H.R. 609 · 112th Congress · 2011–2012
American Competitiveness Act of 2011
H.R. 609 in the 112th Congress (2011–2012) was introduced on Feb 10, 2011, sponsored by Richard L. Hanna with 32 co-sponsors.
During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Introduced
- Introduced
- Feb 10, 2011
- Co-sponsors
- 32
- Policy area
- Taxation
What it does
American Competitiveness Act of 2011 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations to 25% of corporate taxable income exceeding $50,000. Provides a special rule for any taxable year beginning in 2011 by establishing a maximum 30% rate for corporate taxable income exceeding $75,000.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Richard L. Hanna (R-NY). Co-sponsors: 32 Republicans.
Where it stands
- IntroducedFeb 10, 2011
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Feb 10, 2011)
More bills from Richard L. Hanna in the 112th Congress
Other Taxation bills in the 112th Congress
- H.R. 1079: Airport and Airway Extension Act of 2011
- H.R. 4: Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011
- H.R. 1893: Airport and Airway Extension Act of 2011, Part II
- H.R. 2279: Airport and Airway Extension Act of 2011, Part III
- H.R. 2553: Airport and Airway Extension Act of 2011, Part IV
- H.R. 674: To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on…
- H.R. 8: American Taxpayer Relief Act of 2012
- S. 18: Small Business Paperwork Mandate Elimination Act
- H.R. 21: Reclaiming Individual Liberty Act
- H.R. 25: Fair Tax Act of 2011
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 609 (112th Congress): American Competitiveness Act of 2011,” https://www.capitolreceipts.com/bill/112-hr-609/american-competitiveness-act-of-2011 (accessed 2026-10-17).