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S 1837 112th Congress Senate Taxation Corporate finance and management Income tax rates Taxation of foreign income U.S. and foreign investments

Rebuilding America Act

Introduced: November 9, 2011 Introduced by: Lee, Mike Republican · Utah See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 9, 2011
Read twice and referred to the Committee on Finance.
Nov 9, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

Rebuilding America Act - Amends the Internal Revenue Code to reduce the tax rate on current and accumulated foreign earnings of U.S. corporations reinvested in the United States from 35% to 5% and make such lower rate permanent.

What's happening now November 9, 2011

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3