Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.1375
S.1375: Ending Excessive Corporate Deductions for Stock Options Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced July 14, 2011
- Latest Major Action July 14, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill 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.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
July 14, 2011 |
Introduced in the Senate by Carl Levin (D-Mich.) |