{"database": "openregs", "table": "legislation", "rows": [["104-hr-4050", 104, "hr", 4050, "Revenue Restructuring Act of 1996", "Taxation", "1996-09-11", "1996-09-11", "Referred to the House Committee on Ways and Means.", "House", "Rep. Gibbons, Sam [D-FL-11]", "FL", "D", "G000153", 0, "TABLE OF CONTENTS:      Title I:  Repeal of Individual and Corporate Income Taxes and           Social Security and Medicare Taxes      Title II:  Value Added Tax      Title III:  Burden Adjustments Revenue Restructuring Act of 1996 - Title I:  Repeal of Individual and Corporate Income Taxes and Social Security and Medicare Taxes - Amends the Internal Revenue Code to repeal the individual, corporate, social security and tier I railroad retirement, and Medicare taxes. Title II:  Value Added Tax - Amends the Code to establish a 20 percent value added tax on business activity.  Sets forth provisions regarding:  (1) tax computation; (2) administration and operating rules; (3) small business tax exemption; and (4) definitions. Title III:  Burden Adjustments - Amends the Code to provide for value added tax burden adjustments consisting of specified rebates for low-income individuals and tax increases for high-income individuals.", "2025-08-21T20:14:59Z", "https://www.congress.gov/bill/104th-congress/house-bill/4050"]], "columns": ["bill_id", "congress", "bill_type", "bill_number", "title", "policy_area", "introduced_date", "latest_action_date", "latest_action_text", "origin_chamber", "sponsor_name", "sponsor_state", "sponsor_party", "sponsor_bioguide_id", "cosponsor_count", "summary_text", "update_date", "url"], "primary_keys": ["bill_id"], "primary_key_values": ["104-hr-4050"], "units": {}, "query_ms": 0.2248230011900887, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}