Legislative History of H.R. 17607, 89th Congress: Suspension of the Investment Credit and the Allowance of Accelerated Depreciation in the Case of Certain Real Property, Public Law 89-800. Eighty-ninth Congress, Second Session, Volume 36

United States. Congress. House. Committee on Ways and Means

U.S. Government Printing Office, 1966 - 1489 pages

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Selected pages

Press release dated September 8 1966 announcing public hearings on	39

L president Albion Malleable Iron Co letter dated September	40

Bureau of the Budget Hon Charles L Schultze Director 28 75	51

Total	56

Policy 75	107

Partial list of items declining in price 196266 Bureau of Labor	127

Kust Leonard E vice president and general tax counsel Westinghouse Page	171

American Telephone Telegraph Co Frederick R Kappel chairman	181

General explanation_	594

Equipped building rule secs 1 and 2 of the bill	602

Technical explanation	609

Certain transfers to be disregarded	615

Effective date	621

House floor debate	631

Howard Hon James J a Representative in Congress from the State	640

Schmidhauser Hon John R a Representative in Congress from the State	641

Association of American Railroads Daniel P Loomis president__ 155	240

Edwards Hon Jack a Representative in Congress from the State of Ala Page	242

Sexton John J special tax counsel National Association of Real Estate Page	245

Blackmon Larry H president National Association of Home Builders	252

Edwards Peter H managing general partner Multicon	259

Loomis Daniel P president Association of American Railroads accom	261

Crude rubber	265

Bullen George Š legislative director National Federation of Independent	267

Fordham University Rev William T Hogan professor of economics_	277

Leslie A V vice president finance	280

Sloan Robert general secretary American Transit Association_	288

Howden John F chairman international trade committee American	304

Douglas Aircraft Co	312

Kust Leonard E vice president and general tax counsel Westinghouse	331

Morris Hon Thomas G a Representative in Congress from the State	345

Dunn Stephen F president National Coal Association	358

Natural rubber	373

Thrush Donald B chairman Government affairs committee Printing	381

Wood Harleston R president Alan Wood Steel Co	391

National Association of Real Estate Boards statement of John C William	405

Investors League Inc William Jackman president statement__	411

Gardner A J president and director McMillan Bloedel United Inc	418

MATERIAL SUBMITTED FOR THE RECORD	422

Tipton S G Air Transport Association statement submitted by	427

National Machine Tool Builders Association A J DeWolf first vice	428

Jones Laughlin Steel Corp Charles M Beeghly chairman of the board	432

Resistance Welder Manufacturers Association R Bruce Wall secretary	441

Goldstein Harold chairman Government Affairs Committee Machinery	442

National Farm Power Equipment Dealers Association Charles R Fred	454

Scott H Vernon executive vice president National Associated Business	457

Hall E S secretary Freedom Inc statement 515	459

Air Transport Association of America statement	460

Manufacturers Association of Connecticut Inc John W Douglas presi	461

Manufacturers Surgical Trade Association John H Castle Jr president	467

Noble Paul L president Printing Industries of Metropolitan New York	468

Wyoming Stock Growers Association Dean Prosser Jr executive secretary	469

Transportation Association of America statement	478

American Trucking Associations Inc W A Bresnahan managing director	479

Harr Karl G Jr president Aerospace Industries Association of America	482

May Albert E acting executive director Committee on American Steam	489

American Waterways Operators Inc Braxton B Carr president letter	490

Commerce and Industry Association of New York Inc Ralph C Gross	492

PRESS RELEASE OF THE COMMITTEE ON WAYS	500

Oppenheimer Martin J New York N Y letter dated September 14 1966	503

Associated General Contractors of America William E Dunn executive	504

Diamond Louis H statement _ _	510

Barry John K Reed Smith Shaw McClay letter dated September	511

Troutman Sams Schroder Lockerman William H Schroder letter	513

National Small Business Association Maurice E Peloubet consultant 231	519

Bethlehem Steel Corp Edmund F Martin chairman and chief executive	529

Horovitz Robert L president National Association of PlumbingHeating	537

Press release of the Committee on Ways and Means dated	553

Bill as reported by Committee on Ways and Means	559

Miscellaneous rubber products	589

Buchanan Hon John H Jr a Representative in Congress from the State	679

Bill as passed by the House and referred to the Senate Com	715

Hearings before the Senate Committee on Finance	721

Ellis Clyde T general manager National Rural Electric Cooperative	727

Hutchinson Everett president National Association of Motor Bus Owners	728

Text of H R 17607_	735

