LEGISLATIVE HISTORY OF H.R. 8363 88TH CONGRESS THE REVENUE ACT OF 1964 COMMITTEE ON WAYS AND MEANS Prepared by the Staff of the Committee on Ways and Means for the 69-108 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1966 For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C., 20402 - Price $4.00 COMMITTEE ON WAYS AND MEANS WILBUR D. MILLS, Arkansas, Chairman CECIL R. KING, California JAMES A. BURKE, Massachusetts JOHN W. BYRNES, Wisconsin HERMAN T. SCHNEEBELI, Pennsylvania JOEL T. BROYHILL, Virginia JAMES F. BATTIN, Montana LEO H. IRWIN, Chief Counsel JOHN M. MARTIN, Jr., Assistant Chief Counsel WILLIAM H. QUEALY, Minority Counsel JOHN P. BAKER, Professional Staff THOMAS P. KERESTER, Professional Staff (II) INTRODUCTION The legislative history of H.R. 8363 is a compilation of legislative history materials relating to the enactment of Public Law 88-272. The purpose of this history is to make readily available all of the public documents containing pertinent information relative to the enactment of the law. This document sets forth in chronological order the action taken by Congress with respect to this law. For example, section 1 sets forth the public law; section 2, the President's state of the Union message; section 3, President's 1963 tax message, and so on. The material contained herein has been inserted in toto, therefore, the original pagination appears in all cases. In order to facilitate the utilization of the House floor debate on H.R. 8363 as well as the House and Senate floor debates on the conference report, this document contains an alphabetical listing of Members of Congress with cross-references to their remarks, as well as their extension of remarks. However, in the case of the Senate floor debate, the cross-references are made by Senate amendments in the order in which they were taken up on the floor of the Senate. The names of the Senators making remarks with respect to a particular amendment are listed alphabetically under each amendment. In this connection, however, the page numbers refer to the pages of this document. The floor debates are taken from the Congressional Record for the date indicated. The page numbers of the daily Congressional Record are bracketed. Appendix II of this document is a comparison of the provisions of H.R. 8363, as passed by the House, with present law, Treasury recommendations, Senate Finance Committee version, Senate version and as agreed to by the conferees. For quick reference, it also contains a summary of Senate Finance Committee revisions and Senate floor amendments with conference action on such revisions and amendments. Also contained therein are recommendations of the Treasury Department not adopted; amendments considered and rejected by the Senate Finance Committee; and Senate floor amendments offered and rejected or withdrawn. (III) Chronological history of the legislation Alphabetical listing of Members of Congress with cross-references to floor Section 5. Digest of testimony presented and statements submitted to the Committee on Ways and Means with respect to the President's 1963 Section 11. House floor debate. 1415 Section 13. Bill as passed by the House and referred to the Senate Com- Section 12. Summary of bill as passed by the U.S. House of Representa- 1627 1767 Section 14. Press releases issued by Senate Committee on Finance_ 2079 2105 2495 Section 17. Brief summary of the provisions of H. R. 8363 as reported by 2777 Section 18. Senate floor debate.. 2797 Section 19. Bill as passed by the Senate with amendments of the Senate |