Page:United States Statutes at Large Volume 94 Part 2.djvu/695

 PUBLIC LAW 96-449—OCT. 14, 1980

94 STAT. 1973

Code of 1954) attributable to" for "compensation from the 26 USC 9ii. United States received for", and (B) the amount excluded from gross income under section 201 for any month shall not exceed the monthly equivalent Ante, p. 1970. of the annual rate of basic pay payable for level V of the 5 USC 5332 note. Executive Schedule, (g) APPLICATION OP TITLE TO INDIVIDUAL HELD CAPTIVE IN COLOM- Richard Starr.

BIA.—For purposes of this title, Richard Starr of Edmonds, Washington, who, as a Peace Corps volunteer, was held captive in Colombia, shall be treated as an American hostage who was in captive status beginning on November 4, 1979, and ending on February 10, 1980. (h) SPECIAL RULES.—

(1) COMPENSATION.—For purposes of this title, the term "compensation" shall not include any amount received as an annuity or as retirement pay. (2) WAGE WITHHOLDING.—Any amount excluded from gross income under section 201 shall not be treated as wages for purposes of chapter 24 of the Internal Revenue Code of 1954. 26 USC 3401 et SEC. 206. STUDY OP TAX TREATMENT OF HOSTAGES.

seq. 5 USC 5561 note.

(a) STUDY.—The Chief of Staff of the Joint Committee on Taxation shall study all aspects of the tax treatment of citizens and resident aliens of the United States who are taken hostage or are otherwise placed in a missing status. Submittal to (b) REPORT.—The Chief of Staff of the Joint Committee on Taxation congressional shall, before July 1, 1981, report the results of the study made committees. pursuant to subsection (a) to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate. TITLE in—TREATMENT OF THE HOSTAGES IN IRAN VISITS BY THE INTERNATIONAL RED CROSS 5 USC 5561 note. SEC. 301. (a) The Congress finds that— (1) the continued illegal and unjustified detention of the American hostages by the Government of Lran has resulted in the deterioration of relations between the United States and Iran; and (2) the protracted length and the conditions of their confinement have reportedly endangered the physical and mental wellbeing of the hostages.

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