What does Preamble of No Tax Breaks for Radical Corporate Activism Act do?

This bill proposes to amend the Internal Revenue Code of 1986. The proposed amendment would deny the trade or business expense deduction for reimbursements related to child gender transition procedures. The bill would also deny the deduction for reimbursements related to travel to obtain an abortion.

What does SHORT TITLE. of No Tax Breaks for Radical Corporate Activism Act do?

This bill is formally titled the ``No Tax Breaks for Radical Corporate Activism Act''.

What does DENIAL OF DEDUCTION. of No Tax Breaks for Radical Corporate Activism Act do?

This section amends Section 162 of the Internal Revenue Code of 1986 to disallow deductions for certain employer expenses related to abortion and gender transition procedures. Specifically, no deduction is allowed for amounts paid or incurred to reimburse an employee for expenses related to obtaining an abortion or gender transition procedures for a minor child. The definition of 'gender transition procedure' includes medical or surgical services intended to alter physiological characteristics to align with a gender different from the individual's birth sex. Exceptions to the definition of 'gender transition procedure' exist for treatment of medically verifiable disorders of sex development and for treating infections or injuries related to gender transition procedures. The amendments apply to taxable years beginning after the date of enactment of this Act.

Back to bills

No Tax Breaks for Radical Corporate Activism Act

Last updated: 2/11/2025 · Introduced: 2/11/2025

Author: Brian Mast (R-FL)

TL;DR (AI)

This bill prohibits employers from deducting business expenses related to employee reimbursements for abortion procedures.
The bill disallows deductions for employer reimbursements of expenses related to gender transition procedures for minor children.
The definition of 'gender transition procedure' excludes treatment for medically verifiable disorders of sex development and related infections or injuries.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account