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
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Senator Rosen submitted amendment SA 2716 to the bill H.R. 1.
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The purpose of the amendment is to restore of progressive corporate tax rate.
What It Changes in the Bill
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The amendment strikes section 71121 and replaces it with a new tax rate structure for corporations.
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It sets the corporate tax rate at 21 percent for taxable income up to $100,000,000.
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It sets the corporate tax rate at 28 percent for any taxable income that exceeds $100,000,000.
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These changes apply to taxable years beginning after December 31, 2025.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors