Intergovernmental Antirecession and Supplementary Fiscal Assistance Amendments of 1979

[AI summary unavailable — showing source text] Intergovernmental Antirecession and Supplementary Fiscal Assistance Amendments of 1979 - Amends the Public Works Employment Act of 1976 to add to the congressional findings under such Act that both an antirecession fiscal assistance program and a supplementary fiscal assistance program which aid governments requiring fiscal relief are essential elements of a sound Federal fiscal policy. Extends the authorization of appropriations for antirecession fiscal assistance through September 30, 1980. Provides for the suspension of such assistance in certain circumstances if the unemployment rate does not exceed six percent. Requires the Secretary of Labor to calculate the unemployment rate for specified units of local governments, within or encompassing standard metropolitan statistical areas, using the population survey methodology used prior to January 1, 1978, if such rates are higher then under the current methodology. Requires the Secretary of Commerce to reallocate any undistributed excess amounts among the States and local governments. Repeals the requirement that States and local governments file statements with the Secretary containing certain reporting assurances. Authorizes the …