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117-hr-7443117th Congress

Ending Corporate Greed Act

Sponsored By: Representative Bowman, Jamaal [D-NY-16]

Unknown

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Bowman, Jamaal [D-NY-16]

NY • D

Cosponsors

  • Rep. Tlaib, Rashida [D-MI-12]

    MI • D

    Sponsored 4/7/2022

  • Rep. Newman, Marie [D-IL-3]

    IL • D

    Sponsored 4/7/2022

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 4/7/2022

  • Rep. Jayapal, Pramila [D-WA-7]

    WA • D

    Sponsored 4/7/2022

Roll Call Votes

No roll call votes available for this bill.

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