United States · Bill · HR
H.R. 5506 (98th)
New Economic Recovery Act of 1984
Introduced
25 April 1984
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
New Economic Recovery Act of 1984 - Amends the Internal Revenue Code to reduce the income tax rates on corporations as follows: (1) 12 percent of taxable income up to $50,000; (2) 24 percent of taxable income from over $50,000 to $100,000; and (3) 36 percent of taxable income over $100,000.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 25 April 1984
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/5506
- Open data entity: https://api.congress.gov/v3/bill/98/hr/5506