SECURITIES

Amendments

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (H.R. 8), H5502 [18JN]

———make repeal of estate taxes permanent (H.R. 8), consideration (H. Res. 281), H5482 [18JN]

Pensions: change the 30-year treasury bond rate to a composite corporate rate (H.R. 3108), H9251 [7OC], H9294 [8OC]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), H4013, H4014 [13MY], H4073 [14MY]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), consideration (H. Res. 230), H4039 [14MY]

Taxation: provide incentives for economic recovery (H.R. 2), S6738, S6739, S6740 [20MY], H3858 [8MY], H3887, H3940 [9MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report (H. Res. 253), H4715 [22MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report—same-day consideration (H. Res. 249), H4562 [22MY]

———provide incentives for economic recovery (S. 2), S6031 [12MY]

———provide incentives for economic recovery (S. 1054), S6143 [13MY], S6152, S6154, S6164, S6176, S6178, S6188, S6195, S6197, S6201, S6210, S6214, S6216, S6217, S6239, S6241, S6246, S6266, S6268, S6269, S6270, S6271, S6272, S6274, S6275, S6289, S6290, S6291, S6292, S6293, S6294, S6296, S6298, S6300, S6301, S6316, S6317, S6318, S6320, S6321, S6322, S6323, S6324, S6326, S6329, S6330, S6331, S6333, S6334, S6335, S6337, S6338, S6342, S6343, S6345, S6367, S6384, S6388, S6403 [14MY], S6409, S6422, S6426, S6432, S6434, S6435, S6437, S6438, S6439, S6441, S6442, S6443, S6451, S6452, S6454, S6455, S6456, S6518, S6520, S6522, S6523, S6524, S6525, S6526, S6527, S6528, S6529, S6530, S6531, S6532, S6533, S6548, S6549, S6551, S6552, S6553, S6556, S6562, S6564 [15MY]

Analyses

Jobs and Growth Reconciliation Tax Act (H.R. 2), H3829-H3832 [8MY]

Appointments

Conferees: H.R. 2, Jobs and Growth Tax Relief Reconciliation Act, S6475 [15MY], H4542 [22MY]

Articles and editorials

Bondland Botch, S9899 [24JY]

Economy—More Financial Jobs Go Offshore, S5797 [7MY]

Estate Tax Compromise Sought—House Set To Pass Repeal, but Supporters Know Senate Votes Aren't There, H5496 [18JN]

Even Luckier Duckies, S7226 [3JN]

Greenspan Says Tax Cut Without Spending Reductions Could Be Damaging, S5794 [7MY]

Investors First, H11544 [19NO]

Read My Lips, E1257 [13JN]

Regulation Begins at Home, H11542 [19NO]

Some Investors Could Trim Their Tax Bills to Near Zero, H4732 [22MY]

Stubborn Stagnation, S5796 [7MY]

Washington's Wild Ways Choke Recovery, S5796 [7MY]

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. 832), S5059 [9AP]

BIA: issue school construction funding bonds (see S. 594), S3504 [11MR]

Business and industry: require disclosure of insider sales of stock of publicly held companies be filed electronically (see H.R. 600), H321 [5FE]

———require mandatory expensing of stock options granted to executive officers (see S. 1890), S15187 [19NO] (see H.R. 3574), H12306 [21NO]

———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options (see S. 181), S1068 [16JA]

China, People's Republic of: urge fair resolution of claims of U.S. citizens who hold defaulted Chinese Government bonds (see H. Con. Res. 60), H1465 [27FE]

Churches and synagogues: permit church pension plans to be invested in collective trusts (see H.R. 1533), H2585 [1AP]

Dept. of the Treasury: prohibit use of surplus funds to make any investment in securities, other than Government and municipal securities (see H.R. 165), H57 [7JA]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (see H.R. 8), H5364 [12JN] (see H.R. 57), H53 (see H.R. 139), H56 (see H.R. 158), H57 [7JA]

———make repeal of estate taxes permanent (H.R. 8), consideration (see H. Res. 281), H5467 [17JN]

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. 781), H700 [13FE]

———protect customers whose identities are stolen from financial institutions (see H.R. 818), H702 [13FE]

———provide an exemption from certain requirements under the Gramm-Leach-Bliley Act (see H.R. 3681), H12919 [8DE]

———require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (see S. 1822), S14031 [5NO]

———strengthen consumer control over use and disclosure of personal financial and health information (see S. 1458), S9959 [25JY]

Financial Markets Oversight Commission: establish (see H.R. 1109), H1678 [6MR]

Government: prohibit from entering into contracts with companies that do not include certifications for certain financial reports (see H.R. 746), H461 [12FE]

Government National Mortgage Association: allow the guarantee of securities backed by Rural Housing Service guaranteed loans (see H.R. 2740), H6868 [15JY]

