PoliticalRepoPoliticalRepo

United States · Bill · S

S. 3155 (118th)

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

referredUnited States· United States Congress· EN

Introduced

26 October 2023

Last action

26 October 2023 · Introduced

Status

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)

Sponsors

John Reed, Richard Blumenthal, Sheldon Whitehouse, Tammy Baldwin, Elizabeth Warren, Jeff Merkley, Chris Van Hollen, Bernie Sanders

Subjects

Taxation

Source updated

5 December 2025

Taxation

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 October 2023

    Introduced

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5216)

    Source: IntroReferral

  2. 26 October 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.