Bill117th CongressFiled Apr 7, 2022Taxation
H.R. 7443
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 house (Apr 7, 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 happenedApr 7, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Bowman, Jamaal [D-NY-16](D-NY)Sponsor
4 cosponsors4 D
4cosponsors1committees3actions1related bills
- Introduced in HouseApr 7, 2022
- Apr 7, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 7, 2022IntroReferralIntro-H
Introduced in House
- Apr 7, 2022IntroReferral1000
Introduced in House