H.R.2800: Education Trust Fund Act

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about congress
  • Introduced Dec. 18, 1995
  • Latest Major Action Jan. 19, 1996

Bill Sponsor

Bill Summary

TABLE OF CONTENTS: Title I: Tax and Trust Fund Title II: Educational Enhancement Education Trust Fund Act - Title I: Tax and Trust Fund - Amends the Internal Revenue Code to impose an additional five percent tax on the net payment of wagering proceeds paid during any calendar quarter. Reduces the tax imposed on the net wagering proceeds (but not below zero) by an amount credited for the dedicated State tax imposed on such proceeds. Limits the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on Economic and Educational Opportunities, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Economic and Educational Opportunities
Referred to the Subcommittee on Early Childhood, Youth and Families.
Dec. 18, 1995

Introduced in the House by Cleo Fields (D-La.)

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