Legis Daily

A bill to amend the Internal Revenue Code of 1986 to increase the rate of the excise tax on the repurchase of corporate stock, and for other purposes.

USA119th CongressS-4796| Senate 
| Updated: 6/16/2026
Charles E. Schumer

Charles E. Schumer

Democratic Senator

New York

Cosponsors (6)
Edward J. Markey (Democratic)Jack Reed (Democratic)Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Ron Wyden (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Timeline
Jun 16, 2026
Introduced in Senate
Jun 16, 2026
Read twice and referred to the Committee on Finance.
  • June 16, 2026
    Introduced in Senate


  • June 16, 2026
    Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to increase the rate of the excise tax on the repurchase of corporate stock, and for other purposes.

USA119th CongressS-4796| Senate 
| Updated: 6/16/2026
Timeline
Jun 16, 2026
Introduced in Senate
Jun 16, 2026
Read twice and referred to the Committee on Finance.
  • June 16, 2026
    Introduced in Senate


  • June 16, 2026
    Read twice and referred to the Committee on Finance.
Charles E. Schumer

Charles E. Schumer

Democratic Senator

New York

Cosponsors (6)
Edward J. Markey (Democratic)Jack Reed (Democratic)Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Ron Wyden (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted