HR 2245 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to reduce the rate of tax on the taxable income of a corporation below $500,000.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: See H.R.4242.(1981-08-04)
Plain Language Summary
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Amends the Internal Revenue Code with respect to reduce the rate of tax on the taxable income of a corporation below $500,000. Reduces the income tax rate and the alternative tax on mutual insurance companies.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
16 Democrats4 Republicans