H.R. 1579 · 113th Congress
Inclusive Prosperity Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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EllisonSponsor28 cosponsors · 28 D
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Blumenauer
JC
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Conyers
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Chu
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Edwards
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Grijalva
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Lee
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McGovern
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Norton
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Lofgren
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McDermott
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Pocan
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Farr
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Napolitano
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Holt
MC
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Capuano
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Takano
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Huffman
JS
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Sarbanes
JS
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Schakowsky
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Nolan
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Hahn
KC
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Clark
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Garamendi
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Hastings
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Honda
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O’Rourke
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Rangel
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Cartwright8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Inclusive Prosperity Act of 2013 - Amends the Internal Revenue Code to: (1) impose an excise tax on the transfer of ownership in certain securities (covered transaction), 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…
What it does: CRS summary · Introduced in House · Apr 16, 2013
Inclusive Prosperity Act of 2013 - Amends the Internal Revenue Code to: (1) impose an excise tax on the transfer of ownership in certain securities (covered transaction), 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; (2) impose a penalty on taxpayers who fail to include a covered transaction on their tax return or information statement; and (3) allow an individual taxpayer whose modified adjusted gross income does not exceed $50,000 ($75,000 for married taxpayers filing joint returns) a tax credit for the amount of tax paid on covered transactions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Inclusive Prosperity Act of 2013
Latest action (Apr 16, 2013): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Apr 16, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.