Stop Subsidizing Giant Mergers Act
Summary
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 status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 21, 2024
Last action Mar 21, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 21, 2024
Committee
Read twice and referred to the Committee on Finance.
upper
Mar 21, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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