EXPANSION OF LIMITATION ON EXCESSIVE EMPLOYEE REMUNERATION.

SEC. 9708. EXPANSION OF LIMITATION ON EXCESSIVE EMPLOYEE REMUNERATION. Paragraph (3) of section 162(m) of the Internal Revenue Code of 1986 is amended—(1) by redesignating subparagraph (C) as subparagraph (D), (2) by striking “or” at the end of subparagraph (B), (3) by inserting after subparagraph (B) the following new subparagraph:“(C) in the case of taxable years beginning after December 31, 2026, such employee is among the 5 highest compensated employees for the taxable year other than any individual described in subparagraph (A) or (B), or” , and135 STAT. 207 (4) by striking “employee” in subparagraph (D), as so redesignated, and inserting “employee described in subparagraph (A) or (B)”.