Question

List the steps in the legislative process to enact a tax law. 1. the bill is discussed in the house ways and means committee and moves to the house of reps for a vote

2. The bill is reviewed in the senate finance committee for discussion and revisions
3. the revised bill from the finance committee passes a vote in the senate
4. the two versions of the bill are reconciled in the joint conference committee
5. the bill passes both the house of reps and the senate
6. the bill is signed into law or vetoed by the president

Answer 1

The legislative process for enacting a tax law includes discussions in specialized committees, votes in both the House and Senate, and potential presidential action. It begins in the House, goes through Senate review, may require joint committee reconciliation, and final approval from the President. Modern legislative measures can also influence this process.

Step-by-step explanation:

The legislative process to enact a tax law involves several steps, which ensure thorough discussion and revision before a bill can become law. Initially, a tax bill must start in the House of Representatives, since it involves raising revenue. The following is a simplified list of steps:

1. The bill is discussed in the House Ways and Means Committee, and moves to the full House for a vote.
2. Upon House approval, the bill is reviewed by the Senate Finance Committee for discussion and potential revisions.
3. The revised bill from the Finance Committee is then voted on in the full Senate.
4. If there are differences between the House and Senate versions, these are reconciled in a Joint Conference Committee.
5. The reconciled bill must then pass both the House of Representatives and the Senate again.
6. Once both chambers agree, the bill is sent to the President, who can either sign it into law or veto it. If the President vetoes, Congress can override the veto with a two-thirds majority vote in both houses.

Additionally, if a bill is presented to the President and is not signed within 10 days (excluding Sundays) and Congress is in session, it automatically becomes law without the President's signature. If Congress adjourns during the 10-day period, the President can effectively veto the bill by taking no action, a maneuver known as a pocket veto.

It's worth noting that modern legislative processes can differ from this classic route, with larger omnibus bills and budget reconciliation often playing significant roles in today's lawmaking.