HR. 1062In Committee
Growing and Preserving Innovation in America Act of 2025
Plain-English overview
What this bill does
Makes permanent the higher federal tax deduction rates for domestic corporations' foreign-derived intangible income and GILTI
Key points
- Extend FDII deduction rates
- Extend GILTI deduction rates
Current status
Where it stands
Status
In Committee
Latest action
2025-02-06 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
Select a topic to continue exploring related legislation, members, and committees.
Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.