A bill to provide for the establishment of a commission to study revision of the Federal tax laws.

Establishes the Commission on Tax Revision to study and investigate the provisions of the Internal Revenue Code and other Federal laws relating to taxation and revenue. Requires that such study and investigation include specific consideration of: (1) general policy problems; (2) specific items of the tax structure; (3) the tax treatment of specific types of organizations; and (4) specified comprehensive areas of the tax structure. Requires the Commission to submit its findings and recommendations within ten days after the second session of the 99th Congress is convened. Terminates the Commission 90 days after submission of its report to the Congress.