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08/03/94 10:03 2025461755 NIGA 005 INTRODUCTION This document, 1 prepared by the staff of the Joint Committee on Taxation, provides a description of the Chairman's mark for financing the implementation of the Uruguay Round Agreement of the General Agreement on Tariffs and Trade (GATT), based on recommendations made by the Administration. The Senate Committee on Finance is scheduled to consider these financing options on July 28, 1994. Part I of the document provides a brief discussion of the major components for offsetting the costs of the Uruguay Round Agreement of the General Agreement on Tariffs and Trade. Part II contains detailed descriptions of the items in the revenue component of the mark. 1 This document may be cited as follows: Joint Committee on Taxation, Description of Chairman's Mark Relating to Financing Options for Implementing the Uruguay Round Agreement of the General Agreement on Tariffs and Trade (GATT) (JCX-11-94), July 28, 1994.

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