H.R. 2488 (106th): Financial Freedom Act of 1999

Introduced:

Jul 13, 1999
106th Congress, 1999–2000

Status:

Vetoed (No Override Attempt) on Sep 23, 1999

This bill was vetoed by the President on September 23, 1999 and Congress did not attempt an override before the end of the Congressional session.

Sponsor:

Bill Archer

Representative for Texas's 7th congressional district

Republican

Text:

Read Text »
Last Updated: Aug 5, 1999
Length: 209 pages

About the bill

Full Title

To amend the Internal Revenue Code of 1986 to reduce individual income tax rates, to provide marriage penalty relief, to reduce taxes on savings and investments, to provide estate and gift tax relief, to provide incentives for education savings and health care, and for other purposes.

The bill’s titles are written by its sponsor.

Read CRS Summary >

History

Jul 13, 1999
 
Introduced

This is the first step in the legislative process.

Jul 14, 1999
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jul 22, 1999
 
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

Jul 30, 1999
 
Passed Senate with Changes

The Senate passed the bill with changes not in the House version and sent it back to the House to approve the changes. The vote was by Unanimous Consent so no record of individual votes was made.

Aug 5, 1999
 
Conference Report Agreed to by House

A conference committee was formed, comprising members of both the House and Senate, to resolve the differences in how each chamber passed the bill. The House approved the committee's report proposing the final form of the bill for consideration in both chambers. The Senate must also approve the conference report.

Aug 5, 1999
 
Conference Report Agreed to by Senate

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill.

Sep 23, 1999
 
Vetoed

The President vetoed the bill. Congress may attempt to override the veto.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

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