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- H.R.4426
H.R.4426: Wall Street Bonus Tax Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 12, 2010
- Latest Major Action Jan. 12, 2010
Bill Sponsor
Bill Cosponsors
64 (All Democrats)
Bill Summary
Wall Street Bonus Tax Act - Amends the Internal Revenue Code to: (1) impose a tax on current or former employees of recipients of financial assistance under the Trouble Asset Relief Program (TARP) for 50% of any bonus exceeding $50,000 paid to them during 2010; and (2) establish in the Treasury the Small Business Growth Fund to hold revenues from such tax. Requires the Administrator of the Small Business Administration (SBA) to establish and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Ways and Means
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Referred to House Small Business
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Referred to the Subcommittee on Finance and Tax.
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Jan. 12, 2010 |
Introduced in the House by Peter Welch (D-Vt.) |