H.R. 1598 · 111th Congress

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

Stage
In committee
Sponsor
Gwen Moore
Introduced
2009-03-18
Latest action
2009-03-18 · Introduced in House

Summary

AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act - Amends the Internal Revenue Code to impose a 100% income tax on bonuses (over $1) paid to employees by entities who received financial assistance under the Troubled Asset Relief Program (TARP).