H.R.3140

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Introduced·5/1/25
Introduced

H. R. 3140

Introduced in House · May 10, 2025

May 1, 2025

Mr. Doggett (for himself, Mr. Casar, Ms. Chu, Mr. Cohen, Ms. DeLauro, Mr. Deluzio, Mr. Espaillat, Mr. Garamendi, Mr. García of Illinois, Mr. Johnson of Georgia, Ms. Lee of Pennsylvania, Mr. Magaziner, Ms. Moore of Wisconsin, Ms. Norton, Mr. Raskin, Ms. Salinas, Ms. Schakowsky, Ms. Stansbury, Mr. Takano, Ms. Tlaib, Ms. Tokuda, and Mrs. Watson Coleman) introduced the following bill; which was referred to the Committee on Ways and Means

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Stop Subsidizing Multimillion Dollar Corporate Bonuses Act”.