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 tax rates for corporations and expand the definitions used for the Low-Income Housing Tax Credit.
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The amendment would include rural areas and non-metropolitan areas as difficult development areas for buildings placed in service after December 31, 2025.
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The amendment would set the corporate tax rate at 21 percent for taxable income up to $100,000,000.
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The amendment would set the corporate tax rate at 28 percent for any taxable income that exceeds $100,000,000 for taxable years beginning after December 31, 2025.
- 6/29/2025
- Senate amendment submitted
This bill has no cosponsors