S 327 · 119th Congress

HONOR Act

The HONOR Act (Hindering Oppressive Nations from Obtaining Revenue Act) is a tax law that prevents American companies and individuals from getting tax breaks when they pay taxes to Russia. Normally, if you pay taxes to a foreign country, the U.S. allows you to claim a credit or deduction on your American taxes to av…

Sponsor

Cortez Masto, Catherine (D-Nevada)

Introduced

2025-01-30

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.