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S. 178 · 117th 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 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JRD ReedSponsor
7 cosponsors · 7 D

7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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 Senate · Feb 2, 2021

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 (Feb 2, 2021): Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S251)

Policy area: Taxation · Origin: Senate · Introduced: Feb 2, 2021

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

No recorded floor vote found.