Legislators
Bills
Statements
Represent

S.151: Restoring America's Competitiveness in Enterprise (RACE) Act of 2013

About this Bill

You can read the bill
Sponsor Mike Johanns, R-Neb.
Total Cosponsors 0
Introduced Jan. 24, 2013
Latest Major Action Jan. 24, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Jan. 24, 2013 Read twice and referred to the Committee on Finance.