First National Bank of Baltimore Robert B Hobbs chairman of	773

Wellington Edmund Jr executive secretary American Dental Trade	777

Discussions between Hon Henry H Fowler Secretary of the Treasury	778

STATEMENT OF HON JOHN T CONNOR SECRETARY OF COMMERCE	793

Softwood plywood	818

Machinery Allied Products Institute Charles W Stewart president	870

Conference on Economic Progress Leon H Keyserling president 62	901

Fowler Hon Henry H Secretary of the Treasury 5 213	908

Goldstein Harold president Cadillac Machinery Co Inc and vice	924

Certain limitations on the investment credit sec 3 of	968

III	991

Schroeder Frederic J chairman of the board American Railway Car	996

Manufacturing Chemists Association Inc Kenneth Rush chairman	1037

2	1047

Air Transport Association statement submitted by S G Tipton __ 427	1048

American Electric Power Co Inc statement of Herbert B Cohn chief	1073

National Coal Association E B Leisenring Jr chairman tax committee	1081

National Farmers Union statement of Tony T Dechant president 450	1089

National Lumber Building Material Dealers Association statement	1127

Williamson John C director_department of governmental relations	1135

American Machine Tool Distributors Association statement presented	1137

National Machine Tool Builders Association statement submitted by A	1164

National Rural Electric Cooperative Association statement submitted	1183

ADDITIONAL INFORMATION	1189

Railway Progress Institute statement of Nils A Lennartson president 355	1193

Realty Committee on Taxation statement of John J Abberley associate	1203

Press release of the Senate Committee on Finance dated	1205

Economic PessimismForecasters of Slide in Business Activity Take	1212

Reasons for the bill	1244

27	1248

III	1255

Exception of up to 100000 of construction_	1261

Increase in percentage limitation on the investment	1276

Provision of a 7year carryforward	1277

Technical explanation	1278

Determination of investment credit allowed	1285

Senate floor debate	1287

24	1291

Backman Gus P secretary Utah Legislative Conference of Business	1323

Bill as passed by the Senate with amendments of the Senate	1363

29	1381

Summary of Senate amendments	1393

Press release of the Senate Committee on Finance dated	1405

House floor debate on conference report_	1423

43	1427

Senate floor debate on conference report	1451

Summary of the act temporarily suspending the investment	1461

1465	1489

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Legislative History of H.R. 17607, 89th Congress: Suspension of ..., Volume 36
United States. Congress. House. Committee on Ways and Means
Full view - 1966

Common terms and phrases

7-percent investment accelerated depreciation acquired action additional administration agencies amendment American apply August 31 bill billion binding contract budget building BYRNES capital Chairman commitments committee companies Congress construction corporate cost credit and accelerated CURTIS December 31 demand economy effect enacted exemption expenditures facilities Federal financing fiscal gentleman going GOLDFINGER Government House impact incentive income increase industry inflation inflationary interest rates Internal Revenue Code investment credit investment tax credit labor lease legislation machine tools machinery and equipment manufacturing ment MILLS months percent plans plant and equipment pollution present President President's pressures problem production proposed purchase pursuant railroad real property reduce result revenue SCHNEEBELI SCHULTZE Secretary FOWLER section 38 property Senator September 16 September 9 spending statement steel substantial suspend the investment suspension period property taxable taxpayer tion Treasury ULLMAN Vietnam wage water pollution WILBUR D

Bibliographic information

Title	Legislative History of H.R. 17607, 89th Congress: Suspension of the Investment Credit and the Allowance of Accelerated Depreciation in the Case of Certain Real Property, Public Law 89-800. Eighty-ninth Congress, Second Session, Volume 36 Legislative History of H.R. 17607, 89th Congress: Suspension of the Investment Credit and the Allowance of Accelerated Depreciation in the Case of Certain Real Property, Public Law 89-800. Eighty-ninth Congress, Second Session, United States. Congress. House. Committee on Ways and Means
Author	United States. Congress. House. Committee on Ways and Means
Publisher	U.S. Government Printing Office, 1966
Length	1489 pages

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Legislative History of H.R. 17607, 89th Congress: Suspension of the Investment Credit and the Allowance of Accelerated Depreciation in the Case of Certain Real Property, Public Law 89-800. Eighty-ninth Congress, Second Session, Volume 36

From inside the book

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Contents

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Common terms and phrases

Bibliographic information