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HR 1598 111th Congress House Taxation Corporate finance and management Financial crises and stabilization Income tax rates Wages and earnings

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

Introduced: March 18, 2009 Introduced by: Moore, Gwen Democratic · Wisconsin 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 18, 2009
Referred to the House Committee on Ways and Means.
Mar 18, 2009
Sponsor introductory remarks on measure. (CR E701-702)
Mar 18, 2009
Introduced in House
 Plain-English summary Congressional Research Service

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act - Amends the Internal Revenue Code to impose a 100% income tax on bonuses (over $1) paid to employees by entities who received financial assistance under the Troubled Asset Relief Program (TARP).

What's happening now March 18, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1