A bill disapproving the cancellations transmitted by the President on August 11, 1997, regarding Public Law 105-34.
Disapproves the President's cancellations (line item veto) of provisions in the Taxpayer Relief Act of 1997 that provide for: (1) tax exemptions for active financing income of certain financial service providers; and (2) nonrecognition of gain on sales of stock of qualified farm product refiners or processors to eligible farmers' cooperatives.
Laid on the table. See H.R. 2513 for further action. (consideration: CR H10406)
Introduced in Senate
Sponsor introductory remarks on measure. (CR S9019)
Read twice and referred to the Committee on Finance pursuant to the order of for seven days of session pursuant to section 1023 of Public Law 93-344.
Senate Committee on Finance discharged. Pursuant to section 1023 of Public Law 93-244.
Senate Committee on Finance discharged. Pursuant to section 1023 of Public Law 93-244.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 170.
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