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H.R. 9840: S Corporation Modernization Act of 2026

119th Congress · introduced 2026-07-22 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

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Official title

S Corporation Modernization Act of 2026

Plain summary

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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.

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What does this mean? (plain words)

Official text

S Corporation Modernization Act of 2026

Source: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr9840.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>

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The strongest published arguments

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Alternatives

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Officials and money

Sponsor: Rep. Carey, Mike [R-OH-15] · 0 cosponsors

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Sources

Record fed-us-cong119-hr9840 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills