Code · BILL · 115th Congress · H.R. 29 (Introduced in House) — To terminate the Internal Revenue Code of 1986. · Sec. 2

Sec. 2. Termination of Internal Revenue Code of 1986

94 words·~1 min read·/bill/115/hr/29/ih/section-2

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No tax shall be imposed by the Internal Revenue Code of 1986— for any taxable year beginning after December 31, 2021; and in the case of any tax not imposed on the basis of a taxable year, on any taxable event or for any period after December 31, 2021. Subsection

(a)shall not apply to taxes imposed by— chapter 2 of such Code (relating to tax on self-employment income); chapter 21 of such Code (relating to Federal Insurance Contributions Act ); and chapter 22 of such Code (relating to Railroad Retirement Tax Act ).