INVESTMENTS

Amendments

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (H.R. 8), H1933 [13AP]

———make repeal of estate taxes permanent (H.R. 8), consideration (H. Res. 202), H1919 [13AP]

Financial institutions: reform the Federal deposit insurance system (H.R. 1185), H2931, H2932, H2979 [4MY]

Articles and editorials

Bush May Back Curbs on Accounts—President Courts Critics of Social Security Plan, H269 [1FE]

BWC Lost $215 Million in High-Risk Fund, H4166 [7JN]

Dollar Jitters, S2062 [4MR]

Erosion of Estate Tax Is a Session in Politics, H1914 [13AP]

Fund Chairman Prepares To Bid a Fond Farewell, S1861 [1MR]

Paris Hilton Tax Cut, H1915 [13AP]

Pension Loopholes Helped United Hide Troubles, H4163 [7JN]

Push-Button Picks Just Too Simple, E973 [13MY]

Bills and resolutions

Alaska Native Claims Settlement Act: facilitate shareholder consideration of proposals to make Settlement Common Stock available to missed enrollees, eligible elders, and eligible persons of a certain age (see S. 449), S1623 [17FE] (see H.R. 1866), H2550 [26AP]

Armed Forces: enhance protection of members and their spouses from unscrupulous financial services sales practices through increased consumer education (see S. 1028), S5071 [12MY] (see H.R. 3472), H6933 [27JY]

———extend period after release from active duty during which a member is protected from mortgage foreclosure (see H.R. 2644), H4073 [25MY]

———prevent the sale of abusive insurance and investment products to military personnel (see S. 418), S1622 [17FE] (see H.R. 458, 461), H284 [1FE]

———require the Dept. of Defense to notify creditors of persons in military service and persons entering military service (see H.R. 3719), H7813 [8SE]

Bankruptcy: reform rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors (see S. 314), S1115 [8FE]

Business and industry: provide a corporate responsibility investment option under the Thrift Savings Plan (see H.R. 2187), H3054 [5MY]

———require additional disclosure to shareholders of executive compensation (see H.R. 4291), H10156 [10NO]

Capital Construction Fund: provide for qualified withdrawals for fishermen leaving the industry and for the rollover to individual retirement plans (see S. 343), S1259 [10FE] (see H.R. 2174), H3053 [5MY]

Children and youth: encourage savings, promote financial literacy, and expand opportunities for young adults by establishing KIDS Accounts (see S. 868), S4108 [21AP] (see H.R. 1767), H2470 [21AP]

Commodity Exchange Act: promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (see H.R. 4473), H11326 [8DE]

Community development: allow community reinvestment credit for investments and other financial support to enable employees to establish employee stock ownership plans or eligible worker owned cooperatives (see H.R. 2457), H3555 [18MY]

Corporations: make internal auditing control requirements of companies subject to securities laws voluntary (see H.R. 1641), H2100 [14AP]

Denmark: render nationals eligible to enter the U.S. as nonimmigrant traders and investors (see H.R. 3647), H7672 [6SE]

Dept. of Commerce: establish the Nanomanufacturing Investment Partnership (see H.R. 1491), H1844 [6AP]

Dept. of HUD: make grants to nonprofit community organizations to develop municipally-owned vacant lots in urban areas (see H.R. 1694), H2149 [19AP]

Dept. of the Treasury: require indefinite retention of records (including images) of redeemed savings bonds (see H.R. 3048), H5100 [23JN]

Drugs: provide incentives for investment in research and development of new medicines and to enhance access to new medicines (see H.R. 417), H235 [26JA]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (see S. 420), S1622 [17FE] (see H.R. 8), H790 [17FE] (see H.R. 183), H77 [4JA]

———make repeal of estate taxes permanent (H.R. 8), consideration (see H. Res. 202), H1893 [12AP]

Economy: provide fair wages for workers, create new jobs through investment, and provide fair trade and competitiveness (see S. 14), S142 [24JA]

Education: permanently increase the maximum annual contribution allowed to be made to Coverdell education savings accounts (see S. 75), S144 [24JA]

Employment: clarify overtime regulations, provide a fair minimum wage, and express support for multiemployer pension plans (see S. 846), S3897 [19AP]

———increase participation in section 401(k) plans through automatic contribution trusts (see S. 875), S4108 [21AP]

ERISA: impose a moratorium on terminations of certain plans in cases in which reorganization of contributing sponsors is sought in bankruptcy or insolvency proceedings (see S. 1158), S6022 [26MY] (see H.R. 2327), H3260 [12MY]

Ethiopia: prohibit allocation of foreign aid until claims of private property confiscated by the Ethiopian Government are resolved (see H.R. 1061), H941 [2MR]

FDIC: provide coverage for municipal deposits (see H.R. 544), H349 [2FE]

Federal Deposit Insurance Act: improve (see S. 2141), S13965 [17DE]

Federal Deposit Insurance Reform Act: technical corrections and conforming amendments necessary for implementation (see H.R. 4636), H12289 [18DE]

Federal employees: provide a real estate stock index investment option under the Thrift Savings Plan (see H.R. 1578), H1894 [12AP]

Financial institutions: divest U.S. pension or thrift savings plans and mutual funds sold or distributed in any U.S. financial institution that has outstanding loans to, or financial activities in Saudi Arabia (see H.R. 4543), H11653 [14DE]

———establish a fair order of posting checks and deposits to prevent unjust fees that accrue only by virtue of the order used (see H.R. 4415), H11034 [18NO]

———increase interaccount transfers from business accounts and require the FRS to pay interest on certain reserves (see S. 1586), S9467 [29JY]

———provide an exemption from certain requirements under the Gramm-Leach-Bliley Act (see H.R. 2387), H3434 [17MY]

———reform the Federal deposit insurance system (see H.R. 1185), H1263 [9MR]

———reform the Federal deposit insurance system (H.R. 1185), consideration (see H. Res. 255), H2878 [3MY]

———repeal prohibition on payment of interest on demand deposits (see H.R. 1224), H1368 [10MR]

———require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (see S. 1037), S5219 [16MY]

Forests: provide a tax exemption for forest conservation bonds (see S. 1530), S9284 [28JY]

Government regulations: improve the access of investors to regulatory records relative to securities brokers, dealers, and investment advisers (see H.R. 1077), H981 [3MR]

Housing: expand homeownership in States having high housing costs (see H.R. 176), H77 [4JA]

Iran: encourage divestiture of current investments, discourage future investments, and require disclosure to investors information relating to such investments (see H.R. 1743), H2394 [20AP]

———make information on certain investments in the energy sector available to the public (see S. 299), S1049 [7FE]

Medicare: permit eligible seniors to elect to receive vouchers for health savings accounts and/or premiums for high deductible health insurance plan and suspend certain late enrollment penalties (see H.R. 4551), H11878 [15DE]

Natural gas: reinstate regulation under the Commodity Exchange Act of futures, contracts, swaps, and hybrid instruments and require CFTC review and approval of certain transactions, contracts, and settlements (see H.R. 1638), H2100 [14AP]

Pensions: combine defined benefit plans and deferred compensation arrangements in a single plan (see H.R. 3899), H8386 [27SE]

———facilitate automatic enrollment of employees in certain pension plans (see H.R. 1508), H1845 [6AP]

———limit availability of benefits under nonqualified deferred compensation plans subject to distress or termination resulting from bankruptcy reorganization or conversion to cash balance plan (see S. 991), S4869 [10MY] (see H.R. 2233), H3112 [10MY]

———protect accrued benefits of participants during conversions of pension plans to cash balance plans (see H.R. 4274), H10144 [9NO]

———protect employee benefits in defined benefit plans and enforce age discrimination requirements that apply to conversion of pension plans to cash balance plans (see S. 1304), S7294 [23JN] (see H.R. 4052), H8808 [7OC]

———protect retirement security of workers by ensuring assets are adequately diversified and providing workers with access to information about their plans (see S. 219), S647 [31JA] (see S. 1953), S12238 [2NO]

———provide the opportunity to provide for retirement through Savings Account for Every American (S.A.F.E.) accounts (see H.R. 3069), H5176 [24JN]

