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HR 7176 115th Congress House

Restoring Economic Opportunities for Small Family C-Corporations

Official title: To amend the Internal Revenue Code of 1986 to reestablish the 15 percent corporate rate bracket.

Introduced: November 27, 2018 See on congress.gov
Taxation Corporate finance and managementIncome tax ratesTax administration and collection, taxpayers
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Nov 27, 2018
Referred to the House Committee on Ways and Means.
Nov 27, 2018
Introduced in House
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 Latest action November 27, 2018

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Restoring Economic Opportunities for Small Family C-Corporations

This bill reinstates (1) the 15% corporate tax bracket for up to $50,000 in taxable income, and (2) the additional tax on corporations with taxable income that exceeds $100,000. The bill limits the additional tax to the lesser of 5% of the excess or $3,000. (Under current law, corporations are taxed at a flat 21% rate.)

 Related & companion bills 1
  • HR 901 Reintroduced Bill Restoring Economic Opportunities for Small Family C–Corporations
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7176: Restoring Economic Opportunities for Small Family C-Corporations. 115th Congress. Open America. https://openamerica.io/bill/115-HR-7176/
MLA
"H.R. 7176: Restoring Economic Opportunities for Small Family C-Corporations." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-7176/.
Bluebook (legal)
H.R. 7176, 115th Cong. (2026), https://openamerica.io/bill/115-HR-7176/.
Markdown link
[H.R. 7176: Restoring Economic Opportunities for Small Family C-Corporations](https://openamerica.io/bill/115-HR-7176/)
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