United States · Bill · HR
H.R. 7176 (115th)
Restoring Economic Opportunities for Small Family C-Corporations
Introduced
27 November 2018
Last action
27 November 2018 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. King, Steve [R-IA-4], Rep. Blum, Rod [R-IA-1]
Subjects
Taxation
Source updated
11 August 2025
Summary
Restoring Economic Opportunities for Small Family C-Corporations This bill reinstates (1) the 15% corporate tax bracket for up to $50,000 in taxable income, and (2) the additional tax on corporations with taxable income that exceeds $100,000. The bill limits the additional tax to the lesser of 5% of the excess or $3,000. (Under current law, corporations are taxed at a flat 21% rate.)
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
27 November 2018
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
27 November 2018
Introduced
Introduced in House
Source: IntroReferral
27 November 2018
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 27 November 2018 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 27 November 2018
Introduced in House (PDF)
Introduced in House · EN · 27 November 2018
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Introduced in House
summary · EN · 27 November 2018
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. King, Steve [R-IA-4] · R · Sponsor
- Rep. Blum, Rod [R-IA-1] · R · Sponsor
- · hswm00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/7176
- Open data entity: https://api.congress.gov/v3/bill/115/hr/7176
- us · 115-hr-7176 · source updated 11 August 2025