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H.R. 6411 112th Congress House

Inclusive Prosperity Act

Official title: To impose a tax on certain trading transactions to strengthen our financial security, expand opportunity, and stop shrinking the middle class.

Introduced: October 19, 2012 See on congress.gov
Taxation Financial services and investmentsIncome tax creditsSales and excise taxesSecurities
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Sep 14, 2012
Introduced in House
Sep 14, 2012
Referred to the House Committee on Ways and Means.
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 Latest action September 14, 2012

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Inclusive Prosperity Act - Amends the Internal Revenue Code to: (1) impose a tax on the transfer of ownership in certain securities, including any share of stock in a corporation, any partnership or beneficial interest in a partnership or trust, any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds), or derivative financial instruments; and (2) allow an individual taxpayer whose modified adjusted gross income does not exceed $50,000 a tax credit for the amount of tax paid on financial transactions under this Act.

 Related & companion bills 2
  • HR 3313 Wall Street Trading and Speculators Tax Act
  • S 1787 Wall Street Trading and Speculators Tax Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 5
D
Garamendi, John
California · Nov 16, 2012
CAPUANO, MICHAEL
· Oct 19, 2012
 D
Davis, Danny K.
Illinois · Oct 19, 2012
 D
Norton, Eleanor Holmes
District of Columbia · Oct 19, 2012
OLVER, JOHN
· Oct 19, 2012
 D
Chu, Judy
California · Sep 21, 2012
KUCINICH, DENNIS
· Sep 20, 2012
FILNER, BOB
· Sep 14, 2012
 D
McGovern, James P.
Massachusetts · Sep 14, 2012
WOOLSEY, LYNN
· Sep 14, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6411: Inclusive Prosperity Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6411/
MLA
"H.R. 6411: Inclusive Prosperity Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6411/.
Bluebook (legal)
H.R. 6411, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6411/.
Markdown link
[H.R. 6411: Inclusive Prosperity Act](https://openamerica.io/bill/112-HR-6411/)
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