Government regulations: repeal certain laws that limit private securities actions (see H.R. 636), H322 [5FE]

Housing: extend registration and reporting requirements of the Federal securities laws to certain housing-related Government-sponsored enterprises (see H.R. 2022), H3761 [7MY]

Investments: enhance investor confidence by providing investors with easy online access to complete information about securities firms and their brokers (see H.R. 957), H1460 [27FE]

———improve transparency relative to fees and costs that mutual fund investors incur and improve corporate governance of mutual funds (see S. 1971), S15975 [25NO] (see H.R. 2420), H5265 [11JN]

———increase cap on qualified small issue bonds (see H.R. 1152), H1680 [6MR]

———prevent the practice of late trading by mutual funds (see S. 1958), S15975 [25NO]

———provide protection for investors, increase confidence in the capital markets system, and streamline the hiring process for certain employment positions in the SEC (see S. 496), S3027 [3MR] (see H.R. 658), H389 [11FE]

Jobs and Growth Tax Relief Reconciliation Act: make reduction in capital gains rates for individuals permanent (see H.R. 2635), H6262 [26JN]

———make the treatment of dividend income as capital gains permanent (see H.R. 2332), H4977 [4JN]

Pensions: change the 30-year treasury bond rate to a composite corporate rate (see H.R. 3108), H8380 [17SE]

———change the 30-year treasury bond rate to a composite corporate rate and establish a commission on defined benefit plans (see S. 1550), S10618 [31JY]

———promote the provision of retirement investment advice to workers managing their retirement income assets (see S. 1698), S12277 [1OC]

———protect retirement security of workers by ensuring assets are adequately diversified and providing workers with access to information about their plans (see S. 9), S35 [7JA]

———provide additional protection to participants in individual account plans and promote investment advice (see H.R. 1000), H1462 [27FE]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), consideration (see H. Res. 230), H4010 [13MY]

Rural Renaissance Corp.: establish to revitalize rural America (see S. 1796), S13516 [29OC]

SEC: augment emergency authority (see H.R. 657), H389 [11FE]

———enhance authority to investigate, punish, and deter securities laws violations and improve ability to return funds to defrauded investors (see H.R. 2179), H4527 [21MY]

———prevent publicly traded corporations from issuing stock options to top management in a manner detrimental to long-term interest of shareholders (see S. 690), S4275 [21MR]

———provide authority to impose civil money penalties in administrative proceedings for violations of securities laws (see S. 183), S1068 [16JA]

———require enhanced disclosures of employee stock options and require study on economic impact of broad-based employee stock option plans (see S. 979), S5650 [1MY] (see H.R. 1372), H2268 [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. 386), S2456 [13FE]

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), H55 (see H.R. 219), H59 [7JA]

Taxation: allow an income tax credit to holders of bonds issued to finance land and water reclamation of abandoned mine land areas (see H.R. 419), H218 [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. 182), S1068 [16JA] (see H.R. 626), H321 [5FE]

———allow deduction to corporations for dividends paid (see H.R. 312), H137 [8JA]

———allow deduction to corporations for dividends paid and exclusion of dividends for individuals (see H.R. 178), H58 [7JA]

———allow increase in the minimum credit against alternative minimum tax where stock acquired pursuant to incentive stock options is sold or exchanged at a loss (see S. 503), S3086 [4MR]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (see H.R. 496), H244 [29JA] (see H.R. 1989), H3682 [6MY]

———allow legally separated individuals to exclude U.S. savings bond income from gross income if used to pay higher education expenses (see H.R. 651), H327 [7FE]

———capital gains rates (see H.R. 2081), H4011 [13MY]

———clarify treatment of incentive stock options and employee stock purchases (see S. 206), S1479 [23JA] (see S. 697), S4325 [24MR] (see H.R. 286), H136 [8JA]

———creation of a new class of bonds for new school construction (see H.R. 740), H461 [12FE]

———deny a deduction for securities-related fines, penalties, and other amounts, and transfer revenues resulting from such denial to Fair Funds for the relief of victims (see S. 1975), S15975 [25NO]

———eliminate double taxation of dividends (see H.R. 50), H53 [7JA] (see H.R. 326), H138 [8JA]

———eliminate estate taxes (see S. 13), S2522 [14FE]

———eliminate noncorporate capital gains tax (see H.R. 301), H137 [8JA]

———ensure dividend and interest income of individuals not be taxed at rates in excess of the maximum capital gains rate (see S. 26), S35 [7JA]

———ensure dividend income of individuals not be taxed at rates in excess of the maximum capital gains rate (see S. 25), S35 [7JA]

———exclude dividends received by individuals from gross income (see S. 24), S35 [7JA] (see H.R. 225, 226), H59 [7JA]

———extend temporary repeal of estate taxes pending enactment of a permanent repeal (see S.J. Res. 20), S13134 [23OC] (see S.J. Res. 21), S13209 [24OC]

———increase and modify the exclusion for qualified small business stock and reduce the depreciation recovery period for certain restaurant buildings (see S. 106), S132 [9JA]

———increase transparency of corporate tax accounting, liability and strategies, facilitate analysis of financial statements, discourage abusive tax sheltering activities, and restore investor confidence (see H.R. 1556), H2702 [2AP]

———issuance of tax-exempt bonds by Indian tribal governments (see H.R. 386), H171 [27JA]

———issuance of tax-exempt bonds for certain air and water pollution control facilities and application of volume caps for private activity bonds for such facilities and water and sewage facilities (see S. 1917), S15406 [21NO] (see H.R. 3042), H8081 [9SE]

———modify at-risk rules for publicly traded nonrecourse debt (see H.R. 451), H242 [29JA]

———modify credit for holders of qualified zone academy bonds (see S. 1500), S10265 [30JY]

———modify treatment of qualified small issue bonds (see S. 756), S4629 [1AP] (see H.R. 882), H1332 [25FE]

———permanent repeal of estate tax on family-owned businesses and farms (see S. 34), S35 [7JA] (see H.R. 2513), H5551 [18JN]

———permit additional advanced refunding of tax-exempt bonds issued for the purchase or maintenance of assets used to generate, transmit, or distribute electricity (see S. 1290), S8232 [19JN] (see H.R. 2313), H4876 [3JN]

———provide incentives for economic recovery (see S. 1054), S6070 [13MY]

———provide incentives for economic recovery (H.R. 2), consideration (see H. Res. 227), H3855 [8MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report (see H. Res. 253), H4733 [22MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report—same-day consideration (see H. Res. 249), H4527 [21MY]

———reduce capital gains rates (see H.R. 311), H137 [8JA]

———reduce capital gains rates and allow exclusion of dividends for individuals (see H.R. 170), H57 [7JA]

———reduce capital gains rates and index the basis of certain assets (see H.R. 44), H53 [7JA]

———reduce estate and gift tax rates (see H.R. 2502), H5551 [18JN]

———reduce estate and gift tax rates, increase exclusion equivalent and establish inflation adjustment for the unified credit, and increase gift tax exclusion (see H.R. 2480), H5407 [16JN]

———reduce estate tax rates and increase exclusion equivalent and establish inflation adjustment for the unified credit (see H.R. 2481), H5407 [16JN] (see H.R. 2682), H6464 [9JY]

———reduce individual capital gains rates (see H.R. 42), H53 [7JA]

———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. 1789), H3351 [11AP]

———repeal estate, gift, and generation-skipping transfer taxes (see H.R. 51), H53 [7JA]

———repeal estate and generation-skipping transfer taxes (see S. 169), S848 [15JA]

———replace recapture bond provisions of low-income housing tax credit program (see H.R. 3610), H12308 [21NO]

———restore estate tax and repeal carryover basis rule, increase estate and gift tax unified credit, and reduce rate of estate and gifts taxes to the generally applicable capital gains rates (see H.R. 2610), H6261 [26JN]

———simplify Internal Revenue Code through revenue neutral proposals (see H.R. 1939), H3636 [1MY]

———stimulate economic development by enhancing the availability and benefits of small issue bonds (see H.R. 1140), H1680 [6MR]

———treat distributions from publicly traded partnerships as qualifying income of regulated investment companies (see S. 752), S4629 [1AP] (see H.R. 1536), H2585 [1AP]

———treat spaceports like airports under exempt facility bond rules (see H.R. 644), H322 [5FE]

———treatment of bonds and other obligations issued by American Samoa (see H.R. 982), H1461 [27FE]

———treatment of bonds originally issued to finance governmental facilities used for essential governmental functions (see S. 271), S1813 [30JA] (see H.R. 1076), H1515 [4MR]

———treatment of capital gains, interest and dividends, and repeal tax increase on Social Security benefits (see H.R. 1780), H3351 [11AP]

———treatment of capital losses by individuals (see H.R. 572), H319 [5FE]

———treatment of certain bonds issued by local governments in connection with delinquent real property taxes (see H.R. 1512), H2514 [31MR]

———treatment of corporate expatriation transactions (see S. 513), S3086 [4MR]

———treatment of gain from the sale of a business closely held by an individual who has attained age 62 (see H.R. 1419), H2310 [25MR]

———treatment of gold, silver, and platinum in the same manner as stocks and bonds for purposes of maximum capital gains rates (see S. 611), S3729 [13MR] (see H.R. 574), H319 [5FE]

———treatment of Indian tribal governments relative to issuance of tax-exempt governmental bonds (see S. 1526), S10618 [31JY] (see H.R. 1421), H2310 [25MR]

———treatment of individual investment accounts (see H.R. 3397), H10129 [29OC]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (see S. 992), S5725 [5MY] (see H.R. 808), H701 [13FE]

———treatment of small businesses (see S. 842), S5059 [9AP]

Transportation: provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation (see S. 1109), S6978 [22MY]

Conference reports

Jobs and Growth Tax Relief Reconciliation Act (H.R. 2), H4625-H4706 [22MY]

Letters

Accountant, Compliance, and Enforcement Staffing Act: Representative Oxley, Committee on Financial Services (House), H5423 [17JN]

———Representative Tom Davis, Committee on Government Reform (House), H5423 [17JN]

Death Tax Repeal Permanency Act: David J. Frederickson, National Farmers Union, H5508 [18JN]

———National Automobile Dealers Association, E1306 [19JN]

Enforcement of requirement that certain corporate officers certify financial reports: Daniel J. Bryant, Dept. of Justice, S5533 [30AP]

Financial Accounting Standards Board independence: Eugene D. O'Kelly, KPMG LLP, E1848 [22SE]

Jobs and Growth Reconciliation Tax Act: Thomas Zogg, H3882 [9MY]

Jobs and Growth Tax Relief Reconciliation Act: several Senators, S6472 [15MY]

———several State and local Government organizations, S6473 [15MY]

Mutual Fund Transparency Act: David Certner, AARP, S14039 [5NO]

———several organizations, S14038 [5NO]

Pension Security Act: Representative Boehner, Committee on Education and the Workforce (House), H4060 [14MY]

———Representative Thomas, Committee on Ways and Means (House), H4060 [14MY]

Prohibit personal loans to corporate directors or chief officers: Senators Collins and Levin, Committee on Governmental Affairs (Senate), S2179 [11FE]

SEC authority to impose civil money penalties in administrative proceedings for violations of securities laws: Harvey L. Pitt, SEC, S4947 [8AP]

———William H. Donaldson, SEC, S4946 [8AP]

SEC Civil Enforcement Act: Harvey L. Pitt, SEC, S1076 [16JA]

Motions

Pensions: provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), H4089 [14MY]

Taxation: provide incentives for economic recovery (H.R. 2), H3940, H3954 [9MY], H4534 [22MY]

———provide incentives for economic recovery (S. 1054), S6174 [14MY], S6408, S6410, S6411, S6412, S6414, S6421, S6423, S6424, S6425, S6426, S6428, S6429, S6430, S6431, S6432, S6441, S6443 [15MY]

Remarks in House

AMI Semiconductor, Inc.: initial public offering of common stock on Nasdaq National Market, E1972 [2OC]

Business and industry: protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws, H95, H114, H115 [8JA], H4059 [14MY]

Chicago Board Options Exchange: anniversary, E811 [30AP]

Churches and synagogues: permit church pension plans to be invested in collective trusts (H.R. 1533), H2558 [1AP], H7808 [3SE]

Committee on Appropriations (House): appropriations allocation revisions to H.R. 2, Jobs and Growth Tax Relief Reconciliation Act, H5354 [12JN]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent, H64 [8JA]

———make repeal of estate taxes permanent (H.R. 57), H1442 [27FE]

———make repeal of estate taxes permanent (H.R. 8), H5448 [17JN], H5472, H5473, H5492-H5514 [18JN], H5701-H5705 [23JN], E1306 [19JN], E1313 [20JN], E1357, E1358 [26JN]

———make repeal of estate taxes permanent (H.R. 8), consideration (H. Res. 281), H5475-H5491 [18JN]

FCC: strengthen regulatory guidelines to promote investment in the telecommunications industry, H2556 [1AP], H2870 [8AP]

Financial institutions: exempt attorneys from privacy provisions of the law repealing restrictions on the affiliation of banks, securities firms, and insurance companies (H.R. 781), E238, E244 [13FE]

———proposed changes to Federal home loan bank system, E100, E112 [29JA]

———protect customers whose identities are stolen from financial institutions (H.R. 818), E268 [13FE]

FRS: impact of money supply on economic conditions, H8003-H8009 [5SE]

Guam: effects of proposed tax cuts on revenue, H3646 [6MY]

Housing: extend registration and reporting requirements of the Federal securities laws to certain housing-related Government-sponsored enterprises, cosponsorship withdrawn (H.R. 2022), H6950 [16JY]

Investments: improve transparency relative to fees and costs that mutual fund investors incur and improve corporate governance of mutual funds (H.R. 2420), H11533-H11547 [19NO]

———protect mutual fund investors, H10461 [6NO]

———provide protection for investors, increase confidence in the capital markets system, and streamline the hiring process for certain employment positions in the SEC (H.R. 658), H5421-H5424 [17JN], E1294 [18JN]

Iraq: prohibit funding for relief and reconstruction efforts prior to a certain date, H9637, H9638 [17OC]

Pensions: change 30-year treasury bond rate to a fixed rate for calculation of the maximum cap on benefits under small business defined benefit plans, E2070 [17OC]

