H.R.2483 - To terminate the taxes imposed by the Internal Revenue Code of 1986 other than Social Security and railroad retirement-related taxes.105th Congress (1997-1998)
|Sponsor:||Rep. Paxon, Bill [R-NY-27] (Introduced 09/16/1997)|
|Committees:||House - Ways and Means|
|Latest Action:||09/26/1997 Sponsor introductory remarks on measure. (All Actions)|
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Text: H.R.2483 — 105th Congress (1997-1998)All Information (Except Text)
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Introduced in House (09/16/1997)
[Congressional Bills 105th Congress] [From the U.S. Government Printing Office] [H.R. 2483 Introduced in House (IH)] 105th CONGRESS 1st Session H. R. 2483 To terminate the taxes imposed by the Internal Revenue Code of 1986 other than Social Security and railroad retirement-related taxes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 16, 1997 Mr. Paxon introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To terminate the taxes imposed by the Internal Revenue Code of 1986 other than Social Security and railroad retirement-related taxes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. TERMINATION OF INTERNAL REVENUE CODE OF 1986. (a) In General.--Except as provided in subsection (b), no tax shall be imposed by the Internal Revenue Code of 1986-- (1) for any taxable year beginning after December 31, 2000, 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, 2000. (b) Exceptions.--Subsection (a) shall not apply to taxes imposed by-- (1) chapter 2 (relating to tax on self-employment income), (2) chapter 21 (relating to Federal Insurance Contributions Act), and (3) chapter 22 (relating to Railroad Retirement Tax Act). <all>