H.R.2103: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

About This Bill

  • Introduced April 29, 2015
  • Latest Major Action April 29, 2015

Bill Summary

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act Amends the Internal Revenue Code, with respect to the $1 million limitation on the deductibility of employee compensation, to: (1) extend such limitation to any individual who is a current or former officer, director, or employee of a publicly-held corporation; (2) eliminate the exemption from such limitation for compensation payable on a commission basis or upon the attainment of a...

(Source: Congressional Research Service)

Bill Actions

Date Description
April 29, 2015
Referred to the House Committee on Ways and Means.
April 29, 2015

Introduced in the House by Lloyd Doggett (D-Texas)

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