May 5, 1970 CONGRESSIONAL RECORD- HOUSE 14189 HOUSE OF REPRESENTATIVES-Tuesday, May ·5, 1970 The House met at 12 o'clock noon. ment of the Senate numbered 12, and agree by the Senate amendment insert the follow­ Rabbi Isaac Neuman, Temple Judah, to the same with an amendment, as follows: ing: Cedar Rapids, Iowa, offered the follow­ In lieu of the matter proposed to be in­ "SEC. 401. EXEMPTION OF CERTAIN INDUS­ ing prayer: serted by the Senate amendment insert TRIAL DEVELOPMENT BONDS FROM the following: REGISTRATION, ETC., REQUIRE­ God of our fathers, our God, humbly "'(4) in a facility conducted for the pur­ MENTS a survivor of Auschwitz stands in Thy pose of carrying out a program of- "(a) Section 3(a) of the Securities Act of presence amid the chosen servants of a " '(A) rehabilitation for individuals whose 1933 (15 U.S.C. 77c) (relating to exempted great people, a generous people, who earning capacity is impaired by age or physi­ securities) is amended by adding at the end opened their gates to homeless victims cal or mental deficiency or injury, or of paragraph (2) the following: 'or any se­ of totalitarianism. "'(B) providing remunerative work for curity which is an industrial development individuals who because of their impaired bond (as defined in section 103(c) (2) of the All of us here assembled thank Thee physical or mental capacity cannot be readily Internal Revenue Code of 1954) the interest for this blessed land dressed in the gar­ absorbed in the competitive labor market, on which is excludable from gross income ments of spring. by an individual receiving such rehabilita­ under section 103(a) (1) of such Code if, We raise our voices in gratitude to tion or remunerative work;" by reason of the application of paragraph Thee that on this day 25 years ago, the And the Senate agree to the same. ( 4) or ( 6) of section 103 ( c) of such Code prisoners were freed from Nazi concen­ Amendment numbered 18: That the House {determined as if paragraphs (4) (A), (5), tration camps. recede from its disagreement to the amend­ and (7) were not included in such section Grateful are we that this Nation has ment of the Senate numbered 18, and agree 103(c)), paragraph (1) of such section 103(c) to the same with an amendment, as fol­ does not apply to such security;'. fought valiantly against the forces of lows: In lieu of the matter proposed to be "(b) Section 3(a) of the Securities Ex­ tyranny and brought the torch of liberty inserted by the Senate amendment insert change Act of 1934 (15 U.S.C. 78c) (relating to millions of slaves under the Nazi yoke. the following: to exempted securities) is amended by in­ 0 Sovereign of the World, may this "SEC. 108. COVERAGE OF EMPLOYEES OF HOS­ serting after 'any municipal corporate in­ our land remain the fortress of liberty PITALS AND INSTITUTIONS OF strumentality of one or more States;' in para­ forever. HIGHER EDUCATION OPERATED BY graph (12) the following: 'or any security Strengthen in Thy law the endeavors POLITICAL SUBDIVISIONS OF STATES which is an industrial development bond (as of these lawmakers and the hands of "(a) Section 3304(a) of the Internal Reve­ defined in section 103(c) (2) of the Internal all those who labor for peace, for jus­ nue Code of 1954 (as amended by sections Revenue Code of 1954) the interest on which tice, and for freedom, at home and 104, 121 (a), and 206 of this Act) is further is excludable from gross income under sec­ amended by adding after paragraph ( 11) tion 103(a) (1) of such Code if, by reason of abroad. the application of paragraph (4) or (6) of Praised art Thou O Lord our God who (as added by section 206 of this Act) the following new paragraph: section 103 ( c) of such Code (determined as freest the captives. Amen. "'(12) each political subdivision of the ~f paragraphs (4) (A) , (5), and (7) were not State shall have the right to elect to have mcluded in such section 103 ( c) ) , paragraph compensation payable to employees thereof (1) of such section 103(c) does not apply to THE JOURNAL such security;'. (whose services are not otherwise subject to such law) based on service performed by " ( c) The amendments made by this sec­ The Journal of the proceedings of yes­ tion shall apply with respect to securities terday was read and approved. such employees in the hospitals and insti­ sold after January 1, 1970." tutions of higher education (as defined in section 3309(d)) operated by such political And the Senate agree to the same. CONFERENCE REPORT ON H.R. 14705, subdivision; and, if any such political sub­ W. D. MILLS, division does elect to have compensation pay­ HALE BOGGS, FEDERAL - STATE UNEMPLOY - JOHN C. WATTS, MENT