H.R.1601: Comprehensive Transform America Transaction Fee Act of 2005

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Bill Sponsor

Bill Summary

Comprehensive Transform America Transaction Fee Act of 2005 - Directs the Secretary of the Treasury to conduct an in-depth study on the implementation of a transaction fee in the United States to replace all existing Federal taxes. Sets forth guidelines for such study, including: (1) an identification of the transactions to which such fee would apply; (2) exclusions from such fee; (3) the rate of such fee; (4) potential uses for revenue from...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 13, 2005

Introduced in the House by Chaka Fattah (D-Pa.)

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