Category: Economy, Budget and Taxes

HR 1 (2017) An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.

House/Senate Bill: House

Description: Reduces the corporate tax rate from 35% to 21%, reduces the individual income tax rate for high earners from 39.6% to 37%, increases the income threshold to qualify for the alternative minimum tax, and repeals the mandate to purchase health insurance.

Bill Sponsor: Click the "Link to Full Bill" for information

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Click the "Link to Full Bill" for information

Next Voting Date: Click the "Link to Full Bill" for information

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