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HR 1543 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 tax on bonuses received from companies receiving TARP funds.

Introduced: March 17, 2009 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2009
Referred to the House Committee on Ways and Means.
Mar 17, 2009
Sponsor introductory remarks on measure. (CR H3447)
Mar 17, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to impose an additional 95% income tax on bonuses paid to current or former employees of entities that received funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.

What's happening now March 17, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3