Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 638: Disclosure of Tax Havens and Offshoring Act

Introduced

  1. Introduced (completed)Mar 2, 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, Mar 2, 2023

This bill requires certain members of a multinational enterprise group that are also issuers of securities to annually disclose information related to the tax jurisdiction, income, and assets of their constituent entities on a country-by-country basis. (Multinational enterprise groups have two or more entities with different tax jurisdictions.)

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

11

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Chris Van Hollen D-MD 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 Chris Van Hollen

History

  1. Mar 2, 2023Introduced in the Senate by Chris Van Hollen.
Show the full action history (3 actions)
  1. Sep 12, 2023Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-475.
  2. Mar 2, 2023Introduced in Senate
  3. Mar 2, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.