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HR 1527 111th Congress House Taxation Corporate finance and management Financial crises and stabilization Income tax rates Wages and earnings

To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses paid by certain businesses owned by the Federal Government.

Introduced: March 16, 2009 Introduced by: Peters, Gary C. Democratic · Michigan See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2009
Referred to the House Committee on Ways and Means.
Mar 16, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to impose an additional 60% income tax on bonuses exceeding $10,000 paid to employees of businesses in which the federal government has an ownership interest of 79% or more.

What's happening now March 16, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4