Intergovernmental Fiscal Assistance Amendments of 1979

[AI summary unavailable — showing source text] Intergovernmental Fiscal Assistance Amendments of 1979 - Amends the Public Works Employment Act of 1976 to authorize the Secretary of the Treasury, through a targeted fiscal assistance program, to make annual payments for fiscal years 1979 and 1980 to local governments with local unemployment rates at or above six percent. Authorizes appropriations for such purpose. Sets forth formulas and procedures for allocations to local governments under such program. Directs the Secretary of Labor to determine or assign unemployment rates necessary to the Secretary of the Treasury's administration of all the antirecession provisions of such Act. Directs the Secretary of Labor, the Director of the Bureau of the Census, and the Director of the Office of Personnel Management to provide other necessary information. Sets forth formulas and procedures for allocations to the governments of Puerto Rico, Guam, American Samoa, and the Virgin Islands under both the targeted fiscal assistance and the antirecession fiscal assistance programs. Authorizes the Secretary of the Treasury, through an antirecession fiscal assistance program, to make payments to territorial governments and to State and local gove…