A resolution to express the sense of the Senate relating to taxation of the small businesses of the Nation.

Summary

Expresses the sense of the Senate that: (1) any tax reform legislation should reduce income taxes on small businesses; (2) any reduction in corporate tax rates should apply to each income tax bracket; (3) the phaseout of graduated corporate tax rates should not occur at an income level below that established by current law; and (4) the maximum corporate tax rate should not apply to a level of income below that established by current law.

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

Timeline

1. 11 March 1986

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 11 March 1986

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 13 March 1986

   Committee

   Committee on Finance requested executive comment from OMB, Treasury Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 11 March 1986

  Open at official source

Sponsors

• Sen. Bumpers, Dale [D-AR] · D · Sponsor
• Sen. Baucus, Max [D-MT] · D · Sponsor
• · ssfi00 · Standing

Related records

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