A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships".
USA119th CongressSJRES-95| Senate
| Updated: 2/10/2026
Ron Wyden
Democratic Senator
Oregon
Cosponsors (3)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This joint resolution aims to nullify a recent rule issued by the Internal Revenue Service (IRS) through the Congressional Review Act, specifically targeting the "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships" (IRS Notice 2025-28). The resolution explicitly states that Congress disapproves of this guidance. Should this legislative action be enacted, the IRS rule would be rendered without any legal force or effect. This represents a direct legislative effort to overturn an administrative regulation concerning the application of the corporate alternative minimum tax to partnerships.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 297.
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 51. Record Vote Number: 35. (CR S543)
View VoteTaxation
Administrative law and regulatory proceduresCongressional oversightCorporate finance and managementInternal Revenue Service (IRS)Tax reform and tax simplification
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships".
USA119th CongressSJRES-95| Senate
| Updated: 2/10/2026
This joint resolution aims to nullify a recent rule issued by the Internal Revenue Service (IRS) through the Congressional Review Act, specifically targeting the "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships" (IRS Notice 2025-28). The resolution explicitly states that Congress disapproves of this guidance. Should this legislative action be enacted, the IRS rule would be rendered without any legal force or effect. This represents a direct legislative effort to overturn an administrative regulation concerning the application of the corporate alternative minimum tax to partnerships.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 297.
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 51. Record Vote Number: 35. (CR S543)
View VoteRon Wyden
Democratic Senator
Oregon
Cosponsors (3)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresCongressional oversightCorporate finance and managementInternal Revenue Service (IRS)Tax reform and tax simplification