Joint resolution proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the U.S. Government from engaging in business in competition with its citizens.

Summary

Constitutional Amendment - Provides that the Government of the United States shall not engage in any business, professional, commercial, financial, or industrial enterprise except as specified in the Constitution and that any activities of the U.S. Government which violate the intent and purposes of this amendment shall, within a period of three years, be liquidated and the properties and facilities affected shall be sold. Stipulates that three years after the ratification of this amendment the sixteenth amendment shall stand repealed and thereafter Congress shall not levy taxes on personal incomes, estates, and/or gifts.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 14 January 1975

   Introduced

   Referred to House Committee on the Judiciary.

   Source: IntroReferral

2. 14 January 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 January 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 14 January 1975

  Open at official source

Sponsors

• Rep. Rousselot, John H. [R-CA-26] · R · Sponsor
• Rep. McDonald, Lawrence P. [D-GA-7] · D · Cosponsor
• Rep. Symms, Steven D. [R-ID-1] · R · Cosponsor
• · hsju00 · Standing

Related records

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