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Reports the postponement of the markup of accounting reform bill by the U.S. Senate Banking chairman. Ability of the Senate to complete action on the complex legislation; Development of legislation enjoying broad and bipartisan support; Impact of markup on firms.

The article reports on the plan by the House Judiciary Committee to mark up legislation inorder to lengthen and revise sections of the Satellite Home Viewer Act in the U.S.

The article reports on the move by the House of Appropriations Committee Republicans to substitute a pending Interior spending bill for Labor-HHS in a bid to force a vote on offshore oil and gas drilling in the U.S. Appropriations Chairman David Obey said that the kind of partisan strategy could induce him to halt markups on remaining spending measures on those bills. Jerry Lewis proposed a substitute to the bill that would displace the underlying health, education and job training measure.

The article presents the conservation and dairy programs as the main feature of the farm bill in the U.S. The House Agriculture Committee introduced the said program to improve the dairy and milk markups. The farm bill offers supplemental assistance for the improvements of the agriculture industry. The bill upholds the conservation funding in response to damaged caused by the two Congresses and Bush Administration.

House Ways and Means Chairman Thomas last week proposed pairing the corporate tax bill that repeals the foreign sales corporation/extra-territorial income exclusion with highway trust fund provisions that would bring the bill's cost under $4 billion. Thomas said that he will hold a full committee markup next week to consider new additions. The committee may also mark up a proposal that would cut off leasing transactions under which corporations may buy tax benefits from tax-exempt entities, but Thomas said it has not yet been decided whether that provision would be a part of the markup.

Reports on the postponement of the markup on the conservation and commodity titles of the farm bill by Senate Agriculture chairman Tom Harkin in the United States. Need to meet consensus between senators; Features of the commodity title; Substitution of the national dairy compact.

Reports the postponement of a markup on electricity restructuring legislation in the United States. Reason for the postponement of the legislation; Schedule of the markup.