Amendment · S.Amdt. 2714· Senate(119-SAMDT-2714)
S.Amdt. 2714
Age: 69 years
Nevada
- Introduced
- 6/30/2025
- Sponsored by
- Jacky Rosen
- Cosponsors
- None
- Changes bill
- 119-HR-1 — One Big Beautiful Bill Act
- Introduced
- Pending Consideration
- Failed
What this amendment would do
This amendment was submitted by Ms. Rosen. Its purpose is to change section 71121 of the bill to restore a progressive corporate tax rate.
Here is what the amendment aims to change or add:
-
Tax Rates: It sets the corporate tax rate at 21 percent for taxable income that does not exceed $100,000,000.
-
Higher Income: It sets the corporate tax rate at 28 percent for taxable income that exceeds $100,000,000.
-
Timing: These changes will apply to taxable years that begin after December 31, 2025.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors