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- H.R.399
H.R.399: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
About This Bill
- Introduced Jan. 10, 2017
- Latest Major Action Jan. 10, 2017
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
55 (All Democrats)
Bill Version
- Introduced in House - Jan. 10, 2017
Bill Summary
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act This bill 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Jan. 10, 2017 |
Referred to the House Committee on Ways and Means.
|
Jan. 10, 2017 |
Introduced in the House by Lloyd Doggett (D-Texas) |