S.Amdt. 2366Senate119th Congress (2025-2027)2nd degree

S.Amdt. 2366

Sponsored by Rand PaulSen. Rand Paul (R-KY)
Submitted June 28, 2025

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Senate amendment submitted

June 28, 2025

Text

Submitted

SA 2366. Mr. PAUL submitted an amendment intended to be proposed to
amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill
H.R. 1, to provide for reconciliation pursuant to title II of H. Con.
Res. 14; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ____. 15-PERCENT CORPORATE TAX RATE.

(a) In General.--Section 11(b) is amended by striking ``21
percent'' and inserting ``15 percent''.
(b) Effective Date.--The amendment made by this section
shall apply to taxable years beginning after the date of the
enactment of this Act.
(c) Normalization Requirements.--Rules similar to the rules
of section 13001(d) of Public Law 115-97 shall apply.
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