What is a revenue bill What is different about this bill?
Thereof, what is different about the revenue bill?
Revenue Bill Law and Legal Definition. A revenue bill focuses on methods for raising money, e.g. taxes, user fees, customs duties, and tariffs. Under the U.S. Constitution, federal revenue bills are required to be initiated in the House of Representatives.
Beside above, why do revenue bills start in the House? The Constitution says that "all bills for raising revenue shall originate in the House of Representatives" and that "Congress shall have the power to lay and collect taxes." Presidents can, and frequently do, recommend changes to current tax laws, but only Congress can make the changes.
In this manner, what is a revenue bill quizlet?
Revenue Bills. Tax bills (must originate in the House) to raise money for the government. Revenues. The financial resources of the federal government.
How does a revenue bill become law?
Sign and pass the bill—the bill becomes a law. If the U.S. House of Representatives and the U.S. Senate still believe the bill should become a law, they can hold another vote on the bill. If two-thirds of the Representatives and Senators support the bill, the President's veto is overridden and the bill becomes a law.