Christopher Murphy (D-CT)

S.Amdt. 2750

S.Amdt. 2750 · Senate amendment

A Democratic amendment with 3 Democratic cosponsors · See all 3 cosponsors

Changes H.R. 1 — One Big Beautiful Bill Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • The amendment was submitted by Mr. Murphy, along with Ms. Smith, Ms. Warren, and Mr. Schiff.

  • It aims to strike section 71117 and replace it with a new section that makes changes regarding corporate taxes and the Social Security Act.

What It Aims to Change or Add

  • Repeals section 71119 of the Act and applies the Social Security Act as if those previous amendments had never been made.

  • Adjusts the corporate tax rate found in section 11(b) by changing 21 percent'' to 22.7 percent''.

  • Sets the effective date for this tax rate adjustment to apply to taxable years that begin after December 31, 2025.