———change the 30-year treasury bond rate to a composite corporate rate, H11830, H11831 [20NO]

———change the 30-year treasury bond rate to a composite corporate rate (H.R. 3108), H9250 [7OC], H9293-H9302 [8OC], E1839 [17SE], E2070 [17OC]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), H3978 [13MY], H4021, H4040-H4092 [14MY], E338, E339 [27FE], E975, E980 [15MY]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), consideration (H. Res. 230), H4035-H4040 [14MY]

———provide additional protection to participants in individual account plans and promote investment advice (H.R. 1000), motion to recommit, H4090 [14MY]

Republican Party: national agenda, H5412 [17JN]

SEC: augment emergency authority (H.R. 657), H1341-H1343 [26FE]

Social Security: invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (H.R. 219), H2652 [2AP], E1 [8JA]

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. 626), E141 [6FE]

———allow deduction to corporations for dividends paid (H.R. 312), E44 [8JA]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (H.R. 1989), E877 [6MY]

———clarify treatment of incentive stock options and employee stock purchases (H.R. 286), E51 [8JA]

———eliminate double taxation of dividends, H65 [8JA], H1284 [25FE], H1441 [27FE], H1964 [19MR], H4225 [19MY]

———eliminate noncorporate capital gains tax (H.R. 301), E44 [8JA]

———exclude dividends received by individuals from gross income (H.R. 225), H397 [12FE], H1816 [13MR]

———permit additional advanced refunding of tax-exempt bonds issued for the purchase or maintenance of assets used to generate, transmit, or distribute electricity (H.R. 2313), E1114 [3JN]

———provide incentives for economic recovery, H8274, H8275 [16SE], H9287 [8OC]

———provide incentives for economic recovery (H.R. 2), H3409, H3410 [29AP], H3456, H3538, H3545-H3552 [30AP], H3574 [1MY], H3643-H3647, H3659, H3660, H3664-H3668 [6MY], H3686, H3687, H3739, H3740, H3742-H3744, H3747-H3755 [7MY], H3765, H3766, H3767, H3829, H3832-H3850 [8MY], H3861, H3862, H3863, H3902-H3956, H3958-H3970 [9MY], H3978, H3998 [13MY], H4022, H4094, H4096-H4098, H4100, H4101, H4107-H4113 [14MY], H4150, H4159 [15MY], H4225, H4246 [19MY], H4325, H4327, H4337-H4342 [20MY], H4372 [21MY], H4532, H4533, H4534 [22MY], E939, E940, E942 [13MY], E951 [14MY], E971 [15MY]

———provide incentives for economic recovery (H.R. 2), conference report, H4716-H4732 [22MY], H4742, H4757-H4761 [2JN], H4790, H4791, H4792, H4793, H4795, H4796, H4797, H4843-H4865 [3JN], H4881, H4882, H4883, H4954-H4964 [4JN], H4983, H4984, H4985, H4993, H5033 [5JN], H5048, H5057-H5059, H5063-H5067, H5069-H5076 [9JN], H5092, H5160 [10JN], H5349 [12JN], H5412 [17JN], H5690 [23JN], H10446-H10452 [5NO], H10982, H10990 [7NO], H12106 [21NO], E1089, E1092, E1096, E1100 [2JN], E1108 [3JN], E1257 [13JN]

———provide incentives for economic recovery (H.R. 2), consideration (H. Res. 227), H3864-H3902 [9MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report (H. Res. 253), H4706-H4715 [22MY]

———provide incentives for economic recovery (H.R. 2), consideration of conference report—same-day consideration (H. Res. 249), H4558-H4564 [22MY]

———provide incentives for economic recovery (H.R. 2), motion to instruct conferees, H4534-H4542 [22MY]

———provide incentives for economic recovery (H.R. 2), motion to recommit, H3953-H3955 [9MY]

———reduce capital gains rates (H.R. 311), H123 [8JA]

———reduce individual capital gains rates (H.R. 42), H5501 [18JN]

———repeal estate and gift taxes, H5412, H5452 [17JN]

———replace recapture bond provisions of low-income housing tax credit program (H.R. 3610), E2409 [22NO]

———require publicly-traded companies to disclose certain tax information to ensure accuracy and reliability of stated earnings, H1474 [4MR]

———simplify Internal Revenue Code through revenue neutral proposals (H.R. 1939), E851 [1MY]

———treat distributions from publicly traded partnerships as qualifying income of regulated investment companies (H.R. 1536), E640 [1AP]

———treatment of bonds and other obligations issued by American Samoa (H.R. 982), H10311, H10312 [4NO]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (H.R. 808), E265 [13FE]

———treatment of small businesses, H4372 [21MY]

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. 832), S5068 [9AP]

BIA: issue school construction funding bonds (S. 594), S3517 [11MR]

