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
Mr. Schiff submitted amendment SA 2463 to be proposed to amendment SA 2360 to the bill H.R. 1. The purpose of this amendment is to change a specific part of the bill regarding corporate taxes.
What It Aims to Change or Add
- Strike chapter 1 of subtitle B of title VII and insert a new section.
- Change the corporate income tax rate by striking 21 percent and inserting 25 percent.
- Make this new tax rate apply to taxable years beginning after December 31, 2025.
- 6/29/2025
- Senate amendment submitted
This bill has no cosponsors