S 489 · 106th Congress · Taxation

National Tax Rebate Act of 1999

Introduced 1999-02-25· Sponsored by Sen. Grams, Rod [R-MN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1999-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] National Tax Rebate Act of 1999 - Provides for a prorated individual tax rebate in any fiscal year in which the Federal revenue growth rate exceeds the personal income growth rate. Amends the Congressional Budget Act of 1974 to provide for a point of order in the Senate and the House of Representatives against waiver of such tax rebate except in the case of a declaration of war. Permits waiver by an affirmative vote of two-thirds of the Members.…

Summarized by Claude AI · Non-partisan · For informational purposes only