Federal Tax Legislative Process Flashcards

1
Q

The process of a bill in the U.S. Congress is

A

The House Ways and Means Committee starts the federal bill.
The House of Representatives approves the bill (with changes).
The Senate Finance Committee approves the bill (with more changes).
The full Senate then votes on the bill.
Since there were changes to the bill, it then goes to a Joint Conference Committee.

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2
Q

The House Ways and Means committee

A

is the oldest committee of the Congress of the United States established as a committee on July 24, 1789

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3
Q

what is the Senate Finance Committee officially in charge of

A

Tax, Trade, Health issues

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