; applicable dollar amount Section 11 of such Code is amended by adding at the end the following: (e) Applicable percentage For purposes of this section— (1) Applicable percentage The term applicable percentage means— (A) 32 percent in the case of taxable years beginning in 2018, (B) 31 percent in the case of taxable years beginning in 2019, (C) 30 percent in the case of taxable years beginning in 2020, (D) 29 percent in the case of taxable years beginning in 2021, and (E) 28 percent in the case of taxable years beginning after 2021. (2) Applicable dollar amount The term applicable dollar amount means— (A) $6,750 in the case of taxable years beginning in 2018, (B) $5,500 in the case of taxable years beginning in 2019, (C) $5,000 in the case of taxable years beginning in 2020, (D) $4,500 in the case of taxable years beginning in 2021, and (E) $4,000 in the case of taxable years beginning after 2021. . (c) Conforming amendments (1) Section 11(b)(2) of such Code is amended by striking 35 percent and inserting the applicable percentage . (2) Section 1201(a) of such Code is amended— (A) by striking 35 percent both places it appears and inserting the applicable percentage , and (B) by striking 2 sentences and inserting sentence . (3) Section 1445(e) of such Code is amended by striking 35 percent each places it occurs and inserting the applicable percentage . (d) Effective date (1) In general Except as otherwise provided in this subsection, the amendments made by this section shall apply to taxable years beginning after December 31, 2017. (2) Withholding The amendments made by subsection (b)(4) shall apply to distributions made after December 31, 2017. 6. Public disclosure of revenues and expenditures (a) Establishment of website The Secretary of the Treasury, or the Secretary's designee, shall establish a website for purposes of making the disclosures described in subsection (b). (b) Disclosures The Secretary shall make publicly available, on an ongoing basis and as frequently as possible, information regarding the