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Stock Buyback Accountability Act of 2026

In committee: it can still change before the session ends.

US S 4796 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
8
Latest action
Jun 16, 2026

What it does

The Stock Buyback Accountability Act of 2026 would increase the federal excise tax on corporate stock repurchases from 1% to 4% and modify related tax adjustments to limit exceptions for stock issued to highly compensated employees or certain high-earning individuals. The bill affects corporations that repurchase their own stock, increasing their tax liability on such transactions, and applies to repurchases occurring after enactment, with adjusted rules for taxable years that include the enactment date. It also specifies that the updated adjustment rules apply to stock issued or provided in taxable years ending more than 90 days after enactment.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jun 16, 2026

  2. Committee (Current step)

    In committee · Jun 16, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Stock Buyback Accountability Act of 2026 | 52