Page:United States Statutes at Large Volume 98 Part 1.djvu/1105

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-369—JULY 18, 1984

98 STAT. 1057

Such study shall also identify the strengths and potential weaknesses of an alternative tax system and propose possible solutions for any such potential weakness. (c) ALTERNATIVE TAX SYSTEM.—For purposes of this section, the term "alternative tax system" means a system based on— (1) a simplified income tax based on gross income; (2) a consumption tax; (3) a consumption-based tax; or (4) the broadening of the base and lowering of the rates of the current income tax. (d) STUDY OF TAX SHELTERS TO B E INCLUDED.—The study conducted under subsection (a) shall include a study of the entire area of tax shelters and how they impact on the equity of the tax system. (e) REPORTING DATE.—The report of the study required by subsection (a) shall be submitted to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate not later than December 31, 1984.

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SEC. 1082. STUDY OF TAXATION BY FOREIGN COUNTRIES ON SERVICES PERFORMED IN THE UNITED STATES.

(a) STUDY.—The Secretary of the Treasury or his delegate shall conduct a study of the practices of foreign countries of taxing income on services performed within the United States, including, but not limited to— (1) the status of treaty negotiations with such foreign countries with respect to such practices, and (2) any options to alleviate the taxation of such income by more than 1 country without appropriate credit for taxes paid. (b) REPORT.—The Secretary of the Treasury or his delegate shall report to the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives the results of the study conducted under subsection (a) no later than December 31, 1984. DIVISION B—SPENDING REDUCTION ACT OF 1984 SEC. 2001. This division may be cited as the "Spending Reduction Act of 1984". Title Title Title Title Title Title Title Title Title

TABLE OF CONTENTS I. General provisions. II. Civil Service and military retirement programs. III. Medicare, medicaid, and maternal and child health amendments. IV. Small business programs. V. Veterans' programs. VI. OASDI, SSI, AFDC, and other programs. VII. Competition in contracting. VIII. Federal Credit Union Act Amendments. IX. Miscellaneous provisions.

TITLE I—GENERAL PROVISIONS SENSE OF S E N A T E STATEMENT

SEC. 2101. It is the sense of the Senate that ceilings on fiscal year 1985 appropriation bills shall not exceed, in the aggregate, $139.8 billion for non-defense, discretionary accounts, and shall not exceed $299 billion for defense accounts. Further, it is the sense of the Senate that the allocations of these sums, normally done through

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