# 119-s-4796: Stock Buyback Accountability Act of 2026

119-s-4796, Stock Buyback Accountability Act of 2026, is a 119th Congress bill sponsored by Sen. Schumer, Charles E. [D-NY] (D-NY); status introduced; PRIA reads it as touching household money (as of 2026-09-16).

- Canonical: https://policyrisk.com/legislation/119-s-4796
- As of: 2026-09-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4796
- Congress: 119
- Title: Stock Buyback Accountability Act of 2026
- Status: introduced
- Introduced: 2026-06-16
- Sponsor: Sen. Schumer, Charles E. [D-NY] (D-NY)
- Cosponsors: 7
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-16

## Summary

**Would raise the federal excise tax on corporate stock repurchases from 1% to 4%**. It would also carve out an exemption for the portion of stock issued to certain high-paid individuals and set prorated transition rules around enactment.

## Cosponsors (7)

- Sen. Wyden, Ron [D-OR] (D-OR), 2026-06-16T00:00:00.000Z
- Sen. Warren, Elizabeth [D-MA] (D-MA), 2026-06-16T00:00:00.000Z
- Sen. Reed, Jack [D-RI] (D-RI), 2026-06-16T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2026-06-16T00:00:00.000Z
- Sen. Markey, Edward J. [D-MA] (D-MA), 2026-06-16T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2026-06-16T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2026-09-14T00:00:00.000Z

## Provisions PRIA read

- Higher buyback tax for corporations: mixed, medium. If enacted, this bill would raise the excise tax on corporate stock repurchases from 1% to 4% for repurchases after the date of enactment. If a taxable year includes the enactment date, the bill would prorate the rule by days in that year to split pre-enactment and post-enactment buybacks. The bill…

## Related bills

- 119-s-2823: FAMILY Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act

## Sources
- [119-s-4796 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4796)

## Related
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4796 (as of 2026-09-16).