H.R. 6411 (112th): Inclusive Prosperity Act

Sep 14, 2012 (112th Congress, 2011–2013)
Died (Referred to Committee)
Keith Ellison
Representative for Minnesota's 5th congressional district
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Last Updated
Sep 14, 2012
15 pages
Related Bills
S. 1787 (Related)
Wall Street Trading and Speculators Tax Act

Referred to Committee
Last Action: Nov 02, 2011

H.R. 3313 (Related)
Wall Street Trading and Speculators Tax Act

Referred to Committee
Last Action: Nov 02, 2011


This bill was introduced on September 14, 2012, in a previous session of Congress, but was not enacted.

Introduced Sep 14, 2012
Referred to Committee Sep 14, 2012
Full Title

To impose a tax on certain trading transactions to strengthen our financial security, expand opportunity, and stop shrinking the middle class.


No summaries available.

16 cosponsors (16D) (show)

House Ways and Means

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

Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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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.

Inclusive Prosperity Act - Amends the Internal Revenue Code to:
(1) impose a tax on the transfer of ownership in certain securities, including any share of stock in a corporation, any partnership or beneficial interest in a partnership or trust, any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds), or derivative financial instruments; and
(2) allow an individual taxpayer whose modified adjusted gross income does not exceed $50,000 a tax credit for the amount of tax paid on financial transactions under this Act.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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