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H.R. 8853

BillFederalHouseIntroduced
To amend the Inflation Reduction Act of 2022 to prevent the excise tax on repurchase of corporate stock from taking effect.
About This Bill
Introduced
Congress
117th (2021–2023)
Introduced
September 15, 2022
Cosponsors (3)
0D 3R
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Summary

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Protecting American Savers and Retirees Act This bill repeals the 1% excise tax on the repurchase of corporate stock enacted by the Inflation Reduction Act of 2022.

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