MISCELLANEOUS REVENUE ISSUES HEARINGS BEFORE THE SUBCOMMITTEE ON SELECT REVENUE MEASURES OF THE COMMITTEE ON WAYS AND MEANS HOUSE OF REPRESENTATIVES ONE HUNDRED FIRST CONGRESS FIRST SESSION OCTOBER 12 AND 26, 1989 VOLUME I Serial 101-71 Printed for the use of the Committee on Ways and Means 28-809 U.S. GOVERNMENT PRINTING OFFICE WASHINGTON 1990 For sale by the Superintendent of Documents, Congressional Sales Office COMMITTEE ON WAYS AND MEANS DAN ROSTENKOWSKI, Illinois, Chairman SAM M. GIBBONS, Florida CHARLES B. RANGEL, New York THOMAS J. DOWNEY, New York FRANK J. GUARINI, New Jersey ROBERT T. MATSUI, California BYRON L. DORGAN, North Dakota BENJAMIN L. CARDIN, Maryland 1 BILL ARCHER, Texas GUY VANDER JAGT, Michigan BILL GRADISON, Ohio WILLIAM M. THOMAS, California ROD CHANDLER, Washington, ROBERT J. LEONARD, Chief Counsel and Staff Director SUBCOMMITTEE ON SELECT REVENUE MEASURES CHARLES B. RANGEL, New York, Chairman RONNIE G. FLIPPO, Alabama FORTNEY PETE STARK, California GUY VANDER JAGT, Michigan 1 Elected to committee on Oct. 16, 1989, to replace Richard A. Gephardt, who resigned on Oct. 5, 1989, to become Majority Leader. CONTENTS U.S. Department of the Treasury, Hon. Kenneth W. Gideon, Assistant Secre- Carpenters Health and Welfare Fund of Philadelphia and Vicinity, Robert D. Comfort and Hon. William Gray, a Representative in Congress from the Federation of American Societies for Experimental Biology, Robert W. Krauss Ford, Hon. Harold, a Representative in Congress from the State of Ten- Gray, Hon. William, a Representative in Congress from the State of Pennsyl- vania, on behalf of Carpenters Health and Welfare Fund of Philadelphia Group Health Inc., Frank Branchini and Allen K. Halperin 171 Halperin, Allen K., Group Health Inc. 171 Handy, Kenneth, Permanente Medical Group, Inc.. 160 Health Insurance Association of America, James A. Dorsch. Harlem International Trade Center Corp., H. Carl McCall and Jeanne 206 195 102 Page Marquis, Robert S., McCampbell & Young, Knoxville, TN 121 213 McCall, H. Carl, Harlem International Trade Center Corp Missouri Department of Economic Development, J. Michael Downing Missouri Housing Development Commission, Richard G. Grose. 206 221 226 Murphy, Jeanne, Harlem International Trade Center Corp.... Permanente Medical Group, Inc., Lawrence B. Gibbs and Kenneth Handy Pickens, Stanley N., Chesterfield Energy Corp., and Independent Petroleum Solid Waste Disposal Authority of the City of Huntsville, AL, Ernest C. 105 Stallings, Hon. Richard H., a Representative in Congress from the State of 35 Studds, Hon. Gerry E., a Representative in Congress from the State of Massachusetts. 47 Tresnowski, Bernard R., Blue Cross and Blue Shield Association Williams, Hon. Pat, a Representative in Congress from the State of Montana.. 42 139 SUBMISSIONS FOR THE RECORD TRANSITION RELIEF Tax-exempt bonds: New York City Municipal Assistance Corp., Stephen J. ACRS: Ocean State Power, Boston, MA, Jacek Makowski, statement.... Dickstein, Shapiro & Morin, Washington, DC, James R. Jones, statement.. Generation-skipping tax: 230 233 236 242 American Bankers Association, Trust Division, statement 244 245 Myers, Charles F., O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, Phoenix, AZ, letter 250 Richter, Ruth I., Estate of, Manitowoc, WI, statement. 255 Winthrop, Stimson, Putnam & Roberts, Washington, DC, Michael W. 257 General Utilities doctrine: Associated General Contractors of America, statement. 259 National Federation of Independent Business, David K. Rehr, statement... 262 266 H.R. 2191: Blue Cross and Blue Shield of New Hampshire, Robert D. Sylvester, letter and attachments DEFRA: 268 Bonneville-Island Park Corp., Salt Lake City, UT, Robert A. Keegan, statement 276 Fall River Rural Electric Cooperative Inc., Ashton, ID, George E. 278 Kogovsek & Associates, Inc., Denver, CO, Andy Wiessner, statement 282 284 Transition relief from FIRREA: Jones, Day, Reavis & Pogue, Washington, DC, 285 NEW ISSUES Foreign trade zones—distilled spirits: Foreign Trade Zone Number One, New York, NY, Solly Braun, state ment.... 295 Page Foreign trade zones-distilled spirits-Continued National Association of Beverage Importers, Inc., David F. Gencarelli, letter Nonconventional fuels tax credit (General): American Petroleum Institute, statement. 297 299 Nonconventional fuels-extension of placed-in-service date: Air Products and Chemicals, Inc., Allentown, PA, statement.. 304 306 313 Waste Management, Inc., Washington, DC, Jane Seigler, statement. Modification of Code section 29-tight sands: 315 American Gas Association, statement and attachments. 306 Arkla Exploration Co., Shreveport, LA, C. Randall Loewen, statement 316 318 Rahall, Hon. Nick, a Representative in Congress from the State of West 320 Definition of tar sands-Code section 29: California Independent Petroleum Association, Thomas R. Hunt II, statement 321 Thomas, Hon. William M., a Representative in Congress from the State of 325 Western States Petroleum Association, Glendale, CA, statement... Tax treatment of crew members on fishing vessels: 327 Social Security Administration, Hon. Gwendolyn S. King, Commissioner, statement. 329 Group of Taxpayers organized by the Seafood Producers Association, New Bedford, MA, Daniel D. Levenson and Richard B. Schafer, joint statement.. 331 |