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HR 399 115th Congress House

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Official title: To amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes.

Introduced: January 10, 2017 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov
Taxation Administrative law and regulatory proceduresCorporate finance and managementDepartment of the TreasuryIncome tax deductionsWages and earnings
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 10, 2017
Referred to the House Committee on Ways and Means.
Jan 10, 2017
Introduced in House
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 Latest action January 10, 2017

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

This bill amends the Internal Revenue Code, with respect to the $1 million limitation on the deductibility of employee compensation, to: (1) extend such limitation to any individual who is a current or former officer, director, or employee of a publicly-held corporation; (2) eliminate the exemption from such limitation for compensation payable on a commission basis or upon the attainment of a performance goal; and (3) make such limitation applicable to all publicly-held corporations that are required by the Securities and Exchange Commission to register securities and provide periodic reports to their investors.

 Related & companion bills 1
  • S 82 Identical bill Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 27
All 27 Democratic 26
D
Espaillat, Adriano
New York · Nov 28, 2017
 D
Johnson, Henry C. "Hank"
Georgia · Nov 28, 2017
 D
Soto, Darren
Florida · Nov 28, 2017
 D
Takano, Mark
California · Nov 28, 2017
 D
Torres, Norma J.
California · Sep 8, 2017
 D
Chu, Judy
California · Jul 20, 2017
 D
Khanna, Ro
California · Jul 20, 2017
 D
Lofgren, Zoe
California · Jan 24, 2017
 D
Beyer, Donald S.
Virginia · Jan 10, 2017
 D
Brownley, Julia
California · Jan 10, 2017
 D
DeLauro, Rosa L.
Connecticut · Jan 10, 2017
 D
DeSaulnier, Mark
California · Jan 10, 2017
 D
Gallego, Ruben
Arizona · Jan 10, 2017
 D
Garamendi, John
California · Jan 10, 2017
 D
Huffman, Jared
California · Jan 10, 2017
 D
Kaptur, Marcy
Ohio · Jan 10, 2017
 D
Lieu, Ted
California · Jan 10, 2017
 D
McGovern, James P.
Massachusetts · Jan 10, 2017
 D
Moore, Gwen
Wisconsin · Jan 10, 2017
 D
Norton, Eleanor Holmes
District of Columbia · Jan 10, 2017
 D
Pocan, Mark
Wisconsin · Jan 10, 2017
 D
Raskin, Jamie
Maryland · Jan 10, 2017
 D
Schakowsky, Janice D.
Illinois · Jan 10, 2017
 D
Tonko, Paul
New York · Jan 10, 2017
 D
Velázquez, Nydia M.
New York · Jan 10, 2017
VISCLOSKY, PETER
· Jan 10, 2017
 D
Watson Coleman, Bonnie
New Jersey · Jan 10, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 399: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-399/
MLA
"H.R. 399: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-399/.
Bluebook (legal)
H.R. 399, 115th Cong. (2026), https://openamerica.io/bill/115-HR-399/.
Markdown link
[H.R. 399: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act](https://openamerica.io/bill/115-HR-399/)
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