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- S.749
S.749: Fair Elections Revenue Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced April 6, 2011
- Latest Major Action April 12, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (11 Democrats, 1 Independent Democrat)
Bill Summary
Fair Elections Revenue Act of 2011 - Amends the Internal Revenue Code to impose an excise tax on payments made pursuant to a U.S. government contract to any person that is not a state or local government, a foreign nation, or a tax-exempt organization and that has contracts with the U.S. government in excess of $10 million. Sets the rate of such tax imposed on any payment to a qualified person under any such contract at 0.50% of the amount...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Finance.
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Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held.
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| April 6, 2011 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |