HR 1041 106th Congress House Taxation Congress Economic growth Economics and Public Finance Estate tax Excise tax Families Finance and Financial Sector Gift tax Health Income tax Inheritance tax Internal revenue law Job creation Labor and Employment Legislation Marriage Married people Medicare Personal income tax

Date Certain Tax Code Replacement Act

Introduced: March 9, 1999 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 9, 1999

Referred to the House Committee on Ways and Means.

Mar 9, 1999

Introduced in House

Plain-English summary Congressional Research Service

Date Certain Tax Code Replacement Act - Prohibits the imposition of any tax by the Internal Revenue Code: (1) for any taxable year beginning after December 31, 2002; 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, 2002. 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: (1) a simple and fair system; and (2) approved by the Congress in its final form no later than July 4, 2002.

What's happening now March 9, 1999

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1