Ending Corporate Greed Act
United States117th CongressHR-7443House of Representatives
Updated: Apr 7, 2022
Summary
Ending Corporate Greed Act This bill imposes a tax through 2024 on certain corporations (corporations other than regulated investment companies, real estate investment trusts, or S corporations) that have average annual gross receipts for a three-year period of at least $500 million. The tax is 95% of what are deemed excess profits for a taxable year.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
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