———require advance disclosure to shareholders of certain executive pension plans (see H.R. 3031), H4984 [22JN]

———revise funding and deduction rules for multiemployer defined benefit plans (see S. 1825), S11130 [5OC]

Rural areas: reward the hard work and risk of individuals who live in and help preserve small, rural towns (see S. 675), S2995 [17MR]

Rural Renaissance Corp.: establish (see S. 502), S2003 [3MR]

SBA: establish Angel Investment Program (see H.R. 4565), H11879 [15DE]

———expand the HUBZone program to include Guam, Virgin Islands, American Samoa, and the Northern Mariana Islands (see H.R. 1148), H1023 [8MR]

———permit business concerns owned by venture capital operating companies to participate in the Small Business Innovation Research Program (see S. 1263), S6740 [16JN] (see H.R. 2943), H4655 [16JN]

———reform the Small Business Investment Companies program relative to companies licensed to issue participating debentures (see S. 1923), S11917 [26OC]

SEC: establish rules and procedures for delegation of compliance and inspections authority to operating divisions (see H.R. 4618), H12167 [17DE]

———require enhanced disclosures of employee stock options and require study on economic impact of broad-based employee stock option plans (see H.R. 913), H792 [17FE]

Securities: clarify the Permanent University Fund arbitrage exception and increase amount of securities and obligations benefiting from the exception (see S. 1474), S8746 [22JY]

———clarify the Permanent University Fund arbitrage exception and increase amount of securities and obligations benefiting from the exeption (see H.R. 2661), H4138 [26MY]

———issue Hurricane Katrina Relief EE savings bonds (see H.R. 3892), H8341 [22SE]

———issue Hurricane Relief Bonds in response to Hurricanes Katrina and Rita and subsequent flooding and displacement of residents in certain federally designated disaster areas (see H.R. 3935), H8513 [28SE]

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. 924), S4398 [27AP] (see H.R. 392), H234 [26JA]

Small business: provide incentives for investment (see S. 1396), S8301 [14JY] (see H.R. 436), H283 [1FE]

Small Business Act: provide for increased access to capital for small businesses under the section 7(a) guarantee loan program (see H.R. 1868), H2646 [27AP]

Small Business Investment Act: establish a participating debenture program (see H.R. 3429), H6649 [26JY]

Social Security: allow diversion of percentage of payroll tax payments into personal investment plans and extend the Old-Age, Survivors, and Disability Insurance Program (see H.R. 440), H283 [1FE]

———dedicate surpluses to personal accounts that can only be used to pay Social Security benefits (see H.R. 3304), H5913 [14JY]

———establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund and enact legislation allowing for investment of the Trust Fund in non-Federal obligations (see H.R. 3435), H6649 [26JY]

———establish an effective real annual rate of interest for special obligations issued to trust funds (see H.R. 1123), H983 [3MR]

———establish and maintain personal Social Security investment accounts (see H.R. 1800), H2471 [21AP]

———express concern relative to pending bankruptcy and call for reform (see H. Res. 168), H1695 [17MR]

———include comprehensive fiduciary standards in any legislation providing for individual accounts (see H. Con. Res. 54), H584 [10FE]

———invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (see H.R. 219), H78 [4JA]

———protect solvency by mandating that trust fund monies cannot be diverted to create private accounts (see H.R. 1330), H1620 [16MR]

———provide each child with a KidSave Account (see H.R. 1041), H940 [2MR]

———provide for enhanced retirement security in the form of an Individual Social Security Investment Program (see H.R. 530), H349 [2FE]

———provide for investment and protection of surpluses (see H.R. 3913), H8387 [27SE]

———recognize effects of reform proposals on women (see H. Res. 61), H286 [1FE]

———reform by establishing a Personal Social Security Savings Program and provide new limitations on the budget (see S. 857), S4021 [20AP] (see H.R. 1776), H2470 [21AP]

———strengthen and permanently preserve (see S. 540), S2148 [7MR]

SSI: increase incentives for working, saving, and pursuing an education (see H.R. 1682), H2148 [19AP]

Taxation: adjust capital gains treatment of art and collectibles and provide a deduction for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor (see S. 1186), S6154 [7JN] (see H.R. 2786), H4187 [7JN]

———allow a credit to C corporations which have substantial employee ownership and encourage stock ownership by employees by excluding from gross income stock paid as compensation for services (see H.R. 3653), H7672 [6SE]

———allow a credit to holders of qualified bonds issued to finance certain energy projects (see S. 962), S4546 [28AP] (see H.R. 2794), H4295 [8JN]

———allow a credit to holders of qualified bonds issued to finance certain rural development projects (see S. 1253), S6658 [15JN]

———allow a deduction for contributions to individual investment accounts (see H.R. 339), H194 [25JA]

———allow a deduction for premiums for high deductible health plans required relative to health savings accounts (see H.R. 37), H72 [4JA]

———allow a lump sum contribution to Coverdell education savings accounts whenever the contribution limit is increased (see H.R. 264), H137 [6JA]

———allow a tax credit against qualified equity investments in companies affected by Hurricane Kartrina (see H.R. 4404), H11033 [18NO]

———allow an income tax credit to holders of bonds issued to finance land and water reclamation of abandoned mine land areas (see H.R. 1165), H1024 [8MR]

———allow businesses to expense qualified security devices (see H.R. 875), H791 [17FE]

———allow certain surviving spouses to exclude certain gains from the sale of a principal residence (see H.R. 3803), H8087 [15SE]

———allow exclusion of tax-exempt bonds issued for health care or educational purposes in determination of interest expenses of financial institutions (see H.R. 1140), H1023 [8MR]

———allow full expensing for the cost of qualified refinery property in the year the property is placed in service, and classify petroleum refining property as 5-year property for depreciation (see S. 1781), S10594 [28SE]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (see S. 1740), S10294 [21SE] (see H.R. 196), H77 [4JA] (see H.R. 2121), H3052 [5MY]

———allow investment of certain coins in individual retirement accounts and other individually directed pension plan accounts (see S. 804), S3653 [14AP]

———allow legally separated individuals to exclude U.S. savings bond income from gross income if used to pay higher education expenses (see H.R. 3460), H6933 [27JY]

———allow loans from individual retirement plans for qualified small business capital assets (see H.R. 3872), H8341 [22SE]

———allow look-through treatment of payments between related foreign corporations (see S. 750), S3413 [11AP] (see H.R. 1762), H2470 [21AP]

———allow new investment in, or mergers of biomedical research corporations without limiting tax benefits of net operating losses (see S. 1893), S11559 [19OC] (see H.R. 4082), H8985 [19OC]

———allow penalty-free withdrawals from individual retirement plans for adoption expenses (see H.R. 2968), H4721 [17JN]

———allow tax-free distributions from individual retirement accounts for charitable contributions (see S. 1366), S7820 [30JN] (see H.R. 1607), H1968 [13AP]

———allow use of flexible spending and health reimbursement arrangements in combination with health savings accounts (see H.R. 4511), H11503 [13DE]

———allow victims of Hurricane Katrina to withdraw funds from retirement plans without penalty (see H.R. 3733), H7860 (see H.R. 3759), H7861 [13SE]

———allow victims of Presidentially-declared disasters to withdraw funds from retirement plans without penalty (see H.R. 3741, 3742), H7860 [13SE]

———applicability of volume cap for private activity bonds to bonds for facilities for the furnishing of water and sewage facilities (see H.R. 1708), H2149 [19AP]

———assist families to save and invest by modifying the saver's credit that matches retirement savings of low-income families (see H.R. 1519), H1845 [6AP]

———authorize States, localities, the District of Columbia, territories, and possessions of the U.S. to provide certain tax incentives to any person for economic development purposes (see S. 1066), S5437 [18MY] (see H.R. 2471), H3556 [18MY]

———clarify that a North American Development Bank guarantee is not considered a Federal guarantee for purposes of determining tax-exempt status of bonds (see S. 533), S2083 [4MR] (see H.R. 1771), H2470 [21AP]

———clarify the application of tax code relative to regulated investment companies (see H.R. 4393), H11033 [18NO]

