2025-2026 Regular Session • US Congress Legislature
SB409: No Tax Breaks for Outsourcing Act
Legislative Summary
A bill to amend the Internal Revenue Code of 1986 to provide for current year inclusion of net CFC tested income, and for other purposes.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
2/5/2025
Read twice and referred to the Committee on Finance.
Senate
Status Information
Current Status
Introduced(2/5/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Democrat: 20
Primary Sponsor
Sheldon Whitehouse
Democrat
Co-Sponsors (19)
Richard Durbin
Democrat
Christopher Murphy
Democrat
Jack Reed
Democrat
Tammy Baldwin
Democrat
Elizabeth Warren
Democrat
Jeff Merkley
Democrat
Edward Markey
Democrat
Brian Schatz
Democrat
John Fetterman
Democrat
Richard Blumenthal
Democrat
Chris Van Hollen
Democrat
Ruben Gallego
Democrat
Mazie Hirono
Democrat
Martin Heinrich
Democrat
Cory Booker
Democrat
Tina Smith
Democrat
Tammy Duckworth
Democrat
Peter Welch
Democrat
Ben Lujan
Democrat