orders: Tax reform: Advisory Panel on Federal Tax Reform. --President
Bush announced the names of members of his bipartisan federal tax reform
panel. The nine-member advisory panel has been given the task of making
recommendations to reform the tax code to the Secretary of the Treasury
by July 31. The President's Advisory Panel on Federal Tax Reform will be
led by former U.S. Senators Connie Mack
, a Florida Republican, who will serve as chairman, and John Breaux, a
Louisiana Democrat, who was named vice-chairman. Other panel members
include: former House member William Eldridge Frenzel, who served on the
Ways and Means and Budget Committees; Charles O. Rossotti, former
commissioner of the
who is now a senior advisor at the Carlyle Group; and Timothy J. Muris,
former chairman of the Federal Trade Commission..
Executive Order President's Advisory Panel on Federal Tax Reform
By the authority vested in me as President by the Constitution and the
laws of the
United States of America
, and to assist in reforming the Federal Internal Revenue Code to
benefit all Americans, it is hereby ordered as follows:
Section 1. Establishment. There is established the President's Advisory
Panel on Federal Tax Reform (Advisory Panel).
Sec. 2. Membership. (a) The Advisory Panel shall be composed of up to
nine members appointed by the President.
(b) The President shall designate one member of the Advisory Panel to
serve as Chair and one member to serve as Vice Chair.
Sec. 3. Purpose. The purpose of the Advisory Panel shall be to submit to
the Secretary of the Treasury in accordance with this order a report
with revenue neutral policy options for reforming the Federal Internal
Revenue Code. These options should:
(a) simplify Federal tax laws to reduce the costs and administrative
burdens of compliance with such laws;
(b) share the burdens and benefits of the Federal tax structure in an
appropriately progressive manner while recognizing the importance of
homeownership and charity in American society; and
(c) promote long-run economic growth and job creation, and better
encourage work effort, saving, and investment, so as to strengthen the
competitiveness of the United States in the global marketplace.
At least one option submitted by the Advisory Panel should use the
Federal income tax as the base for its recommended reforms.
Sec. 4. Administration. (a) The Department of the Treasury shall
provide, to the extent permitted by law, administrative support and
funding for the Advisory Panel. The Advisory Panel is established within
the Department of the Treasury for administrative purposes only.
(b) The Chair of the Advisory Panel shall convene and preside at the
meetings of the Advisory Panel, determine its agenda after consultation
with the Vice Chair, and direct its work. The Advisory Panel shall have
a staff headed by an Executive Director who shall be selected by the
President and report to the Chair.
(c) Members of the Advisory Panel shall serve without compensation for
their work on the Advisory Panel. Members of the Advisory Panel who are
not officers or employees in the executive branch, while engaged in the
work of the Advisory Panel, may be allowed travel expenses, including
per diem in lieu of subsistence, as authorized by law for persons
serving intermittently in Government service (5 U.S.C. 5701 through
5707), consistent with the availability of funds.
(d) Consistent with applicable law, heads of executive departments and
agencies shall provide to the Advisory Panel such assistance, including
assignment or detail of personnel, and information as may be necessary
for the Advisory Panel to perform its functions.
(e) The Advisory Panel may conduct meetings in appropriate locations
throughout the United States to obtain information and advice from
Americans of diverse backgrounds and experience and from a diverse range
of American entities, including large and small for-profit and
non-profit organizations, State, local, and tribal governments, and from
other individuals and entities as appropriate. Public hearings shall be
held at the call of the Chair.
(f) Insofar as the Federal Advisory Committee Act, as amended (5 U.S.C.
App.) (the "Act"), may apply to the Advisory Panel, any
functions of the President under that Act, except for those in section 6
of that Act, shall be performed by the Secretary of the Treasury in
accordance with the guidelines that have been issued by the
Administrator of General Services.
Sec. 5. Report. The Advisory Panel shall submit to the Secretary of the
Treasury a report containing policy options in accordance with section 3
of this order as soon as practicable, but not later than July 31, 2005.
Sec. 6. Provisions. (a) Nothing in this order shall be construed to
impair or otherwise affect the functions of the Director of the Office
of Management and Budget relating to budget, administrative, or
(b) This order is not intended to, and does not, create any right or
benefit, substantive or procedural, enforceable at law or in equity,
against the United States, its departments, agencies, entities,
officers, employees or agents, or any other person.
Sec. 7. Termination. The Advisory Panel shall terminate 30 days after
submitting its report pursuant to section 5 of this order.
GEORGE W. BUSH
THE WHITE HOUSE,
January 7, 2005.