S 3933 · 117th Congress · Taxation

Ending Corporate Greed Act

Introduced 2022-03-28· Sponsored by Sen. Sanders, Bernard [I-VT]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2022-03-28)

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 (1)

1 Democrat
Sen. Markey, Edward J. [D-MA]MA