H.R.3039: National Retail Sales Tax Act of 1996

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about congress
  • Introduced March 6, 1996
  • Latest Major Action March 6, 1996

Bill Summary

National Retail Sales Tax Act of 1996 - Repeals the income, estate, gift, and certain excise tax provisions of the Internal Revenue Code. (Sec. 4) Amends the Internal Revenue Code by imposing a 15 percent tax on the use, consumption or enjoyment in the U.S. of any property or service produced or rendered within or out of the U.S. Prohibits imposing tax on any property or service: (1) purchased for resale; (2) purchased to produce property or...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
March 6, 1996

Introduced in the House by Dan Schaefer (R-Colo.)

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