Incentivize Corporate America Act of 2015
Latest action · Jun 25, 2015 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 25, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Incentivize Corporate America Act of 2015
Amends the Internal Revenue Code to revise the income tax rates on corporations to impose a single 20% rate on corporate taxable income.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jul 29, 2015 to Feb 3, 2016.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OH | Steve Chabot | Jul 29, 2015 | |
| R-MN | Tom Emmer | Feb 3, 2016 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jun 25, 2015 |
Actions 2
Everything that happened, newest first.
- Jun 25, 2015Introduced in House
- Jun 25, 2015Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 103, June 25, 2015, page H4773.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| — | SECOND MEMBER DAY HEARING ON FUNDAMENTAL TAX REFORM PROPOSALS79 pages | Ways and Means Committee | Apr 13, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to reduce the corporate income tax rate to 20 percent.
- Short Titles as Introduced
- Incentivize Corporate America Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 25, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
