Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
This amendment would change the corporate tax rate established in the Internal Revenue Code of 1986. It removes the current rate of 21 percent and replaces it with a rate of 28 percent. This new tax rate would apply to taxable years, which are the periods of time for which a taxpayer must report income, beginning after December 31, 2025.
- 6/29/2025
- Senate amendment submitted
This bill has no cosponsors