# 115-hr-3603: Stop Corporate Earnings Stripping Act of 2017

115-hr-3603, Stop Corporate Earnings Stripping Act of 2017, is a 115th Congress bill sponsored by SANDER LEVIN (D-MI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3603
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3603
- Congress: 115
- Title: Stop Corporate Earnings Stripping Act of 2017
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2017-07-28
- Sponsor: SANDER LEVIN (D-MI)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Stop Corporate Earnings Stripping Act of 2017 This bill amends the Internal Revenue Code to limit the tax deduction available to certain foreign-controlled U.S. multinational corporations for excess interest on debt incurred by such corporations (i.e., earnings stripping) by: (1) repealing the debt-to-equity ratio threshold required for such deduction, (2) reducing the permitted net interest expense threshold from 50% to 25% of the corporation's adjusted taxable income, (3) repealing the excess limitation carryforward, and (4) limiting to five years the carryforward of disallowed interest expenses with respect to amounts paid or incurred before, on, or after the date of enactment of this bill.

## Cosponsors (1)

- Rep. Thompson, Mike [D-CA-4] (D-CA), 2017-07-28T00:00:00.000Z

## Related bills

- 115-hr-6505: Medicare Negotiation and Competitive Licensing Act of 2018
- 115-hr-6239: DISCLOSE Act of 2018
- 115-hr-6135: Keep Families Together Act
- 115-hr-5888: Improving Access to Good Jobs for Parents Act
- 115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018
- 115-hr-4541: CHAMPION KIDS Act of 2017

## Sources
- [115-hr-3603 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3603)

## Related
- [115-hr-6505: Medicare Negotiation and Competitive Licensing Act of 2018](https://policyrisk.com/legislation/115-hr-6505)
- [115-hr-6239: DISCLOSE Act of 2018](https://policyrisk.com/legislation/115-hr-6239)
- [115-hr-6135: Keep Families Together Act](https://policyrisk.com/legislation/115-hr-6135)
- [115-hr-5888: Improving Access to Good Jobs for Parents Act](https://policyrisk.com/legislation/115-hr-5888)
- [115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018](https://policyrisk.com/legislation/115-hr-4547)
- [115-hr-4541: CHAMPION KIDS Act of 2017](https://policyrisk.com/legislation/115-hr-4541)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3603 (as of 2025-11-18).