S 796
Book Minimum Tax Repeal Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:28 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Book Minimum Tax Repeal Act, seeks to eliminate the corporate alternative minimum tax (CAMT) from the Internal Revenue Code. It achieves this by repealing the CAMT itself and modifying a related provision that limited the amount of general business tax credits available to corporations. The changes also include adjustments to how the tentative minimum tax is calculated and applied to corporations, effectively removing the CAMT’s impact.
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