Tax Code Termination Act
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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.
Referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF
Cite this page
U.S. Congress. (2026). S. 1673: Tax Code Termination Act. 105th Congress. Open America. https://openamerica.io/bill/105-S-1673/
"S. 1673: Tax Code Termination Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-S-1673/.
S. 1673, 105th Cong. (2026), https://openamerica.io/bill/105-S-1673/.
[S. 1673: Tax Code Termination Act](https://openamerica.io/bill/105-S-1673/)