HR 684
Protecting American Savers and Retirees Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:48 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Protecting American Savers and Retirees Act, aims to eliminate a tax on corporate stock buybacks. The Inflation Reduction Act of 2022 imposed a 1% excise tax on companies repurchasing their own stock, which was intended to raise revenue. This legislation would repeal that tax, allowing companies more flexibility in managing their finances and potentially boosting investment.
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