SECURITIES

Amendments

Aviation: preserve the continued viability of the U.S. air transportation system (H.R. 2891), H5929 [21SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), H5929 [21SE]

SEC: limit collection of certain fees and adjust compensation for employees (H.R. 1088), H3069, H3072 [12JN], H3174 [14JN]

———limit collection of certain fees and adjust compensation for employees (S. 143), S2784, S2785, S2788 [22MR]

Taxation: phase out estate and gift taxes (H.R. 8), H1445 [4AP]

Articles and editorials

Estate Tax Reform Must Be First Step To Fixing System, S368 [22JA]

Real Relief—A Capital-Gains Tax Cut, S5044 [17MY]

Tax Break's Unfortunate Legacy, H2842 [25MY]

Bills and resolutions

Aviation: preserve the continued viability of the U.S. air transportation system (see S. 1450), S9620 [21SE] (see H.R. 2891), H5703 [14SE] (see H.R. 2926), H5926 [21SE] (see H.R. 3055), H6421 [5OC]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), consideration (see H. Res. 244), H5924 [21SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), consideration (H. Res. 244), same-day consideration (see H. Res. 242), H5924 [21SE]

Dept. of the Treasury: issue 21st Century Independence Savings Bonds (see H.R. 3111), H6780 [12OC]

———issue U.S. Defense of Freedom Bonds to aid in funding the war against terrorism (see S. 1432), S9440 [14SE] (see H.R. 3021), H6378 [4OC]

———issue Unity Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (see S. 1430), S9440 [14SE]

———issue Victory Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (see H.R. 2900), H5736 [19SE]

———issue War Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (see S. 1431), S9440 [14SE] (see H.R. 2899), H5727 [17SE]

———prohibit use of surplus funds to make any investment in securities, other than Government and municipal securities (see H.R. 2132), H3066 [12JN]

Financial institutions: allow payment of Financing Corporation interest obligations from excess deposit insurance fund reserves (see H.R. 557), H258 [12FE]

———amend banking laws relative to offshore activities, investments, and certain bank affiliations (see H.R. 2273), H3464 [21JN]

———ensure consumer privacy when establishing a framework for the affiliation of banks, securities firms, and other financial service providers (see H.R. 2720, 2730), H5333 [2AU]

———safeguard the public from fraud and streamline and facilitate efforts of Federal and State regulators to share antifraud information (see H.R. 1408), H1482 (see H.R. 1408), H1492 [4AP]

———strengthen consumer control over use and disclosure of personal financial and health information (see S. 30), S98 [22JA] (see S. 450), S1747 [1MR]

———use national standard for protection of personal financial information and establish Presidential commission to study impact on national security (see H.R. 3068), H6458 [9OC]

Government National Mortgage Association: authorize the guarantee of conventional mortgage-backed securities (see S. 1620), S11362 [1NO] (see H.R. 3206), H7717 [1NO]

Investments: establish individual development accounts for certain individuals and families (see S. 592), S2662 [21MR] (see S. 1025), S6211 [13JN] (see H.R. 2160), H3149 [13JN]

Pensions: ensure that individual account retirement plans protect workers by limiting the amount of employer stock each worker may hold and encouraging diversification of investment of plan assets (see S. 1838), S13464 [18DE]

———provide additional fiduciary protections for participants and beneficiaries under employee stock ownership plans relative to lockdowns placed on plan assets (see H.R. 3509), H10355 [18DE]

SEC: augment emergency authority (see H.R. 3060), H6458 [9OC]

———limit collection of certain fees (see H.R. 1311), H1344 [29MR] (see H.R. 1480), H1486 (see H.R. 1480), H1496 [4AP]

———limit collection of certain fees and adjust compensation for employees (see S. 143), S101 [22JA] (see H.R. 1088), H959 [19MR]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), consideration (see H. Res. 161), H3066 [12JN]

———review annual reports of accounting standards-setting bodies (see H.R. 1732), H1924 [3MY]

Social Security: invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (see H.R. 96), H27 [3JA] (see H.R. 219), H63 [6JA]

Taxation: accelerate repeal of estate and generation-skipping transfer taxes and reduction in gift taxes (see H.R. 2631), H4633 [25JY]

———allow a credit for certain corporations which have substantial employee ownership and encourage stock ownership by employees (see H.R. 1062), H953 [15MR]

———allow a credit to holders of qualified bonds issued by Amtrak (see S. 250), S1062 [6FE] (see H.R. 2329), H3711 [27JN]

———allow an income tax credit to holders of bonds issued to finance land and water reclamation of abandoned mine land areas (see H.R. 3218), H7717 [1NO]

———allow legally separated individuals to exclude U.S. savings bond income from gross income if used to pay higher education expenses (see H.R. 1107), H1011 [20MR]

———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. 465), H220 [7FE]

———alternative minimum tax treatment of incentive stock options (see S. 1831), S13300 [14DE]

———clarify the small issuer exception from the tax-exempt bond arbitrage rebate requirement (see H.R. 3586), H10965 [20DE]

———clarify treatment of incentive stock options and employee stock purchases (see S. 1383), S8911 [3AU] (see H.R. 2695), H5124 [1AU]

———creation of a new class of bonds for new school construction (see H.R. 415), H219 [7FE]

———disregard certain capital expenditures in applying a limit on qualified small issue bonds (see H.R. 3582), H10964 [20DE]

———eliminate capital gains tax (see H.R. 800), H507 [28FE]

———eliminate noncorporate capital gains tax (see H.R. 2042), H2848 [25MY]

———exclude from gross income gain from the sale of securities which are used to pay for higher education expenses (see H.R. 2041), H2848 [25MY]

———exempt small issue bonds for agriculture from the State volume cap (see S. 370), S1463 [15FE]

———expand the exclusion for qualified small business stock and increase the annual limit for incentive stock options (see S. 455), S1817 [5MR]

———expand the exclusion for qualified small business stock and terminate the minimum tax preference for incentive stock options (see S. 1134), S7083 [28JN] (see H.R. 2383), H3803 [28JN]

———increase gift tax exclusion (see S. 85), S99 [22JA]

———increase limitation on capital losses any individual may deduct against ordinary income and allow a 3-year capital loss carryback and unlimited carryovers (see S. 784), S3994 [26AP]

———increase the exclusion equivalent of the unified credit (see H.R. 759), H442 [27FE]

———increase the unified estate and gift tax credit to exempt small businesses and farmers from inheritance taxes (see S. 84), S99 [22JA]

———increase unified estate and gift tax credit (see H.R. 88), H27 [3JA]

———increase unified estate and gift tax credit and provide for inflation adjustment (see H.R. 1442), H1484 (see H.R. 1442), H1494 [4AP]

———increase unified estate and gift tax credit and the qualified family-owned business interest deduction (see S. 867), S4822 [10MY]

———index the basis of certain assets to determine gain (see H.R. 3071), H6458 [9OC]

———issuance of tax-exempt bonds by Indian tribal governments (see S. 660), S3152 [29MR] (see H.R. 178), H61 [6JA] (see H.R. 2253), H3357 [20JN]

———issuance of tax-exempt bonds for certain air and water pollution control facilities (see H.R. 1427), H1483 (see H.R. 1427), H1493 [4AP]

———issuance of tax-exempt private activity bonds to assist States in the construction and rehabilitation of public schools (see H.R. 379), H165 [31JA]

———make repeal of estate taxes permanent (see H.R. 2143), H3067 [12JN]

———modify the at-risk rules for publicly traded nonrecourse debt (see H.R. 1752), H2021 [8MY]

———modify the exclusion for qualified small business stock (see S. 1823), S13145 [13DE]

———permit advanced refunding of private activity bonds with general obligation bonds if the governmental issuer takes over the private activity bond (see H.R. 884), H648 [6MR]

———phase out estate and gift taxes (H.R. 8), consideration (see H. Res. 111), H1406 [3AP]

———phase-out and repeal estate, gift, and generation-skipping transfer taxes (see S. 83), S99 [22JA]

———provide a long-term capital gains exclusion and reduce the holding period for long-term capital gains (see S. 818), S4175 [2MY]

———provide an income tax credit to holders of bonds financing new communications technologies (see S. 426), S1746 [1MR] (see H.R. 1415), H1483 (see H.R. 1415), H1492 [4AP]

———provide individual income tax rate reductions, relief to families with children, marriage penalty relief, and eliminate the estate tax for certain decedents (see H.R. 1264), H1294 [28MR] (see H.R. 1398), H1482 (see H.R. 1398), H1491 [4AP]

———provide protections for participants in cash or deferred arrangements under section 401(k) relative to the acquisition and holding of employer securities (see H.R. 3463), H10054 [12DE]

———reduce and simplify estate tax rates (see H.R. 1285), H1295 [28MR]

———reduce capital gains rates and index the basis of certain assets (see H.R. 15), H25 [3JA]

———reduce estate and gift tax rates (see H.R. 42), H26 [3JA]

———reduce estate and gift tax rates, increase the exclusion equivalent of the unified credit, and increase the annual gift tax exclusion (see H.R. 543), H253 [8FE]

———reduce estate and gift tax rates, increase unified estate and gift tax credit, and provide for inflation adjustment (see H.R. 1277), H1294 [28MR]

———reduce estate and gift tax rates, replace the unified credit with a unified exemption, and increase the annual gift tax exclusion (see H.R. 1437), H1484 (see H.R. 1437), H1493 [4AP]

———reduce holding period for certain capital gains rates (see H.R. 1235), H1188 [27MR]

———reduce individual capital gains rates (see H.R. 1342), H1407 [3AP]

———reduce maximum capital gains rates and reduce holding period for long-term capital gains (see S. 1336), S8704 [2AU]

———reduce maximum capital gains tax rates (see H.R. 3039), H6379 [4OC]

———repeal alternative minimum tax treatment of incentive stock options to change the taxable event from the exercise of the stock option to the stock sale (see S. 1142), S7193 [29JN] (see S. 1324), S8704 [2AU] (see H.R. 1487), H1487 (see H.R. 1487), H1496 [4AP] (see H.R. 2794), H5336 [2AU]

———repeal corporate income tax and estate and gift taxes, impose flat tax on earned income of individuals, and provide amnesty for tax liability from prior taxable years (see H.R. 2313), H3618 [26JN]

———repeal estate, gift, and generation-skipping transfer taxes (see S. 82), S99 (see S. 100), S100 [22JA] (see S. 275), S1122 [7FE] (see H.R. 330), H163 [31JA]

———repeal estate and gift taxes (see S. 31), S98 [22JA] (see H.R. 8), H926 [14MR] (see H.R. 130, 153), H60 (see H.R. 193), H62 [6JA] (see H.R. 246), H108 [30JA] (see H.R. 799), H507 [28FE]

———simplify Internal Revenue Code through revenue neutral proposals (see H.R. 2529), H4112 [17JY]

———spur job growth by reducing capital gains rates and making the Economic Growth and Tax Relief Act permanent (see H.R. 2599), H4428 [23JY]

———temporarily reduce capital gains rates (see H.R. 2293), H3465 [21JN]

———treat spaceports like airports under exempt facility bond rules (see S. 1243), S8203 [25JY] (see H.R. 1931), H2569 [22MY]

———treatment of active financing income earned overseas by financial services firms (see S. 676), S3274 [2AP] (see H.R. 1357), H1408 [3AP]

———treatment of bonds and other obligations issued by American Samoa (see H.R. 1448), H1484 (see H.R. 1448), H1494 [4AP]

———treatment of bonds issued to acquire renewable resources on land subject to conservation easement (see S. 822), S4245 [3MY] (see H.R. 1711), H1923 [3MY]

———treatment of capital gains earned by designated settlement funds (see H.R. 1301), H1344 [29MR]

———treatment of capital losses applicable to individuals (see H.R. 1619), H1659 [26AP]

———treatment of capital losses on sale or exchange of a principal residence (see H.R. 1926), H2387 [21MY]

———treatment of certain bonds issued by local governments in connection with delinquent real property taxes (see H.R. 3381), H8731 [29NO]

———treatment of corporate reorganization or division (see S. 1158), S7426 [10JY]

———treatment of distributions from publicly traded partnerships (see S. 1141), S7193 [29JN]

———treatment of estate and gift tax rates (see H.R. 2936), H5926 [21SE]

———treatment of gain from the sale of a business closely held by an individual who has attained age 62 (see H.R. 412), H218 [7FE]

