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A bill to amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.

2/12/2026, 11:56 AM

Summary of Bill S 3847

A bill, numbered S. 3847 in the 119th Congress and introduced on February 11, 2026, aims to amend the Internal Revenue Code of 1986 specifically regarding inverted corporations.

Current Status of Bill S 3847

Bill S 3847 is currently in the status of Bill Introduced since February 11, 2026. Bill S 3847 was introduced during Congress 119 and was introduced to the Senate on February 11, 2026.  Bill S 3847's most recent activity was Read twice and referred to the Committee on Finance. as of February 11, 2026

Bipartisan Support of Bill S 3847

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
9
Democrat Cosponsors
8
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 3847

Primary Policy Focus

Alternate Title(s) of Bill S 3847

A bill to amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.
A bill to amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.

Comments

Zaniyah Beard profile image

Zaniyah Beard

584

3 hours ago

I luv this bill cuz it helps stop companies from dodging taxes by inverting. It's about time we hold them accountable! But how will this bill impact me in the short term?