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Ending Corporate Greed Act

USA118th CongressHR-8797| House 
| Updated: 6/21/2024
Jamaal Bowman

Jamaal Bowman

Democratic Representative

New York

Cosponsors (4)
Delia C. Ramirez (Democratic)Pramila Jayapal (Democratic)Janice D. Schakowsky (Democratic)Rashida Tlaib (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Ending Corporate Greed Act This bill imposes a tax through 2026 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.
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Timeline

Bill from Previous Congress

HR 117-7443
Ending Corporate Greed Act
Jun 21, 2024
Introduced in House
Jun 21, 2024
Referred to the House Committee on Ways and Means.
Jul 9, 2024

Latest Companion Bill Action

S 118-4642
Introduced in Senate
  • Bill from Previous Congress

    HR 117-7443
    Ending Corporate Greed Act


  • June 21, 2024
    Introduced in House


  • June 21, 2024
    Referred to the House Committee on Ways and Means.


  • July 9, 2024

    Latest Companion Bill Action

    S 118-4642
    Introduced in Senate

Taxation

Related Bills

  • S 118-4642: Ending Corporate Greed Act

Ending Corporate Greed Act

USA118th CongressHR-8797| House 
| Updated: 6/21/2024
Ending Corporate Greed Act This bill imposes a tax through 2026 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

Bill from Previous Congress

HR 117-7443
Ending Corporate Greed Act
Jun 21, 2024
Introduced in House
Jun 21, 2024
Referred to the House Committee on Ways and Means.
Jul 9, 2024

Latest Companion Bill Action

S 118-4642
Introduced in Senate
  • Bill from Previous Congress

    HR 117-7443
    Ending Corporate Greed Act


  • June 21, 2024
    Introduced in House


  • June 21, 2024
    Referred to the House Committee on Ways and Means.


  • July 9, 2024

    Latest Companion Bill Action

    S 118-4642
    Introduced in Senate
Jamaal Bowman

Jamaal Bowman

Democratic Representative

New York

Cosponsors (4)
Delia C. Ramirez (Democratic)Pramila Jayapal (Democratic)Janice D. Schakowsky (Democratic)Rashida Tlaib (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 118-4642: Ending Corporate Greed Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted