United States 119th Congress Status: In Committee 7 D cosponsors

S 4796 — Stock Buyback Accountability Act of 2026

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

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced June 16, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 26% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 7 sponsors

    1 primary, 6 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (7 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill aims to increase accountability for stock buybacks by companies.

This bill seeks to impose requirements on companies that engage in stock buybacks. It focuses on ensuring transparency and accountability for such financial activities.

Bill Text

How this bill changes current law

3 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill increases the excise tax rate on corporate stock repurchases and modifies certain tax adjustments related to stock issued to high-earning employees.

  • Section 4501(a)

    1 percent → 4 percent

    This change raises the excise tax on corporate stock repurchases from 1% to 4%.

  • Section 4501(c)(3)

    The amount → (A) In general.--The amount

    This modification clarifies the introductory phrase of the section to better introduce the subsequent content.

  • Section 4501(c)(3)

    (B) Exception for stock issued to certain persons.--Subparagraph (A) shall not apply to so much of the fair market value of any stock issued or provided to-- (i) an employee who is a covered employee (within the meaning of section 162(m)(3)) or a specified covered employee (within the meaning of section 162(m)(7)(C)), or (ii) a person (other than an employee described in clause (i)) who receives remuneration (within the meaning of section 162(m)(4)) during any taxable year of the covered corporation beginning after December 31, 2025, in excess of $1,000,000 for services performed by such person for such covered corporation or any specified affiliate of such covered corporation.

    This addition establishes exceptions to the adjustments for stock based on high earnings, affecting tax calculations for specific individuals.

Action History

  1. Introduced in Senate

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

Sponsors

Sponsorship breakdown

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1 sponsors · 6 co-sponsors · 540 not signed on

Sponsors (1)

Co-sponsors (6)

Not signed on (540)

540 members have not signed on to this bill.

Show all 540 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 4796?
S 4796 is sponsored by Schumer, Charles E. (Democratic), Wyden, Ron (Democratic), Warren, Elizabeth (Democratic), Reed, Jack (Democratic), Van Hollen, Chris (Democratic), Markey, Edward J. (Democratic), and Whitehouse, Sheldon (Democratic).
What is the current status of S 4796?
This bill is in committee in the Senate. Introduced June 16, 2026. It must pass committee before a floor vote.
Where can I track S 4796?
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Last checked for changes 3 months ago · updated continuously

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