Stop Corporate Inversions Act of 2026

# Stop Corporate Inversions Act of 2026 – Summary **What the bill would do:** This bill aims to prevent "corporate inversions," a practice where U.S. companies relocate their legal headquarters to foreign countries (typically ones with lower tax rates) while keeping their actual operations in the United States. By doing so, these companies can reduce their U.S. tax obligations. The bill would make it harder or more costly for companies to execute these moves, effectively discouraging the practice. **Who it affects:** The bill primarily targets large multinational corporations considering relocating their tax residency abroad.

It could also indirectly affect shareholders, employees, and the federal government's tax revenue. The bill was introduced by Rep. Lloyd Doggett (D-TX). **Current status:** As of now, the bill is in committee, meaning it has been referred to the appropriate congressional committee for review and discussion but has not yet been voted on by the full House or Senate. The bill remains in the early stages of the legislative process.