S 796 · 119th CongressIn Committeecongress.gov ↗

Book Minimum Tax Repeal Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to seek the removal of a tax known as the "book minimum tax," which is a tax based on the financial income that companies report in their accounting books. No official summary is available for this bill.

Sponsor

Sen. Barrasso, John [R-WY]

R

Introduced

February 27, 2025

Policy Area

Taxation

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