Stock Buyback Accountability Act of 2026

Hozzl · 2026-07-07T16:43:09Z

Explore the details of Senate Bill 4796 Stock Buyback Accountability Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

7/7/2026, 4:43 PM

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.

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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. (text: CR S2821) as of June 16, 2026

Bipartisan Support of Bill S 4796

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4796

Primary Policy Focus

Taxation

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.