Business and industry: enforcement of requirement that certain corporate officers certify financial reports, S5533 [30AP]

———protect investors by improving the accuracy and reliability of corporate disclosures pursuant to securities laws, S5325 [11AP], S5533 [30AP]

———require mandatory expensing of stock options granted to executive officers (S. 1890), S15188-S15190 [19NO]

———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options (S. 181), S1074 [16JA]

Commodity Exchange Act: amend antifraud, false reporting, and civil enforcement authority, and clarify jurisdiction over transactions involving commodity futures and options, S15338 [21NO]

Corporations: prohibit personal loans to directors or chief officers, S2178 [11FE]

Dept. of Defense: condemn Defense Advanced Research Projects Agency proposal to create futures trading market on the likelihood of terrorist attacks, S10033 [28JY], S10082, S10083 [29JY]

Economic Growth and Tax Relief Reconciliation Act: accelerate estate tax repeal, S3966-S3973 [19MR], S4109 [20MR], S4508 [27MR]

———make repeal of estate taxes permanent (H.R. 8), S8260 [19JN], S8315 [20JN]

Economy: national objectives priority assignments, S21-S23 [7JA], S101 [9JA], S182-S192 [10JA]

Financial institutions: require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (S. 1822), S14038-S14043 [5NO]

FRS: impact of bond market prices on economic conditions, S9899 [24JY]

Investments: establish individual development accounts for certain individuals and families, S4941 [8AP]

———improve transparency relative to fees and costs that mutual fund investors incur and improve corporate governance of mutual funds (S. 1971), S16015-S16017 [25NO]

———prevent the practice of late trading by mutual funds (S. 1958), S15983-S15985 [25NO]

———provide protection for investors, increase confidence in the capital markets system, and streamline the hiring process for certain employment positions in the SEC (H.R. 658), S8260 [19JN]

Iraq: use of oil revenues to finance reconstruction, S12427-S12430 [3OC], S12487, S12488, S12514-S12521 [14OC], S12570, S12573 [15OC], S12771 [17OC], S13755 [3NO]

Medicare: improve reimbursement to rural health care providers and facilities by reducing tax cut on dividends, S6202-S6204 [14MY], S6413 [15MY]

Pensions: change the 30-year treasury bond rate to a composite corporate rate and establish a commission on defined benefit plans (S. 1550), S10683 [31JY]

———change the 30-year treasury bond rate to a composite corporate rate (H.R. 3108), unanimous-consent agreement, S16150 [9DE]

———promote the provision of retirement investment advice to workers managing their retirement income assets (S. 1698), S12289-S12293 [1OC]

———protect retirement security of workers by ensuring assets are adequately diversified and providing workers with access to information about their plans (S. 9), S134-S136 [9JA]

SEC: provide authority to impose civil money penalties in administrative proceedings for violations of securities laws, S4946-S4948 [8AP]

———provide authority to impose civil money penalties in administrative proceedings for violations of securities laws (S. 183), S1075 [16JA]

———require enhanced disclosures of employee stock options and require study on economic impact of broad-based employee stock option plans (S. 979), S5644, S5670-S5672 [1MY]

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. 386), S2462 [13FE], S15401 [21NO]

Social Security: ensure that trust fund surpluses are not reduced to fund tax cuts on corporate dividends, S6164-S6166, S6171-S6174 [14MY]

———investment of trust funds in private financial markets, S11739-S11746 [22SE]

States: ensure that fiscal relief is not compromised to fund tax cuts on corporate dividends, S6458, S6459 [15MY]

Taxation: abolish certain tax cuts, S6438, S6439 [15MY]

———accelerate dividend exclusion and increase in the child tax credit and expand refundability of such credit, S6178-S6180 [14MY], S6410 [15MY]

———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. 182), S1074 [16JA]

———deny a deduction for securities-related fines, penalties, and other amounts, and transfer revenues resulting from such denial to Fair Funds for the relief of victims (S. 1975), S16024 [25NO]

———eliminate double taxation of dividends, S3245 [6MR], S3784 [17MR], S4137 [20MR], S4244-S4246 [21MR], S5802 [7MY], S6200, S6223, S6245, S6248 [14MY], S6433, S6440 [15MY], S6950 [22MY]

———eliminate estate taxes (S. 13), S2548 [14FE], S2620 [24FE]

———ensure dividend and interest income of individuals not be taxed at rates in excess of the maximum capital gains rate (S. 26), S39 [7JA]

———ensure dividend income of individuals not be taxed at rates in excess of the maximum capital gains rate (S. 25), S39 [7JA]

———exclude dividends received by individuals from gross income (S. 24), S39 [7JA]

———extend temporary repeal of estate taxes pending enactment of a permanent repeal (S.J. Res. 20), S13147 [23OC]

———extend temporary repeal of estate taxes pending enactment of a permanent repeal (S.J. Res. 21), S13229 [24OC], S13323 [27OC]

