H.R.3838 - Tax Reform Act of 198699th Congress (1985-1986)

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10/22/1986 Became Public Law No: 99-514.

10/22/1986 Signed by President.

10/20/1986 Presented to President.

10/20/1986 Measure Signed in Senate.

10/20/1986 Measure Signed in Senate.

09/27/1986 Senate agreed to conference report by Yea-Nay Vote. 74-23. Record Vote No: 296.

09/26/1986 Conference report considered in Senate.

09/25/1986 Conference papers, message on House action held at the desk.

09/25/1986 House Agreed to Conference Report by Yea-Nay Vote: 292 - 136 (Record Vote No: 413).

09/18/1986 Conference Report 99-841 Filed in House (Volumes 1 and 2).

07/21/1986 Conference held.

07/18/1986 Conference held.

07/17/1986 Conference held.

07/16/1986 House Agreed to Request for Conference and Speaker Appointed Conferees: Rostenkowski, Pickle, Rangel, Stark, Gephardt, Russo, Pease, Duncan, Archer, Vander Jagt, Crane.

07/16/1986 House Conferees Instructed by Yea-Nay Vote: 338 - 61 (Record Vote No: 222).

07/16/1986 House Disagreed to Senate Amendments by Unanimous Consent.

07/15/1986 Senate insists on its amendments, asks for a conference, appoints conferees Packwood; Dole; Roth; Danforth; Chafee; Wallop; Long; Bentsen; Matsunaga; Bradley; Moynihan.

06/24/1986 Passed Senate with an amendment by Yea-Nay Vote. 97-3. Record Vote No: 148.

06/24/1986 Committee substitute, as amended, agreed to by Voice Vote.

06/24/1986 Motion to table the motion to waive the Budget Act with respect to the Melcher amendment no. Sp2156 agreed to in Senate by Yea-Nay Vote. 54-39. Record Vote No: 146.

06/24/1986 Considered by Senate.

06/24/1986 S.Amdt.2156 Motion to table the motion to waive the Budget Act with respect to the Melcher amendment SP 2156 agreed to in Senate by Yea-Nay Vote. 54-39. Record Vote No: 146.

06/24/1986 S.Amdt.2133 Amendment SP 2133 agreed to in Senate by Yea-Nay Vote. 50-47. Record Vote No: 147.

06/24/1986 S.Amdt.2156 Fell when the motion to waive the Budget Act was tabled.

06/24/1986 S.Amdt.2133 Considered by Senate.

06/24/1986 S.Amdt.2156 Considered by Senate.

06/24/1986 S.Amdt.2168 Proposed amendment SP 2168 withdrawn in Senate.

06/24/1986 S.Amdt.2161 Amendment SP 2161 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2165 Amendment SP 2165 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2169 Amendment SP 2169 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2162 Amendment SP 2162 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2166 Amendment SP 2166 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2163 Amendment SP 2163 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2167 Amendment SP 2167 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2164 Amendment SP 2164 agreed to in Senate by Voice Vote.

06/24/1986 S.Amdt.2161 Proposed by Senator Armstrong. To modernize certain provisions of subchapter M of the Internal Revenue Code of 1954.

06/24/1986 S.Amdt.2165 Proposed by Senator Kennedy. To provide a transition rule for a certain public housing project, while maintaining revenue neutrality.

06/24/1986 S.Amdt.2169 Proposed by Senator Byrd. To provide special relief for flood victims.

06/24/1986 S.Amdt.2162 Proposed by Senator Durenberger. To treat certain entities as trusts for tax purposes.

06/24/1986 S.Amdt.2166 Proposed by Senator Packwood. To make technical corrections.

06/24/1986 S.Amdt.2167 Proposed by Senator Packwood for Senator Wilson. To make certain changes relating to irrevocable estate elections.

06/24/1986 S.Amdt.2163 Proposed by Senator Chiles. To express the sense of the Senate that the year-to-year revenue fluctuations produced by the Committee on Finance amendment to H.R. 3838 should be reduced in conference.

06/24/1986 S.Amdt.2164 Proposed by Senator Moynihan. To extend the common paymaster rule for FICA taxes to partnerships, estates, and trusts.

06/24/1986 S.Amdt.2168 Proposed by Senator Moynihan. To delete the dealers exception from the hedging rules while retaining revenue neutrality.

