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H.R. 5857 · 111th Congress · 2009–2010

FACT Act

H.R. 5857 in the 111th Congress (2009–2010) was introduced on Jul 26, 2010, sponsored by Charles Djou.

During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.

Status
Introduced
Introduced
Jul 26, 2010
Co-sponsors
0
Policy area
Taxation

What it does

Fair American Corporate Tax Act or FACT Act - Amends the Internal Revenue Code to: (1) decrease from 35% to 28% the top marginal income tax rate for corporations (including personal service corporations); and (2) provide that the amount of any tax withholding for deductible payments made by a U.S.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Charles Djou (R-HI)

Where it stands

  • IntroducedJul 26, 2010
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Jul 26, 2010)

More bills from Charles Djou in the 111th Congress

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 5857 (111th Congress): FACT Act,” https://www.capitolreceipts.com/bill/111-hr-5857/fact-act (accessed 2026-10-13).

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