Skip to main content
S 638 118th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Foreign and international corporations Securities Securities and Exchange Commission (SEC) Tax administration and collection, taxpayers Taxation of foreign income

Disclosure of Tax Havens and Offshoring Act

Introduced: March 2, 2023 Introduced by: Van Hollen, Chris Democratic · Maryland See on congress.gov
Sign in to write a letter Sign in to watch
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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 12, 2023
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-475.
Mar 2, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 2, 2023
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

Disclosure of Tax Havens and Offshoring Act

This bill requires certain members of a multinational enterprise group that are also issuers of securities to annually disclose information related to the tax jurisdiction, income, and assets of their constituent entities on a country-by-country basis. (Multinational enterprise groups have two or more entities with different tax jurisdictions.)

What's happening now September 12, 2023

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-475.

 Related & companion bills 1
  • HR 4938 Related bill Disclosure of Tax Havens and Offshoring Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 9 Independent 1
D
Welch, Peter
Vermont · Mar 6, 2023
 D
Baldwin, Tammy
Wisconsin · Mar 2, 2023
 D
Blumenthal, Richard
Connecticut · Mar 2, 2023
 D
Duckworth, Tammy
Illinois · Mar 2, 2023
 D
Durbin, Richard J.
Illinois · Mar 2, 2023
 D
Klobuchar, Amy
Minnesota · Mar 2, 2023
 I
Sanders, Bernard
Vermont · Mar 2, 2023
 D
Smith, Tina
Minnesota · Mar 2, 2023
 D
Warren, Elizabeth
Massachusetts · Mar 2, 2023
 D
Whitehouse, Sheldon
Rhode Island · Mar 2, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 638: Disclosure of Tax Havens and Offshoring Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-638/
MLA
"S. 638: Disclosure of Tax Havens and Offshoring Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-638/.
Bluebook (legal)
S. 638, 118th Cong. (2026), https://openamerica.io/bill/118-S-638/.
Markdown link
[S. 638: Disclosure of Tax Havens and Offshoring Act](https://openamerica.io/bill/118-S-638/)
Report a problem