Federal Communications Commission to take certain actions to provide access to advanced telecommunications services for schools, health care providers, and libraries. Amends the Internal Revenue Code to reduce the excise tax paid for telephone and other communications services to one percent (currently, three percent) of the total paid for such services beginning with bills rendered on or after January 1, 1999, and before October 1, 2003. Repeals such communications taxation provisions with respect to bills rendered on or after October 1, 2003. Establishes in the Treasury the Telecommunications Technology Trust Fund and appropriates into such Fund all amounts received pursuant to the above taxation authority after December 31, 1998. Makes such funds available to carry out provisions of the National Telecommunications and Information Administration Organization Act (NTIAO) as added under this Act. Terminates this section on October 1, 2003. Amends the NTIAO to direct the Secretary of Commerce to award a fiscal year grant to each State having an approved plan for the acquisition of telecommunications and related services for: (1) the provision of health care services by any public or nonprofit health care provider that serves persons residing in a rural area; or (2) elementary and secondary schools and libraries, for educational purposes. Provides for an allocation of State funding based on relative populations. Requires the State plan to take into consideration the relative economic need of the eligible entities, including the number of students living in low-income or sparsely populated areas. Authorizes appropriations from the Fund for FY 1999 through 2003 for such grants and administrative expenses. Authorizes appropriations for FY 2004 and thereafter for such purposes from general Treasury funds.

Bill· HRH.R. 4314 (105th)open

Structured Settlement Protection Act

United States · United States Congress · 23 July 1998

Structured Settlement Protection Act - Amends the Internal Revenue Code to: (1) impose an excise tax on persons acquiring structured settlement payments in factoring transactions; and (2) set forth related reporting requirements.

Bill· HRH.R. 4325 (105th)open

Indian Trust Estate Planning and Land Title Management Improvement Act

United States · United States Congress · 23 July 1998

TABLE OF CONTENTS: Title I: Estate Planning Title II: Trust Land Records Management Title III: Real Estate Transactions Title IV: Financial Assistance Title V: Probate Title VI: General Provisions Indian Trust Estate Planning and Land Title Management Improvement Act - Title I: Estate Planning - Directs the Secretary of the Interior to establish an estate planning program to assist Indian landowners to facilitate the transfer of lands to specific heirs. (Sec. 103) Requires the Secretary to provide to each Indian landowner a report that lists, with respect to each tract of trust or restricted land (lands subject to Federal restrictions on alienation) in which the landowner has an interest: (1) the tract of land involved; (2) each co-owner; and (3) the percentage of ownership of each owner. (Sec. 104) Directs the Secretary to provide for estate planners, outreach workers, appraisers, realty and credit staff, and certified surveyors to carry out this Act. Title II: Trust Land Records Management - Requires the Secretary to promote the formation of a computerized land ownership records and payment dispersal system at the local level to enable tribes and individual Indians to: (1) evaluate and implement plans to consolidate fractionated titles; (2) certify title status reports for mortgages, probates, appraisals, and other land transactions; (3) provide an accounting of the land held by Indian landowners to assist in land consolidation and estate planning; and (4) reduce the number of ownership records. (Sec. 203) Directs the Secretary to provide for the design and administration of local land records systems by making funds available to a tribally approved agency or organization. Requires such agency to serve as the archive for tribal land records and the daily use and maintenance of the records to be carried out at the local level. Applies standards consistent with law relating to fiduciary duties to such system and subjects records to audits. (Sec. 204) Requires the Secretary to make grants to tribes, landowner associations, and lease councils to assist in the development of programs for the creation and maintenance of accurate and accessible land ownership databases. Title III: Real Estate Transactions - Authorizes tribes to adopted fractionated land consolidation plans that address fractionation by providing for the sale and exchange of interests in trust or restricted lands for purposes of consolidating fractionated title. Makes a plan inapplicable if the owners of at least 50 percent of the interest in the land file an objection with the Secretary to all or any part of a plan. Applies requirements of this title relating to real estate transactions to trust and restricted lands. (Sec. 303) Requires appraisals for land transactions under this title unless the transferor of the interest in trust or restricted land waives such requirement. Sets forth additional requirements for appraisals. Directs the Bureau of Indian Affairs (BIA) or a tribe to maintain a database on real estate transactions involving trust tribes and make such database available to appraisers, tribes, and landowners to assist in determinations of fair market value of interests in trust or restricted land and other land valuations. (Sec. 304) Authorizes the sale or exchange for an interest in trust or restricted land to be for an amount or exchange value less than fair market value. Requires any land sold or exchanged to remain trust or restricted land. Sets forth rights of purchase with respect to the sale or exchange of interest to a lineal descendant of the original allottee of the land, co-owner, tribal member, or tribe. Grants first right of purchase to lineal descendants of the original allottee. Authorizes Indian landowners to gift deed an interest to their tribe or another Indian. Provides that gift deeds shall not require appraisals or that the grantee be a lineal descendant. (Sec. 305) Sets forth provisions regarding petitions for patents in fee for trust or restricted land. Establishes a hierarchy of persons entitled to leaseback and buyback rights in cases where a default under a federally approved lending program on a loan secured by trust or restricted land occurs. (Sec. 306) Authorizes Indian landowners to enter into agreements for purposes of managing and administering a lease in multiple ownership. (Sec. 307) Repeals specified provisions of the Indian Land Consolidation Act to conform with this Act. Title IV: Financial Assistance - Applies this title to Indian individuals and tribes that have in effect fractionated land consolidation plans. (Sec. 402) Makes funds available from a Land Acquisition Fund for acquisition of fractionated interests by Indian individuals and tribes through a lending program. Authorizes appropriations. (Sec. 403) Declares that funds appropriated within the Economic Development line item for the BIA will be used by the Secretary to make grants to tribes and individual Indians for the acquisition and consolidation of interests in fractionated trust or restricted lands. Title V: Probate - Applies this title to all trust or restricted lands administered by the United States. Authorizes tribes to elect to be exempt from this title's requirements by filing a final resolution with the Secretary. Authorizes tribes to enact tribal laws relating to inheritance to apply in lieu of this title's requirements, subject to the Secretary's approval. (Sec. 502) Provides that, with respect to the inheritance of trust or restricted lands: (1) inheritance by non-Indians shall be limited to receipt of a life estate, with remainder over to the next Indian heirs in line of inheritance; (2) non-Indian heirs-at-law shall receive a life estate to the extent of the intestate share determined; and (3) eligible non-Indian devisees shall receive a life estate in the full share devised to them by will. (Sec. 503) Bars the receipt of trust or restricted lands by devise other than by: (1) the decedent's heirs-at-law relatives within the first and second degree; or (2) members of the tribe, or the tribe, with jurisdiction over the lands devised. (Sec. 504) Grants surviving spouses of decedents without wills disposing of interests to a life estate in one-third of the interest. Sets forth provisions regarding succession in the event of a surviving spouse's death. (Sec. 505) Grants afterborn children, with respect to Indian testators who die without wills including such children where the omission is unintentional, a life estate in all trust or restricted assets of the estate in the amount of the intestate share. (Sec. 507) Sets forth provisions regarding customary adoptions of Alaska Natives and inheritance rights. Title VI: General Provisions - Exempts all lands acquired for Indians under this Act's authority from Federal, State, and county taxation. (Sec. 603) Requires the Secretary to waive any regulation pertaining to Indians that restricts the implementation of a tribal fractionated land consolidation plan.

Bill· HRH.R. 4316 (105th)referred

Public School Rebuilding and Improvement Act of 1998

United States · United States Congress · 23 July 1998

Public School Rebuilding and Improvement Act of 1998 - Amends the Internal Revenue Code to revise current incentives for education zones into incentives for qualified public school modernization bonds, including (currently existing) qualified zone academy bonds and (newly established) qualified school construction bonds. Allows a limited tax credit to taxpayers holding such public school modernization bonds. Raises the national zone academy bond limitation from $400 million to $1.4 billion for 1999 and 2000, and eliminates the limitation after 2000. Prescribes requirements for national qualified school construction bonds, with a national limitation of $13.7 billion for 1999 and 2000, and no limit after 2000.

Bill· SS. 2341 (105th)open

Western Hemisphere Drug Elimination Act

United States · United States Congress · 22 July 1998

TABLE OF CONTENTS: Title I: Enhanced Source and Transit Country Coverage Title II: Enhanced Eradication and Interdiction Strategy in Source Countries Title III: Enhanced Alterative Crop Development Support in Source Zone Title IV: Enhanced International Law Enforcement Training Title V: Enhanced Drug Transit and Source Zone Law Enforcement Operations and Equipment Title VI: Relationship to Other Laws Western Hemisphere Drug Elimination Act - Declares that it is U.S. policy to: (1) reduce the supply of drugs and drug use through an enhanced drug interdiction effort in the major drug transit countries and a comprehensive supply country eradication and crop substitution program, because a commitment of increased resources in international drug interdiction efforts will create a balanced national drug control strategy among demand reduction, law enforcement, and international drug interdiction efforts; and (2) support policies and dedicate the resources necessary to reduce the flow of illegal drugs into the United States by not less than 80 percent by December 31, 2001. Title I: Enhanced Source and Transit Country Coverage - Authorizes appropriations for FY 1999 through 2001 for the Department of the Treasury and the Department of Defense (DOD) for the enhancement of air coverage and operation for drug source and transit countries. (Sec. 102) Authorizes appropriations for FY 1999 through 2001 for the Department of Transportation (DOT) for the enhancement of U.S. Coast Guard maritime coverage and operation in drug source and transit countries. (Sec. 103) Authorizes appropriations for FY 1999 through 2001 for the DOD for the enhancement of radar coverage in drug source and transit countries. Title II: Enhanced Eradication and Interdiction Strategy in Source Countries - Authorizes appropriations for FY 1999 through 2001 for the Department of State and the DOD for the enhancement of drug- related eradication efforts in Colombia. (Sec. 202) Authorizes appropriations for FY 1999 through 2001 for: (1) the Department of State for the establishment of a third drug interdiction site at Puerto Maldonado, Peru, to support air bridge and riverine missions for enhancement of drug-related eradication efforts there; and (2) the DOD for operation and maintenance, Defense-wide, for enhancement of drug interdiction efforts in Peru for support of multinational riverine and small boat maintenance training programs in Iquitos, Peru. Directs the Secretary of Defense to study and report to the Congress on Peruvian counternarcotics air interdiction requirements. (Sec. 203) Authorizes appropriations for FY 1999 through 2001 for the Department of State for enhancement of drug-related eradication efforts in Bolivia. (Sec. 204) Directs the Secretary of State to purchase six Bell 212 high altitude helicopters designated for opium eradication programs in Mexican states of Guerrero, Jalisco, and Sinaloa, for enhancement of drug-related eradication efforts there. Makes this purchase mandate contingent on Mexico's agreement to approve full diplomatic immunity for Drug Enforcement Administration (DEA) personnel serving in Mexico with privileges granted to U.S. Government officials to carry weapons necessary for the performance of their duties. Authorizes appropriations. Expresses the sense of the Congress that: (1) all U.S. law enforcement personnel serving in Mexico should be accorded the same status as diplomatic and consular personnel serving at U.S. posts in Mexico; and (2) all Mexican narcotics law enforcement personnel serving in the United States should be accorded the same diplomatic and consular status as DEA personnel serving in Mexico. (Sec. 205) Authorizes appropriations for FY 1999 through 2001 for enhanced precursor chemical control projects. (Sec. 206) Requires any individual serving as an assistant secretary of any Federal agency or department who has primary responsibility for international narcotics control and law enforcement (including the principal deputy of any such assistant) to have substantial professional qualifications in the fields of management and Federal law enforcement, or intelligence. Declares that the DOD shall have sole responsibility in implementation and processing of counternarcotics foreign military sales requests (with the Department of State having a consultative role in such requests). (Sec. 207) Expresses the sense of the Congress that the responsiveness and effectiveness of Department of State international narcotics assistance activities have been hampered due, in part, to the lack of law enforcement expertise by responsible Department of State personnel. Requires the Director of National Drug Control Policy to report to the appropriate congressional committees on: (1) the responsiveness and effectiveness of such activities; and (2) the feasibility costs and steps needed to achieve a transfer of the Department of State's Bureau of International Narcotics and Law Enforcement Affairs to the DEA. Authorizes appropriations. Title III: Enhanced Alternative Crop Development Support in Source Zone - Authorizes appropriations for FY 1999 through 2001 for the U.S. Agency for International Development (AID) for certain alternative crop development programs in Colombia, Peru, and Bolivia. Title IV: Enhanced International Law Enforcement Training - Authorizes appropriations for FY 1999 through 2001 for the Department of Justice for the establishment and operation of international law enforcement academies to carry out law enforcement training activities in Latin America and the Caribbean, Thailand, and South Africa. (Sec. 401) Authorizes appropriations for FY 1999 through 2001 for the DOT and the Department of the Treasury for the joint establishment, operation, and maintenance in San Juan, Puerto Rico, of a center for training law enforcement personnel of countries located in Latin America and the Caribbean in matters relating to maritime law enforcement (including customs-related ports management matters). Authorizes appropriations for FY 1999 through 2001 for the DOT for the establishment, operation, and maintenance of maritime training vessels. (Sec. 402) Authorizes appropriations for FY 1999 through 2001 for the Department of Justice for: (1) substantial exchanges for Mexican judges, prosecutors, and police; and (2) enhanced support for the Brazilian Federal Police Training Center. Authorizes appropriations for FY 1999 through 2001 for the DOD for operation and maintenance, Defense-wide, for locating and operating Coast Guard and Navy assets so as to strengthen the capability of the Coast Guard of Panama to patrol the Atlantic and Pacific coasts for drug enforcement and interdiction activities. Makes members of the national police of Panama eligible to receive training through the International Military Education Training (IMET) program. Authorizes appropriations for FY 1999 through 2001 for the DOD for operation and maintenance, Defense-wide, for support for the Venezuelan Joint National Guard and Judicial Technical Police Counterdrug Intelligence Center. Authorizes appropriations for FY 1999 through 2001 for the DOT and the Department of the Treasury for the buildup of local coast guard and port control in: (1) Guayaquil and Esmeraldas, Ecuador; (2) Haiti and the Dominican Republic; and (3) Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua (Central America). (Sec. 403) Authorizes the DEA Administrator to transfer or lease a specified amount of nonlethal equipment to foreign law enforcement organizations for the purpose of establishing and carrying out cooperative illicit narcotics control activities. Title V: Enhanced Drug Transit and Source Zone Law Enforcement Operations and Equipment - Authorizes appropriations for FY 1999 through 2001 for the DEA, the DOT, the DOD, and the Department of the Treasury for enhancement of counternarcotics operations in drug transit and source countries. (Sec. 501) Authorizes appropriations for FY 1999 through 2001 for the Department of State for the deployment of commercial unclassified intelligence and imaging data and a Passive Coherent Location System for counternarcotics and interdiction purposes in the Western Hemisphere. (Sec. 502) Expresses the sense of the Congress that the Secretary of Defense should revise the DOD's Global Military Force Policy in order to: (1) treat the international drug interdiction and counter- drug activities of the DOD as a military operation other than war (thus elevating its priority to just below that for war); and (2) allocate DOD assets to drug interdiction and counter-drug activities in accordance with such priority. Title VI: Relationship to Other Laws - Declares that funds authorized to be appropriated for any Federal department or agency for FY 1999 through 2001 are in addition to funds authorized to be appropriated for that department or agency for those fiscal years by any other provision of law.

Bill· HRH.R. 4300 (105th)open

Western Hemisphere Drug Elimination Act

United States · United States Congress · 22 July 1998

TABLE OF CONTENTS: Title I: Enhanced Source and Transit Country Coverage Title II: Enhanced Eradication and Interdiction Strategy in Source Countries Title III: Enhanced Alterative Crop Development Support in Source Zone Title IV: Enhanced International Law Enforcement Training Title V: Enhanced Drug Transit and Source Zone Law Enforcement Operations and Equipment Title VI: Relationship to Other Laws Western Hemisphere Drug Elimination Act - Declares that it is U.S. policy to: (1) reduce the supply of drugs and drug use through an enhanced drug interdiction effort in the major drug transit countries and a comprehensive supply country eradication and crop substitution program, because a commitment of increased resources in international drug interdiction efforts will create a balanced national drug control strategy among demand reduction, law enforcement, and international drug interdiction efforts; and (2) support policies and dedicate the resources necessary to reduce the flow of illegal drugs into the United States by not less than 80 percent by December 31, 2001. Title I: Enhanced Source and Transit Country Coverage - Authorizes appropriations for FY 1999 through 2001 for the Department of the Treasury and the Department of Defense (DOD) for the enhancement of air coverage and operation for drug source and transit countries. (Sec. 102) Authorizes appropriations for FY 1999 through 2001 for the Department of Transportation (DOT) for the enhancement of U.S. Coast Guard maritime coverage and operation in drug source and transit countries. (Sec. 103) Authorizes appropriations for FY 1999 through 2001 for the DOD for the enhancement of radar coverage in drug source and transit countries. Title II: Enhanced Eradication and Interdiction Strategy in Source Countries - Authorizes appropriations for FY 1999 through 2001 for the Department of State and the DOD for the enhancement of drug- related eradication efforts in Colombia. (Sec. 202) Authorizes appropriations for FY 1999 through 2001 for: (1) the Department of State for the establishment of a third drug interdiction site at Puerto Maldonado, Peru, to support air bridge and riverine missions for enhancement of drug-related eradication efforts there; and (2) the DOD for operation and maintenance, Defense-wide, for enhancement of drug interdiction efforts in Peru for support of multinational riverine and small boat maintenance training programs in Iquitos, Peru. Directs the Secretary of Defense to study and report to the Congress on Peruvian counternarcotics air interdiction requirements. (Sec. 203) Authorizes appropriations for FY 1999 through 2001 for the Department of State for enhancement of drug-related eradication efforts in Bolivia. (Sec. 204) Directs the Secretary of State to purchase six Bell 212 high altitude helicopters designated for opium eradication programs in Mexican states of Guerrero, Jalisco, and Sinaloa, for enhancement of drug-related eradication efforts there. Makes this purchase mandate contingent on Mexico's agreement to approve full diplomatic immunity for Drug Enforcement Administration (DEA) personnel serving in Mexico with privileges granted to U.S. Government officials to carry weapons necessary for the performance of their duties. Authorizes appropriations. Expresses the sense of the Congress that: (1) all U.S. law enforcement personnel serving in Mexico should be accorded the same status as diplomatic and consular personnel serving at U.S. posts in Mexico; and (2) all Mexican narcotics law enforcement personnel serving in the United States should be accorded the same diplomatic and consular status as DEA personnel serving in Mexico. (Sec. 205) Authorizes appropriations for FY 1999 through 2001 for enhanced precursor chemical control projects. (Sec. 206) Requires any individual serving as an assistant secretary of any Federal agency or department who has primary responsibility for international narcotics control and law enforcement (including the principal deputy of any such assistant) to have substantial professional qualifications in the fields of management and Federal law enforcement, or intelligence. Declares that the DOD shall have sole responsibility in implementation and processing of counternarcotics foreign military sales requests (with the Department of State having a consultative role in such requests). (Sec. 207) Expresses the sense of the Congress that the responsiveness and effectiveness of Department of State international narcotics assistance activities have been hampered due, in part, to the lack of law enforcement expertise by responsible Department of State personnel. Requires the Director of National Drug Control Policy to report to the appropriate congressional committees on: (1) the responsiveness and effectiveness of such activities; and (2) the feasibility costs and steps needed to achieve a transfer of the Department of State's Bureau of International Narcotics and Law Enforcement Affairs to the DEA. Authorizes appropriations. Title III: Enhanced Alternative Crop Development Support in Source Zone - Authorizes appropriations for FY 1999 through 2001 for the U.S. Agency for International Development (AID) for certain alternative crop development programs in Colombia, Peru, and