CORPORATIONS related term(s) Business and Industry

Articles and editorials

How Much Have Record Corporate Profits Contributed to Recent Inflation?, H5952–H5954 [29NO]

Bills and resolutions

Agriculture: restrict corporations, multilayered subsidiaries, pension funds, and investment funds from purchasing or leasing agricultural land (see S. 2583), S3753 [27JY]

Bankruptcy: modify venue requirements relative to bankruptcy proceedings (see H.R. 1017), H838 [14FE]

Bureau of Justice Statistics: establish database to collect, aggregate, analyze, and publish comprehensive data on Federal corporate criminal enforcement actions (see S. 3460), S5897 [11DE] (see H.R. 6713), H6814 [11DE]

China: address corrupt business practices that excuse genocide, advance Chinese Communist Party propaganda, advocate on behalf of Chinese Communist Party officials, or invest in certain Chinese industries (see S. 151), S147 [30JA]

Constitutional amendments: clarify application of words people, person, or citizen in Constitution to corporations, limited liability companies, or other corporate entities (see S.J. Res. 3), S55 [23JA]

——— exclude from rights given to natural persons and affirm power of Congress and States to regulate political contributions and expenditures (see H.J. Res. 48), H1692 [30MR] (see H.J. Res. 54), H1717 [10AP]

Dept. of the Treasury: harmonize effective date of all rules required under Corporate Transparency Act (see S. 2623), S3754 [27JY] (see H.R. 4035), H2808 [12JN]

——— provide investment screening mechanism for U.S. companies investing in certain technology sectors in countries of concern (see S. 2678), S3756 [27JY]

Elections: prohibit establishment of corporations to conceal election contributions and donations by foreign nationals (see H.R. 988), H837 [14FE]

Employment: encourage to commit to utilizing benefits of gender diversity in boards of directors and other senior management positions (see H. Res. 790), H5020 [17OC]

EPA: prohibit from imposing fees on certain facilities for methane emissions (see H.R. 246), H150 [10JA]

FEC: limit authority of corporations to establish and operate separate segregated funds for political purposes, including political committees, to nonprofit corporations (see H.R. 5941), H5007 [12OC]

——— prohibit political contributions and donations by publicly traded corporations (see S. 3173), S5257 [31OC]

Federal employees: prohibit investments under Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria (see S. 2147), S2223 [22JN] (see H.R. 3612), H2545 [23MY]

——— prohibit qualified professional asset managers from exercising voting rights associated with ownership of securities by Thrift Savings Plan (see S. 1891), S2028 [8JN] (see H.R. 3406), H2423 [17MY]

——— provide for corporate responsibility investment option under Thrift Savings Plan (see H.R. 1261), H970 [28FE]

FTC: give oversight authority over certain non-profit hospitals (see H.R. 2856), H1947 [25AP]

GAO: study detrimental impact of Directive on Corporate Sustainability Due Diligence and Corporate Sustainability Reporting Directive on U.S. companies (see H.R. 4625), H3574 [13JY]

Inflation Reduction Act: repeal (see H.R. 812), H678 [2FE]

Investments: require investment advisers for passively-managed funds to arrange for pass-through voting of proxies for certain securities (see S. 2700), S3757 [27JY] (see H.R. 4645), H3611 [14JY]

Money: maintain cash as robust and viable payment option (see H. Res. 341), H2118 [28AP]

Political campaigns: provide for additional disclosure requirements for corporations, labor organizations, and other entities (see S. 512), S457 [16FE] (see H.R. 1118), H864 [21FE]

Public Company Accounting Oversight Board: promote transparency by making disciplinary proceedings open to public (see S. 865), S826 [16MR]

Real estate: prohibit foreign nations from owning certain facilities, buildings, and land (see H.R. 4806), H3888 [20JY]

SEC: authorize exclusion of shareholder proposals from proxy or consent solicitation material if proposals substantially implement, duplicate, or are substantially similar to previously included proposals (see H.R. 4644), H3611 [14JY]

——— authorize exclusion of shareholder proposals from proxy or consent solicitation material if such proposals are substantially similar to previously included proposals (see H.R. 4641), H3611 [14JY]

——— clarify that issuer may exclude shareholder proposal from its proxy statement without regard to whether such proposal relates to significant social policy issue (see H.R. 4657), H3612 [14JY]

