S 1375
112th Congress
Senate
Taxation
Employee benefits and pensions
Income tax deductions
Securities
Ending Excessive Corporate Deductions for Stock Options Act
Introduced: July 14, 2011
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2011
Read twice and referred to the Committee on Finance.
Jul 14, 2011
Sponsor introductory remarks on measure. (CR S4616-4620)
Jul 14, 2011
Introduced in Senate
Plain-English summary
Ending Excessive Corporate Deductions for Stock Options Act - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for stock options granted to its employees to the value of such options as recorded on the employer's books at the time such options are granted; and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1