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S 2758 · 117th Congress

Stock Buyback Accountability Act of 2021

<p><strong>Stock Buyback Accountability Act of 2021</strong></p> <p>This bill imposes a 2% excise tax on the value of any stock of certain publicly-traded domestic and foreign corporations repurchased (i.e., redeemed) by such corporations. The bill allows exemptions from the tax for repurchases that are part of a r…

Sponsor
Brown, Sherrod (D-OH)
Introduced
2021-09-20
Policy area
Taxation
Latest action
Read twice and referred to the Committee on Finance.

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