The text of the bill below is as of Feb 20, 1964 (Passed Congress).
78 STAT. ] PUBLIC LAW 88-271-FEB. 20, 1964 17 Public Law 88-271 AN A C T February 20. 1964 T<> «^slul>lisb ii I iiMj'd Sl4i(.es "Puerto Rioo (\iiiinii«sum ou the Status [H. R. 5945] <»f IMierto Rioo. Be it enaeted hy the Senote and House of Representathes of th-e United States of America in Congress assembled^ That, with due p^^"to^RJ^o^'com. recognition to the principle of government by consent of the governed, mission. the Congress of the United States hereby establishes the United States- Establishment. Puerto Rico Coniiuission on the Status of Puerto Rico. SEC. 2. (a) The Commission shall, subject t-o enlargement as pro- composition. vided in subsection (c) of this section, be composed of seven members. (b) The President of the T^nited States shall apjKiint the Chairman ^'^- members. of the Commission and f wo other members, all of whom shall be citi- zens of the United States and none of whom shall be residents of Puerto Rico. The President of the Senate, with the approval of tlie majority and minoi'ity leaders of the Senate, shall appoint two mem- l>ers from the membersliip of the Senate. The Speaker of the House of Representatives, with the ap})roval of the majority and minority leaders of the House, shall appoint two meml)ers from the member- ship of the House. (c) The C'ongress hereby invites Qxte Commonwealth of Puerto Rico ^"efto Rican to provide for participation of the Commonwealth and its people in the work of the (Vymmission b^" enactment of a law providing for tlie appointment of an additional six meml)ers of the Commission, for the equal sharing of the expenses of \h^. Commission, and for making available, without reimbursement, to \h^ Conmdssion the information and assistance of the dej)artments and agencies of Puerto Rico uidess prohibited under any law effective 011 the date of enactmejit of this Act, u].Hm request of the Conunission. ] f t he legislative assembly shalI do so and if the additional six members ai-e appointed the C/ommission shall consist of thirt.een members. (d) A majority of the Commission shall constitute a quorum for the Qu°fum. transaction of its business, but the Connnission may provide for the taking of testimony and the reception of evidence at, meetings at which there are present not less than three membei's of \h& C^)mmission. Tlie Chairman of the Connnission shall call a meeting for oi'ganizing the Conmiission as soon as possible after he and a majority of the mem- bers of the Commission have been appointed. SEC. 3. (a) Any member of the Commission who is not an officer Payment. or employee of the Government of the ITnited States or the gov^ern- ment of Puerto Rico shall be paicl $75 per diem for his services while actually engaged on Commission business, and all members shall be entitled to reimbursement for actual travel and reasonable subsistence expenses incurred in connection with their service on the Commission. (b) The Commission is authorized to appoint and fix the compen- ^^Executive secre- sation of an Executive Secretary and such other additional personnel ' ^ ^°^" "^^"^ * as may be necessary to enable the Commission to carry out its func- tions without regard to the civil service laws, rules, and regulations, but any Federal employee subject to those la\\'s, rules, and regidations, who may be detailed to the Commission (which detail is hereby authorized) shall retain his civil service status without interruption or loss of status or privilege. (c) The Commission is authorized and directed to call upon the cifs^'^rnfirm^ti^n head of any Federal department or agency to furnish information and assistance." and assistance which the Commission deems necessary for the per- formance of its functions, and the heads of such departments and agencies are authorized and directed to furnish such assistance, and
18 PUBLIC LAW 88-271-FEB. 20, 1964 [78 STAT. information, unless proliibited under any law effe<'ti\e on tlie date of enactment of tliis Act, witlioiit reimbursement. Study. SEC. 4. The Conmiission shall study all factors, including but not limited to existing applicable laws, treaties, constitutions, and agree- ments which may have a bearing on the present and future relation- Report to Pres- ship between the United States and Puerto Rico. The Commission ident, Congress, etc. shall render its report to the President of the United States, the Con- gress of the United States, the Governor of Puerto Rico, and the Leg- islative Assembly of Puerto Rico not earlier than the later of the two following dates: (i) one year from the date of the meeting called for organizing the Commission as provided in section 2(d) of this Act; (ii) one year from the date on which the additional six members for which provision is made in section 2(c) of this Act are appointed, if such appointment occurs within six months after the effective date of this Act, and not later, in any event, than the opening day of the second session of the Eighty-ninth United States C'ongress. Appropriation. SEC. 5. There is here])y authorized to be appropriated fi-om the funds of the United States Treasury not heretofore appropriated such sums (but not more than $250,000) as may be necessary for the performance of the work of the Unifed States-Puerto Rico Commission on the Status of Puerto Rico. Approved February 20, 1964.
78 STAT. ] PUBLIC LAW 88-272-FEB. 26, 1964 19 Public Law 88-272 AN A C T February 26, 1964 To amend the Internal Revenue Code of 1954 to reduce individual and corporate [H. R. 8363] income taxes, to malie certain structural changes with respect to the income tax, and for other purposes. Be it enacted hy the Senate and House of Representatives of the Revenue Act of United States of America in Congress assembled, 19 64. SECTION 1. DECLARATION BY CONGRESS. I t is the sense of Congress that the tax reduction provided by this Act through stimulation of the economy, will, after a brief transitional period, raise (rather than lower) revenues and that such revenue increases should first be used to eliminate the deficits in t h e administrative budgets and then to reduce the jjiiblic debt. To further the objective of obtaining balanced budgets in the near future. Congress by this action, recognizes the importance of taking all reasonable means to restrain Government spending and urges the President to declare his accord with this objective. SEC. 2. SHORT TITLE, ETC. (a) SHORT TITLE.—This Act may be cited as the "Kevenue Act of 1964". (b) AMENDMENT or 1954 CODE.—Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed m terms of an amendment to, or repeal of, a section or other pro- vision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1954. 68 A Stat. 3. Title I—Reduction Of Income Tax Rates And Related Amendments PART I—INDIVIDUALS SEC. i n . REDUCTION OF TAX ON INDIVIDUALS. (a) INDIVIDUALS OTHER T H A N HEADS or HOUSEHOLDS.—Subsection (a) of section 1 (relating to rates of t a x on individuals other than 26 u s e 1. heads of households) is amended to read as follows: " (a) RATES or TAX ON INDIVIDUALS.— " ( 1 ) TAXABLE YEARS BEGINNING I N I 9 6 4 , — I n the case of a taxable year beginning on or after J a n u a r y 1, 1964, and before January 1, 1965, there is hereby imposed on t h e taxable income of every individual (other than a head of a household to whom subsection (b) applies) a tax determined in accordance with the following table: "If the taxable income is: The tax i s : Not over $500 16% of the taxable income. Over $500 but not over $1,000 $80, plus 16.5% of excess over $500. Over $1,000 but not over $1,500 $162.50, plus 17.5% of excess over $1 000. Over $1,500 but not over $2,000 $25oi plus 18% of excess over $1,.500. Over $2,000 but not over $4,000 $340, plus 20% of excess over $2,000. Over $4,000 but not over $6,000 $740, plus 23.5% of excess over $4 000. Over $6,000 but not over $8,000 $1,210, plus 27% of excess over $6,000. Over $8,000 but not over $10,000 $1,750, plus 30.5% of excess over CO OOQ Over $10,000 but not over $12,000 $2,360, plus 34% of excess over $10,000. Over $12,000 but not over $14,000 $3,040, plus 37.5%, of excess over $12,000.