A bill to amend the Internal Revenue Code of 1954 to provide for a permanent reduction in the rate of tax paid by small business corporations.

Summary

Amends the Internal Revenue Code to: (1) reduce the normal corporate income tax; (2) increase the corporate surtax; and (3) increase the corporate surtax exemption.

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

Timeline

1. 11 February 1977

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 11 February 1977

   Introduced

   Introduced in Senate

   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 Senate

  summary · EN · 11 February 1977

  Open at official source

Sponsors

• Sen. Baker, Howard H., Jr. [R-TN] · R · Sponsor
• Sen. Javits, Jacob K. [R-NY] · R · Cosponsor
• Sen. Domenici, Pete V. [R-NM] · R · Cosponsor
• Sen. Bellmon, Henry L. [R-OK] · R · Cosponsor
• Sen. Chafee, John H. [R-RI] · R · Cosponsor
• Sen. Curtis, Carl T. [R-NE] · R · Cosponsor
• Sen. Danforth, John C. [R-MO] · R · Cosponsor
• Sen. Goldwater, Barry [R-AZ] · R · Cosponsor
• Sen. Griffin, Robert P. [R-MI] · R · Cosponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Cosponsor
• Sen. Hayakawa, Samuel Ichiye [R-CA] · R · Cosponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Sen. McClure, James A. [R-ID] · R · Cosponsor
• Sen. Percy, Charles H. [R-IL] · R · Cosponsor
• Sen. Schmitt, Harrison H. [R-NM] · R · Cosponsor
• Sen. Schweiker, Richard S. [R-PA] · R · Cosponsor
• Sen. Stafford, Robert T. [R-VT] · R · Cosponsor
• Sen. Tower, John G. [R-TX] · R · Cosponsor
• Sen. Young, Milton R. [R-ND] · R · Cosponsor
• Sen. Heinz, John [R-PA] · R · Cosponsor
• Sen. Wallop, Malcolm [R-WY] · R · Cosponsor
• · ssfi00 · Standing

Related records

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