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- S.647
S.647: Wall Street Tax Act of 2019
About This Bill
- Introduced March 5, 2019
- Latest Major Action March 5, 2019
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in Senate - March 5, 2019
Bill Summary
Wall Street Tax Act of 2019 This bill imposes a 0.1% excise tax on certain financial transactions such as the purchase of stocks, bonds, and derivatives. The tax applies to the purchase of a security if (1) such purchase occurs on, or is subject to the rules of, a qualified board or exchange located in the United States; or (2) the purchaser or seller is a U.S. person. A "security" includes a share of stock in a corporation; a partnership...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 5, 2019 |
Read twice and referred to the Committee on Finance.
|
| March 5, 2019 |
Introduced in the Senate by Brian Schatz (D-Hawaii) |