INVESTMENTS

Addresses

Fallout From Enron—Lessons and Consequences: Henry Kaufman, Henry Kaufman & Co., Inc., S4619-S4621 [21MY]

Amendments

Business and industry: improve financial reporting and independent audits and accounting services, create a Public Company Accounting Oversight Board, and improve SEC resources and oversight (S. 2673), S6340, S6363 [8JY], S6438, S6443, S6508, S6510, S6511, S6512 [9JY], S6538, S6541, S6542, S6543, S6544, S6547, S6548, S6552, S6557, S6559, S6576, S6578, S6580, S6581, S6582, S6583, S6584, S6586, S6590 [10JY], S6625, S6658, S6659, S6660, S6661, S6662, S6663, S6664, S6665, S6666, S6667, S6669, S6671, S6672, S6673, S6674, S6675, S6676, S6677 [11JY], S6687, S6688, S6690, S6712, S6713, S6714, S6715, S6716 [12JY], S6777 [15JY]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), H1557, H1563, H1564, H1565, H1567, H1574 [24AP]

Pensions: provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), H1202 [10AP], H1248 [11AP]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), complete action (H. Res. 540)—consideration (H. Res. 547), H6667 [25SE]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), consideration (H. Res. 386), H1213 [11AP]

Taxation: make repeal of estate taxes permanent (H.R. 2143), H3262 [6JN]

———make repeal of estate taxes permanent (H.R. 2143), complete congressional action (H. Res. 524)—consideration (H. Res. 527), H6382 [19SE]

———make repeal of estate taxes permanent (H.R. 2143), consideration (H. Res. 435), H3244 [6JN]

———phase out estate and gift taxes (H.R. 8), S5346, S5386 [11JN], S5398, S5412, S5462 [12JN]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), S9915, S9923 [3OC], H8794 [14NO]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), consideration of Senate amendments with an amendment (H. Res. 609), H8763 [14NO]

———treatment of the sale of a principal residence by members of the uniformed services or Foreign Service and treatment of death gratuity payments to members of the uniformed services (H.R. 5557), S11136 [14NO]

Analyses

Corporate and Criminal Fraud Accountability Act (H.R. 4098), E463 [9AP]

Corporate and Criminal Fraud Accountability Act (S. 2010), S1790 [12MR]

Ending the Double Standard for Stock Options Act (S. 1940), S737 [13FE]

Estate Tax Repeal Acceleration (ExTRA) for Family-Owned Businesses and Farms Act (S. 2994), S9121 [24SE]

Sarbanes-Oxley Act (H.R. 3763): Section VIII Relative to Corporate and Criminal Fraud Accountability, S7418-S7421 [26JY]

Appointments

Conferees: H.R. 3763, Corporate and Auditing Accountability, Responsibility, and Transparency Act, H4847 [17JY]

———H.R. 3763, Public Company Accounting Reform and Investor Protection Act, S6898 [17JY]

Articles and editorials

Accountant's War, H1568-H1571 [24AP]

Accounting for Options, S6739 [15JY]

Accounting—Stronger Reforms, Please, S5265 [10JN]

America's Poor Standards, S6629 [11JY]

Beltway Bubble, H5466 [25JY]

Big Business's Bad Behavior, S6763-S6765 [15JY]

Breaking the Contract, H668 [5MR], E297 [7MR]

Bush Continues To Back Privatized Social Security, S7416 [26JY]

Bush Needs To Drop the Velvet Glove Approach, S6693 [12JY]

Bush Took Oil Firm's Loans as Director, S6608 [11JY]

Cheney Named in Fraud Suit, S6609 [11JY]

Class Above the Corruption and Critics, S6691 [12JY]

Classic Hayekian Hangover, E1399 [25JY]

Companies Line Up To Hire Arthur Andersen, E89 [5FE]

Corporate Cake, S6628 [11JY]

Death Tax Senators, S5422 [12JN]

Economic View—Enron's Way—Pay Packages Foster Spin, Not Results, S740 [13FE]

Enron's Fall Fuels Push for Stock Option Law, S737 [13FE]

Enthusiasm Ebbs for Tough Reform in Wake of Enron, S5264 [10JN]

Even Last Year, Option Spigot Was Wide Open, S738 [13FE]

Ex-Employees Questioned on 401(k) Plan, E256 [5MR]

Focus on Farms Masks Estate Tax Confusion, S5421 [12JN]

Leading the News—Coke To Expense Employee Options, S6765 [15JY]

Money Talks, S6628 [11JY], S6738 [15JY]

Mr. Oxley Punts, H1548 [24AP], H4843 [17JY]

Report Predicts Deep Benefit Cuts Under Bush Social Security Plan, S5724 [19JN]

Review & Outlook—November Markets, S6553 [10JY]

SEC Chairman Pitt a Potential Liability to Administration, S6605 [11JY]

Senate Needs Reality Check Before Refunding Estate Tax, S5421 [12JN]

Show Me the Money (All of It), S6739 [15JY]

Social Security Reform Defended, S5394 [12JN]

State of the Estate Tax, H3283 [6JN]

Stigmatizing Business, S6889 [17JY], H5465 [25JY]

Stock Option Excesses, S6739 [15JY]

Stock Option Madness, S739 [13FE], S6738 [15JY]

Stock Options and Common Sense, S6627 [11JY]

Succeeding in Business, H4404 [9JY]

Tax on Virtue, S5423 [12JN]

Three Point Plan for SEC Reform, S5266 [10JN]

Bills and resolutions

Bankruptcy: include bonuses and other extraordinary or excessive compensation of corporate officers and violators of securities and accounting laws in bankruptcy estates (see S. 2901), S8092 [3SE]

———prevent corporate abuse and provide greater protection for employees (see H.R. 5525), H6982 [2OC]

———protect employees and retirees from corporate practices that deprive them of their earnings and retirement savings when a business files for bankruptcy (see S. 2798), S7372 [25JY] (see H.R. 5221), H5790 [25JY] (see H.R. 5664), H8021 [16OC]

———provide a right to be heard for participants and beneficiaries of an employee pension benefit plan of a debtor in order to protect pensions of those employees and retirees (see S. 3139), S10676 [17OC]

———provide for a creditors' committee of employee and retiree representatives of a debtor in order to protect pensions of those employees and retirees (see S. 3028), S9845 [2OC]

Bretton Woods Agreement Act: sunset (see H.R. 3812), H634 [27FE]

Business and industry: enhance penalties for accounting and auditing improprieties at publicly traded companies (see H.R. 5118), H4604 [15JY]

———enhance regulation of public auditors, improve corporate governance and overhaul corporate disclosure made pursuant to the securities laws (see H.R. 3818), H650 [28FE]

———enhance regulation of public auditors, improve corporate governance and overhaul corporate disclosure made pursuant to the securities laws (H.R. 3818), consideration (see H. Res. 479), H4497 [10JY]

———ensure independence of accounting firms that provide auditing services to publicly traded companies and of executives, audit committees, and financial compensation committees of such companies (see S. 2056), S2260 [21MR]

———improve financial reporting and independent audits and accounting services, designate an Independent Public Accounting Board, and improve SEC resources and oversight (see S. 2004), S1705 [8MR]

———prevent accountants from providing non-audit services to audit clients (see H.R. 3693), H226 [7FE]

———prohibit accounting firms from providing management consulting services, or any non-audit related services, for the companies they audit (see S. 1896), S100 [24JA]

———prohibit certain employees and shareholders from obtaining special loans (see H.R. 4084), H1152 [9AP]

———protect investors by guaranteeing the accuracy and reliability of corporate disclosures and increase the independence of the Financial Accounting Standards Board (see S. 2460), S3900 [6MY]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (see H.R. 3763), H523 [14FE]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), consideration (see H. Res. 395), H1532 [23AP]

———provide for enhanced corporate responsibility under securities laws (see H.R. 4083), H1152 [9AP]

———provide regulation of public accounting firms, improve financial reporting, independent audits and accounting services and designate an Independent Public Accounting Board (see S. 2247), S3303 [24AP]

———require disclosure of insider sales of stock of publicly held companies be filed electronically (see S. 1897), S100 [24JA] (see H.R. 3725), H284 [12FE] (see H.R. 3769), H523 [14FE]

———require investment advisers to make prominent public disclosures of ties with companies being analyzed by them (see S. 1895), S100 [24JA] (see H.R. 3671), H110 [4FE]

———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options (see S. 2760), S7103 [19JY]

Capital Construction Fund: provide for qualified withdrawals for fishermen leaving the industry and for the rollover to individual retirement plans (see S. 1962), S897 [15FE] (see H.R. 3898), H780 [7MR]

China, People's Republic of: urge fair resolution of claims of U.S. citizens who hold defaulted Chinese Government bonds (see H. Con. Res. 485), H6693 [25SE]

