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106TH CONGRESS

1ST SESSION H. R. 1041

To terminate the Internal Revenue Code of 1986.

IN THE HOUSE OF REPRESENTATIVES

MARCH 9, 1999

Mr. LARGENT (for himself, Mr. HALL of Texas, Mr. ADERHOLT, Mr. ARMEY,

Mr. BACHUS, Mr. BARTLETT of Maryland, Mr. BARTON of Texas, Mr.

BILIRAKIS, Mr. BILBRAY, Mr. BLILEY, Mr. BRADY of Texas, Mr. BRYANT, Mr. BURR of North Carolina, Mr. BURTON of Indiana, Mr. CALVERT, Mr. CAMPBELL, Mr. CANNON, Mr. CHAMBLISS, Mrs. CHENOWETH,

Mr. CUNNINGHAM, Mr. COOK, Mr. COOKSEY, Mr. COX, Mrs. CUBIN, Mr.

DEAL of Georgia, Mr. DELAY, Mr. DICKEY, Mr. DOOLITTLE, Mr. DUNCAN, Ms. DUNN, Mrs. EMERSON, Mr. ENGLISH, Mr. EHRLICH, Mr.

FOLEY, Mr. FORBES, Mr. FOSSELLA, Mrs. FOWLER, Mr. GOODE, Mr.

GOODLATTE, Mr. GOODLING, Mr. GOSS, Mr. GRAHAM, Ms. GRANGER,

Mr. HASTINGS of Washington, Mr. HEFLEY, Mr. HILL of Montana, Mr.

HILLEARY, Mr. HOEKSTRA, Mr. HOSTETTLER, Mr. HUNTER, Mr.

HUTCHINSON, Mr. ISTOOK, Mr. JONES of North Carolina, Mr. KASICH,

Mr. LATHAM, Mr. LATOURETTE, Mr. LEWIS of Kentucky, Mr. LINDER,

Mr. MANZULLO, Mr. MCCRERY, Mr. MCCOLLUM, Mr. MCINTYRE, Mr.

MICA, Mr. GARY MILLER of California, Mrs. MYRICK, Mr. NETHERCUTT,

Mr. NEY, Mr. NORWOOD, Mr. PACKARD, Mr. PETERSON of Pennsylvania,

Mr. PICKERING, Mr. PITTS, Mr. POMBO, Ms. PRYCE of Ohio, Mr.

RADANOVICH, Mr. RILEY, Mr. ROYCE, Mr. SALMON, Mr. SANFORD, Mr.

SCARBOROUGH, Mr. SCHAFFER, Mr. SESSIONS, Mr. SHADEGG, Mr.

SMITH of New Jersey, Mr. SMITH of Michigan, Mr. SOUDER, Mr.

SPENCE, Mr. STUMP, Mr. SUNUNU, Mr. TANCREDO, Mr. TAUZIN, Mr.

THUNE, Mr. TIAHRT, Mr. TOOMEY, Mr. TRAFICANT, Mr. WAMP, Mr.

WELDON of Florida, Mr. WICKER, and Mr. YOUNG of Alaska) introduced

the following bill; which was referred to the Committee on Ways and

Means

A BILL

To terminate the Internal Revenue Code of 1986.
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1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Date Certain Tax Code

5 Replacement Act’’.

6 SEC. 2. PURPOSE.

7 The purpose of this Act is to set a date certain for

8 replacing the Internal Revenue Code of 1986 with a simple

9 and fair alternative.

10 SEC. 3. TERMINATION OF INTERNAL REVENUE CODE OF

11 1986.

12 (a) IN GENERAL.—No tax shall be imposed by the

13 Internal Revenue Code of 1986—

14 (1) for any taxable year beginning after Decem15 ber 31, 2002; and

16 (2) in the case of any tax not imposed on the

17 basis of a taxable year, on any taxable event or for

18 any period after December 31, 2002.

19 (b) EXCEPTION.—Subsection (a) shall not apply to

20 taxes imposed by—

21 (1) chapter 2 of such Code (relating to tax on

22 self-employment income);

23 (2) chapter 21 of such Code (relating to Fed24 eral Insurance Contributions Act); and
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1 (3) chapter 22 of such Code (relating to Rail2 road Retirement Tax Act).

3 SEC. 4. NEW FEDERAL TAX SYSTEM.

4 (a) STRUCTURE.—The Congress hereby declares that

5 any new Federal tax system should be a simple and fair

6 system that—

7 (1) applies a low rate to all Americans;

8 (2) provides tax relief for working Americans;

9 (3) protects the rights of taxpayers and reduces

10 tax collection abuses;

11 (4) eliminates the bias against savings and in12 vestment;

13 (5) promotes economic growth and job creation;

14 and

15 (6) does not penalize marriage or families.

16 (b) TIMING OF IMPLEMENTATION.—In order to en17 sure an easy transition and effective implementation, the

18 Congress hereby declares that any new Federal tax system

19 should be approved by Congress in its final form no later

20 than July 4, 2002.

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