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HOUSE 324118th CongressReferred to the House Committee on Education and the Workforce.

Expressing support for the staff of this Nation's public, school, academic, and special libraries and the essential services they provide to our communities, recognizing the need for funding commensurate with the broad scope of social services and community supports provided by libraries, preserving the right of all citizens to freely access information and resources in their communities, supporting a strong union voice for library workers, and defending the civil rights of library staff.

Last Action
4/25/2023

Actions

  • 2023-01-12Referred to the House Committee on Ways and Means.
  • 2023-01-12Introduced in House
  • 2023-01-12Introduced in House

CRS Summary

As of 2023-01-12 (00)

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.

Cosponsors (20)

  • EARL BLUMENAUER (D-OR)
  • Judy Chu (D-CA)
  • David Cicilline (D-RI)
  • Steve Cohen (D-TN)
  • ROSA DELAURO (D-CT)
  • Mark DeSaulnier (D-CA)
  • Adriano Espaillat (D-NY)
  • John Garamendi (D-CA)
  • Raúl Grijalva (D-AZ)
  • Gwen Moore (D-WI)
  • Mark Pocan (D-WI)
  • JANICE SCHAKOWSKY (D-IL)
  • Bonnie Watson Coleman (D-NJ)
  • Jamie Raskin (D-MD)
  • Jamaal Bowman (D-NY)
  • Susan Wild (D-PA)
  • Greg Casar (D-TX)
  • Katie Porter (D-CA)
  • Henry Johnson (D-GA)
  • Mark Takano (D-CA)

Subjects

  • Administrative law and regulatory procedures
  • Business expenses
  • Corporate finance and management
  • Department of the Treasury
  • Income tax deductions
  • Wages and earnings
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.