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Tax Code Termination Act: A Fact Sheet (CRS Report for Congress)

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Release Date Aug. 12, 1998
Report Number 98-548
Report Type Report
Authors James M. Bickley, Economics Division
Source Agency Congressional Research Service
Summary:

The Tax Code Termination Act was introduced by Senator Hutchinson (S. 1673) and Representative Largent (H.R. 3097). This act would sunset (repeal) the Internal Revenue Code of 1986 on December 31, 2001, and would require that any new federal tax system that is adopted be approved not later than July 4, 2001.