Legis Daily

Ending Corporate Greed Act

USA117th CongressS-3933| Senate 
| Updated: 3/28/2022
Bernard Sanders

Bernard Sanders

Independent Senator

Vermont

Cosponsors (1)
Edward J. Markey (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 28, 2022
Introduced in Senate
Mar 28, 2022
Read twice and referred to the Committee on Finance.
Apr 7, 2022

Latest Companion Bill Action

HR 117-7443
Introduced in House
  • March 28, 2022
    Introduced in Senate


  • March 28, 2022
    Read twice and referred to the Committee on Finance.


  • April 7, 2022

    Latest Companion Bill Action

    HR 117-7443
    Introduced in House

Taxation

Related Bills

  • HR 117-7443: Ending Corporate Greed Act

Ending Corporate Greed Act

USA117th CongressS-3933| Senate 
| Updated: 3/28/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 28, 2022
Introduced in Senate
Mar 28, 2022
Read twice and referred to the Committee on Finance.
Apr 7, 2022

Latest Companion Bill Action

HR 117-7443
Introduced in House
  • March 28, 2022
    Introduced in Senate


  • March 28, 2022
    Read twice and referred to the Committee on Finance.


  • April 7, 2022

    Latest Companion Bill Action

    HR 117-7443
    Introduced in House
Bernard Sanders

Bernard Sanders

Independent Senator

Vermont

Cosponsors (1)
Edward J. Markey (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 117-7443: Ending Corporate Greed Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted