117th Congress (2021–2023) · House bill · Sponsor: Rep. Yarmuth, John A. [D-KY-3]
This page covers HR5376 in the 117th Congress. Bill numbers start over every Congress, so HR5376 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 16 |
| Chamber | House and Senate |
| Latest vote | 2022-08-12: Passed |
| Latest action | 2022-08-16: Became Public Law No: 117-169. |
| Policy area | Economics and Public Finance |
| Official record | Congress.gov |
TITLE I–COMMITTEE ON FINANCE Subtitle A–Deficit Reduction Part 1–Corporate Tax Reform (Sec. 10101) This act imposes an alternative minimum tax of 15% of the average annual adjusted financial statement income of domestic corporations (excluding Subchapter S corporations, regulated investment companies, and real estate investment trusts) that exceeds $1 billion over a specified 3-year period. The tax is effective in taxable years beginning after December 31, 2022. Part 2–Excise Tax on Repurchase of Corporate Stock (Sec. 10201) The act imposes a non-deductible 1% excise tax on the fair market value of stock repurchased by a publicly traded domestic corporation after 2022, with certain exceptions, including for repurchases that are part of a reorganization, are less than $1 million, that are contributed to certain tax-exempt retirement plans, or that are treated as a dividend. The tax applies to purchases of corporate stock by certain corporate subsidiaries and foreign corporations. Part 3–Funding the Internal Revenue Service and Improving Taxpayer Compliance (Sec. 10301) The act provides additional funding for the Internal Revenue Service for taxpayer services and enforcement, including for operations support, business systems modernization, and the development of a free direct e-file tax return system. It also provides additional funding for the Department of the Treasury Inspector General for Tax Administration, the Office of Tax Policy, the Tax Court, and Treasury departmental offices. Subtitle B–Prescription Drug Pricing Reform Part 1–Lowering Prices Through Drug…
Subjects: Administrative law and regulatory procedures, Advanced technology and technological innovations, Advisory bodies, Afghanistan, Aging, Agricultural conservation and pollution, Agricultural education, Agricultural prices, subsidies, credit, Agricultural research, Agricultural trade
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2022-08-12 | House | Yea-and-Nay | Passed | 149 | 148 | 1 | Official tally |
| 2022-08-07 | Senate | On Passage of the Bill H. R. 5376 | Bill Passed (50-50, Vice President of the United States, voted Yea) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Hagerty Motion to Commit H. R. 5376 to the Committee on the Judiciary with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Rubio Motion to Commit H. R. 5376 to the Committee on Health, Education, Labor and Pensions with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Blackburn Motion to Commit H. R. 5376 to the Committee on Agriculture, Nutrition, and Forestry with Instructions.) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Hoeven Motion to Commit H. R. 5376 to the Committee on Finance with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Cruz Motion to Commit H. R. 5376 to the Committee on the Judiciary with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Cruz Motion to Commit H. R. 5376 to the Committee on Homeland Security and Governmental Affairs with Instructions) | Motion Rejected (49-51) | 39 | 41 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Scott (SC) Motion to Commit H. R. 5376 to the Committee on Finance with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Rubio Motion to Commit H. R. 5376 to the Committee on the Judiciary with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Collins Motion to Commit H. R. 5376 to the Committee on Finance with Instructions) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-07 | Senate | On the Motion (Scott (FL) Motion to Commit H. R. 5376 to the Committee on Finance with Instructions ) | Motion Rejected (50-50) | 40 | 40 | 0 | Official tally |
| 2022-08-06 | Senate | On the Motion to Proceed H. R. 5376 | Motion to Proceed Agreed to (50-50, Vice President of the United States, voted Yea) | 40 | 40 | 0 | Official tally |
| 2021-11-19 | House | Yea-and-Nay | Passed | 146 | 69 | 80 | Official tally |
| 2021-11-19 | House | Yea-and-Nay | Passed | 147 | 147 | 1 | Official tally |
| 2021-11-19 | House | Yea-and-Nay | Failed | 144 | 147 | 4 | Official tally |
HR5376 (An act to provide for reconciliation pursuant to title II of S. Con. Res. 14.) was introduced in the 117th Congress (2021–2023) by Rep. Yarmuth, John A. [D-KY-3].
On 2022-08-16: Became Public Law No: 117-169.
16 recorded votes in the 117th Congress. The most recent, on 2022-08-12, was "Yea-and-Nay": Passed.