United States · 119th Congress
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.
Bill record: Congress.gov API US-GOV-PD
Summary AI-generated
S 4796 proposes to amend the Internal Revenue Code of 1986 to increase the excise tax rate on corporate stock repurchases. The bill was read twice and referred to the Committee on Finance.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Congress.gov API US-GOV-PD GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Latest action
Read twice and referred to the Committee on Finance. (text: CR S2821) Jun 16, 2026
Sponsors
- Charles E. Schumer Democratic lead