There is one summary for H.R.609. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/10/2011)

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.