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Bill > HR1074
US HR1074
US HR1074To amend the Internal Revenue Code of 1986 to reduce the corporate income tax rate to 10 percent and to lower the rate of tax on capital gains and dividends to 10 percent.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Amends the Internal Revenue Code to reduce to 10%: (1) the income tax rate on corporations, including personal service corporations; and (2) the capital gains income of individuals and corporations. Makes provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce tax rates on capital gains income permanent.
Committee Categories
Budget and Finance
Sponsors (13)
Scott Tipton (R)*,
Dan Benishek (R),
Ann Buerkle (R),
Jason Chaffetz (R),
Bob Gibbs (R),
Vicky Hartzler (R),
Jack Kingston (R),
Doug Lamborn (R),
Steven Palazzo (R),
Ron Paul (R),
Stevan Pearce (R),
Thomas Rooney (R),
Dennis Ross (R),
Last Action
Referred to the House Committee on Ways and Means. (on 03/14/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/house-bill/1074/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112hr1074ih/pdf/BILLS-112hr1074ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr1074ih/pdf/BILLS-112hr1074ih.pdf.pdf |
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