[Congressional Record Volume 140, Number 134 (Thursday, September 22, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: September 22, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                           EXECUTIVE SESSION


         Protocol to the Tax Convention for the State of Israel

  Mr. MITCHELL. Mr. President, I ask unanimous consent that the Senate 
proceed to executive session to consider the Protocol to the Tax 
Convention with the State of Israel (Treaty Document No. 103-16); that 
the treaty be considered as having passed through its various 
parliamentary stages, up to and including the presentation of the 
resolution of ratification; that the understanding and declaration 
recommended by the Committee on Foreign Relations be considered as 
having been agreed to; that no other amendments, conditions, 
declarations, provisos, reservations, or understandings be in order; 
that any statements be inserted in the Congressional Record as if read; 
that when the resolution of ratification is agreed to, the motion to 
reconsider be laid upon the table; and that the President be notified 
of the Senate's action.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The resolution of ratification reads as follows:

       Resolved (two-thirds of the Senators present concurring 
     therein), That the Senate advise and consent to the 
     ratification of the Second Protocol Amending the 1975 
     Convention Between the Government of the United States of 
     America and the Government of the State of Israel with 
     Respect to Taxes on Income (as amended by the Protocol signed 
     on May 30, 1980), signed at Jerusalem on January 26, 1993 
     (Treaty Doc. 103-16), subject to the following:
       (a) Understanding: That nothing in Article XVII of the 
     Second Protocol, or the provisions of the Convention to which 
     it refers, shall be construed to limit or otherwise affect 
     the operation of the provisions of the Convention added by 
     paragraph 3 of Article XIII of the Second Protocol; and
       (b) Declaration: That, pursuant to the Second Protocol, 
     appropriate Congressional committees, and the General 
     Accounting Office, will be afforded access to the information 
     exchanged under the Convention where such access is necessary 
     to carry out their oversight responsibilities, subject only 
     to the limitations and procedures of the Internal Revenue 
     Code, thereby satisfying the understanding subject to which 
     the Senate gave its advice and consent to ratification of the 
     Convention and First Protocol.
  Mr. MITCHELL. Mr. President, I ask for a division vote on the 
resolution of ratification.
  The PRESIDING OFFICER. Senators in favor of the ratification of the 
treaty, please rise and stand until counted. (After a pause.) Those 
opposed will rise and stand until counted.
  With two-thirds of the Senators present having voted in the 
affirmative, the resolution of ratification is agreed to.
  So the resolution of ratification was agreed to.

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