,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #ibi  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,febru>y #bh1 #bjac   
,ms4 ,s*ak[sky introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means1 & 9 addition to ! ,committee on 
,ov]sight & ,gov]nm5t ,re=m1 = a p]iod  
to be subsequ5tly det]m9$ by ! ,speak]1 
9 ea* case = consid]ation ( su*         
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to       
provide ,f$]al contract+ pref]5ces =1 & 
a r$uction 9 ! rate ( income tax impos$ 
on1 ,patriot corporations1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,patriot ,corporations (   
,am]ica ,act ( #bjac4  #b4 ,f$]al       
contract+ pref]5ce = ,patriot           
corporations ,aft] ,decemb] #ca1 #bjac1 
9 ! evaluation ( bids or proposals = a  
contract = ! procurem5t ( goods or      
s]vices1 ! ,f$]al ,gov]nm5t %all provide
 a pref]5ce to any entity t is a        
,patriot corporation 7z def9$ 9 section 
#aa7;e7 ( ! ,int]nal ,rev5ue ,code (    

#aihf1 z add$ by section #c ( ?is ,act71
 unless ! aw>d ( ! contract to su*      
entity w\ld jeop>dize ! national        
security int]e/s ( ! ,unit$ ,/ates4  #c4
 ,r$uction 9 rate ( income tax =        
,patriot corporations  7a7 ,9 g5]al     
,section #aa ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ by add+ at ! end !     
foll[+ new subsection3  7e7 ,patriot    
corporations  7#a7 ,rate r$uction =     
,patriot corporations ,9 ! case ( a     
,patriot corporation1 ! am\nt ( ! tax   
impos$ "u subsection 7a7 7det]m9$ )\t   
reg>d to ?is p>agraph7 %all be r$uc$ 7b 
n bel[ z]o7 by an am\nt equal to #e     
p]c5t ( ! taxable income ( su*          
corporation4  7#b7 ,patriot corporation 
def9$ ,= purposes ( ?is subsection--    
7,a7 ,9 g5]al ,! t]m ,patriot           
corporation means1 ) respect to any     
taxable ye>1 any corporation :i* is     
c]tifi$ by ! ,secret>y z meet+ !        
requirem5ts ( subp>agraph 7,b7 = su*    
taxable & ! prec$+ taxable ye>4  7,b7   
,requirem5ts ,a corporation meets !     

requirem5ts ( ?is subp>agraph1 ) respect
 to any taxable ye>1 if su*             
corporation--  7i7 produces 9 ! ,unit$  
,/ates at lea/ #ij p]c5t ( ! goods &    
s]vices sold by su* corporation dur+ su*
 taxable ye>1  7ii7 does n provide      
comp5sation to any managem5t p]sonnel ( 
su* corporation at a level ( comp5sation
 :i* exce$s #aj1jjj p]c5t ( ! level (   
comp5sation ( ! full-"t employee ( su*  
corporation ) ! l[e/ level ( comp5sation
 dur+ su* taxable ye>1  7iii7 conducts  
at lea/ #ej p]c5t ( ! rese>* &          
developm5t conduct$ by su* corporation  
dur+ su* taxable ye> 7det]m9$ on ! basis
 ( co/7 9 ! ,unit$ ,/ates1  7iv7 has    
contribut$ at lea/ #e p]c5t ( wages paid
 by ! corporation dur+ ! taxable ye> to 
a portable p5sion fund = ! b5efit (     
employees ( ! corporation1  7v7 has paid
 at lea/ #gj p]c5t ( ! co/ ( a /&>diz$  
heal? insurance plan = ! b5efit (       
employees ( ! corporation dur+ su*      
taxable ye>1  7vi7 has ma9ta9$ at all   
times dur+ su* taxable ye> neutrality 9 

employee organiz+ drives & has 9 effect 
a policy to t effect1  7vii7 provides   
full diff]5tial sal>y & insurance       
b5efits = all ,national ,gu>d & ,res]ve 
employees :o are call$ to active duty1  
7viii7 has n be5 7at any "t dur+ su*    
taxable ye>7 9 violation ( appropriate  
,f$]al regulations includ+ ^? relat$ to 
! environm5t1 workplace safety1 labor   
relations1 & consum] protections1 z     
det]m9$ by ! ,secret>y1 &  7ix7 has n   
be5 9 violation ( any o!r regulations   
specifi$ by ! ,secret>y4  7,c7          
,c]tification process ,n lat] ?an #ij   
days aft] ! date ( ! enactm5t ( ?is     
subsection1 ! ,secret>y %all e/abli% an 
application & c]tification process to   
annually c]tify corporations z ,patriot 
corporations4 ,su* c]tifications %all be
 made at su* "t & on ! basis ( su*      
mat]ials z ! ,secret>y det]m9es         
appropriate4  4  7b7 ,effective date ,! 
am5dm5t made by ?is section %all apply  
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjac4  7c7 ,c]tification all[$ =  

ye> prec$+ effective date ( rate        
r$uction ,= purposes ( section #aa7;e7 (
 ! ,int]nal ,rev5ue ,code ( #aihf1 z    
add$ by ?is section1 ! ,secret>y may    
c]tify a corporation z a ,patriot       
corporation = ! la/ taxable ye> ( !     
corporation beg9n+ on or be=e ,decemb]  
#ca1 #bjac1 if ! corporation meets !    
requirem5ts ( p>agraph 7#b77;,b7 ( su*  
section = su* taxable ye>4  #d4 ,tax    
avoidance =eign corporations subject to 
,unit$ ,/ates income tax  7a7 ,9 g5]al  
,p>agraph 7#d7 ( section #ggja7;a7 ( !  
,int]nal ,rev5ue ,code ( #aihf 7def9+   
dome/ic7 is am5d$ to read z foll[s3     
7#d7 ,dome/ic  7,a7 ,9 g5]al ,except z  
provid$ 9 subp>agraph 7,b71 ! t]m       
dome/ic :5 appli$ to a corporation or   
p>tn]%ip means creat$ or organiz$ 9 !   
,unit$ ,/ates or "u ! law ( ! ,unit$    
,/ates or ( any ,/ate unless1 9 ! case (
 a p>tn]%ip1 ! ,secret>y provides       
o!rwise by regulations4  7,b7 ,tax      
avoidance =eign corporations treat$ z   
dome/ic ,any corporation :i* w\ld 7b =  

?is subp>agraph7 be treat$ z a =eign    
corporation %all be treat$ z a dome/ic  
corporation if ! ,secret>y det]m9es t   
su* corporation 0 creat$ or organiz$ z a
 =eign corporation 7in/ead ( z a dome/ic
 corporation7 pr9cipally = ! purpose (  
avoid+ be+ treat$ z a dome/ic           
corporation "u ?is title4  4  7b7       
,effective dates ,! am5dm5t made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4