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HR 5158 114th Congress House

Make America Competitive Act of 2016

Official title: To amend the Internal Revenue Code of 1986 to provide a conditional 10 percent rate of tax for certain businesses.

Introduced: April 29, 2016 See on congress.gov
Taxation Corporate finance and managementEmployee benefits and pensionsHealth care costs and insuranceIncome tax rates
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Social security and elderly assistanceTaxation of foreign incomeU.S. and foreign investmentsWages and earnings
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 29, 2016
Referred to the House Committee on Ways and Means.
Apr 29, 2016
Introduced in House
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 Latest action April 29, 2016

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Make America Competitive Act of 2016

This bill amends the Internal Revenue Code to allow corporations to elect a 10% tax rate on their taxable income if such corporations: (1) offer their full-time employees group health insurance coverage, (2) offer such employees a defined contribution pension plan, (3) provide their employees with regular pay increases, and (4) make additional social security contributions for employees who do not have a defined benefit pension plan. Such corporations may also elect to repatriate their current and accumulated foreign earnings at a 5% tax rate.

The bill amends title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to increase the primary insurance amount (the retirement benefit a social security recipient would receive if benefits are taken at normal retirement age) of employees for whom additional social security contributions are made under this bill.

 Related & companion bills 1
  • HR 3083 Related bill Bring Jobs Back to America Act of 2015
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5158: Make America Competitive Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5158/
MLA
"H.R. 5158: Make America Competitive Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5158/.
Bluebook (legal)
H.R. 5158, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5158/.
Markdown link
[H.R. 5158: Make America Competitive Act of 2016](https://openamerica.io/bill/114-HR-5158/)
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