06/23/1986 Considered by Senate.

06/23/1986 S.Amdt.2148 Amendment SP 2148 agreed to in Senate by Voice Vote.

06/23/1986 S.Amdt.2148 Considered by Senate.

06/23/1986 S.Amdt.2155 SP 2155 ruled out of order by the chair.

06/23/1986 S.Amdt.2153 Amendment SP 2153 agreed to in Senate by Voice Vote.

06/23/1986 S.Amdt.2154 Amendment SP 2154 agreed to in Senate by Voice Vote.

06/23/1986 S.Amdt.2158 Amendment SP 2158 agreed to in Senate by Voice Vote.

06/23/1986 S.Amdt.2159 Amendment SP 2159 agreed to in Senate by Voice Vote.

06/23/1986 S.Amdt.2154 Proposed by Senator Domenici. To provide for the budgetary treatment of any revenue fluctuations produced by the Tax Reform Act of 1986.

06/23/1986 S.Amdt.2159 Proposed by Senator Stevens. To clarify the Alaska Native consolidated return exemption in the Tax Reform Act of 1984.

06/23/1986 S.Amdt.2133 Proposed by Senator Mattingly. To provide that it is the sense of the Congress that tax reform legislation remain unchanged for a period of at least five years from the date of enactment.

06/23/1986 S.Amdt.2153 Proposed by Senator Mitchell. To amend various provisions of the bill with respect to low-income housing while maintaining revenue neutrality.

06/23/1986 S.Amdt.2155 Proposed by Senator Melcher. To allow a 30 percent capital gains exclusion for the sale of property by an individual actively engaged in the trade or business of farming or woodlot operations; and to limit net operating loss carrybacks.

06/23/1986 S.Amdt.2156 Proposed by Senator Melcher. To allow a 30 percent capital gains exclusion for the sale of property by an individual actively engaged in the trade or business of farming or woodlot operations; and to limit net operating loss carrybacks.

06/23/1986 S.Amdt.2158 Proposed by Senator Stevens. To clarify the application of the alternative minimum income tax to corporations established pursuant to the Alaska Native Claims Settlement Act of 1971.

06/20/1986 Considered by Senate.

06/20/1986 S.Amdt.2145 Amendment SP 2145 not agreed to in Senate by Yea-Nay Vote. 40-43. Record Vote No: 145.

06/20/1986 S.Amdt.2141 Amendment SP 2141 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2149 Amendment SP 2149 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2138 Amendment SP 2138 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2146 Amendment SP 2146 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2150 Amendment SP 2150 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2139 Amendment SP 2139 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2143 Amendment SP 2143 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2147 Amendment SP 2147 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2151 Amendment SP 2151 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2140 Amendment SP 2140 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2144 Amendment SP 2144 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2152 Amendment SP 2152 agreed to in Senate by Voice Vote.

06/20/1986 S.Amdt.2145 Motion to table SP 2145 rejected in Senate by Yea-Nay Vote. 41-41. Record Vote No: 144.

06/20/1986 S.Amdt.2141 Proposed by Senator Stevens. To exempt income from reindeer held in trust from federal taxation.

06/20/1986 S.Amdt.2145 Proposed by Senator Baucus to Amendment SP 2143. To make revisions in the section 559 Voluntary Disclosure Program.

06/20/1986 S.Amdt.2138 Proposed by Senator Packwood for Senator Quayle. To provide that the period during which an individual is in the United States competing in a charitable sporting event shall not be taken into account in determining whether such individual is a resident alien.

06/20/1986 S.Amdt.2150 Proposed by Senator Dole. Relating to teleconnectors.

06/20/1986 S.Amdt.2143 Proposed by Senator Bumpers. To reward taxpayers who voluntarily pay taxes and to assist the elderly pay their medical bills.

06/20/1986 S.Amdt.2151 Proposed by Senator Heflin. Transition rule from limitation on Investment in nonpurpose obligations.

06/20/1986 S.Amdt.2139 Proposed by Senator Roth. To retain the credit for alcohol used as a fuel and to advance the effective date of the taxation of certain foreign governments conducting commercial activity.

06/20/1986 S.Amdt.2140 Proposed by Senator Dole. To allow a deduction for expenses necessary to enable a handicapped individual to work, and for other purposes.

06/20/1986 S.Amdt.2146 Proposed by Senator Gore. To clarify the provisions of the Tax Reform Act of 1984 relating to obligations directly or indirectly guaranteed by the Federal Government.

06/20/1986 S.Amdt.2147 Proposed by Senator Gorton. To amend the Internal Revenue Code of 1954 to provide tax-exempt status for organizations which assist in introducing into public use technology developed by qualified organizations.

06/20/1986 S.Amdt.2148 Proposed by Senator Grassley. To provide an exception to trucks, tractor units, and trailers which a privately held truck leasing company headquartered in Des Moines, Iowa, contracted to purchase in September 1985.

06/20/1986 S.Amdt.2149 Proposed by Senator Matsunaga. To exclude from the definition of an unrelated trade or business qualified convention and trade show activities carried out by organizations described in section 501(c)(3) or 501(c)(4) of such Code, and to require private foundations subject to an excise tax imposed by section 4940 of the Internal Revenue Code of 1954 to pay such tax in a manner consistent with the corporate estimated tax payment rules.

06/20/1986 S.Amdt.2144 Proposed by Senator Byrd. To exempt the 1950 UMWA pension plan from the survivor annuity requirements of the Retirement Equity Act of 1984.

06/20/1986 S.Amdt.2152 Proposed by Senator Packwood for Senator Moynihan. To extend the moratorium on the Application of Section 312(n)(6) to Foreign Corporations.

06/19/1986 Division I of the Committee amendment agreed to by Yea-Nay Vote. 99-0. Record Vote No: 140.

06/19/1986 Considered by Senate.

06/19/1986 S.Amdt.2105 Proposed amendment SP 2105 withdrawn in Senate.

06/19/1986 S.Amdt.2111 Proposed amendment SP 2111 withdrawn in Senate.

06/19/1986 S.Amdt.2109 Amendment SP 2109 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2121 Amendment SP 2121 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2106 Amendment SP 2106 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2114 Amendment SP 2114 agreed to in Senate by Yea-Nay Vote. 94-1. Record Vote No: 143.

06/19/1986 S.Amdt.2118 Amendment SP 2118 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2122 Amendment SP 2122 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2134 Amendment SP 2134 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2119 Amendment SP 2119 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2123 Amendment SP 2123 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2131 Amendment SP 2131 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2104 Amendment SP 2104 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2108 Amendment SP 2108 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2120 Amendment SP 2120 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2124 Amendment SP 2124 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2132 Amendment SP 2132 agreed to in Senate by Voice Vote.

06/19/1986 S.Amdt.2107 Motion to table SP 2107 agreed to in Senate by Yea-Nay Vote. 92-7. Record Vote No: 141.

06/19/1986 S.Amdt.2112 Motion to table SP 2112 agreed to in Senate by Yea-Nay Vote. 60-35. Record Vote No: 142.

06/19/1986 S.Amdt.2109 Proposed by Senator McClure. To allow individual retirement accounts to acquire gold and silver coins issued by the United States.

06/19/1986 S.Amdt.2106 Proposed by Senator Metzenbaum. To express the sense of the Senate on transition rules.

06/19/1986 S.Amdt.2118 Proposed by Senator Evans. Providing for quality control studies.

06/19/1986 S.Amdt.2122 Proposed by Senator Matsunaga. To encourage Physicians' and Surgeons' Mutual Protection and Interdemnity Arrangements or Associations.

06/19/1986 S.Amdt.2107 Proposed by Senator DeConcini. To lower the maximum individual tax rate to 26 percent, to increase the income to which the 15 percent rate applies, to repeal the foreign tax credit and foreign income deferral, and to increase the rate of the minimum tax.

06/19/1986 S.Amdt.2119 Proposed by Senator Evans. To amend the gas guzzler tax provisions of the Internal Revenue Code.

06/19/1986 S.Amdt.2123 Proposed by Senator Stevens. Providing that certain diesel fuel taxes may be imposed on sales to retailers.

06/19/1986 S.Amdt.2131 Proposed by Senator Hatch. To make parallel amendments to the Employee Retirement Income Security Act of 1974.

06/19/1986 S.Amdt.2104 Proposed by Senator Evans. To allow a taxpayer to deduct 60 percent of that portion of the taxpayer's State and local sales taxes in excess of the taxpayer's State and local income taxes, to require a TIN (tax identifying number) for certain minors, and to modify the hedging exception for certain dealers.

06/19/1986 S.Amdt.2105 Proposed by Senator Lautenberg. To clarify that amounts paid for necessary home improvements to motivate harmful levels of radon gas exposure qualify for the tax deduction for medical care expenses.

06/19/1986 S.Amdt.2111 Proposed by Senator Chafee. To provide that certain deductions and credits not be allowed for expenditures within the Coastal Barrier Resources System and for other purposes.

06/19/1986 S.Amdt.2112 Proposed by Senator Harkin. To provide for the indexing of trade or business property sold by individuals age 55 or older and to impose a tax on mergers involving corporations of more then $250,000,000.

06/19/1986 S.Amdt.2114 Proposed by Senator Riegle. To express the sense of the Senate that the Senate conferees on the Tax reform Act of 1986 give the highest priority to increasing the tax cut for all middle income Americans.

06/19/1986 S.Amdt.2121 Proposed by Senator Metzenbaum. To provide a transitional rule for estate and gift tax treatment of disclaimers of property.

06/19/1986 S.Amdt.2124 Proposed by Senator Sasser. To apply the Regulatory Flexibility Act to interpretative rulings of the Internal Revenue Service.

06/19/1986 S.Amdt.2134 Proposed by Senator Bradley. Directing the Secretary of the Treasury to require, under regulations, employers to notify any employee who has not had any tax withheld from wages that such employee may be eligible for a refund because of the earned income credit.

06/19/1986 S.Amdt.2108 Proposed by Senator McConnell. To provide that certain expenses of a private foundation in removing hazardous substances shall be treated as qualifying distributions for purposes of section 4942 of the Internal Revenue Code of 1954.

06/19/1986 S.Amdt.2120 Proposed by Senator Baucus. To provide for an effective 15-year carryback of existing investment tax credit carryforwards of farmers.

06/19/1986 S.Amdt.2132 Proposed by Senator Humphrey. Relating to the definition of real estate broker for reporting purposes.

06/18/1986 Considered by Senate.

06/18/1986 S.Amdt.2094 Amendment SP 2094 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2098 Amendment SP 2098 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2102 Amendment SP 2102 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2093 Amendment SP 2093 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2097 Amendment SP 2097 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2095 Amendment SP 2095 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2096 Amendment SP 2096 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2100 Amendment SP 2100 agreed to in Senate by Voice Vote.

06/18/1986 S.Amdt.2101 Motion to table SP 2101 agreed to in Senate by Yea-Nay Vote. 63-32. Record Vote No: 139.

06/18/1986 S.Amdt.2090 Motion to table SP 2090 agreed to in Senate by Yea-Nay Vote. 65-29. Record Vote No: 136.

06/18/1986 S.Amdt.2091 Motion to table SP 2091 agreed to in Senate by Yea-Nay Vote. 71-29. Record Vote No: 137.

06/18/1986 S.Amdt.2098 Proposed by Senator Metzenbaum. To strike out a special rule relating to small insurance company deductions.

06/18/1986 S.Amdt.2093 Proposed by Senator Metzenbaum. To decrease the amount of indebtedness to which an exception to the allocation of interest rules applies.

06/18/1986 S.Amdt.2096 Proposed by Senator Armstrong. To amend section 1402(e) of the Internal Revenue Code of 1954 to modify the conditions under which a member of the clergy may receive an exemption from the tax imposed under chapter 2 of subtitle A of the Internal Revenue Code of 1954, to permit a member of the clergy to revoke an exemption received under such section under certain circumstances, and to make a technical correction with respect to the adjustment for windfall benefits provided under section 215(a)(7) of the Social Security Act.

06/18/1986 S.Amdt.2091 Proposed by Senator Mitchell. To provide a third rate bracket for individual taxpayers at 35 percent.

06/18/1986 S.Amdt.2094 Proposed by Senator Moynihan to Amendment SP 2093. To permit taxable not-for-profit corporations engaged in the gathering and distribution of news and other information to report income from such services to members and non-members on a consolidated basis.

06/18/1986 S.Amdt.2095 Proposed by Senator Armstrong. To provide for the treatment of certain services performed for certain Indian tribal governments under the Federal Unemployment Tax Act.

06/18/1986 S.Amdt.2097 Proposed by Senator Simon. To ensure that any carrybacks resulting in rebates to steel corporations are committed to plant modernization.

