[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 133 Introduced in House (IH)]







104th CONGRESS
  1st Session
H. RES. 133

  Amending the Rules of the House of Representatives to require that 
reports from the Committee on Ways and Means accompanying revenue bills 
      with targeted tax benefits clearly identify those benefits.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 6, 1995

 Mrs. Schroeder submitted the following resolution; which was referred 
                       to the Committee on Rules

_______________________________________________________________________

                               RESOLUTION


 
  Amending the Rules of the House of Representatives to require that 
reports from the Committee on Ways and Means accompanying revenue bills 
      with targeted tax benefits clearly identify those benefits.

    Resolved, That clause 2(l) of rule XI of the Rules of the House of 
Representatives is amended by adding at the end the following:
    ``(8)(A) Each report of the Committee on Ways and Means on each 
revenue bill that includes any targeted tax benefit shall, in a 
separate section, clearly identify each such benefit, the number of 
beneficiaries, and their names (if known).
    ``(B) The term `targeted tax benefit' means any provision of a 
revenue bill that provides a Federal tax deduction, credit, exclusion, 
preference, or other concession to 25 or fewer beneficiaries. Any 
partnership, limited partnership, trust, or S corporation, and any 
subsidiary or affiliate of the same parent corporation, shall be deemed 
and counted as a single beneficiary regardless of the number of 
partners, limited partners, beneficiaries, shareholders, or affiliated 
corporate entities.''.
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