,i #aae? ,,congress #a/ ,session ,h4 ,r4 #djhe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #ai1 #bjag,mr4 ,rupp]sb]g] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to require ! ,jo9t ,committee on ,taxation to provide a di/ributional analysis1 & analysis ( effects on aft]-tax wage income1 ( major tax legislation4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,tax ,policy ,transp>5cy ,act4 #b4 ,di/ributional analysis1 & analysis ( effect on aft]-tax wage income1 ( major tax legislation 7a7 ,9 g5]al ,9 ! case ( any major tax legislation1 ! ,jo9t ,committee on ,taxation %all 7at ! same "t z ! ,jo9t ,committee on ,taxation provides an e/imate ( su* legislation to ! ,director ( ! ,congressional ,budget ,(fice "u section #bja7;f7 ( ! ,congressional ,budget ,act ( #aigd7 make publicly available-- 7#a7 a di/ributional analysis ( su* legislation2 7#b7 a dynamic di/ributional aft]-tax wage income analysis ( su* legislation2 & 7#c7 a writt5 summ>y ( ! results ( ! analyses "u p>agraphs 7#a7 & 7#b71 includ+ a writt5 summ>y comp>+ ! aggregate effects ( su* legislation among ! income categories ref]r$ to 9 subsection 7b74 7b7 ,di/ributional analysis ,! di/ributional analysis ref]r$ to 9 subsection 7a77#a7 %all be prep>$ 9 ! same mann]1 %all cov] ! same "t p]iods relative to ! "t ( ! consid]ation ( ! legislation1 & %all use ! same income categories & income concept1 z ! analysis ( di/ributional effects provid$ 9 ! ,committee ,pr9t ( ! ,jo9t ,committee on ,taxation titl$ ,te*nical explanation1 e/imat$ rev5ue effects1 di/ributional analysis1 & macroeconomic analysis ( ! ,tax ,re=m ,act ( #bjad1 a discussion draft ( ! ,*airman ( ! ,h\se ,committee on ,ways & ,means to re=m ! ,int]nal ,rev5ue ,code 7,,jcs-#a-ad74 7c7 ,dynamic di/ributional aft]-,tax wage income analysis ,! dynamic di/ributional aft]-tax wage income analysis ref]r$ to 9 subsection 7a77#b7 %all provide an analysis ( ! anticipat$ effects ( ! legislation on aft]-tax wage income ( individuals-- 7#a7 sep>ately on ! basis ( ! income categories ref]r$ to 9 subsection 7b72 7#b7 cov]+ ! same "t p]iods z ! analysis describ$ 9 subsection 7b72 & 7#c7 aft] tak+ into acc\nt ! budget>y effects ( *anges 9 economic output1 employm5t1 capital /ock1 & o!r macroeconomic v>iables result+ f su* legislation4 7d7 ,major tax legislation ,= purposes ( ?is section1 ! t]m major tax legislation means any legislation if ! e/imate provid$ by ! ,jo9t ,committee on ,taxation to ! ,director ( ! ,congressional ,budget ,(fice "u section #bja7;f7 ( ! ,congressional ,budget ,act ( #aigd ) respect to su* legislation incorporates ! budget>y effects ( *anges 9 economic output1 employm5t1 capital /ock1 & o!r macroeconomic v>iables result+ f su* legislation4 7e7 ,annual updates ,9 ! case ( any major tax legislation to :i* subsection 7a7 applies & :i* is enact$ into law1 ! ,jo9t ,committee on ,taxation %all annually 7) respect to ea* ( ! #aj fiscal ye>s beg9n+ aft] ! date ( ! enactm5t ( su* legislation7 submit to ,congress revis$ e/imates ( ! in=mation describ$ 9 subsection 7a7 ) respect to su* law z s enact$4