S. 2666: Corporate Inverters Earnings Stripping Reform Act of 2016

A bill to amend the Internal Revenue Code of 1986 to prevent earnings stripping of domestic corporations which are members of a worldwide group of corporations which includes an inverted corporation and to require agreements with respect to certain related party transactions with those members.

The bill’s titles are written by its sponsor.

What you can do



Mar 10, 2016


Referred to Committee on Mar 10, 2016

This bill was assigned to a congressional committee on March 10, 2016, which will consider it before possibly sending it on to the House or Senate as a whole.


Charles “Chuck” Schumer

Senior Senator from New York



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Last Updated: Mar 10, 2016
Length: 7 pages


1% chance of being enacted according to PredictGov (details)


Mar 10, 2016

This is the first step in the legislative process.

Reported by Committee

Passed Senate

Passed House

Signed by the President

S. 2666 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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“S. 2666 — 114th Congress: Corporate Inverters Earnings Stripping Reform Act of 2016.” www.GovTrack.us. 2016. October 27, 2016 <https://www.govtrack.us/congress/bills/114/s2666>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.