Politiparty
Politiparty

118th Congress Taxation

S. 3155: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Introduced

  1. Introduced (completed)Oct 26, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Oct 26, 2023

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

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

7

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1John Reed D-RI SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by John Reed

History

  1. Oct 26, 2023Introduced in the Senate by John Reed.
Show the full action history (2 actions)
  1. Oct 26, 2023Introduced in Senate
  2. Oct 26, 2023Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)