06/18/1986 S.Amdt.2101 Proposed by Senator Melcher. To allow a 30 percent capital gains exclusion for the sale of farm property by an individual actively engaged in the trade or business of farming to include deferred foreign income of United States shareholder of controlled foreign corporations in the computation of alternative minimum taxable income.

06/18/1986 S.Amdt.2102 Proposed by Senator Kassebaum. To change the effective date relating to repeal of expenditures by farmers for clearing land, to strike out the debt to equity limitation with respect to discharge of qualified farm indebtedness, and to change the effective date of the amendments relating to discharge of farm indebtedness.

06/18/1986 S.Amdt.2100 Proposed by Senator Metzenbaum. Relating to mutual life insurance companies.

06/17/1986 Considered by Senate.

06/17/1986 S.Amdt.2087 Amendment SP 2087 agreed to in Senate by Division Vote.

06/17/1986 S.Amdt.2085 Amendment SP 2085 agreed to in Senate by Voice Vote.

06/17/1986 S.Amdt.2087 Motion to table SP 2087 rejected in Senate by Yea-Nay Vote. 18-80. Record Vote No: 134.

06/17/1986 S.Amdt.2086 Motion to table SP 2086 agreed to in Senate by Yea-Nay Vote. 68-31. Record Vote No: 133.

06/17/1986 S.Amdt.2089 Motion to table SP 2089 agreed to in Senate by Yea-Nay Vote. 57-42. Record Vote No: 135.

06/17/1986 S.Amdt.2086 Proposed by Senator Metzenbaum. To strike the transitional rule relating to tax on the long-term capital gains on rights to royalties paid under leases and assignments by a limited partnership.

06/17/1986 S.Amdt.2090 Proposed by Senator Pryor. To delete the section of the bill allowing steel companies to carry back unused investment tax credits for 15 years.

06/17/1986 S.Amdt.2085 Proposed by Senator Metzenbaum. To modify certain transition rules.

06/17/1986 S.Amdt.2087 Proposed by Senator Metzenbaum. To retain current law relating to tax treatment on foreign investment in United States real property.

06/17/1986 S.Amdt.2089 Proposed by Senator Trible. To strike the provision eliminating 3-year recovery of basis in pension plans, and for other purposes.

06/16/1986 Considered by Senate.

06/16/1986 S.Amdt.2082 Proposed amendment SP 2082 withdrawn in Senate.

06/16/1986 S.Amdt.2081 Motion to table SP 2081 agreed to in Senate by Yea-Nay Vote. 73-14. Record Vote No: 132.

06/16/1986 S.Amdt.2081 Proposed by Senator Metzenbaum. To strike out a transition rule.

06/16/1986 S.Amdt.2082 Proposed by Senator Danforth. To provide for the establishment of rural enterprise zones while maintaining revenue neutrality.

06/13/1986 Considered by Senate.

06/13/1986 S.Amdt.2079 Amendment SP 2079 agreed to in Senate by Voice Vote.

06/13/1986 S.Amdt.2077 Motion to table SP 2077 agreed to in Senate by Yea-Nay Vote. 51-44. Record Vote No: 130.

06/13/1986 S.Amdt.2077 Considered by Senate.

06/13/1986 S.Amdt.2079 Motion to table SP 2079 rejected in Senate by Yea-Nay Vote. 30-60. Record Vote No: 131.

06/13/1986 S.Amdt.2079 Proposed by Senator Metzenbaum. To strike out a transition rule, and to authorize the Secretary of Treasury to issue regulations that permit family farmers to use income averaging to the extent that such regulations will not reduce revenues more than the revenue raised under this amendment as determined by the Joint Committee on Taxation.

06/12/1986 Considered by Senate.

06/12/1986 S.Amdt.2070 Proposed amendment SP 2070 withdrawn in Senate.

06/12/1986 S.Amdt.2070 Considered by Senate.

06/12/1986 S.Amdt.2074 Proposed amendment SP 2074 withdrawn in Senate.

06/12/1986 S.Amdt.2071 Proposed amendment SP 2071 withdrawn in Senate.

06/12/1986 S.Amdt.2076 Amendment SP 2076 agreed to in Senate by Yea-Nay Vote. 76-21. Record Vote No: 129.

06/12/1986 S.Amdt.2072 Amendment SP 2072 not agreed to in Senate by Voice Vote.

