Fair Tax Act of 2007

3.0.0 25 2018-11-08T23:31:48Z 2018-11-08T23:31:48Z House H HR 2007-01-04 110 hswm00 Ways and Means Committee House Standing Referred to 2007-01-04T17:15:30Z Fair Tax Act of 2007 110 1025 S 2007-03-29 Read twice and referred to the Committee on Finance. Related bill CRS 2007-01-04 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-01-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-01-04 Introduced in House IntroReferral 1000 9 Library of Congress L000321 Rep. Linder, John [R-GA-7] JOHN LINDER R GA 7 N B001254 Rep. Boren, Dan [D-OK-2] Dan Boren D OK 2 2007-01-04 True M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2007-01-04 True M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2007-01-04 True W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2007-01-04 True C001048 Rep. Culberson, John Abney [R-TX-7] JOHN CULBERSON R TX ABNEY 7 2007-01-04 True M001144 Rep. Miller, Jeff [R-FL-1] Jeff Miller R FL 1 2007-01-04 True P000587 Rep. Pence, Mike [R-IN-6] MIKE PENCE R IN 6 2007-01-04 True C001062 Rep. Conaway, K. Michael [R-TX-11] K. Conaway R TX Michael 11 2007-01-04 True C001045 Rep. Crenshaw, Ander [R-FL-4] ANDER CRENSHAW R FL 4 2007-01-04 True N000159 Rep. Norwood, Charles W. [R-GA-10] CHARLES NORWOOD R GA W. 10 2007-01-04 True F000447 Rep. Feeney, Tom [R-FL-24] Tom Feeney R FL 24 2007-01-04 True D000168 Rep. Deal, Nathan [R-GA-9] NATHAN DEAL R GA 9 2007-01-04 True P000591 Rep. Price, Tom [R-GA-6] Tom Price R GA 6 2007-01-04 True P000592 Rep. Poe, Ted [R-TX-2] Ted Poe R TX 2 2007-01-04 True D000597 Rep. Davis, Jo Ann [R-VA-1] JO ANN DAVIS R VA 1 2007-01-04 True T000458 Rep. Tancredo, Thomas G. [R-CO-6] THOMAS TANCREDO R CO G. 6 2007-01-04 True B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2007-01-04 True G000280 Rep. Goode, Virgil H., Jr. [R-VA-5] VIRGIL GOODE R VA H. 5 2007-01-04 True G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2007-01-04 True P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2007-01-04 True B000755 Rep. Brady, Kevin [R-TX-8] KEVIN BRADY R TX 8 2007-01-04 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2007-01-04 True B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2007-01-04 True S000822 Rep. Stearns, Cliff [R-FL-6] CLIFF STEARNS R FL 6 2007-01-04 True G000550 Rep. Gingrey, Phil [R-GA-11] Phil Gingrey R GA 11 2007-01-05 False D000605 Rep. Drake, Thelma D. [R-VA-2] Thelma Drake R VA D. 2 2007-01-05 False Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. 0 2007-01-05 False M000689 Rep. Mica, John L. [R-FL-7] JOHN MICA R FL L. 7 2007-01-09 False H000323 Rep. Hastert, J. Dennis [R-IL-14] J. HASTERT R IL DENNIS 14 2007-01-10 False W000798 Rep. Walberg, Timothy [R-MI-7] Timothy Walberg R MI 7 2007-01-11 False K000362 Rep. King, Steve [R-IA-5] Steve King R IA 5 2007-01-11 False B001235 Rep. Brown, Henry E., Jr. [R-SC-1] HENRY BROWN R SC E. 1 2007-01-11 False B001244 Rep. Bonner, Jo [R-AL-1] Jo Bonner R AL 1 2007-01-11 False M000934 Rep. Moran, Jerry [R-KS-1] Jerry Moran R KS 1 2007-01-18 False C000962 Rep. Cubin, Barbara [R-WY-At Large] BARBARA CUBIN R WY 0 2007-01-19 False H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2007-01-22 False D000606 Rep. Davis, David [R-TN-1] David Davis R TN 1 2007-01-23 False W000413 Rep. Whitfield, Ed [R-KY-1] EDWARD WHITFIELD R KY 1 2007-01-30 False S001155 Rep. Sullivan, John [R-OK-1] John Sullivan R OK 1 2007-01-30 False A000358 Rep. Akin, W. Todd [R-MO-2] W. AKIN R MO TODD 2 2007-01-31 False F000444 Rep. Flake, Jeff [R-AZ-6] JEFF FLAKE R AZ 6 2007-01-31 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2007-01-31 False W000267 Rep. Weldon, Dave [R-FL-15] DAVE WELDON R FL 15 2007-02-05 False K000361 Rep. Keller, Ric [R-FL-8] RIC KELLER R FL 8 2007-02-05 False C001051 Rep. Carter, John R. [R-TX-31] John Carter R TX R. 31 2007-02-05 False F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2007-02-05 False H000067 Rep. Hall, Ralph M. [R-TX-4] RALPH HALL R TX M. 4 2007-02-06 False L000274 Rep. Lewis, Jerry [R-CA-41] JERRY LEWIS R CA 41 2007-02-06 False