A bill to amend the Internal Revenue Code of 1986 to suspend future reductions of the highest income tax rate if there exists a Federal on-budget deficit.

Summary

Amends the Internal Revenue Code to provide that if there exists a Federal on-budget deficit income tax rate reductions in the highest rate shall be suspended until it is determined that such a deficit does not exist.

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

Timeline

1. 9 January 2003

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 9 January 2003

   Introduced

   Sponsor introductory remarks on measure. (CR S157-158)

   Source: IntroReferral

3. 9 January 2003

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 23 September 2004

   Introduced

   Sponsor introductory remarks on measure. (CR S9571)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 9 January 2003 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 January 2003

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 January 2003

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 9 January 2003

  Open at official source

Sponsors

• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Sen. Chafee, Lincoln [R-RI] · R · Sponsor
• · ssfi00 · Standing

Related records

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