SECURITIES

Addresses

New Imperialism—The Attack on World Tax Havens: Robert E. Bauman, E1868 [19OC]

Strategies Needed for Today's Economic Problems: Ken Lipper, Lipper & Co., S8192 [7SE]

Technology and the New Economy: Alan Greenspan, FRS, S272-S275 [2FE]

Amendments

SEC: limit collection of certain fees and adjust compensation for employees (S. 2107), S6867 [14JY]

Taxation: phase-out and repeal estate and gift taxes (H.R. 8), S6586, S6610, S6627, S6631, S6634, S6636, S6640, S6656, S6660, S6662, S6692, S6694, S6695, S6697, S6699, S6700, S6701, S6703, S6706, S6708, S6710, S6737, S6739, S6741, S6753, S6761 [13JY], H4148, H4160 [9JN]

———phase-out and repeal estate and gift taxes (H.R. 8), consideration (H. Res. 519), H4085 [8JN]

———treatment of tax-exempt financing for professional sports facilities (S. 224), S9257 [26SE]

Analyses

Commodity Futures Modernization Act (S. 2697), S4825-S4827 [8JN]

Financial Information Privacy Protection Act (S. 2513), S3535 [4MY]

Articles and editorials

Counsel Report on Whitewater Expected Soon, S8276 [8SE]

Democrats' Estate Tax Plan Is Little Known, S6775 [14JY]

Despite Benefits, Democrats' Estate Tax Plan Gets Little Notice, S6587 [13JY]

Developer Hits Riverboat Jackpot—Stock Sale Windfall ``Steams'' Treasurer, S9872 [4OC]

Estate Taxes Threaten Wildlife Habitats, H4137 [9JN]

Hy-Vee, Inc., S6778 [14JY]

Larger Legacy May Await Generations X, Y, and Z, H934 [14MR]

Real Rap on Death and Taxes, S6439 [11JY], S6604 [13JY]

Study Contradicts Foes of Estate Tax, H934 [14MR]

Time To Eliminate the Costly Death Tax, H4025 [7JN]

Bills and resolutions

Bureau of Engraving and Printing: define value of items used in production of securities (see H.R. 4097), H1476 [28MR]

Commodity Exchange Act: reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (see S. 2697), S4820 [8JN] (see S. 3283), S11917 [15DE] (see H.R. 4541), H3867 [25MY] (see H.R. 5660), H12094 [14DE]

Fair Labor Standards Act: clarify treatment of stock options (see S. 2323), S1884 [29MR] (see H.R. 4109), H1587 [29MR] (see H.R. 4182), H1851 [5AP]

Financial institutions: allow payment of Financing Corporation interest obligations from excess deposit insurance fund reserves (see S. 2293), S1747 [27MR] (see H.R. 4082), H1405 [23MR]

———prohibit use or sharing of medical health records or information (see S. 2863), S6677 [13JY]

———strengthen consumer control over use and disclosure of personal financial and health information (see S. 2513), S3514 [4MY] (see H.R. 4380), H2605 [4MY] (see H.R. 4585), H3924 [6JN]

Foreign investments: authorize transaction taxes on short-term cross-border foreign exchange transactions to deter speculation (see H. Con. Res. 301), H2122 [11AP]

Government regulations: provide for regulatory parity for single stock futures (see S. 2765), S5556 [21JN] (see S. 2772), S5662 [22JN]

Income: improve delivery systems for dividends, interest, and other valuable property rights to lost security holders (see H.R. 3997), H1077 [15MR]

Investments: establish Individual Development Accounts for certain individuals and families (see S. 2740), S5240 [15JN]

———increase participation in employee stock purchase plans and individual retirement plans in periods of economic growth attributable to international trade (see S. 2244), S1392 [9MR]

Political campaigns: require candidates for election for Federal office to report to the FEC information on the sale of personal assets (see H.R. 4989), H7205 [27JY]

SEC: limit collection of certain fees and adjust compensation for employees (see S. 2107), S867 [28FE]

Social Security: repeal tax increase on benefits, eliminate earnings test for retirement age individuals, and raise age for minimum distributions from pension plans (see S. 2180), S1118 [2MR]

Taxation: allow a long-term capital gains deduction for individuals (see S. 3174), S9945 [5OC]

———allow an income tax credit to holders of bonds issued to finance land and water reclamation for the anthracite region of Pennsylvania (see H.R. 4314), H2338 [13AP]

