S 2376
97th Congress
Senate
Taxation
Corporations and Stocks
Income tax
Tax rates
Tax reform
A bill to direct the Secretary of the Treasury or his delegate to conduct a study of the advisability of replacing the current Federal income tax system for individuals and corporations.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 1982
Committee on Finance requested executive comment from OMB; Treasury Department.
Apr 15, 1982
Read twice and referred to the Committee on Finance.
Apr 15, 1982
Introduced in Senate
Plain-English summary
Directs the Secretary of the Treasury to study and report to specified congressional committees on the advisability of replacing the Federal individual income tax or such income tax and the Federal corporate income tax with a simplified income tax on gross income.
What's happening now
Committee on Finance requested executive comment from OMB; Treasury Department.
Committees of jurisdiction
1