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".
On calendar: it can still change before the session ends.
- Stage
- On calendar
- Started in
- Senate
- Latest action
- Feb 10, 2026
What it does
This joint resolution seeks to disapprove an Internal Revenue Service rule that provides interim guidance on applying the corporate alternative minimum tax to partnerships. If enacted, it would nullify IRS Notice 2025–28, which simplifies how partnerships calculate and apply the corporate alternative minimum tax. The resolution affects businesses structured as partnerships that rely on this IRS guidance for tax compliance. The Senate rejected a motion to proceed with consideration of the measure on November 18, 2025, by a vote of 47–51.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.