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Senate bill · S. 4796 (119th Congress)

Stock Buyback Accountability Act of 2026

U.S. Senate

Latest action Jun 16, 2026

Sponsor: Charles E. Schumer (U.S. Senator for New York, Democratic)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Raises the federal excise tax on corporate stock buybacks from 1 percent to 4 percent and changes the rules for adjusting the taxable amount, including an exception for stock issued to certain persons.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Finance · U.S. Senate

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Cosponsors

6

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic6

Shown in neutral colors by design; Agora is non-partisan.

Full history

  1. Jun 16, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Jun 16, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance. (text: CR S2821)

  3. Jun 16, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance. (text: CR S2821)

  4. Jun 16, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance. (text: CR S2821)

Read the record