HR4466Referred to Committee

CIRCLE Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-16
Introduced
5
Cosponsors
HR
ⓘ
Type

Sponsor

Thomas R. Suozzi
Thomas R. Suozzi
Democrat · NY · Representative
Votes with party: 88.9% (541 recorded votes)

Full profile: /officials/S001201

Source: Congress.gov · FEC

Cosponsors (5)

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.

2025-07-16

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would change how the federal government taxes businesses that operate across multiple states and countries, potentially allowing them to allocate income differently for tax purposes. This could affect how much tax large corporations owe to the federal government and might influence where companies choose to locate their operations. Small business owners and workers could see indirect effects depending on how companies respond to these tax changes.

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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Related legislation

Bills by the same sponsor or covering overlapping subjects.