The address of the Heritage Foundation was incorrectly listed for two events in yesterday's "Bulletin Board" on the Federal Report page. It is 214 Massachusetts Ave. NE.

TODAY Congress returns from the Independence Day recess.

The American Bar Association's annual convention continues through Thursday at area hotels. President Reagan is to address the group this morning. John Koelemij, president of the National Association of Home Builders, holds an 11 a.m. news conference, to release an analysis of the impact of President Reagan's tax plan on low- and moderate-income homeownership and rentals costs. The briefing will be held at the National Housing Center, 15th and M streets NW. TUESDAY

The Business Coalition for Fair Competition holds a 10 a.m. news conference to discuss what it sees as the problem of commercial activities by nonprofit entities. The session will be held at the National Press Club. The Heritage Foundation sponsors a seminar on international terrorism, drug smuggling and related issues, beginning at 9:30 a.m. in the auditorium of its headquarters, 400 C St. NE. Broadcaster Ted Turner speaks at a 12:30 p.m. luncheon at the National Press Club. The Older Women's League sponsors a forum on living wills, beginning at 9 a.m. in the Auditorium of the Dirksen Office Building. Phone 783-6686. WEDNESDAY

The Democratic Policy Commission holds an organizational meeting at the Omni Shoreham Hotel. The American Federation of Teachers begins four days of meetings at the Sheraton Washington Hotel. The Heritage Foundation sponsors a debate between Jay Parker, president of the Lincoln Institute for Research and Education, and Ralph Neas, director of the Leadership Conference on Civil Rights, on "The Civil Rights Bill: Restoration or Reconstruction?" The event will be held at 3 p.m. in the auditorium of the foundation's headquarters at 400 C St. NE. THURSDAY

Vice President Bush addresses a 12:30 luncheon sponsored by the Washington Press Club and the National Press Club. The Cato Institute sponsors a policy debate entitled, "What, If Anything, Should Be Done About Pornography?" It features Henry Hudson, chairman of the Attorney General's Commission on Pornography, and Barry Lynn of the American Civil Liberties Union. Begins at 4 p.m. at 224 Second St. SE. Women in Government Relations Inc. and the Administrative Assistants Association of the U.S. House of Representatives sponsor a seminar on tax reform, beginning at 8 a.m. in the Caucus Room of the Cannon House Office Building. Phone Barbara Jones, 296-3070, or Jon Delano, 225-2135.