INVESTMENTS see also Business; Securities

Addresses

Capital Investment and Competition in the 1990s: John Georges, 18449 [3AU]

Citizens for a Sound Economy, 1789 [7FE]

Corporate Mergers and Takeovers: James Goldsmith, 31699-31701 [21NO]

Foreign Investments: John R. Montgomery III, 8083 [3MY]

Agreements

Temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), unanimous consent, 28101 [9NO]

Amendments

Commodity Exchange Act: amend relative to trading regulations (H.R. 2869), 20346, 20348, 20350, 20352, 20354, 20356 [13SE]

Taxation: capital gains and assets rates (S. 1311), 14590 [13JY]

———temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), 28645 [14NO]

———temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), unanimous-consent agreement, 28103-28106 [9NO]

Analyses

Coordinated Clearance and Settlement Act (H.R. 3657), 29296 [16NO]

International Securities Enforcement Cooperation Act (H.R. 1396), 4147 [14MR]

———(S. 646), 4795-4798 [17MR]

Investment Adviser Self-Regulation Act (S. 1410), 16323-16326 [26JY]

Market Reform Act (S. 648), 4805-4807 [17MR]

Nonprofit Organizations Tax-Exempt Bond Reform Act (S. 1627), 20530 [14SE]

OPIC Insurance, Reinsurance, and Financing to Eligible Projects in Poland (H.R. 1732), 5803 [6AP]

Securities Law Enforcement Remedies Act (H.R. 975), 2212-2214 [9FE]

———(S. 647), 4801 [17MR]

Securities Markets Stabilization Act (H.R. 3656), 28962-28965 [14NO], 29293-29296 [16NO]

Shareholder Communications Improvement Act (S. 649), 4807 [17MR]

Trust Indenture Reform Act (S. 651), 4820 [17MR]

Articles and editorials

Bad Timing, Dan, 14166 [11JY]

Better Plan Than Bentsen's, 22453 [28SE]

Bribery Is Bad Policy, 2823 [28FE]

Bring Back Optimism—Bring Back Gold Bonds, 8079 [3MY]

Bryant Bill, 4046 [13MR]

Bush Could Look to State for Advice, 3427 [3MR]

Bush's Folly, 23643 [5OC]

California Investor Reaps Virtue's Reward, 4428 [15MR]

Capital Gains Hysteria, 22237 [28SE]

Capital Gains Shift Could Curb LBO Break-Ups, 1331, 1340 [31JA]

Capital Gains Tax, 21404 [22SE], 21586, 21587 [26SE]

Capital Gains Tax Cut Might Spell Temporary Bad News for Market, 20980 [20SE]

Capital Gains Tax Cut Will Benefit All of Us, 21403 [22SE], 21491 [25SE], 21755 [26SE]

Capital Gains—The Little Secret, 21586 [26SE]

Capital Gains—The Right Cuts, 2922 [28FE], 15267 [19JY]

Coming Budget Debate—Keeping the Capital Gains Pledge, 2924 [28FE]

Coming Capital Gains Compromise—Indexing Taxes to Inflation, 11376 [8JN]

Common Economic Sense, 20700 [18SE]

Congressional Crack, 9517 [17MY]

Corporate Perestroika—Why Owner-Workers Are Winners, 15969 [24JY]

Curbing LBO's the Easy Way, 2924 [28FE]

Cut in Capital Gains Rate Would Help Small Business, 27566 [6NO]

Cutting Capital Gains Tax Would Create Jobs, 2923 [28FE], 15267 [19JY]

Do Japanese Have the Yen to Take Over a New York Hospital?, 20764 [19SE]

Don't Meddle With ESOPs, 24533 [12OC]

Gains Tax Baloney, 26986 [2NO]

Group Fails To Finish UAL Deal—New Terms Sought by Banks To Finance $6.75 Billion Buyout, 28701 [14NO]

Half-Dozen Ways Less Means More in Capital Gains, 16067 [25JY]

``I'm a Democrat'', 16440 [26JY]

Infrastructure—What Must Be Done, 31803 [21NO]

Japan Leading United States in Raising Capital for Corporations, 26422 [27OC]

Japan's Secret Weapon—The Shadow Warriors—How the Japanese Are Buying Up New York and the U.S., 20766-20770 [19SE]

Kindest Cut of All—Reducing Capital Gains Tax, 2923 [28FE]

Let's Sharpen America's Competitive Edge by Cutting the Capital Gains Tax, 9564 [17MY]

Limited Government, Unlimited Liabilities, 4998 [20MR]

Limits Planned on Brokered Deposits' Use, 3160 [1MR]

MERC Fights for Self-Regulation, 7840 [2MY], 7997 [3MY]

Patient Money—United States Firms Find Asian Investors Are Willing To Wait for Returns, 4048 [13MR]

Pop Quiz—Leveraged Buyouts Are—A Blight on the Land, 1405 [2FE]

Pop Quiz—Leveraged Buyouts Are—Good for U.S. Business, 1405 [2FE]

Putting Their Country on the Block—Baby Bankers Sell U.S. Firms to the Japanese, 20764 [19SE]

Realities of ``Friday the 13th'', 28700 [14NO]

