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A bill to amend the Internal Revenue Code of 1986 to increase the rate of the excise tax on the repurchase of corporate stock, and for other purposes.

6/17/2026, 10:56 AM

Summary of Bill S 4796

A bill introduced in the 119th session of Congress, designated as S. 4796, aims to amend the Internal Revenue Code of 1986 by proposing an increase in the rate of excise tax on corporate stock repurchases. The bill's primary focus is on tax reforms related to corporate stock transactions, with potential implications for corporate finance and taxation within the United States.

Current Status of Bill S 4796

Bill S 4796 is currently in the status of Bill Introduced since June 16, 2026. Bill S 4796 was introduced during Congress 119 and was introduced to the Senate on June 16, 2026.  Bill S 4796's most recent activity was Read twice and referred to the Committee on Finance. as of June 16, 2026

Bipartisan Support of Bill S 4796

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
6
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4796

Primary Policy Focus

Alternate Title(s) of Bill S 4796

A bill to amend the Internal Revenue Code of 1986 to increase the rate of the excise tax on the repurchase of corporate stock, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to increase the rate of the excise tax on the repurchase of corporate stock, and for other purposes.

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