H.R. 1542 (111th): To amend the Internal Revenue Code of 1986 to impose a 100 percent tax on bonuses paid by businesses that receive TARP assistance and are majority owned by the Federal Government.

Introduced:

Mar 17, 2009
111th Congress, 2009–2010

Status:
Died in a previous Congress

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

Sponsor:

Carolyn Maloney

Representative for New York's 14th congressional district

Democrat

Text:

Read Text »
Last Updated: Mar 17, 2009
Length: 4 pages

About the bill

Summary (CRS)
3/17/2009--Introduced.Amends the Internal Revenue Code to impose an additional 100% income tax on bonuses paid to the employees of entities that received assistance under the Troubled Asset Relief Program (TARP) ... Read more >
Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 1586 (Related)
FAA Air Transportation Modernization and Safety Improvement Act

Enacted — Signed by the President
Aug 10, 2010

H.R. 3452 (Related)
Recoupment of Wall Street Bonus Act

Referred to Committee
Last Action: Jul 31, 2009

What is a bill?

The “H.R.” in “H.R. 1542” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.

History

Introduced
Mar 17, 2009

Details

Cosponsors
7 cosponsors (7D) (show)
Committee Assignments

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

Votes

There have been no votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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