US SB85 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Restoring America's Competitiveness in Enterprise (RACE) Act of 2011 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, to 20% of taxable income over $50,000.
Title
Restoring America's Competitiveness in Enterprise (RACE) Act of 2011
Sponsors
| Sen. Mike Johanns [R-NE] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-25 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/85/all-info |
| Text | https://www.congress.gov/112/bills/s85/BILLS-112s85is.pdf |
