H.R. 6411 · 112th Congress
Inclusive Prosperity Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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EllisonSponsor16 cosponsors · 16 D
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Conyers
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Filner
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Lee
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McGovern
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Stark
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Woolsey
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Grijalva
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Kucinich
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McDermott
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Chu
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Capuano
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Davis
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Edwards
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Norton
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Olver
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Garamendi6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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…
What it does: CRS summary · Introduced in House · Sep 14, 2012
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Inclusive Prosperity Act
Latest action (Sep 14, 2012): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Sep 14, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.