Reform Them, Again—A Permanent Cut in the Capital Gains Tax Could be Good Economics; a Temporary Cut Is Just Bad Politics, 28681 [14NO]

Right Way to Spur Investment, 20981 [20SE]

Sale of Savings Bonds Halted Because of Debt Limit Drop, 26722 [1NO]

Selling of America—By FSLIC, Agency Offers U.S. Properties to Foreigners to Aid S&L Rescue, 4236 [15MR]

Shooting Ourselves in the Foot—Why Tax-Exempt Financing Must Be Restored, 31802 [21NO]

Simple Solution to a Problem That Shouldn't Exist, 3344 [2MR]

S&L Recriminations, 4483 [16MR]

``Soak the Rich'' Pitch Sending Democrats to the Showers, 22057 [27SE]

Stealing From the Future, 22224 [28SE]

Stop the Flow of Drugs to Our Money Markets!, 7582 [26AP]

Taxpayers Shouldn't Have To Subsidize Mansion Mortgages, 1679 [6FE]

Thrift Bailout, Lacking a Chief and Floundering as Officials Feud, Slows and Grows More Costly, 25500 [23OC]

Tutoring Japanese on Takeovers, 10237 [25MY]

$25,000 Apiece for the Rich, 22231 [28SE]

Wall Street Revolutionary, 13211-13213 [22JN]

White House Raises S&L Bailout Estimate, 2804 [27FE]

Who Owns America?, 10235 [25MY]

Bills and resolutions

Advisers: self-regulation (see S. 1410; H.R. 3054)

Aeronautics: review of certain acquisitions of voting securities of air carriers (see H.R. 3443)

Bankruptcy: payment of a debt for restitution payable in a criminal case (see H.R. 3691)

———prevent discharge of certain fines, penalties, and forfeitures (see H.R. 3690)

Banks and banking: advertisement of yields on savings accounts and investments (see S. 307)

———apply the deposit insurance limitation to deposits by deposit brokers (see S. 398)

———authorize securities for bank holding companies (see S. 308)

———clarify certain laws relative to subsidiaries of holding companies (see H.R. 1723)

———enhance competition in the financial services sector (see H.R. 1992)

———issuance of gold-backed bonds to accounts in federally insured, insolvent financial institutions (see H.R. 516)

———prohibit sale of securities issued by insured depository institutions or their affiliates (see H.R. 3721)

———revoke Federal Asset Disposition Association charter and reform process for liquidating failed thrift institution assets (see H.R. 479)

———risk-based deposit insurance premiums (see S. 288)

Bonds payable in gold coin: issuance (see H.R. 1121)

Budget: restrict total outlays and reduce deficit by use of capital gains tax revenues (see H.R. 2154)

Business: enhance competition in the financial services sector (see S. 530)

———prompt reporting in holdings and transactions of corporate insiders (see H.R. 3608)

Capital gains: indexing (see H.R. 2370)

———tax treatment (see H.R. 1542)

Commission on the Federal Taxation of Savings and Investment: establish (see H.R. 2724)

Commodity Exchange Act: amend relative to trading regulations (see H.R. 2869)

Community, Employee, and Stockholder Right-to-Know Act: enact (see H.R. 1030)

Corp. for Small Business Investment Charter Act: enact (see S. 1420)

Corporate Raider Tax Act: enact (see H.R. 158)

Crime and criminals: penalties for bank fraud (see H.R. 1222)

Economic conditions: development (see H.R. 3166)

———development and employment programs for certain areas (see H.R. 10)

Employee stock ownership plans: tax-free interest on certain loans (see H.R. 3364)

Excessive Churning and Speculation Act: enact (see S. 1654)

Financial Modernization Act: enact (see S. 305)

Foreign investments: improve the quality of data (see S. 856)

Foreign Ownership Disclosure Act: enact (see S. 289)

Individual retirement accounts: restore tax deduction for contributions (see H.R. 3678)

International Lending Supervision Act: amend (see H.R. 2747)

International Securities Enforcement Cooperation Act: enact (see S. 646)

———enact (H.R. 1396), correcting the enrollment (see S. Con. Res. 82)

Investor Equality Act: enact (see S. 1658)

Japan: reduction of trading or investment barriers for U.S. companies (see H. Con. Res. 216)

Market Reform Act: enact (see S. 648)

National Consumer Cooperative Bank: payment of interest on and redemption of class A notes (see H.R. 3720)

Nonprofit Organizations Tax-Exempt Bond Reform Act: enact (see S. 1627)

OPIC: amend Foreign Assistance Act relative to activities (see S. 246)

———insurance, reinsurance, and financing to eligible projects in Poland (see H.R. 1732)

Poland: OPIC assistance for investment in private sector (see S. 823)

———tax exemption of certain loans (see S. 1375)

President: authorize to stabilize prices, wages, interest rates, and corporate dividends (see H.R. 406)

Public Utility Holding Company Modernization Act: enact (see H.R. 112)

Reciprocity of Foreign Investment Act: enact (see H.R. 3699)

Rural Access to Capital Act: enact (see S. 863)

SEC: authority to prevent disruptions to the securities markets (see H.R. 1609, 3657)

