Stop Subsidizing Giant Mergers Act
United States118th CongressS-4011Senate
Updated: Mar 21, 2024
Summary
Stop Subsidizing Giant Mergers Act This bill eliminates the deferral of tax for shareholders who receive stock through corporate mergers, acquisitions, or transfers involving corporations with annual gross receipts exceeding $500 million over the three preceding taxable year period.
Bill texts
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Timeline
Read twice and referred to the Committee on Finance.
Senate
Introduced in Senate
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