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S. 4011 118th Congress Senate

Stop Subsidizing Giant Mergers Act

Official title: A bill to amend the Internal Revenue Code of 1986 to end the tax-free treatment of certain corporate reorganizations that involve large corporations.

Introduced: March 21, 2024 Introduced by: Sheldon Whitehouse Democratic · Rhode Island See on congress.gov
Taxation
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Mar 21, 2024
Read twice and referred to the Committee on Finance.
Mar 21, 2024
Introduced in Senate
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 Latest action March 21, 2024

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Stop Subsidizing Giant Mergers Act 

This bill eliminates the deferral of tax for shareholders who receive stock through corporate mergers, acquisitions, or transfers involving corporations with annual gross receipts exceeding $500 million over the three preceding taxable year period.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4011: Stop Subsidizing Giant Mergers Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-4011/
MLA
"S. 4011: Stop Subsidizing Giant Mergers Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-4011/.
Bluebook (legal)
S. 4011, 118th Cong. (2026), https://openamerica.io/bill/118-S-4011/.
Markdown link
[S. 4011: Stop Subsidizing Giant Mergers Act](https://openamerica.io/bill/118-S-4011/)
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