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 was submitted by Ms. Rosen. Its purpose is to change section 71121 of the bill to restore a progressive corporate tax rate.
Here is what the amendment aims to change or add:
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Tax Rates: It sets the corporate tax rate at 21 percent for taxable income that does not exceed $100,000,000.
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Higher Income: It sets the corporate tax rate at 28 percent for taxable income that exceeds $100,000,000.
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Timing: These changes will apply to taxable years that begin after December 31, 2025.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors