Bill > S1676

Introduced Session

Buffett Rule Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt. Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.

AI Summary

Committee Categories

Lamar Alexander (R),  Kelly Ayotte (R),  John Barrasso (R),  Roy Blunt (R),  John Boozman (R),  Richard Burr (R),  Saxby Chambliss (R),  Daniel Coats (R),  Thad Cochran (R),  Bob Corker (R),  John Cornyn (R),  Mike Crapo (R),  Jim DeMint (R),  Michael Enzi (R),  Lindsey Graham (R),  Chuck Grassley (R),  Orrin Hatch (R),  Dean Heller (R),  John Hoeven (R),  Kay Hutchison (R),  James Inhofe (R),  Johnny Isakson (R),  Mike Johanns (R),  Ron Johnson (R),  Mark Kirk (R),  Jon Kyl (R),  Mike Lee (R),  Richard Lugar (R),  John McCain (R),  Mitch McConnell (R),  Rand Paul (R),  Rob Portman (R),  Jim Risch (R),  Pat Roberts (R),  Marco Rubio (R),  Jeff Sessions (R),  Richard Shelby (R),  John Thune (R),  Pat Toomey (R),  David Vitter (R),  Roger Wicker (R), 

Read twice and referred to the Committee on Finance. (on 10/06/2011)

Official Document