The House had on the floor a motion to instruct its conferees to not accept the expatriate tax provision. That instruction was accepted. So the House was proceeding as they were instructed. Chairman ARCHER and I agreed to have the Joint Tax Committee study the expatriate provision and report back to us by June 1. The Joint Tax Committee is instructed to study the ramifications and implications and who is affected. and does it adversely affect American citizens visavis aliens or illegal immigrants or legal immigrants. The report is due by June 1. After we review the report. any legislation that we consider will have an effective date of February 6 of this year.
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