Industrial Adjustment Act of 1979
Latest action. Referred to Senate Committee on Banking, Housing and Urban Affairs.
Industrial Adjustment Act of 1979 - Declares that the purpose of this Act is to enable the Federal Government to facilitate the movement of labor and capital into innovative, expanding, and employment-generating sectors of the economy in a manner which will contribute to the economic and social well-being of the United States. Empowers the President, during a threat of an economic emergency, to direct the Secretary of Commerce acting through the Economic Development Administration to carry out industrial adjustment assistance in accordance with the purpose of this Act. Authorizes such assistance in the form of direct grants to workers for relocation, retraining, rent and mortgage payments, and for other purposes. Authorizes assistance to businesses in the form of guaranteed loans, direct loans, and interest subsidies. Limits the amount of assistance any one business may receive to $500,000,000. Makes such assistance available to workers and businesses without regard to specified limitations on the Secretary's authority provided by law. Authorizes up to $1,500,000,000 in loan guarantees of principal in fiscal year 1980 subject to limitations in appropriations Acts.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in Senate" stage on November 20, 1979. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on November 20, 1979: Referred to Senate Committee on Banking, Housing and Urban Affairs.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the Senate
- Passage by the House
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
ADLAI STEVENSON (D-IL) introduced it on November 20, 1979. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on November 20, 1979, 17096 days ago. The most recent recorded action was 17096 days ago, on November 20, 1979.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- SenateIn committee, no floor vote yet
- HouseAwaits Senate passage
- PresidentAwaits both chambers