datamatters24/research-document-archive huggingface dataset:
I
103D CONGRESS
1ST SESSION
H. R. 610
To amend the Internal Revenue Code of 1986 to reinstate the windfall
profit tax on domestic crude oil and to appropriate the proceeds of
the tax to the Resolution Trust Corporation.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 26, 1993
Mr. KANJORSKI introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to reinstate
the windfall profit tax on domestic crude oil and to
appropriate the proceeds of the tax to the Resolution
Trust Corporation.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. REINSTATEMENT OF WINDFALL PROFIT TAX
ON DOMESTIC CRUDE OIL.
(a) IN GENERAL.—Subtitle D of the Internal Reve-
nue Code of 1986 (relating to excise taxes) is amended
by inserting after chapter 44 the chapter 45 (relating to
windfall profit tax on domestic crude oil) of such Code
as in effect on the day before the date of the enactment
of Public Law 100–418.
(b) TERMINATION OF TAX LINKED TO EXISTENCE
OF RESOLUTION TRUST CORPORATION.—
(1) Section 4990 of such Code (as added by
subsection (a)) is amended to read as follows:
‘‘SEC. 4990. TERMINATION OF TAX.
‘‘The tax imposed by this chapter shall not apply
after the last full month the Resolution Trust Corporation
is in existence.’’
(2) The table of sections for subchapter A of
chapter 45 of such Code (as so added) is amended
by striking the item relating to section 4990 and in-
serting the following new item:
‘‘Sec. 4990. Termination of tax.’’
(c) MODIFICATION OF CATEGORY OF NEWLY DIS-
COVERED OIL.—Paragraph (2) of section 4991(e) of such
Code (as added by subsection (a)) is amended by adding
at the end thereof the following new sentence: ‘‘Such term
shall not include any oil produced from a well drilled be-
fore August 1, 1990, and shall not include any oil pro-
duced from a well drilled on or after such date on any
property the principal value of which has been dem-
onstrated by prospecting or exploration or discovery
work.’’
(d) CONFORMING AMENDMENTS.—Section 1941(b)
of the Omnibus Trade and Competitiveness Act of 1988
(and the amendments made by such section) are hereby
repealed, and the Internal Revenue Code of 1986 shall be
applied and administered as if such section (and amend-
ments) had never been enacted.
(e) EFFECTIVE DATE.—The amendments made by
this section shall apply to oil removed from the premises
in calendar months beginning after the date of the enact-
ment of this Act.
SEC. 2. REVENUES FROM WINDFALL PROFIT TAX TO BE
USED BY RESOLUTION TRUST CORPORATION.
There are hereby appropriated to the Resolution
Trust Corporation amounts equivalent to the taxes re-
ceived in the Treasury under chapter 45 of the Internal
Revenue Code of 1986 to be used to carry out the func-
tions of such Corporation.
Æ
I
103D CONGRESS
1ST SESSION
H. R. 611
To provide for greater disclosure of and accountability for Federal
Government travel.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 26, 1993
Mr. KANJORSKI (for himself and Mr. SHAYS) introduced the following bill;
which was referred jointly to the Committees on Government Operations,
House Administration, and the Judiciary
A BILL
To provide for greater disclosure of and accountability for
Federal Government travel.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Federal Travel Disclo-
sure Act of 1993’’.
SEC. 2. APPROPRIATIONS FOR FEDERAL GOVERNMENT
TRAVEL.
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, no Federal funds may be obligated or ex-
pended for Federal Government travel, other than from
‘‘(E) In the case of a mutual or coopera-
tive telephone company (hereafter in this sub-
paragraph referred to as the ‘cooperative’), 50
percent of the income received or accrued di-
rectly or indirectly from a nonmember telephone
company for the performance of communication
services by the cooperative shall be treated for
purposes of subparagraph (A) as collected from
members of the cooperative for the sole purpose
of meeting the losses and expenses of the coop-
erative.’’
(b) CERTAIN BILLING AND COLLECTION SERVICE
FEES NOT TAKEN INTO ACCOUNT.—Subparagraph (B)
of section 501(c)(12) of such Code is amended by striking
‘‘or’’ at the end of clause (iii), by striking the period at
the end of clause (iv) and inserting ‘‘, or’’, and by adding
at the end thereof the following new clause:
‘‘(v) from billing and collection serv-
ices performed for a nonmember telephone
company.’’.
