Stop Corporate Inversions Act of 2026

House Bill

H.R. 7493

119th Congress

Stop Corporate Inversions Act of 2026

In Committee

Introduced:Feb 11, 2026

Primary Sponsor

Lloyd Doggett

D - TX

Cosponsors

0

Quick Stats

Policy Area

Taxation

Summary

The Stop Corporate Inversions Act of 2026 aims to prevent U.S. companies from moving their legal headquarters overseas to avoid paying American taxes while continuing to operate primarily in the United States. This practice, known as corporate inversion, allows companies to reduce their tax bills by claiming foreign status, which critics say shifts the tax burden onto small businesses and working families.

Latest Action

Referred to the House Committee on Ways and Means.

Introduced2/11/2026

StatusReferred to the House Committee on Ways and Means.

ChamberHouse

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Vote Prediction

Stop Corporate Inversions Act of 2026

The Stop Corporate Inversions Act of 2026 aims to prevent U.S. companies from moving their legal headquarters overseas to avoid paying American taxes while continuing to operate primarily in the United States. This practice, known as corporate inversion, allow

Community Breakdown

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The Stop Corporate Inversions Act of 2026 aims to prevent U.S. companies from moving their legal headquarters overseas to avoid paying American taxes while continuing to operate primarily in the United States. This practice, known as corporate inversion, allows companies to reduce their tax bills by claiming foreign status, which critics say shifts the tax burden onto small businesses and working families.

Bill Number: 7493
Introduced: 2/11/2026
Status: Referred to the House Committee on Ways and Means.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Stop Corporate Inversions Act of 2026
Bill Number: 7493
Sponsor: No sponsor
Status: Referred to the House Committee on Ways and Means.
Introduced: 2/11/2026
Summary: The Stop Corporate Inversions Act of 2026 aims to prevent U.S. companies from moving their legal headquarters overseas to avoid paying American taxes while continuing to operate primarily in the United States. This practice, known as corporate inversion, allows companies to reduce their tax bills by

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The Stop Corporate Inversions Act of 2026 aims to prevent U.S. companies from moving their legal headquarters overseas to avoid paying American taxes while continuing to operate primarily in the United States. This practice, known as corporate inversion, allows companies to reduce their tax bills by claiming foreign status, which critics say shifts the tax burden onto small businesses and working families.

Last updated: 2/23/2026

Key Points

Main provisions of the bill

Targets 'corporate inversions' where U.S. companies relocate their headquarters on paper to low-tax countries while keeping most operations in America
Seeks to close tax loopholes that allow profitable corporations to avoid billions in U.S. tax obligations
Could generate additional federal revenue by keeping more corporate tax dollars in the U.S. Treasury
Part of ongoing efforts to ensure large corporations pay their fair share and prevent tax avoidance strategies

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily affect large multinational corporations that have used or considered using tax inversions to reduce their U.S. tax burden. If enacted, it could increase federal tax revenue that supports government services and infrastructure, while creating a more level playing field for small businesses and domestic companies that cannot take advantage of offshore tax strategies. American workers and taxpayers could benefit indirectly through improved tax fairness and potentially reduced pressure on middle-class tax rates.

Policy Areas

Primary Policy Area

Taxation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

7493, 119th Congress (2026). "Stop Corporate Inversions Act of 2026". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-7493

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