238

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Amendment Number
238
Purpose
To promote capital investment in small business by reducing the corporate tax rate on the first $50,000 of taxable income in two phases.
Congress
97
Type
SUAMDT
Latest Action Date
Jul 17, 1981
Latest Action Text
Amendment agreed to in Senate by Yea-Nay Vote. 92-0. Record Vote No: 199.
Proposed Date
Jul 17, 1981
Submitted Date
Jul 17, 1981
Chamber
Senate
Update Date
Aug 14, 2021
Amendment 238 — Informed