S3760Referred 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
1
Cosponsors
S
ⓘ
Type

Sponsor

Jon Husted
Jon Husted
Republican · OH · Senator
Votes with party: 34.2% (319 recorded votes)

Full profile: /officials/H001104

Source: Congress.gov · FEC

Cosponsors (1)

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 →

Read twice and referred to the Committee on Finance.

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 federal revenue or change how businesses are taxed. The bill would affect employers and potentially workers whose compensation or benefits are tied to these tax advantages. The specific changes would depend on which tax provisions the legislation targets.

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.