legislation: 115-hr-7176

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
115-hr-7176 115 hr 7176 Restoring Economic Opportunities for Small Family C-Corporations Taxation 2018-11-27 2018-11-27 Referred to the House Committee on Ways and Means. House Rep. King, Steve [R-IA-4] IA R K000362 1 Restoring Economic Opportunities for Small Family C-Corporations This bill reinstates (1) the 15% corporate tax bracket for up to $50,000 in taxable income, and (2) the additional tax on corporations with taxable income that exceeds $100,000. The bill limits the additional tax to the lesser of 5% of the excess or $3,000. (Under current law, corporations are taxed at a flat 21% rate.) 2023-01-11T13:41:00Z  

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