H.R.1598: AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced March 18, 2009
  • Latest Major Action March 18, 2009

Bill Sponsor

Bill Summary

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act - Amends the Internal Revenue Code to impose a 100% income tax on bonuses (over $1) paid to employees by entities who received financial assistance under the Troubled Asset Relief Program (TARP).

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
March 18, 2009

Introduced in the House by Gwen Moore (D-Wis.)

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