Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
USA117th CongressS-178| Senate
| Updated: 2/2/2021
Jack Reed
Democratic Senator
Rhode Island
Cosponsors (7)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S251)
Taxation
Administrative law and regulatory proceduresBusiness expensesCorporate finance and managementDepartment of the TreasuryIncome tax deductionsWages and earnings
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
USA117th CongressS-178| Senate
| Updated: 2/2/2021
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S251)
Jack Reed
Democratic Senator
Rhode Island
Cosponsors (7)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBusiness expensesCorporate finance and managementDepartment of the TreasuryIncome tax deductionsWages and earnings