Back to all bills
SJRES 95119th CongressIntroduced
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".
Introduced: Nov 18, 2025
Sponsor: Sen. Wyden, Ron [D-OR] (D-Oregon)
Standard Summary
Comprehensive overview in 1-2 paragraphs
S.J. Res. 95 disapproves the IRS Notice 2025‑28, which would simplify the application of the Corporate Alternative Minimum Tax to partnerships, declaring the rule has no force or effect.
Key Points
- 1Congressional disapproval of IRS Notice 2025‑28.
- 2Rule is declared void and has no legal effect.
- 3Applies to all partnerships subject to the Corporate Alternative Minimum Tax.
- 4Maintains current tax treatment for partnerships.
- 5Prevents potential changes to partnership tax calculations.
Impact Areas
Partnerships and their ownersIRS tax administrationCorporate tax policyTaxpayers affected by the Corporate Alternative Minimum Tax
Generated by openai/gpt-oss-20b:free on Nov 20, 2025