US HB1654 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 28-0)
Status: Introduced on March 17 2023 - 25% progression
Action: 2023-03-17 - 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 17 2023 - 25% progression
Action: 2023-03-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses and profits from sales of stock received by executives employed by failing banks that were closed and for which the Federal Deposit Insurance Corporation has been appointed as conservator or receiver.
Title
DEPOSIT Act Deliver Executive Profits On Seized Institutions to Taxpayers Act
Sponsors
| Rep. Adam Schiff [D-CA] | Rep. Mike Levin [D-CA] | Rep. Jimmy Gomez [D-CA] | Rep. Mark Takano [D-CA] |
| Rep. Betty McCollum [D-MN] | Rep. Bonnie Coleman [D-NJ] | Rep. John Garamendi [D-CA] | Rep. Kevin Mullin [D-CA] |
| Rep. Raul Grijalva [D-AZ] | Rep. James McGovern [D-MA] | Rep. Chellie Pingree [D-ME] | Rep. Daniel Goldman [D-NY] |
| Rep. Eric Swalwell [D-CA] | Rep. Dwight Evans [D-PA] | Rep. Brendan Boyle [D-PA] | Rep. Mark Pocan [D-WI] |
| Rep. Anna Eshoo [D-CA] | Rep. Andre Carson [D-IN] | Rep. Ro Khanna [D-CA] | Rep. Henry Johnson [D-GA] |
| Rep. Donald Payne [D-NJ] | Rep. Barbara Lee [D-CA] | Rep. Eleanor Norton [D-DC] | Rep. Suzanne Bonamici [D-OR] |
| Rep. Don Beyer [D-VA] | Rep. Tony Cardenas [D-CA] | Rep. Maxwell Frost [D-FL] | Rep. Rashida Tlaib [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-17 | House | Referred to the House Committee on Ways and Means. |
| 2023-03-17 | House | Introduced in House |
Same As/Similar To
SB800 (Same As) 2023-03-14 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/1654/all-info |
| Text | https://www.congress.gov/118/bills/hr1654/BILLS-118hr1654ih.pdf |
