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HR 1464 114th Congress House

Inclusive Prosperity Act of 2015

Official title: To impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our finan… Show full official titleShow less

Official title: To impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility.

Introduced: March 19, 2015 See on congress.gov
Taxation Financial services and investmentsGovernment information and archivesIncome tax creditsSales and excise taxes
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SecuritiesTax administration and collection, taxpayers
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Mar 19, 2015
Referred to the House Committee on Ways and Means.
Mar 19, 2015
Introduced in House
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 Latest action March 19, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Inclusive Prosperity Act of 2015

Amends the Internal Revenue Code to: (1) impose an excise tax on the transfer of ownership in certain securities (covered transaction), 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; (2) impose a penalty on taxpayers who fail to include a covered transaction on their tax return or information statement; and (3) allow an individual taxpayer whose modified adjusted gross income does not exceed $50,000 ($75,000 for married taxpayers filing joint returns) a tax credit for the amount of tax paid on covered transactions.

 Related & companion bills 2
  • S 1373 Related bill College for All Act
  • S 1371 Related bill Inclusive Prosperity Act of 2015
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 15
All 15 Democratic 15
D
Lieu, Ted
California · Sep 8, 2015
 D
Johnson, Henry C. "Hank"
Georgia · Jun 17, 2015
 D
Lofgren, Zoe
California · May 18, 2015
 D
Pingree, Chellie
Maine · May 15, 2015
 D
Van Hollen, Chris
Maryland · May 12, 2015
 D
Garamendi, John
California · Apr 30, 2015
 D
Huffman, Jared
California · Apr 16, 2015
 D
Carson, André
Indiana · Apr 15, 2015
 D
Chu, Judy
California · Apr 13, 2015
 D
Clark, Katherine M.
Massachusetts · Mar 19, 2015
 D
McGovern, James P.
Massachusetts · Mar 19, 2015
 D
Norton, Eleanor Holmes
District of Columbia · Mar 19, 2015
 D
Pocan, Mark
Wisconsin · Mar 19, 2015
 D
Schakowsky, Janice D.
Illinois · Mar 19, 2015
 D
Takano, Mark
California · Mar 19, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1464: Inclusive Prosperity Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1464/
MLA
"H.R. 1464: Inclusive Prosperity Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1464/.
Bluebook (legal)
H.R. 1464, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1464/.
Markdown link
[H.R. 1464: Inclusive Prosperity Act of 2015](https://openamerica.io/bill/114-HR-1464/)
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