(c) CONFORMING AMENDMENT.—Clause (i) of sec-
tion 501(c)(12)(B) of such Code is amended by inserting
before the comma at the end thereof ‘‘, other than income
described in subparagraph (E)’’.
II
104TH CONGRESS
2D SESSION
H. R. 1684
IN THE SENATE OF THE UNITED STATES
SEPTEMBER 18, 1996
Received
AN ACT
To require the Secretary of the Treasury to mint coins
in commemoration of the 150th anniversary of the death
of Dolley Madison.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
HR 611 IH
(c) FILING.—Each report under this section shall be
filed with—
(1) the Administrator of General Services in the
case of executive branch or independent agency trav-
el;
(2) the Clerk of the United States House of
Representatives or the Secretary of the United
States Senate in the case of legislative branch travel;
and
(3) the Director of the Administrative Office of
the United States Courts in the case of judicial
branch travel.
SEC. 6. AVAILABILITY OF REPORTS.
Not later than fifteen days after a report is filed
under this Act, the Administrator of General Services, the
Director of the Administrative Office of the United States
Courts, the Clerk of the House of Representatives, or the
Secretary of the Senate, as applicable, shall—
(1) make the report available for public inspec-
tion; and
(2) provide copies of the report to any person,
either upon payment of a fee sufficient to cover the
expense of reproduction and mailing (other than any
salary expense) or at a lesser fee if, determined by
the Administrator, Director, Clerk, or Secretary, as
HR 611 IH
applicable, such lesser fee is in the public interest.
At the end of the six-year period after the date of
filing, each report shall be destroyed unless such re-
port is required in an ongoing investigation.
SEC. 7. DEFINITIONS.
As used in this Act—
(1) the term ‘‘Federal Government travel’’
means travel by any employee (including any elected
or appointed officer) of the United States;
(2) the term ‘‘legislative branch travel’’ means
travel by a Senator or Representative in, or a Dele-
gate or Resident Commissioner to, the Congress or
by an employee (including an elected officer) of the
Senate or the House of Representatives or any agen-
cy of the legislative branch;
(3) the term ‘‘agency of the legislative branch’’
means the Office of the Architect of the Capitol, the
Botanic Garden, the General Accounting Office, the
Government Printing Office, the Library of Con-
gress, the Office of Technology Assessment, the
Congressional Budget Office, and any other entity in
the legislative branch;
(4) the term ‘‘foreign travel’’ means travel out-
side the United States; and
HR 611 IH
(5) the term ‘‘United States’’, where used in a
geographical sense, means the States of the United
States, the District of Columbia, the Commonwealth
of Puerto Rico, and the territories and possessions
of the United States.
SEC. 8. EFFECTIVE DATE.
This Act shall take effect one hundred and eighty
days after the date of enactment of this Act.
Æ
(d) EFFECTIVE DATE.—The amendments made by
this section shall apply to amounts received or accrued
after December 31, 1992.
(e) NO INFERENCE AS TO UNRELATED BUSINESS IN-
COME TREATMENT OF BILLING AND COLLECTION SERV-
ICE FEES.—Nothing in the amendments made by this sec-
tion shall be construed to indicate the proper treatment
of billing and collection service fees under part III of sub-
chapter F of chapter 1 of the Internal Revenue Code of
1986 (relating to taxation of business income of certain
exempt organizations).
Æ
104TH CONGRESS
1ST SESSION
H. R. 1691
AN ACT
To provide for innovative approaches for home-
ownership opportunity and provide for the tem-
porary extension of the rural rental housing pro-
gram, and for other purposes.
(d) PIPE INVENTORY STANDARDS.—Section
60102(e) is amended in the first sentence—
(1) by striking ‘‘and, to the extent the
Secretary considers necessary, an opera-
tor of a gathering line that is not a regu-
lated gathering line (as defined under
section 60101(b)(2) of this title),’’; and
(2) by striking ‘‘transmission’’ and in-
serting ‘‘transportation’’.
(e) SMART PIGS.—
(1) MINIMUM SAFETY STANDARDS.—Sec-
tion 60102(f) is amended by striking ‘‘(1)’’
and all that follows through ‘‘device.’’ and
inserting the following:
‘‘(1) MINIMUM SAFETY STANDARDS.—The
Secretary shall prescribe minimum safety
standards requiring that the design and
construction of a new gas or hazardous
liquid pipeline transmission facility be
carried out, to the extent practicable, in
a way that accommodates the passage
through the facility of an instrumented
internal inspection device (commonly re-
ferred to as a ‘smart pig’). The Secretary
shall 
also 
prescribe 
minimum 
safety
standards requiring that when a segment
of an existing gas or hazardous liquid
pipeline transmission facility is replaced,
to the extent practicable, the replace-
ment segment can accommodate the pas-
sage of an instrumented internal inspec-
tion device. The Secretary may apply the
standard to an existing gas or hazardous
liquid facility and require the facility to
be changed to allow the facility to be in-
spected with an instrumented internal in-
spection device if the basic construction
of the facility will accommodate the de-
vice.’’.
(2) 
PERIODIC
INSPECTIONS.—Section
60102(f) is further amended—
(A) in paragraph (2) by inserting
‘‘PERIODIC INSPECTIONS.—’’ after ‘‘(2)’’;
(B) in paragraph (2) by inserting
after ‘‘the Secretary shall prescribe’’
the following: ‘‘, if necessary, addi-
tional’’; and
(C) by moving paragraph (2) 2
ems to the right.
104TH CONGRESS
2D SESSION
H. R. 3215
AN ACT
To amend title 18, United States Code, to repeal
the provision relating to Federal employees con-
tracting or trading with Indians.
103D CONGRESS
1ST SESSION
H. R. 616
AN ACT
To amend the Securities Exchange Act of 1934 to permit
members of national securities exchanges to effect certain
transactions with respect to accounts for which such
members exercise investment discretion.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. PROHIBITED TRANSACTIONS.
Section 11(a)(1) of the Securities Exchange Act of
1934 (15 U.S.C. 78k(a)(1)) is amended—
(1) in subparagraph (E), by striking ‘‘(other
than an investment company)’’;
(2) by striking ‘‘and’’ at the end of subpara-
graph (G);
(3) by redesignating subparagraph (H) as sub-
paragraph (I); and
(4) by inserting after subparagraph (G) the fol-
lowing new subparagraph:
‘‘(H) any transaction for an account with re-
spect to which such member or an associated person
thereof exercises investment discretion if such mem-
ber—
‘‘(i) has obtained, from the person or per-
sons authorized to transact business for the ac-
count, express authorization for such member
or associated person to effect such transactions
prior to engaging in the practice of effecting
such transactions;
‘‘(ii) furnishes the person or persons au-
thorized to transact business for the account
with a statement at least annually disclosing
the aggregate compensation received by the ex-
change member in effecting such transactions;
and
‘‘(iii) complies with any rules the Commis-
sion has prescribed with respect to the require-
ments of clauses (i) and (ii); and’’.
Passed the House of Representatives May 4, 1993.
Attest:
Clerk.
H. R. 616
One Hundred Third Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Tuesday,
the fifth day of January, one thousand nine hundred and ninety-three
An Act
To amend the Securities Exchange Act of 1934 to permit members of national
securities exchanges to effect certain transactions with respect to accounts for
which such members exercise investment discretion.
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. PROHIBITED TRANSACTIONS.
Section 11(a)(1) of the Securities Exchange Act of 1934 (15
U.S.C. 78k(a)(1)) is amended—
(1) in subparagraph (E), by striking ‘‘(other than an invest-
ment company)’’;
(2) by striking ‘‘and’’ at the end of subparagraph (G);
(3) by redesignating subparagraph (H) as subparagraph
(I); and
(4) by inserting after subparagraph (G) the following new
subparagraph:
‘‘(H) any transaction for an account with respect to which
such member or an associated person thereof exercises invest-
ment discretion if such member—
‘‘(i) has obtained, from the person or persons authorized
to transact business for the account, express authorization
for such member or associated person to effect such trans-
actions prior to engaging in the practice of effecting such
transactions;
‘‘(ii) furnishes the person or persons authorized to
transact business for the account with a statement at least
annually disclosing the aggregate compensation received
by the exchange member in effecting such transactions;
and
H. R. 616—2
‘‘(iii) complies with any rules the Commission has pre-
scribed with respect to the requirements of clauses (i) and
(ii); and’’.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
I
103D CONGRESS
1ST SESSION
H. R. 616
To amend the Securities Exchange Act of 1934 to permit members of national
securities exchanges to effect certain transactions with respect to ac-
counts for which such members exercise investment discretion.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 26, 1993
Mr. MARKEY (for himself and Mr. FIELDS of Texas) introduced the following
bill; which was referred to the Committee on Energy and Commerce
A BILL
To amend the Securities Exchange Act of 1934 to permit
members of national securities exchanges to effect certain
transactions with respect to accounts for which such
members exercise investment discretion.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. PROHIBITED TRANSACTIONS.
Section 11(a)(1) of the Securities Exchange Act of
1934 (15 U.S.C. 78k(a)(1)) is amended—
(1) in subparagraph (E), by striking ‘‘(other
than an investment company)’’;
II
Calendar No. 63
103D CONGRESS
1ST SESSION
H. R. 616
IN THE SENATE OF THE UNITED STATES
MAY 5 (legislative day, APRIL 19), 1993
Received
MAY 6 (legislative day, APRIL 19), 1993
Read twice and ordered placed on the calendar
AN ACT
To amend the Securities Exchange Act of 1934 to permit
members of national securities exchanges to effect certain
transactions with respect to accounts for which such
members exercise investment discretion.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. PROHIBITED TRANSACTIONS.
Section 11(a)(1) of the Securities Exchange Act of
1934 (15 U.S.C. 78k(a)(1)) is amended—
(1) in subparagraph (E), by striking ‘‘(other
than an investment company)’’;
(2) by striking ‘‘and’’ at the end of subpara-
graph (G);
(3) by redesignating subparagraph (H) as sub-
paragraph (I); and
(4) by inserting after subparagraph (G) the fol-
lowing new subparagraph:
‘‘(H) any transaction for an account with re-
spect to which such member or an associated person
thereof exercises investment discretion if such mem-
ber—
‘‘(i) has obtained, from the person or per-
sons authorized to transact business for the ac-
count, express authorization for such member
or associated person to effect such transactions
prior to engaging in the practice of effecting
such transactions;
‘‘(ii) furnishes the person or persons au-
thorized to transact business for the account
with a statement at least annually disclosing
the aggregate compensation received by the ex-
change member in effecting such transactions;
and
‘‘(iii) complies with any rules the Commis-
sion has prescribed with respect to the require-
ments of clauses (i) and (ii); and’’.
Passed the House of Representatives May 4, 1993.
Attest:
DONNALD K. ANDERSON,
Clerk.
Union Calendar No. 34
103D CONGRESS
1ST SESSION
H. R. 616
[Report No. 103–76]
A BILL
To amend the Securities Exchange Act of 1934 to
permit members of national securities exchanges
to effect certain transactions with respect to ac-
counts for which such members exercise invest-
ment discretion.
APRIL 29, 1993
Committed to the Committee of the Whole House on the
State of the Union and ordered to be printed
IB
Union Calendar No. 34
103D CONGRESS
1ST SESSION
H. R. 616
[Report No. 103–76]
To amend the Securities Exchange Act of 1934 to permit members of national
securities exchanges to effect certain transactions with respect to ac-
counts for which such members exercise investment discretion.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 26, 1993
Mr. MARKEY (for himself and Mr. FIELDS of Texas) introduced the following
bill; which was referred to the Committee on Energy and Commerce
APRIL 29, 1993
Additional sponsor: Mr. MOORHEAD
APRIL 29, 1993
Committed to the Committee of the Whole House on the State of the Union
and ordered to be printed
A BILL
To amend the Securities Exchange Act of 1934 to permit
members of national securities exchanges to effect certain
transactions with respect to accounts for which such
members exercise investment discretion.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Government Securities
Reform Act of 1993’’.
SEC. 2. EXTENSION OF GOVERNMENT SECURITIES RULE-
MAKING AUTHORITY.
Section 15C of the Securities Exchange Act of 1934
(15 U.S.C. 78o–5) is amended by striking subsection (g).
SEC. 3. TRANSACTION RECORDS.
(a) AMENDMENT.—Section 15C(d) of the Securities
Exchange Act of 1934 (15 U.S.C. 78o–5(d)) is amended by
adding at the end thereof the following new paragraph:
‘‘(3) GOVERNMENT SECURITIES TRADE RECONSTRUC-
TION.—
‘‘(A) FURNISHING RECORDS.—Every government
securities broker and government securities dealer
shall furnish to the Commission on request such
records of government securities transactions, includ-
ing records of the date and time of execution of
trades, as the Commission may require to reconstruct
trading in the course of a particular inquiry or inves-
tigation being conducted by the Commission. In re-
quiring information pursuant to this paragraph, the
Commission shall specify the information required,
the period for which it is required, the time and date
on which the information must be furnished, and
whether the information is to be furnished directly to
SECTION 1. PROHIBITED TRANSACTIONS.
