S. 1837 · 112th Congress

Rebuilding America Act

Stage
In committee
Sponsor
Mike Lee
Introduced
2011-11-09
Latest action
2011-11-09 · Introduced in Senate

Summary

Rebuilding America Act - Amends the Internal Revenue Code to reduce the tax rate on current and accumulated foreign earnings of U.S. corporations reinvested in the United States from 35% to 5% and make such lower rate permanent.