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H.R.5406 / 111th Congress

Corporate Subsidy Reform Commission Act

Referred to the Subcommittee on Government Management, Organization, and Procurement.

Official summary

Version 00 · Introduced in House · May 26, 2010

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.

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Who introduced it

Rep. Smith, Adam [D-WA-9] · D–WA

Committees

  • Oversight and Government Reform Committee
  • Ways and Means Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on Government Management, Organization, and Procurement.

  2. Referred to House Ways and Means

  3. Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. Referred to House Oversight and Government Reform

  5. Introduced in House

  6. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.

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