H.R. 1543 · 111th Congress

To amend the Internal Revenue Code of 1986 to impose a tax on bonuses received from companies receiving TARP funds.

Stage
In committee
Introduced
2009-03-17
Latest action
2009-03-17 · Introduced in House

Summary

Amends the Internal Revenue Code to impose an additional 95% income tax on bonuses paid to current or former employees of entities that received funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.