Comparison of Differing Provisions of Technical Corrections : Titles I And Ii of the House Bill And Titles I And Ii of the Senate Amendment Jcx-30-88

Cover Comparison of Differing Provisions of Technical Corrections : Titles I And Ii of the House Bill And Titles I And Ii of the Senate Amendment Jcx-30-88
Comparison of Differing Provisions of Technical Corrections : Titles I And Ii of the House Bill And Titles I And Ii of the Senate Amendment Jcx-30-88
United States. Congress. Joint Committee On Taxation
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Q. Provisions Related to Titles XVII and XVIII of the Reform Act (Miscellaneous Provisions) (sees. 117 and 118 of the House bill and sees. 117 and 118 of the Senate amendment) The Senate amendment is the same as the House bill, except-- (1) the Senate amendment clarifies that the basis of a bond is increased by market discount included in income; (2) the Senate amendment does not include the provision in the House bill which clarifies the present law exclusion from gross income of certain payme
...nts received under evironmental and conservation programs; (3) the Senate amendment does not contain the provision in the House bill deleting the provision of the 1986 Act regarding the compensation of ocean f reightf orwarders ; and (4) the Senate amendment corrects a cross-reference to the gasoline tax registration and bonding procedures.
-9- II. TECHNICAL CORRECTIONS TO OTHER TAX LEGISLATION A. Superfund Revenue Act of 1986 (sec. 201 of the House bill and sec. 201 of the Senate amendment) The Senate amendment is the same as the House bill.


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