[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 327 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 327

       To prohibit retroactive Federal income tax rate increases.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 7, 1997

 Mr. Solomon introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
       To prohibit retroactive Federal income tax rate increases.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Anti-Retroactive Taxation Act''.

SEC. 2. RETROACTIVE INCOME TAX RATE INCREASES PROHIBITED.

    (a) General Rule.--No provision of law which imposes a Federal 
income tax rate increase shall apply to any period beginning before the 
date of the enactment of such law.
    (b) Federal Income Tax Rate Increase.--For purposes of subsection 
(a), the term ``Federal income tax rate increase'' means any amendment 
to subsection (a), (b), (c), (d), or (e) of section 1, or to section 
11(b) or 55(b), of the Internal Revenue Code of 1986, that imposes a 
new percentage as a rate of tax and thereby increases the amount of tax 
imposed by any such section.
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