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Major Tax Issues in the 106th Congress: A Summary

Description: Taxes have been a major focus of congressional attention during the first half of 2000. In part, Congress has returned to many of the issues it addressed last year. In August, 1999, Congress passed a set of tax cuts with the Taxpayer Refund and Relief Act (H.R. 2488; TRRA). However, President Clinton vetoed the bill, arguing that the cuts were too large (an estimated $792 billion over 10 years), would drain funds from Social Security surpluses, and would force reductions in domestic spending. E… more
Date: October 19, 2000
Creator: Library of Congress. Congressional Research Service. Government and Fiance Division.
Partner: UNT Libraries Government Documents Department
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Major Tax Issues in the 106th Congress: A Summary

Description: No Description Available.
Date: September 21, 2000
Creator: Library of Congress. Congressional Research Service. Government and Fiance Division.
Partner: UNT Libraries Government Documents Department
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Renewal Communities and New Markets Initiatives: Legislation in the 106th Congress

Description: On May 23, 2000, President Clinton and Speaker Dennis Hastert announced a bipartisan agreement on a renewal communities and new markets legislative initiative which would provide tax credits and investment guarantees designed to draw equity capital into impoverished areas. Following two months of negotiations over the specific language of the initiative, H.R. 4923 was introduced on July 24, and passed by the House under suspension of the rules the following day
Date: October 12, 2000
Creator: Mulock, Bruce K.
Partner: UNT Libraries Government Documents Department
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Individual Retirement Accounts (IRAs): Legislative Issues in the 106th Congress

Description: Bills introduced in the 106th Congress would have raised the limit on contributions to individualretirement accounts(IRAs) and eased other federal IRA rules. The House passed H.R. 5203, incorporating the higher IRA contribution limits of H.R.1102, on September 19, 2000. The IRA provisions of the bill would have cost $21.7 billion in foregone revenue over 10 years. The Senate Finance Committee ordered H.R. 1102 reported (with amendments) on September 7, 2000, but the bill did not reach the Senat… more
Date: January 10, 2001
Creator: Storey, James R.
Partner: UNT Libraries Government Documents Department
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