———treatment of gold, silver, and platinum in the same manner as stocks and bonds for purposes of maximum capital gains rates (see S. 1007), S6008 [8JN] (see H.R. 991), H875 [13MR]

———treatment of individual investment accounts (see H.R. 2260), H3357 [20JN]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (see S. 992), S5889 [6JN] (see H.R. 661), H395 [14FE]

———treatment of prepayments for natural gas (see S. 726), S3705 [6AP] (see H.R. 1986), H2709 [24MY]

———treatment of small businesses (see S. 1676), S11719 [13NO]

———treatment of small businesses relative to remedial education for employees, information technology investment, capital gains rates on investments, and depreciation of computer hardware (see S. 798), S4044 [30AP]

———treatment of tax-exempt financing for professional sports facilities (see H.R. 916), H739 [7MR]

Terrorism: create a counter-terrorism trust fund, issue Freedom Bonds, and allow taxpayers to contribute income tax refunds to support counter-terrorism efforts (see H.R. 2930), H5926 [21SE]

Descriptions

Spaceport Equality Act (S. 1243), S8223 [25JY]

Venture Capital Gains and Growth Act (S. 1134), S7107 [28JN]

Examples

Impact of alternative minimum tax treatment of incentive stock options, H7272 [24OC]

Explanations

Repeal Alternative Minimum Tax Treatment of Incentive Stock Options To Change the Taxable Event From the Exercise of the Stock Option to the Stock Sale (S. 1324), S8741 [2AU]

Letters

Emergency Securities Response Act: Representative Oxley, Committee on Financial Services (House), H8066 [13NO]

———Representative Tauzin, Committee on Energy and Commerce (House), H8066 [13NO]

Financial Information Privacy Protection Act: several consumer organizations, S306 [22JA]

Financial Services Antifraud Network Act: Representative Combest, Committee on Agriculture (House), H7744 [6NO]

———Representative Oxley, Committee on Financial Services (House), H7744 [6NO]

Investor and Capital Markets Fee Relief Act: Laura S. Unger, SEC, H3176 [14JN]

———Representative Combest, Committee on Agriculture (House), H3165 [14JN]

———Representative Oxley, Committee on Financial Services (House), H3165 [14JN]

———Representative Thomas, Committee on Ways and Means (House), H3165 [14JN]

Messages

Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism: President Bush, S9738 [24SE], H5964 [24SE]

Motions

Aviation: preserve the continued viability of the U.S. air transportation system (H.R. 2926), H5915 [21SE]

Taxation: phase out estate and gift taxes (H.R. 8), H1456 [4AP]

Remarks in House

Aviation: preserve the continued viability of the U.S. air transportation system (H.R. 2891), H5684-H5691 [14SE], E1666 [17SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2891), unanimous-consent request, H5683 [14SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), H5894-H5918, H5922 [21SE], H5978 [25SE], H7312 [25OC], H7413 [30OC], E1709 [24SE], E1715, E1716, E1740, E1741 [25SE], E1745 [26SE], E1764, E1778 [2OC], E1823 [5OC]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), consideration (H. Res. 244), H5884-H5893 [21SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), consideration (H. Res. 244), same-day consideration (H. Res. 242), H5875-H5884 [21SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), motion to recommit, H5915-H5918 [21SE]

Bureau of Public Debt: report on public debt relative to foreign ownership and detailed cost data, H4559 [25JY]

Cleveland, OH: passage of municipal bond issue on fixing infrastructure of city schools, H2064 [9MY]

Committee on Financial Services (House): establish, H9, H12-H15 [3JA]

Dept. of the Treasury: issue Victory Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (H.R. 2900), E1669 [19SE]

———issue War Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (H.R. 2899), H7136-H7139 [23OC]

Durand, MI: tribute to Durand Middle School Invest in America Project, E2325 [19DE]

Financial institutions: amend banking laws relative to offshore activities, investments, and certain bank affiliations (H.R. 2273), E1396 [23JY], E1554 [3AU]

———safeguard the public from fraud and streamline and facilitate efforts of Federal and State regulators to share antifraud information (H.R. 1408), H7732-H7745 [6NO], E577 [5AP]

———use national standard for protection of personal financial information and establish Presidential commission to study impact on national security (H.R. 3068), E1830 [9OC]

FRS: impact of money supply on economic conditions, H1102 [22MR], H5442-H5445 [6SE], H7563 [31OC]

Government National Mortgage Association: authorize the guarantee of conventional mortgage-backed securities (H.R. 3206), E1984 [2NO], E2055 [13NO], E2140 [27NO], E2366, E2372 [20DE]

Investments: establish individual development accounts for certain individuals and families, H4263 [19JY]

———establish individual development accounts for certain individuals and families (H.R. 2160), H3078 [13JN], E1091 [13JN]

Pensions: provide additional fiduciary protections for participants and beneficiaries under employee stock ownership plans relative to lockdowns placed on plan assets (H.R. 3509), E2336 [19DE]

Real estate: clarify certain brokerage and management activities, H4562 [25JY]

SEC: augment emergency authority (H.R. 3060), H8065-H8067 [13NO]

———limit collection of certain fees and adjust compensation for employees, H4158, H4159 [18JY]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), H3159-H3182 [14JN], E393 [20MR]

———limit collection of certain fees and adjust compensation for employees (H.R. 1088), consideration (H. Res. 161), H3156 [14JN]

Social Security: commission recommendation on investment of trust funds in private financial markets, H9328, H9330, H9332 [12DE]

———prohibit investment of trust funds in private financial markets, E1390 [20JY]

Sudan: prohibit any entity engaged in the development of oil or gas in Sudan from raising capital or trading its securities in the U.S., H3107-H3113 [13JN], H8218, H8219 [15NO]

Taxation: allow a credit to holders of qualified bonds issued by Amtrak (H.R. 2329), E1225 [27JN]

———allow a credit to holders of qualified bonds issued by Amtrak (S. 250), E705 [2MY]

———capital gains rates, H5458 [10SE], H6440 [9OC]

———clarify treatment of incentive stock options and employee stock purchases (H.R. 2695), E1501 [2AU]

———disregard certain capital expenditures in applying a limit on qualified small issue bonds (H.R. 3582), E2386 [20DE]

———increase the exclusion equivalent of the unified credit (H.R. 759), H1440 [4AP], E238 [28FE]

———issuance of tax-exempt bonds for certain air and water pollution control facilities (H.R. 1427), E584 [5AP]

———issuance of tax-exempt private activity bonds to assist States in the construction and rehabilitation of public schools (H.R. 379), E79 [31JA]

———phase out estate and gift taxes, H2825, H2830 [25MY], E1061 [8JN]

———phase out estate and gift taxes (H.R. 8), H1290-H1292 [28MR], H1398, H1405 [3AP], H1424-H1458, H1466, H1469 [4AP], E607 [24AP]

———phase out estate and gift taxes (H.R. 8), consideration (H. Res. 111), H1416-H1424 [4AP]

———phase out estate and gift taxes (H.R. 8), motion to recommit, H1456 [4AP]

———phase-out and repeal estate and gift taxes, H870 [13MR]

———preserve estate and gift taxes, H2842 [25MY]

———reduce estate and gift tax rates, replace the unified credit with a unified exemption, and increase the annual gift tax exclusion (H.R. 1437), E561 [5AP]

———reduce individual capital gains rates (H.R. 1342), E509 [3AP]

———repeal alternative minimum tax treatment of incentive stock options to change the taxable event from the exercise of the stock option to the stock sale, H7272 [24OC]

———repeal alternative minimum tax treatment of incentive stock options to change the taxable event from the exercise of the stock option to the stock sale (H.R. 2794), E1517 [3AU]

———repeal estate and gift taxes, H1544-H1546 [24AP]

———repeal estate and gift taxes (H.R. 130), H99-H102 [30JA]

———simplify Internal Revenue Code through revenue neutral proposals (H.R. 2529), E1347 [17JY]

———treatment of active financing income earned overseas by financial services firms (H.R. 1357), E516, E517 [3AP]

———treatment of bonds and other obligations issued by American Samoa (H.R. 1448), H5440 [6SE], E541 [5AP]

———treatment of certain bonds issued by local governments in connection with delinquent real property taxes (H.R. 3381), E2211 [5DE]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (H.R. 661), E194 [14FE]

———treatment of prepayments for natural gas (H.R. 1986), E931 [24MY]

———treatment of Social Security payroll tax, H4408 [23JY]

Remarks in Senate

Aviation: preserve the continued viability of the U.S. air transportation system, S9479 [19SE]

———preserve the continued viability of the U.S. air transportation system (H.R. 2926), S9673 [21SE], S12532 [6DE]

———preserve the continued viability of the U.S. air transportation system (S. 1450), S9589-S9608, S9673 [21SE], S10144, S10146 [3OC], S10352 [9OC]

———preserve the continued viability of the U.S. air transportation system (S. 1450), unanimous-consent agreement, S9588 [21SE]

———preserve the continued viability of the U.S. air transportation system (S. 1450), unanimous-consent request, S9584 [21SE]

———provide assistance for employees who are separated from employment due to reductions in service by air carriers and airport closures caused by terrorist actions or security measures, S9588-S9608 [21SE]

Dept. of the Treasury: issue Unity Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA, S9487, S9493 [19SE]

———issue Unity Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (S. 1430), S9442 [14SE]

———issue War Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA, S9485-S9488, S9493 [19SE], S10521 [11OC]

———issue War Bonds in response to the acts of terrorism perpetrated against the World Trade Center, Pentagon, and Somerset County, PA (S. 1431), S9442 [14SE], S9553 [20SE]

Durand, MI: tribute to Durand Middle School Invest in America Project, S13461 [18DE]

Financial institutions: strengthen consumer control over use and disclosure of personal financial and health information (S. 30), S303-S307 [22JA]

———strengthen consumer control over use and disclosure of personal financial and health information (S. 450), S1788 [1MR], S3987 [26AP]

Government National Mortgage Association: authorize the guarantee of conventional mortgage-backed securities (S. 1620), S11376 [1NO]

International Maritime Satellite Organization: initial public offering deadline, S9437 [14SE]

Investments: establish individual development accounts for certain individuals and families (S. 1025), S6217 [13JN]

———establish individual development accounts for certain individuals and families (S. 592), S2672-S2674 [21MR], S5533 [23MY]

Pensions: ensure that individual account retirement plans protect workers by limiting the amount of employer stock each worker may hold and encouraging diversification of investment of plan assets (S. 1838), S13466 [18DE]

SEC: limit collection of certain fees and adjust compensation for employees (H.R. 1088), S8893, S8894 [3AU], S13830, S13925 [20DE]

———limit collection of certain fees and adjust compensation for employees (S. 143), S415 [22JA], S2785-S2789 [22MR]

Social Security: allow diversion of percentage of payroll tax payments into personal investment plans, S8152 [25JY], S8391-S8393 [30JY]

Taxation: allow a credit to holders of qualified bonds issued by Amtrak, S5246 [21MY], S5500, S5501 [23MY]

———allow a credit to holders of qualified bonds issued by Amtrak (S. 250), S1068-S1072 [6FE], S1120 [7FE], S3669, S3670 [6AP], S4168 [2MY]

———allow a credit to holders of qualified bonds issued by Amtrak (S. 250), star print, S1353 [13FE]

———alternative minimum tax treatment of incentive stock options (S. 1831), S13304 [14DE]

———capital gains rates, S5043, S5072, S5073 [17MY], S5185-S5190, S5246, S5247 [21MY]

———clarify treatment of incentive stock options and employee stock purchases (S. 1383), S8958 [3AU]

———expand the exclusion for qualified small business stock and increase the annual limit for incentive stock options (S. 455), S1811, S1824 [5MR]

———expand the exclusion for qualified small business stock and terminate the minimum tax preference for incentive stock options (S. 1134), S7105 [28JN]

———increase gift tax exclusion (S. 85), S343 [22JA]

———increase limitation on capital losses any individual may deduct against ordinary income and allow a 3-year capital loss carryback and unlimited carryovers (S. 784), S4004 [26AP]

———increase the unified estate and gift tax credit to exempt small businesses and farmers from inheritance taxes, S5217, S5218, S5220, S5221, S5255 [21MY]

———increase the unified estate and gift tax credit to exempt small businesses and farmers from inheritance taxes (S. 84), S343 [22JA]

———issuance of tax-exempt private activity bonds to assist States in the construction and rehabilitation of public schools, S4971, S4972, S4995 [16MY]

———phase out estate and gift taxes, S5044, S5065-S5071, S5075, S5076 [17MY], S5421, S5422 [22MY], S5504, S5517-S5520 [23MY], S5678 [25MY]

———phase out estate and gift taxes and increase income limits relative to a 10 percent income tax rate bracket for individuals, S5230 [21MY], S5407 [22MY]

———phase out estate and gift taxes (H.R. 8), S3633 [5AP], S3765 [6AP], S14029, S14030 [20DE]

———phase-out and repeal estate, gift, and generation-skipping transfer taxes (S. 83), S343 [22JA]

———phase-out and repeal estate and gift taxes, S1674 [28FE]

———preserve estate and gift taxes, S5427 [22MY]

———provide a long-term capital gains exclusion and reduce the holding period for long-term capital gains (S. 818), S4182 [2MY]

———provide an income tax credit to holders of bonds financing new communications technologies (S. 426), S1761, S1767 [1MR]

———reduce maximum capital gains tax rates (H.R. 3039), S12031 [27NO]

———reduction in State estate tax revenues in proportion to the reduction in Federal estate tax revenues, S5097-S5100 [17MY], S5252 [21MY], S5420 [22MY]

———repeal alternative minimum tax treatment of incentive stock options to change the taxable event from the exercise of the stock option to the stock sale (S. 1142), S7197-S7199 [29JN]

———repeal alternative minimum tax treatment of incentive stock options to change the taxable event from the exercise of the stock option to the stock sale (S. 1324), S8740 [2AU]

———repeal estate, gift, and generation-skipping transfer taxes (S. 82), S343 [22JA]

———repeal estate, gift, and generation-skipping transfer taxes (S. 100), S368 [22JA]

———repeal estate, gift, and generation-skipping transfer taxes (S. 275), S1131 [7FE], S1174 [8FE]

———repeal estate and gift taxes, S1442-S1446 [15FE]

———repeal estate and gift taxes (S. 31), S307 [22JA]

———strike all estate tax reductions and use savings to expand the estate tax unified credit exemption amounts, S5230 [21MY], S5407 [22MY]

———treat spaceports like airports under exempt facility bond rules (S. 1243), S8223 [25JY], S8276 [26JY]

———treatment of active financing income earned overseas by financial services firms (S. 676), S3279 [2AP]

———treatment of bonds issued to acquire renewable resources on land subject to conservation easement (S. 822), S4256 [3MY]

———treatment of corporate reorganization or division (S. 1158), S7428 [10JY]

———treatment of gold, silver, and platinum in the same manner as stocks and bonds for purposes of maximum capital gains rates (S. 1007), S6009 [8JN]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (S. 992), S5903 [6JN]

———treatment of prepayments for natural gas (S. 726), S3712 [6AP]

———treatment of small businesses relative to remedial education for employees, information technology investment, capital gains rates on investments, and depreciation of computer hardware (S. 798), S4045 [30AP]

———treatment of small businesses (S. 1676), S11720 [13NO]

Reports

U.S. Policy Toward Sudan: U.S. Commission on International Religious Freedom (excerpt), H3108 [13JN]

Reports filed

Competitive Market Supervision Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 143) (S. Rept. 107-3), S2305 [14MR]

Consideration of H.R. 8, Death Tax Elimination Act: Committee on Rules (House) (H. Res. 111) (H. Rept. 107-39), H1406 [3AP]

Consideration of H.R. 1088, Investor and Capital Markets Fee Relief Act: Committee on Rules (House) (H. Res. 161) (H. Rept. 107-97), H3066 [12JN]

Consideration of H.R. 2926, Air Transportation Safety and System Stabilization Act: Committee on Rules (House) (H. Res. 244) (H. Rept. 107-214), H5924 [21SE]

Death Tax Elimination Act: Committee on Ways and Means (House) (H.R. 8) (H. Rept. 107-37), H1406 [3AP]

Emergency Securities Response Act: Committee on Financial Services (House) (H.R. 3060) (H. Rept. 107-283), H8132 [13NO]

Financial Services Antifraud Network Act: Committee on Financial Services (House) (H.R. 1408) (H. Rept. 107-192), H5332 [2AU]

———Committee on the Judiciary (House) (H.R. 1408) (H. Rept. 107-192), H6918 [16OC]

Investor and Capital Markets Fee Relief Act: Committee on Financial Services (House) (H.R. 1088) (H. Rept. 107-52), H1714 [1MY]

Same-Day Consideration of H. Res. 244, Consideration of H.R. 2926, Air Transportation Safety and System Stabilization Act: Committee on Rules (House) (H. Res. 242) (H. Rept. 107-209), H5924 [21SE]

Statements

Air Transportation Safety and System Stabilization Act: John J. Sweeney, AFL-CIO, H5879 [21SE]

Investment of Social Security Trust Funds in Private Financial Markets: William D. Novelli, American Association of Retired Persons, E1390 [20JY]

Summaries

Competitive Market Supervision Act (S. 143), S418 [22JA]

Encouraging Investment in Small Business Act (S. 455), S1825 [5MR]

Technology Bond Initiative (S. 426), S1766 [1MR]

Tables

Comparison of tax consequences—incentive stock options v. nonstatutory stock options, S8741 [2AU]

Texts of

H. Res. 111, consideration of H.R. 8, Death Tax Elimination Act, H1416 [4AP]

H. Res. 161, consideration of H.R. 1088, Investor and Capital Markets Fee Relief Act, H3156 [14JN]

H. Res. 242, same-day consideration of H. Res. 244, consideration of H.R. 2926, Air Transportation Safety and System Stabilization Act, H5875 [21SE]

H. Res. 244, consideration of H.R. 2926, Air Transportation Safety and System Stabilization Act, H5884 [21SE]

H.R. 8, Death Tax Elimination Act, H1424-H1432 [4AP]

H.R. 1088, Investor and Capital Markets Fee Relief Act, H3159, H3161-H3164 [14JN]

H.R. 1408, Financial Services Antifraud Network Act, H7732-H7741 [6NO]

H.R. 2899, Freedom Bonds Act, H7136 [23OC]

H.R. 2926, Air Transportation Safety and System Stabilization Act, H5894-H5897 [21SE]

H.R. 3060, Emergency Securities Response Act, H8065 [13NO]

S. 30, Financial Information Privacy Protection Act, S304-S306 [22JA]

S. 31, Estate and Gift Tax Rate Reduction Act, S308 [22JA]

S. 82, Estate and Gift Tax Repeal Act, S344 [22JA]

S. 83, Estate and Gift Tax Phase-Out Act, S344 [22JA]

S. 84, Farmer and Entrepreneur Estate Tax Relief Act, S344 [22JA]

S. 85, increase gift tax exclusion, S345 [22JA]

S. 100, Death Tax Termination Act, S368 [22JA]

S. 143, Competitive Market Supervision Act, S416-S418 [22JA], S2789-S2792 [22MR]

S. 250, High-Speed Rail Investment Act, S1068-S1071 [6FE]

S. 370, exempt small issue bonds for agriculture from the State volume cap, S1509 [15FE]

S. 426, Technology Bond Initiative, S1762 [1MR]

S. 450, Financial Institution Privacy Protection Act, S1788 [1MR]

S. 676, tax treatment of active financing income earned overseas by financial services firms, S3280 [2AP]

S. 726, Municipal Utility Natural Gas Supply Act, S3713 [6AP]

S. 784, increase tax limitation on capital losses any individual may deduct against ordinary income and allow a 3-year capital loss carryback and unlimited carryovers, S4004 [26AP]

S. 822, Community Forestry and Agriculture Conservation Act, S4256 [3MY]

S. 1007, Fair Treatment for Precious Metals Investors Act, S6009 [8JN]

S. 1134, Venture Capital Gains and Growth Act, S7106 [28JN]

S. 1158, tax treatment of corporate reorganization or division, S7429 [10JY]

S. 1243, Spaceport Equality Act, S8223 [25JY]

S. 1450, Air Transportation Safety and System Stabilization Act, S9605-S9608, S9627-S9630 [21SE]

S. 1620, Home Ownership Expansion Act, S11376-S11378 [1NO]

S. 1831, alternative minimum tax treatment of incentive stock options, S13305 [14DE]