Library / Laws / 117th / hr / H.R. 9030 / Introduced in House
I
117th CONGRESS
2d Session
H. R. 9030
IN THE HOUSE OF REPRESENTATIVES
September 29, 2022Mr. Arrington (for himself, Mrs. Miller of West Virginia, Mr. Ferguson, Mr. Schweikert, Mr. Pfluger, Mr. Rice of South Carolina, Mr. Wenstrup, Mr. LaHood, Mr. Estes, Mr. Kustoff, Mr. Kelly of Pennsylvania, Mr. Murphy of North Carolina, and Ms. Van Duyne) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To repeal the corporate alternative minimum tax.
1.
Short title
This Act may be cited as the Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act .
2.
Repeal of corporate alternative minimum tax
(a)
In general
Section 10101 and section 13904(a) of Public Law 117–169 are repealed.
(b)
Applicability
The Internal Revenue Code of 1986 shall be applied and administered as if such sections (and the amendments made by such sections) had not been enacted.