Bill Type
Congress Name
Long Title
AN ACT GRANTING TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND AS A CONDITION PRECEDENT THEREOF REQUIRING THE FILING OF THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
Date filed
September 10, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB03496 |
| FULL TITLE : AN ACT GRANTING TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND AS A CONDITION PRECEDENT THEREOF REQUIRING THE FILING OF THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997 |
| ABSTRACT : The author considers it more practical to affor errant taxpayers the opportunity to reform by requiring them to make a truthful disclosure of their untaxed assets. This proposal is also one way of raising much needed revenues for the government. |
| PRINCIPAL AUTHOR/S : MONFORT, NARCISO D. |
| DATE FILED : 1998-09-10 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB05346 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-09-29 |
Abstract
The author considers it more practical to affor errant taxpayers the opportunity to reform by requiring them to make a truthful disclosure of their untaxed assets. This proposal is also one way of raising much needed revenues for the government.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.