PlainBillCongress, translated.Legislation. Context. Public interest.Message on Senate action sent to the House.
Congressional Research Service
Version 00 · Introduced in House · Sep 23, 1997
Amends the Internal Revenue Code to restore, in modified versions, two line-item-vetoed provisions of the Taxpayer Relief Act of 1997: (1) a provision concerning a tax exemption for income earned in connection with the active conduct of foreign financial services businesses; and (2) a provision concerning the nonrecognition of gain on the sale of stock to certain farmers' cooperatives.
People & committees
Rep. Archer, Bill [R-TX-7] · R–TX
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Message on Senate action sent to the House.
Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Amendment SP 3839 agreed to in Senate by Unanimous Consent.
Amendment SP 3839 proposed by Senator Lott for Senator Moynihan.
Measure laid before Senate by unanimous consent. (consideration: CR S12943)
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 291.
Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Motion to reconsider laid on the table Agreed to without objection.
A similar measure H.R. 2444 was laid on the table without objection.
The title of the measure was amended. Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Considered under suspension of the rules. (consideration: CR H10398-10406)
Mr. Thomas moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 196.
Committee on The Budget discharged.
Committee on The Budget discharged.
House Committee on The Budget Granted an extension for further consideration ending not later than Oct. 22, 1997.
House Committee on The Budget Granted an extension for further consideration ending not later than Oct. 21, 1997.
House Committee on The Budget Granted an extension for further consideration ending not later than Oct. 20, 1997.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 105-318, Part I.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 105-318, Part I.
Referred to House Budget
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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