06/12/1986 S.Amdt.2073 Motion to table SP 2073 agreed to in Senate by Yea-Nay Vote. 77-20. Record Vote No: 128.

06/12/1986 S.Amdt.2074 Proposed by Senator Evans. To allow a taxpayer to elect to deduct either State and local income taxes or State and local sales taxes.

06/12/1986 S.Amdt.2073 Proposed by Senator Weicker. To delete the exception for working interests in oil and gas property from the definition of passive activity.

06/12/1986 S.Amdt.2077 Proposed by Senator Kasten. To provide for charitable deductions for nonitemizers and to lower the threshold for phasing out the personal exemption.

06/12/1986 S.Amdt.2071 Proposed by Senator D'Amato. To deny foreign tax credits, and income tax deferred on income, attributable to activities conducted in foreign countries with which the United States does not conduct diplomatic relations or which repeatedly provide support for acts of international terrorism.

06/12/1986 S.Amdt.2072 Proposed by Senator Dixon. To restore the State and local sales tax deduction, and to impose a 1 percent floor on all itemized deductions not otherwise subject to a floor.

06/12/1986 S.Amdt.2076 Proposed by Senator Chiles. To express the sense of the Senate that the deductibility of State and local sales, real and personal property, and income taxes be preserved in full.

06/11/1986 Considered by Senate.

06/11/1986 S.Amdt.2062 Amendment SP 2062 agreed to in Senate by Voice Vote.

06/11/1986 S.Amdt.2065 Amendment SP 2065 agreed to in Senate by Yea-Nay Vote. 96-4. Record Vote No: 124.

06/11/1986 S.Amdt.2063 Amendment SP 2063 agreed to in Senate by Voice Vote.

06/11/1986 S.Amdt.2064 Amendment SP 2064 agreed to in Senate by Voice Vote.

06/11/1986 S.Amdt.2062 Considered by Senate.

06/11/1986 S.Amdt.2065 Considered by Senate.

06/11/1986 S.Amdt.2063 Considered by Senate.

06/11/1986 S.Amdt.2064 Considered by Senate.

06/11/1986 S.Amdt.2066 Amendment not agreed to in Senate by Voice Vote.

06/11/1986 S.Amdt.2069 Motion to table SP 2069 agreed to in Senate by Yea-Nay Vote. 78-18. Record Vote No: 127.

06/11/1986 S.Amdt.2067 Motion to table SP 2067 agreed to in Senate by Yea-Nay Vote. 51-48. Record Vote No: 125.

06/11/1986 S.Amdt.2068 Motion to table SP 2068 agreed to in Senate by Yea-Nay Vote. 76-21. Record Vote No: 126.

06/11/1986 S.Amdt.2069 Proposed by Senator Dixon. To allow the deduction for contributions to individual retirement plans against the 15 percent rate, and to impose a 1 percent floor on all itemized deductions not otherwise subject to a floor.

06/11/1986 S.Amdt.2067 Proposed by Senator D'Amato to Amendment SP 2066. To allow the deduction for contributions to individual retirement plans against the 15 percent rate, and to increase the minimum tax rate.

06/11/1986 S.Amdt.2066 Proposed by Senator Dodd. To allow the deduction for contributions to individual retirement plans against the 15 percent rate, and to increase the minimum tax rate.

06/11/1986 S.Amdt.2070 Proposed by Senator Grassley. To deny foreign tax credits attributable to activities conducted in foreign countries which repeatedly provide support for acts of international terrorism.

06/11/1986 S.Amdt.2068 Proposed by Senator Baucus. To provide a refundable credit for contributions to individual retirement plans.

06/10/1986 Considered by Senate.

06/10/1986 S.Amdt.2060 Proposed amendment SP 2060 withdrawn in Senate.

06/10/1986 S.Amdt.2062 Proposed by Senator Roth. Stating the finding of the Senate that Americans should be encouraged to save for their retirements; that only slightly more than one-half of all civilian employees are covered by employer-sponsored retirement plans, and of those only half are vested in their benefits; that over 70 percent of all taxpayers who have established individual retirement accounts have annual incomes of under $50,000; and that taxpayers should be able to adequately provide for their retirement security, that taxpayers cannot rely on Social Security alone, and should be encouraged to provide for their retirement through tax incentives.

06/10/1986 S.Amdt.2063 Proposed by Senator Dole to Amendment SP 2062. To express the sense of the Senate that the Senate conferees give highest priority to retaining maximum possible tax benefits for IRAs to encourage their use as a principal vehicle for ensuring retirement security; and that the retention of the tax benefit of IRAs should be accomplished in a manner which does not adversely affect the tax rates or distribution by income class of tax reduction otherwise provided for the Act.

06/10/1986 S.Amdt.2064 Proposed by Senator Roth. Stating the finding of the Senate that Americans should be encouraged to save for their retirement; that only slightly more than one-half of all civilian employees are covered by employer-sponsored retirement plans, and of those only half are vested in their benefits; that over 70 percent of all taxpayers who have established individual retirement accounts have annual income of under $50,000; and that taxpayers should be able to adequately provide for their retirement security, that taxpayers cannot rely on Social Security alone, and should be encouraged to provide for their retirement through tax incentives.

06/10/1986 S.Amdt.2065 Proposed by Senator Packwood to Amendment SP 2064. To express the sense of the Senate that the Senate conferees on the Act give highest priority to retaining maximum possible tax benefits for IRAs to encourage their use as a principal vehicle for ensuring retirement security; and that the retention of the tax benefit of IRAs should be accomplished in a manner which does not adversely affect the tax rates or distribution by income class of tax reduction otherwise provided for in the Act.

06/10/1986 S.Amdt.2060 Proposed by Senator Stafford. To provide that no person over 75 years of age with net income less than $40,000 shall pay any income tax so long as such person's hair does not turn white.

06/09/1986 Considered by Senate.

06/04/1986 Measure laid before Senate by unanimous consent.

06/04/1986 Motion to proceed to consideration of measure agreed to in Senate by Voice Vote.

06/04/1986 Motion to proceed to consideration of measure made in Senate.

05/29/1986 Placed on Senate Legislative Calendar under General Orders. Calendar No. 665.

05/29/1986 Committee on Finance. Reported to Senate by Senator Packwood under the authority of the order of May 21, 86 with an amendment in the nature of a substitute. With written report No. 99-313. Additional views filed.

05/06/1986 Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.

03/04/1986 Committee on Finance. Hearings held.

02/06/1986 Committee on Finance. Hearings held.

02/05/1986 Committee on Finance. Hearings held.

02/04/1986 Committee on Finance. Hearings held.

02/03/1986 Committee on Finance. Hearings held.

01/30/1986 Committee on Finance. Hearings held.

01/29/1986 Committee on Finance. Hearings held.

01/06/1986 Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Departments of the Treasury, State, Commerce, Labor, and Health and Human Services.

12/18/1985 Received in the Senate and read twice and referred to the Committee on Finance.

12/17/1985 Passed House (Amended) by Voice Vote.

12/17/1985 House Agreed to Amendments Adopted by the Committee of the Whole.

12/17/1985 Called up by House by Rule.

12/17/1985 Rule Passed House.

12/17/1985 H.Amdt.706 Amendment Failed of Passage in Committee of Whole by Recorded Vote: 133 - 294 (Record Vote No: 470).

12/17/1985 H.Amdt.704 Amendment Passed in Committee of the Whole by Voice Vote.

12/17/1985 H.Amdt.706 Amendment Offered by Representative Duncan.

12/17/1985 H.Amdt.704 Amendment Offered by Representative Udall.

12/16/1985 Rules Committee Resolution H.Res.343 Reported to House.

12/16/1985 Committee on Rules Granted a Modified Closed Rule Providing Three Hours of General Debate; Waiving all Points of Order Against Consideration of the Bill; Making in Order Certain Amendments; Waiving Points of Order Against Said Amendments.

12/11/1985 Rule Failed of Passage in House.

12/10/1985 Rules Committee Resolution H.Res.336 Reported to House.

12/10/1985 Committee on Rules Granted a Modified Closed Rule Providing Three Hours of General Debate; Waiving all Points of Order Against Consideration of the Bill; Making in Order Certain Amendments; Waiving Points of Order Against Said Amendments.

12/07/1985 Placed on Union Calendar No: 258.

12/07/1985 Reported to House by House Committee on Ways and Means. Report No: 99-426.

12/03/1985 Ordered to be Reported.

12/03/1985 Referred to House Committee on Ways and Means.

12/03/1985 Introduced in House