United States · Bill · S
S. 4642 (118th)
Ending Corporate Greed Act
Introduced
9 July 2024
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Ending Corporate Greed Act This bill imposes a tax through 2026 on certain corporations (corporations other than regulated investment companies, real estate investment trusts, or S corporations) that have average annual gross receipts for a three-year period of at least $500 million. The tax is 95% of what are deemed excess profits for a taxable year.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 9 July 2024
Introduced in Senate (PDF)
Introduced in Senate · EN · 9 July 2024
Introduced in Senate
summary · EN · 9 July 2024
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/4642
- Open data entity: https://api.congress.gov/v3/bill/118/s/4642