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United States · Bill · S

S. 4011 (118th)

Stop Subsidizing Giant Mergers Act

referredUnited States· United States Congress· EN

Introduced

21 March 2024

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

24 July 2024

Summary

Stop Subsidizing Giant Mergers Act  This bill eliminates the deferral of tax for shareholders who receive stock through corporate mergers, acquisitions, or transfers involving corporations with annual gross receipts exceeding $500 million over the three preceding taxable year period.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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