HR 533 · 115th Congress · Taxation

Create Jobs Act

Introduced 2017-01-13· Sponsored by Rep. Emmer, Tom [R-MN-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-01-13)

Plain Language Summary

[AI summary unavailable — showing source text] Corporate Rate Equality and Trade Empowerment Jobs Act of 2017 or the Create Jobs Act This bill amends the Internal Revenue Code to lower the rate of tax on the taxable income of corporations to the greater of: (1) 10%, or (2) the rate that is 5% below the average corporate income tax rate for Organization for Economic Co-operation and Development countries other than the United States. The bill also sets forth a procedure for a congressional joint resolution approving an increase in the corporate tax rate.…

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

Cosponsors (1)

1 Republican
Rep. Love, Mia B. [R-UT-4]UT