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
- Introduced
- Pending Consideration
- Failed
What this amendment would do
- Mr. Murphy, along with Ms. Smith, Ms. Warren, and Mr. Schiff, submitted amendment SA 2751 to be proposed to another amendment.
- The purpose of the amendment is to strike sections 71101 and 71102 and replace them with a new adjustment to the corporate tax rate.
- It changes the corporate tax rate in Section 11(b) by replacing 21 percent with 22.3 percent.
- This new tax rate applies to taxable years beginning after December 31, 2025.
- 6/30/2025
- 3 Cosponsors added.
- Senate amendment submitted
Adam SchiffDemocrat · California
Tina SmithDemocrat · Minnesota
Elizabeth WarrenDemocrat · Massachusetts