COMPENSATION PROGRAM able to such employees thereof (A) the po­ litical subdivision shall pay into the State JOHN W. BYRNES, Mr. MILLS submitted the following unemployment fund, with respect to the JACKSON E. BETTS, conference report and statement on the service of such employees, payments (in lieu Managers on the Part of the House. bill <H.R. 14705) to extend and improve of contributions), and (B) such employees RUSSELL LoNG, the Federal-State unemployment com­ wlll be entitled to receive, on the basis of ALBERT GORE, such service, compensation payable on the HERMAN E. TALMADGE, pensation program: same basis, in the same amount, on the same WALLACE F. BENNETT, CONFERENCE REPORT (H. REPT. No. 91-1037) terms, and subject to the same conditions Managers on the Part of the Senate. The committee of conference on the dis­ as compensation which ls payable on the STATEMENT agreeing votes of the two Houses on the basis of similar service for the State which amendments of the Senate to the bill (H.R. ls subject to such law;". The managers on the part of the House 14705) to extend and improve the Federal­ "(b) The amendment made by subsection at the conference on the disagreeing votes State unemployment compensation program, (a) shall apply with respect to certification of the two Houses on the amendments of having met, after full and free conference, of State laws for 1972 and subsequent years; the Senate to the bill (H.R. 14705) to extend have agreed to recommend and do recom­ except that section 3304(a) (12) of the In­ and improve the Federal-State unemploy­ mend to their respective Houses as follows: ternal Revenue Code of 1954 (as added by ment compensation program, submit the fol­ That the Senate recede from its amend­ subsection (a)) shall not be a requirement lowing statement in explanation of the effect ments numbered 2, 4, 5, 6, 7, 8, 9, and for the State law of any State prior to July of the action agreed upon by the conferees 42. 1, 1972, if the legislature of such State and recommended in the accompanying con­ That the House recede from its disagree­ does not meet in a regular session which ference report: ment to the amendments of the Senate num­ closes during the calendar year 1971, or Amendments Nos. 1, 2, 4, 5, 6, 7, 8, 10, 13, bered 1, 10, 11, 13, 14, 15, 16, 17, 19, 20, prior to January 1, 1975, if compliance with 14, 15, 19, 26, 27, 28, 30, 32, 33, 34, 35, 36, 37, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, such requirement would necessitate a change 38, 39, 40, and 41: These amendments make 34, 35, 36, 37, 38, 39, 40, and 41, and agree in the constitution of such State." technical, clerical, clarifying, or conforming to the same. And the Senate agree to the same. changes. With roopect to each of these Amendment numbered 3: That the House Amendment numbered 21: That the House amendments, either the House recedes or the recede from its disagreement to the amend­ recede from its disagreement to the amend­ Senate recedes in conformity with other ac­ ment of the Senate numbered 3, and agree ment of the Senate numbered 21, and agree tion of the committee of conference. to the same with the following amend­ to the same with an amendment, as follows: Amendment No. 3: Under existing law the ments: Strike out the matter proposed to be stricken Federal Unemployment Tax Act applies to Restore the inatter proposed to be stricken out by the Senate amendment and insert the employers who employ 4 or more individuals out. following: "with first aittention to agricul­ on each of some 20 days during the taxable Page 2, line 5, of the House engrossed bill tural labor;" and the Senate agree to the year or the preceding taxable year, each day strike out "$800" and insert "$1,500". same. being in a different calendar week. Under Page 2, line 17, of the House engrossed bill Amendment numbered 43: That the House the bill as passed the House, the 4 or more strike out "$800" and insert "$1,500". recede from its disagreement to the amend­ employee requirement is reduced to at least And the Senate agree to the same. ment of the Senate numbered 43, and agree one employee on each of some 20 days dur­ Amendment numbered 12: That the House to the same with an amendment, as follows: ing the taxable year or the preceding taxable recede from its disagreement to the amend- In lieu of the matter proposed to be inserted year, each day being in a different calenda.r 14190 CONGRESSIONAL RECORD- HOUSE May 5, 1970 week, and the Act would also apply if the tion operated by them under an agreement the application of the amendment any indus­ employer paid wages of $800 or more during to make payments in lieu of taxes.