———clarify the small issuer exception from the tax-exempt bond arbitrage rebate requirement (see H.R. 1171), H1024 [8MR]

———create lifetime savings accounts (see S. 545), S2244 [8MR] (see H.R. 1163), H1024 [8MR]

———eliminate capital gains tax on investments in the Hurricane Katrina disaster area to reduce estate taxes for victims (see H.R. 4035), H8808 [7OC]

———eliminate marriage penalty in contribution rules for Roth individual retirement accounts (see H.R. 293), H141 [20JA]

———encourage guaranteed lifetime income payments by excluding from income a portion of such payments (see H.R. 2951), H4655 [16JN]

———encourage guaranteed lifetime income payments from annuities (see H.R. 3912), H8386 [27SE]

———exclude from gross income a portion of lifetime income payments from annuities and similiar payments of life insurance proceeds at dates later than death (see S. 381), S1413 [15FE] (see H.R. 819), H629 [15FE]

———exclude from gross income certain interest amounts received by individuals (see H.R. 221), H78 [4JA]

———exclude from gross income interest received on loans secured by agricultural real property (see S. 238), S738 [1FE] (see H.R. 399), H234 [26JA]

———exclude from gross income the gain from the sale of a principal residence by certain employees of the intelligence community (see S. 469), S1794 [28FE]

———exempt from income tax the gain from the sale of a business closely held by an individual who has attained age 62 (see H.R. 3461), H6933 [27JY]

———exempt withdrawals from retirement plans by victims of Presidentially-declared disasters from gross income and the additional tax on early distributions (see H.R. 3751), H7860 [13SE]

———expand incentives for saving (see H.R. 3574), H7559 [28JY]

———extend the exemption from unrelated business tax for debt-financed property to church pension plans (see H.R. 3587), H7560 [28JY]

———extend the new market tax credit (see S. 1800), S10724 [29SE] (see H.R. 3957), H8643 [29SE]

———guarantee tax-exempt bonds for the purpose of rebuilding the Gulf Coast from the impacts of Hurricanes Katrina and Rita (see H.R. 3947), H8642 [29SE]

———improve operation of employee stock ownership plans (see S. 1319), S7520 [28JN] (see H.R. 3111), H5434 (see H.R. 3111), H5479 [29JN]

———include combat pay in determining allowable contributions to an individual retirement plan (see S. 601), S2482 [10MR]

———increase participation and savings in cash or deferred plans through automatic contribution and default investment arrangements (see S. 1590), S9468 [29JY] (see S. 1819), S10972 [4OC]

———increase retirement savings and security, facilitate provision of guaranteed retirement income for life, and make retirement plan rules simpler and more equitable (see S. 1359), S7820 [30JN]

———inflation adjustment of the dollar limitation on the exclusion of gain on the sale of a principal residence (see H.R. 2757), H4186 [7JN]

———maintain current mortgage interest deduction (see H. Con. Res. 272), H9043 [20OC]

———make individual income tax rates for capital gains and dividends permanent (see H.R. 809), H628 [15FE]

———make permanent the 7-year depreciation recovery period for motorsport entertainment complexes (see S. 441), S1623 [17FE] (see H.R. 930), H793 [17FE]

———make permanent the 15-year depreciation recovery period for restaurant property improvements and extend to new restaurant construction (see S. 419), S1622 [17FE] (see H.R. 920), H793 [17FE]

———make permanent the rate reductions for individual income taxes and capital gains and dividend taxes, and the repeal of estate, gift, and generation-skipping transfer taxes (see S. 7), S142 [24JA]

———make permanent the shorter recovery period for the depreciation of certain leasehold improvements (see S. 621), S2734 [15MR] (see H.R. 1663), H2101 [14AP]

———make reduction in individual capital gains tax rates permanent and further reduce and simplify such rates and reduce corporate capital gains rate (see H.R. 1500), H1844 [6AP]

———make the credit for prior year minimum tax liability refundable for certain individuals and require returns with respect to certain stock options (see H.R. 3385), H6327 [21JY]

———modify definition of compensation for purposes of determining the limits on contributions to individual retirement accounts and annuities (see S. 2086), S13501 [13DE]

———modify the active business definition relative to corporate reorganization or division (see S. 1327), S7613 [29JN] (see H.R. 2911), H4560 [15JN]

———modify treatment of qualified small issue bonds (see H.R. 2941), H4655 [16JN]

———permanent repeal of estate tax on family-owned businesses and farms (see S. 928), S4398 [27AP] (see H.R. 1624), H1969 [13AP]

———permanently increase the maximum annual contribution allowed to be made to Coverdell education savings accounts and provide deduction for contributions to education savings accounts (see S. 76), S144 [24JA]

———permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt in order to improve such facilities in rural areas (see S. 157), S436 [25JA] (see H.R. 2378), H3331 [16MY]

———permit one-time, tax-free distributions from retirement plans to fund health savings accounts (see H.R. 2063), H2879 [3MY]

———permit rollovers from retirement plans to health savings accounts (see H.R. 3873), H8341 [22SE]

———permit startup partnerships and S corporations to elect taxable years other than required years (see H.R. 4006), H8733 [6OC]

———prevent dividends received from corporations in tax havens from receiving a reduced rate (see S. 1363), S7820 [30JN]

———promote State historic tax credits (see H.R. 2488), H3693 [19MY]

———provide a credit dependent on enactment of State qualified scholarship tax credits and allowed against the Federal income tax for charitable contributions to certain education investment organizations (see H.R. 4400), H11033 [18NO]

———provide a credit for small business employee training expenses, increase the exclusion of capital gains from small business stocks, and extend expensing for small businesses (see S. 2111), S13659 [15DE]

———provide a credit to promote homeownership and community development (see S. 859), S4021 [20AP] (see H.R. 1549), H1893 [12AP]

———provide a one-time increase in the amount excludable from the sale of a principal residence by taxpayers of a certain age (see H.R. 2127), H3052 [5MY]

———provide a shorter recovery period for the depreciation of certain restaurant buildings (see H.R. 3123), H5434 (see H.R. 3123), H5479 [29JN]

———provide a shorter recovery period for the depreciation of certain systems installed in nonresidential buildings (see H.R. 1241), H1369 [10MR]

———provide capital gains tax treatment for certain self-created musical works (see S. 1100), S5778 [23MY] (see H.R. 2594), H3893 [24MY]

———provide credit for farmers' investments in value-added agriculture (see H.R. 142), H76 [4JA]

———provide for a tax deferral on gain from the sale of certain telecommunications businesses or tax incentives to promote ownership diversity (see H.R. 1473), H1777 [5AP]

———provide for an enhanced deduction for qualified residence interest on acquisition indebtedness for heritage homes (see H.R. 348), H195 [25JA]

———provide for employer retirement savings accounts (see S. 547), S2244 [8MR] (see H.R. 1161), H1024 [8MR]

———provide for Gulf tax credit bonds and advance refundings of certain tax-exempt bonds, and provide a Federal guarantee of certain State bonds (see H.R. 4337), H10501 [16NO]

———provide for retirement savings accounts (see S. 546), S2244 [8MR] (see H.R. 1162), H1024 [8MR]

———provide for Small Business Protection Accounts (see H.R. 3586), H7560 [28JY]

———provide for tax-exempt qualified small issue bonds to finance agricultural processing property (see H.R. 3874), H8341 [22SE]

———provide incentives for charitable contributions, improve public disclosure by certain organizations, and enhance ability of low-income individuals to build assets (see S. 1780), S10594 [28SE]

———provide incentives for investing in companies involved in space-related activities (see H.R. 1024), H846 [1MR]

———provide incentives to establish Individual Development Accounts (see S. 922), S4397 [27AP]

———provide small business tax incentives, increase the minimum wage, and increase the exemption for annual gross volume of business done by an enterprise (see H.R. 1091), H981 [3MR]

———provide tax relief for the conversion of cooperative housing corporations into condominiums (see S. 83), S144 [24JA]

———provide that distributions from certain retirement plans are not included in gross income if used to pay long-term care insurance premiums (see S. 1706), S10119 [15SE] (see H.R. 976), H795 [17FE] (see H.R. 4220), H9640 [3NO]

