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H.R. 5406: Corporate Subsidy Reform Commission Act

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H.R. 5406: Corporate Subsidy Reform Commission Act

111th Congress · introduced 2010-05-26 · Government Operations and Politics · Latest: Referred to the Subcommittee on Government Management, Organization, and Procurement.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2010-05-26 · official record
  2. Who proposed it: Rep. Smith, Adam [D-WA-9] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Government Management, Organization, and Procurement. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Corporate Subsidy Reform Commission Act

Plain summary

Corporate Subsidy Reform Commission Act - Establishes in the legislative branch an independent commission, to be known as the Corporate Subsidy Reform Commission, to: (1) examine and identify federal programs and laws that provide inequitable federal subsidies (federal government payments to a corporation or business [other than a nonprofit organization, a state or local government, or Indian tribe] that provide an unfair competitive advantage or financial windfall and that are not awarded for purposes in the broad public interest on a competitive basis); (2) review such subsidies; and (3) submit to Congress recommendations regarding the termination, modification, or retention of such subsidies. Requires the head of each federal department or agency to include in its budget justification documents submitted for FY2012 a list of all programs and laws administered by that department or agency determined to provide inequitable federal subsidies, together with recommendations to the Commission regarding their termination, modification, or retention. Directs the Commission to review such recommendations, and report review results to Congress. Requires the Comptroller General to: (1) assist the Commission during any such reviews; and (2) submit to Congress an analysis of the lists, statements, and recommendations of each department or agency. Expresses the sense of Congress that, following submission of the Commission's report, Congress should promptly consider legislation that would enact changes in federal statutes necessary to implement Commission recommendations.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Corporate Subsidy Reform Commission Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Smith, Adam [D-WA-9] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Rep. Smith, Adam [D-WA-9] reported raising $2.2 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Statute
A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong111-hr5406 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111