A bill to amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive remuneration, and for other purposes.
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.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5110)
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