HR 7443 · 117th Congress · Taxation

Ending Corporate Greed Act

Introduced 2022-04-07· Sponsored by Rep. Bowman, Jamaal [D-NY-16]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2022-04-07)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

4 Democrats
Rep. Tlaib, Rashida [D-MI-13]MI
Rep. Newman, Marie [D-IL-3]IL
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Jayapal, Pramila [D-WA-7]WA