Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.25
H.R.25: Fair Tax Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced Jan. 4, 2005
- Latest Major Action Nov. 1, 2005
- See the twelve similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
59 (1 Democrat, 59 Republicans)
Bill Summary
Fair Tax Act of 2005 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2005. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23 percent in 2007, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
|
Sponsor introductory remarks on measure.
|
|
| Jan. 4, 2005 |
Introduced in the House by John Linder (R-Ga.) |