H.R.2329: National Dividend Act of 1997

About This Bill

Bill Summary

National Dividend Act of 1997 - Establishes a program for the distribution of certain corporate tax revenues, through the chief financial officer of each State, to the registered voters of each State in the form of dividend payments. Establishes in the Treasury the National Dividend Payment Trust Fund. Authorizes payment into the Fund of specified amounts from: (1) the corporate income tax; (2) the tax on the unrelated business income of...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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 Rules
Sponsor introductory remarks on measure.
July 31, 1997

Introduced in the House by Philip M. Crane (R-Ill.)

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