———provide that the credit for producing fuel from a nonconventional source shall apply to gas produced onshore from certain formations (see S. 926), S4398 [27AP] (see H.R. 454), H283 [1FE]

———provide transition funding rules for certain plans, including airline industry pension plans, electing to cease future benefit accruals (see S. 861), S4021 [20AP] (see H.R. 2106), H2977 [4MY]

———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. 1568), H1894 [12AP] (see H.R. 1614), H1968 [13AP]

———reduce recognition period for built-in gains for S corporations (see S. 965), S4547 [28AP] (see H.R. 2239), H3113 [10MY]

———remove the requirement of a mandatory beginning date for distributions from individual retirement accounts and elective deferrals under qualified cash or deferred arrangements (see H.R. 195), H77 [4JA]

———repeal certain limitations on expensing certain property and allow taxpayers to elect shorter recovery periods for purposes of determining the deduction for depreciation (see H.R. 4129), H9102 [25OC]

———repeal dollar limitation on contributions to funeral trusts (see H.R. 3061), H5176 [24JN]

———repeal estate, gift, and generation-skipping transfer taxes (see H.R. 64), H73 [4JA]

———repeal estate and generation-skipping transfer taxes (see S. 988), S4869 [10MY]

———repeal excise tax on the net investment income of tax-exempt foundations (see H.R. 217), H78 [4JA]

———repeal sunset on reduction of capital gains rates for individuals and on taxation of dividends of individuals at capital gain rates (see S. 1524), S9284 [28JY]

———repeal tax deferral on income of controlled foreign corporations attributable to imported property (see S. 196), S574 [26JA] (see S. 872), S4108 [21AP]

———restore estate tax and repeal carryover basis rule and increase estate tax unified credit (see H.R. 1574), H1894 [12AP]

———retain estate tax with an immediate exemption increase and repeal new carryover basis rules (see H.R. 1577), H1894 [12AP]

———S corporation reform (see H.R. 4421), H11034 [18NO]

———simplify Internal Revenue Code through revenue neutral proposals (see H.R. 2950), H4655 [16JN]

———simplify the earned income tax credit eligibility requirements regarding filing status, presence of children, investment income, and work and immigrant status (see S. 2139), S13786 [16DE]

———treat certain farming business machinery and equipment as 5-year property for purposes of depreciation (see S. 1864), S11313 [7OC] (see H.R. 4236), H9695 [4NO]

———treat certain publicly-traded debt issued or guaranteed by Federal, state or local governments as qualified nonrecourse financing (see H.R. 919), H793 [17FE]

———treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities and mutual funds for purposes of the maximum capital gains rate for individuals (see S. 1157), S6022 [26MY] (see H.R. 1772), H2470 [21AP]

———treat spaceports like airports under exempt facility bond rules (see H.R. 3643), H7613 [29JY]

———treatment of unused nontaxable benefits under cafeteria plans and flexible spending arrangements (see S. 309), S1115 [8FE] (see H.R. 1803), H2471 [21AP]

———treatment of unused nontaxable benefits under health flexible spending arrangements (see H.R. 1998), H2736 [28AP]

———waive early withdrawal penalty for distributions from qualified retirement plans for individuals who served in a combat zone as a member of the Armed Forces (see H.R. 1094), H982 [3MR]

———waive early withdrawal penalty for distributions from qualified retirement plans to certain unemployed individuals who have attained age 50 (see H.R. 350), H195 [25JA]

Technology: promote deployment of, and investment in, advanced Internet communications services (see H.R. 214), H78 [4JA]

Telecommunications: promote the widespread availability of communications services and the integrity of communication facilities, and encourage investment in communication networks (see S. 2113), S13659 [15DE]

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. 428), S1622 [17FE]

Treaties and agreements: adhere to moral and ethical principles of economic justice and fairness in developing and advancing U.S. international trade treaties, agreements, and investment policies (see H. Res. 115), H719 [16FE]

———require that trade and investment agreements that are negotiated by the executive branch with other countries must comply with certain minimum standards (see S. Con. Res. 12), S1414 [15FE] (see H. Con. Res. 295), H10156 [10NO]

Veterans: provide housing loan benefits for the purchase of residential cooperative apartment units (see S. 2121), S13786 [16DE] (see H.R. 4537), H11653 [14DE]

YWCA: clarify the status of retirement benefits under certain benefit accrual standards (see H.R. 4428), H11034 [18NO] (see H.R. 4455), H11219 [7DE]

Cloture motions

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (H.R. 8), motion to proceed, S9558 [29JY]

Explanations

Federal Deposit Insurance Reform Act (H.R. 4636), E2624 [19DE]

Letters

Clarify treatment of multiemployer defined benefit plans: several Senators, S12912 [16NO]

Commodity Exchange Act amendments to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives: Alan Greenspan, FRS, H11558 [14DE]

———Christopher Cox, SEC, H11558 [14DE]

———President's Working Group on Financial Markets, H11556 [14DE]

———Randal K. Quarles, Dept. of the Treasury, H11558 [14DE]

———Reuben Jeffery III, CFTC, H11558 [14DE]

Death Tax Repeal Permanency Act: several agricultural organizations, H1935 [13AP]

Federal Deposit Insurance Reform Act: Steve Bartlett, Financial Services Roundtable (organization), H2934 [4MY]

Gulf Opportunity Zone Public Finance Relief Act: Representative Oxley, Committee on Financial Services (House), E2416 [18NO]

———Representative Thomas, Committee on Ways and Means (House), E2416 [18NO]

Modify definition of disinterested person in the bankruptcy code relative to conflict-of-interest standards: William H. Donaldson, SEC, S2330 [9MR]

———several consumer organizations, S2329 [9MR]

Mutual Fund Transparency Act: David Certner, AARP, S5224 [16MY]

———several consumer organizations, S5223 [16MY]

Reform rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors: Berry D. Spears, S1128 [8FE]

———Commercial Law League of America, S1127 [8FE]

———Corinne Cooper, S1128 [8FE]

———Elizabeth Warren, S1127 [8FE]

———Greg Abbott, Texas Attorney General, S1126 [8FE]

———Jay L. Westbrook and Benno C. Schmidt, S1128 [8FE]

———L.E. Creel III, S1128 [8FE]

———Lynn M. LoPucki, S1128 [8FE]

———Robin Schausell, National Association of Credit Management, S1129 [8FE]

———Russell L. Munsch, S1129 [8FE]

———Scott Harshbarger, S1127 [8FE]

———Travis B. Plunkett, Consumer Federation of America, S1909 [2MR]

———William Greendyke, S1129 [8FE]

———several State attorneys general, S1903 [2MR]

Social Security reform: Michael Pesho, S723 [1FE]

Social Security reform proposals based on race and gender: Representatives Maloney and Pallone, H225, H226 [26JA]

———several Members of Congress, H264 [1FE]

Lists

Multi-Employer Pension Plan Coalition members, S12896 [16NO]

Organizations opposed to Social Security privatization proposals, H841 [1MR]

Quotes by Federal financial leaders on maintaining current Federal deposit insurance rates, H2935 [4MY]

Remarks in House

AARP: characterization in certain television ads relative to position on Social Security privatization proposals, H842 [1MR]

Alaska Native Claims Settlement Act: facilitate shareholder consideration of proposals to make Settlement Common Stock available to missed enrollees, eligible elders, and eligible persons of a certain age (H.R. 1866), E759 [26AP]

Armed Forces: prevent the sale of abusive insurance and investment products to military personnel (H.R. 458), H5186-H5192 [27JN], E1386 [28JN], E1405 [30JN], E1433 [1JY], E1448, E1450 [11JY], E1461, E1464, E1466, E1472 [12JY], E1482, E1483 [13JY], E1487 [14JY]

Business and industry: require mandatory expensing of stock options granted to executive officers, E428 [10MR]

Commodity Exchange Act: promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (H.R. 4473), H11553-H11561 [14DE], E2548 [15DE]

DeLay, Representative: characterization of remarks relative to use of profits from Federal housing programs for relief efforts for housing victims of Hurricane Katrina, H8103 [20SE]

Democratic Party: national agenda, H2533 [26AP]

Denmark: render nationals eligible to enter the U.S. as nonimmigrant traders and investors (H.R. 3647), H10243 [16NO]

Dept. of HUD: make grants to nonprofit community organizations to develop municipally-owned vacant lots in urban areas (H.R. 1694), E701 [19AP]

Depts. of Transportation, the Treasury, and HUD, the Judiciary, District of Columbia, and independent agencies: prohibit corporations incorporated in certain foreign countries from being eligible for Federal contracts, H5506-H5509 [30JN]

Drugs: provide incentives for investment in research and development of new medicines and to enhance access to new medicines (H.R. 417), E149 [2FE]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent, H2589 [27AP]

———make repeal of estate taxes permanent (H.R. 8), H1857, H1869 [12AP], H1900, H1901, H1902, H1921-H1943, H1946, H1960 [13AP], H1971, H1972, H1980, H2073 [14AP], E661, E662 [15AP], E699, E702 [19AP], E711 [21AP]

———make repeal of estate taxes permanent (H.R. 8), consideration (H. Res. 202), H1910-H1919 [13AP]

Economy: impact of homeownership, H4193 [8JN], H10507 [17NO]

Employment: increase participation in section 401(k) plans through automatic contribution trusts, H3337 [17MY]

ERISA: impose a moratorium on terminations of certain plans in cases in which reorganization of contributing sponsors is sought in bankruptcy or insolvency proceedings, H4903 [22JN]

———impose a moratorium on terminations of certain plans in cases in which reorganization of contributing sponsors is sought in bankruptcy or insolvency proceedings (H.R. 2327), H4160 [7JN]

Ethiopia: prohibit allocation of foreign aid until claims of private property confiscated by the Ethiopian Government are resolved (H.R. 1061), H924 [2MR]

Eximbank: prohibit funding to approve loan guarantees for nuclear powerplant construction in the People's Republic of China, H5336-H5338 [28JN]

FDIC: provide coverage for municipal deposits, H2920, H2934 [4MY]

Federal Deposit Insurance Reform Act: technical corrections and conforming amendments necessary for implementation (H.R. 4636), H12278 [18DE]

Financial institutions: maintain current Federal deposit insurance rates, H2922, H2923, H2932-H2935 [4MY]

———reform the Federal deposit insurance system, H12273 [18DE]

———reform the Federal deposit insurance system (H.R. 1185), H2919-H2936 [4MY], E2645 [22DE]

———reform the Federal deposit insurance system (H.R. 1185), amendment process, H2719 [28AP]

———reform the Federal deposit insurance system (H.R. 1185), consideration (H. Res. 255), H2889-H2891 [4MY]

———reform the Federal deposit insurance system (H.R. 1185), corrections in engrossment, H2937 [4MY]

———repeal prohibition on payment of interest on demand deposits (H.R. 1224), H3738, H3740 [23MY], E1070, E1083 [24MY]

Government regulations: improve the access of investors to regulatory records relative to securities brokers, dealers, and investment advisers (H.R. 1077), H1788-H1790 [6AP]

Hedge funds: importance, E1697 [29JY]

J.J.B. Hilliard, W.L. Lyons, Inc.: anniversary, E12 [4JA]

Marietta, GA: supplemental pension plan for city employees, H3201 [12MY]

Ohio: mismanagement of public funds, H4166 [7JN]

Pension Benefit Guaranty Corp.: prohibit use of funds to administer agreement with United Airlines, Inc., to terminate the company's pension plan, H5114-H5117 [24JN]

Pensions: facilitate automatic enrollment of employees in certain pension plans (H.R. 1508), H6179 [20JY]

———limit availability of benefits under nonqualified deferred compensation plans subject to distress or termination resulting from bankruptcy reorganization or conversion to cash balance plan (H.R. 2233), E923 [10MY]

———require advance disclosure to shareholders of certain executive pension plans (H.R. 3031), E1318 [23JN]

PMI Group, Inc.: anniversary as a publicly traded company, E2294 [8NO]

Power resources: clarify jurisdiction over energy markets and futures between FERC and CFTC, E1697 [29JY]

SBA: expand the HUBZone program to include Guam, Virgin Islands, American Samoa, and the Northern Mariana Islands (H.R. 1148), E380 [8MR]

———New Market Venture Capital Program funding through reductions in SBA salary and expense account funding, H4511 [15JN]

SEC: require enhanced disclosures of employee stock options and require study on economic impact of broad-based employee stock option plans (H.R. 913), H1349-H1352 [10MR], E289 [18FE]

Small business: improve affordability of health insurance coverage for small employers, H5719-H5723 [12JY]

———provide incentives for investment (H.R. 436), H1790, H1791 [6AP]

Social Security: apply savings from the enactment of certain estate tax legislation to trust fund restoration, H1918 [13AP]

———dedicate surpluses to personal accounts that can only be used to pay Social Security benefits, H5644 [12JY], H5791-H5798 [13JY], E1692 [29JY]

———dedicate surpluses to personal accounts that can only be used to pay Social Security benefits (H.R. 3304), H5804 [14JY], H5948 [18JY], H6190-H6196 [20JY], H6440 [26JY], E1499 [15JY]

———establish and maintain personal Social Security investment accounts (H.R. 1800), E734 [22AP]

———impact of privatization on African Americans, H1973 [14AP]

———impact of privatization on Hispanic Americans, H1857 [12AP], E829 [28AP]

———impact of privatization on women, H144 [25JA], H290 [2FE], H510 [9FE], H634 [16FE], H840 [1MR], H926, H928-H931 [2MR], H3294 [16MY], H4965, H4966-H4970 [22JN], H6112, H6113 [20JY], E129 [1FE], E344 [2MR]

———impact of reform proposals on young Americans, H3550 [18MY]

———invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (H.R. 219), E6 [4JA]

———privatization proposals, H202 [26JA], H241, H262-H270 [1FE], H291, H292, H339 [2FE], H375 [8FE], H418, H484, H485, H495-H506, H507, H509-H512 [9FE], H526, H527, H568 [10FE], H615, H619 [15FE], H634, H635, H691, H695, H696 [16FE], H721 [17FE], H812, H836-H842 [1MR], H852, H920-H937 [2MR], H945, H947 [3MR], H992, H994, H996, H1004, H1016-H1021 [8MR], H1028, H1206, H1208 [9MR], H1270, H1271, H1272, H1339, H1341, H1344-H1349 [10MR], H1426 [15MR], H1512, H1514, H1537-H1544, H1556, H1579, H1607, H1611-H1614 [16MR], H1626, H1683 [17MR], H1738, H1753, H1769-H1774 [5AP], H1787, H1788 [6AP], H1953-H1958 [13AP], H1972, H1974, H2087-H2092 [14AP], H2128, H2139-H2143 [19AP], H2458-H2464 [21AP], H2481, H2535-H2541 [26AP], H2556, H2633, H2634-H2637 [27AP], H2653, H2721 [28AP], H2745, H2747, H2749, H2750, H2782, H2785 [3MY], H2969-H2973 [4MY], H2984 [5MY], H3092-H3098 [10MY], H3201, H3241 [12MY], H3294 [16MY], H3336, H3408-H3414, H3432 [17MY], H3441 [18MY], H3587 [19MY], H3756-H3758 [23MY], H3898, H3900 [25MY], H4123 [26MY], H4173-H4179 [7JN], H4193 [8JN], H4300 [9JN], H4474 [14JN], H4490 [15JN], H4658, H4712-H4714 [17JN], H4900, H4965, H4977-H4983 [22JN], H4988, H4989, H4990 [23JN], H5103, H5104, H5105 [24JN], H5239-H5242 [27JN], H5258, H5259, H5260, H5262 [28JN], H5368, H5369, H5370, H5371 [29JN], H5596 [30JN], H5643, H5645 [12JY], H5745, H5791-H5798 [13JY], H5895-H5898 [14JY], H6110, H6111 [20JY], H6439 [26JY], H6655 [27JY], H6941 [28JY], E127 [1FE], E584 [7AP], E973 [13MY], E1692 [29JY]

