Inclusive Prosperity Act of 2017
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.
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Referred to the House Committee on Ways and Means.
Inclusive Prosperity Act of 2017
This bill 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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1144: Inclusive Prosperity Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1144/
"H.R. 1144: Inclusive Prosperity Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1144/.
H.R. 1144, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1144/.
[H.R. 1144: Inclusive Prosperity Act of 2017](https://openamerica.io/bill/115-HR-1144/)