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H.R. 1586: | To impose an additional tax on bonuses received from certain TARP recipients | 111th Congress 2009-2010 |
OverviewSponsor: | | Text: | Summary
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Full Text | Status: |  | Introduced | Mar 18, 2009 |  | Referred to Committee | View Committee Assignments |  | Reported by Committee | Mar 23, 2009 |  | Passed House | Mar 19, 2009 |  | Senate Vote | ... |  | Signed by President | ... |
This bill has been passed in the House.
The bill now goes on to be voted on in the Senate.
Keep in mind that debate may be taking place on a companion bill in the
Senate, rather than on this particular bill.
[Last Updated: Nov 13, 2009 5:41PM] | Last Action: | Mar 23, 2009:
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 36. | Related: | See the Related Legislation page for other bills related to this one and a list of subject terms
that have been applied to this bill.
Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned. | Votes: | Mar 19, 2009:
This bill passed in the House of Representatives by roll call vote.
The vote was held under a suspension of the rules to cut debate
short and pass the bill, needing a two-thirds majority.
This usually occurs for non-controversial legislation.
The totals were 328 Ayes, 93 Nays, 10 Present/Not Voting.
Vote Details.
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Question & Answer 
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See 6 more questions posed on this topic or submit your own question on the Q&A page.
Mar 25, 2009 11:28 AM - Will this tax be levied against severance and/or transition pay of financial employees being laid off from failing institutions, such as WAMU? -
Answer it!Mar 25, 2009 5:26 PM - Doesn't this kind of legislation violate the ex post facto and bill of attainder bans in the Constitution? -
Read AnswersAnswered by a visitor on Apr 20, 2009 12:19 AM -
Yes, this bill clearly violates Article 1, section 9 of the Constitution. Congress may not pass bills that punish specific individuals retroactively |
Sources of InfluenceMAPLight.org reports that the following organizations
have taken a stance on this bill: | Support | Oppose |
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(none)
| Heritage Foundation GOPUSA |
Follow the link to MAPLight.org to see if campaign contributions from employees of these organizations are correlated with how Members of Congress voted on this bill. Because the U.S. Congress posts most legislative information online one legislative day after events occur, GovTrack is usually one legislative day behind. For more information about where this data comes from, see
About GovTrack.us. H.R. 1586--111th Congress: To impose an additional tax on bonuses received from certain TARP recipients.
(2009).
In GovTrack.us (database of federal legislation).
Retrieved Nov 22, 2009, from
http://www.govtrack.us/congress/bill.xpd?bill=h111-1586
"H.R. 1586--111th Congress: To impose an additional tax on bonuses received from certain TARP recipients."
GovTrack.us (database of federal legislation).
2009.
Nov 22, 2009
<http://www.govtrack.us/congress/bill.xpd?bill=h111-1586>
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