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Omnibus Budget Reconciliation Act of 1987

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(Redirected from Revenue Act of 1987)
Omnibus Budget Reconciliation Act of 1987
Great Seal of the United States
Long titleA bill to provide for reconciliation pursuant to section 4 of the concurrent resolution on the budget for the fiscal year 1988.
Acronyms (colloquial)OBRA-87
Enacted bythe 100th United States Congress
Citations
Public law100–203
Statutes at Large101 Stat. 1330 thru 101 Stat. 1339
Legislative history
  • Introduced in the House as the "Budget Reconciliation Act of 1987" (H.R. 3545) by William H. Gray III (DPA) on October 26, 1987
  • Committee consideration by Budget
  • Passed the House on October 29, 1987 (206–205)
  • Passed the Senate on December 11, 1987 (Voice)
  • Reported by the joint conference committee on December 21, 1987; agreed to by the House on December 21, 1987 (237–181) and by the Senate on December 22, 1987 (61-28)
  • Signed into law by President Ronald Reagan on December 22, 1987

The Omnibus Budget Reconciliation Act of 1987 (or OBRA-87[1]) was a federal law that was enacted by the 100th United States Congress and signed into law by President Ronald Reagan. It includes (among other things) the Nursing Home Reform Act.

Specifics

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  • Subtitle A: Adjustments to Agricultural Commodity Programs
  • Subtitle B: Optional Acreage Diversion
  • Subtitle C: Farm Program Payments
  • Subtitle D: Rural Electrification Administration Programs
  • Subtitle E: Miscellaneous

Title II: National Economic Commission

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Title III: Education Programs

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  • Subtitle A: Guaranteed Student Loan Program Savings
  • Subtitle B: Sale of College Facilities and Housing Loans
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  • Subtitle A: Medicare
  • Subtitle B: Medicaid
  • Subtitle C: Nursing Home Reform
  • Subtitle D: Vaccine Compensation
  • Subtitle E: Rural Health

Title V:Energy and Environment Programs

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  • Subtitle A: Nuclear Waste Amendments
  • Subtitle B: Federal Onshore Oil and Gas Leasing Reform Act of 1987
  • Subtitle C: Land and Water Conservation Fund and Tongass Timber Supply Fund
  • Subtitle D: Reclamation
  • Subtitle E: Panama Canal
  • Subtitle F: Abandoned Mine Funds in Wyoming
  • Subtitle G: Nuclear Regulatory Commission User Fees

Title VI: Civil Service and Service Programs

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Title VII: Veterans Programs

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Title VIII: Budget Policy and Fiscal Procedures

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Title X: Revenue Provisions

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Legislative history

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The bill was introduced in the House on October 26, 1987. It was passed in the House on October 29, 1987, and passed in the Senate on December 11, 1987. President Reagan signed the bill into public law on December 22, 1987.

References

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  1. ^ Pub. L. 100–203, 101 Stat. 1330, enacted December 22, 1987.
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