———clarify exempting authority (see S. 1551)

———clarify exempting authority under Public Utility Holding Company Act (see S. 965; H.R. 3640)

Securities: amend Federal laws (see H.R. 975)

———clearance and settlement of transactions (see H.R. 3656)

———facilitate cooperation with foreign countries in law enforcement (see H.R. 1396)

———improve communications between registrants of investment company securities and their shareholders (see H.R. 2780)

———interests in publicly traded partnerships (see S. 868)

———issuance of bonds payable in gold coin (see H.R. 1121)

———issuance of super savings bonds (see H.R. 3763)

———prohibit certain trades (see H.R. 603, 606)

Securities Exchange Act: amend (see H.R. 3662)

Securities Law Enforcement Remedies Act: enact (see S. 647)

Sewage disposal: restrictions on tax-exempt bonds issued to provide management offices (see H.R. 1346)

Shareholder Communications Improvement Act: enact (see S. 649)

Small and High-Risk Business Investment Act: enact (see S. 1541)

Small business: encourage investments in minority business (see H.R. 2971)

———loan and investment capital (see H.R. 3179)

———private investment in businesses owned by disadvantaged persons (see S. 1525)

Small issue bonds: manufacturing facilities (see S. 1636)

Social Security: exclude tax-exempt interest from determination of taxable benefits (see H.R. 260)

———investment policies for trust fund (see H.R. 790)

South Africa: ban financial services by U.S. depository institutions (see H.R. 3458)

———ban loans and investments by U.S. corporations (see S. 507)

Taxation: 10% credit for foreign investments in certain Central American democratic nations (see H.R. 1778)

———10-ten year basis recovery in the case of annuities under Government plans (see H.R. 805)

———accumulated earnings tax application relative to the number of shareholders in the corporation (see H.R. 460)

———allocation of interest expense of affiliated groups of certain financial institutions (see H.R. 2534)

———amend provisions relative to valuation freezes (see S. 849)

———application of discount rules relative to certain short-term obligations of small banks (see H.R. 2605)

———broker reporting requirements (see S. 1349)

———capital gains (see S. 411, 869, 1771, 1938; H.R. 461, 1029, 1599, 1601)

———capital gains and assets rates (see S. 1311)

———capital gains differential (see S. 551)

———corporate stock acquisition indebtedness (see H.R. 954)

———deduction for individual retirement accounts (see H.R. 956)

———exempt earnings on certain investment accounts (see H.R. 1656)

———exempt from tax earnings certain investment accounts (see S. 632)

———extend period which qualified mortgage bonds and mortgage credit certificates may be issued (see S. 355)

———extend the exemption from the termination of small issue bonds for certain rural properties (see H.R. 2804)

———foreign loans (see H.R. 2697)

———gratuitous transfers of employer securities to employees (see H.R. 2992)

———inclusion of certain stock in gross income (see H.R. 945)

———increase holding period for capital assets (see S. 645)

———indexing basis of capital assets (see H.R. 1242)

———indexing certain assets (see S. 664; H.R. 57, 719)

———interest on loans to acquire employer securities (see S. 1523)

———limit interest deduction on corporate stock acquisition indebtedness (see S. 325)

———limited investment credit (see H.R. 1543)

———long-term capital gains rates (see S. 1286)

———passive loss limitation relative to deductions on certain rental real estate activities (see H.R. 2917)

———rates on children's investment income (see H.R. 175)

———reinstate tax on interest received by foreigners on certain portfolio investments (see H.R. 231)

———repeal penalty for early withdrawal from retirement plans (see H.R. 663)

———repeal restrictions on the deduction for retirement savings (see H.R. 1273)

———restore a capital gains differential for certain small business stock (see S. 348)

———restore deductions for certain retirement savings (see H.R. 1499)

———restore regular investment tax credit for domestically produced property (see H.R. 3841)

———tax-free distributions from an individual retirement account or annuity to purchase a first home (see H.R. 798)

———temporarily reduce capital gains tax for noncorporate taxpayers (see H.R. 3628)

———transitional relief for low-income housing projects investors (see H.R. 630, 3036)

———treatment by cooperatives of gains or losses from sale of certain assets (see S. 1273)

———treatment of certain real estate activities (see H.R. 3732)

———treatment of gain from sale of principal residence relative to health status of certain taxpayers (see S. 1435)

———treatment of interest on loans to acquire certain employer securities (see S. 1303)

———treatment of U.S. savings bonds relative to use for higher education expenses (see S. 353)

Thrift Institution Capital Enhancement Act: enact (see H.R. 1592)

Thrift institutions: purchase by savings and loan holding companies of certain thrift institutions (see H.R. 949)

———regulate certain marketing activities (see H.R. 3777)

Trust Indenture Reform Act: amend (see S. 651; H.R. 1786)

Descriptions

Tax treatment of interest on loans to acquire certain employer securities (S. 1303), 14348 [12JY]

Documents

Qualifications of CFTC Commissioners, 20348 [13SE]

Essays

America Itself Is Unfair: Akio Morita, 30084 [17NO]

Decline of an America Which Can Only See 10 Minutes Ahead: Akio Morita and Shintaro Ishihara, 30084 [17NO]

