HR 609 · 112th Congress · Taxation

American Competitiveness Act of 2011

Introduced 2011-02-10· Sponsored by Rep. Hanna, Richard L. [R-NY-24]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-02-10)

Plain Language Summary

[AI summary unavailable — showing source text] American Competitiveness Act of 2011 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations to 25% of corporate taxable income exceeding $50,000. Provides a special rule for any taxable year beginning in 2011 by establishing a maximum 30% rate for corporate taxable income exceeding $75,000.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Republicans