D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2007-02-08 False M001139 Rep. Miller, Gary G. [R-CA-42] GARY MILLER R CA 42 2007-02-08 False B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 2007-02-08 False H000981 Rep. Hunter, Duncan [R-CA-52] DUNCAN HUNTER R CA 52 2007-02-08 False B000072 Rep. Baker, Richard H. [R-LA-6] RICHARD BAKER R LA H. 6 2007-02-08 False T000260 Rep. Tiahrt, Todd [R-KS-4] TODD TIAHRT R KS 4 2007-02-12 False T000238 Rep. Thornberry, Mac [R-TX-13] WILLIAM THORNBERRY R TX M. 13 2007-02-15 False H000676 Rep. Hoekstra, Peter [R-MI-2] PETER HOEKSTRA R MI 2 2007-02-28 False B001257 Rep. Bilirakis, Gus M. [R-FL-9] Gus Bilirakis R FL M. 9 2007-03-09 False B000461 Rep. Bilbray, Brian P. [R-CA-50] BRIAN BILBRAY R CA P. 50 2007-04-17 False I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 2007-05-07 False B001236 Rep. Boozman, John [R-AR-3] John Boozman R AR 3 2007-05-09 False G000180 Rep. Gilchrest, Wayne T. [R-MD-1] WAYNE GILCHREST R MD T. 1 2007-06-11 False W000119 Rep. Wamp, Zach [R-TN-3] ZACH WAMP R TN 3 2007-06-18 False B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2007-07-17 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2007-09-10 False F000453 Rep. Fallin, Mary [R-OK-5] Mary Fallin R OK 5 2007-09-17 False B001247 Rep. Brown-Waite, Ginny [R-FL-5] Ginny Brown-Waite R FL 5 2007-09-24 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2007-10-09 False A000361 Rep. Alexander, Rodney [R-LA-5] Rodney Alexander R LA 5 2007-10-23 False B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2008-02-06 False W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2008-02-14 False B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2008-04-15 False K000363 Rep. Kline, John [R-MN-2] John Kline R MN 2 2008-04-23 False Taxation Administrative fees Administrative procedure Administrative remedies Affiliated corporations Aliens Commerce Cost of living adjustments Department of the Treasury Economics and Public Finance Estate tax Executive reorganization Exports Families Finance and Financial Sector Financial services Foreign Trade and International Finance Foreign corporations Gambling Gift tax Government Operations and Politics Government paperwork Government trust funds Health Hobbies Immigration Income tax Insurance Interest Intergovernmental tax relations Internal Revenue Service (IRS) Internal revenue law Interstate compacts Inventories Labor and Employment Law Loan defaults Medicare Old age, survivors and disability insurance Payroll deductions Poverty Rebates Sales tax Science, Technology, Communications Small business Social Welfare Social security finance Social security taxes Sports and Recreation Tax administration Tax auditing Tax courts Tax credits Tax liens Tax penalties Tax refunds Tax returns Tax simplification Taxation of foreign income Taxpayer compliance Taxpayers Telephone Wages Withholding tax Taxation

00 2007-01-04 Introduced in House 2007-09-21T19:53:45Z Fair Tax Act of 2007 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2007.

Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23 percent in 2009, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes and for state government functions.

Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2) credits and refunds. Allows families a sales tax rebate.

Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax; (2) accounting methods; (3) registration of sellers of goods and services responsible for reporting sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer rights.

Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal supplementary medical insurance trust fund.

Prohibits the funding of the Internal Revenue Service (IRS) after FY2011. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the national sales tax.]]>

Fair Tax Act of 2007 Short Titles as Introduced Fair Tax Act of 2007 Display Title Fair Tax Act of 2007 Official Title as Introduced To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States. Introduced in House 2007-01-04T05:00:00Z 2007-01-04 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.