To amend the Internal Revenue Code of 1986 to impose an income tax on excess profits of certain corporations.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to impose an income tax on excess profits of certain corporations., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Finance, Labor.
Who Benefits and How
foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HB6FD747509FF4A9F8902D9BCDA4C5D6F: 1. Short title This Act may be cited as the Ending Corporate Greed Act.
- Section HE966BFE79F6843FEA69334F4EF6C27B7: 2. Tax on excess business profits of certain corporations Subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section H7A70679851A34A1F85DDCB55A42B40F8: 59B. Tax on excess business profits of taxpayers with substantial gross receipts There is hereby imposed on each applicable taxpayer for any taxable year a tax...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to impose an income tax on excess profits of certain corporations., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.
Key Policy Areas
Foreign Policy, Finance, Labor
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to impose an income tax on excess profits of certain corporations., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.
Policy Domains
Whole bill
Identified Gains
- foreign governments, international partners, and aid recipients
Identified Costs
- federal implementing agencies
- foreign governments, international partners, and aid recipients
Sponsors
Legislative Progress
IntroducedMr. Bowman (for himself, Ms. Jayapal, Ms. Schakowsky, and Ms. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology