S. 1576 Introduced Taxation

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

A bill to amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Reed, Jack [D-RI] Introduced May 1, 2025 Cosponsors 8 (7 D, 1 I) Latest action May 1, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. May 1, 2025 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2738-2739)
  2. May 1, 2025 Introduced in Senate

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