[Congressional Record Volume 141, Number 77 (Wednesday, May 10, 1995)]
[Senate]
[Pages S6462-S6465]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS
By Mr. CHAFEE (for himself and Mr. Pell):
S. 786. A bill to designate the United States Post Office building
located at 24 Corliss Street, Providence, Rhode Island, as the ``Harry
Kizirian Post Office Building,'' and for other purposes; to the
Committee on Governmental Affairs.
THE HARRY KIZIRIAN POST OFFICE BUILDING ACT OF 1995
Mr. CHAFEE. Mr. President, I send to the desk a bill for Senator Pell
and myself. This deals with the designation of the U.S. Post Office
building located on 24 Corliss Street in Providence. Under the new
designation it becomes the ``Harry Kizirian Post Office Building.''
Mr. President, today Senator Pell and I are introducing legislation
to name the post office at 24 Corliss Street in Providence, RI after a
renowned Rhode Islander and a proud American--Harry Kizirian.
Representatives Jack Reed and Patrick Kennedy are introducing identical
legislation in the House of Representatives. The Rhode Island
congressional delegation is united in its desire to honor Harry
Kizirian for his years of service to our State.
Mr. President, just a word about Harry Kizirian. He is a celebrated
citizen in our State. For many, many years he has been postmaster of
our principal post office. He is a community leader.
Harry Kizirian is a household name in Rhode Island because of his
lifelong career in the Postal Service but, even more so, because of his
involvement
with and commitment to his community. He has served on the board of
directors of Butler Hospital, Big Brothers of Rhode Island, the
Providence Human Relations Commission, Rhode Island Blue Cross, and the
Rhode Island Heart and Lung Associations. Over the years he has earned
countless awards
[[Page S6463]] and citations for his community involvement. He was
inducted into the Rhode Island Hall of Fame and received the Roger
Williams Award. He served on advisory boards for Rhode Island College,
Providence Heritage Commission on R.I. Medal of Honor Recipients, the
Disabled American Veterans, and the Marine Corps League. Harry Kizirian
is a husband, a father, a grandfather, a Postmaster to Rhode Island,
and a decorated World War II hero.
The lessons learned from Harry Kizirian are lessons of fortitude,
valor, strength of character, and perseverance.
While Harry was just a boy in school, at Mt. Pleasant High School in
Providence, he went to work part-time as a postal clerk. He was 15
years old and his father had died, so Harry took responsibility for
supporting his family. He did so while keeping his grades up and
participating in athletics. Twenty years later, at 35, Harry was named
Postmaster of Rhode Island, a position he held for more than 25 years.
Like many young men at the time, Harry's job was interrupted by World
War II. The day after high school graduation Harry enlisted in the
Marine Corps.
After going through training, he ended up with the marines that were
invading Okinawa.
He fought on Okinawa with the
6th Marine Division. He was awarded the Navy Cross--the second
highest honor a Marine can receive--for his valor on Okinawa. What did
he do for it?
Harry and a group of Marines were pinned down by a Japanese machine
gunner. Harry got up and ran toward the machine gun. He was shot in the
legs. Despite his injuries, he pulled himself forward and eliminated
the enemy position. This extraordinary act of valor sent Harry
Kizirian, a teenage boy, to a hospital in Guam with the Navy Cross, a
Bronze Star, and a Purple Heart with a gold star.
Harry Kizirian was seen by millions of Americans as the face of the
war in the Pacific. Before he was injured, a news photographer captured
his image, the image of a boy in battle--by that time he was the age of
19--for the cover of the New York Times Sunday Magazine. Last November,
I was present when Harry was honored by his old Atwood-Bucci Detachment
of the Marine Corps. The famous photograph was prominently displayed on
the podium. It has been 50 years since that picture was snapped and
many have glorified the war, but not Harry. Harry's message to young
people, and to all of us, is that ``war is awful. There's no way to
describe it. Nobody wins a war.''
After the war, Harry returned to Providence and to his job at the
post office. He was a substitute clerk. By 1954 he was made foreman. He
was named Assistant Superintendent during the transition from the old
postal system to the turnkey mechanization system. The Providence post
office on Corliss
Street was the first post office in the country to use the turnkey
system. The turnkey system was the first fully automated system for
sorting the mail. Until that point, all of the mail was sorted by hand.
The new system was not easily implemented, but once again Harry
persevered. In 1961, Harry was rewarded for his hard work and
dedication. He was named Postmaster of Rhode Island.
What better way to honor the life and lessons of Harry Kizirian than
to name the Post Office on Corliss Street for him. I am pleased to
introduce this bill today with Senator Pell and hope that it will
receive speedy consideration by the Subcommittee on Post Office and
Civil Service of the Governmental Affairs Committee.
So it seems very fitting, Mr. President, that this post office in our
capital city should be named after Harry Kizirian.
Mr. PELL. Mr. President, I join with my friend and colleague, Senator
Chafee of Rhode Island, in introducing legislation to designate the
U.S. Post Office building at 24 Corliss Street, Providence, as the
Harry Kizirian Post Office Building.
I am enthusiastic about this designation. I can think of no more
fitting tribute. Harry Kizirian has made extraordinary contributions to
the United States, to Rhode Island and to Providence.
A very brief review of his contributions is instructive. Harry
enlisted in the U.S. Marine Corps after graduating from Mt. Pleasant
High School. He subsequently became Rhode Island's most decorated
marine.
He fought in Okinawa and was shot in battle. He earned the Navy
Cross, the Bronze Star with a ``V'', the Purple Heart with a Gold Star
and, finally, the Rhode Island Cross.
Upon his return to Rhode Island, he went to work at the post office,
where he had worked as a 15-year-old to support his widowed mother. He
worked his way up through leadership positions in the Postal Service.
He was confirmed by the U.S. Senate as postmaster in 1961, a position
he held for 25 years. In addition to his military service and his work
in the Postal Service, he has served on numerous committees and boards
in Rhode Island.
Harry served on the board of directors of Butler Hospital, Big
Brothers of Rhode Island, the Providence Human Relations Commission,
Rhode Island Blue Cross and Rhode Island Heart and Lung Associations.
He also was a member of the Community Advisory Board of Rhode Island
College, the Providence Heritage Commission, the Commission on Rhode
Island Medal Honor Recipients, DAV and the Marine Corps League.
Harry Kizirian already is a Rhode Island landmark. His name has
become synonymous with the qualities he exemplifies--dedication,
loyalty, leadership and hard work.
The Harry Kizirian Post Office Building will be an entirely
appropriate testament to his remarkable life and friendships.
______
By Mr. BURNS:
S. 787. A bill to provide an exemption from certain hazardous
material transportation regulations for small cargo tank vehicles with
a capacity of not more than 3,500 gallons that transport petroleum, and
for other purposes; to the Committee on Commerce, Science, and
Transportation.
THE HAZARDOUS MATERIALS REGULATORY RELIEF ACT OF 1995
Mr. BURNS. Madam President, today I am introducing legislation
to reduce yet another regulatory burden on many petroleum marketers and
other small businesses across the country. My bill would prohibit the
Department of Transportation's Research and Special Programs
Administration [RSPA] from enforcing an unwarranted and unnecessary
regulation on operators and owners of small cargo tanks of 3,500
gallons or less and return that authority back to the States where it
belongs. Specifically, my bill would repeal a regulation promulgated by
RSPA which requires cargo tank operators and owners to comply with
cumbersome Federal testing inspections and retrofitting mandates.
Members of the Montana-Western Petroleum Marketers Association and
the Petroleum Marketers Association of America have been especially
negatively impacted with RSPA's requirements. The cost of the
regulation to small businesses often costs thousands of dollars, with
little additional safety protection. In addition, the Federal
inspection requirements often force cargo tank operators to travel
great distances to comply with the regulations. It is time that we
force regulators to be responsible and establish justification before
the implementation of such regulations. I think we could send a clear
message by passing my proposed legislation.
Many of the cargo tank owners and operators are owned by small ``mom
and pop'' businesses, who operate on a slim profit margin. The cost of
compliance can be devastating to their business. For years, States had
the authority to inspect small cargo tank vehicles. Not only was this
more convenient for owners and operators, but States had the ability to
structure the program to benefit their constituents. I think we should
return this authority to the States and allow them to make decisions
which best suit their needs.
Up until 1991, RSPA provided an exemption of cargo tanks carrying
3,500 gallons of petroleum product or less. However, since that time,
RSPA has decided that no tank is too small to regulate and that all
cargo tank operators should operate under the same rules. In theory
this may sound reasonable, but, in reality, small cargo tanks are very
different from larger tanks and should be treated as such. I ask for
[[Page S6464]] your support of my legislation and introduce it today
to restore some common sense into the Federal bureaucracy.
______
By Mr. CHAFEE (for himself, Mr. Moynihan, and Mr. Kyl):
S. 789. A bill to amend the Internal Revenue Code of 1986 to make
permanent the section 170(e)(5) rules pertaining to gifts of publicly
traded stock to certain private foundations, and for other purposes; to
the Committee on Finance.
gifts legislation
Mr. CHAFEE. Mr. President, today I am introducing legislation on
behalf of myself, Senator Moynihan, and Senator Kyl, which would permit
the full value deduction for gifts of appreciated stock to private
foundations.
Since 1984, donors have been allowed to deduct the full fair market
value of certain gifts and publicly traded stock given to private
foundations. In other words, if an individual has a private foundation
that he has set up, and he has some stock--in General Electric, for
example, that has appreciated substantially--when he makes a gift of
that stock to the foundation, and General Electric, say, is trading at
58, that the full value of that stock, namely each share at the present
value of 58, is a deductible contribution by the donor.
Clearly, if an individual made such a contribution to Yale University
or to the United Way, whatever it was, the full value of the stock
would be a deductible contribution.
And the question here is, what about now, the contribution of that
stock to a private foundation? Up until January 31, 1994--in other
words last January--December 31--it has been possible to get a full
deduction for the contribution of stock to a private foundation.
Unfortunately, on that date, the action which provided for the full
deductibility terminated. It sunsetted.
Mr. President, I would like to stress that private foundations are
nonprofit organizations. They support charitable activity. They have to
do that or they are not allowed an exemption. They provide support for
making grants to other nonprofit agencies.
In other words, sometimes a private foundation has the capacity to
make a charitable contribution itself to the United Way or Nature
Conservancy or the Sierra Club or whatever it might be. They provide
support for such things as scholarships and disaster relief. Also, they
make grants to individuals.
Now, foundations are created by endowments, money given by
individuals or by families or by corporations. They make grants and
operate programs with the income earned from investing the endowments.
Since most foundations have permanent endowments, they do not have to
raise funds each year from the public in order to continue their work.
Most functions, charitable activities every year have to go out and
raise money so they are reluctant to get into long-term commitments,
but foundations such as the Ford Foundation with a substantial amount
of money that they know is there--realizing the income is going to be
there next year, they are not dependent upon annual donations--act as
the research and development arm of our society.
In a 1965 Report on Private Foundations, the Treasury Department
recognized the special nature of foundations by describing them as
``uniquely qualified to initiate thought and action, experiment with
new and untried ventures, dissent from prevailing attitudes, and act
quickly and flexibly.'' Indeed, foundations reflect the innovative
spirit of the individuals and corporations that endow them.
There are more than 30,000 private foundations in America today that
provide over $10 billion annually to support innumerable projects,
large and small. Among other things, they help the poor and
disadvantaged, advance scientific and medical research, and strengthen
the American educational system.
Let me give you a few examples of some of the medical advances that
have occurred as a result of the financial assistance provided by
private foundations:
The polio vaccine developed by Dr. Jonas Salk in 1953 after the Sarah
Scaife Foundation provided him with the money he needed to establish
and equip his virus laboratory.
With the help of the Commonwealth Fund, Dr. Papanicolaou discovered
in 1923 that cervical cancer could be diagnosed before a woman
presented any symptoms. That breakthrough led to the basic and now
routine diagnostic technique known as the Pap smear.
In 1951 Dr. Max Theiler received the Nobel prize in medicine for his
work in developing the yellow fever vaccine. That effort was the direct
result of a 30-year, all-out commitment by the Rockefeller Foundation
to eradicate this disease.
But, Mr. President, private foundations have been involved in many
more aspects of our daily lives than simply funding medical advances.
Dr. John V.N. Dorr was an engineer in the early 1950's. He speculated
that many accidents occurring on our Nation's highways during inclement
weather were the result of drivers hugging the white lines painted in
the middle of the road. Dorr believed that if similar lines were
painted on the shoulder side of the road, lives could be saved.
Dorr convinced transportation engineers in Westchester County, NY, to
test his theory along a particularly treacherous stretch of highway.
The dropoff in accidents along this part of the road was dramatic, and
Dr. Dorr used his own foundation to publicize the demonstration's
results nationally. Today, although State funds are now used to paint
white lines on the shoulder side of the Nation's highways, every person
traveling in a motor vehicle is indebted to Dorr and his foundation for
implementing this life-saving discovery.
As these examples indicate, private foundations provide a great many
benefits to our society. By permanently extending this tax incentive,
we can continue to encourage individuals to dedicate a substantial
portion of their wealth to public, rather than private purposes. I hope
my colleagues will support this legislation.
Mr. MOYNIHAN. Mr. President, I am pleased to join my
distinguished colleague, Senator Chafee, in introducing a bill to
restore a full, fair-market-value deduction for gifts of publicly
traded stock to private foundations. This was in fact the law through
1994, but the provision in the tax code providing for a charitable
deduction measured by the fair market value of stock donated to a
private foundation expired on December 31, 1994.
As many in this body will recall, I worked for many years to restore
a full, fair-market-value deduction for gifts of appreciated property
to public charities. That deduction had been limited in 1986 tax
legislation for taxpayers subject to the alternative minimum tax, so
that they could only deduct the ``basis''--usually, the original
purchase price--of property donated to public charities, such as
college and universities, museums and other charitable institutions
that receive the larger share of their support from the public at
large. Happily, the full, fair-market-value deduction for all such
gifts--personal property, real estate and intangible property such as
stock--was restored on a permanent basis in the 1993 budget
legislation, the Omnibus Budget Reconciliation Act of 1993.
The bill we introduce today concerns charitable gifts to private
foundations, which unlike public charities, receive their support from,
and are often controlled by, a limited group of individuals. A full,
fair-market-value deduction for gifts of publicly traded stock had been
available in the case of private foundations over the past 10 years
under a special rule enacted in 1984 and scheduled to expire on
December 31, 1994. This automatic expiration was intended to provide
Congress an opportunity to review the private foundation contribution
rule with the benefit of several years of practical experience under
it. I believe that most commentators have concluded that the private
foundation rules are working relatively well, and that the rule
providing for fair-market-value deductions for gifts of publicly traded
stock has not been a source of compliance problems. As a result, there
is no reason to provide different treatment for gifts of publicly
traded stock to private foundations that is currently provided for such
gifts to public charities. The bill we introduce today would conform
the rules for both.
Mr. President, private foundations are an important aspect of
America's
[[Page S6465]] nonprofit, independent sector. The contributions made
by nonprofit institutions to our society in the areas of education,
health, disaster relief, the advancement of knowledge and the
preservation of our history and cultural artifacts is vast. I daresay
it is often not fully understood or appreciated, particularly the
extent to which nonprofit institutions perform functions that are
typically governmental undertakings in other societies. Nonprofit
institutions are a part of our culture that we should take care not to
lose, and government has a role in insuring that they thrive. The
legislation we introduce today is a part of that role.
____________________