summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
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.
Committee Categories
Budget and Finance
Sponsors (17)
Michael Capuano (D),
Judy Chu (D),
John Conyers (D),
Danny Davis (D),
Donna Edwards (D),
Keith Ellison (D),
Bob Filner (D),
John Garamendi (D),
Raúl Grijalva (D),
Dennis Kucinich (D),
Barbara Lee (D),
Jim McDermott (D),
Jim McGovern (D),
Eleanor Holmes Norton (D),
John Olver (D),
Fortney Stark (D),
Lynn Woolsey (D),
Last Action
Referred to the House Committee on Ways and Means. (on 09/14/2012)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/house-bill/6411/all-info |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr6411ih/pdf/BILLS-112hr6411ih.pdf.pdf |
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