2025-2026 Regular Session • US Congress Legislature
SB1576: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
Legislative Summary
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.
Bill History
5/1/2025
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2738-2739: 3)
Senate
Status Information
Current Status
Introduced(5/1/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Democrat: 7
Independent: 1
Primary Sponsor
Jack Reed
Democrat