Community development: provide exceptions to empowerment zone eligibility criteria for certain central business districts (see S. 3065), S10040 [7OC] (see H.R. 5567), H7171 [7OC]

———provide grant funding for additional empowerment zones and enterprise communities (see S. 2692), S6250 [27JN]

Community service: provide incentives for communities and individuals to serve the poor and others in need and enhance ability of low-income individuals to build assets (see S. 1924), S545 [8FE]

———provide incentives for communities and individuals to serve the poor and others in need and enhance ability of low-income individuals to build assets (H.R. 7), complete congressional action (see H. Res. 539), H6418 [19SE]

Consumer and Shareholder Protection Association: establish (see S. 3143), S10676 [17OC]

Corporations: promote responsibility (see H.R. 5160), H4930 [18JY]

Credit unions: expand membership, services for financially underserved communities, investment opportunities, and enhance member protections in certain credit union conversions (see H.R. 5621), H7893 [10OC]

Crime: prosecute persons who alter or destroy evidence in certain investigations or who defraud investors, prohibit certain debts from being discharged in bankruptcy, and protect whistleblowers from retaliation (see S. 2010), S1782 [12MR] (see H.R. 4098), H1152 [9AP]

———prosecute persons who alter or destroy evidence in investigations or defraud investors, prohibit certain debts from being discharged in bankruptcy, and protect whistleblowers (H.R. 4098), consideration (see H. Res. 480), H4497 [10JY]

———restore aiding and abetting liability under Federal securities laws (see H.R. 5625), H7893 [10OC]

Economic Growth and Tax Relief Reconciliation Act: repeal sunset relative to modifications to education individual retirement accounts (see S. 2911), S8300 [5SE]

———repeal sunset relative to treatment of qualified public educational facility bonds as exempt facility bonds (see S. 2777), S7308 [24JY]

Enron Corp.: economic collapse (see H. Con. Res. 300), H36 [23JA]

ERISA: joint trusteeship of single-employer pension plans (see H.R. 5529), H6982 [2OC]

———provide for improved disclosure, diversification, account access, and accountability under individual account plans (see S. 1919), S487 [7FE] (see S. 1992), S1599 [6MR] (see S. 2032), S2076 [19MR] (see H.R. 3657), H104 [29JA]

———provide for timely notification of plan participants and beneficiaries whose individual accounts hold employer securities of insider trading in employer securities (see H.R. 3840), H686 [5MR]

———require certain pension plan administrators to provide reports to fully and accurately disclose the financial health of the plan sponsor and promote diversification of investment of their plan assets (see H.R. 3642), H103 [29JA]

Federal Accounting Standards Advisory Board: restructure (see H.R. 5094), H4552 [11JY]

Federal Bureau of Audits: establish (see H.R. 3795), H561 [26FE]

Financial Accounting Standards Board: develop standards of financial accounting and reporting relative to the treatment of stock options (see H.R. 5147), H4872 [17JY]

———improve the setting of accounting standards (see H.R. 3970), H931 [14MR]

———preserve the integrity of the establishment of accounting standards (see H.R. 5058), H4325 [27JN]

Financial institutions: exempt attorneys from privacy provisions of the law repealing restrictions on the affiliation of banks, securities firms, and insurance companies (see H.R. 5457), H6692 [25SE]

———merge bank and savings association deposit insurance funds and reform the Federal deposit insurance system (see S. 1945), S852 [14FE]

———protect customers whose identities are stolen from financial institutions (see H.R. 5474), H6776 [26SE]

———reform the Federal deposit insurance system (see H.R. 3717), H283 [12FE]

Government National Mortgage Association: repeal increase in guarantee fee for mortgage-backed securities (see H.R. 3926), H832 [12MR]

Housing: extend registration and reporting requirements of the Federal securities laws to certain housing-related Government-sponsored enterprises (see H.R. 4071), H1089 [20MR]

International Telecommunications Satellite Organization (INTELSAT): extend deadline for initial public offering (see S. 2810), S7430 [26JY]

Iron and steel industry: remedy certain injurious effects of steel imports by protecting benefits of steelworkers and retirees and strengthening the U.S. steel industry (see S. 2189), S2829 [17AP] (see H.R. 4646), H2099 [2MY]

Minnesota: encourage the use of medical savings accounts by certain current and retired public employees (see H.R. 5415), H6417 [19SE]

Pensions: allow workers flexibility in treatment of investments in individual account plans and require certain disclosures prior to transaction suspension periods (see S. 1971), S1251 [27FE]

———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 H.R. 3640), H103 [29JA] (see H.R. 3692), H226 [7FE]

———fully enforce guidance on single sum distributions from cash balance plans (see S. 2812), S7469 [29JY]

———improve pension plan security (see H.R. 5110), H4574 [12JY]

———prevent the wearing away of an employee's accrued benefit under a defined plan by reducing future accruals under the plan (see H.R. 4181), H1282 [11AP]

———prohibit knowing misrepresentations by fiduciaries of 401(k) plans which may induce participants to act contrary to their best interests and protect claims based on such misrepresentations (see H.R. 3623), H78 [24JA]

———promote the provision of retirement investment advice to workers managing their retirement income assets (see S. 1978), S1394 [1MR]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (see S. 1969), S1208 [26FE] (see H.R. 3762), H523 [14FE]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), complete congressional action (see H. Res. 540), H6419 [19SE]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), complete congressional action (H. Res. 540)—consideration (see H. Res. 547), H6558 [24SE]

———provide greater protection of workers' retirement plans and prohibit certain activities by persons providing auditing services to issuers of public securities (see S. 1921), S488 [7FE]

———provide individual investment account participants with improved information on asset investments, new diversification rights, and new limitations on pension plan blackouts (see S. 2190), S2829 [17AP]

———provide new protections under applicable fiduciary rules for participants and beneficiaries under 401(k) plans and provide for vesting of elective deferrals under such plans (see H.R. 3677), H140 [5FE]

———provide workers in individual account plans with information on how their assets are invested and the need to diversify assets (see S. 2185), S2829 [17AP]

———simplify ERISA reporting and disclosure requirements and provide Pension Benefit Guarantee Corp. premium relief (see H.R. 3918), H781 [7MR]

Private Securities Litigation Reform Act: withdraw certain benefits from auditors that perform non-audit functions (see H.R. 3617), H36 [23JA]

SEC: authorizing appropriations (see H.R. 3764), H523 [14FE]

———establish the Office of Audit Review (see H.R. 5184), H5194 [23JY]

———increase shareholder influence over stock option plans, provide incentives for managers to act in the long-term interests of corporations, and increase transparency of stock option grants (see S. 2822), S7579 [30JY]

———permit certain funds assessed for securities laws violations to be used to compensate employees who are victims of excessive pension fund investments in employers stock (see H.R. 3634), H78 [24JA] (see H.R. 5496), H6776 [26SE]

———require report on accounting for intangible assets (see H.R. 5438), H6558 [24SE]

———strengthen auditor independence standards (see H.R. 3736), H365 [13FE]

Securities: allow Federal enforcement actions based on State enforcement actions against microcap securities fraud and broaden SEC regulation of rogue brokers (see S. 1985), S1536 [5MR]

———prohibit discrimination on surety bond transactions on the basis of certain factors (see H.R. 4891), H3291 [6JN]

———provide a reasonable correction period for certain security and commodity transactions under the prohibited transaction rules (see H.R. 5653), H8021 [16OC]

———repeal certain laws that limit private securities actions (see H.R. 3829), H651 [28FE]

Securities and Commodities Exchange Commission: establish to combine the functions of the CFTC and SEC (see H.R. 5149), H4872 [17JY]

Securities and Derivatives Oversight Commission: establish (see H.R. 4038), H1088 [20MR]

Senior citizens: establish grant program to provide financial and retirement education programs to reduce financial abuse and fraud among mid-life and older individuals (see S. 2982), S8918 [19SE]

Small business: allow certain concerns that have employee stock ownership plans to qualify as HUBZone small business concerns (see H.R. 5347), H6129 [9SE]

———provide incentives for investment (see H.R. 5258), H5994 [26JY]

Social Security: modify calculation of the child support automation penalty and provide for reinvestment of any such penalty (see H.R. 4857), H3160 [4JN]

———provide for personal retirement savings accounts, increase individual control over retirement income, protect surpluses, and reform certain benefits (see H.R. 5734), H9023 [14NO]

———reject proposals to partially or completely substitute private saving accounts for benefits provided through Social Security (see H.R. 4780), H2734 [21MY] (see H.R. 5541), H6983 [2OC]

———strengthen and permanently preserve through the power of investment and compound interest without benefit reductions or tax increases (see S. 5), S11574 [19NO]

Taxation: allow certain small businesses to defer tax payments (see S. 1903), S176 [28JA]

———allow corporate tax benefits from stock option compensation expenses only to the extent that such expenses are included in a corporation's financial statements (see S. 1940), S732 [13FE] (see H.R. 4075), H1089 [20MR]

———allow deduction to corporations for dividends paid (see H.R. 5463), H6692 [25SE]

———allow deduction to corporations for dividends paid and exclusion of dividends for indivduals (see H.R. 5413), H6417 [19SE]

———allow employers a tax credit for providing independent investment advice to employees (see S. 2087), S2485 [10AP]

———allow minimum credit against alternative minimum tax where stock acquired pursuant to incentive stock options is sold or exchanged at a loss (see H.R. 5398), H6373 [18SE]

———allow penalty-free withdrawals from individual retirement plans for adoption expenses (see H.R. 3713), H230 [8FE]

———apply look-thru rules for purposes of the foreign tax credit limitation to dividends from foreign corporations not controlled by a domestic corporation (see H.R. 4810), H2943 [22MY]

———eliminate double taxation of dividends (see H.R. 5323), H6059 [4SE]

———empower employees to control their retirement accounts through new diversification rights, disclosure requirements, and tax incentives for retirement education (see H.R. 3669), H110 [4FE]

———encourage retirement savings for individuals by providing a refundable credit for individuals to deposit in a Social Security Plus account (see S. 2693), S6250 [27JN]

———encourage saving and investment (see H.R. 5351), H6129 [9SE]

———encourage the granting of employee stock options (see H.R. 5242), H5993 [26JY]

———ensure proper treatment of executives compensation (see S. 2722), S6649 [11JY]

———ensure that stock options of public companies are granted to rank and file employees (see S. 2877), S7900 [1AU]

———expand areas designated as renewal communities and allow nonrecognition of gain on sales of real property if the proceeds are invested in renewal and similar community businesses (see H.R. 5566), H7171 [7OC]

———expand depreciation benefits available to small businesses for new business investment and equipment (see H.R. 4470), H1409 [17AP]

———extend foreign tax credit carryforward (see H.R. 4958), H3668 [18JN]

———extend foreign tax credit carryforward and apply look-thru rules relative to foreign tax credit limitation to dividends from foreign corporations not controlled by domestic corporations (see S. 2676), S6013 [25JN]

———impose excise tax on sales of stock by corporate insiders occurring when the company prevents employees from selling stock in pension plans and ensure more accurate reporting of corporate liabilities (see H.R. 3622), H78 [24JA]

———improve tax equity for military personnel (see S. 2816), S7469 [29JY]

———increase amount of capital losses that may offset ordinary income (see H.R. 5380), H6250 [12SE]

———increase expensing limits of small businesses for new business investment and equipment (see S. 2023), S1974 [15MR] (see H.R. 4087), H1152 [9AP]

———increase interest rate used in determining funding requirements for defined benefit plans which are not multiemployer plans (see H.R. 3919), H781 [7MR]

———limit applicability of estate tax to estates over a certain amount (see H.R. 5008), H3859 [24JN]

———make repeal of estate taxes permanent (H.R. 2143), complete congressional action (see H. Res. 524), H6303 [17SE]

———make repeal of estate taxes permanent (H.R. 2143), complete congressional action (H. Res. 524)—consideration (see H. Res. 527), H6302 [17SE]

———make repeal of estate taxes permanent (H.R. 2143), consideration (see H. Res. 435), H3228 [5JN]

———modify unrelated business income limitation on investment in certain debt-financed properties (see S. 2022), S1974 [15MR] (see H.R. 4706), H2355 [9MY]

———permanent repeal of estate tax on family-owned businesses and farms (see S. 2994), S9116 [24SE]

———provide a credit to promote homeownership and community development (see S. 3126), S10571 [16OC] (see H.R. 5052), H4325 [27JN]

———provide for a tax deferral on gain from the sale of certain telecommunications businesses or tax incentives to promote ownership diversity (see S. 3112), S10442 [15OC]

———provide for an enhanced deduction for qualified residence interest on acquisition indebtedness for heritage homes (see H.R. 5165), H4931 [18JY]

———provide that the foreign tax credit not be redetermined relative to refunds of unlawful foreign taxes to taxpayers who successfully challenge those taxes (see H.R. 5754), H9024 [14NO]

———reduce capital gains rates and allow exclusion of dividends for individuals (see H.R. 5466), H6692 [25SE]

———repeal estate, gift, and generation-skipping transfer taxes (see H.R. 4229), H1289 [15AP] (see H.R. 5706), H8060 [8NO]

———repeal provisions that limit the interest deduction on refinanced home mortgage indebtedness to the amount of the indebtedness being refinanced (see H.R. 5339), H6084 [5SE]

———revise treatment of derivative transactions entered into by a corporation relative to its stock (see H.R. 5626), H7893 [10OC]

———stimulate economic development by enhancing the availability and benefits of small issue bonds (see H.R. 3809), H633 [27FE]

———treat earnings on contributions to tax-deferred savings accounts as gain from the sale or exchange of a capital asset (see S. 4), S11574 [19NO]

———treatment of capital losses applicable to individuals (see H.R. 5212), H5789 [25JY]

———treatment of certain reinvested gains by S corporations (see H.R. 4675), H2164 [7MY]

———treatment of executive perks and retirement benefits relative to stock options, undisclosed benefits, and deferred compensation (see H.R. 5432), H6558 [24SE]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (see H.R. 5063), H4350 [8JY]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), consideration of Senate amendments—same-day consideration (see H. Res. 587), H7929 [15OC]

———treatment of unused nontaxable benefits under cafeteria plans and flexible spending arrangements (see S. 3113), S10442 [15OC] (see H.R. 4804), H2943 [22MY]

Transportation: increase investments in rural areas (see S. 3134), S10676 [17OC]

Transportation Equity Act for the 21st Century: provide highway infrastructure investment at the guaranteed funding level (see S. 1917), S487 [7FE] (see H.R. 3694), H226 [7FE]

Veterans: clarify the applicability of the prohibition on assignment of veterans benefits to agreements regarding future receipt of compensation and educate veterans on available legitimate financial services (see S. 2003), S1705 [8MR]

WorldCom, Inc.: economic collapse (see H. Con. Res. 434), H4325 [27JN]

Biographies

LaFalce, Representative, E2092-E2102 [19NO]

Cloture motions

Conference reports

Sarbanes-Oxley Act (H.R. 3763), H5393-H5411 [24JY]

Cost Estimates

Corporate and Auditing Accountability, Responsibility, and Transparency Act (H.R. 3763): CBO, E657 [29AP]

National Employee Savings and Trust Equity Guarantee Act (S. 1971): CBO, S8665-S8667 [17SE]

Descriptions

Impose Excise Tax on Sales of Stock by Corporate Insiders Occurring When the Company Prevents Employees From Selling Stock in Pension Plans and Ensure More Accurate Reporting of Corporate Liabilities (H.R. 3622), E17 [24JA]

Essays

Core Values Start at the Top: Sanford Weill, S6944 [17JY]

``Enronics''—(Lack of Patriotism): Bernard Rapoport, S2941 [18AP]

Explanations

National Employee Savings and Trust Equity Guarantee Act (S. 1971), S1257 [27FE]

Qualified Family-Owned Business Interest Deduction, S5409 [12JN]

Hearings

Corporate accountability, E1470-E1478 [29JY]

Letters

Accelerated tax depreciation for new investments by businesses: several Representatives, H237 [12FE]

Armed Forces Tax Fairness Act: J. Neil McFarland, S9922 [3OC]

———J.D. Griffith, S9922 [3OC]

———James A. Brooks, S9922 [3OC]

———Jay R. Hildebrand, S9922 [3OC]

———Thomas D. Heinold, S9922 [3OC]

———Thomas J. Hicks, S9922 [3OC]

Child Support Reinvestment Act: Geraldine Jensen, Association for Children for Enforcement of Support, Inc., E945 [5JN]

———Melanie Snider, National Organization for Women, E945 [5JN]

———Vicki Turetsky, Center for Law and Social Policy, and Joan Entmacher, National Women's Law Center, E946 [5JN]

Corporate and Criminal Fraud Accountability Act: Elizabeth Costle, Vermont Dept. of Banking, Insurance, Securities and Health Care Administration, S1791 [12MR]

———Jim Moorman, Taxpayers Against Fraud, The False Claims Act Legal Center (organization) and Tom Devine, Government Accountability Project (organization), S1791 [12MR]

———Joseph P. Borg, North American Securities Administrators Association, Inc., S1791 [12MR]

———Stephen M. Kohn and Kris Kolesnik, National Whistleblower Center, S1791 [12MR]

Effect of economic collapse of Enron Corp., on Andersen (accounting and consulting company): Michael L. Hayhurst, Andersen (accounting and consulting company), E591 [18AP]

Highway Funding Restoration Act: Representative Don Young, Committee on Transportation and Infrastructure (House), H2411 [14MY]

———Representative Nussle, Committee on the Budget (House), H2411 [14MY]

Highway infrastructure investment at the guaranteed funding level: Mitchell E. Daniels, Jr., OMB, H7955, H7956 [16OC]

Increase deduction for expensing of certain depreciable assets by small businesses: Dan Danner, National Federation of Independent Business, S161 [28JA]

Increase expensing limits of small businesses for new business investment and equipment: Dan Danner, National Federation of Independent Business, S1980, S1981 [15MR]

Microcap Fraud Prevention Act: Joseph P. Borg, North American Securities Administrators Association, Inc., S1538 [5MR]

National Employee Savings and Trust Equity Guarantee Act: several Senators, S10605 [17OC]

Pension Security Act: Representative Boehner, Committee on Education and the Workforce (House), E558 [17AP]

———Representative Gutknecht, H1270 [11AP]

———Representative Oxley, Committee on Financial Services (House), E558 [17AP]

Prosecute securities fraud and evidence tampering, prohibit discharge of certain debts in bankruptcy, and protect corporate whistleblowers: Edmund Mierzwinski, U.S. Public Interest Research Group, S6441 [9JY]

———Jim Moorman, Taxpayers Against Fraud, and Tom Devine, Government Accountability Project, S6440 [9JY]

———Joseph P. Borg and Christine A. Bruenn, North American Securities Administrators Associations, Inc., S6440 [9JY]

———Kris J. Kolesnik, National Whistleblower Center, S6441 [9JY]

———National Association of Attorneys General, S6442 [9JY]

———Sally Greenberg, Consumers Union, and Travis Plunkett, Consumer Federation of America, S6441 [9JY]

———William Samuel, AFL-CIO, S6441 [9JY]

Public Company Accounting Reform and Investor Protection Act: Dean Heller, Nevada Sec. of State, S6340 [8JY]

Require that the disclosure of any insider selling of stock, of publicly held companies, be filed electronically: Harvey L. Pitt, SEC, S6687 [12JY]

SEC review of corporate financial statements: Harvey L. Pitt, SEC, H3908 [25JN]

Social Security investment of trust funds in private financial markets: Senator Corzine, S5109 [6JN], S5395 [12JN]

Steelworker retiree eligibility for temporary health benefits under trade adjustment assistance programs: Bob Taft, Governor of Ohio, S4464 [16MY]

———Daniel R. DiMicco, Nucor Corp., S4464 [16MY]

Stock Option Fairness and Accountability Act: several Senators, S7104 [19JY]

Tax treatment of the sale of a principal residence by a member of the uniformed services or Foreign Service: Colin L. Powell, Sec. of State, S213 [29JA]

———J.L. Jones, Marine Corps, S214 [29JA]

———John K. Naland, American Foreign Service Association, S214 [29JA]

———John M. Keane, Dept. of the Army, S214 [29JA]

———John P. Jumper, Dept. of the Air Force, S214 [29JA]

———Military Coalition, S214 [29JA]

———Richard B. Myers, Joint Chiefs of Staff Chair, S213 [29JA]

———Robert D. Evans, ABA, S215 [29JA]

———Robin Cleveland, OMB, S214 [29JA]

———Vern Clark, Dept. of the Navy, S213 [29JA]

Treatment of stock options as expenses in income statements: Steven Barr, S6628 [11JY]

Lists

Family Business Estate Tax Coalition, S326 [5FE], S647 [12FE]

Small Business Legislative Council, S327 [5FE], S647 [12FE]

Memorandums

Enron Corp., Contributions to the Financial Accounting Standards Board Trust Fund: David B. Duncan, Anderson (accounting and consulting company), S737 [13FE]

Enron Corp. Legal Issues Relative to Whistleblowing: Carl Jordan, S1791 [12MR]

Motions

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), H1589 [24AP], H4838 [17JY]

Pensions: provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), H1264 [11AP]

Taxation: make repeal of estate taxes permanent (H.R. 2143), H3274 [6JN]

———make repeal of estate taxes permanent (H.R. 2143), consideration (H. Res. 435), H3248 [6JN]

———phase out estate and gift taxes (H.R. 8), S5412, S5433, S5434 [12JN]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), H8794 [14NO]

Poems

``Message to the Republican Mob'', E1337 [24JY]

Press releases

Dorgan Death-Tax Amendment: National Federation of Independent Business, S5410 [12JN]

Remarks in House

Andersen (accounting and consulting company): status of contracts with Federal agencies, H676 [5MR]

Bankruptcy: prevent corporate abuse and provide greater protection for employees (H.R. 5525), H7010 [3OC]

Bretton Woods Agreement Act: sunset (H.R. 3812), E224 [28FE]

Bush, President: evaluation of administration officials, E1298 [18JY]

Business and industry: accelerated tax depreciation for new investments, H236 [12FE]

———corporate ethics, H4030 [26JN]

———enhance penalties for accounting and auditing improprieties at publicly traded companies (H.R. 5118), H4682, H4683-H4694 [16JY], H4771 [17JY], E1279, E1285 [17JY]

———enhance regulation of public auditors, improve corporate governance and overhaul corporate disclosure made pursuant to the securities laws (H.R. 3818), H4478-H4485 [10JY], E238 [28FE]

———enhance regulation of public auditors, improve corporate governance and overhaul corporate disclosures made pursuant to the securities laws, H3934 [26JN]

———protect corporate whistleblowers, enhance criminal penalties, extend statute of limitations, and require retention of audit review documents, H4838-H4847 [17JY]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), H1453 [18AP], H1495 [23AP], H1544-H1592 [24AP], H4433, H4434, H4472 [10JY], H4499, H4500, H4503 [11JY], H4566 [12JY], H4692 [16JY], H4770, H4771, H4772, H4827, H4838 [17JY], H4876, H4877 [18JY], H4988, H5074-H5084 [22JY], E637, E643 [26AP], E657 [29AP], E670 [30AP]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), conference report, H5319, H5321, H5441 [24JY], H5459-H5480 [25JY], E1412, E1451, E1452, E1462, E1463, E1466 [29JY]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), consideration (H. Res. 395), H1540-H1544 [24AP]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), corrections in engrossment, H1592 [24AP]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), motion to instruct conferees, H4838-H4847 [17JY]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), motion to recommit, H1590, H1591 [24AP]

———protect investors through enhanced corporate responsibility, H3701 [19JN]

———provide for enhanced corporate responsibility under securities laws, H1590, H1591 [24AP]

———provide for enhanced corporate responsibility under securities laws (H.R. 4083), H4474 [10JY], E460 [9AP]

———require disclosure of insider sales of stock of publicly held companies be filed electronically (H.R. 3769), E177 [15FE]

———require investment advisers to make prominent public disclosures of ties with companies being analyzed by them (H.R. 3671), E65 [4FE]

———require publicly traded companies to record and treat stock options as expenses in income statements, H4566 [12JY], H4680 [16JY]

Coca-Cola Co.: treatment of stock options as expenses in income statements, H4680 [16JY]

Community service: provide incentives for communities and individuals to serve the poor and others in need and enhance ability of low-income individuals to build assets (H.R. 7), H1750 [30AP], E1741 [3OC], E1872 [15OC]

Corporate and Auditing Accountability, Responsibility, and Transparency Act: ensure that one member of the public regulatory agency be a person who has never been licensed to practice public accounting, H1564, H1565 [24AP]

Corporations: economic impact of mismanagement, deception, and violations of public trust, H4343-H4348 [8JY], H4354, H4355, H4357, H4359, H4360, H4361, H4398, H4400-H4402, H4404-H4407 [9JY], H4431, H4432, H4433 [10JY], H4500, H4501, H4502, H4503, H4534-H4540 [11JY], H4568, H4569 [12JY], H4578, H4580, H4670-H4673 [15JY], H4678, H4680, H4682 [16JY], H4864-H4870 [17JY], H4988, H5074-H5084 [22JY], H5096 [23JY], H5459 [25JY], E1317 [22JY], E1337 [24JY]

———restore aiding and abetting liability under Federal securities laws (H.R. 5625), E1831 [11OC]

Dept. of Labor: tribute to efforts to integrate community and faith-based organizations into Federal employment and training services, E1741 [3OC]

———tribute to efforts to integrate faith-based and community organizations into employment and training services, E1872 [15OC]

Economy: national objectives priority assignments, H6966 [2OC]

