Bill117th CongressFiled Mar 28, 2022Taxation
S. 3933
Ending Corporate Greed Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Mar 28, 2022)
Ending Corporate Greed Act
This bill imposes a tax through 2024 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.
What just happenedMar 28, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Sanders, Bernard [I-VT](I-VT)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills
- Introduced in SenateMar 28, 2022
- Mar 28, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 28, 2022IntroReferral10000
Introduced in Senate