Home Page Tax Repeal Act

[AI summary unavailable — showing source text] Home Page Tax Repeal Act - Repeals a provision of the 1998 Supplemental Appropriations and Rescissions Act which ratified that a portion of the fee charged for registration or renewal of an Internet second-level domain name be used for the preservation and enhancement of the Internet intellectual structure under a cooperative agreement with the National Science Foundation. States that such provision is not repealed to the extent of its application to amounts, collected pursuant to the authority of such provision, that have been obligated for expenditure before the date of the enactment of this Act. Treats each person who registered (or renewed the registration of) an Internet second-level domain name with Network Solutions, Inc. after September 13, 1995, and before April 1, 1998, and who paid a fee to Network Solutions, Inc. for such registration (or renewal) which has not been refunded, as having made a payment against the tax imposed by chapter 1 (Normal Taxes and Surtaxes) of the Internal Revenue Code for such person's first taxable year beginning after December 31, 1998, equal to 30 percent of the amount of such fee.…