Stop Corporate Inversions Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3847 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3847 To amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 11, 2026 Mr. Durbin (for himself, Mr. Reed, Mr. Van Hollen, Ms. Warren, Mr. Whitehouse, Mr. Blumenthal, Ms. Duckworth, Ms. Hirono, Mr. Sanders, and Ms. Baldwin) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stop Corporate Inversions Act of 2026''. SEC. 2. MODIFICATIONS TO RULES RELATING TO INVERTED CORPORATIONS. (a) In General.--Subsection (b) of section 7874 of the Internal Revenue Code of 1986 is amended to read as follows: `…