3.0.0 1074 2023-01-11T13:20:22Z 2023-01-11T13:20:22Z House H HR 2011-03-14 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIPTON:H.R. 1074.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1: The Congress shall havePower to lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Defence andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.[Page H1797]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-03-14T16:02:00Z To amend the Internal Revenue Code of 1986 to reduce the corporate rate of tax to 18 percent. 112 934 HR 2011-03-03 Referred to the House Committee on Ways and Means. Related bill CRS 2011-03-14 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-03-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-03-14 Introduced in House IntroReferral 1000 9 Library of Congress T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 N L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2011-04-01 False R000583 Rep. Rooney, Thomas J. [R-FL-16] Thomas Rooney R FL J. 16 2011-04-01 False B001271 Rep. Benishek, Dan [R-MI-1] Dan Benishek R MI 1 2011-04-01 False G000563 Rep. Gibbs, Bob [R-OH-18] Bob Gibbs R OH 18 2011-04-01 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2011-04-01 False P000601 Rep. Palazzo, Steven M. [R-MS-4] Steven Palazzo R MS M. 4 2011-04-01 False P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2011-04-01 False C001076 Rep. Chaffetz, Jason [R-UT-3] Jason Chaffetz R UT 3 2011-04-01 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2011-04-01 False R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2011-04-01 False B001276 Rep. Buerkle, Ann Marie [R-NY-25] Ann Buerkle R NY Marie 25 2011-04-13 False H001053 Rep. Hartzler, Vicky [R-MO-4] Vicky Hartzler R MO 4 2011-05-10 False Taxation Capital gains tax Corporate finance and management Income tax rates Taxation 00 2011-03-14 Introduced in House 2011-04-25T20:26:27Z Amends the Internal Revenue Code to reduce to 10%: (1) the income tax rate on corporations, including personal service corporations; and (2) the capital gains income of individuals and corporations.

Makes provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce tax rates on capital gains income permanent.

]]> To amend the Internal Revenue Code of 1986 to reduce the corporate income tax rate to 10 percent and to lower the rate of tax on capital gains and dividends to 10 percent. Display Title To amend the Internal Revenue Code of 1986 to reduce the corporate income tax rate to 10 percent and to lower the rate of tax on capital gains and dividends to 10 percent. Official Title as Introduced To amend the Internal Revenue Code of 1986 to reduce the corporate income tax rate to 10 percent and to lower the rate of tax on capital gains and dividends to 10 percent. Introduced in House IH Introduced in House 2011-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1074ih/xml/BILLS-112hr1074ih.xml 2011-03-14 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.