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HR 462 112th Congress House Taxation Economic performance and conditions Employment taxes Financial services and investments Income tax rates Legislative rules and procedure Tax administration and collection, taxpayers Tax reform and tax simplification Tax treatment of families

Tax Code Termination Act

Introduced: February 28, 2011 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Jan 26, 2011
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 26, 2011
Sponsor introductory remarks on measure. (CR E130)
Jan 26, 2011
Introduced in House
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 Plain-English summary Congressional Research Service

Tax Code Termination Act - Terminates the Internal Revenue Code of 1986 after December 31, 2015, except for self-employment taxes, Federal Insurance Contributions Act (FICA) taxes, and railroad retirement taxes. Requires a two-thirds majority vote in Congress to change such termination date.

Declares that any new federal tax system should be a simple and fair system that: (1) applies a low rate to all Americans; (2) provides tax relief for working Americans; (3) protects the rights of taxpayers and reduces tax collection abuses; (4) eliminates the bias against savings and investment; (5) promotes economic growth and job creation; and (6) does not penalize marriage or families.

Requires that the new federal tax system be approved by Congress in its final form by July 4, 2015.

What's happening now January 26, 2011

Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 29
All 29 Republican 12
Hensarling, Jeb
· May 23, 2011
 R
Scott, Tim
South Carolina · May 23, 2011
 R
Wilson, Joe
South Carolina · Apr 8, 2011
Woodall, Rob
· Mar 17, 2011
McCotter, Thaddeus
· Feb 28, 2011
HASTINGS, DOC
· Feb 11, 2011
STEARNS, CLIFF
· Feb 11, 2011
 R
Walberg, Tim
Michigan · Feb 11, 2011
 R
Aderholt, Robert B.
Alabama · Jan 26, 2011
Austria, Steve
· Jan 26, 2011
 R
Carter, John R.
Texas · Jan 26, 2011
Chaffetz, Jason
· Jan 26, 2011
Coffman, Mike
· Jan 26, 2011
DUNCAN, JOHN
· Jan 26, 2011
 R
Graves, Sam
Missouri · Jan 26, 2011
 R
Griffith, H. Morgan
Virginia · Jan 26, 2011
Hunter, Duncan
· Jan 26, 2011
King, Steve
· Jan 26, 2011
 R
McClintock, Tom
California · Jan 26, 2011
MYRICK, SUE
· Jan 26, 2011
PENCE, MIKE
· Jan 26, 2011
Rodgers, Cathy
· Jan 26, 2011
 R
Rogers, Mike D.
Alabama · Jan 26, 2011
Ross, Dennis
· Jan 26, 2011
 R
Scalise, Steve
Louisiana · Jan 26, 2011
SENSENBRENNER, F.
· Jan 26, 2011
 R
Simpson, Michael K.
Idaho · Jan 26, 2011
THORNBERRY, WILLIAM
· Jan 26, 2011
 R
Wittman, Robert J.
Virginia · Jan 26, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 462: Tax Code Termination Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-462/
MLA
"H.R. 462: Tax Code Termination Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-462/.
Bluebook (legal)
H.R. 462, 112th Cong. (2026), https://openamerica.io/bill/112-HR-462/.
Markdown link
[H.R. 462: Tax Code Termination Act](https://openamerica.io/bill/112-HR-462/)
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