A bill to provide for the establishment of a commission to study revision of the Federal tax laws.

[AI summary unavailable — showing source text] Establishes the Commission on Tax Revision to study and investigate the provisions of the Internal Revenue Code and other Federal laws relating to taxation and revenue. Requires that such study and investigation shall include specific consideration of: (1) general policy problems; (2) specific items of the tax structure; (3) the tax treatment of specific types of organizations; and (4) specified comprehensive areas of the tax structure. Sets forth requirements for membership of the Commission and for appointment of members of the Commission. Empowers the Commission to: (1) hold hearings; (2) obtain official data from Federal agencies; and (3) contract studies. Requires the Commission to submit its findings and recommendations within ten days after the second session of the 99th Congress is convened. Terminates the Commission 90 days after submission of its report to the Congress.…