HR 3757 · 98th Congress · Taxation

Business Opportunity Act of 1983

Introduced 1983-08-03· Sponsored by Rep. Corcoran, Tom [R-IL-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-08-03)

Plain Language Summary

[AI summary unavailable — showing source text] Business Opportunity Act of 1983 - Amends the Internal Revenue Code to reduce the maximum rate of income tax on corporations from 46 percent to 36 percent. Phases in such reduction in five steps between the years 1984 and 1988.…

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