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- S.751
S.751: Fair Elections Revenue Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced March 31, 2009
- Latest Major Action March 31, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (3 Democrats, 1 Republican)
Bill Summary
Fair Elections Revenue Act of 2009 - Amends the Internal Revenue Code to impose an excise tax on payments made pursuant to a U.S. government contract to any person which is not a state or local government or a foreign nation and has contracts with the U.S. government in excess of $10 million. Sets the rate of such tax at 0.50% of amounts paid under any such contract and limits the aggregate annual amount of tax imposed each year to not more...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| March 31, 2009 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |