HR7306Referred to Committee

CLOSE Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-02
Introduced
4
Cosponsors
HR
ⓘ
Type

Sponsor

Max L. Miller
Max L. Miller
Republican · OH · Representative
Votes with party: 97.5% (530 recorded votes)

Full profile: /officials/M001222

Source: Congress.gov · FEC

Cosponsors (4)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-02-02

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

The CLOSE Act would restrict or eliminate certain tax benefits and deductions that companies currently use, likely to increase tax revenue or close perceived loopholes in the tax code. The bill would primarily affect businesses and corporations, potentially changing how they calculate their tax obligations. Without more specific details on which provisions it targets, the exact impact on workers, consumers, or specific industries cannot be determined from the title alone.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Labor and Employment
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Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.