S3847Referred to Committee

Stop Corporate Inversions Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-11
Introduced
9
Cosponsors
S
ⓘ
Type

Sponsor

Richard J. Durbin
Richard J. Durbin
Democrat · IL · Senator
Votes with party: 56.8% (322 recorded votes)

Full profile: /officials/D000563

Source: Congress.gov · FEC

Cosponsors (9)

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. (text: CR S579-580)

2026-02-11

Source: Congress.gov

Plain-English Summary

This bill would prevent large U.S. corporations from moving their headquarters to other countries to avoid paying American taxes, a practice known as a corporate inversion. The legislation would make it harder or more costly for companies to relocate their tax home abroad while keeping most of their operations in the United States, affecting multinational corporations and potentially increasing federal tax revenue.

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

Taxation
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