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MCCAIN OPENS IOC HEARINGS TODAY; BILL INTRODUCED IN HOUSE

          U.S. Senator John McCain (R-AZ) will preside over a
     U.S. Senate Commerce Committee hearing today "called to
     evaluate the tax-exempt status of the IOC" in the U.S.,
     according to Amy Shipley of the WASHINGTON POST.  The
     hearing will "likely have an impact on the introduction of
     legislation" by U.S. Senator Ted Stevens (R-AK), who is
     working on a bill that could "strip the IOC of its tax-
     exempt status" in the U.S., give the USOC -- not the IOC --
     control of U.S. TV rights fees and limit "the deductibility
     of sponsors' and others' IOC fees and contributions." 
     Meanwhile, U.S. Reps. Henry Waxman (D-CA) and Rick Lazio (R-
     NY) introduced a bill Tuesday night proposing that American
     corporations "be prohibited from providing financial support
     to the IOC unless the IOC adopts the reforms" proposed by
     the Mitchell Commission on March 1.  Shipley: "It is unclear
     how McCain ... will handle the hearing."  Former U.S.
     Senator George Mitchell and members of his ethics panel will
     testify first, followed by USOC President Bill Hybl, U.S.
     IOC members Anita DeFrantz and James Easton and then "Lord
     of the Rings" author Andrew Jennings (WASH. POST, 4/14).  

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