US SB4318 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 26 2022 - 25% progression, died in committee
Action: 2022-05-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 26 2022 - 25% progression, died in committee
Action: 2022-05-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to disallow any deduction for punitive damages, and for other purposes.
Title
No Tax Write-offs for Corporate Wrongdoers Act
Sponsors
| Sen. Patrick Leahy [D-VT] | Sen. Kirsten Gillibrand [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-05-26 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/4318/all-info |
| Text | https://www.congress.gov/117/bills/s4318/BILLS-117s4318is.pdf |
