Bill Summary & Status for the 106th Congress

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H.R.2574
Sponsor: Rep Maloney, James H. (introduced 7/20/1999)
Latest Major Action: 7/20/1999 Referred to House committee
Title: To amend the Internal Revenue Code of 1986 to provide comprehensive tax relief for American families and businesses to encourage family stability, economic growth, and tax simplification.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
7/20/1999:
Referred to the House Committee on Ways and Means.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(14), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Dooley, Calvin M. - 7/20/1999 Rep Etheridge, Bob - 7/20/1999
Rep Gonzalez, Charles A. - 7/20/1999 Rep Hooley, Darlene - 7/20/1999
Rep McCarthy, Carolyn - 8/3/1999 Rep Moore, Dennis - 7/20/1999
Rep Napolitano, Grace F. - 8/3/1999 Rep Roemer, Tim - 7/20/1999
Rep Sherman, Brad - 7/20/1999 Rep Smith, Adam - 7/20/1999
Rep Stabenow, Debbie - 7/20/1999 Rep Stupak, Bart - 7/20/1999
Rep Udall, Mark - 8/3/1999 Rep Weygand, Robert A. - 7/20/1999

SUMMARY AS OF:
7/20/1999--Introduced.

TABLE OF CONTENTS:

Pro-Family, Pro-Growth, Pro-Reform Tax Reduction Act of 1999 - Amends the Internal Revenue Code to establish, extend, or modify income tax deductions, exclusions, and credits in a number of areas, including: (1) education; (2) employment; (3) energy; (4) environment; (5) estate tax; (6) health care; (7) housing; (8) research; and (9) retirement income.

Establishes the National Commission on Tax Simplification and Reform.

Reserves 77 percent of the combined on- and off-budget surpluses for the purposes of ensuring Social Security and Medicare solvency and longevity.