S.Amdt. 2463Senate119th Congress (2025-2027)2nd degree
S.Amdt. 2463
Sponsored by
Sen. Adam B. Schiff (D-CA)
Submitted June 29, 2025
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Senate amendment submitted
June 29, 2025
Text
Submitted
SA 2463. Mr. SCHIFF 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: Strike chapter 1 of subtitle B of title VII and insert the following: [[Page S3993]] SEC. 71101. CORPORATE INCOME TAX RATE. (a) In General.--Section 11(b) is amended by striking ``21 percent'' and inserting ``25 percent''. (b) Effective Date.--The amendment made by this section shall apply to taxable years beginning after December 31, 2025. ______