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- H.R.25
H.R.25: FairTax Act of 2015
About This Bill
- Introduced Jan. 6, 2015
- Latest Major Action Jan. 6, 2015
- See the twelve similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
76 (All Republicans)
When this bill was on the Most Viewed List on Congress.gov
| Week Ending | Rank |
|---|---|
| Aug. 16, 2015 | 3rd |
| April 19, 2015 | 9th |
Bill Summary
FairTax Act of 2015 This bill is a tax reform proposal that imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income and corporate income tax, employment and self-employment taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2017, with adjustments to the rate in subsequent years. There are exemptions from the tax for used and intangible...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 6, 2015 |
Referred to the House Committee on Ways and Means.
|
| Jan. 6, 2015 |
Introduced in the House by Rob Woodall (R-Ga.) |