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United States · Bill · HR

H.R. 6169 (112th)

Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012

openUnited States· United States Congress· EN

Introduced

24 July 2012

Last action

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Status

Pursuant to the provisions of H. Res. 747, H.R. 6169 is laid on the table.

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Pathway to Job Creation through a Simpler, Fairer Tax Code of 2012 - States that the purpose of this Act is to provide for the enactment of comprehensive tax reform in 2013. Defines "tax reform bill" for purposes of this Act, as a bill of the 113th Congress that is introduced not later than April 30, 2013, and is certified by the chair of the Joint Committee on Taxation as containing proposals to: (1) consolidate the 6 current individual income tax brackets into a maximum of 2 brackets (of 10% and not higher than 25%), (2) reduce the corporate income tax rate to not more than 25%, (3) repeal the alternative minimum tax (AMT), (4) broaden the tax base so that tax revenues comprise between 18 and 19% of Gross Domestic Product (GDP), and (5) reform the current system of foreign taxation. Provides for expedited consideration of such tax reform bill in the House of Representatives and the Senate.

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Documents

7 official files

Reported in House (text)

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