LEGISLATIVE HISTORY OF H.R. 13103 89th Congress FOREIGN INVESTORS TAX ACT OF 1966 COMMITTEE ON WAYS AND MEANS NINETIETH CONGRESS FIRST SESSION Prepared by the Staff of the Committee on Ways and Means for the 71-297 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON : 1967 For sale by the Superintendent of Documents, U.S. Government Printing Office LEGISLATIVE HISTORY OF H.R. 13103 89th Congress FOREIGN INVESTORS TAX ACT OF 1966 PUBLIC LAW 89-809 COMMITTEE ON WAYS AND MEANS NINETIETH CONGRESS FIRST SESSION Prepared by the Staff of the Committee on Ways and Means for the use of the Committee on Ways and Means 71-297 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1967 For sale by the Superintendent of Documents, U.S. Government Printing Office INTRODUCTION The legislative history of H.R. 13103 is a compilation of legislative history materials relating to the enactment of Public Law 89-809. The purpose of this history is to make readily available all of the public documents containing pertinent information relative to the enactment of the law. This document sets forth in chronological order the action taken by Congress with respect to this law. For example, section 1 sets forth the public law; section 2, H.R. 5916 as introduced in the House of Representatives; section 3, an explanation by the Treasury Department of the act to remove tax barriers to foreign investment in the United States, which was inserted in the Congressional Record on March 8, 1965, by Chairman Wilbur D. Mills, and so on. This document contains: (a) the hearings on H.R. 5916 before the Committee on Ways and Means on June 30 and July 1, 1965 (which include: H.R. 5916 as introduced in the House of Representatives; press release of the Committee on Ways and Means, dated June 18, 1965, announcing invitation for interested persons to submit written statements on H.R. 5916; and press release of the Committee on Ways and Means, dated June 24, 1965, announcing public hearings on H.R. 5916); (b) written statements by interested individuals and organizations on H.R. 11297 submitted to the Committee on Ways and Means (which include: H.R. 11297 as introduced in the House of Representatives on September 28, 1965, together with summary of principal provisions and comparative print showing changes which would be made in existing law); and (c) hearings on H.R. 13103 before the Committee on Ways and Means on March 7, 1966 (which include: press release of the Committee on Ways and Means, dated February 24, 1966, announcing the hearings on H.R. 13103 and H.R. 13103 as introduced in the House of Representatives). The hearings held by the Senate Committee on Finance on H.R. 13103 are also contained in this document. Included in these hearings is H.R. 13103 as passed by the House of Representatives and referred to the Senate Committee on Finance. Documents incorporated in the hearings and written statements mentioned above are not set out separately in this document; however, appropriate cross-references are made. The material contained herein has been inserted in toto; therefore, the original pagination appears in all cases. In order to facilitate the utilization of the House and Senate floor debates on H.R. 13103, this document contains an alphabetical listing of Members of Congress with cross-references to their remarks on the floor of the House or the Senate, as the case may be. In this connection, however, the page numbers refer to the pages of this document. The floor debates are taken from the Congressional Record for the |