close
114th Congress: We're updating with new data as it becomes available.

S.3007 - Wall Street Bonus Tax Act

A bill to amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP recipients, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP recipients, and for other purposes. as introduced.
  • Short: Wall Street Bonus Tax Act as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 1,527
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
02/11/10
 
 
 
 
 
 
 

Official 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 $25,000 paid to them during 2010; and (2) establish in the Trea

Official 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 $25,000 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 carry out a program to make loans directly to small business concerns. Makes amounts from such Fund available to carry out such program.

...Read the Rest




Vote on This Bill

50% Users Support Bill

3 in favor / 3 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC