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US SJR95
Joint Resolution
AI Summary
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Congress would disapprove and nullify IRS Notice 2025-28, which provides interim guidance on applying the Corporate Alternative Minimum Tax (CAMT) to partnerships
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Uses the Congressional Review Act (chapter 8 of title 5, U.S. Code) to overturn the IRS rule, rendering it with no force or effect
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Introduced November 18, 2025 by Senators Wyden, King, and Peters and referred to the Committee on Finance
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Committee discharged by petition on December 18, 2025, placing the resolution directly on the Senate calendar for potential floor consideration
Legislative Description
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Interim Guidance Simplifying Application of the Corporate Alternative Minimum Tax to Partnerships".
Taxation
Last Action
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 51. Record Vote Number: 35. (CR S543)
2/10/2026