H.R.3250 - To repeal the retroactive application of the income, estate, and gift tax rates made by the budget reconciliation act and reduce administrative expenses for agencies by $3,000,000,000 for each of the fiscal years 1994, 1995, and 1996.103rd Congress (1993-1994)
|Sponsor:||Rep. Smith, Lamar [R-TX-21] (Introduced 10/07/1993)|
|Committees:||House - Government Operations; Ways and Means|
|Latest Action:||House - 10/12/1993 Referred to the Subcommittee on Legislation and National Security. (All Actions)|
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Summary: H.R.3250 — 103rd Congress (1993-1994)All Information (Except Text)
Introduced in House (10/07/1993)
Amends the Internal Revenue Code to repeal the retroactive application of income, estate, and gift tax rate increases.
Requires a reduction in administrative expenses of Federal departments and agencies for FY 1994 through 1996.