,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #bidf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #be1 #bjae ,mr4 
,williams introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to r$uce !        
corporate income tax rate to #bj p]c5t4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,inc5tivize ,corporate ,am]ica ,act ( 
#bjae4  #b4 #bj-p]c5t corporate tax rate
  7a7 ,9 g5]al ,subsection 7b7 ( section
 #aa ( ! ,int]nal ,rev5ue ,code ( #aihf 
is am5d$ to read z foll[s3  7b7 ,am\nt (
 tax ,! am\nt ( ! tax impos$ by         
subsection 7a7 %all be #bj p]c5t (      
taxable income4  4  7b7 ,con=m+ am5dm5ts
  7#a7 ,p>agraphs 7#b77;,b7 &           
7#f77;,a77ii7 ( section #hfj;,e7e7 ( su*
 ,code are ea* am5d$ by /rik+ section   
#aa7;b77#a7 & ins]t+ section #aa7;b74   
7#b7  7,a7 ,section #adde7;e77#a7 ( su* 
,code is am5d$-- 7i7 by /rik+ #ce p]c5t 
& ins]t+ ! rate ( tax 9 effect = !      
taxable ye> "u section #aa7;b71 &  7ii7 

by /rik+ ( ! ga9 & ins]t+ multipli$ by !
 ga94  7,b7 ,section #adde7;e77#b7 ( su*
 ,code is am5d$ by /rik+ #ce p]c5t ( !  
am\nt & ins]t+ ! rate ( tax 9 effect = !
 taxable ye> "u section #aa7;b7         
multipli$ by ! am\nt4  7,c7 ,section    
#adde7;e77#f7 ( su* ,code is am5d$-- 7i7
 by /rik+ #ce p]c5t & ins]t+ ! rate (   
tax 9 effect = ! taxable ye> "u section 
#aa7;b71 &  7ii7 by /rik+ ( ! am\nt &   
ins]t+ multipli$ by ! am\nt4  7,d7      
,section #addf7;b77#b77;,b7 ( su* ,code 
is am5d$ by /rik+ section #aa7;b77#a7 & 
ins]t+ section #aa7;b74  7#c7 ,section  
#heb7;b77#a7 ( su* ,code is am5d$ by    
/rik+ ! la/ s5t5ce4  7#d7 ,section      
#ghgd7;e77#a77;,b7 ( su* ,code is am5d$ 
by /rik+ section #aa7;b77#a7 & ins]t+   
section #aa7;b74  7c7 ,effective date   
7#a7 ,9 g5]al ,except z o!rwise provid$ 
9 ?is subsection1 ! am5dm5ts made by ?is
 section %all apply to taxable ye>s     
beg9n+ aft] ,decemb] #ca1 #bjae4  7#b7  
,)hold+ ,! am5dm5ts made by subsection  
7b77#b7 %all apply to di/ributions made 

aft] ,decemb] #ca1 #bjae4