H.R. 4853 · 109th Congress
Excess War Profits Act of 2006
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Excess War Profits Act of 2006 - Amends the Internal Revenue Code to impose an additional tax of 15% of taxable income attributable to contracts with the United States specifically for goods or services for the war in Iraq. Exempts amounts received by members of the U.S. Armed Forces or federal employees for their services from such tax.
What it does: CRS summary · Introduced in House · Mar 2, 2006
Excess War Profits Act of 2006 - Amends the Internal Revenue Code to impose an additional tax of 15% of taxable income attributable to contracts with the United States specifically for goods or services for the war in Iraq. Exempts amounts received by members of the U.S. Armed Forces or federal employees for their services from such tax.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Excess War Profits Act of 2006
Latest action (Mar 2, 2006): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Mar 2, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.