———issuance of tax-exempt bonds for certain air and water pollution control facilities and application of volume caps for private activity bonds for such facilities and water and sewage facilities (S. 1917), S15414 [21NO]

———modify treatment of qualified small issue bonds (S. 756), S4639 [1AP]

———permit additional advanced refunding of tax-exempt bonds, S6248 [14MY]

———permit additional advanced refunding of tax-exempt bonds issued for the purchase or maintenance of assets used to generate, transmit, or distribute electricity (S. 1290), S8236 [19JN]

———provide for deficit reduction by delaying the acceleration of income tax reductions, S6439 [15MY]

———provide incentives for economic recovery, S182-S192 [10JA], S10890-S10892 [1AU]

———provide incentives for economic recovery (H.R. 2), S6572-S6574 [19MY]

———provide incentives for economic recovery (H.R. 2), conference report, S6950-S6964, S6969 [22MY], S7071-S7089, S7123 [23MY], S7186 [2JN], S7276 [4JN], S7512 [9JN], S7572 [10JN]

———provide incentives for economic recovery (H.R. 2), conference report—unanimous-consent agreement, S6964 [22MY]

———provide incentives for economic recovery (H.R. 2), insert S. 1054 language in lieu, S6474 [15MY]

———provide incentives for economic recovery (H.R. 2), unanimous-consent agreement, S6196 [14MY], S6738 [20MY]

———provide incentives for economic recovery (S. 2), S5514, S5515 [30AP], S5640 [1MY], S5744-S5747 [6MY], S5793-S5798 [7MY], S6014-S6022 [12MY]

———provide incentives for economic recovery (S. 1054), S6039-S6043, S6049, S6051-S6060 [13MY], S6147-S6226, S6233-S6248 [14MY], S6407-S6415, S6421-S6445, S6451-S6475 [15MY]

———provide incentives for economic recovery (S. 1054), unanimous-consent agreement, S6048 [13MY], S6196, S6226, S6405 [14MY]

———repeal dividend and top rate tax cuts and use savings for Medicare prescription drug program, S6437 [15MY]

———repeal estate and generation-skipping transfer taxes (S. 169), S854 [15JA]

———require chief executive officers of corporations to sign tax returns, S5043 [9AP], S6960 [22MY], S7084 [23MY]

———sunset certain tax increases, S6432 [15MY]

———treat distributions from publicly traded partnerships as qualifying income of regulated investment companies (S. 752), S4635 [1AP]

———treatment of bonds issued to nonprofit nursing homes and elderly care facilities, S5016 [9AP]

———treatment of bonds originally issued to finance governmental facilities used for essential governmental functions (S. 271), S1834 [30JA], S7229 [3JN]

———treatment of gold, silver, and platinum in the same manner as stocks and bonds for purposes of maximum capital gains rates (S. 611), S3732 [13MR]

———treatment of Indian tribal governments relative to issuance of tax-exempt governmental bonds (S. 1526), S10648 [31JY]

———treatment of policyholder dividends of mutual life insurance companies and policyholder surplus accounts (S. 992), S5736 [5MY]

———treatment of small businesses (S. 842), S5075 [9AP]

Reports filed

Accountant, Compliance, and Enforcement Staffing Act: Committee on Financial Services (House) (H.R. 658) (H. Rept. 108-63), H2937 [8AP]

Consideration of Conference Report on H.R. 2, Jobs and Growth Tax Relief Reconciliation Act: Committee on Rules (House) (H. Res. 253) (H. Rept. 108-129), H4733 [22MY]

Consideration of H.R. 2, Jobs and Growth Reconciliation Tax Act: Committee on Rules (House) (H. Res. 227) (H. Rept. 108-95), H3855 [8MY]

Consideration of H.R. 8, Death Tax Repeal Permanency Act: Committee on Rules (House) (H. Res. 281) (H. Rept. 108-157), H5467 [17JN]

Consideration of H.R. 1000, Pension Security Act: Committee on Rules (House) (H. Res. 230) (H. Rept. 108-98), H4010 [13MY]

Emergency Securities Response Act: Committee on Financial Services (House) (H.R. 657) (H. Rept. 108-19), H1331 [25FE]

Jobs and Growth Reconciliation Tax Act: Committee on Finance (Senate) (S. 2), S5995 [9MY]

———Committee on Ways and Means (House) (H.R. 2) (H. Rept. 108-94), H3855 [8MY]

Jobs and Growth Tax Relief Reconciliation Act: Committee of Conference (H.R. 2) (H. Rept. 108-126), H4733 [22MY]

———Committee on Finance (Senate) (S. 1054), S6070 [13MY]

Mutual Funds Integrity and Fee Transparency Act: Committee on Financial Services (House) (H.R. 2420) (H. Rept. 108-351), H10339 [4NO]

Pension Security Act: Committee on Education and the Workforce (House) (H.R. 1000) (H. Rept. 108-43), H1952 [18MR]

Permit Church Pension Plans To Be Invested in Collective Trusts: Committee on Financial Services (House) (H.R. 1533) (H. Rept. 108-248), H7838 [3SE]

Same-Day Consideration of Consideration of Conference Report on H.R. 2, Jobs and Growth Tax Relief Reconciliation Act: Committee on Rules (House) (H. Res. 249) (H. Rept. 108-124), H4527 [21MY]

Tax Treatment of Bonds and Other Obligations Issued by American Samoa: Committee on Resources (House) (H.R. 982) (H. Rept. 108-102), H9281 [7OC]

———Committee on the Judiciary (House) (H.R. 982) (H. Rept. 108-102), H4203 [15MY]

Rulings of the Chair

Taxation: provide incentives for economic recovery (H.R. 2), H3954 [9MY], H4537 [22MY]

———provide incentives for economic recovery (S. 1054), S6437, S6441 [15MY]

Statements

Pension Security Act: Executive Office of the President, H4069 [14MY]

Summaries

Require Mandatory Expensing of Stock Options Granted to Business Executive Officers (S. 1890), S15189 [19NO]

Tables

Budget outlook with conference tax cuts, H4711 [22MY]

Budget realities, S5794 [7MY], S7107 [23MY]

Economic Growth and Tax Relief Reconciliation Act final vote (2001), H4964 [4JN]

Texts of

H. Res. 227, consideration of H.R. 2, Jobs and Growth Reconciliation Tax Act, H3864 [9MY]

H. Res. 230, consideration of H.R. 1000, Pension Security Act, H4035 [14MY]

H. Res. 249, same-day consideration of consideration of conference report on H.R. 2, Jobs and Growth Tax Relief Reconciliation Act, H4558 [22MY]

H. Res. 253, consideration of conference report on H.R. 2, Jobs and Growth Tax Relief Reconciliation Act, H4706 [22MY]

H. Res. 281, consideration of H.R. 8, Death Tax Repeal Permanency Act, H5475 [18JN]

H.R. 2, Jobs and Growth Reconciliation Tax Act, H3902, H3910-H3913, H3940-H3953 [9MY]

H.R. 2, Jobs and Growth Tax Relief Reconciliation Act, S6741-S6786 [20MY]

H.R. 8, Death Tax Repeal Permanency Act, H5492 [18JN]

H.R. 657, Emergency Securities Response Act, H1341 [26FE]

H.R. 658, Accountant, Compliance, and Enforcement Staffing Act, H5421 [17JN]

H.R. 982, tax treatment of bonds and other obligations issued by American Samoa, H10311 [4NO]

H.R. 1000, Pension Security Act, H4040, H4050-H4059 [14MY]

H.R. 1533, permit church pension plans to be invested in collective trusts, H7808 [3SE]

H.R. 2420, Mutual Funds Integrity and Fee Transparency Act, H11533-H11537 [19NO]

H.R. 3108, Pension Funding Equity Act, H9251 [7OC], H9293, H9294 [8OC]

S. 24, exclude dividends received by individuals from gross income, S40 [7JA]

S. 25, ensure dividend income of individuals not be taxed at rates in excess of the maximum capital gains rate, S40 [7JA]

S. 26, ensure dividend and interest income of individuals not be taxed at rates in excess of the maximum capital gains rate, S41 [7JA]

S. 181, Stock Option Accounting Review Act, S1075 [16JA]

S. 182, Ending the Double Standard for Stock Options Act, S1075 [16JA]

S. 183, SEC Civil Enforcement Act, S1076-S1078 [16JA]

S. 271, Municipal Debt Refinancing Act, S1835 [30JA]

S. 386, Education for Retirement Security Act, S2463 [13FE]

S. 611, Fair Treatment for Precious Metal Investors Act, S3732 [13MR]

S. 756, modify tax treatment of qualified small issue bonds, S4639 [1AP]

S. 979, Broad-Based Stock Option Plan Transparency Act, S5671 [1MY]

S. 1109, Build America Bonds Act, S6989-S6991 [22MY]

S. 1290, permit additional advanced refunding of tax-exempt bonds issued for the purchase or maintenance of assets used to generate, transmit, or distribute electricity, S8236 [19JN]

S. 1526, Tribal Government Tax-Exempt Bond Fairness Act, S10648 [31JY]

S. 1698, Retirement Security Advice Act, S12290-S12292 [1OC]

S. 1796, Rural Renaissance Act, S13517-S13520 [29OC]

S. 1822, Mutual Fund Transparency Act, S14040 [5NO]

S. 1917, Clean Air and Water Investment and Infrastructure Act, S15414 [21NO]

S. 1971, Mutual Fund Investor Confidence Restoration Act, S16017-S16022 [25NO]