3.0.0 4085 2023-01-11T13:38:24Z 2023-01-11T13:38:24Z House HR 2017-10-19 115 [Congressional Record Volume 163, Number 169 (Thursday, October 19, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RUPPERSBERGER:H.R. 4085.Congress has the power to enact this legislation pursuantto the following:The bill is enacted pursuant to the power granted toCongress under Article I, Section 5, Clause 2 of the UnitedStates Constitution.[Page H8042]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-10-19T16:01:40Z 2017-10-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-10-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-10-19 Introduced in House IntroReferral 1000 9 Library of Congress R000576 Rep. Ruppersberger, C. A. Dutch [D-MD-2] C. A. Ruppersberger D MD Dutch 2 N Taxation Congressional oversight Economic performance and conditions Government information and archives Income tax rates Wages and earnings Taxation 00 2017-10-19 Introduced in House 2018-10-24T21:50:00Z Tax Policy Transparency Act

This bill requires the Joint Committee on Taxation (JCT) to make publicly available an analysis of the effects of major tax legislation, including: (1) a distributional analysis, (2) a dynamic distributional after-tax wage income analysis, and (3) a written summary of the results of the analyses.

During the 10-year period after major tax legislation is enacted into law, the JCT must submit to Congress annual updates for the estimates included in the analyses.

"Major tax legislation" includes legislation for which the estimate provided by the JCT and the Congressional Budget Office under the Congressional Budget Act of 1974 incorporates the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables (commonly known as dynamic scoring).

]]> Tax Policy Transparency Act Display Title Tax Policy Transparency Act Short Titles as Introduced Tax Policy Transparency Act Official Title as Introduced To require the Joint Committee on Taxation to provide a distributional analysis, and analysis of effects on after-tax wage income, of major tax legislation. Introduced in House 2017-10-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4085ih/xml/BILLS-115hr4085ih.xml 2017-10-19 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.