Book Minimum Tax Repeal Act

Summary

Book Minimum Tax Repeal Act This bill repeals the 15% alternative tax on the financial statement (i.e., book) income of certain corporations. The tax applies to companies that report over $1 billion in profits to their shareholders.

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

Timeline

1. 11 May 2023

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 11 May 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 May 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 11 May 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 11 May 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 11 May 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 11 May 2023

  Open at official source

Sponsors

• Rep. Arrington, Jodey C. [R-TX-19] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → Book Minimum Tax Repeal Act