June 28, 1996 CONGRESSIONAL RECORD — SENATE S7327 the opportunity to throw pies at teach- edly so, in the accomplishments of our MaliVai Washington, Ann Arbor, ers. This innovative program encour- athletes and coaches. However, it is the men’s doubles, tennis. aged family reading time and moti- families, friends, and neighbors of , Ann Arbor, 200m vated students to read independently. these individuals who are especially breast, swimming. The students enthusiastically accepted qualified in their pride. Olympic talent The founder of the modern Olympic the challenge and worked very hard to cannot be attained overnight, it takes games, Baron Pierre de Coubertin, is meet their goal. They succeeded in years to hone and develop; undoubtedly credited with having written the Olym- their endeavor, a magnificent achieve- an impossibility without the support pic Creed, which is as follows: ‘‘The ment by some motivated young people and encouragement provided by local most important thing in the Olympic in my State. communities. Games is not to win but to take part, Mr. President, we all know reading is At least 30 individuals with distinct just as the most important thing in life an essential skill that enables children ties to my State of Michigan will take is not the triumph but the struggle. to communicate and convey ideas more part in the upcoming centennial The essential thing is not to have con- effectively. Children who acquire good Games. Whether native born and quered but to have fought well.’’ reading skills will be better equipped raised, to attend school, to train, or to It is inevitable that next month in to compete in today’s dynamic world coach, they all share some sort of af- Atlanta records will be broken, heroes will be born, and Olympic legends will that demands an education as a pre- filiation to the Great Lakes State. be created. However, before the first requisite for self-sufficiency and par- While the following men and women event gets underway and the medal ticipating in a highly skilled work will participate in the Olympics first counts begin, each and every athlete force. Illiteracy is a problem that and foremost as Americans, I would and coach deserves our respect and ad- plagues West Virginia as well as the like to take a moment to recognize miration. For in the spirit of the Olym- Nation, and too many children reach them also as Michiganians: pic Creed, the dedication to undergo adulthood lacking abilities they need Bob Allshouse, Birmingham, team the years of intense training and prepa- for a secure future. Programs like the leader, table tennis. ration necessary to become an Olym- million pages project are consistent Frankie Andreu, Dearborn, men’s with goals set by the Department of pian, is a significant victory in itself. road, cycling. To be chosen to represent one’s coun- Education. They also complement the Thomas , Ann Arbor, goals of the National Commission on try, and State, is an awesome responsi- 1,500m free, swimming. bility; and I have full faith and con- Children, a bipartisan group of policy- Pam Bustin, Haslett, defender, field makers, educators, and individuals fidence our athletes and coaches will hockey. perform with distinction. I salute these that I led in looking for ways to David DeGraaf, Lansing, circle run- strengthen families and better the lives extraordinary men and women for their ner, team handball. achievements thus far, and look for- of tomorrow’s leaders. , Ann Arbor, 400m free, The million pages project is a step in ward to news of even greater successes 200m, 400m IM, swimming. the right direction, going beyond basic on their part in the days ahead.∑ Greg Giovanazzi, Ann Arbor, assist- classroom instruction to develop a love ant coach, volleyball. f of reading and encourage the develop- Charlie Greene, East Lansing, assist- RECOGNIZING THE CENTERS FOR ment of these vital skills. Programs ant team leader, track and field. DISEASE CONTROL AND PREVEN- such as the million pages project are Grant Hill, Detroit, forward, basket- TION FOR 50 YEARS OF LEADER- helping to fight the battle of illiteracy ball. SHIP AND ACHIEVEMENT IN SUP- and giving West Virginia’s children a Mora Kanim, Ann Arbor, assistant PORT OF PUBLIC HEALTH better chance for a bright future. This coach, volleyball. program serves as a fine example of ∑ Mr. SIMON. Mr. President, today I Al Kastl, Mount Clemens, team lead- what happens when people come to- have the distinct honor of recognizing er, Greco-Roman wrestling. gether to promote a worthy cause, and the Centers for Disease Control and Mike King, Grand Rapids, head I hope others will learn from the Mead- Prevention [CDC] for 50 years of activi- coach, archery. ows challenge. ties dedicated to protecting the public Achieving this goal of 1 million pages Charles Karch’’ Kiraly, Jackson, health of the people of the United is a great honor, and again, Mr. Presi- beach volleyball. States. What began on July 1, 1946, as dent, I sincerely congratulate the , Ann Arbor, 200m fly, the Communicable Disease Center has Meadows Elementary community. I ap- swimming. expanded its purview to include a wide plaud Jeannie Riley for working so Ann Marsh, Royal Oak, women’s foil, range of efforts in research and preven- hard to initiate the million pages Fencing. tion of disease, disability, and injury. project, the teachers of Meadows Ele- Floyd Mayweather, Grand Rapids, In service to humankind, our Nation mentary for embracing it with enthu- featherweight, boxing. and the world, CDC employees have siasm, the parents for reading to their Al Mitchell, Marquette, head coach, distinguished the agency and them- children and supporting this initiative, boxing. selves through their efforts in the lab- and the students for their tremendous , Ann Arbor, 400m IM, oratory, the office and the field at the effort and persistence in reaching their swimming. Atlanta headquarters, several sites na- goal.∑ Connie Paraskevin-Young, Detroit, tionwide and locations spotting the women’s track, cycling. f globe. Suzanne Paxton, East Lansing, wom- In 1996, the activities of the CDC re- SALUTING THE MICHIGAN PAR- en’s foil, fencing. flect the wide range of issues and ac- TICIPANTS IN THE 1996 SUMMER Jeffrey Pfaendtner, Detroit, men’s tivities necessary to promote the pub- OLYMPIC GAMES lightweight four, rowing. lic health. The CDC is still a center of ∑ Mr. ABRAHAM. Mr. President, every , Ann Arbor, 200m, 400m activity to combat infectious disease, 4 years, for 2 weeks the collective at- free, 800m FR, swimming. but today, it is much more. The CDC’s tention of the world falls upon those , Ann Arbor, 200m Epidemic Intelligence Service, estab- exceptional men and women who pos- Fly, 800m FR, swimming. lished in 1951, continues to train doc- sess the drive, ability, and character to Kent Steffes, Ann Arbor, beach tors to solve the most complex medical compete as Olympians. From July 19 to volleyball. mysteries and as the original focus of August 4, 1996, the centennial anniver- Todd Sweeris, Grand Rapids, men’s the CDC has expanded, new divisions sary of the Modern Olympic Games will doubles, table tennis. devoted to occupational safety and be held in Atlanta, GA. On this occa- , Livonia, 800m FR, health, chronic disease prevention and sion, America’s greatest athletes will swimming. health promotion, injury prevention, face their counterparts from 197 coun- Kirk Trost, Ann Arbor, assistant health statistics, and environmental tries. coach, wrestling. health have been established. The com- All of our Nation’s citizens have a , Ann Arbor, assistant ponents of the CDC also reflect the di- vested personal interest, and deserv- coach, swimming. versity of society; currently there are

VerDate Aug 31 2005 06:40 Jun 20, 2008 Jkt 041999 PO 00000 Frm 00107 Fmt 4637 Sfmt 0634 J:\ODA16\1996_F~1\S28JN6.REC S28JN6 mmaher on MIKETEMP with SOCIAL SECURITY NUMBERS S7328 CONGRESSIONAL RECORD — SENATE June 28, 1996 offices dedicated to women’s and mi- emerge and new priorities evolve, the Sec. 102. Funding for enhanced enforcement nority health. CDC will remain vigilant, proactive, priority. As we know, threats to the public and poised to take action to protect Sec. 103. Improved supervision through State health recognize no national bound- the people of our Nation and the and Federal cooperation. aries. So today, the CDC also plays an ∑ Sec. 104. Interstate cooperation. world. Sec. 105. Disqualification of convicted felons. important role in worldwide efforts to f Sec. 106. Continued State authority. promote health, overcome global Sec. 107. Effective date. CONDOLENCES TO THE KING FAM- health threats, eradicate disease, and TITLE II—FACILITATING INVESTMENT IN prevent illness, disability, and pre- ILY OF BATTLE CREEK, MI, ON MUTUAL FUNDS THE DEATH OF S. SGT. RONALD mature death. There is a small number Sec. 201. Short title. of CDC staff members working around LEWIS KING, USAF Sec. 202. Funds of funds. the world. During its first half century, ∑ Mr. ABRAHAM. Mr. President, I rise Sec. 203. Flexible registration of securities. the CDC has responded to health emer- today to express my deep condolences Sec. 204. Facilitating use of current information gencies in such diverse locales as Love to the King family of Battle Creek, MI, in advertising. Canal, Philadelphia, New Mexico, who lost S. Sgt. Ronald Lewis King due Sec. 205. Variable insurance contracts. Sec. 206. Prohibition on deceptive investment Washington State, Southeast Asia, to the terrorist act which took place at India, and Zaire. company names. the Khobar Towers housing facility in Sec. 207. Excepted investment companies. CDC activities have paralleled the Dhahran, Saudi Arabia. My prayers and Sec. 208. Performance fees exemptions. revolutionary advances in medical thoughts are with his mother, Mrs. Be- Sec. 209. Reports to the Commission and share- sciences made during the second half of atrice Robinson of Battle Creek, MI, holders. the 20th century. Throughout the first and his wife, Mrs. Melvia Y. King of Sec. 210. Books, records, and inspections. 50 years of the CDC, we can point to Bellevue, NE. TITLE III—REDUCING THE COST OF events which represent significant Staff Sergeant King was a con- SAVING AND INVESTMENT milestones in the mission to promote a tracting journeyman with the 55th Sec. 301. Exemption for economic, business, and healthy nation. The litany of achieve- Contracting Squadron from Offutt Air industrial development companies. ments is too long to list here, but in- Force Base, NE. He was proudly serv- Sec. 302. Intrastate closed-end investment com- cludes a primary role in the eradi- ing our country in Saudi Arabia, and pany exemption. Sec. 303. Definition of eligible portfolio com- cation of smallpox; the identification know I speak for many in the State of of the linkage between smoking and pany. Michigan who feel this tragedy very Sec. 304. Definition of business development cancer; the publication of public health deeply. company. statistics; the immunization of chil- We must do everything we rightfully Sec. 305. Acquisition of assets by business devel- dren; the tracking of health trends; and can to prevent future tragedies of this opment companies. the surveillance and investigation of sort and to see to it that the perpetra- Sec. 306. Capital structure amendments. threats to health including polio, tu- tors of this terrible act are brought to Sec. 307. Filing of written statements. berculosis, HIV/AIDS, Legionnaires’ justice. I reiterate my support for the Sec. 308. Facilitating national securities mar- disease, Ebola, and exposure to haz- kets. cooperative efforts between the United Sec. 309. Regulatory flexibility. ardous substances. States and Saudi Arabia to ensure that Promoting health is more than mere- Sec. 310. Analysis of economic effects of regula- those terrorists who committed this tion. ly controlling the spread of microorga- crime will be apprehended and pros- Sec. 311. Privatization of EDGAR. nisms. Promoting health involves re- ecuted to the fullest extent of the law.∑ Sec. 312. Improving coordination of supervision. search and education. As early as 1947, Sec. 313. Increased access to foreign business f the CDC established programs to com- information. municate information to the public SECURITIES INVESTMENT Sec. 314. Short-form registration. concerning specific health problems or PROMOTIONS ACT Sec. 315. Church employee pension plans. Sec. 316. Promoting global preeminence of illnesses. Through the years, there The text of the bill (H.R. 3005) to have been many topics covered includ- American securities markets. amend the Federal securities laws in Sec. 317. Broker-dealer exemption from State ing rabies, measles, gonorrhea, diabe- order to promote efficiency and capital law for certain de minimis trans- tes, nutrition for women of child-bear- formation in the financial markets, actions. ing age, breast cancer, and HIV/AIDS. and to amend the Investment Company Sec. 318. Studies and reports. Promoting health also demands that Act of 1940 to promote more efficient SEC. 2. SEVERABILITY. we focus on changing behavior which is management of mutual funds, protect If any provision of this Act, an amendment clearly unsafe or potentially dan- investors, and provide more effective made by this Act, or the application of such pro- gerous. To that end, the CDC has and less burdensome regulation, as vision or amendment to any person or cir- cumstance is held to be unconstitutional, the re- launched efforts concerning tobacco passed by the Senate on June 27, 1996, use and violence in our society. mainder of this Act, the amendments made by is as follows: this Act, and the application of the provisions of During its 50 year history, the CDC Resolved, That the bill from the House of has been in the forefront of efforts to such to any person or circumstance shall not be Representatives (H.R. 3005) entitled ‘‘An Act affected thereby. combat more recent threats to health to amend the Federal securities laws in order TITLE I—INVESTMENT ADVISERS such as HIV/AIDS, as well as afflictions to promote efficiency and capital formation SUPERVISION COORDINATION ACT which have menaced us in the longer in the financial markets, and to amend the term, like cardiovascular disease. The Investment Company Act of 1940 to promote SEC. 101. SHORT TITLE. CDC is also looking ahead by targeting more efficient management of mutual funds, This title may be cited as the ‘‘Investment Ad- visers Supervision Coordination Act’’. more prevention efforts to youth; en- protect investors, and provide more effective and less burdensome regulation.’’, do pass SEC. 102. FUNDING FOR ENHANCED ENFORCE- hancing the capabilities of commu- with the following amendment: MENT PRIORITY. nities to detect, monitor, and overcome Strike out all after the enacting clause There are authorized to be appropriated to the health problems; and developing part- and insert: Securities and Exchange Commission, for the nerships which will enhance efforts to enforcement of the Investment Advisers Act of SECTION 1. SHORT TITLE; TABLE OF CONTENTS. change unhealthy behavior. The CDC 1940, not more than $16,000,000 in each of fiscal (a) SHORT TITLE.—This Act may be cited as years 1997 and 1998. enters its sixth decade focused on pri- the ‘‘Securities Investment Promotion Act of orities designed to detect, meet, and 1996’’. SEC. 103. IMPROVED SUPERVISION THROUGH STATE AND FEDERAL COOPERATION. overcome threats to the health of the (b) TABLE OF CONTENTS.—The table of con- people of our Nation and the world. tents for this Act is as follows: (a) STATE AND FEDERAL RESPONSIBILITIES.— Today, the CDC provides leadership The Investment Advisers Act of 1940 (15 U.S.C. 80b–1 et seq.) is amended by inserting after sec- and direction in the prevention and Sec. 1. Short title; table of contents. tion 203 the following new section: control of diseases and other health Sec. 2. Severability. ‘‘SEC. 203A. STATE AND FEDERAL RESPONSIBIL- conditions. I commend the CDC for its TITLE I—INVESTMENT ADVISERS ITIES. past efforts and I am confident that as SUPERVISION COORDINATION ACT ‘‘(a) ADVISERS SUBJECT TO STATE AUTHORI- new menaces to the public health Sec. 101. Short title. TIES.—

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