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- H.R.25
H.R.25: FairTax Act of 2017
About This Bill
- Introduced Jan. 3, 2017
- Latest Major Action Jan. 3, 2017
- See the twelve similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
47 (All Republicans)
Bill Version
- Introduced in House - Jan. 3, 2017
Bill Summary
FairTax Act of 2017 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 2019, 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. 3, 2017 |
Referred to the House Committee on Ways and Means.
|
| Jan. 3, 2017 |
Introduced in the House by Rob Woodall (R-Ga.) |