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H.R. 3970 · 116th Congress

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.

What it does: CRS summary · Introduced in House · Jul 25, 2019

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Latest action (Jul 25, 2019): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jul 25, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.