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- S.321
S.321: Paying a Fair Share Act of 2013
About This Bill
- Introduced Feb. 13, 2013
- Latest Major Action Feb. 13, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (12 Democrats, 1 Independent Democrat)
Bill Summary
Paying a Fair Share Act of 2013 - Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax). Establishes the amount of such tax as the excess (if any) of the tentative fair share tax over the...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 13, 2013 |
Read twice and referred to the Committee on Finance.
|
Feb. 13, 2013 |
Introduced in the Senate by Sheldon Whitehouse (D-R.I.) |