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HR 1068 111th Congress House

Let Wall Street Pay for Wall Street's Bailout Act of 2009

Official title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program.

Introduced: March 12, 2009 See on congress.gov
Taxation Bank accounts, deposits, capitalFinancial crises and stabilizationFinancial services and investmentsSales and excise taxesSecurities
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2009
Referred to the House Committee on Ways and Means.
Feb 13, 2009
Introduced in House
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 Latest action February 13, 2009

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Let Wall Street Pay for Wall Street's Bailout Act of 2009 - Amends the Internal Revenue Code to require securities trading facilities to pay an excise tax on a specified percentage of the value of securities and commodities transactions sufficient to recoup the net cost of carrying out the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Kaptur, Marcy
Ohio · Mar 12, 2009
 D
DeLauro, Rosa L.
Connecticut · Feb 13, 2009
 D
Welch, Peter
Vermont · Feb 13, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1068: Let Wall Street Pay for Wall Street's Bailout Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1068/
MLA
"H.R. 1068: Let Wall Street Pay for Wall Street's Bailout Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1068/.
Bluebook (legal)
H.R. 1068, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1068/.
Markdown link
[H.R. 1068: Let Wall Street Pay for Wall Street's Bailout Act of 2009](https://openamerica.io/bill/111-HR-1068/)
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