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HR 4414 111th Congress House Taxation Employee benefits and pensions Financial services and investments Housing finance and home ownership Income tax rates Insurance industry and regulation Wages and earnings

Responsible Banking Act of 2010

Introduced: January 12, 2010 See on congress.gov
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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 13, 2010
Sponsor introductory remarks on measure. (CR H44)
Jan 12, 2010
Referred to the House Committee on Ways and Means.
Jan 12, 2010
Sponsor introductory remarks on measure. (CR H12, H16-17)
Jan 12, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Responsible Banking Act of 2010 - Amends the Internal Revenue Code to impose a 75% tax for the next five years on any bonus for services performed for the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), any financial institution, insurance company, hedge fund, financial adviser, or broker or dealer in securities, and any lending or finance business.

What's happening now January 13, 2010

Sponsor introductory remarks on measure. (CR H44)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4414: Responsible Banking Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4414/
MLA
"H.R. 4414: Responsible Banking Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4414/.
Bluebook (legal)
H.R. 4414, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4414/.
Markdown link
[H.R. 4414: Responsible Banking Act of 2010](https://openamerica.io/bill/111-HR-4414/)
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