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S. 1673 105th Congress Senate

Tax Code Termination Act

Official title: A bill to terminate the Internal Revenue Code of 1986.

Introduced: March 12, 1998 See on congress.gov
Taxation CongressEconomic growthEconomics and Public FinanceEstate tax
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Excise taxFamiliesFinance and Financial SectorGift taxIncome taxInheritance taxJob creationLabor and EmploymentLegislationMarriageMarried peoplePersonal income taxSaving and investmentTax administrationTax cutsTax ratesTax simplificationTaxpayers
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 1998
Referred to the Committee on Finance.
Feb 25, 1998
Sponsor introductory remarks on measure. (CR S1003-1004)
Feb 25, 1998
Introduced in Senate
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 Latest action February 25, 1998

Referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Tax Code Termination Act - Prohibits the imposition of any tax by the Internal Revenue Code: (1) for any taxable year beginning after December 31, 2001; and (2) in the case of any tax not imposed on the basis of a taxable year, on any taxable event or for any period after December 31, 2001. Excepts the: (1) tax on self-employment income (chapter 2 of the Code); (2) Federal Insurance Contributions Act (chapter 21 of the Code); and (3) Railroad Retirement Tax Act (chapter 22 of the Code).

Declares that any new Federal tax system should be a simple and fair system.

 Related & companion bills 1
  • HR 3097 Identical bill Tax Code Termination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Collins, Susan M.
Maine · Mar 12, 1998
 R
McConnell, Mitch
Kentucky · Mar 4, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1673: Tax Code Termination Act. 105th Congress. Open America. https://openamerica.io/bill/105-S-1673/
MLA
"S. 1673: Tax Code Termination Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-S-1673/.
Bluebook (legal)
S. 1673, 105th Cong. (2026), https://openamerica.io/bill/105-S-1673/.
Markdown link
[S. 1673: Tax Code Termination Act](https://openamerica.io/bill/105-S-1673/)
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