——— conduct study of certain issues relative to shareholder proposals, proxy advisory firms, and proxy process (see H.R. 4662), H3612 [14JY]

——— establish Public Company Advisory Committee (see H.R. 4652), H3612 [14JY]

——— improve quality of proxy advisory firms to protect investors and economy and to foster accountability, transparency, responsiveness, and competition in industry (see S. 1799), S1899 [1JN] (see H.R. 448), H275 [24JA] (see H.R. 4589), H3477 [12JY]

——— make revisions to Federal securities laws relative to shareholder proposals, proxy voting, and registration of proxy advisory firms (see H.R. 4767), H3886 [20JY]

——— prohibit from requiring issuer to make climate-related disclosures that are not material to investors (see H.R. 317), H232 [12JA]

——— prohibit robovoting relative to votes related to proxy or consent solicitation materials (see H.R. 4656), H3612 [14JY]

——— provide liability for certain failures to disclose material information in connection with proxy voting advice (see H.R. 4590), H3477 [12JY]

——— require corporations to publicly disclose financial reporting on country-by-country basis to provide transparency on use of tax havens or offshoring jobs (see S. 638), S636 [2MR] (see H.R. 4938), H4030 [26JY]

——— require issuers filing annual reports to disclose any connections with Chinese Communist Party (see S. 144), S147 [30JA] (see H.R. 747), H675 [2FE]

——— require issuers to disclose information about workforce management policies, practices, and performance in annual reports (see S. 2751), S4355 [11SE] (see H.R. 4578), H3476 [12JY]

——— require public companies to disclose gender, race, ethnicity, and veteran status of their board directors, nominees, and senior executive officers (see S. 2007), S2122 [15JN] (see H.R. 4177), H2958 [15JN]

——— require publicly traded companies to disclose if company has diversity, equity, and inclusion program to combat antisemitism (see H.R. 6776), H6941 [13DE]

——— require reporting of certain expenditures for political activities (see H.R. 4863), H3949 [25JY]

——— require that information required to be disclosed by issuers be material to investors of those issuers (see S. 2005), S2122 [15JN] (see H.R. 4168), H2957 [15JN]

——— study detrimental impact of Directive on Corporate Sustainability Due Diligence and Corporate Sustainability Reporting Directive on U.S. companies (see H.R. 4653), H3612 [14JY]

——— support current definition of materiality in securities laws and oppose new disclosure requirements outside core mission (see H. Res. 32), H234 [12JA]

Taxation: adjust income tax rate of publicly traded corporation based on ratio of compensation of highest paid employee to median compensation of all employees (see H.R. 1284), H1047 [1MR]

——— allow expensing of amounts paid to move business property from China to U.S. (see H.R. 1676), H1300 [21MR]

——— deny interest and depreciation deductions for taxpayers owning more than certain number of single family properties (see S. 2224), S2310 [11JY]

——— deny trade or business expense deduction for reimbursement of employee costs of child gender transition procedure or travel to obtain abortion (see S. 187), S172 [31JA] (see H.R. 429), H250 [20JA]

——— disallow certain corporations deductions for certain payments relating to defamation suits (see S. 2550), S3620 [26JY]

——— establish system for taxation of catastrophic risk transfer companies to ensure sufficient capital to cover catastrophic insurance losses (see H.R. 3014), H2117 [28AP]

——— exclude certain amounts from tested income of controlled foreign corporations (see H.R. 1055), H851 [17FE]

——— expand availability of employee stock ownership plans in S corporations (see S. 2515), S3619 [26JY] (see H.R. 4896), H4028 [26JY] (see H.R. 5011), H4139 [27JY]

——— expand denial of deduction for certain excessive employee remuneration (see S. 3155), S5213 [26OC] (see H.R. 324), H232 [12JA]

——— extend publicly traded partnership ownership structure to energy power generation projects and transportation fuels (see S. 2641), S3755 [27JY] (see H.R. 3690), H2636 [25MY]

——— impose excise tax on excessively disparate wages paid to chief executive officers (see S. 3176), S5314 [1NO] (see H.R. 6191), H5362 [2NO]

——— increase rate of excise tax on repurchase of corporate stock (see S. 413), S397 [14FE]

——— modify order in which business credits are taken into account by corporations (see H.R. 6646), H6208 [6DE]

