Skip to main content
HR 697 117th Congress House Taxation Administrative law and regulatory procedures Business expenses Corporate finance and management Department of the Treasury Income tax deductions Wages and earnings

Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

Introduced: February 2, 2021 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Feb 2, 2021
Referred to the House Committee on Ways and Means.
Feb 2, 2021
Introduced in House
 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 Subsidizing Multimillion Dollar Corporate Bonuses Act

This bill extends the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations.

What's happening now February 2, 2021

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 178 Identical bill Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 16
All 16 Democratic 11
D
Pocan, Mark
Wisconsin · Jun 1, 2021
 D
Chu, Judy
California · Apr 14, 2021
 D
Raskin, Jamie
Maryland · Apr 14, 2021
Blumenauer, Earl
· Feb 2, 2021
Cicilline, David
· Feb 2, 2021
 D
Cohen, Steve
Tennessee · Feb 2, 2021
DEFAZIO, PETER
· Feb 2, 2021
 D
DeLauro, Rosa L.
Connecticut · Feb 2, 2021
 D
DeSaulnier, Mark
California · Feb 2, 2021
 D
Espaillat, Adriano
New York · Feb 2, 2021
 D
Garamendi, John
California · Feb 2, 2021
 D
Grijalva, Raúl M.
Arizona · Feb 2, 2021
 D
Moore, Gwen
Wisconsin · Feb 2, 2021
PRICE, DAVID
· Feb 2, 2021
 D
Schakowsky, Janice D.
Illinois · Feb 2, 2021
 D
Watson Coleman, Bonnie
New Jersey · Feb 2, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 697: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-697/
MLA
"H.R. 697: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-697/.
Bluebook (legal)
H.R. 697, 117th Cong. (2026), https://openamerica.io/bill/117-HR-697/.
Markdown link
[H.R. 697: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act](https://openamerica.io/bill/117-HR-697/)
Report a problem