Stop Subsidizing Multimillion Dollar Corporate Bonuses Act

The bill titled "To amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes" was introduced in the 119th Congress as H.R. 3140 on May 1, 2025. It aims to modify the Internal Revenue Code to broaden the disallowance of deductions for specified high employee salaries and includes additional objectives beyond this amendment.