Ending Excessive Corporate Deductions for Stock Options Act

Summary

Ending Excessive Corporate Deductions for Stock Options Act - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for stock options granted to its employees to the value of such options as recorded on the employer's books at the time such options are granted; and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.

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Timeline

1. 14 July 2011

   Introduced

   Sponsor introductory remarks on measure. (CR S4616-4620)

   Source: IntroReferral

2. 14 July 2011

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 14 July 2011

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 14 July 2011 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 14 July 2011

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 July 2011

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 July 2011

  Open at official source

Sponsors

• Sen. Levin, Carl [D-MI] · D · Sponsor
• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Sen. McCaskill, Claire [D-MO] · D · Cosponsor
• Sheldon Whitehouse · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to ← CUT Loopholes Act