Amendment98th Congress
Amendments en bloc to provide for computation of entitlements under the act by using a "Representative Tax System" The Representative Tax System is defined as "a method of determining the fiscal capacity of a government by estimating the amount of revenue that such government would raise if it applied a national uniform set of tax rates to a specified set of tax bases". The amendment provides that the amount allocated to any locality is not to exceed by more than 10 percent the amount that would have been allocated by the provisions in effect originally.
- Amendment Number
- 319
- Description
- Amendments en bloc to provide for computation of entitlements under the act by using a "Representative Tax System" The Representative Tax System is defined as "a method of determining the fiscal capacity of a government by estimating the amount of revenue that such government would raise if it applied a national uniform set of tax rates to a specified set of tax bases". The amendment provides that the amount allocated to any locality is not to exceed by more than 10 percent the amount that would have been allocated by the provisions in effect originally.
- Congress
- 98
- Type
- HAMDT
- Latest Action Date
- Aug 2, 1983
- Latest Action Text
- Amendment Failed of Passage in Committee of Whole by Recorded Vote: 192 - 220 (Record Vote No: 311).
- Submitted Date
- Aug 2, 1983
- Chamber
- House of Representatives
- Update Date
- Jul 10, 2021