[Congressional Record Volume 144, Number 97 (Monday, July 20, 1998)]
[House]
[Page H5935]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


[[Page H5935]]
                          PERSONAL EXPLANATION

  Mr. LAMPSON. Mr. Speaker, on June 25, 1998, on rollcall vote 274, I 
am recorded as not voting. I was hosting the Vice President in my 
district on that afternoon. This bill provides for restructuring the 
management of the Internal Revenue Service by establishing an oversight 
board to oversee the agency's operations. Along with expanding certain 
taxpayer rights, the conference report also reduces from 18 months to 
12 months the time a taxpayer must hold an investment before being 
eligible for the 20 percent tax rate on capital gains.
  Had I been recorded on that vote, I would have voted ``aye''.

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