———protect solvency by mandating that trust fund monies cannot be diverted to create private accounts (H.R. 1330), H1540, H1543 [16MR]

———provide for enhanced retirement security in the form of an Individual Social Security Investment Program, E740 [22AP]

———provide for enhanced retirement security in the form of an Individual Social Security Investment Program (H.R. 530), H3031 [5MY]

———reform, H202 [26JA], H241, H262-H270 [1FE], H375, H390, H393 [8FE], H418, H484, H485, H495-H512 [9FE], H526, H568 [10FE], H614-H621 [15FE], H634, H635 [16FE], H721 [17FE], H800, H812, H816, H836-H842 [1MR], H852, H920-H937 [2MR], H945, H947, H948 [3MR], H992, H994, H995, H996, H1004, H1016-H1021 [8MR], H1027, H1028, H1206, H1208 [9MR], H1270, H1271, H1272, H1337-H1349 [10MR], H1374 [14MR], H1426 [15MR], H1512, H1513, H1514, H1537-H1544, H1556, H1579, H1582, H1583, H1594, H1607, H1610-H1614 [16MR], H1626, H1683 [17MR], H1738, H1753, H1755, H1769-H1774 [5AP], H1787, H1788 [6AP], H1869, H1881-H1886 [12AP], H1952-H1958 [13AP], H1972, H1973, H1974, H2087-H2092 [14AP], H2128, H2139-H2143 [19AP], H2458-H2464 [21AP], H2535-H2541 [26AP], H2555, H2556, H2632-H2638, H2640 [27AP], H2653, H2697, H2698, H2721 [28AP], H2745, H2747, H2749, H2750, H2782, H2785, H2802-H2804 [3MY], H2885, H2887, H2969-H2973 [4MY], H2982, H2984 [5MY], H3092-H3098 [10MY], H3116, H3118, H3119, H3171-H3177 [11MY], H3241 [12MY], H3294 [16MY], H3336, H3337, H3408-H3414 [17MY], H3441 [18MY], H3587, H3589 [19MY], H3756-H3758 [23MY], H3774 [24MY], H3898, H3900 [25MY], H4123 [26MY], H4173-H4179 [7JN], H4193 [8JN], H4300 [9JN], H4474 [14JN], H4490 [15JN], H4565 [16JN], H4658, H4712-H4714 [17JN], H4900, H4902, H4965, H4977-H4983 [22JN], H4988, H4989, H4990 [23JN], H5103, H5104, H5105 [24JN], H5239-H5242 [27JN], H5258, H5259, H5260, H5262 [28JN], H5368, H5369, H5370, H5371 [29JN], H5596 [30JN], H5643, H5645 [12JY], H5791-H5798 [13JY], H5895-H5898 [14JY], H6110, H6111, H6113 [20JY], H6207 [21JY], H6439 [26JY], H6655 [27JY], H10507 [17NO], E584 [7AP], E973 [13MY], E1692 [29JY]

———reform by establishing a Personal Social Security Savings Program and provide new limitations on the budget (H.R. 1776), H2634, H2636 [27AP], H3031 [5MY], H6111 [20JY], E750 [22AP]

———reform proposals based on race and gender, H225 [26JA], H262-H270 [1FE], H498, H509 [9FE]

———reject privatization proposals, H82 [6JA]

———restore solvency, H6209 [21JY]

SSI: increase incentives for working, saving, and pursuing an education (H.R. 1682), E688 [19AP]

Taxation: allow a deduction for premiums for high deductible health plans required relative to health savings accounts (H.R. 37), H5720 [12JY]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (H.R. 2121), E890 [5MY]

———allow tax-free distributions from individual retirement accounts for charitable contributions (H.R. 1607), E644 [13AP]

———allow use of flexible spending and health reimbursement arrangements in combination with health savings accounts (H.R. 4511), H11337 [13DE]

———exclude from gross income certain interest amounts received by individuals (H.R. 221), E18 [4JA]

———make reduction in individual capital gains tax rates permanent and further reduce and simplify such rates and reduce corporate capital gains rate (H.R. 1500), E534 [5AP]

———provide a one-time increase in the amount excludable from the sale of a principal residence by taxpayers of a certain age (H.R. 2127), E897 [5MY]

———provide for Gulf tax credit bonds and advance refundings of certain tax-exempt bonds, and provide a Federal guarantee of certain State bonds (H.R. 4337), H10363 [16NO]

———provide transition funding rules for certain plans, including airline industry pension plans, electing to cease future benefit accruals (H.R. 2106), H2883 [4MY], H3117 [11MY], H4146 [7JN], H4990 [23JN]

———reduce estate and gift tax rates, H1930 [13AP]

———reform Internal Revenue Code, H4192 [8JN]

———repeal excise tax on the net investment income of tax-exempt foundations (H.R. 217), E18 [4JA]

———restore estate tax and repeal carryover basis rule and increase estate tax unified credit (H.R. 1574), E624 [12AP]

———retain estate tax with an immediate exemption increase and repeal new carryover basis rules, H1911, H1912, H1916-H1919, H1922-H1924, H1926-H1930, H1932-H1943 [13AP], H2073 [14AP]

———simplify Internal Revenue Code through revenue neutral proposals (H.R. 2950), H4904 [22JN]

Veterans: provide housing loan benefits for the purchase of residential cooperative apartment units (H.R. 4537), E2528 [14DE]

Remarks in Senate

Alaska Native Claims Settlement Act: facilitate shareholder consideration of proposals to make Settlement Common Stock available to missed enrollees, eligible elders, and eligible persons of a certain age (S. 449), S1661 [17FE], S13594 [14DE]

Armed Forces: enhance protection of members and their spouses from unscrupulous financial services sales practices through increased consumer education, S12805 [15NO]

———enhance protection of members and their spouses from unscrupulous financial services sales practices through increased consumer education (S. 1028), S5158-S5160 [12MY]

———prevent the sale of abusive insurance and investment products to military personnel (S. 418), S1632 [17FE]

Bankruptcy: limit exemption for asset protection trusts, S2138, S2139 [7MR]

———modify definition of disinterested person in the bankruptcy code relative to conflict-of-interest standards, S2328-S2334, S2336, S2337 [9MR], S2424-S2426 [10MR]

———reform rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors, S1902 [2MR]

———reform rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors (S. 314), S1125 [8FE]

Capital Construction Fund: provide for qualified withdrawals for fishermen leaving the industry and for the rollover to individual retirement plans (S. 343), S1271 [10FE]

CFTC: regulatory oversight of energy futures markets, S7796 [30JN]

Children and youth: encourage savings, promote financial literacy, and expand opportunities for young adults by establishing KIDS Accounts (S. 868), S4112 [21AP]

Committee on Foreign Acquisitions Affecting National Security: establish, S8609 [21JY]

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, S13117 [17NO]

Dept. of State: submit report on proposed mergers of certain U.S. and foreign-owned companies, S8522, S8530 [20JY]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent, S7055 [22JN]

———make repeal of estate taxes permanent (H.R. 8), S3770 [18AP], S3957 [19AP], S4038 [20AP]

———make repeal of estate taxes permanent (H.R. 8), motion to proceed, S9558 [29JY]

———make repeal of estate taxes permanent (S. 420), S1633 [17FE]

Economy: develop agenda to enhance competitiveness of the U.S. economy, S13486 [13DE]

———provide fair wages for workers, create new jobs through investment, and provide fair trade and competitiveness (S. 14), S111, S127, S130 [24JA]

Education: permanently increase the maximum annual contribution allowed to be made to Coverdell education savings accounts (S. 75), S250 [24JA]

Employment: clarify overtime regulations, provide a fair minimum wage, and express support for multiemployer pension plans (S. 846), S3957 [19AP], S4038 [20AP]

———increase participation in section 401(k) plans through automatic contribution trusts (S. 875), S4118 [21AP]

ERISA: impose a moratorium on terminations of certain plans in cases in which reorganization of contributing sponsors is sought in bankruptcy or insolvency proceedings (S. 1158), S6054 [26MY]

