SB638: Disclosure of Tax Havens and Offshoring Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
A bill to amend the Securities Act of 1934 to require country-by-country reporting.
Plain-language summary
This bill would require large companies to publicly report how much money they earn and pay in taxes in each country where they operate. The bill amends securities rules, which govern how publicly traded companies must disclose financial information. Currently, companies can combine their worldwide earnings and taxes into one total number. The bill is in the introduction stage, meaning it has been filed but not yet assigned to a for review.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
SB638: Disclosure of Tax Havens and Offshoring Act
Upcoming hearings & events
Sponsors
Chris Van Hollen
Primary SponsorCo-sponsors (11)
Richard Durbin
Bernard Sanders
Sheldon Whitehouse
Tina Smith
Amy Klobuchar