Full Employment Act of 1982

[AI summary unavailable — showing source text] Full Employment Act of 1982 - Title I: Acceleration in Individual Income Tax Rate Reductions - Amends the Internal Revenue Code to provide that the individual income tax rate reductions for 1982 enacted by the Economic Recovery Tax Act of 1981 shall take effect three months sooner than scheduled. Title II: Equity Energy Reserve - Authorizes appropriations from the Energy Security Reserve for housing assistance. Provides for the establishment of the "Energy Equity Reserve" to hold and distribute such funds. Title III: Trade and Investment Equity - Amends the Trade Act of 1974 to include restrictions on direct investments by U.S. citizens or nationals among the discriminatory foreign trade practices that trigger a U.S. response. Requires U.S. action if the President determines such action is appropriate to respond to a foreign trade practice that denies the United States commercial opportunities substantially equivalent to those offered by the United States. Authorizes the President, upon making such a determination, to: (1) change Government procurement policies to provide for procurement from nations that provide substantially equivalent commercial opportunities to comparable U.S. …