Eximbank: prohibit funding to approve loan guarantees for nuclear powerplant construction in the People's Republic of China, S8458-S8464, S8468 [19JY], S8516 [20JY]

Federal Deposit Insurance Act: improve (S. 2141), S13966 [17DE]

Financial institutions: require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (S. 1037), S5221 [16MY], S7487 [28JN]

Foreign trade: encourage foreign investment in the U.S., S2062 [4MR]

———U.S. deficit, S2062 [4MR], S2511-S2513 [11MR]

Frist, Senator: investigation of sale of HCA Inc., stock, S10470 [27SE]

Gonzales, Alberto R.: recusal from Dept. of Justice investigation on matters relating to Enron Corp., S932 [3FE]

Iran: make information on certain investments in the energy sector available to the public (S. 299), S1051 [7FE]

Laramie, WY: tribute to Laramie High School team for participation in Capitol Hill Challege stock market simulation, S5217 [16MY]

Lincoln Financial Group: anniversary, S5842 [24MY]

Pensions: clarify treatment of multiemployer defined benefit plans, S12911 [16NO]

———limit availability of benefits under nonqualified deferred compensation plans subject to distress or termination resulting from bankruptcy reorganization or conversion to cash balance plan (S. 991), S4876 [10MY], S5050 [12MY]

———protect accrued benefits of participants during conversions of pension plans to cash balance plans, S12906 [16NO]

———protect employee benefits in defined benefit plans and enforce age discrimination requirements that apply to conversion of pension plans to cash balance plans (S. 1304), S7312 [23JN]

———protect retirement security of workers by ensuring assets are adequately diversified and providing workers with access to information about their plans (S. 219), S671, S672 [31JA]

———reform funding rules relative to airlines, S12886, S12889-S12891, S12918 [16NO]

———revise funding and deduction rules for multiemployer defined benefit plans, S12895 [16NO]

Rural areas: reward the hard work and risk of individuals who live in and help preserve small, rural towns (S. 675), S3056 [17MR]

Rural Renaissance Corp.: establish (S. 502), S2006 [3MR]

SBA: permit business concerns owned by venture capital operating companies to participate in the Small Business Innovation Research Program (S. 1263), S6758 [16JN]

———reform the Small Business Investment Companies program relative to companies licensed to issue participating debentures (S. 1923), S11919-S11921 [26OC]

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. 924), S4419 [27AP]

Small business: provide incentives for investment (S. 1396), S8304 [14JY]

Social Security: advertising campaign designed to build public support for privatization proposals, S547 [26JA]

———dedicate surpluses to personal accounts that can only be used to pay Social Security benefits (S. 1302), S12832 [15NO]

———history, S2057-S2059 [4MR]

———impact of privatization on women, S909-S918 [3FE]

———impact of progressive price indexing on benefits, S7544 [29JN]

———privatization proposals, S109, S114, S116 [24JA], S617, S625 [31JA], S686, S722 [1FE], S917, S921, S923, S961-S964 [3FE], S1154-S1156 [9FE], S1222, S1223 [10FE], S1314-S1316 [14FE], S1439-S1444, S1454-S1457 [16FE], S1583-S1586, S1589 [17FE], S1815 [1MR], S1915 [2MR], S1960 [3MR], S2059-S2061 [4MR], S2232 [8MR], S2305 [9MR], S2510 [11MR], S2611, S2623 [14MR], S2662-S2665, S2667, S2668, S2689, S2690, S2711 [15MR], S3228-S3235 [5AP], S3352 [7AP], S3444 [12AP], S4447 [28AP], S5051 [12MY], S7402 [27JN], S7544 [29JN]

———reform, S96 [20JA], S119 [24JA], S617, S618, S619, S624-S626 [31JA], S1106 [8FE], S1154-S1156 [9FE], S1219-S1223, S1254 [10FE], S1314-S1316 [14FE], S1439-S1444, S1454-S1457 [16FE], S1583-S1590 [17FE], S1815 [1MR], S1915 [2MR], S1960 [3MR], S2059-S2061 [4MR], S2232 [8MR], S2305 [9MR], S2510 [11MR], S2589, S2611, S2623 [14MR], S2662-S2665, S2667, S2668, S2676-S2678, S2685-S2693, S2711 [15MR], S3228-S3235 [5AP], S3352 [7AP], S3444 [12AP], S4447, S4488 [28AP], S5051 [12MY], S6146 [7JN], S7402 [27JN], S7544 [29JN]

———restore solvency before allowing new tax cuts or mandatory spending unless paid for or approved by a supermajority, S2668-S2676, S2680-S2683, S2692 [15MR]

———strengthen and permanently preserve (S. 540), S2164-S2166 [7MR]

Taxation: adjust capital gains treatment of art and collectibles and provide a deduction for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor (S. 1186), S6167 [7JN]

———allow a credit to holders of qualified bonds issued to finance certain energy projects (S. 962), S4573 [28AP]

———allow full expensing for the cost of qualified refinery property in the year the property is placed in service, and classify petroleum refining property as 5-year property for depreciation (S. 1781), S10598 [28SE]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (S. 1740), S10299 [21SE]

———allow look-through treatment of payments between related foreign corporations (S. 750), S3424 [11AP]

———allow new investment in, or mergers of biomedical research corporations without limiting tax benefits of net operating losses (S. 1893), S11567 [19OC]

———allow tax-free distributions from individual retirement accounts for charitable contributions (S. 1366), S7865 [30JN]

———authorize States, localities, the District of Columbia, territories, and possessions of the U.S. to provide certain tax incentives to any person for economic development purposes (S. 1066), S5443-S5445 [18MY]

———clarify that a North American Development Bank guarantee is not considered a Federal guarantee for purposes of determining tax-exempt status of bonds (S. 533), S2085 [4MR]

———create lifetime savings accounts (S. 545), S2246 [8MR]

———exclude from gross income a portion of lifetime income payments from annuities and similiar payments of life insurance proceeds at dates later than death (S. 381), S1423 [15FE]

———exclude from gross income the gain from the sale of a principal residence by certain employees of the intelligence community (S. 469), S1797 [28FE]

———extend the new market tax credit (S. 1800), S10748 [29SE]

———include combat pay in determining allowable contributions to an individual retirement plan (S. 601), S2495 [10MR]

———make permanent the 7-year depreciation recovery period for motorsport entertainment complexes (S. 441), S1656 [17FE]

———make permanent the 15-year depreciation recovery period for restaurant property improvements and extend to new restaurant construction (S. 419), S1632 [17FE]

———make permanent the rate reductions for individual income taxes and capital gains and dividend taxes, and the repeal of estate, gift, and generation-skipping transfer taxes (S. 7), S109 [24JA]

———make permanent the shorter recovery period for the depreciation of certain leasehold improvements (S. 621), S2735 [15MR]

———modify definition of compensation for purposes of determining the limits on contributions to individual retirement accounts and annuities (S. 2086), S13504 [13DE]

———modify the active business definition relative to corporate reorganization or division (S. 1327), S7616 [29JN]

———permanent repeal of estate tax on family-owned businesses and farms (S. 928), S4423 [27AP]

———permanently increase the maximum annual contribution allowed to be made to Coverdell education savings accounts and provide deduction for contributions to education savings accounts (S. 76), S250 [24JA]

———permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt in order to improve such facilities in rural areas (S. 157), S484 [25JA]

———prevent dividends received from corporations in tax havens from receiving a reduced rate (S. 1363), S7858 [30JN]

———prevent increase in tax rates on dividends and capital gains to fund relief programs for those adversely affected by hurricanes in Gulf Coast Region, S10791 [30SE]

———provide a credit for small business employee training expenses, increase the exclusion of capital gains from small business stocks, and extend expensing for small businesses (S. 2111), S13679 [15DE]

———provide a credit to promote homeownership and community development (S. 859), S4031 [20AP]

———provide for employer retirement savings accounts (S. 547), S2246 [8MR]

———provide for retirement savings accounts (S. 546), S2246 [8MR]

———provide incentives for charitable contributions, improve public disclosure by certain organizations, and enhance ability of low-income individuals to build assets (S. 1780), S10597 [28SE]

