Bill113th CongressFiled Jan 24, 2013Taxation
S. 151
Restoring America's Competitiveness in Enterprise (RACE) Act of 2013
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Jan 24, 2013)
Restoring America's Competitiveness in Enterprise (RACE) Act of 2013 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, to 20% of taxable income over $50,000.
What just happenedJan 24, 2013
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Johanns, Mike [R-NE](R-NE)Sponsor
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- Introduced in SenateJan 24, 2013
- Jan 24, 2013IntroReferral
Read twice and referred to the Committee on Finance.
- Jan 24, 2013IntroReferral10000
Introduced in Senate