Senate bill · 119th Congress · Latest step: Introduced
Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
Official title: A bill to amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes.
Sponsor: Sen. John Reed D-RIWhere it went
- IntroducedMay 1, 2025
- Committee action—
- Passed Senate—
- Passed House—
- To the President—
- Became law—
Latest action: May 1, 2025 — Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2738-2739)
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
8 cosponsors — 7 Democrats, 1 independent
0 of 8 cosponsors (0%) are from the other party.
Angela Alsobrooks (D-MD), Tammy Baldwin (D-WI), Richard Blumenthal (D-CT), Jeff Merkley (D-OR), Bernie Sanders (I-VT), Chris Van Hollen (D-MD), Elizabeth Warren (D-MA), Sheldon Whitehouse (D-RI).
More from the sponsor
Other 119th Congress bills sponsored by Sen. John Reed.
- S. 1467 (119th) Homebuyers Privacy Protection Act
- S.Res. 694 (119th) A resolution designating April 2026 as "Financial Literacy Month".
- S.Res. 193 (119th) A resolution designating April 2025 as "Financial Literacy Month".
- S.Res. 394 (119th) A resolution designating September 2025 as "National Literacy Month".
- S.Res. 926 (119th) A resolution designating September 2026 as "National Literacy Month".
- S.Res. 361 (119th) A resolution designating August 16, 2025, "National Airborne Day".
Related bills
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.