A bill to amend the Internal Revenue Code of 1986 to limit the tax rate for certain small businesses, and for other purposes.

Summary

Amends the Internal Revenue Code to establish a maximum small business tax rate for individuals, partnerships, S corporations, or other pass-through entities with average gross receipts of not more than $5 million for a three-year tax period.

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

Timeline

1. 13 May 1993

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 13 May 1993

   Introduced

   Sponsor introductory remarks on measure. (CR S5870, S5923-5925)

   Source: IntroReferral

3. 13 May 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 13 May 1993 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 13 May 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 May 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 13 May 1993

  Open at official source

Sponsors

• Rep. Pressler, Larry [R-SD-1] · R · Sponsor
• Sen. Bennett, Robert F. [R-UT] · R · Sponsor
• Sen. Burns, Conrad R. [R-MT] · R · Sponsor
• Sen. Kempthorne, Dirk [R-ID] · R · Sponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Rep. Smith, Bob [R-NH-1] · R · Cosponsor
• Sen. Stevens, Ted [R-AK] · R · Cosponsor
• Sen. Helms, Jesse [R-NC] · R · Cosponsor
• Sen. Coats, Daniel [R-IN] · R · Cosponsor
• Rep. Gregg, Judd [R-NH-2] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to limit the tax rate for certain small businesses, and for other purposes.