H. Res. 256
In the House of Representatives, U.S.,
July 22 (legislative day, July 21), 1999.
Resolved, That upon adoption of this resolution it shall
be in order without intervention of any point of order to con-
sider in the House the bill (H.R. 2488) to amend the Internal
Revenue Code of 1986 to reduce individual income tax rates,
to provide marriage penalty relief, to reduce taxes on savings
and investments, to provide estate and gift tax relief, to pro-
vide incentives for education savings and health care, and for
other purposes. The bill shall be considered as read for
amendment. The amendment recommended by the Committee
on Ways and Means now printed in the bill, modified by the
amendments printed in section 3 of this resolution, shall be
considered as adopted. The previous question shall be consid-
ered as ordered on the bill, as amended, and on any further
amendment thereto to final passage without intervening mo-
tion except: (1) two hours of debate on the bill, as amended,
equally divided and controlled by the chairman and ranking
minority member of the Committee on Ways and Means; (2)
the further amendment in the nature of a substitute printed
•HRES 256 EH
in part B of House Report 106–246, if offered by Represent-
ative Rangel of New York or his designee, which shall be in
order without intervention of any point of order, shall be con-
sidered as read, and shall be separately debatable for one
hour equally divided and controlled by the proponent and an
opponent; and (3) one motion to recommit with or without
instructions.
SEC. 2. During consideration of H.R. 2488, notwith-
standing the operation of the previous question, the Chair-
man of the Committee of the Whole may postpone further
consideration of the bill until the following legislative day,
when consideration shall resume at a time designated by the
Speaker.
SEC. 3. The amendments specified in section 1 of this
resolution are as follows:
Page 10, strike the table after line 18 and insert the
following:
‘‘For taxable years beginning
The applicable
in calendar year—
percentage is—
2001 through 2003 ......................................................
1.0
2004 .............................................................................
2.5
2005 through 2007 ......................................................
5.0
2008 .............................................................................
7.5
2009 and thereafter .....................................................
10.0.
In the case of taxable years beginning in calendar
year 2001, the rounding referred to in the preceding
sentence shall be to the next highest tenth.
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‘‘(9) POST-2001
RATE
REDUCTIONS
CONTIN-
GENT
ON
NO
INCREASE
IN
INTEREST
ON
TOTAL
UNITED STATES DEBT.—
‘‘(A) IN GENERAL.—In the case of taxable
years beginning after December 31, 2001, para-
graph (8) shall apply only to taxable years be-
ginning after the first debt reduction calendar
year.
‘‘(B) DELAY OF FURTHER RATE REDUC-
TIONS
IF
INCREASE
IN
INTEREST
ON
TOTAL
UNITED STATES DEBT.—For each calendar year
after 2000 which is not a debt reduction cal-
endar year, the table in paragraph (8) shall be
applied for each subsequent calendar year by
substituting the calendar year which is 1 year
later. The preceding sentence shall cease to
apply after the earliest calendar year with re-
spect to which the applicable percentage under
paragraph (8) is 10 percent (after the applica-
tion of the preceding sentence).
‘‘(C) 
DEBT
REDUCTION
CALENDAR
YEAR.—For purposes of this paragraph, the
term ‘debt reduction calendar year’ means any
calendar year after 2000 if, for the 12-month
period ending on July 31 of such calendar year,