118th Congress · SENATE BILLBILL

S. 187 — No Tax Breaks for Radical Corporate Activism Act of 2023

“A bill 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 31, 2023

Last action Jan 31, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 31, 2023

Step 2

Referred

Jan 31, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

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 Senate

Timeline · 2 actions

Jan 31, 2023

Introduced in Senate

Jan 31, 2023

Read twice and referred to the Committee on Finance.