HR 3757 · 98th Congress · Taxation
Business Opportunity Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1983-08-03)
Plain Language Summary
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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