———provide incentives to establish Individual Development Accounts (S. 922), S4417 [27AP]

———provide tax relief for the conversion of cooperative housing corporations into condominiums (S. 83), S255 [24JA]

———provide that distributions from certain retirement plans are not included in gross income if used to pay long-term care insurance premiums (S. 1706), S10121 [15SE]

———provide that the credit for producing fuel from a nonconventional source shall apply to gas produced onshore from certain formations (S. 926), S4422 [27AP]

———provide transition funding rules for certain plans, including airline industry pension plans, electing to cease future benefit accruals (S. 861), S4033 [20AP]

———reduce recognition period for built-in gains for S corporations (S. 965), S4580 [28AP]

———reinstate certain rates for higher brackets, rates on capital gains and dividends, and repeal termination of phase out of personal exemptions and limitation on itemized deductions until deficit is eliminated, S13083, S13089, S13102 [17NO]

———repeal sunset on reduction of capital gains rates for individuals and on taxation of dividends of individuals at capital gain rates, S13141 [17NO]

———repeal tax deferral on income of controlled foreign corporations attributable to imported property, S964 [3FE]

———repeal tax deferral on income of controlled foreign corporations attributable to imported property (S. 196), S605 [26JA]

———repeal tax deferral on income of controlled foreign corporations attributable to imported property (S. 872), S4137 [21AP], S4157 [22AP]

———simplify the earned income tax credit eligibility requirements regarding filing status, presence of children, investment income, and work and immigrant status (S. 2139), S13809 [16DE]

———treatment of unused nontaxable benefits under cafeteria plans and flexible spending arrangements (S. 309), S1119 [8FE]

Transportation: provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation (S. 428), S5214 [16MY]

———provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation (S. 428), star print, S2873 [16MR]

Treaties and agreements: require that trade and investment agreements that are negotiated by the executive branch with other countries must comply with certain minimum standards (S. Con. Res. 12), S1434 [15FE], S1607 [17FE]

U.S.-China Economic and Security Review Commission: implement recommendations, S8610 [21JY], S8784 [25JY]

Reports

Best Practice in Hedge Fund Investing—Due Diligence: Greenwich Roundtable (organization), E1698 [29JY]

Reports filed

Business Checking Freedom Act: Committee on Financial Services (House) (H.R. 1224) (H. Rept. 109-81), H3330 [16MY]

Consideration of H.R. 8, Death Tax Repeal Permanency Act: Committee on Rules (House) (H. Res. 202) (H. Rept. 109-35), H1893 [12AP]

Consideration of H.R. 1185, Federal Deposit Insurance Reform Act: Committee on Rules (House) (H. Res. 255) (H. Rept. 109-70), H2878 [3MY]

Facilitate Shareholder Consideration of Proposals To Make Settlement Common Stock Under the Alaska Native Claims Settlement Act Available to Certain Persons: Committee on Indian Affairs (Senate) (S. 449) (S. Rept. 109-112), S9281 [28JY]

Federal Deposit Insurance Reform Act: Committee on Financial Services (House) (H.R. 1185) (H. Rept. 109-67), H2743 [2MY]

Military Personnel Financial Services Protection Act: Committee on Financial Services (House) (H.R. 458) (H. Rept. 109-40), H1967 [13AP]

National Employee Savings and Trust Equity Guarantee Act: Committee on Finance (Senate) (S. 1953) (S. Rept. 109-174), S12236 [2NO]

Render Denmark Nationals Eligible To Enter the U.S. as Nonimmigrant Traders and Investors: Committee on the Judiciary (House) (H.R. 3647) (H. Rept. 109-251), H8918 [18OC]

Statements

Social Security Reform: Representative DeLauro, E938-E940 [11MY]

Texts of

H. Res. 202, consideration of H.R. 8, Death Tax Repeal Permanency Act, H1910 [13AP]

H. Res. 255, consideration of H.R. 1185, Federal Deposit Insurance Reform Act, H2889 [4MY]

H.R. 8, Death Tax Repeal Permanency Act, H1921 [13AP]

H.R. 436, Increased Capital Access for Growing Business Act, H1790 [6AP]

H.R. 458, Military Personnel Financial Services Protection Act, H5186-H5190 [27JN]

H.R. 1077, Realtime Investor Protection Act, H1788 [6AP]

H.R. 1185, Federal Deposit Insurance Reform Act, H2924-H2931 [4MY]

H.R. 1224, Business Checking Freedom Act, H3738 [23MY]

H.R. 3647, render Danish nationals eligible to enter the U.S. as nonimmigrant traders and investors, H10243 [16NO]

H.R. 4337, Gulf Opportunity Zone Public Finance Relief Act, H10363-H10365 [16NO]

H.R. 4473, Commodity Exchange Act amendments to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives, H11553-H11555 [14DE]

H.R. 4636, Federal Deposit Insurance Reform Act technical corrections and conforming amendments necessary for implementation, H12279-H12283 [18DE]

S. 14, Fair Wage, Competition, and Investment Act, S437-S450 [25JA]

S. 75, Education Savings for Students Act, S251 [24JA]

S. 76, College Savings Act, S251-S253 [24JA]

S. 83, provide tax relief for the conversion of cooperative housing corporations into condominiums, S255 [24JA]

S. 157, permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt in order to improve such facilities in rural areas, S484 [25JA]

S. 299, Investor in Iran Accountability Act, S1052 [7FE]

S. 309, treatment of unused nontaxable benefits under cafeteria plans and flexible spending arrangements, S1119 [8FE]

S. 381, Retirement Security for Life Act, S1423 [15FE]

S. 428, Build America Bonds Act, S1643-S1647 [17FE]

S. 449, facilitate shareholder consideration of proposals to make Settlement Common Stock available to missed enrollees, eligible elders, and eligible persons of a certain age under the Alaska Native Claims Settlement Act, S1662 [17FE], S13594 [14DE]

S. 502, Rural Renaissance Act, S2007-S2009 [3MR]

S. 540, Saving Social Security Act, S2166-S2170 [7MR]

S. 545, Lifetime Savings Account Act, S2246 [8MR]

S. 546, Retirement Savings Account Act, S2247-S2250 [8MR]

S. 547, provide for employer retirement savings accounts, S2250-S2252 [8MR]

S. 621, make permanent the shorter recovery period for the depreciation of certain leasehold improvements, S2736 [15MR]

S. 846, clarify overtime regulations, provide a fair minimum wage, and express support for multiemployer pension plans, S3902 [19AP]

S. 875, Save More for Retirement Act, S4119 [21AP]

S. 924, Education for Retirement Security Act, S4419 [27AP]

S. 926, Natural Gas Production Act, S4422 [27AP]

S. 928, Estate Tax Repeal Acceleration (ExTRA) for Family-Owned Businesses and Farms Act, S4423-S4425 [27AP]

S. 965, reduce recognition period for built-in gains for S corporations, S4581 [28AP]

S. 1028, Military Personnel Financial Services Education Act, S5159 [12MY]

S. 1037, Mutual Fund Transparency Act, S5222 [16MY]

S. 1066, Economic Development Act, S5445 [18MY]

S. 1186, Art and Collectibles Capital Gains Tax Treatment Parity Act, S6167 [7JN]

S. 1253, Rural Renaissance Act II, S6662-S6664 [15JN]

S. 1263, Save America's Biotechnology Innovative Research (SABIR) Act, S6759 [16JN]

S. 1740, Generate Retirement Ownership Through Long-Term Holding Act, S10299 [21SE]

S. 1781, Refinery Investment Tax Assistance Act, S10599 [28SE]

S. 1800, extend the new market tax credit, S10749 [29SE]

S. 1893, Biotechnology Future Investment Expansion Act, S11567 [19OC]

S. 2141, Federal Deposit Insurance Act improvement, S13966-S13968 [17DE]

S. Con. Res. 12, require that trade and investment agreements that are negotiated by the executive branch with other countries must comply with certain minimum standards, S1432-S1434 [15FE]

Transcripts

Social Security reform: ``Doonesbury'' (comic strip), Gary Trudeau, H1869 [12AP]