HR 3970 · 116th Congress 2019–2021, ended

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Introduced Jul 25, 2019 Originated House Sponsor Lloyd Doggett D-TX

Fact sheet

Latest action · Jul 25, 2019 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJul 25, 2019
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

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.

Cosponsors 35

Members who signed on, in the order they did. All signed on Jul 25, 2019.

Seat	Cosponsor		Signed on
D-NY	Adriano Espaillat	Original	Jul 25, 2019
D-CA	Alan S. Lowenthal	Original	Jul 25, 2019
D-NY	Alexandria Ocasio-Cortez	Original	Jul 25, 2019
D-CA	Barbara Lee	Original	Jul 25, 2019
D-NJ	Bill Pascrell, Jr.	Original	Jul 25, 2019
D-IL	Bobby L. Rush	Original	Jul 25, 2019
D-NJ	Bonnie Watson Coleman	Original	Jul 25, 2019
D-NY	Brian Higgins	Original	Jul 25, 2019
D-NC	David E. Price	Original	Jul 25, 2019
D-IA	David Loebsack	Original	Jul 25, 2019
D-RI	David N. Cicilline	Original	Jul 25, 2019
D-VA	Donald S. Beyer, Jr.	Original	Jul 25, 2019
D-OR	Earl Blumenauer	Original	Jul 25, 2019
D-DC	Eleanor Holmes Norton	Original	Jul 25, 2019
D-CA	Grace F. Napolitano	Original	Jul 25, 2019

Show all 35 cosponsors

Actions 2

Everything that happened, newest first.

Jul 25, 2019Introduced in House
Jul 25, 2019Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 2268	Stop Subsidizing Multimillion Dollar Corporate Bonuses Act	Identical bill	Jul 25, 2019

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Jul 25, 2019Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.