S3760Referred to Committee
CLOSE Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2026-02-02
Introduced
1
Cosponsors
S
ⓘType
Sponsor
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 →
Committee Activity
Currently in
- Senate Committee on FinanceReferred To · 2026-02-02
Previously
- Finance CommitteeReferred To · 2026-02-02
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
Full bill text is not yet cached locally.
Related legislation
Bills by the same sponsor or covering overlapping subjects.
- S4634CONNECT ActReferred to Committee · 2026-05-21
- SRES743A resolution supporting the designation of May 3 through May 9, 2026, as "Children's Mental Health Awareness Week".Referred to Committee · 2026-05-20
- S4531Student Aid Fraud Oversight and Accountability Act of 2026Referred to Committee · 2026-05-14
- S4459Expanding Appalachia’s Broadband Access ActReferred to Committee · 2026-04-30