———allow tax credit to holders of qualified bonds issued by an intercity passenger rail carrier (see H.R. 3700), H572 [29FE]

———encourage the granting of employee stock options (see H.R. 4972), H7128 [26JY]

———exclude from gross income gain from the sale of securities which are used to pay for higher education expenses (see H.R. 4993), H7205 [27JY]

———expand the exclusion for qualified small business stock and increase the annual limit for incentive stock options (see S. 3096), S9033 [22SE]

———increase unified estate and gift tax credit (see H.R. 5138), H7365 [7SE]

———increase unified estate and gift tax credit and provide for inflation adjustment (see H.R. 4112), H1587 [29MR] (see H.R. 4324), H2339 [13AP] (see H.R. 5129), H7364 [7SE]

———permit advanced refunding of private activity bonds with general obligation bonds if the governmental issuer takes over the private activity bond (see H.R. 4155), H1674 [3AP]

———phase-out and repeal estate and gift taxes (H.R. 8), consideration (see H. Res. 519), H4034 [7JN]

———reduce estate and gift tax rates (see H.R. 5315), H8405 [27SE]

———reduce estate and gift tax rates and increase the exclusion equivalent of the unified credit (see H.R. 5058), H7208 [27JY]

———treatment of employee stock purchase plans (see S. 3265), S11423 [31OC]

———treatment of gold, silver, and platinum in the same manner as stocks and bonds for purposes of maximum capital gains rates (see S. 2678), S4564 [6JN] (see H.R. 4170), H1763 [4AP]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (see S. 2874), S6841 [14JY] (see H.R. 3905), H931 [13MR]

———waive income inclusion on a distribution from an individual retirement account or a section 401(k) plan if the distribution is contributed to charity (see H.R. 4433), H2966 [11MY]

Cloture motions

Taxation: phase-out and repeal estate and gift taxes (H.R. 8), S6296 [30JN]

Cost Estimates

Commodity Futures Modernization Act (H.R. 4541): CBO (Private Sector Mandates), H9867 [12OC]

Explanations

Commodity Futures Modernization Act: Committee on Taxation (Joint), H10442-H10444 [19OC]

Factsheets

Individual Development Accounts—Federal Policy, S5267 [15JN]

Letters

Commodity Exchange Act reauthorization and amendments: Lawrence H. Summers, Arthur Levitt, Alan Greenspan, and William J. Rainer, President's Working Group on Financial Markets, S11897 [15DE], S11947 [2JA]

Commodity Futures Modernization Act: Chicago Board of Trade and Chicago Mercantile Exchange, E1940 [25OC]

———Kenneth L. Lay, Enron Corp., E1940 [25OC]

———Kenneth M. Raisler, E1940 [25OC]

———Marc E. Lackritz and Steve Judge, Securities Industry Association, E1940 [25OC]

———Matthew P. Fink, Investment Company Institute, E1941 [25OC]

———Representative Archer, Committee on Ways and Means (House), H10442 [19OC]

———Representative Hyde, Committee on the Judiciary (House), E1877 [23OC]

———Representative Leach, Committee on Banking and Financial Services (House), E1878 [23OC]

———several financial investment groups, E1940 [25OC]

———several organizations, E1940 [25OC]

———William J. Rainer, CFTC, H8437 [28SE]

Death Tax Elimination Act, H7719 [18SE]

———Alexander Leventhal, S6609 [13JY]

———Ayron Pickerill, S6424 [11JY]

———Todd M. Kolber, H4156 [9JN]

Estate taxes: John M.J. Holliday, E2095 [14NO]

Expand the exclusion for qualified small business stock and increase the annual limit for incentive stock options: Cheryl C. Timberlake, Biotechnology Association of Maine, S9034 [22SE]

———Dan Danner, National Federation of Independent Business, S9034 [22SE]

———Patrick Von Bargen, National Commission on Entrepreneurship, S9034 [22SE]

Federal Housing Finance Board allocation of authority to Federal Home Loan Banks to guarantee school construction bonds: Deborah F. Silberman and William W. Ginsberg, Federal Housing Finance Board, S1096 [2MR]

Independent counsel authority to release report on investigation into Whitewater and White House related activities: Senator Levin, S8275 [8SE]

Prohibit listing of Chinese companies on U.S. stock markets: Richard A. Grasso, New York Stock Exchange, Inc., S8325 [11SE]

Tax treatment of employee stock purchase plans: John P. Palafoutas, American Electronics Association, S11424 [31OC]

———Roderic W. Lewis, Micron Technology, Inc., S11424 [31OC]

Worker Economic Opportunity Act: Gary J. Bonadonna, Union of Needletrades, Industrial and Textile Employees, S2582 [12AP], H2444 [3MY]

———James A. Klein, Association of Private Pension and Welfare Plans, H2444 [3MY]

———Mark J. Ugoretz, ERISA Industry Committee, S2582 [12AP], H2445 [3MY]

———Patrick J. Cleary, National Association of Manufacturers, H2444 [3MY]

———R. Bruce Josten, U.S. Chamber of Commerce, S2576 [12AP], H2445 [3MY]

———Rhett B. Dawson, Information Technology Industry Council, H2445 [3MY]

Lists

Amendments to H.R. 8, Death Tax Elimination Act, S6645 [13JY]

Family Business Estate Tax Coalition, S6437 [11JY]

Supporters of H.R. 4541, Commodity Futures Modernization Act, E1939 [25OC]

Messages

Veto of H.R. 8, Death Tax Elimination Act: President Clinton, H7240 [6SE]

Motions

Taxation: phase-out and repeal estate and gift taxes (H.R. 8), S6627, S6631, S6636, S6640, S6651, S6663 [13JY], S6768, S6769 [14JY], H4160 [9JN]

Papers

Death Tax Devastation—Horror Stories From Middle-Class America: William W. Beach, Heritage Foundation, S6772-S6774 [14JY]

Poems

``Tax His Cow'', H4153 [9JN]

Press releases

Stock Option Bill Unanimously Approved by Senate; LPA-Backed Legislation Moves to House: LPA, Inc., H2445 [3MY]

Remarks in House

Commodity Exchange Act: reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives, H12485, H12488, H12491, H12495, H12497, H12498, H12501 [15DE], E2181 [14DE]

———reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (H.R. 4541), H8436 [28SE], H9867 [12OC], H10411-H10449 [19OC], E858 [25MY], E1858 [19OC], E1877, E1878-E1880 [23OC], E1930, E1939 [25OC]

———reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (H.R. 4541), permission to file report, H10365 [19OC]

Economy: impact of foreign policy on domestic economic conditions, H9866 [12OC]

Fair Labor Standards Act: clarify treatment of stock options (H.R. 4109), E455 [30MR]

———clarify treatment of stock options (H.R. 4182), E498 [5AP]

———clarify treatment of stock options (S. 2323), H2437-H2449 [3MY], E628 [3MY]

Financial institutions: ensure consumer privacy when establishing a framework for the affiliation of banks, securities firms, and other financial service providers (H.R. 3320), E1652 [3OC]

———ensure personal financial privacy and give customers notice and choice about how institutions share or sell personally identifiable sensitive financial information (S. 1924), H2661 [9MY]

———strengthen consumer control over use and disclosure of personal financial and health information (H.R. 4380), E652, E653 [4MY]

———strengthen consumer control over use and disclosure of personal financial and health information (H.R. 4585), H6606 [20JY]

Public debt: reduce by declaring Federal Reserve notes to be official currency enabling return of Treasury bonds and reduction of interest payments, H6360 [18JY], H8040 [25SE], H8894 [5OC]

SEC: proposed rule affecting consulting affiliates of auditing firms, H10225 [18OC], E1852 [19OC]

———recordkeeping requirements relative to the purchase of penny stocks, H4360, H4361 [14JN]

———require improved disclosure of after-tax returns relative to mutual fund performance (H.R. 1089), H1648-H1651 [3AP]

Taxation: allow an income tax credit to holders of bonds issued to finance land and water reclamation for the anthracite region of Pennsylvania, H6825 [25JY]

———allow an income tax credit to holders of bonds issued to finance land and water reclamation for the anthracite region of Pennsylvania (H.R. 4314), E2001 [28OC]

———clarify certain existing limitations on private business use of facilities financed with tax-exempt bonds (H.R. 2398), E791 [19MY]

———condition phase-out and repeal of estate and gift taxes on solvency of Social Security and Medicare and public debt reduction, H4078, H4081-H4085 [8JN], H4132, H4135, H4138, H4145 [9JN], E974 [12JN]

———creation of a new class of bonds for new school construction (H.R. 415), E1853 [19OC]

