,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #aaaa  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ac1 #bjac    
,mr4 ,grayson introduced the following  
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to impose a #ejj percent
 excise tax on corporate contributions  
to political committees and on corporate
 expenditures on political advocacy     
campaigns4  #a4 ,short title ,this ,act 
may be cited as the ,business ,should   
,mind ,its ,own ,business ,act4  #b4    
,excise tax on corporate contributions  
to political committees and on corporate
 expenditures on political advocacy     
campaigns  7a7 ,in general ,chapter #cf 
of the ,internal ,revenue ,code of #aihf
 7relating to certain other excise      
taxes7 is amended by adding at the end  
the following new subchapter3  ,e       
,certain corporate political activities 
,sec4 #ddia4 ,corporate contributions to
 political committees and corporate     

expenditures on political advocacy      
campaigns4  #ddia4 ,corporate           
contributions to political committees   
and corporate expenditures on political 
advocacy campaigns  7a7 ,in general ,in 
the case of a corporation1 there is     
hereby imposed a tax equal to #ejj      
percent of the aggregate of the         
following amounts3  7#a7 ,the amount of 
contributions 7as defined in section    
#cja of the ,federal ,election ,campaign
 ,act of #aiga7 made during the taxable 
year4  7#b7 ,the amount paid for an     
electioneering communication described  
in section #cjd7;f77#c7 of such ,act4   
7b7 ,certain determinations disregarded 
,for purposes of this section1 any court
 determination that such ,act does not  
apply to one or more corporations shall 
be disregarded4  4  7b7 ,denial of      
income tax deduction ,subsection 7a7 of 
section #bge of such ,code is amended by
 inserting after paragraph 7#f7 the     
following new paragraph3  7#g7 ,taxes   
imposed by section #ddia 7relating to   

corporate contributions to political    
committees and corporate expenditures on
 political advocacy campaigns74  4  7c7 
,clerical amendment ,the table of       
subchapters for chapter #cf of such     
,code is amended by adding at the end   
the following new item3  ,subchapter ,e4
 ,certain corporate political           
activities4  7d7 ,effective date ,the   
amendments made by this section shall   
apply to amounts paid after the date of 
the enactment of this ,act in taxable   
years ending after such date4