H.R.5027 - National Advisory Commission on Tax Reform and Simplification Act of 2000106th Congress (1999-2000)
|Sponsor:||Rep. DeMint, Jim [R-SC-4] (Introduced 07/27/2000)|
|Committees:||House - Ways and Means|
|Latest Action:||07/27/2000 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5027 — 106th Congress (1999-2000)All Bill Information (Except Text)
National Advisory Commission on Tax Reform and Simplification Act of 2000 - Establishes within the legislative branch a National Advisory Commission on Tax Reform and Simplification which shall review and, when applicable, issue proposals on: (1) the present structure and provisions of the Internal Revenue Code; (2) whether tax systems imposed under the laws of other countries could provide more efficient, simple, and fair methods of funding the revenue requirements of the Government; (3) whether the income tax should be replaced with a tax imposed in a different manner or on a different base; and (4) whether the Internal Revenue Code can be simplified, absent wholesale restructuring or replacement.
Introduced in House (07/27/2000)
Authorizes appropriations for the Commission. Terminates the Commission after the submission of a report.