Senate Bill 178
117th Congress(2021-2022)
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
Introduced
Introduced in Senate on Feb 2, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
178
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
February 2, 2021
02/02/2021
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S251)
02/02/2021
Introduced in Senate
Public Record
Record Updated
May 11, 2023 3:45:15 PM