Bolivia. Title IV: Enhanced International Law Enforcement Training - Authorizes appropriations for FY 1999 through 2001 for the Department of Justice for the establishment and operation of international law enforcement academies to carry out law enforcement training activities in Latin America and the Caribbean, Thailand, and South Africa. (Sec. 401) Authorizes appropriations for FY 1999 through 2001 for the DOT and the Department of the Treasury for the joint establishment, operation, and maintenance in San Juan, Puerto Rico, of a center for training law enforcement personnel of countries located in Latin America and the Caribbean in matters relating to maritime law enforcement (including customs-related ports management matters). Authorizes appropriations for FY 1999 through 2001 for the DOT for the establishment, operation, and maintenance of maritime training vessels. (Sec. 402) Authorizes appropriations for FY 1999 through 2001 for the Department of Justice for: (1) substantial exchanges for Mexican judges, prosecutors, and police; and (2) enhanced support for the Brazilian Federal Police Training Center. Authorizes appropriations for FY 1999 through 2001 for the DOD for operation and maintenance, Defense-wide, for locating and operating Coast Guard and Navy assets so as to strengthen the capability of the Coast Guard of Panama to patrol the Atlantic and Pacific coasts for drug enforcement and interdiction activities. Makes members of the national police of Panama eligible to receive training through the International Military Education Training (IMET) program. Authorizes appropriations for FY 1999 through 2001 for the DOD for operation and maintenance, Defense-wide, for support for the Venezuelan Joint National Guard and Judicial Technical Police Counterdrug Intelligence Center. Authorizes appropriations for FY 1999 through 2001 for the DOT and the Department of the Treasury for the buildup of local coast guard and port control in: (1) Guayaquil and Esmeraldas, Ecuador; (2) Haiti and the Dominican Republic; and (3) Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua (Central America). (Sec. 403) Authorizes the DEA Administrator to transfer or lease a specified amount of nonlethal equipment to foreign law enforcement organizations for the purpose of establishing and carrying out cooperative illicit narcotics control activities. Title V: Enhanced Drug Transit and Source Zone Law Enforcement Operations and Equipment - Authorizes appropriations for FY 1999 through 2001 for the DEA, the DOT, the DOD, and the Department of the Treasury for enhancement of counternarcotics operations in drug transit and source countries. (Sec. 501) Authorizes appropriations for FY 1999 through 2001 for the Department of State for the deployment of commercial unclassified intelligence and imaging data and a Passive Coherent Location System for counternarcotics and interdiction purposes in the Western Hemisphere. (Sec. 502) Expresses the sense of the Congress that the Secretary of Defense should revise the DOD's Global Military Force Policy in order to: (1) treat the international drug interdiction and counter- drug activities of the DOD as a military operation other than war (thus elevating its priority to just below that for war); and (2) allocate DOD assets to drug interdiction and counter-drug activities in accordance with such priority. Title VI: Relationship to Other Laws - Declares that funds authorized to be appropriated for any Federal department or agency for FY 1999 through 2001 are in addition to funds authorized to be appropriated for that department or agency for those fiscal years by any other provision of law.

Bill· HRH.R. 4305 (105th)referred

To amend the Communications Act of 1934 to require telephone carriers to completely and accurately itemize charges and taxes collected with telephone bills.

United States · United States Congress · 22 July 1998

Amends the Communications Act of 1934 to direct the Federal Communications Commission to prescribe regulations to require telecommunications carriers to provide to their customers a complete and accurate itemization of all charges, fees, and taxes collected with any bill for telephone toll or exchange service, including the amount collected for contributions for Federal and State support of universal service.

Bill· HRH.R. 4298 (105th)referred

College Savings Protection Act of 1998

United States · United States Congress · 22 July 1998

College Savings Protection Act of 1998 - Amends the Internal Revenue Code to revise provisions concerning distributions from State tuition programs to: (1) provide for the exclusion from income of distributions used exclusively for qualified higher education expenses; and (2) include the expenses of room and board in the definition of qualified higher education expenses.

Bill· HRH.R. 4301 (105th)referred

Community Forestry and Agriculture Conservation Act of 1998

United States · United States Congress · 22 July 1998

Community Forestry and Agriculture Conservation Act of 1998 - Amends the Internal Revenue Code to treat a bond issued to acquire renewable resources on land subject to a conservation easement as a tax-exempt (qualified 501(c)(3)) bond if the revenues from such resources' use or sale are used in a manner consistent with the charitable purpose of the issuer although not used as otherwise required.

Bill· SS. 2334 (105th)open

International Monetary Fund Appropriations Act of 1998

United States · United States Congress · 21 July 1998

TABLE OF CONTENTS: Title I: Export and Investment Assistance Title II: Bilateral Economic Assistance Title III: Military Assistance Title IV: Multilateral Economic Assistance Title V: General Provisions Title VI: Multilateral Economic Assistance Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1999 - Title I: Export and Investment Assistance - Makes appropriations for FY 1999 for: (1) direct loans, loan guarantees, tied-aid grants, insurance, and administrative expenses under Export-Import Bank programs (with a bar on such assistance for enterprises or programs in the New Independent States (of the former Soviet Union) which are majority-owned or -managed by state entities); (2) Overseas Private Investment Corporation (OPIC) direct and guaranteed loans and administrative expenses (limiting the availability of certain funds until OPIC reports to the Committees on Appropriations on measures taken to establish sector specific investment funds, including regional investment initiatives in Georgia, Armenia, and Azerbaijan through the Caucasus Fund); and (3) the Trade and Development Agency. Title II: Bilateral Economic Assistance - Makes appropriations for FY 1999 for: (1) expenses of the President in carrying out certain programs under the Foreign Assistance Act of 1961; (2) the Agency for International Development (AID) for specified development assistance (earmarking up to certain amounts for the Inter-American Foundation and the African Development Foundation); (3) specified projects aimed at reunification of Cyprus; (4) democracy and humanitarian activities in Burma; (5) economic assistance and development assistance for Indonesia; (6) economic assistance and development assistance for research, conservation, training and related activities for the Province of the Galapagos Islands, Ecuador (Mitch McConnell Conservation Fund); (7) international disaster assistance; (8) Department of the Treasury international affairs technical assistance activities; (9) debt restructuring; (10) micro and small enterprise development programs; (11) the urban and environmental credit program account; (12) private and voluntary organizations that receive 20 percent or more of their funding from non-Federal sources; (13) the Foreign Service Retirement and Disability Fund; (14) operating expenses of AID and the AID Office of Inspector General; (15) Economic Support Fund (ESF) assistance (earmarking amounts for Israel, Egypt, and Jordan, and victims of and programs related to the Holocaust); (16) economic assistance for Eastern Europe and the Baltic States (earmarking amounts for Bosnia and Herzegovina, subject to specified conditions); (17) assistance for the New Independent States of the former Soviet Union (earmarking amounts for the Ukraine, with certain conditions, Georgia, Armenia, and Mongolia); (18) the Peace Corps (but no funds for abortions); (19) international narcotics control (earmarking amounts for Law Enforcement Training and Demand Reduction and for the operation of the International Law Enforcement Academy for the Western Hemisphere at the deBremmond Training Center in Roswell, New Mexico); (20) migration and refugee assistance (earmarking amounts for refugees from the former Soviet Union and Eastern Europe and other refugees resettling in Israel); (21) the Emergency Refugee and Migration Assistance Fund; and (22) nonproliferation, anti-terrorism, demining and related programs and activities (specifying conditions on funds for the Korean Peninsula Energy Development Organization (KEDO)). Bars the use of development assistance funds for: (1) coercive abortions or involuntary sterilizations; and (2) U.S. private and voluntary organizations which obtain less than 20 percent of annual funding from sources other than the U.S. Government. Bars the use of funds for activities and programs for Cambodia until the Secretary of State determines and reports to the Committees on Appropriations that Cambodia has held free and fair elections. Prohibits the availability of funds to: (1) Azerbaijan until the President reports to the Congress that it is taking steps to cease all blockades and other offensive uses of force against Armenia and Nagorno-Karabakh; and (2) Russia unless the President certifies to the Committees on Appropriations that it has terminated arrangements to provide Iran with technology to develop a nuclear program, or ballistic missiles. Title III: Military Assistance - Makes appropriations for FY 1999 for: (1) international military education and training assistance (IMET) (with conditions on the use of funds by Guatemala); (2) foreign military financing and direct loans (earmarking amounts for Israel, Egypt, Jordan, Estonia, Latvia, Lithuania, Tunisia, and Poland, Hungary, and the Czech Republic (for integration into the North Atlantic Treaty Organization (NATO)); and (3) international peacekeeping operations (subject to obligation only through the notification procedures of the Committees on Appropriations). Prohibits foreign military financing for Sudan, Liberia, and Guatemala. Title IV: Multilateral Economic Assistance - Makes appropriations for FY 1999 for the U.S. contribution to the: (1) International Development Association; (2) Inter-American Development Bank; (3) Asian Development Bank; and (4) European Bank for Reconstruction and Development. Makes appropriations for FY 1999 for international programs and organizations. Sets certain restrictions on international organization funding, including prohibiting the use of funds for the United Nations Fund for Science and Technology. Prohibits the use of funds for the KEDO or the International Atomic Energy Agency (IAEA). Title V: General Provisions - Sets forth limits on the use of appropriations, including no more than specified maximums for official residence expenses, entertainment expenses, and representation allowances for AID, and for entertainment and representation allowances for the Inter-American Foundation and the Trade and Development Agency. Limits the use of funds for entertainment expenses of the Peace Corps, or under IMET. (Sec. 502) Prohibits the use of funds for: (1) bilateral funding of international financial institutions; (2) the export of nuclear equipment, fuel, or technology (except for nuclear safety purposes); (3) direct assistance or reparations to Cuba, Iraq, Libya, North Korea, Iran, Sudan, or Syria; (4) assistance to any country whose duly elected head of government is deposed by military coup or decree; (5) certain transfers between appropriations accounts without presidential consultation with the Congress; (6) assistance to any country in default in excess of a year on payments on a U.S. loan (except for Nicaragua and narcotics-related assistance for Colombia, Bolivia, and Peru); and (7) assistance for certain commodities likely to be in surplus on world markets if it will cause substantial injury to U.S. producers of a similar commodity. (Sec. 514) Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of specified international financial institutions to oppose any assistance for the production or extraction of any commodity or mineral for export if it is in surplus on world markets and such assistance will cause substantial injury to U.S. producers of a similar commodity. (Sec. 516) Prohibits the availability of international organization funds, at the President's discretion, for certain Communist countries. (Sec. 517) Declares it is U.S. policy that appropriations for ESF funds allocated to Israel shall not be less than the annual debt repayment from Israel to the United States. (Sec. 518) Prohibits the use of development assistance funds for abortions or involuntary sterilizations as methods of family planning or to motivate or coerce any person to practice abortions, or provide any financial incentive to undergo sterilization. (Sec. 519) Declares that nongovernmental and multilateral organizations shall not be subjected to requirements more restrictive than requirements for foreign governments in determining eligibility for population planning assistance. (Sec. 520) Directs the President to report to the appropriate congressional committees on the cultivation, production, and transshipment of opium by North Korea (and annually thereafter as part of the International Narcotics Control Strategy Report under the Foreign Assistance Act of 1961). (Sec. 521) Prohibits the use of funds for Colombia, India, Haiti, Liberia, Pakistan, Serbia, Sudan, or the Democratic Republic of Congo, except through the regular notification procedures of the Committees on Appropriations. (Sec. 523) Makes funds available to AID for family planning, health, child survival, and basic education and AIDS research and control in developing countries. (Sec. 524) Bars funding for indirect assistance to Cuba, Iraq, Libya, Iran, Syria, North Korea, or China unless the President certifies that the withholding of such funds is contrary to U.S. national security interests. (Sec. 525) Amends the Arms Export Control Act to extend the President's waiver authority with respect to reciprocal leasing through the current year. (Sec. 526) Requires the Department of Defense (DOD) to notify the Committees on Appropriations before providing excess DOD articles to certain NATO and major non-NATO countries. (Sec. 528) Prohibits bilateral assistance funds to any country which the President determines grants sanctuary from prosecution to any individual or group which has committed an act of international terrorism or otherwise supports such activities. Authorizes a waiver by the President for national security and humanitarian reasons, requiring notification to the Committees on Appropriations. (Sec. 529) Authorizes the commercial leasing of defense articles (instead of government-to-government sale) to Israel, Egypt, NATO, and major non-NATO allies if the President determines that there are compelling foreign policy or national security reasons. (Sec. 530) Requires all AID contracts and subcontracts to include a clause requiring that U.S. insurance companies have a fair opportunity to bid when insurance is necessary or appropriate. (Sec. 531) Prohibits U.S. sale of Stinger missiles in the Persian Gulf region, with certain exceptions. (Sec. 532) Authorizes nongovernmental organizations which are AID grantees or contractors to place funds made available to them under this Act in interest bearing accounts in order to enhance their participation in economic activities under the Foreign Assistance Act of 1961, including endowments and debt-for-development and debt-for-nature exchanges. (Sec. 535) Bars assistance to any country that is not in compliance with the United Nations (UN) sanctions against Iraq, unless the President certifies to the Congress that such assistance: (1) is in the national interest; (2) will directly benefit the needy people in that country; or (3) will be humanitarian assistance for foreign nationals who have fled Iraq and Kuwait. (Sec. 537) Declares that provisions under this or any other Act authorizing appropriations for foreign operations or export financing shall not be construed to prohibit activities authorized by the Peace Corps Act, the Inter-American Foundation Act, or the African Development Foundation Act. (Sec. 538) Prohibits the use of funds to provide: (1) any financial incentive to induce a business to relocate outside the United States if it will reduce the number of employees in the United States; (2) assistance for establishing or developing in a foreign country an export processing zone or other designated area in which a country's tax, tariff, labor, environment, and safety laws do not apply to activities in the area, unless the President certifies that such assistance is not likely to cause a loss of U.S. jobs; or (3) assistance for any project that contributes to the violation of internationally recognized workers rights in the recipient country. (Sec. 539) Declares that no sanction, prohibition, or restriction against Serbia or Montenegro shall cease to be effective, unless the President certifies to the Congress there is substantial progress toward self-determination in Kosova and substantial improvement in the human rights situation there. (Sec. 540) Declares that funds appropriated under this Act for Afghanistan, Lebanon, and for victims of war, displaced children, displaced Burmese, humanitarian assistance for Romania, and humanitarian assistance for the peoples of Kosova, may be made available notwithstanding any other provision of law. Authorizes the use of foreign assistance funds to support tropical forestry and biodiversity conservation activities. Authorizes AID to employ personal services contractors to administer programs for the West Bank and Gaza. (Sec. 541) Expresses the sense of the Congress with respect to: (1) immediate public renunciation by Arab League countries of the boycott of Israel and American firms having commercial ties with Israel; and (2) steps the President should take to encourage such renunciation. (Sec. 542) Authorizes the use of ESF funds to strengthen the administration of justice in countries in Latin America, the Caribbean, and in other regions. (Sec. 543) Declares that restrictions on assistance to foreign countries contained in this Act or any other Act (except those relating to international terrorism or human rights violations) shall not be construed to restrict assistance: (1) in support of certain programs of nongovernmental organizations; or (2) under the Agricultural Trade Development and Assistance Act of 1954. (Sec. 544) Authorizes the reprogramming of earmarked appropriations for other programs within the same account, provided certain requirements are met. (Sec. 546) Prohibits the use of funds for publicity or propaganda purposes within the United States that were not authorized before the enactment of this Act. (Sec. 547) Declares that, to the maximum extent possible, assistance provided under this Act should make full use of American resources, including commodities, products, and services. Expresses the sense of the Congress that, to the greatest extent practicable, all equipment and products purchased with funds under this Act should be American-made. Requires Federal agency heads, in providing financial assistance to or entering into any contract with any entity using funds made available in this Act, to notify such entity of this intention. (Sec. 548) Prohibits the use of funds to pay any assessments, arrearages, or dues of any UN member. (Sec. 550) Prohibits the provision of funds to a private voluntary organization that fails to provide any document, file, or record necessary to the auditing requirements of AID. (Sec. 551) Prohibits the provision of funds to any foreign government that provides lethal military equipment to a country determined to have a terrorist government, unless it is in the U.S. national interest. (Sec. 552) Withholds assistance to a foreign country in an amount equal to 110 percent of the total unpaid parking fines and penalties owed by the country to the District of Columbia. (Sec. 553) Prohibits the obligation of any appropriations for the Palestine Liberation Organization (PLO) for the West Bank and Gaza unless the President has exercised certain authorities to suspend prohibitions on assistance to the PLO. (Sec. 554) Permits the President to provide up to a specified amount of commodities and services to the UN War Crimes Tribunal if doing so will contribute to a just resolution of charges regarding genocide or other violations of international law in the former Yugoslavia. (Sec. 555) Declares it is the policy of the U.S.Government to sign the Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Anti-Personnel Mines and on Their Destruction as soon as practicable. Authorizes disposal on a grant basis in foreign countries of demining equipment used in support of the clearing of land mines and unexploded ordnance for humanitarian purposes. (Sec. 556) Prohibits the obligation of appropriations to create in Jerusalem a new U.S. agency office for the purpose of conducting U.S. business with the Palestinian Authority over Gaza and Jericho (or any successor Palestinian governing entity) provided for in the Israel-PLO Declaration of Principles. (Sec. 557) Prohibits the obligation of certain funds appropriated for Informational Program activities to pay for: (1) alcoholic beverages; (2) food (other than food provided at a military installation) not provided in conjunction with Informational Program trips where students do not stay at a military installation; or (3) entertainment expenses for recreational activities. (Sec. 558) Authorizes the President to reduce amounts owed to the United States by eligible countries as a result of: (1) housing guarantees made under the Foreign Assistance Act of 1961; or (2) credits extended or guarantees issued under the Arms Export Control Act. Allows exercise of such debt reduction authority only with respect to countries with heavy debt burdens that are eligible to borrow from the International Development Association but not from the International Bank for Reconstruction and Development (IDA-only countries). Specifies further conditions on the exercise of such authority. (Sec. 559) Authorizes the President to engage in certain debt buybacks or sales. Authorizes sale, reduction, or cancellation of certain loans to foreign governments, upon receipt of payment from an eligible purchaser that plans to use such loans only for the purposes of engaging in debt-for-equity swaps, debt-for-development swaps, or debt-for-nature swaps. Limits such authority to funds appropriated by this Act under the heading of debt restructuring. (Sec. 560) Prohibits provision to the Government of Haiti of any funds appropriated by this Act until the President reports to specified congressional committees that such Government: (1) has completed privatization of (or placed under long-term private management or concession) three major public entities; (2) has re- signed the bilateral Repatriation Agreement with the United States (and that in the six months preceding such report it has been cooperating with the United States in halting illegal emigration from Haiti); (3) is conducting thorough investigations of extrajudicial and political killings; (4) is cooperating with U.S. authorities in such investigations; (5) has taken action to remove from the Haitian National Police, national palace and residential guard, ministerial guard, and any other public security entity individuals who have committed human rights violations; and (6) has ratified in the Haitian National Assembly the counter-narcotics agreements signed in October 1997. Makes such prohibition inapplicable to humanitarian or counter narcotics assistance, or support for the Haitian National Police's Special Investigations Unit, the International Criminal Investigative Assistance Program (ICITAP), or anti-corruption programs for the Haitian National Police. Authorizes the availability of appropriations to support elections in Haiti when the President reports to the Congress that the Government of Haiti: (1) has achieved a transparent settlement of the contested April 1997 elections; and (2) has made progress on the constitution of a provisional election council with the agreement of a broad spectrum of political parties, alliances and party conferences, not to be limited to factions of the Lavalas movement. Authorizes appropriations for the development and support of political parties in Haiti. Authorizes the President to waive the requirements under this section on a semiannual basis upon determination and certification to the appropriate congressional committees that it is in the U.S. national interest. (Sec. 561) Requires a specified annual report of the Secretary of State containing the voting record of each foreign member country of the UN to include a side-by-side comparison of each country's overall support for the United States at the UN and the amount of U.S. assistance provided to it in FY 1998. (Sec. 562) Requires the Secretary of Labor to report to the Committees on Appropriations on labor practices in Burma. (Sec. 563) Makes the Government of Haiti eligible to purchase U.S. defense articles and services for the civilian-led Haitian National Police and Coast Guard. (Sec. 564) Prohibits the use of funds to the security forces of a foreign country if the Secretary of State believes they have committed gross violations of human rights, unless the Secretary reports to the Committees on Appropriations that such country is taking steps to bring the responsible persons to justice. (Sec. 565) Requires U.S. opposition to loans to the Government of Cambodia by international financial institutions unless: (1) Cambodia has held free and fair elections; (2) during the 12 months before such elections, no candidate of any opposition party was murdered; (3) all political candidates were permitted freedom of speech, assembly, and equal access to the media; (4) voter registration and participation rates did not exceed the eligible population in any region; (5) refugees and overseas Cambodians were permitted to vote; (6) the Central Election Commission was composed of representatives from all parties; and (7) international monitors were accorded appropriate access to polling sites. (Sec. 566) Requires that any agreement between the United States and the Government of Indonesia for the sale of lethal weapons shall state that such items will not be used in East Timor. (Sec. 567) Prohibits the United States from paying any voluntary or assessed contributions to the UN, including the UN Development Program, unless the President certifies to the Congress 15 days in advance of such payment that the UN is not engaged in any efforts to implement or impose any taxation on U.S. persons in order to raise revenue. (Sec. 568) Requires bilateral and multilateral assistance sanctions (except with respect to certain humanitarian, democratization, and related assistance) against countries harboring war criminals indicted with respect to the former Yugoslavia. Prohibits assistance for any project in which an indicted war criminal is known to have any financial or material interest. Provides a waiver of such prohibitions if the Secretary of State provides a determination to specified congressional committees that such assistance directly supports the implementation of the Dayton Agreement and its Annexes, which include the obligation to apprehend and transfer indicted war criminals to the International Criminal Tribunal for the Former Yugoslavia. Provides a limited waiver of such prohibitions with respect to any project of assistance for Brcko and Banja Luka if certain conditions are met. (Sec. 569) Authorizes for FY 1998 and 1999 the use of DOD funds for crating, packing, handling, and transportation of excess defense articles to countries that are eligible to participate in the Partnership for Peace and that are eligible for assistance under the Support for East European Democracy (SEED) Act of 1989. (Sec. 570) Makes funds available for FY 1999 for defense article stockpiles in foreign countries, including the Republic of Korea and Thailand. (Sec. 571) Prohibits the use of funds for the Government of the Russian Federation unless the President certifies to specified congressional committees that the Federation has not enacted laws or promulgated executive orders that discriminate against religious minorities in violation of international agreements on human rights and religious freedoms to which it is a party. (Sec. 572) Directs the President to provide: (1) to the Congress an account of all Federal agency obligations and expenditures for climate change programs and activities (domestic and international) for FY 1998 and 1999; and (2) any plan for programs thereafter in the context of negotiations to amend the Framework Convention on Climate Change (FCCC) in conjunction with the submission of the Budget of the U.S. Government for FY 2000. (Sec. 573) Directs the President to withhold a specified amount of foreign assistance funds (except development or humanitarian assistance) from countries that violate any UN sanction against Libya. (Sec. 574) Bars funds to the Government of the Democratic Republic of Congo until the President reports to the Congress that it is cooperating fully with investigators from the UN or any other international relief organizations in accounting for human rights violations committed there or in adjacent countries. (Sec. 576) Prohibits assistance for a Government of the New Independent States of the former Soviet Union unless it is making progress in implementing comprehensive economic reforms based on market principles, private ownership, respect for commercial contracts, and equitable treatment of foreign private investment. Prohibits assistance to such a Government, furthermore, if it: (1) applies or transfers U.S. assistance to any entity for the purpose of expropriating or seizing ownership or control of