H.R. 1543 (111th): To amend the Internal Revenue Code of 1986 to impose a tax on bonuses received from companies receiving TARP funds.

Introduced:
Mar 17, 2009 (111th Congress, 2009–2010)
Sponsor:
Rep. John Dingell [D-MI15]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on March 17, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 17, 2009
Cosponsors
7 cosponsors (7D) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

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Last updated Mar 17, 2009.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

3/17/2009--Introduced.
Amends the Internal Revenue Code to impose an additional 95% income tax on bonuses paid to current or former employees of entities that received funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.

House Republican Conference Summary

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House Democratic Caucus Summary

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