Bill118th CongressFiled Jan 25, 2023Taxation
H.R. 515
Protecting American Savers and Retirees Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 25, 2023)
Protecting American Savers and Retirees Act
This bill repeals the 1% excise tax on the repurchase of corporate stock enacted by the Inflation Reduction Act of 2022.
What just happenedJan 25, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Kustoff, David [R-TN-8](R-TN)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions
- Introduced in HouseJan 25, 2023
- Jan 25, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 25, 2023IntroReferralIntro-H
Introduced in House
- Jan 25, 2023IntroReferral1000
Introduced in House