Enron Corp.: economic collapse, H19, H20 [23JA], H40, H62 [24JA], H510 [14FE], H538 [26FE], H1233-H1248, H1255, H1258, H1262, H1263, H1265 [11AP], H1544-H1557, H1568, H1572 [24AP], H3613 [18JN], E591 [18AP], E703 [3MY]

———economic collapse (H. Con. Res. 300), H5, H19 [23JA]

———relief of employees relative to economic collapse, H87 [29JA], H3421 [11JN]

ERISA: provide for improved disclosure, diversification, account access, and accountability under individual account plans (H.R. 3657), H86 [29JA], E59 [29JA], E255 [5MR]

———provide for timely notification of plan participants and beneficiaries whose individual accounts hold employer securities of insider trading in employer securities (H.R. 3840), E255 [5MR]

Federal Accounting Standards Advisory Board: restructure (H.R. 5094), E1244 [11JY]

Federal Bureau of Audits: establish to conduct audits of financial statements submitted by reporting issuers, H1571-H1574 [24AP], E637 [26AP]

Financial Accounting Standards Board: develop standards of financial accounting and reporting relative to the treatment of stock options, E1466 [29JY]

———preserve the integrity of the establishment of accounting standards (H.R. 5058), H4537 [11JY]

Financial institutions: exempt attorneys from privacy provisions of the law repealing restrictions on the affiliation of banks, securities firms, and insurance companies (H.R. 5457), H6685, H6686 [25SE]

———First Accounts grants program funding, H4915 [18JY]

———further protect customers whose identities are stolen from the financial institution (H.R. 5474), E1692 [30SE]

———reform the Federal deposit insurance system (H.R. 3717), H2787-H2803 [21MY], E951 [5JN]

———repeal prohibition on payment of interest on demand deposits (H.R. 1009), H1107-H1111 [9AP], E545 [16AP]

———treatment of certain services and benefits provided relative to escrow accounts for real estate closing transactions, H1110 [9AP]

Foreign policy: authorize trade and investment policy relative to sub-Saharan Africa, H3177 [5JN]

Fort Hays State University: tribute to debate and financial planning teams, E600 [23AP]

FRS: impact of money supply on economic conditions, H3205 [5JN], E1399 [25JY]

Global Crossing Holdings, Ltd.: economic collapse, H1544-H1557 [24AP]

Government National Mortgage Association: repeal increase in guarantee fee for mortgage-backed securities (H.R. 3926), E340 [13MR]

Infrastructure: invest funds to restore the economy and to enhance security of transportation and environmental facilities (H.R. 3166), E1956 [24OC]

Insurance: protect ownership rights of policyholders in mutual life insurance companies, E560 [17AP]

International Telecommunications Satellite Organization (INTELSAT): extend deadline for initial public offering (S. 2810), H6142 [10SE]

Iron and steel industry: remedy certain injurious effects of steel imports by protecting benefits of steelworkers and retirees and strengthening the U.S. steel industry (H.R. 4646), E770 [10MY], E1567 [12SE]

IRS: enforce pension age discrimination laws relative to conversion of defined benefit plans to cash balance plans, H5333-H5336 [24JY]

Kmart Corp.: bankruptcy, H19 [23JA]

Pensions: application of catch-up contributions to the Federal Employees Thrift Savings Plan (H.R. 3340), H7056-H7058 [7OC]

———conduct a feasibility study on insurance programs relative to defined contribution plans, H1244 [11AP]

———ensure pension parity for employers and employees, H1260 [11AP]

———improve pension plan security, H4477 [10JY]

———improve pension plan security (H.R. 5110), H4566, H4570 [12JY], H4688 [16JY], H5472, H5478 [25JY]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), H1095 [9AP], H1217-H1267, H1270, H1271 [11AP], H4472 [10JY], H4692 [16JY], E174 [15FE], E533, E534, E542 [16AP], E554, E557, E559 [17AP], E587 [18AP]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), complete congressional action (H. Res. 540), H6563, H6669-H6677 [25SE], E1619 [19SE], E1693 [30SE]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), motion to recommit, H1265 [11AP]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (H.R. 3762), permission to file report, H1072 [20MR]

———provide retirement investment advice to workers managing their retirement income assets, H1262 [11AP]

———provide retirement investment advice to workers managing their retirement income assets (H.R. 2269), E174 [15FE]

———provide vested employees control over retirement investment assets, H19 [23JA]

———reform, E151, E155 [14FE]

Pitt, Harvey L.: status as chairman of the SEC, H4523 [11JY], H4657 [15JY], H4677 [16JY], H4918 [18JY], H5459 [25JY], E1249 [12JY]

SEC: authorizing appropriations (H.R. 3764), H3905-H3909 [25JN]

———establish the Office of Audit Review (H.R. 5184), E1337 [24JY]

———permit certain funds assessed for securities laws violations to be used to compensate employees who are victims of excessive pension fund investments in employers stock (H.R. 3634), E18 [24JA]

———require the net capital of an accountant be equal to one-half of the annual audit revenue received from registered issuers, H1565-H1567 [24AP]

———tribute, E2147 [16DE]

Securities: repeal certain laws that limit private securities actions (H.R. 3829), H4433 [10JY]

Small business: provide incentives for investment (H.R. 5258), E1457 [29JY]

Social Security: divert percentage of payroll taxes into personal retirement savings accounts, H7173-H7176 [8OC]

———ensure solvency, H667 [5MR], H720-H728 [6MR], H837, H894-H899 [13MR], H1624 [25AP], H3548-H3555 [13JN], E297 [7MR]

———impact of privatization on women, H3429, H3430 [11JN], H3584 [17JN], H3916 [25JN]

———investment of trust funds in private financial markets, H722, H728 [6MR], H823-H828 [12MR], H1386-H1389 [17AP], H2515, H2516, H2517 [16MY], H2668 [21MY], H2837 [22MY], H3584 [17JN], H4025, H4036 [26JN], H4682 [16JY], H7173-H7176 [8OC], E1956 [24OC]

———modify calculation of the child support automation penalty and provide for reinvestment of any such penalty (H.R. 4857), E945 [5JN]

Taxation: allow corporate tax benefits from stock option compensation expenses only to the extent that such expenses are included in a corporation's financial statements (H.R. 4075), E402 [21MR]

———allow deduction to corporations for dividends paid (H.R. 5463), H6563 [25SE], E1658 [26SE]

———allow minimum credit against alternative minimum tax where stock acquired pursuant to incentive stock options is sold or exchanged at a loss (H.R. 5398), H6563 [25SE]

———capital gains rates, E1754 [4OC]

———clarify treatment of incentive stock options and employee stock purchases, E481 [10AP]

———encourage the granting of employee stock options (H.R. 5242), E1418 [29JY]

———exclude from gross income gain from the sale of securities which are used to pay for higher education expenses (H.R. 2041), E1428 [29JY]

———expand depreciation benefits available to small businesses for new business investment and equipment (H.R. 4470), E562 [17AP]

———increase expensing limits of small businesses for new business investment and equipment (H.R. 4087), E450 [9AP]

———increase unified estate tax credit, H3250-H3274 [6JN]

———limit applicability of estate tax to estates over a certain amount (H.R. 5008), H6394, H6395 [19SE]

———make repeal of estate taxes permanent, H1522-H1527 [23AP], H2652, H2653 [20MY]

———make repeal of estate taxes permanent (H.R. 2143), H3075 [4JN], H3165, H3166, H3206, H3208-H3214 [5JN], H3249-H3277, H3283 [6JN], H3300 [11JN], E1031, E1035 [13JN], E1050, E1058 [14JN]

———make repeal of estate taxes permanent (H.R. 2143), complete congressional action (H. Res. 524), H6393-H6404, H6408 [19SE]

———make repeal of estate taxes permanent (H.R. 2143), complete congressional action (H. Res. 524)—consideration (H. Res. 527), H6376-H6383 [19SE]

———make repeal of estate taxes permanent (H.R. 2143), consideration (H. Res. 435), H3238-H3249 [6JN]

———make repeal of estate taxes permanent (H.R. 2143), motion to recommit, H3274, H3275 [6JN]

———phase out estate and gift taxes (H.R. 8), H3261 [6JN], E753 [8MY]

———prohibit use of Social Security trust funds to make repeal of estate taxes permanent, H3274, H3275 [6JN]

———reduce estate and gift tax rates (H.R. 42), H3260 [6JN], H6402 [19SE]

———revise treatment of derivative transactions entered into by a corporation relative to its stock (H.R. 5626), E1829 [11OC]

———treatment of bonds and other obligations issued by American Samoa (H.R. 1448), H6518 [24SE]

———treatment of executive perks and retirement benefits relative to stock options, undisclosed benefits, and deferred compensation (H.R. 5432), H6666 [25SE]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), H4365-H4369 [9JY], E1235 [11JY]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), concur with Senate amendments with an amendment, H8794-H8801 [14NO]

Transportation: highway funding restoration and highway contract authority rescission, H5224, H5227, H5228 [23JY]

Transportation Equity Act for the 21st Century: provide highway infrastructure investment at the guaranteed funding level, H7952-H7956 [16OC], H8553 [13NO]

———provide highway infrastructure investment at the guaranteed funding level (H.R. 3694), H1026, H1027 [20MR], H2406-H2413 [14MY], E849 [17MY]

WorldCom, Inc.: economic collapse, H4025 [26JN]

Remarks in Senate

Bankruptcy: include bonuses and other extraordinary or excessive compensation of corporate officers and violators of securities and accounting laws in bankruptcy estates (S. 2901), S8099 [3SE]

———provide a right to be heard for participants and beneficiaries of an employee pension benefit plan of a debtor in order to protect pensions of those employees and retirees (S. 3139), S10708 [17OC]

———provide for a creditors' committee of employee and retiree representatives of a debtor in order to protect pensions of those employees and retirees (S. 3028), S9847 [2OC]

Bush, President: evaluation of administration officials, S7134 [22JY]

Business and industry: clarify that the requirement that certain corporate officers certify financial reports applies to domestic and foreign issuers, S6688, S6693, S6698 [12JY]

———deter fraud and abuse by corporate executives, S6545, S6549 [10JY]

———hold corporate executives, who mislead workers about company stock in their pension plans, financially responsible for any losses, S6755, S6756 [15JY]

———improve financial reporting and independent audits and accounting services, create a Public Company Accounting Oversight Board, and improve SEC resources and oversight (S. 2673), S6121 [26JN], S6297, S6300-S6302 [28JN], S6327-S6347 [8JY], S6436-S6444, S6491-S6496 [9JY], S6523-S6560, S6561 [10JY], S6598, S6603-S6633, S6636-S6643, S6681 [11JY], S6683-S6685, S6687-S6700 [12JY], S6734-S6770, S6772-S6779, S6797, S6801, S6811 [15JY], S6829, S6861 [16JY], S6883, S6888, S6889 [17JY], S7248 [24JY]

———prohibit accounting firms from providing management consulting services, or any non-audit related services, for the companies they audit (S. 1896), S101 [24JA]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), conference report, S7340, S7350-S7365 [25JY], S7414, S7418 [26JY], S10612, S10613 [17OC]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws (H.R. 3763), insert S. 2673 language in lieu, S6779 [15JY]

———reform corporate auditing process, S8-S12 [23JA]

———require disclosure of insider sales of stock of publicly held companies be filed electronically (S. 1897), S102 [24JA]

———require publicly traded companies to record and treat stock options as expenses in income statements, S6626-S6633, S6636-S6640 [11JY], S6743-S6746 [15JY]

———require that the disclosure of any insider selling of stock, of publicly held companies, be filed electronically, S6687, S6688, S6693 [12JY]

———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options, S6696-S6698 [12JY], S6735-S6741, S6747, S6750-S6753, S6763 [15JY]

———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options (S. 2760), S7104-S7106 [19JY]

———stock market volatility, S7414 [26JY]

Capital Construction Fund: provide for qualified withdrawals for fishermen leaving the industry and for the rollover to individual retirement plans (S. 1962), S907 [15FE]

Certified Financial Planner Board of Standards Inc.: tribute, S9980 [4OC]

Coca-Cola Co.: treatment of stock options as expenses in income statements, S6942 [17JY]

Community development: provide grant funding for additional empowerment zones and enterprise communities (S. 2692), S6253 [27JN]

———provide incentives for communities and individuals to serve the poor and others in need and enhance ability of low-income individuals to build assets (H.R. 7), unanimous-consent request, S6230 [27JN], S9094 [24SE], S10993-S10996 [14NO]

———provide incentives for communities and individuals to serve the poor and others in need and enhance ability of low-income individuals to build assets (S. 1924), S546 [8FE], S10604 [17OC]

Corporations: economic impact of mismanagement, deception, and violations of public trust, S6598 [11JY], S7132-S7134 [22JY], S7304 [24JY], S7414, S7415 [26JY]

———require certain officers of companies in bankruptcy to return bonuses, incentive- or equity-based compensation, and stock sale profits received prior to a required restatement of earnings, S6689 [12JY], S6741-S6743 [15JY], S8148 [4SE]

———require certain officers of companies to return bonuses, incentive- or equity-based compensation, and stock sale profits received prior to a required restatement of earnings, S6754 [15JY]

Crime: prosecute persons who alter or destroy evidence in certain investigations or who defraud investors, prohibit certain debts from being discharged in bankruptcy, and protect whistleblowers from retaliation, S6437-S6442 [9JY], S6528-S6531, S6534-S6541 [10JY]

———prosecute persons who alter or destroy evidence in certain investigations or who defraud investors, prohibit certain debts from being discharged in bankruptcy, and protect whistleblowers from retaliation (S. 2010), S1785-S1788 [12MR]

Economic Growth and Tax Relief Reconciliation Act: repeal sunset relative to modifications to education individual retirement accounts (S. 2911), S8307 [5SE]

———repeal sunset relative to treatment of qualified public educational facility bonds as exempt facility bonds (S. 2777), S7310 [24JY]

Economy: national objectives priority assignments, S8711-S8718 [18SE], S8889, S8892-S8894, S8913 [19SE], S9005-S9008, S9010, S9011 [23SE], S9099 [24SE], S9179-S9183 [25SE], S9779, S9781, S9782, S9812 [2OC], S10403-S10412 [15OC], S10553-S10557 [16OC]

Enron Corp.: economic collapse, S262, S263 [4FE], S320 [5FE], S525 [8FE], S1991 [18MR], S2941 [18AP], S4619-S4621 [21MY], S10563 [16OC]

ERISA: provide for improved disclosure, diversification, account access, and accountability under individual account plans (S. 1919), S491 [7FE]

Fidelity Investments (business): Merrimack, NH, Chamber of Commerce Business of the Year award recipient, S1855 [13MR]

Financial Accounting Standards Board: issue report on financial accounting and reporting relative to the treatment of stock options, S10994-S10996 [14NO]

Financial institutions: merge bank and savings association deposit insurance funds and reform the Federal deposit insurance system (S. 1945), S854 [14FE], S895 [15FE]

———repeal prohibition on payment of interest on demand deposits (H.R. 1009), S2634 [12AP]

———repeal prohibition on payment of interest on demand deposits (H.R. 1009), placed on the calendar, S2637 [15AP]

International Telecommunications Satellite Organization (INTELSAT): extend deadline for initial public offering (S. 2810), S7439 [26JY]

Iron and steel industry: make certain steelworker retirees eligible for temporary health benefits under trade adjustment assistance programs, S4086, S4112, S4134-S4137 [9MY], S4439, S4459-S4472 [16MY], S4559 [20MY], S4581-S4591 [21MY], S4801-S4803 [23MY]

———remedy certain injurious effects of steel imports by protecting benefits of steelworkers and retirees and strengthening the U.S. steel industry (S. 2189), S2842-S2847 [17AP], S2940 [18AP], S3159 [23AP], S4586, S4589, S4590 [21MY]

NAFTA: ensure transparency of investor protection dispute resolution tribunals, S3801-S3807 [2MY]

Pensions: allow workers flexibility in treatment of investments in individual account plans and require certain disclosures prior to transaction suspension periods (S. 1971), S1253 [27FE], S10604-S10606 [17OC]

———application of catch-up contributions to the Federal Employees Thrift Savings Plan (H.R. 3340), S10959 [13NO]

———promote the provision of retirement investment advice to workers managing their retirement income assets (S. 1978), S1394 [1MR], S1929 [14MR]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities, S4246, S4247 [13MY], S4788 [23MY]

———provide additional protection to participants in individual account plans, promote investment advice, and prohibit certain insider trades of securities (S. 1969), S1212 [26FE], S1248 [27FE]

———provide greater protection of workers' retirement plans and prohibit certain activities by persons providing auditing services to issuers of public securities (S. 1921), S492 [7FE]

———provide workers in individual account plans with information on how their assets are invested and the need to diversify assets (S. 2185), S2838 [17AP]

———reform, S5263 [10JN], S5970, S5971 [25JN]

Pitt, Harvey L.: status as chairman of the SEC, S7132 [22JY], S10612 [17OC]

Power resources: increase transfer capability of electric energy transmission systems through participant-funded investment, S2224 [21MR], S2607 [12AP], S3284, S3285 [24AP]

Public Company Accounting Oversight Board: conduct oversight spot audits of public companies, S6748, S6749 [15JY]

Public Company Accounting Reform and Investor Protection Act: impact on small business, S6692 [12JY]

