Legis Daily

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

USA118th CongressS-3155| Senate 
| Updated: 10/26/2023
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (7)
Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

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

Bill from Previous Congress

S 116-2268
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Bill from Previous Congress

S 117-178
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
Jan 12, 2023

Latest Companion Bill Action

HR 118-324
Introduced in House
Oct 26, 2023
Introduced in Senate
Oct 26, 2023
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)
  • Bill from Previous Congress

    S 116-2268
    Stop Subsidizing Multimillion Dollar Corporate Bonuses Act


  • Bill from Previous Congress

    S 117-178
    Stop Subsidizing Multimillion Dollar Corporate Bonuses Act


  • January 12, 2023

    Latest Companion Bill Action

    HR 118-324
    Introduced in House


  • October 26, 2023
    Introduced in Senate


  • October 26, 2023
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)

Taxation

Related Bills

  • HR 118-324: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

USA118th CongressS-3155| Senate 
| Updated: 10/26/2023
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 Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-2268
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Bill from Previous Congress

S 117-178
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
Jan 12, 2023

Latest Companion Bill Action

HR 118-324
Introduced in House
Oct 26, 2023
Introduced in Senate
Oct 26, 2023
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)
  • Bill from Previous Congress

    S 116-2268
    Stop Subsidizing Multimillion Dollar Corporate Bonuses Act


  • Bill from Previous Congress

    S 117-178
    Stop Subsidizing Multimillion Dollar Corporate Bonuses Act


  • January 12, 2023

    Latest Companion Bill Action

    HR 118-324
    Introduced in House


  • October 26, 2023
    Introduced in Senate


  • October 26, 2023
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (7)
Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 118-324: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted