A joint resolution to create a select joint committee to conduct an investigation and study into methods of significantly simplifying Federal income tax returns forms.

Creates in the House of Representatives a select joint committee composed of 5 Members of the House and 5 Senators to conduct an investigation and study into methods of significantly simplifying Federal income tax return forms. Directs such committee to report to each House of the Congress specific proposals to expedite the filing of income tax forms by individual taxpayers.

Requires the Comptroller General and the Secretary of the Treasury to each submit to the committee their recommendations with respect to simplification of Federal income tax return forms.

Requires the committee to report to the Congress the results of its study, together with such proposals as it deems advisable, not later than the latest date that such proposal may be implemented for taxable years ending in 1973.