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Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act

USA117th CongressS-5017| Senate 
| Updated: 9/29/2022
John Barrasso

John Barrasso

Republican Senator

Wyoming

Cosponsors (13)
Bill Cassidy (Republican)Mike Braun (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Roger F. Wicker (Republican)John Boozman (Republican)James Lankford (Republican)Patrick Toomey (Republican)Rob Portman (Republican)John Hoeven (Republican)Mike Crapo (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act This bill repeals the 15% alternative minimum tax on corporations enacted by the Inflation Reduction Act of 2022.
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Timeline
Sep 29, 2022

Latest Companion Bill Action

HR 117-9030
Introduced in House
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Finance.
  • September 29, 2022

    Latest Companion Bill Action

    HR 117-9030
    Introduced in House


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-9030: Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act

Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act

USA117th CongressS-5017| Senate 
| Updated: 9/29/2022
Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act This bill repeals the 15% alternative minimum tax on corporations enacted by the Inflation Reduction Act of 2022.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 29, 2022

Latest Companion Bill Action

HR 117-9030
Introduced in House
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Finance.
  • September 29, 2022

    Latest Companion Bill Action

    HR 117-9030
    Introduced in House


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Finance.
John Barrasso

John Barrasso

Republican Senator

Wyoming

Cosponsors (13)
Bill Cassidy (Republican)Mike Braun (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Roger F. Wicker (Republican)John Boozman (Republican)James Lankford (Republican)Patrick Toomey (Republican)Rob Portman (Republican)John Hoeven (Republican)Mike Crapo (Republican)

Finance Committee

Taxation

Related Bills

  • HR 117-9030: Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted