110 HR 5294 IH: To amend the Internal Revenue Code of 1986 to repeal the U.S. House of Representatives 2008-02-07 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.

I 110th CONGRESS 2d Session H. R. 5294 IN THE HOUSE OF REPRESENTATIVES February 7, 2008 Mr. Herger (for himself and Mr. Weller of Illinois) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the additional 0.2 percent FUTA surtax.

1.

Repeal of the additional 0.2 percent FUTA surtax and rebate of payroll taxes paid in calendar year 2008

(a)

In general

Section 3301 of the Internal Revenue Code of 1986 (relating to rate of tax) is amended by striking equal to and all that follows through of the total wages and inserting equal to 6.0 percent of the total wages. (b)

Effective date

The amendment made by subsection (a) shall apply to remuneration paid after December 31, 2007.