H.R.1543: To amend the Internal Revenue Code of 1986 to impose a tax on bonuses received from companies receiving TARP funds.

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced March 17, 2009
  • Latest Major Action March 17, 2009

Bill Summary

Amends the Internal Revenue Code to impose an additional 95% income tax on bonuses paid to current or former employees of entities that received funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
March 17, 2009

Introduced in the House by John D. Dingell (D-Mich.)

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