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- S.151
S.151: Restoring America's Competitiveness in Enterprise (RACE) Act of 2013
About This Bill
- Introduced Jan. 24, 2013
- Latest Major Action Jan. 24, 2013
Bill Sponsor
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: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 24, 2013 |
Read twice and referred to the Committee on Finance.
|
| Jan. 24, 2013 |
Introduced in the Senate by Mike Johanns (R-Neb.) |