———encourage the granting of employee stock options (H.R. 4972), E1339 [27JY]

———phase-out and repeal estate and gift taxes, H547-H552 [29FE], H846, H849, H859, H862, H864 [9MR], H933, H939 [14MR], H2105 [11AP], H5730-H5732 [10JY], H11593 [30OC]

———phase-out and repeal estate and gift taxes (H.R. 8), H362 [14FE], H3911 [6JN], H3931, H3932, H3933, H3934, H3935, H4024-H4031 [7JN], H4047, H4108-H4115 [8JN], H4123, H4124, H4125, H4126, H4127, H4128-H4164, H4169 [9JN], H5850 [12JY], H6474, H6588-H6593 [19JY], H6758-H6764 [24JY], E941 [9JN], E974, E975, E977 [12JN], E1008, E1009 [14JN], E1364 [27JY]

———phase-out and repeal estate and gift taxes (H.R. 8), consideration (H. Res. 519), H4077-H4087 [8JN]

———phase-out and repeal estate and gift taxes (H.R. 8), motion to recommit, H4161-H4163 [9JN]

———phase-out and repeal estate and gift taxes (H.R. 8), veto, H7220, H7241, H7247, H7259-H7264 [6SE], H7284, H7285, H7322-H7335, H7351-H7357 [7SE], H7719 [18SE], E1504 [18SE]

———provide a source of interest-free capital for school construction and renovation in States experiencing increased enrollment (H.R. 996), H969 [14MR], H1741 [4AP], H2553 [4MY], H6764-H6770 [24JY]

———rates, H6091-H6097 [17JY]

———reduce estate and gift tax rates, H8788 [4OC]

———reduce individual income tax rates, provide marriage penalty and estate and gift tax relief, reduce taxes on savings and investments, and establish incentives for education and health care (H.R. 2488), veto, H2501 [3MY], H7220 [6SE], H7379 [12SE]

———repeal estate and gift taxes, H3162-H3164 [16MY]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (H.R. 3905), E287 [13MR]

Remarks in Senate

Clinton, Hillary Rodham: independent counsel authority to release report on investigation into Whitewater and White House related activities, S8274 [8SE]

Commodity Exchange Act: reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives, S11866, S11878, S11896 [15DE], S11946 [2JA]

———reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (S. 2697), S4823-S4827 [8JN]

———reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (S. 3283), S11924-S11927, S11941 [15DE]

Fair Labor Standards Act: clarify treatment of stock options (S. 2323), S1906-S1908, S1924 [29MR], S2575-S2586 [12AP]

———clarify treatment of stock options (S. 2323), unanimous-consent agreement, S2565, S2568 [12AP]

Federal Housing Finance Board: allocate authority to Federal Home Loan Banks to guarantee school construction bonds, S1096, S1097 [2MR]

Financial institutions: allow payment of Financing Corporation interest obligations from excess deposit insurance fund reserves (S. 2293), S1810 [28MR], S1875 [29MR]

———ensure personal financial privacy and give customers notice and choice about how institutions share or sell personally identifiable sensitive financial information (S. 1924), S11778 [14DE]

———strengthen consumer control over use and disclosure of personal financial and health information (S. 2513), S3532-S3537 [4MY], S11779 [14DE]

Investments: establish Individual Development Accounts for certain individuals and families (S. 2740), S5264-S5267 [15JN]

———increase participation in employee stock purchase plans and individual retirement plans in periods of economic growth attributable to international trade (S. 2244), S1416 [9MR]

———reauthorize and amend to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives-S11868 [15DE]

SEC: require corporations to disclose foreign investment information, S8396 [12SE], S8539-S8544 [14SE]

Social Security: prohibit investment of trust funds in private financial markets, S2388, S2389 [7AP], S3684 [9MY], S4290 [23MY]

———repeal tax increase on benefits, eliminate earnings test for retirement age individuals, and raise age for minimum distributions from pension plans (S. 2180), S1126 [2MR]

Taxation: allow a credit to holders of qualified bonds issued by Amtrak, S11827-S11832, S11860 [15DE]

———allow a credit to holders of qualified bonds issued by Amtrak (S. 1900), S9402 [27SE]

———allow tax credit to holders of qualified bonds issued by an intercity passenger rail carrier, S11205 [27OC]

———expand the exclusion for qualified small business stock and increase the annual limit for incentive stock options (S. 3096), S9033-S9035 [22SE]

———phase-out and repeal estate and gift taxes, S2278, S2279, S2282 [6AP], S6323 [10JY]

———phase-out and repeal estate and gift taxes (H.R. 8), S6295, S6296 [30JN], S6329-S6334 [10JY], S6586-S6591, S6600-S6669 [13JY], S6767-S6781, S6817 [14JY], S7012-S7014 [17JY], S7084, S7085, S7150 [18JY], S7500-S7502 [25JY], S7608 [26JY]

———phase-out and repeal estate and gift taxes (H.R. 8), motion to proceed, S6296, S6297 [30JN], S6403-S6408, S6411, S6448 [11JY], S6485-S6497 [12JY]

———phase-out and repeal estate and gift taxes (H.R. 8), unanimous-consent agreement, S6497 [12JY], S6644, S6645 [13JY]

———phase-out and repeal estate and gift taxes (H.R. 8), unanimous-consent request, S6764 [13JY]

———phase-out and repeal estate and gift taxes (H.R. 8), veto, S7998 [5SE], S8099 [6SE], S8633 [15SE]

———rates, S7429-S7431 [21JY], S7587-S7589 [26JY]

———repeal estate, gift, and generation-skipping transfer taxes (S. 1128), S5101 [14JN]

———treatment of employee stock purchase plans (S. 3265), S11423 [31OC]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (S. 2874), S6843 [14JY]

———treatment of tax-exempt financing for professional sports facilities (S. 224), S9257 [26SE]

University of Alaska-Fairbanks: tribute to School of Management Student Investment Fund, S505 [8FE]

Reports filed

Commodity Futures Modernization Act: Committee on Agriculture, Nutrition, and Forestry (Senate) (S. 2697) (S. Rept. 106-390), S8019 [5SE]

———Committee on Agriculture (House) (H.R. 4541) (H. Rept. 106-711), H5654 [29JN]

———Committee on Banking and Financial Services (House) (H.R. 4541) (H. Rept. 106-711), H7279 [6SE], H10472 [19OC]

———Committee on Commerce (House) (H.R. 4541) (H. Rept. 106-711), H7279 [6SE]

Competitive Market Supervision Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2107) (S. Rept. 106-360), S7542 [25JY]

Consideration of H.R. 8, Death Tax Elimination Act: Committee on Rules (House) (H. Res. 519) (H. Rept. 106-658), H4034 [7JN]

Day Trading—Case Studies and Conclusions: Committee on Governmental Affairs (Senate) (S. Rept. 106-364), S7837 [27JY]

Death Tax Elimination Act: Committee on Ways and Means (House) (H.R. 8) (H. Rept. 106-651), H3924 [6JN]

Fairness in Securities Transactions Act: Committee on Commerce (House) (H.R. 2441) (H. Rept. 106-1034), H12534 [2JA]

Medical Financial Privacy Protection Act: Committee on Banking and Financial Services (House) (H.R. 4585) (H. Rept. 106-773), H6717 [20JY]

Mutual Fund Tax Awareness Act: Committee on Commerce (House) (H.R. 1089) (H. Rept. 106-547), H1412 [27MR]

Statements

Commodity Futures Modernization Act: Executive Office of the President, H10441 [19OC], E1939 [25OC]

Worker Economic Opportunity Act: Sponsoring Senators, S2576-S2581 [12AP]

Worker Economic Opportunity Act (S. 2323), H2437-H2443 [3MY]

Studies

Estate Tax Repeal—A Windfall for the Wealthiest Americans: Iris J. Lav and James Sly, Center on Budget and Policy Priorities, S6417-S6419 [11JY]

Tables

Estate tax comparison on $2 million estate, H4139 [9JN]

Texts of

H.R. 8, Death Tax Elimination Act, H4128-H4131 [9JN]

H.R. 1089, Mutual Fund Tax Awareness Act, H1649 [3AP]

H.R. 4541, Commodity Futures Modernization Act, H10416-H10440 [19OC]

S. 2244, Working Families Trade Bonus Act, S1417-S1419 [9MR]

S. 2323, Worker Economic Opportunity Act, S1973 [30MR], S2586 [12AP], H2437 [3MY]

S. 2513, Financial Information Privacy Protection Act, S3532-S3535 [4MY]

S. 2874, Life Insurance Tax Simplification Act, S6843 [14JY]