assets, investments, or ventures; or (2) directs any action in violation of the sovereignty of any other new independent state. Prohibits any assistance to enhance such a Government's military capability. Prohibits assistance to Russia until the Secretary of State certifies that agreement has been reached with it that such assistance is not taxed nor is subject to taxation. (Sec. 577) Amends the Foreign Assistance Act of 1961 to require the publication in the Federal Register of each required notice to the Congress of the transfer of certain excess defense articles to a foreign country. Requires the publication of only a statement that the Congress has been so notified in cases where the President concludes publication would be harmful to the national security of the United States. (Sec. 579) Requires the inclusion of specified additional information in a mandatory annual report by the Chairman of the National Advisory Council on International Monetary and Financial Policies regarding U.S. participation in international financial institutions. (Sec. 580) Prohibits the obligation of funds to the Palestinian Authority, subject to waiver on the grounds of U.S. national security interests. Title VI: Multilateral Economic Assistance - International Monetary Fund Appropriations Act of 1998 - Makes supplemental appropriations for FY 1998 for the U.S. contribution to: (1) the International Bank for Reconstruction and Development (World Bank); (2) the Inter-American Development Bank; (3) the Enterprise for the Americas Multilateral Investment Fund; and (4) the Asian Development Fund. Makes supplemental appropriations for FY 1998 for: (1) loans to the International Monetary Fund (IMF) under the New Arrangements to Borrow (equivalent to a specified amount of Special Drawing Rights); and (2) an increase in the U.S. IMF quota of Special Drawing Rights. Authorizes the use for the New Arrangements to Borrow of a specified amount of previously appropriated IMF Special Drawing Rights for the General Arrangements to Borrow. (Sec. 601) Prohibits funds appropriated for the U.S. IMF quota from being obligated, transferred, or made available to the IMF until 30 days after the Secretary of the Treasury certifies, to the appropriate congressional committees, that the major IMF shareholders, including the United States, Japan, the Federal Republic of Germany, France, Italy, the United Kingdom, and Canada have agreed to, and will seek to implement in the IMF, policies that provide for conditions in stand-by agreements or other arrangements regarding the use of IMF resources, requiring that the recipient country: (1) liberalize restrictions on trade in goods and services and on investment, at a minimum consistent with the terms of all international trade obligations and agreements; and (2) eliminate the practice or policy of government directed lending on non-commercial terms or provision of market distorting subsidies to favored industries, enterprises, parties, or institutions. Directs the United States to exert its influence with the IMF and its members to encourage it to include as part of its conditions of stand-by agreements or other uses of the IMF's resources that the recipient country take action to remove discriminatory treatment between foreign and domestic creditors in its debt resolution proceedings. Directs the United States to exert its influence with the IMF and its members to encourage it to include as part of its conditions of assistance that the recipient country take action to adopt modern insolvency (bankruptcy) laws that meet specified goals. (Sec. 602) Directs the Secretary of the Treasury to certify to the appropriate congressional committees that the IMF Board has agreed to provide timely access (transparency) by the Comptroller General to information and documents relating to IMF operations, program and policy reviews, and decisions regarding stand-by agreements and other uses of its resources. Requires the Secretary of the Treasury to direct, and the IMF U.S. Executive Director to agree, to provide access by the Comptroller General to IMF documents, information, and operations. (Sec. 603) Directs the President to establish an International Financial Institution Advisory Commission, which shall report to the appropriate congressional committees on the future role and responsibilities, if any, of the IMF and the merit, costs and related implications of consolidation of the organization, management, and activities of the IMF, the World Bank, and the World Trade Organization (WTO). (Sec. 604) Directs the President to call for a Bretton Woods Conference of representatives of the member countries of the IMF, the World Bank, and the WTO to consider their structure, management and activities, their possible merger, and their capacity to contribute to exchange rate stability and economic growth and to respond effectively to financial crises. (Sec. 605) Requires the Secretary of the Treasury, following extension of a stand-by agreement or other uses of resources by the IMF, to report to the appropriate congressional committees specified information about: (1) borrower's rules and regulations; (2) the burden shared by private sector investors and creditors, including commercial banks in the Group of Seven Nations, in the losses which have prompted the use of IMF resources; (3) IMF strategy, plan and timetable for completing the borrower's payback of IMF resources; and (4) the status of efforts to upgrade the borrower's national standards to meet the Basle Committee's Core Principles for Effective Banking Supervision. (Sec. 606) Directs the Secretary of the Treasury, before the release of IMF funds to a borrower country, to certify to the appropriate congressional committees that certain conditions have been met, including: (1) no IMF resources have resulted in support to the semiconductor, steel, automobile, or textile and apparel industries; (2) the IMF has not guaranteed or underwritten the private loans of such industries; and (3) IMF and Department of the Treasury officials have monitored the implementation of stabilization programs in effect after July 1, 1997, and all of the conditions have either been met, or the recipient government has committed itself to fulfill these conditions according to an approved timetable for completion. Requires that such certifications be made 14 days before any IMF resources are disbursed to the borrower. Directs the Secretary of the Treasury to instruct the U.S. Executive Director of the IMF to use his or her voice to oppose disbursement of further funds if such certification is not given. Directs the Secretary of Commerce to establish a team of Department of Commerce employees to: (1) collect data on import volumes and prices, and statistics in certain industries; (2) monitor the effect of the Asian economic crisis on such industries; (3) collect accounting data from Asian producers; and (4) work to prevent import surges in such industries or to assist U.S. industries affected by such surges in their efforts to protect themselves under U.S. trade laws. (Sec. 607) Directs the Secretary of the Treasury to instruct the U.S. Executive Director of the IMF to use the U.S. vote to: (1) prevent the extension of IMF resources directly to or for the direct benefit of the President of Indonesia or any member of the President's family; and (2) oppose further disbursement of funds to Indonesia on any IMF terms or conditions less stringent than those imposed on the Republic of Korea and the Philippines Republic. (Sec. 608) Directs the Secretary of the Treasury to instruct the U.S. Executive Director of the IMF to use the U.S. vote to vigorously promote policies to encourage the opening of markets for agricultural commodities and products by requiring recipient countries to make efforts to reduce trade barriers. (Sec. 609) Directs the Secretary of the Treasury to establish an IMF Advisory Committee to meet with him or her to review and provide advice on the extent to which individual IMF country programs meet certain requisite policy goals. (Sec. 610) Directs the Secretary of the Treasury to consult with the office of the U.S. Trade Representative before instructing the U.S. Executive Director of the IMF on the U.S. position regarding loans or credits to prospective IMF borrower countries.

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