Japan That Can Say ``No''—The New United States-Japan Relations Card, 28604-28620 [14NO], 30084 [17NO]

U.S. and Japan Are Inescapably Interdependent: Akio Morita, 30084 [17NO]

Letters

Capital gains differential: Ronald A. Pearlman, 8498 [9MY]

Capital gains tax rate, 22220 [28SE]

———President Bush, 21587 [26SE], 22227 [28SE]

———Representative Andrews, 18885 [4AU]

———Ronald A. Pearlman, 29108 [15NO]

———Susan Engeleiter, SBA, 22216 [28SE]

———Wisconsin business leaders, 3426 [3MR]

Commodity Futures Improvements Act: Wendy L. Gramm, CFTC, 20332 [13SE]

Conduct of foreign banks in U.S.: Representative Gonzalez, 24656 [13OC]

Criminal sanctions for abuse from dual trading on futures exchanges: Carol T. Crawford, 20336 [13SE]

Immigration visa in relation with foreign investments: North Carolina Dept. of Commerce, 14534 [13JY]

International Securities Enforcement Cooperation Act: American Newspaper Publishers Association, 21472 [25SE]

Investment Adviser Self-Regulation Act: David S. Ruder, 17114, 17115, 17116 [31JY]

———Peter H. McPhee, 17116 [31JY]

———Representative Dingell, 17115, 17116 [31JY]

———SEC, 16323 [26JY]

Mailings by investment advisers to elderly relative to medicare surtax: Representative Stark, 5186 [22MR]

OPIC activities in the People's Republic of China: Fred M. Zeder, 23100 [3OC]

SEC appropriations: Federal Bar Association, 10115 [24MY]

SEC filing requirements for leveraged buyouts: David S. Ruder, 19940 [7SE]

———Representative Rostenkowski, 19940 [7SE]

Survey on sanctions and divestment in South Africa: Neil Upmeyer, 23094 [3OC]

Volatility in stock and related futures markets: Senator Leahy, 28045 [9NO]

———Wendy L. Gramm, 28045-28047 [9NO]

Memorials of legislature

California, 23739 [6OC]

Illinois, 11895 [15JN], 13845 [28JN]

Papers

IRA-Plus—Myths and Realities, 28655 [14NO]

Petitions

Fort Worth, TX, City Council: tax-exempt bonds, 11820 [14JN]

Heflin, AL, City Council: small issue bond program for manufacturing facilities, 14147 [11JY]

Nevada Legislative Commission: mortgage revenue bonds, 320 [20JA]

Prattville, AL, City Council: small issue bond program, 5380 [4AP]

Saraland, AL, City Council: small issue bond program, 10243 [25MY]

Remarks in House

Advisers: self-regulation (H.R. 3054), 17099, 17114 [31JY]

Aeronautics: leveraged buyouts of air carriers, 25563-25570 [24OC]

Aged: mailings by investment advisers relative Medicare Catastrophic Coverage Act, 5186 [22MR]

Banks and banking: control export of capital relative to supporting terrorism and prohibit ownership of U.S. banks by Warsaw Pact countries (H.R. 1475), 4701 [16MR]

———foreign dominance in the U.S., 23988 [10OC]

———leveraged buyouts, 31207 [21NO]

———reform Federal deposit insurance system (H.R. 1278), 11799, 12211 [15JN]

———role in securities dealing, 31822 [11DE]

———U.S. competitiveness in world markets, 27992 [8NO]

Budget: restrict total outlays and reduce deficit by use of capital gains tax revenues (H.R. 2154), 8417 [4MY]

Business: enforcing commodity futures laws, 18537 [3AU]

———tax incentives to invest in domestic companies, 2353 [21FE]

Capital gains: impact of tax reduction on small business, 27173 [3NO]

———tax rate, 20096 [12SE]

CFTC: exemptions to regulations prohibiting dual trading, 20350 [13SE]

———monitoring of margins on equity index instruments, 20354 [13SE]

———prohibiting any corporation or subsidiary of a parent corporation from having an employee on the board, 20349 [13SE]

———qualifications of commissioners, 20348 [13SE]

———study of effects of Chicago market on New York market, 25169 [19OC]

China, People's Republic of: suspend OPIC activities, 23100 [3OC]

Commodity Exchange Act: amend relative to trading regulations (H.R. 2869), 14495, 14499 [12JY], 20330-20357 [13SE]

———amend relative to trading regulations (H.R. 2869), engrossment corrections, 20357 [13SE]

Commodity Futures Improvements Act: enact (H.R. 2869), consideration (H. Res. 235), 20329 [13SE]

Corporate Raider Tax Act: enact (H.R. 158), 165 [3JA]

Corporations: protection of public interest in hostile takeovers (H.R. 1030), 2346 [21FE]

Economic conditions: analysis and outlook, 27990 [8NO]

Economic investment zones: develop (H.R. 3166), 19490 [4AU]

Education: treatment of family assets relative to determination of student aid needs (H.R. 1581), 5193 [22MR]

Employee Ownership Week: observance, 23105 [3OC]

Employee stock ownership plans: benefits, 15969 [24JY], 18222 [3AU]

———corporate stock interest (H.R. 3364), 22460 [28SE]

———provisions of budget reconciliation (H.R. 3299), 31120-31123 [11DE]

———tax-free interest on certain loans interest (H.R. 3364), 24533 [12OC]

Foreign investments: disclosure, 7074 [19AP]

———purchase of U.S. companies, 22720-22724 [2OC]

Foreign Ownership Disclosure Act: enact (H.R. 5), 4046, 4048 [13MR]

GAO: study on commodity futures user fees, 20346 [13SE]

Housing: authorize private real estate investment trusts, 28033 [8NO]

International business: U.S. competitiveness, 27992 [8NO]

International Lending Supervision Act: amend (H.R. 2747), 13626 [27JN]

Jamaica: resolution of land ownership dispute with John Rollins, 20585 [14SE]

Japan: Akio Morita's essay on trade relations with U.S., 30084 [17NO]

———barriers to U.S. banking, 31789 [21NO]

———economic relations with U.S., 20764-20771 [19SE]

———hostility to foreign investments, 6233 [12AP]

———investment in the U.S., 2503 [22FE], 20096 [12SE], 26197 [26OC]

———reduction of trading or investment barriers for U.S. companies (H. Con. Res. 216), 28036 [8NO]

———unfair trade practices, 26197 [26OC]

Lincoln Savings and Loan of California: investigation, 28178 [9NO]

Mexico: bilateral trade initiative, 23099 [3OC]

National Consumer Cooperative Bank: payment of interest on and redemption of class A notes (H.R. 3720), 30320 [20NO]

Office of Thrift Supervision: establish, 19551 [6SE], 25063 [18OC], 30215 [19NO], 30384 [20NO]

OPIC: insurance, reinsurance, and financing to eligible projects in Poland (H.R. 1732), 5802 [6AP]

Public Utility Holding Company Modernization Act: enact (H.R. 112), 178 [3JA]

Reciprocity of Foreign Investment Act: enact (H.R. 3699), 30058 [17NO]

Resolution Trust Corp.: disposition of assets (H.R. 3627), 28033 [8NO]

———establish, 19551 [6SE], 25063 [18OC], 30215 [19NO], 30384 [20NO]

Save, America Act: enact (H.R. 2021), 6876 [18AP]

SEC: prevention of disruption in the securities markets (H.R. 1609), 5315 [23MR]

———prevention of disruption in securities markets (H.R. 3657), 28962 [14NO], 29293 [16NO]

Securities: amend Federal laws (H.R. 975), 2212 [9FE]

———clearance and settlement of transactions (H.R. 3656), 28962 [14NO], 29293 [16NO]

———extend authority to issue tax-exempt small issue bonds (H. Con. Res. 156), 13225 [22JN], 14007 [29JN]

———facilitate cooperation with foreign countries in law enforcement (H.R. 1396), 4147 [14MR], 21470-21474 [25SE]

———improve communications between registrants of investment company securities and their shareholders (H.R. 2780), 13855 [28JN]

———investigation of certain trading in soybean futures, 20353 [13SE]

———issuance of super savings bonds (H.R. 3763), 30683 [21NO]

———prompt reporting in holdings and transactions of corporate insiders (H.R. 3608), 30702 [21NO]

Securities Exchange Act: amend (H.R. 3662), 30216 [19NO]

Small business: capital loans (H.R. 3179), 19318 [4AU]

———encourage investments in minority business (H.R. 2971), 15770 [21JY]

South Africa: ban financial services by U.S. depository institutions (H.R. 3458), 2228 [21FE], 24230 [12OC]

———ban loans and investments by U.S. corporations, 15345 [20JY]

Stock market: decline, 24716 [16OC]

Taxation: application of discount rules relative to certain short-term obligations of small banks (H.R. 2605), 11611 [13JN]

———capital gains, 2823 [28FE], 16440 [26JY], 19480 [4AU], 19960 [11SE], 20096 [12SE], 20640 [18SE], 20724, 20759 [19SE], 20949-20952, 20980 [20SE], 21187-21189 [21SE], 21400, 21402 [22SE], 21457-21460, 21491 [25SE], 21518-21524, 21550, 21553, 21555, 21556, 21560, 21569-21572, 21585-21588 [26SE], 21755 [26SE], 21766-21772, 22056 [27SE], 22201 [28SE], 22237, 22238 [2OC], 22242 [28SE], 22467, 22468 [28SE], 22729 [2OC], 23643 [5OC], 24715 [16OC], 26196 [26OC], 26890 [1NO], 28177 [9NO], 29626 [17NO]

———capital gains (H.R. 1029), 2227 [21FE]

———capital gains (H.R. 1599), 5329 [23MR]

———capital gains (H.R. 1601), 5329 [23MR]

———contribution credits to individual retirement plans (H.R. 3681), 29590 [16NO]

———exempt earnings on certain investment accounts (H.R. 1656), 5354 [3AP]

———extend the exemption from the termination of small issue bonds for certain rural properties (H.R. 2804), 14002 [29JN]

———foreign loans (H.R. 2697), 12797 [21JN]

———tax-free distributions from an individual retirement account or annuity to purchase a first home (H.R. 798), 1866 [7FE]

———temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), 28236, 28240 [9NO]

———treatment of individual retirement accounts (H.R. 3478), 24926 [17OC]

Thrift Institution Capital Enhancement Act: enact (H.R. 1592), 5312 [23MR]

Thrift institutions: junk bonds prohibition, 13497 [27JN]

———mortgage holdings, 5265 [23MR]

———regulate certain marketing activities (H.R. 3777), 30674 [21NO]

Trust Indenture Reform Act: amend (H.R. 1786), 6076 [11AP]

Venture capital: importance to inventive society, 5281 [23MR]

Remarks in Senate

Advisers: self-regulation (S. 1410), 16316 [26JY]

Banks and banking: advertisement of yields on savings accounts and investments (S. 307), 1292 [31JA]

———apply the deposit insurance limitation to deposits by deposit brokers (S. 398), 2087, 2133 [9FE], 3160 [1MR]

———authorize securities for bank holding companies (S. 308), 1293 [31JA]

———risk-based deposit insurance premiums (S. 288), 1760 [7FE]

———use of brokered deposits for capital requirements, 14999 [18JY]

Budget: cutting of capital gains tax to reduce deficit, 16067 [25JY]

Business: enhance competition in the financial services sector (S. 530), 3637, 3641 [7MR], 3696 [8MR]

Chicago Mercantile Exchange: regulatory changes, 7840 [2MY]

Corp. for Small Business Investment Charter Act: enact (S. 1420), 16676 [27JY]

Corporations: leveraged buyout takeovers, 1405 [2FE]

Drug abuse: issue drug war bonds, 22974, 22975 [3OC]

Economic conditions: U.S. analysis and outlook, 1788 [7FE], 21219 [21SE]

Excessive Churning and Speculation Act: enact (S. 1654), 21326, 21327 [21SE]

Financial Modernization Act: enact (S. 305), 1264, 1285 [31JA]

Foreign investments: improve the quality of data (S. 856), 7301 [19AP]

Foreign Ownership Disclosure Act: enact (S. 289), 1254 [31JA]

FSLIC: policies and activities, 4235 [15MR]

Hungary: funding to invest in employee stock ownership plans, 28374 [13NO]

Individual retirement accounts: tax treatment, 24834 [17OC]

International Securities Enforcement Cooperation Act: enact (H.R. 1396), correcting the enrollment (S. Con. Res. 82), 29866 [17NO]

———enact (S. 646), 4791-4793 [17MR]

Investor Equality Act: enact (S. 1658), 21330 [21SE]

Margin requirements: private right of action for violations of the margin requirements (S. 1849), 27890 [8NO]

Market Reform Act: enact (S. 648), 4803 [17MR]

National Consumer Cooperative Bank: payment of interest on and redemption of class A notes (H.R. 3720), 31277 [21NO]

Nonprofit Organizations Tax-Exempt Bond Reform Act: enact (S. 1627), 20527 [14SE], 23179-23181 [4OC]

OPIC: amend Foreign Assistance Act relative to activities (S. 246), 992 [25JA]

———operations in Poland and Hungary, 21084, 21102 [20SE], 21084, 21087 [20SE]

Poland: equity fund for individuals to invest in the private sector, 28381 [13NO]

———funding to invest in employee stock ownership plans, 28374 [13NO]

———OPIC assistance for investment in private sector (S. 823), 6997 [18AP], 29835 [17NO]

———tax exemption of certain loans (S. 1375), 15637 [20JY]

Richardson, Elliot: conflict of interests, 27847 [8NO]

Rural Access to Capital Act: enact (S. 863), 7311 [19AP]

SEC: leveraged buyout filing requirements, 19939 [7SE]

Securities: facilitate cooperation with foreign countries in law enforcement (H.R. 1396), 21742 [26SE]

———options on multiple trading, 30592 [20NO]

———stock market fluctuation, 24817 [17OC]

Securities Law Enforcement Remedies Act: enact (S. 647), 4798 [17MR]

Shareholder Communications Improvement Act: enact (S. 649), 4807 [17MR]

Small and High-Risk Business Investment Act: enact (S. 1541), 18943 [4AU]

Small business: private investment in businesses owned by disadvantaged persons (S. 1525), 18425 [3AU]

Small issue bonds: manufacturing facilities (S. 1636), 20692 [18SE]

South Africa: ban loans and investments by U.S. corporations (S. 507), 3485 [3MR], 3645 [7MR]

Taxation: amend provisions relative to valuation freezes (S. 849), 7294 [19AP], 16067 [25JY]

———broker reporting requirements (S. 1349), 15060 [18JY]

———capital gains, 1330, 1340 [31JA], 1766-1769 [7FE], 1906 [8FE], 3425 [3MR], 4425 [15MR], 4686 [16MR], 11372, 11375 [8JN], 11542 [13JN], 18884 [4AU], 20467-20469 [14SE], 20622 [15SE], 22073 [27SE], 22295 [28SE], 22586 [29SE], 22883 [3OC], 25290 [19OC], 26114-26116 [26OC], 26380, 26382, 26422-26435 [27OC], 26985-26988 [2NO], 27565 [6NO], 28044 [9NO]

———capital gains (S. 171), 2922 [28FE], 9564 [17MY]

———capital gains (S. 411), 2120, 2122 [9FE]

———capital gains (S. 869), 7679 [1MY]

———capital gains (S. 1771), 25284 [19OC]

———capital gains (S. 1938), 30548-30552 [20NO]

———capital gains and assets rates (S. 1311), 14589 [13JY]

———capital gains differential (S. 551), 3958 [9MR]

———exempt from tax earnings on certain investment accounts (S. 632), 4608 [16MR]

———extend period which qualified mortgage bonds and mortgage credit certificates may be issued (S. 355), 1803 [7FE]

———indexing of certain assets (S. 664), 4863, 4865 [17MR]

———individual retirement accounts and capital gains deductions, 22072 [27SE]

———interest on loans to acquire employer securities (S. 1523), 18422 [3AU]

———limit interest deduction on corporate stock acquisition indebtedness (S. 325), 1511 [2FE]

———long-term capital gains rates (S. 1286), 14165 [11JY]

———repeal estate tax inclusion relative to valuation freezes (S. 838), 7265 [19AP]

———restore a capital gains differential for certain small business stock (S. 348), 1783, 1793-1800 [7FE], 4544-4546 [16MR], 8496-8498 [9MY]

———temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), 28645-28659, 28665-28695 [14NO], 29102-29112 [15NO]

———temporary reduction of capital gains tax for noncorporate taxpayers (H.R. 3628), unanimous-consent agreement, 28100-28106 [9NO]

———treatment by cooperatives of gains or losses from sale of certain assets (S. 1273), 13421 [23JN]

———treatment by cooperatives of gains or losses from sale of certain assets (S. 1273), star print, 15675 [20JY]

———treatment of gain from sale of principal residence relative to health status of certain taxpayers (S. 1435), 16917 [31JY]

———treatment of individual retirement accounts, 31694 [21NO]

———treatment of interest on loans to acquire certain employer securities (S. 1303), 14346 [12JY]

———treatment of U.S. savings bonds relative to use for higher education expenses (S. 353), 1802 [7FE]

Thrift institutions: apply the deposit insurance limitation to deposits by deposit brokers (S. 398), 2133 [9FE]

Trust Indenture Reform Act: enact (S. 651), 4817 [17MR]

Reports

Adjustment of Futures Margins: Working Group, Chicago Board of Trade, 20356 [13SE]

OPIC Activities' Impact on Domestic Employment: GAO, 992 [25JA]

Weaknesses in Controls Over Futures Trading Provide Dishonest Floor Participants With Opportunity To Cheat Customers, 20351 [13SE]

Wisconsin Issues—Time for a Change, Low Federal Capital Gains Taxes Show Big Advantages, 3426 [3MR]

Reports filed

Commodity Futures Improvements Act (H.R. 2869), Consideration: Committee on Rules (H. Res. 235) (H. Rept. 101-229), 19781 [7SE]

Facilitate Cooperation With Foreign Countries in Securities Law Enforcement: Committee on Energy and Commerce (H.R. 1396) (H. Rept. 101-240), 20204 [12SE]

Improvement of Regulation of Futures and Options Traded Under Rules and Regulations of CFTC: Committee on Agriculture (H.R. 2869) (H. Rept. 101-36), 19781 [7SE]

Prohibiting Acquisition of a Controlling Interest in an Air Carrier: Committee on Commerce, Science, and Transportation (S. 1277) (S. Rept. 101-169), 24993 [18OC]

Reports to constituents

Hamilton, Lee H.: Boosting U.S. Investment, 20407 [13SE]

Statements

Capital Gains and Tax Reform: C. Eugene Steuerle, 27173-27175 [3NO]

Capital Gains Indexing (sundry), 29104, 29105 [15NO]

Capital Gains Tax Rate: George F. Will, 21586 [26SE]

———John F. Kennedy, 22206 [28SE]

———President Bush, 21586 [26SE]

———Senator Lieberman, 21402 [22SE]

———Warren Brookes, 21587 [26SE]

———William Safire, 21403 [22SE]

Insufficient Investments and Tax Increases: several economists, 27783 [7NO]

International Stock Market: George Blunden, 5315 [23MR]

Leverage Buyouts: Randall Araskog, 24716 [16OC]

Sanctions Against South Africa: Gerhard de Kock, 15964 [24JY]

———Herman J. Cohen, 15964 [24JY]

Thrifts Adrift: Representative Dannemeyer, 4455 [15MR]

Studies

Investment Observations—Revenge of Large Cap Stocks, Victor A. Canto, 1768 [7FE]

Taxing Capital Gains: National Center for Policy Analysis, 25290-25294 [19OC]

Summaries

Corp. for Small Business Investment Charter Act (S. 1420), 16677 [27JY]

Investor Equality Act (S. 1658), 21333, 21334 [21SE]

Packwood-Roth Capital Gains/IRA Proposal, 25285 [19OC]

Small Business Capital Loans and Investments (H.R. 3179), 19319 [4AU]

Surveys

Policies of Sanctions and Divestment in South Africa: Gallup Poll, 23093 [3OC]

Tables

Assets and liabilities of U.S. offices of foreign banks, 1973-88, 23989 [10OC]

California high-yield bond issues, by industry, 12126 [15JN]

Capital gains and assets rates, 14589 [13JY]

Capital gains rates and associated revenues, 1968-86, 1768 [7FE]

Chronology of stock exchange circuit breakers on Oct. 13, 1989, 28047 [9NO]

Comparison of capital gain tax proposals, 1784, 1800 [7FE], 4546 [16MR]

Comparison of taxation of U.S. capital gains and world competitors, 1768 [7FE]

Revenue effects of Senator Packwood's capital gains proposal, 28670 [14NO]

Revenue estimates on capital gains comparison to individual retirement account proposals, 28679 [14NO]

Revenue impact of the 1981 Tax Act (sundry), 28670 [14NO]

Testimonies

Capital Gains Tax Differential Is Vital for U.S. Economic Growth: Mark A. Bloomfield, 11542 [13JN]

Taxation of Capital Gains: Paul C. Roberts, 4687-4689 [16MR]

Tax-Exempt Bond Reform: D. Allan Bromley, 20532 [14SE]

Texts of

H. Res. 235, consideration of H.R. 2869, Commodity Futures Improvements Act, 20329 [13SE]

H.R. 112, Public Utility Holding Company Modernization Act, 179 [3JA]

H.R. 158, Corporate Raider Tax Act, 165 [3JA]

H.R. 797, Federal Deposit Insurance Reform Act, 1380 [2FE]

H.R. 1030, Community, Employee, and Stockholder Right-to-Know Act, 2346 [21FE]

H.R. 1396, International Securities Enforcement Cooperation Act, 21470-21472 [25SE]

H.R. 1592, Thrift Institution Capital Enhancement Act, 5313 [23MR]

H.R. 1732, OPIC insurance, reinsurance, and financing to eligible projects in Poland, 5803 [6AP]

H.R. 2021, Save, America Act, 6877 [18AP]

H.R. 2514, protection of Federal employee pensions and enhancement of investment opportunities, 10727 [1JN]

H.R. 2697, taxation on foreign loans, 12797 [21JN]

H.R. 2804, extend the exemption from the termination of small issue bonds for certain farming properties, 14003 [29JN]

H.R. 2869, Commodity Futures Improvements Act, 20341-20346 [13SE]

H.R. 3628, temporarily reduce capital gains tax for noncorporate taxpayers, 28236-28240 [9NO]

H.R. 3720, payment of interest on and redemption of class A notes issued by the National Consumer Cooperative Bank, 30321 [20NO]

S. 288, risk-based bank deposit insurance premiums, 1762 [7FE]

S. 289, Foreign Ownership Disclosure Act, 1256 [31JA]

S. 305, Financial Modernization Act, 1265-1285 [31JA]

S. 353, tax treatment of U.S. savings bonds relative to use for higher education expenses, 1802 [7FE]

S. 355, extend period which qualified mortgage bonds and mortgage credit certificates may be issued, 1804 [7FE]

S. 411, tax treatment of capital gains, 2120 [9FE]

S. 507, ban loans and investments by U.S. corporations in South Africa, 3646-3651 [7MR]

S. 551, taxation of capital gains differential, 3960 [9MR]

S. 646, International Securities Enforcement Cooperation Act, 4793 [17MR]

S. 647, Securities Law Enforcement Remedies Act, 4798-4801 [17MR]

S. 648, Market Reform Act, 4803-4804 [17MR]

S. 649, Shareholder Communications Improvement Act, 4807 [17MR]

S. 651, Trust Indenture Reform Act, 4818 [17MR]

S. 664, indexing of certain assets relating to taxation, 4863 [17MR]

S. 823, OPIC assistance to Poland for private sector investment, 6998 [18AP]

S. 849, tax provisions relative to real property valuation freezes, 7295 [19AP]

S. 863, Rural Access to Capital Act, 7312-7314 [19AP]

S. 869, tax treatment of capital gains, 7679 [1MY]

S. 1286, long-term capital gains rates, 14166-14168 [11JY]

S. 1303, tax treatment of interest on loans to acquire certain employer securities, 14347 [12JY]

S. 1349, broker reporting requirements for tax purposes, 15060 [18JY]

S. 1410, Investment Adviser Self-Regulation Act, 16317-16322 [26JY]

S. 1525, private investment in businesses owned by disadvantaged persons, 18425 [3AU]

S. 1541, Small and High-Risk Business Investment Act, 18944 [4AU]

S. 1627, Nonprofit Organizations Tax-Exempt Bond Reform Act, 20529 [14SE]

S. 1636, small issue bonds for manufacturing facilities, 20693 [18SE]

S. 1654, Excessive Churning and Speculation Act, 21327 [21SE]

S. 1658, Investor Equality Act, 21331-21333 [21SE]

S. 1938, tax treatment of capital gains, 30549-30552 [20NO]

S. Con. Res. 82, correcting the enrollment of H.R. 1396, International Securities Enforcement Cooperation Act, 29776, 29866 [17NO]