House Bill 533
115th Congress(2017-2018)
Create Jobs Act
Introduced
Introduced in House on Jan 13, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
533
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Corporate Rate Equality and Trade Empowerment Jobs Act of 2017 or the Create Jobs Act
This bill amends the Internal Revenue Code to lower the rate of tax on the taxable income of corporations to the greater of: (1) 10%, or (2) the rate that is 5% below the average corporate income tax rate for Organization for Economic Co-operation and Development countries other than the United States. The bill also sets forth a procedure for a congressional joint resolution approving an increase in the corporate tax rate.
January 13, 2017
01/13/2017
Referred to the House Committee on Ways and Means.
01/13/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:34:23 PM