S 366 · 105th Congress · Taxation
A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the consideration of retroactive tax increases.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, as modified by the order of April 11, 1986, that if one Committee reports, the other Committee have thirty days to report or be discharged.(1997-02-26)
Plain Language Summary
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Amends the Congressional Budget and Impoundment Control Act of 1974 to prohibit the House of Representatives or the Senate from considering any bill, joint resolution, amendment, motion, or conference report that increases a tax and applies such increase to taxable years beginning before the date of the enactment of the law (retroactive tax increases). Provides that a point of order raised under any such measure may be waived only by a three-fifths vote in the Senate.…
Summarized by Claude AI · Non-partisan · For informational purposes only