To amend the Internal Revenue Code of 1986 to impose a 5 percent tax on so much of adjusted gross income of any individual as exceeds $1,000,000, and to provide incentive for Congress to pass a balanced budget amendment, or spending limit amendment, to the Constitution.
The bill’s titles are written by its sponsor.
Sponsor. Representative for Arkansas's 1st congressional district. Republican.
Last Updated: Mar 27, 2012
Length: 7 pages
Mar 27, 2012
112th Congress, 2011–2013
Died in a previous Congress
This bill was introduced on March 27, 2012, in a previous session of Congress, but was not enacted.
Mar 27, 2012
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 4265 (112th) was 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.
This bill was introduced in the 112th Congress, which met from Jan 5, 2011 to Jan 3, 2013. Legislation not enacted by the end of a Congress is cleared from the books.
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Civic Impulse. (2017). H.R. 4265 — 112th Congress: Shared Responsibility in Preserving America’s Future Act. Retrieved from https://www.govtrack.us/congress/bills/112/hr4265
“H.R. 4265 — 112th Congress: Shared Responsibility in Preserving America’s Future Act.” www.GovTrack.us. 2012. November 19, 2017 <https://www.govtrack.us/congress/bills/112/hr4265>
|title=H.R. 4265 (112th)
|accessdate=November 19, 2017
|author=112th Congress (2012)
|date=March 27, 2012
|quote=Shared Responsibility in Preserving America’s Future Act
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