# 115-hr-7176: Restoring Economic Opportunities for Small Family C-Corporations

115-hr-7176, Restoring Economic Opportunities for Small Family C-Corporations, is a 115th Congress bill sponsored by Rep. King, Steve [R-IA-4] (R-IA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-7176
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-7176
- Congress: 115
- Title: Restoring Economic Opportunities for Small Family C-Corporations
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2018-11-27
- Sponsor: Rep. King, Steve [R-IA-4] (R-IA)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Restoring Economic Opportunities for Small Family C-Corporations This bill reinstates (1) the 15% corporate tax bracket for up to $50,000 in taxable income, and (2) the additional tax on corporations with taxable income that exceeds $100,000. The bill limits the additional tax to the lesser of 5% of the excess or $3,000. (Under current law, corporations are taxed at a flat 21% rate.)

## Cosponsors (1)

- Rep. Blum, Rod [R-IA-1] (R-IA), 2018-11-27T00:00:00.000Z

## Related bills

- 115-hr-6980: Breast Cancer Patient Equity Act
- 115-hr-6114: Metastatic Breast Cancer Access to Care Act
- 115-hr-5653: Criminal Alien Removal Clarification Act of 2018
- 115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act
- 115-hr-5358: DRIVE-Safe Act
- 115-hr-5275: Agricultural Certainty for Reporting Emissions Act

## Sources
- [115-hr-7176 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/7176)

## Related
- [115-hr-6980: Breast Cancer Patient Equity Act](https://policyrisk.com/legislation/115-hr-6980)
- [115-hr-6114: Metastatic Breast Cancer Access to Care Act](https://policyrisk.com/legislation/115-hr-6114)
- [115-hr-5653: Criminal Alien Removal Clarification Act of 2018](https://policyrisk.com/legislation/115-hr-5653)
- [115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-5499)
- [115-hr-5358: DRIVE-Safe Act](https://policyrisk.com/legislation/115-hr-5358)
- [115-hr-5275: Agricultural Certainty for Reporting Emissions Act](https://policyrisk.com/legislation/115-hr-5275)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-7176 (as of 2025-11-18).