Browse bills
HR 4320
Help Our Businesses Recover Act of 2021
Introduced
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
Help Our Businesses Recover Act of 2021 This bill eliminates, for taxable years ending in 2020, the base erosion minimum tax rate applicable to certain large corporations that have deductions with respect to amounts paid or accrued to foreign-related parties exceeding 3% of their total deductions.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Andy Kim
SenateNJDemocratDistrict 3
Cosponsors
Andrew R. Garbarino
HouseNYRepublicanDistrict 2
Thomas R. Suozzi
HouseNYDemocratDistrict 3
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.