Public utilities: clarify regulations relative to private activity bonds and equity allocation, S3406, S3407 [25AP]

SEC: administrative enforcement of regulations relative to corporate executives and auditors, S10994-S10996 [14NO]

———authorizing appropriations (H.R. 3764), S7426 [26JY]

———enhance ability to impose civil fines, conduct investigations, and remove certain officers and directors of publicly traded companies, S6620-S6625 [11JY]

———require study of accounting treatment of special purpose entities, S6690 [12JY]

Securities: allow Federal enforcement actions based on State enforcement actions against microcap securities fraud and broaden SEC regulation of rogue brokers (S. 1985), S1537 [5MR]

Senior citizens: establish grant program to provide financial and retirement education programs to reduce financial abuse and fraud among mid-life and older individuals (S. 2982), S8932 [19SE]

Small Business Investment Act: amend (S. 1196), S4189 [10MY]

Social Security: ensure solvency, S3597 [1MY]

———investment of trust funds in private financial markets, S4577-S4579 [21MY], S5108-S5111 [6JN], S5393-S5395 [12JN], S5722-S5725 [19JN], S6732 [15JY], S7414-S7417 [26JY], S7851, S7852 [1AU]

———strengthen and permanently preserve through the power of investment and compound interest without benefit reductions or tax increases (S. 5), S11577 [19NO]

Taxation: allow certain small businesses to defer tax payments (S. 1903), S181 [28JA]

———allow corporate tax benefits from stock option compensation expenses only to the extent that such expenses are included in a corporation's financial statements (S. 1940), S735-S741 [13FE]

———allow employers a tax credit for providing independent investment advice to employees (S. 2087), S2488 [10AP]

———encourage retirement savings for individuals by providing a refundable credit for individuals to deposit in a Social Security Plus account (S. 2693), S6253-S6255 [27JN]

———ensure proper treatment of executives compensation (S. 2722), S6655 [11JY]

———ensure that stock options of public companies are granted to rank and file employees (S. 2877), S7942-S7945 [1AU]

———improve tax equity for military personnel, S9915-S9927 [3OC], S9937, S9978 [4OC]

———improve tax equity for military personnel (S. 2816), S7498 [29JY]

———increase deduction for expensing of certain depreciable assets by small businesses, S90 [24JA], S128-S130 [25JA], S160 [28JA], S200-S202 [29JA]

———increase expensing limits of small businesses for new business investment and equipment (S. 2023), S1979-S1981 [15MR]

———increase unified estate tax credit, S5346-S5358 [11JN], S5398-S5412, S5433-S5435 [12JN]

———make repeal of estate and gift taxes permanent, S220 [29JA], S315, S324-S334, S336 [5FE], S608, S637-S648 [12FE], S676, S677, S688, S691 [13FE]

———make repeal of estate taxes permanent, S2890-S2893 [18AP], S5397, S5404, S5413-S5435 [12JN], S7260 [24JY]

———make repeal of estate taxes permanent (H.R. 2143), S5258 [7JN], S5262 [10JN]

———modify unrelated business income limitation on investment in certain debt-financed properties, S386 [6FE]

———modify unrelated business income limitation on investment in certain debt-financed properties (S. 2022), S1978 [15MR]

———permanent repeal of estate tax on family-owned businesses and farms (S. 2994), S9118 [24SE]

———phase out estate and gift taxes (H.R. 8), S5343-S5358 [11JN], S5393, S5397-S5435 [12JN]

———phase out estate and gift taxes (H.R. 8), unanimous-consent agreement, S3117 [23AP]

———prohibit use of Social Security trust funds to make permanent certain scheduled tax cuts, S639, S640, S644, S645 [12FE], S676, S677, S691 [13FE]

———provide a credit to promote homeownership and community development (S. 3126), S10586 [16OC]

———provide for a tax deferral on gain from the sale of certain telecommunications businesses or tax incentives to promote ownership diversity (S. 3112), S10446 [15OC]

———require chief executive officers of corporations to sign tax returns, S6443 [9JY], S6557 [10JY]

———treatment of certain medical savings accounts, S279 [4FE]

———treatment of the sale of a principal residence, and death gratuity payments, by a member of the uniformed services (H.R. 5063), S9915-S9927 [3OC], S9937, S9978 [4OC]

———treatment of the sale of a principal residence by a member of the uniformed services or Foreign Service, S212, S218 [29JA]

Transportation: increase investments in rural areas (S. 3134), S10696 [17OC]

Transportation Equity Act for the 21st Century: provide highway infrastructure investment at the guaranteed funding level (H.R. 3694), S4424 [15MY], S4544 [17MY]

———provide highway infrastructure investment at the guaranteed funding level (H.R. 3694), unanimous-consent request, S7222 [23JY]

———provide highway infrastructure investment at the guaranteed funding level (S. 1917), S482, S489 [7FE]

Treaties and agreements: ensure equitable treatment of foreign and domestic investors under investor-State dispute settlement processes relative to compliance with local, State, and Federal regulations, S4267, S4268 [13MY], S4297, S4298 [14MY], S4593-S4605 [21MY]

Reports

Enron's Pawns—How Public Institutions Bankrolled Enron's Globalization Game: Institute for Policy Studies, E703-E705 [3MY]

Qualified Family-Owned Business Interests Deductions: Sirote & Permutt, P.C., S5410 [12JN]

SEC Accomplishments, E2147 [16DE]

Reports filed

Application of Federal Employees Thrift Savings Plan Catch-Up Contributions: Committee on Government Reform (House) (H.R. 3340) (H. Rept. 107-686), H6691 [25SE]

Armed Forces Tax Fairness Act: Committee on Finance (Senate) (H.R. 5063) (S. Rept. 107-283), S8671 [17SE]

Community Solutions Act: Committee on Finance (Senate) (H.R. 7) (S. Rept. 107-211), S6867 [16JY]

Consideration of H. Res. 524, Complete Congressional Action on H.R. 2143, Permanent Death Tax Repeal Act: Committee on Rules (House) (H. Res. 527) (H. Rept. 107-660), H6302 [17SE]

Consideration of H. Res. 540, Complete Congressional Action on H.R. 3762, Pension Security Act: Committee on Rules (House) (H. Res. 547) (H. Rept. 107-684), H6558 [24SE]

Consideration of H.R. 2143, Permanent Death Tax Repeal Act: Committee on Rules (House) (H. Res. 435) (H. Rept. 107-494), H3228 [5JN]

Consideration of H.R. 3762, Pension Security Act: Committee on Rules (House) (H. Res. 386) (H. Rept. 107-396), H1199 [10AP]

Consideration of H.R. 3763, Corporate and Auditing Accountability, Responsibility, and Transparency Act: Committee on Rules (House) (H. Res. 395) (H. Rept. 107-418), H1532 [23AP]

Consideration of Senate Amendments With an Amendment to H.R. 5063, Armed Forces Tax Fairness Act: Committee on Rules (House) (H. Res. 609) (H. Rept. 107-784), H8731 [13NO]

Corporate and Auditing Accountability, Responsibility, and Transparency Act: Committee on Financial Services (House) (H.R. 3763) (H. Rept. 107-414), H1489 [22AP]

Corporate and Criminal Fraud Accountability Act: Committee on the Judiciary (Senate) (S. 2010) (S. Rept. 107-146), S3900 [6MY]

Employee Retirement Savings Bill of Rights: Committee on Ways and Means (House) (H.R. 3669) (H. Rept. 107-382), H1087 [20MR]

Federal Deposit Insurance Reform Act: Committee on Financial Services (House) (H.R. 3717) (H. Rept. 107-467), H2606 [16MY]

Federal Employees Thrift Savings Plan Application of Catch-Up Contributions: Committee on Governmental Affairs (Senate) (S. 1822), S11573 [19NO]

Highway Funding Restoration Act: Committee on Environment and Public Works (Senate) (S. 1917) (S. Rept. 107-163), S5632 [17JN]

———Committee on Transportation and Infrastructure (House) (H.R. 3694) (H. Rept. 107-439), H2163 [7MY]

Indian Tribal Development Consolidated Funding Act: Committee on Indian Affairs (Senate) (S. 343) (S. Rept. 107-324), S10843 [12NO]

National Employee Savings and Trust Equity Guarantee Act: Committee on Finance (Senate) (S. 1971) (S. Rept. 107-242), S8091 [3SE]

Nomination of Cynthia A. Glassman to the SEC: Committee on Banking, Housing, and Urban Affairs (Senate), S7371 [25JY]

Nomination of Harvey J. Goldschmid to the SEC: Committee on Banking, Housing, and Urban Affairs (Senate), S7371 [25JY]

Nomination of Paul S. Atkins to the SEC: Committee on Banking, Housing, and Urban Affairs (Senate), S7371 [25JY]

