Amendment · S.Amdt. 2716· Senate(119-SAMDT-2716)
S.Amdt. 2716
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
-
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.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors