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S. 85

BillFederalSenateIn Committee
Restoring America's Competitiveness in Enterprise (RACE) Act of 2011
About This Bill
Committee
Latest Action · January 25, 2011
Read twice and referred to the Committee on Finance.
Congress
112th (2011–2013)
Introduced
January 25, 2011
Sponsor
Sen. Mike JohannsR
Cosponsors (0)
None
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Summary

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Restoring America's Competitiveness in Enterprise (RACE) Act of 2011 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, to 20% of taxable income over $50,000.

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