DemocratAmendment · S.Amdt. 2716· Senate(119-SAMDT-2716)

S.Amdt. 2716

Rep. Rosen
Age: 69 years
Nevada
Introduced
6/30/2025
Sponsored by
Jacky Rosen
Cosponsors
None
Changes bill
119-HR-1 — One Big Beautiful Bill Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • Senator Rosen submitted amendment SA 2716 to the bill H.R. 1.

  • The purpose of the amendment is to restore of progressive corporate tax rate.

What It Changes in the Bill

  • The amendment strikes section 71121 and replaces it with a new tax rate structure for corporations.

  • It sets the corporate tax rate at 21 percent for taxable income up to $100,000,000.

  • It sets the corporate tax rate at 28 percent for any taxable income that exceeds $100,000,000.

  • These changes apply to taxable years beginning after December 31, 2025.