[Congressional Record Index (1998)]
[From the U.S. Government Publishing Office, www.gpo.gov]
SECURITIES related term(s) Investments
Amendments
Courts: limit the conduct of securities class actions under State
law (S. 1260), S4792 [13MY], S4803 [13MY], S4808 [13MY], S4811
[13MY], S4835 [13MY], S4836 [13MY], S9318 [29JY]
Financial institutions: increase competition in the financial
services sector (H.R. 10), H1337 [19MR], H1644 [26MR], H2708
[30AP], H3106 [12MY], H3143 [13MY], H3173 [13MY], H3182 [13MY],
H3192 [13MY], H3195 [13MY], H3204 [13MY], H3209 [13MY], H3213
[13MY], H3214 [13MY], H3218 [13MY], H3220 [13MY], H3221 [13MY]
------ increase competition in the financial services sector (H.R.
10), S11353 [2OC], S11912 [8OC], S12129 [9OC], S12205 [9OC],
S12207 [9OC]
Analyses
Financial Services Act (H.R. 10): Committee on Banking and
Financial Services (House) and Committee on Commerce (House)
(excerpts), E950 [22MY]
Appointments
Conferees: S. 1260, Securities Litigation Uniform Standards Act,
S9320 [29JY]
------ S. 1260, Securities Litigation Uniform Standards Act, H7888
[16SE]
Articles and editorials
Break in Capital Gains Tax Is Added to IRS Oversight, S7650 [8JY]
CBO's Fractured Crystal Ball, E1068 [9JN]
CBOT Looks Back and Forward at 150, S4746 [12MY]
Inquiry Sought Into China Stocks, H3663 [21MY]
Investors, Beware--Last Door To Fight Fraud Could Close, S4783
[13MY]
Levitt Targets Profit Distortions, H10783 [13OC]
Mob on Wall Street, S4811 [13MY]
150 Years of Success, S4746 [12MY]
Protecting Consumers Is a Big Part of Reforming Bank Laws, H3177
[13MY]
SEC Dings Tech Firms, H10783 [13OC]
``Trick'' Accounting Draws Levitt Criticism, H10783 [13OC]
Wall Street To Roll Clock Ahead To See if Year 2000 Computes, S8067
[13JY]
What's the Rush?, S4785 [13MY]
White Water--China Hawks Warn of Beijing's Bonds, H3664 [21MY]
Bills and resolutions
Business and industry: improve competitiveness of U.S. business and
promote foreign commerce, (see H.R. 4353), H6819 [30JY]
Chicago Board of Trade: anniversary, (see S. Res. 229), S4713
[12MY], (see H. Res. 451), H4055 [3JN]
Courts: judicial review of adoption of accounting principles
applicable to issuers of federally-registered securities, (see
H.R. 3165), H385 [5FE]
ERISA: treatment of an individual account plan relative to
investment in employer securities and the employee's ability to
withdraw an equivalent amount, (see S. 2320), S8382 [16JY]
Financial institutions: increase competition in the financial
services sector (H.R. 10), consideration, (see H. Res. 403),
H1776 [30MR], (see H. Res. 428), H3104 [12MY]
------ increase competition in the financial services sector, (see
S. 2590), S11970 [8OC]
------ provide framework for the affiliation of banks, securities
firms, and other financial service providers, (see H.R. 4870),
H11695 [20OC]
------ study of derivatives regulation, (see H.R. 4062), H4628
[16JN]
FRS: broaden the range of discount window loans which may be used
as collateral for Federal reserve notes, (see H.R. 4359), H6819
[30JY]
------ include money laundering activities in the consideration of
certain applications, (see H.R. 3760), H2605 [29AP]
SEC: limit collection of certain fees, (see H.R. 4120), H5064
[23JN], (see H.R. 4213), H5492 [14JY], (see H.R. 4269), H5859
[17JY]
------ require the improved disclosure of tax effects of portfolio
transactions on mutual fund performance, (see H.R. 4822), H10832
[13OC]
Social Security: investment of surplus from trust funds and
protection from public debt limit, (see S. 1790), S2213 [18MR]
------ investment of trust funds in marketable securities, (see H.R.
3822), H3013 [7MY], (see H.R. 4033), H4479 [10JN]
------ provide for accounts funded by surpluses in the budget and
available for private investment in indexed funds, (see H.R.
3456), H1158 [12MR]
Taxation: allow a credit for certain corporations which have
substantial employee ownership and encourage stock ownership by
employees, (see H.R. 3562), H1642 [26MR]
------ allow rollover contributions to individual retirement plans
from deferred compensation plans maintained by States and local
governments and allow State and local governments to maintain
401(k) plans, (see H.R. 3554), H1549 [25MR]
------ allow tax credits for contributions used for the construction
and renovation of certain public schools, (see H.R. 4247), H5736
[16JY]
------ capital gains rates, (see S. 2214), S7013 [24JN], (see H.R.
4125), H5296 [24JN], (see H.R. 4454), H7412 [6AU]
------ cost-of-living adjustment for unified estate and gift tax
credit, (see H.R. 3945), H3970 [22MY]
------ creation of a new class of bonds for new school construction,
(see S. 1753), S1883 [12MR]
------ eliminate capital gains tax, (see H.R. 3860), H3246 [13MY]
------ exempt small issue bonds for agriculture from the State
volume cap, (see S. 2501), S10588 [18SE]
------ expand the exclusion for qualified small business stock and
increase the annual limit for incentive stock options, (see H.R.
4685), H9345 [2OC]
------ issuance of tax-exempt private activity bonds to assist
States in the construction and rehabilitation of public schools,
(see S. 2397), S9555 [31JY]
------ permit early distributions from employee stock ownership
plans for higher education expenses and first-time homebuyer
purchases, (see H.R. 4740), H10075 [8OC]
------ permit 401(k) contributions which would otherwise be limited
by employer contributions to employees stock ownership plans,
(see H.R. 4741), H10075 [8OC]
------ provide a source of interest-free capital for school
construction and renovation in States experiencing increased
enrollment, (see H.R. 3652), H2053 [1AP]
------ reduce holding period for certain capital gains rates, (see
S. 1748), S1883 [12MR]
------ reduce maximum capital gains rates, index capital assets for
inflation, and repeal estate and gift taxes and the tax on
generation-skipping transfers, (see S. 1635), S730 [12FE]
------ repeal application of the alternative minimum tax to the
transfer of stock pursuant to an incentive stock option, (see
H.R. 4279), H5956 [20JY]
------ simplify individual capital gains tax, (see H.R. 3623), H2052
[1AP]
------ tax credits relative to elementary and secondary school
construction, (see S. 1705), S1336 [4MR], (see H.R. 3320), H850
[4MR]
------ treatment of bonds issued to acquire renewable resources on
land subject to conservation easement, (see H.R. 4301), H6186
[22JY]
------ treatment of certain bonds issued by local governments in
connection with delinquent real property taxes, (see H.R. 4069),
H4711 [17JN]
------ treatment of certain transfers of assets and liabilities to a
corporation, (see H.R. 4852), H11549 [19OC]
------ treatment of individual investment accounts, (see H.R. 3497),
H1298 [18MR]
------ treatment of individual retirement accounts, (see H.R. 3102),
H63 [27JA]
------ treatment of tax-exempt bond financing of certain electrical
output facilities, (see S. 2182), S6487 [17JN]
------ treatment of tax-exempt bond financing of certain electrical
output facilities, (see H.R. 4732), H10075 [8OC]
Cloture motions
Financial institutions: increase competition in the financial
services sector (H.R. 10), motion to proceed, S11239 [1OC],
S11437 [5OC], S11648 [7OC]
Conference reports
Securities Litigation Uniform Standards Act (S. 1260), H10266-H10270
[9OC], H10771-H10776 [13OC]
------ Correction, S12590 [14OC], H11020 [15OC]
Cost Estimates
SEC limitation on the collection of certain fees (H.R. 4213): CBO,
E1875 [1OC]
Descriptions
Tax Credits Relative to Elementary and Secondary School Construction
(H.R. 3320), E278 [4MR]
Explanations
Financial Services Act (H.R. 10): Bliley Amendment on Strengthening
Investor and Consumer Protections, H3178 [13MY]
------ Gorton Amendment on Grandfathered Thrift Holding Company
Regulations, S11353 [2OC]
------ Representatives Bliley and Dingell, E1054-E1056 [5JN]
Tax Treatment of Certain Transfers of Assets and Liabilities to a
Corporation (H.R. 4852), E2236 [19OC]
Treatment of Tax-Exempt Bond Financing of Certain Electrical Output
Facilities (S. 2182), S6490 [17JN]
Letters
Creation of a new class of bonds for new school construction:
several Senators, S10530 [17SE]
Creation of a new class of bonds for new school construction and
renovation: Alan Reuther, International Union, United
Automobile, Aerospace & Agricultural Implement Workers of
America, S3345 [21AP]
----- Andrew Rotherham, American Association of School
Administrators, S3344 [21AP]
----- Dorothy Strickler, S3343 [21AP]
----- Gerald D. Morris, American Federation of Teachers, S3345
[21AP]
----- Gerald W. McEntee, American Federation of State, County and
Municipal Employees, S3345 [21AP]
----- Mary Elizabeth Teasley, National Education Association, S3343
[21AP]
----- Patricia Loera and Raul Gonza�1lez, Hispanic Education
Coalition, S3345 [21AP]
----- Peggy Taylor, AFL-CIO, S3344 [21AP]
----- President Clinton, S3337 [21AP]
----- Robert Canavan, Rebuild America's Schools (organization),
S3344 [21AP]
----- Shirley Igo, National PTA, S3344 [21AP]
Financial Services Act: Mary Griffin, Consumers Union, H3177 [13MY]
Investment of Social Security trust funds in marketable securities:
Alan Greenspan, FRS, H4970 [23JN]
SEC limitation on the collection of certain fees: Representative
Archer, Committee on Ways and Means (House), E1874 [1OC]
Securities Litigation Uniform Standards Act: Arthur Levitt, Isaac
C. Hunt, Jr., and Laura S. Unger, SEC, S4780 [13MY]
------ Arthur Levitt, Issac C. Hunt, Jr., and Laura S. Unger, SEC,
H6062 [21JY]
------ Barbara L.N. Roper, Consumer Federation of America, H6056
[21JY]
------ Barbara Roper, Consumer Federation of America, S4785 [13MY]
------ Bruce Lindsey and Gene Sperling, Executive Office of the
President, S4781 [13MY], H6061 [21JY]
------ Bruce Lindsey and Gene Sperling, Executive Office of the
President, H10784 [13OC]
------ Norman S. Johnson, SEC, S4786 [13MY], H6062 [21JY]
------ Peggy Taylor, AFL-CIO, S4785 [13MY]
------ Richard H. Walker, SEC, S4801 [13MY]
------ SEC, S12445 [13OC], S12450 [13OC], H10784 [13OC], H10785
[13OC]
------ Senator Reed, S12906 [21OC], H10777 [13OC]
------ Senators D'Amato, Gramm, and Dodd, H6062 [21JY]
------ Senators D'Amato, Gramm, and Dodd, S12449 [13OC], H10784
[13OC]
------ several governmental organizations, S4783 [13MY]
------ several law professors, S4784 [13MY]
------ several State and local government organizations, H6056
[21JY], H6058 [21JY]
Tax treatment of liquidations of closely held corporations or
property to transfer assets to charitable organizations:
several charitable organizations, S12829 [21OC]
Taxation treatment of liquidations of closely held corporations or
property to transfer assets to charitable organizations:
several nonprofit organizations, E2106 [13OC]
Lists
Cosponsors of H.R. 4213, SEC limitation on the collection of certain
fees, E1874 [1OC]
Organizations supporting the Moseley-Braun amendment to H.R. 2646,
Education Savings Act for Public and Private Schools, creation
of a new class of bonds for new school construction and
renovation, S3343 [21AP]
Memorandums
Tax Treatment of Individual Retirement Accounts: Lindy L. Paull,
Committee on Taxation (Joint), S4384 [6MY], S4388 [6MY]
Motions
Courts: limit the conduct of securities class actions under State
law (S. 1260), S4810 [13MY], H6121 [22JY]
Financial institutions: increase competition in the financial
services sector (H.R. 10), S12128 [9OC]
Papers
Modernize Schools for the 21st Century, H955 [10MR]
Remarks in House
Business and industry: improve competitiveness of U.S. business and
promote foreign commerce (H.R. 4353), E1496 [31JY], E1524 [3AU]
------ improve competitiveness of U.S. business and promote foreign
commerce (H.R. 4353), H10302-H10306 [9OC], E2076 [11OC], E2095
[12OC], E2096 [12OC]
Courts: judicial review of adoption of accounting principles
applicable to issuers of federally-registered securities (H.R.
3165), E120 [5FE]
------ limit the conduct of securities class actions under State law
(H.R. 1689), H6052-H6064 [21JY], E1383 [22JY], E1385 [22JY],
E1390 [22JY], E1402 [23JY], E1424 [24JY], E1440 [24JY] limit the
conduct of securities class actions under State law (S. 1260),
H6120 [22JY] limit the conduct of securities class actions under
State law (S. 1260), insert H.R. 1689 language in lieu, H6121
[22JY]
------ limit the conduct of securities class actions under State law
(S. 1260), conference report, H10771-H10787 [13OC],
H11019-H11022 [15OC], E2246 [20OC], E2296 [21OC]
Economy: economic impact of a depreciating currency, H2375-H2377
[28AP]
Financial institutions: allow operating subsidiaries to offer
certain new financial services and strengthen investor and
consumer protections, H3185-H3192 [13MY]
------ allow retention of ``Federal'' in name of depository
institutions converted to a national or State bank, H3218
[13MY], H3219 [13MY]
------ GAO study of economic impact from increased competition,
H3213 [13MY], H3214 [13MY]
------ GAO study on limiting fees or costs incurred by customers
acquiring financial products, H3218 [13MY]
------ increase competition in the financial services sector (H.R.
10), H1306 [19MR], H1687 [27MR], H1784 [31MR], H2691 [30AP],
H2773 [5MY], H3132-H3222 [13MY], E434 [19MR], E950 [22MY], E953
[22MY], E1054 [5JN] increase competition in the financial
services sector (H.R. 10), consideration (H. Res. 403),
H1824-H1831 [31MR], H1885 [1AP] increase competition in the
financial services sector (H.R. 10), consideration (H. Res.
428), H3122-H3132 [13MY]
------ limit the percentage of gross annual revenue financial
holding companies can derive from nonfinancial activities,
H3204-H3213 [13MY], E953 [22MY]
------ modify insurance requirements for smaller banks, prohibit
sale of unitary thrifts to commercial enterprises, and allow
operating subsidiaries to offer certain new financial services,
H3197-H3203 [13MY]
------ strengthen investor and consumer protections, H3176-H3182
[13MY]
------ study of derivatives regulation (H.R. 4062), E1138 [16JN],
E1505 [31JY]
------ sunset on requirement that banks purchase an insurance agency
to conduct insurance activities in other States, H3220 [13MY]
FRS: bailout of Long-Term Capital, Ltd., hedge fund, H9208 [1OC],
H9211 [1OC], H9507 [5OC], H10652-H10654 [12OC], E1894 [2OC]
Republican Party: national agenda, H5506 [15JY]
SEC: limit collection of certain fees (H.R. 4120), E1231 [25JN]
------ limit collection of certain fees (H.R. 4213), E1874 [1OC]
Social Security: investment of trust funds in marketable securities
(H.R. 3822), H3029 [12MY]
----- investment of trust funds in marketable securities (H.R.
4033), H4970 [23JN], H5069 [24JN], H6515 [29JY]
------ investment of trust funds in marketable securities, H7434
[9SE]
------ investment of trust funds in marketable securities (H.R.
4033), H7929 [17SE]
Taxation: capital gains rates, H2084 [21AP]
------ capital gains rates (H.R. 4125), H5069 [24JN], E1224 [25JN]
------ cost-of-living adjustment for unified estate and gift tax
credit (H.R. 3945), E955 [22MY]
------ creation of a new class of bonds for new school construction
(H.R. 2695), H108 [3FE], H373 [5FE], H1431-H1439 [24MR]
------ creation of a new class of bonds for new school construction
(H.R. 2695), H10812 [13OC]
------ expand the exclusion for qualified small business stock and
increase the annual limit for incentive stock options (H.R.
4685), E1892 [2OC]
------ increase State cap on private activity bonds (H.R. 979), E652
[23AP]
------ permit early distributions from employee stock ownership
plans for higher education expenses and first-time homebuyer
purchases (H.R. 4740), E1965 [8OC]
------ permit 401(k) contributions which would otherwise be limited
by employer contributions to employees stock ownership plans
(H.R. 4741), E1965 [8OC]
------ provide a source of interest-free capital for school
construction and renovation in States experiencing increased
enrollment (H.R. 3652), H4336 [10JN], H4726 [18JN], H4733
[18JN], H6076 [22JY], E583 [2AP]
------ rates, H724-H730 [3MR]
------ simplify individual capital gains tax, H5361 [25JN], H5362
[25JN]
------ simplify individual capital gains tax (H.R. 3623), H2039
[1AP], E1618 [7AU]
------ tax credits relative to elementary and secondary school
construction, H2938-H4724 [13MY]
Courts: clarify definition of the term ``class action'',
S4808-S4810 [13MY]
------ limit the conduct of securities class actions under State law
(S. 1260), S4778-S4816 [29JY] limit the conduct of securities
class actions under State law (S. 1260), unanimous-consent
agreement, S4710 [12MY], S4772 [13MY] limit the conduct of
securities class actions under State law (S. 1260), unanimous-
consent request, S4612 [11MY], S4613 [11MY]
------ limit the conduct of securities class actions under State law
(S. 1260), S12444-S12450 [13OC]
------ limit the conduct of securities class actions under State law
(S. 1260), conference report, S12579 [14OC], S12589 [14OC],
S12737 [20OC], S12738 [20OC], S12906 [21OC]
------ preserve right of State and local governments and their
pension programs to bring securities fraud suits under State
law, S4811 [13MY]
Employment: submission of employee discrimination claims to
mandatory and binding arbitration, S4793 [13MY], S4794 [13MY]
Financial Accounting Standards Board: setting accounting standards
for financial derivatives, S1363 [4MR]
Financial institutions: increase competition in the financial
services sector (H.R. 10), S5344 [21MY]
------ increase competition in the financial services sector (H.R.
10), S10971 [25SE], S11178-S11180 [30SE], S11304 [1OC], S11540
[6OC], S11912 [8OC] increase competition in the financial
services sector (H.R. 10), motion to proceed, S11239 [1OC],
S11437-S11442 [5OC], S11647 [7OC] increase competition in the
financial services sector (H.R. 10), motion to proceed--
unanimous-consent agreement, S11442 [5OC] increase competition
in the financial services sector (H.R. 10), motion to recommit,
S12129 [9OC] increase competition in the financial services
sector (H.R. 10), unanimous-consent agreement, S11688 [7OC],
S11911 [8OC] increase competition in the financial services
sector (H.R. 10), unanimous-consent request, S11239 [1OC]
SEC: payment of certain transaction fees, S3096 [2AP]
Taxation: capital gains rates, S7651 [8JY], S7659-S7662 [8JY],
S7721 [9JY], S7919 [10JY]
------ capital gains rates (S. 2214), S7698 [8JY]
------ creation of a new class of bonds for new school construction,
S2247 [19MR] creation of a new class of bonds for new school
construction (S. 1753), S1887 [12MR] creation of a new class of
bonds for new school construction and renovation, S3326 [21AP],
S3335-S3346 [21AP]
------ creation of a new class of bonds for new school construction,
S10529 [17SE]
------ exempt small issue bonds for agriculture from the State
volume cap (S. 2501), S10591 [18SE]
------ increase State cap on private activity bonds (S. 1251),
S6501-S6503 [17JN]
------ issuance of tax-exempt private activity bonds to assist
States in the construction and rehabilitation of public schools
(S. 2397), S9559 [31JY]
------ reduce holding period for certain capital gains rates (S.
1748), S1884 [12MR]
------ reduce maximum capital gains rates, index capital assets for
inflation, and repeal estate and gift taxes and the tax on
generation-skipping transfers (S. 1635), S731-S733 [12FE], S4846
[14MY], S7919 [10JY]
------ tax credits relative to elementary and secondary school
construction, S2169-S2171 [18MR], S2898-S2905 [1AP], S2914-S2917
[1AP], S2948 [1AP] tax credits relative to elementary and
secondary school construction (S. 1705), S1336-S1341 [4MR]
------ treatment of estate, gift, and generation-skipping transfer
taxes, S254 [2FE]
------ treatment of individual retirement accounts, S4380 [6MY],
S4383 [6MY], S4384 [6MY], S4388-S4390 [6MY]
------ treatment of liquidations of closely held corporations or
property to transfer assets to charitable organizations, S12828
[21OC]
------ treatment of tax-exempt bond financing of certain electrical
output facilities (S. 2182), S6488-S6491 [17JN]
Reports filed
Consideration of H.R. 10, Financial Services Act: Committee on
Rules (House) (H. Res. 403) (H. Rept. 105-474), H1776 [30MR]
----- Committee on Rules (House) (H. Res. 428) (H. Rept. 105-531),
H3104 [12MY]
Financial Services Act: Committee on Banking, Housing, and Urban
Affairs (Senate) (H.R. 10) (S. Rept. 105-336), S10588 [18SE]
Increase Financial Services Industry Competition: Committee on
Commerce (House) (H.R. 10) (H. Rept. 105-164), H99 [28JA]
International Anti-Bribery and Fair Competition Act: Committee on
Commerce (House) (H.R. 4353) (H. Rept. 105-802), H10075 [8OC]
Nomination of Arthur Levitt, Jr., to the SEC: Committee on Banking,
Housing, and Urban Affairs (Senate), S3119 [2AP]
Securities Litigation Uniform Standards Act: Committee of
Conference (House) (S. 1260) (H. Rept. 105-803), H10351 [9OC]
------ Committee on Banking, Housing, and Urban Affairs (Senate) (S.
1260) (S. Rept. 105-182), S4206 [4MY]
------ Committee on Commerce (House) (H.R. 1689) (H. Rept. 105-640),
H6069 [21JY]
Statements
Regulation of Derivatives and Hedge Funds: Greg Kaza, E1894 [2OC]
Securities Litigation Uniform Standards Act: Representative Klink,
H10779 [13OC]
------ several Representatives, H10778 [13OC]
Summaries
Expand and Rebuild America's Schools Act (S. 1753), S1889 [12MR]
Public School Modernization Act (S. 1705), S1341 [4MR]
Tables
Changes in capital gains tax rates under the Capital Gains Tax
Simplification Act, H2040 [1AP], H5361 [25JN]
State comparison of statute of limitations and aiding and abetting
liability, H10778 [13OC]
State comparisons of statute of limitations and aiding and abetting
liability, H6059 [21JY]
Texts of
H. Res. 403, consideration of H.R. 10, Financial Services Act, H1824
[31MR]
H. Res. 428, consideration of H.R. 10, Financial Services Act, H3122
[13MY]
H.R. 10, Financial Services Act, S11912-S11942 [8OC], H3143-H3172
[13MY]
H.R. 1689, Securities Litigation Uniform Standards Act, H6052-H6055
[21JY]
H.R. 4062, Financial Derivatives Supervisory Improvement Act, E1139
[16JN]
H.R. 4213, SEC limitation on the collection of certain fees, E1874
[1OC]
H.R. 4353, International Anti-Bribery and Fair Competition Act,
H10302-H10305 [9OC]
S. 1260, Securities Litigation Uniform Standards Act, S4778 [13MY],
S4815 [13MY], S9318-S9320 [29JY], H6120 [22JY]
S. 1705, Public School Modernization Act, S1338-S1341 [4MR]
S. 1748, Capital Gains Simplification Act, S1884 [12MR]
S. 1753, Expand and Rebuild America's Schools Act, S1888 [12MR]
S. 2182, treatment of tax-exempt bond financing of certain
electrical output facilities, S6489 [17JN]
S. 2397, Public School Construction Partnership Act, S9559 [31JY]
S. Res. 229, anniversary of Chicago Board of Trade, S4746 [12MY]