Ending Corporate Greed Act

United States118th CongressS-4642Senate
Updated: Jul 9, 2024

Summary

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.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-8797: Ending Corporate Greed Act

Referred to the House Committee on Ways and Means.

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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