Religious Freedom Peace Tax Fund Act
Last action on Mar 22, 2001Referred to the House Committee on Ways and Means.
Take Action
Summary
Religious Freedom Peace Tax Fund Act - Directs the Secretary of the Treasury to establish in the Treasury the Religious Freedom Peace Tax Fund for the deposit of income, gift, and estate taxes paid by or on behalf of taxpayers: (1) who are designated conscientious objectors opposed to participation in war in any form based upon the taxpayer's deeply held moral, ethical, or religious beliefs or training (within the meaning of the Military Selective Service Act); and (2) who have certified these beliefs in writing.
Requires that funds in the Religious Freedom Peace Tax Fund be allocated annually to any appropriation not for a military purpose.
Declares the sense of Congress that any increase in revenue to the Treasury resulting from the creation of the Religious Freedom Peace Tax Fund shall be allocated in a manner consistent with the purposes of the Fund.
