Skip to main content
S 1636 115th Congress Senate Taxation Administrative law and regulatory procedures Corporate finance and management Department of the Treasury Foreign and international corporations Income tax rates Taxation of foreign income

Stop Corporate Inversions Act of 2017

Introduced: July 26, 2017 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
Sign in to write a letter Sign in to watch
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
Jul 26, 2017
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4301-4302)
Jul 26, 2017
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Stop Corporate Inversions Act of 2017

This bill amends the Internal Revenue Code to revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States). The bill provides that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition: (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.

 

What's happening now July 26, 2017

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4301-4302)

 Related & companion bills 5
  • HR 5108 Related bill No Tax Breaks for Outsourcing Act
  • S 2459 Related bill No Tax Breaks for Outsourcing Act
  • HR 3314 Related bill 100 by '50 Act
  • S 987 Related bill 100 by '50 Act
  • HR 3434 Identical bill Stop Corporate Inversions Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 8
D
Baldwin, Tammy
Wisconsin · Aug 2, 2017
 D
Duckworth, Tammy
Illinois · Jul 26, 2017
 D
Hirono, Mazie K.
Hawaii · Jul 26, 2017
 D
Merkley, Jeff
Oregon · Jul 26, 2017
 D
Reed, Jack
Rhode Island · Jul 26, 2017
 D
Van Hollen, Chris
Maryland · Jul 26, 2017
 D
Warren, Elizabeth
Massachusetts · Jul 26, 2017
 D
Whitehouse, Sheldon
Rhode Island · Jul 26, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1636: Stop Corporate Inversions Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-1636/
MLA
"S. 1636: Stop Corporate Inversions Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1636/.
Bluebook (legal)
S. 1636, 115th Cong. (2026), https://openamerica.io/bill/115-S-1636/.
Markdown link
[S. 1636: Stop Corporate Inversions Act of 2017](https://openamerica.io/bill/115-S-1636/)
Report a problem