S. 5017 · 117th Congress · Senate

Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Sep 29, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act

This bill repeals the 15% alternative minimum tax on corporations enacted by the Inflation Reduction Act of 2022.

Action Timeline

2
  1. SEP 29, 2022•IntroReferral

    Introduced in Senate

  2. SEP 29, 2022•IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Sep 29, 2022

Active