,i #aahth ,,congress #ast ,session ,h4 ,r4 #eae ,,in ,,the ,,house ,,of ,,representatives ,january #be1 #bjbc,mr4 ,kustoff 7for himself1 ,mr4 ,la,hood1 and ,mr4 ,schweikert7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to repeal the excise tax on repurchase of corporate stock4 #a4 ,short title ,this ,act may be cited as the ,protecting ,american ,savers and ,retirees ,act4 #b4 ,repeal of excise tax on repurchase of corporate stock 7a7 ,in general ,chapter #cg of the ,internal ,revenue ,code of #aihf is repealed4 7b7 ,clerical amendment ,the table of chapters for subtitle ,d is amended by striking the item relating to chapter #cg4 7c7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjbb4