Federal Tax Legislative Process

Question 1

is the oldest committee in the U.S. Congress?

Answer 1

The House Ways and Means

Question 2

If a bill is passed by the U.S. Senate Finance Committee, where does it go from there?

Answer 2

The full Senate

Question 3

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

Answer 3

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

Question 4

In the U.S. Congress, what members form the Joint Conference Committee?

Answer 4

Both House and Senate members

Question 5

In the U.S. Senate, what is the Senate Finance Committee officially in charge of?

Answer 5

Tax, trade, and health issues

Question 6

Senate committee considers new tax legislation?

Answer 6

The Senate Committee on Finance

Question 7

Where does federal tax legislation originate?

Answer 7

House of Representatives

Question 8

What U.S. Congressional committee produces a compromise bill from the bills passed by the Senate?

Answer 8

Joint Conference Committee