H.R. 1598 - AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

H.R. 1598 — 111^th Congress (2009–2010)

Summary

To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses paid by businesses receiving TARP funds. (by CRS)

Learn More

At OpenCongress

Title

To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses paid by businesses receiving TARP funds.

Other Titles

• AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act

Sponsor

Gwen Moore

Co-Sponsors

Subjects

• Taxation
• Corporate finance and management
• Financial crises and stabilization
• Income tax rates
• Wages and earnings

Related Bills

• H.R. 1518 (111^th) : Bailout Bonus Tax Bracket Act of 2009
• H.R. 1527 (111^th) : To Amend the Internal Revenue Code of 1986 to Impose a Higher Rate of Tax on Bonuses Paid by Certain Businesses Owned by the Federal Government.
• H.R. 1542 (111^th) : 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.
• H.R. 1543 (111^th) : To Amend the Internal Revenue Code of 1986 to Impose a Tax on Bonuses Received from Companies Receiving TARP Funds.
• H.R. 1572 (111^th) : Taxpayer Protection Act
• H.R. 1586 (111^th) : FAA Air Transportation Modernization and Safety Improvement Act
• H.R. 1801 (111^th) : To Amend the Internal Revenue Code of 1986 to Impose a 70 Percent Tax on Certain Compensation Received from Certain Companies Receiving Federal Bailout Funds.
• H.R. 3452 (111^th) : Recoupment of Wall Street Bonus Act

Major Actions

Introduced	3/18/2009
Referred to Committee

Bill History

• All Votes
• All Actions
• Amendments

There have been no votes on this bill.

	Action	Date	Description
	Introduced	3/18/2009
		3/18/2009	Sponsor introductory remarks on measure. (CR E701-702)
		3/18/2009	Referred to the House Committee on Ways and Means.

	Number	Sponsor	Date Offered	Status