Nomination of Roel C. Campos to the SEC: Committee on Banking, Housing, and Urban Affairs (Senate), S7371 [25JY]

Pension Security Act: Committee on Education and the Workforce (House) (H.R. 3762) (H. Rept. 107-383), H1151 [9AP]

Protecting America's Pensions Act: Committee on Health, Education, Labor, and Pensions (Senate) (S. 1992) (S. Rept. 107-226), S7430 [26JY]

Public Company Accounting Reform and Investor Protection Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2673), S6013 [25JN]

———Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2673) (S. Rept. 107-205), S6361 [8JY]

Same-Day Consideration of Consideration of Senate Amendments to H.R. 5063, Armed Forces Tax Fairness Act: Committee on Rules (House) (H. Res. 587) (H. Rept. 107-757), H7929 [15OC]

Sarbanes-Oxley Act: Committee of Conference (H.R. 3763) (H. Rept. 107-610), H5452 [24JY]

SEC Appropriations: Committee on Financial Services (House) (H.R. 3764) (H. Rept. 107-415), H1489 [22AP], H1618 [24AP]

Tax Treatment of Bonds and Other Obligations Issued by American Samoa: Committee on Resources (House) (H.R. 1448) (H. Rept. 107-417), H1532 [23AP]

———Committee on the Judiciary (House) (H.R. 1448) (H. Rept. 107-417), H2660 [20MY]

Tax Treatment of Capital Losses Applicable to Individuals: Committee on Ways and Means (House) (H.R. 1619) (H. Rept. 107-734), H7737 [9OC]

Rulings of the Chair

Statements

Treatment of Stock Options in Income Statements: Alan Greenspan, FRS, S6626 [11JY]

———Financial Accounting Standards Board, S6631 [11JY]

———Joseph E. Stiglitz, S6627 [11JY]

Studies

Less Than Zero—Enron's Corporate Income Tax Payments: Citizens for Tax Justice (organization), S736 [13FE]

Summaries

Charity Aid, Recovery, and Empowerment (CARE) Act (S. 1924), S555 [8FE]

Comprehensive Investor Protection Act (H.R. 3818), E238 [28FE]

Employee Pension Freedom Act (H.R. 3657), E59 [29JA]

Ending the Double Standard for Stock Options Act (S. 1940), S737 [13FE]

Rank and File Stock Option Act (S. 2877), S7945 [1AU]

Retirement Security Protection Act (S. 1919), S492 [7FE]

Social Security Commission Plans Would Entail Substantial Benefit Reductions and Large Subsidies for Private Accounts: Century Foundation and Center on Budget and Policy Priorities, S5724 [19JN]

Social Security Plus Account Act (S. 2693), S6255 [27JN]

Surveys

Employee Stock Options Should Be Expensed on Income Statements: Association for Investment Management Research, S740 [13FE]

Tables

Budget estimates from President Bush's budget submission relative to use of Social Security trust funds to make permanent certain scheduled tax cuts, S676 [13FE]

Comparison of distribution of highway funds under Transportation Equity Act for the 21st Century and H.J. Res. 123, continuing appropriations, H7954 [16OC]

Distributional effects of conference agreement to H.R. 1836, Economic Growth and Tax Relief Reconciliation Act, S7261 [24JY], S7511 [30JY]

Estimated revenue effects of making certain steelworker retirees eligible for temporary health benefits under trade adjustment assistance programs, S4590 [21MY]

Net change in equity book value and in debt U.S. nonfarm nonfinancial corporate business, S4621 [21MY]

Revenue effects of H.R. 2143, Permanent Death Tax Repeal Act, S7261 [24JY]

State losses of highway funds and employment due to proposed cuts in the Highway Trust Fund, H2407 [14MY]

State-by-State impact of $310 million rescission of highway contract authority in fiscal year 2002 supplemental appropriations, H5224 [23JY]

Testimonies

Pension Reform: Betty R. Moss, E151-E153 [14FE]

———Karl V. Farmer, E155 [14FE]

Texts of

H. Res. 386, consideration of H.R. 3762, Pension Security Act, H1205 [11AP]

H. Res. 395, consideration of H.R. 3763, Corporate and Auditing Accountability, Responsibility, and Transparency Act, H1540 [24AP]

H. Res. 435, consideration of H.R. 2143, Permanent Death Tax Repeal Act, H3238 [6JN]

H. Res. 524, complete congressional action on H.R. 2143, Permanent Death Tax Repeal Act, H6393 [19SE]

H. Res. 527, consideration of H. Res. 524 and H. Res. 525, complete congressional action on H.R. 2143, Permanent Death Tax Repeal Act, and H.R. 4737, Personal Responsibility, Work, and Family Promotion Act, H6376 [19SE]

H. Res. 540, complete congressional action on H.R. 3762, Pension Security Act, H6669 [25SE]

H. Res. 547, consideration of H. Res. 540, H. Res. 543, and H. Res. 544, complete congressional action on H.R. 3762, Pension Security Act, H.R. 4931, Retirement Savings Security Act, and H.R. 4019, make marriage penalty relief permanent, H6660 [25SE]

H. Res. 609, consideration of Senate amendments with an amendment to H.R. 5063, Armed Forces Tax Fairness Act, H8757 [14NO]

H.R. 1009, Business Checking Freedom Act, H1107 [9AP]

H.R. 1448, tax treatment of bonds and other obligations issued by American Samoa, H6518 [24SE]

H.R. 2143, Permanent Death Tax Repeal Act, H3249 [6JN]

H.R. 3340, application of catch-up contributions to the Federal Employees Thrift Savings Plan, H7056 [7OC]

H.R. 3694, Highway Funding Restoration Act, H2406 [14MY]

H.R. 3717, Federal Deposit Insurance Reform Act, H2787-H2794 [21MY]

H.R. 3762, Pension Security Act, H1217-H1233 [11AP]

H.R. 3763, Corporate and Auditing Accountability, Responsibility, and Transparency Act, S6779-S6793 [15JY]

H.R. 3764, SEC appropriations, H3905 [25JN]

H.R. 5063, Armed Forces Tax Fairness Act, S9923-S9927 [3OC], H4365 [9JY], H8794-H8798 [14NO]

H.R. 5118, Corporate Fraud Accountability Act, H4683 [16JY]

H.R. 5557, Armed Forces Tax Fairness Act, H7164 [7OC]

S. 1895, Independent Investment Advisers Act, S101 [24JA]

S. 1903, Business Retained Income During Growth and Expansion (BRIDGE) Act, S182 [28JA]

S. 1917, Highway Funding Restoration Act, S489 [7FE]

S. 1924, Charity Aid, Recovery, and Empowerment (CARE) Act, S546-S555 [8FE]

S. 1962, Capital Construction Fund Qualified Withdrawal Act, S908 [15FE]

S. 1969, Pension Security Act, S1213-S1216 [26FE]

S. 1971, National Employee Savings and Trust Equity Guarantee Act, S1254-S1257 [27FE]

S. 1978, Retirement Security Advice Act, S1394-S1396 [1MR]

S. 2003, Veterans Benefits and Pensions Protection Act, S1708 [8MR]

S. 2010, Corporate and Criminal Fraud Accountability Act, S1789 [12MR]

S. 2022, Small Business Investment Company Capital Access Act, S1979 [15MR]

S. 2087, allow employers a tax credit for providing independent investment advice to employees, S2489 [10AP]

S. 2185, provide workers in pension individual account plans with information on how their assets are invested and the need to diversify assets, S2839 [17AP]

S. 2189, Steel Industry Consolidation and Retiree Benefits Protection Act, S2844-S2847 [17AP]

S. 2810, International Telecommunications Satellite Organization (INTELSAT) initial public offering deadline extension, S7439 [26JY], H6142 [10SE]

S. 2816, Foreign and Armed Services Tax Fairness Act, S7499 [29JY]

S. 2877, Rank and File Stock Option Act, S7945 [1AU]

S. 2901, Corporate Accountability in Bankruptcy Act, S8100 [3SE]

S. 2911, repeal sunset of Economic Growth and Tax Relief Reconciliation Act relative to modifications to education individual retirement accounts, S8307 [5SE]

S. 2982, Education for Retirement Security Act, S8933 [19SE]

S. 2994, Estate Tax Repeal Acceleration (ExTRA) for Family-Owned Businesses and Farms Act, S9119-S9121 [24SE]

S. 3112, Telecommunications Ownership Diversification Act, S10447-S10449 [15OC]

S. 3134, Maximum Economic Growth for America Through Rural Transportation Investment (MEGA Rural) Act, S10697-S10699 [17OC]

S. 3139, Employee Pension Bankruptcy Protection Act, S10708 [17OC]