118th Congress · HOUSE BILLBILL

H.R. 429 — No Tax Breaks for Radical Corporate Activism Act

“To amend the Internal Revenue Code of 1986 to deny the trade or business expense deduction for the reimbursement of employee costs of child gender transition procedure or travel to obtain an abortion.”

Taxation

Introduced Jan 20, 2023

Last action Jan 20, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 20, 2023

Step 2

Referred

Jan 20, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill disallows a business expense tax deduction for any reimbursement paid by an employer to an employee for travel expenses to obtain an abortion, or for the costs of any gender transition procedure for the employee's minor child.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jan 20, 2023

Introduced in House

Jan 20, 2023

Referred to the House Committee on Ways and Means.