Section 11(a)(1) of the Securities Exchange Act of
1934 (15 U.S.C. 78k(a)(1)) is amended—
(1) in subparagraph (E), by striking ‘‘(other
than an investment company)’’;
(2) by striking ‘‘and’’ at the end of subpara-
graph (G);
(3) by redesignating subparagraph (H) as sub-
paragraph (I); and
(4) by inserting after subparagraph (G) the fol-
lowing new subparagraph:
‘‘(H) any transaction for an account with re-
spect to which such member or an associated person
thereof exercises investment discretion if such mem-
ber—
‘‘(i) has obtained, from the person or per-
sons authorized to transact business for the ac-
count, express authorization for such member
or associated person to effect such transactions
prior to engaging in the practice of effecting
such transactions;
‘‘(ii) furnishes the person or persons au-
thorized to transact business for the account
with a statement at least annually disclosing
the aggregate compensation received by the ex-
change member in effecting such transactions;
and
‘‘(iii) complies with any rules the Commis-
sion has prescribed with respect to the require-
ments of clauses (i) and (ii); and’’.
the Commission, to the Federal Reserve Bank of New
York, or to an appropriate regulatory agency or self-
regulatory organization with responsibility for exam-
ining the government securities broker or government
securities dealer. The Commission may require that
such information be furnished in machine readable
form notwithstanding any limitation in subpara-
graph (B).
‘‘(B) LIMITATION; CONSTRUCTION.—The Com-
mission shall not utilize its authority under this
paragraph to develop regular reporting requirements,
except that the Commission may require information
to be furnished under this paragraph as frequently as
necessary for particular inquiries or investigations.
This paragraph shall not be construed as requiring,
or as authorizing the Commission to require, any gov-
ernment securities broker or government securities
dealer to obtain or maintain any information for
purposes of this paragraph which is not otherwise
maintained by such broker or dealer in accordance
with any other provision of law or usual and cus-
tomary business practice. The Commission shall,
where feasible, avoid requiring any information to be
furnished under this paragraph that the Commission
management compensation, or investment
objectives; and
‘‘(v) investors are not provided an op-
tion to receive or retain a security under
substantially the same terms and condi-
tions as the original issue.
‘‘(5) EXCLUSION FROM DEFINITION.—As used
in this subsection, the term ‘limited partnership roll-
up transaction’ does not include a transaction that
involves only a limited partnership or partnerships
having an operating policy or practice of retaining
cash available for distribution and reinvesting pro-
ceeds from the sale, financing, or refinancing of as-
sets in accordance with such criteria as the Commis-
sion determines appropriate.
‘‘(6) DEFINITION OF PARTNERSHIP.—The term
‘partnership’ includes such other entity having a
substantially economically equivalent form of owner-
ship instrument as the Commission determines, by
rule consistent with the purposes of this subsection,
to include within this definition.’’.
(b) SCHEDULE FOR REGULATIONS.—The Securities
and Exchange Commission shall, not later than 12 months
after the date of enactment of this Act, conduct rule-
making proceedings and prescribe final regulations under
the Securities Act of 1933 and the Securities Exchange
Act of 1934 to implement the requirements of section
14(h) of the Securities Exchange Act of 1934, as amended
by subsection (a).
SEC. 3. RULES OF FAIR PRACTICE IN ROLLUP TRANS-
ACTIONS.
(a) REGISTERED SECURITIES ASSOCIATION RULE.—
Section 15A(b) of the Securities Exchange Act of 1934
(15 U.S.C. 78o–3(b)) is amended by adding at the end
the following new paragraph:
‘‘(12) The rules of the association to promote
just and equitable principles of trade, as required by
paragraph (6), include rules to prevent members of
the association from participating in any limited
partnership rollup transaction (as such term is de-
fined in paragraphs (4) and (5) of section 14(h)) un-
less such transaction was conducted in accordance
with procedures designed to protect the rights of
limited partners, including—
‘‘(A) the right of dissenting limited part-
ners to the following: (i) an appraisal and com-
pensation, or (ii) if the association finds that
granting the rights under clause (i) of this sub-
paragraph would be infeasible or not in the fi-
nancial interest of the dissenting limited part-