3.0.0 6535 2022-03-01T05:34:22Z 2022-03-01T05:34:22Z House H HR 2012-09-21 112 [Pages H6278-H6279]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NADLER:H.R. 6535.Congress has the power to enact this legislation pursuantto the following:Clause 1 of section 8 of article I of the Constitution,clause 18 of section 8 of article I of the Constitution, andclause 7 of section 9 of article I of the Constitution.[[Page H6279]]]]> hswm00 Ways and Means Committee House Standing Referred to 2012-09-21T13:06:15Z hsbu00 Budget Committee House Standing Referred to 2012-09-21T13:06:10Z Fairness in Taxation Act of 2011 112 1124 HR 2011-03-16 Referred to the House Committee on Ways and Means. Related bill CRS 2012-09-21 Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2012-09-21 Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2012-09-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-09-21 Introduced in House IntroReferral 1000 9 Library of Congress N000002 Rep. Nadler, Jerrold [D-NY-8] JERROLD NADLER D NY 8 N S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2012-09-21 True Taxation Appropriations Budget process Capital gains tax Conflicts and wars Defense spending Income tax rates Military operations and strategy Taxation 00 2012-09-21 Introduced in House 2012-10-10T21:19:43Z Save America's National Economy Act - Repeals provisions of the Balanced Budget and Emergency Deficit Control Act of 1985, as added by the Budget Control Act of 2011, that require automatic reductions in discretionary spending (sequestration) between FY2013 and FY2021.

Amends the Internal Revenue Code to: (1) increase individual income tax rates for taxpayers whose taxable income exceeds $1 million, and (2) provide for an adjustment in the capital gains tax of taxpayers whose taxable income is subject to the 45% tax bracket.

Establishes caps on funding levels for overseas contingency operations and related activities for FY2013-FY2021.

]]> Save America's National Economy Act Short Titles as Introduced Save America's National Economy Act Display Title Save America's National Economy Act Official Title as Introduced To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to repeal the sequestration added by the Budget Control Act of 2011, and for other purposes. Introduced in House 2012-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr6535ih/xml/BILLS-112hr6535ih.xml 2012-09-21 Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. 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.