A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.

Summary

Amends the Internal Revenue Code by providing graduated corporate income tax rates ranging, over seven brackets, from a 16 percent rate on a corporation's first $25,000 income to a 45 percent rate on income over $150,000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 19 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

2. 19 June 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 19 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 19 June 1978

  Open at official source

Sponsors

• Rep. Smith, Neal Edward [D-IA-4] · D · Sponsor
• Rep. Pickle, J. J. [D-TX-10] · D · Cosponsor
• Rep. Corman, James C. [D-CA-21] · D · Cosponsor
• Rep. Conte, Silvio O. [R-MA-1] · R · Cosponsor
• Rep. Baldus, Alvin J. [D-WI-3] · D · Cosponsor
• Rep. Blouin, Michael [D-IA-2] · D · Cosponsor
• Rep. Burton, John [D-CA-5] · D · Cosponsor
• Rep. Natcher, William H. [D-KY-2] · D · Cosponsor
• Rep. Byron, Goodloe E. [D-MD-6] · D · Cosponsor
• Rep. Chappell, Bill, Jr. [D-FL-4] · D · Cosponsor
• Rep. Collins, James M. [R-TX-3] · R · Cosponsor
• Rep. Corcoran, Tom [R-IL-14] · R · Cosponsor
• Rep. Flynt, John J., Jr. [D-GA-6] · D · Cosponsor
• Rep. Ichord, Richard H. [D-MO-8] · D · Cosponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
• Rep. Latta, Delbert L. [R-OH-5] · R · Cosponsor
• Rep. LeFante, Joseph A. [D-NJ-14] · D · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Rep. McCormack, Mike [D-WA-4] · D · Cosponsor
• Rep. Mathis, Dawson [D-GA-2] · D · Cosponsor
• Rep. Mottl, Ronald M. [D-OH-23] · D · Cosponsor
• Rep. Murtha, John P. [D-PA-12] · D · Cosponsor
• Rep. Neal, Stephen L. [D-NC-5] · D · Cosponsor
• Rep. Quillen, James H. (Jimmy) [R-TN-1] · R · Cosponsor
• Rep. Robinson, J. Kenneth [R-VA-7] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.
• related to ← A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.
• related to ← A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.
• related to ← A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.