US HB1111 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 13 2013 - 25% progression, died in committee
Action: 2013-03-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 13 2013 - 25% progression, died in committee
Action: 2013-03-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Business Should Mind Its Own Business Act - Amends the Internal Revenue Code to impose on corporations a 500% excise tax on the total amount of their campaign contributions and electioneering communications on behalf of a candidate for federal office. Denies such corporations a tax deduction for payment of such taxes.
Title
Business Should Mind Its Own Business Act
Sponsors
| Rep. Alan Grayson [D-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-03-13 | House | Referred to the House Committee on Ways and Means. |
Subjects
Corporate finance and management
Elections, voting, political campaign regulation
Income tax deductions
Sales and excise taxes
Taxation
Elections, voting, political campaign regulation
Income tax deductions
Sales and excise taxes
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/1111/all-info |
| Text | https://www.congress.gov/113/bills/hr1111/BILLS-113hr1111ih.pdf |