——— prohibit use of clean vehicle credit on battery components manufactured or assembled by corporations associated with foreign entities of concern (see S. 756), S743 [9MR] (see H.R. 2951), H2083 [27AP]

——— provide current year inclusion of net controlled foreign corporation tested income by ending tax breaks for exporting jobs and profits (see S. 357), S312 [9FE] (see H.R. 884), H822 [9FE]

——— provide tax credit for certain expenses of moving manufacturing equipment from China to U.S. (see H.R. 2571), H1717 [10AP]

——— provide that certain Virgin Islands residents who are shareholders of certain corporations are not treated as U.S. persons for purposes of determining certain income inclusions relative to such corporations (see H.R. 1039), H839 [14FE]

——— repeal corporate alternative minimum tax (see S. 1559), S1623 [11MY] (see H.R. 3210), H2307 [11MY]

——— repeal excise tax on repurchase of corporate stock (see H.R. 515), H323 [25JA]

——— restore limitation on downward attribution of stock ownership in applying constructive ownership rules to controlled foreign corporations (see H.R. 5751), H4712 [27SE]

——— treat certain liquidations of new motor vehicle inventory as qualified liquidations of last in, first out (LIFO) inventory (see S. 443), S425 [15FE] (see H.R. 700), H626 [1FE]

Letters

Committee on the Judiciary (Senate) Subcommittee on Federal Courts oversight investigation relative to gifts received by Supreme Court justices: Dennis J. Block, Greenberg Traurig, LLP, S6045 [19DE]

——— Erickson & Sederstrom, PC, LLO, S4582 [19SE]

——— Gibson, Dunn & Crutcher LLP, S4581 [19SE]

——— Robin P. Arkley II, S6046 [19DE]

——— Samuel E. Clark, Erickson & Sederstrom, P.C., S6045 [19DE]

Outbound Investment Transparency Act: several individuals, S5878 [7DE]

Remarks in House

FEC: require report on campaign donations from oil and gas industry, H421 [26JA]

Honeywell Corp.: anniversary of South Bend, IN, operations, E815 [8SE]

Ilitch Holdings, Inc.: investigate use of taxpayer funds for urban renewal projects in Detroit, MI, H1333 [23MR]

International Paper Co.: anniversary, E597 [22JN]

Political campaigns: provide for additional disclosure requirements for corporations, labor organizations, and other entities (H.R. 1118), H3192 [11JY]

SEC: authorize exclusion of shareholder proposals from proxy or consent solicitation material if proposals substantially implement, duplicate, or are substantially similar to previously included proposals (H.R. 4644), H3903 [25JY]

Taxation: corporate tax rate reform, H1254 [10MR]

Remarks in Senate

Climate: efforts of fossil fuel industry to deny and discredit science behind climate change, S4936 [4OC]

Courts: efforts of special interest groups to influence Federal courts, S2352–S2354 [12JY], S4579–S4582 [19SE], S4712–S4716 [27SE], S5078–S5080 [18OC], S6043–S6046 [19DE]

Dept. of the Treasury: provide investment screening mechanism for U.S. companies investing in certain technology sectors in countries of concern, S3510–S3512 [25JY], S3565 [26JY], S5350 [6NO], S5495 [14NO], S5700 [4DE]

——— provide investment screening mechanism for U.S. companies investing in certain technology sectors in countries of concern (S. 2678), S5876–S5879 [7DE]

Government: influence of lobbying activities on public policy, S820 [16MR]

Public Company Accounting Oversight Board: promote transparency by making disciplinary proceedings open to public (S. 865), S832 [16MR]

Supreme Court: impact of decision in Citizens United v. FEC on corporate political contributions used for political speech relative to bipartisanship in addressing climate change, S4937 [4OC]

Taxation: effects of potential global minimum tax, S1639 [15MY]

——— expand denial of deduction for certain excessive employee remuneration (S. 3155), S5216 [26OC]

Reports filed

Protecting Americans’ Retirement Savings From Politics Act: Committee on Financial Services (House) (H.R. 4767) (H. Rept. 118–324), H6996 [19DE]

Tables

Estimated budget effects of Inflation Reduction Act, H2028 [26AP]

Texts of

S. 3460, Corporate Crime Database Act, S5898 [11DE]