US Congress House Bill 3313 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 37-0)
Status: Introduced on November 2 2011 - 25% progression, died in committee
Action: 2011-11-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Wall Street Trading and Speculators Tax Act - Amends the Internal Revenue Code to impose a .03% excise tax on the purchase of a security: (1) if such purchase occurs on a trading facility located in the United States, or (2) the purchaser or seller is a U.S. person. Defines "security" to include: (1) stocks, partnership interests, notes, bonds, debentures, or other evidences of indebtedness; and (2) interests in a derivative financial instrument (i.e., any option, forward contract, futures contract, notional principal contract, or any similar financial instrument). Exempts from such tax: (1) initial issues of securities; (2) any note, bond, debenture, or other evidence of indebtedness which has a fixed maturity of not more than 100 days; and (3) securities traded pursuant to certain lending arrangements.

Wall Street Trading and Speculators Tax Act

Rep. Peter DeFazio [D-OR]	Rep. Joe Baca [D-CA]	Rep. Earl Blumenauer [D-OR]	Rep. Bruce Braley [D-IA]
Rep. Corrine Brown [D-FL]	Rep. Michael Capuano [D-MA]	Rep. David Cicilline [D-RI]	Rep. John Conyers [D-MI]
Rep. Rosa DeLauro [D-CT]	Rep. Donna Edwards [D-MD]	Rep. Keith Ellison [D-MN]	Rep. Sam Farr [D-CA]
Rep. Bob Filner [D-CA]	Rep. Raul Grijalva [D-AZ]	Rep. Janice Hahn [D-CA]	Rep. Maurice Hinchey [D-NY]
Sen. Mazie Hirono [D-HI]	Rep. Tim Holden [D-PA]	Rep. Jesse Jackson [D-IL]	Rep. Henry Johnson [D-GA]
Rep. Zoe Lofgren [D-CA]	Rep. James McGovern [D-MA]	Rep. Michael Michaud [D-ME]	Rep. James Moran [D-VA]
Rep. Grace Napolitano [D-CA]	Rep. Eleanor Norton [D-DC]	Rep. John Olver [D-MA]	Rep. Chellie Pingree [D-ME]
Rep. Silvestre Reyes [D-TX]	Rep. John Sarbanes [D-MD]	Rep. Janice Schakowsky [D-IL]	Rep. Robert Scott [D-VA]
Rep. Louise Slaughter [D-NY]	Rep. Fortney Stark [D-CA]	Rep. Betty Sutton [D-OH]	Sen. Peter Welch [D-VT]
Rep. Lynn Woolsey [D-CA]

Date	Chamber	Action
2011-11-02	House	Referred to the House Committee on Ways and Means.

SB1787 (Same As) 2011-11-02 - Read twice and referred to the Committee on Finance.
HB3638 (Related) 2012-02-09 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
SB2252 (Related) 2012-03-29 - Read twice and referred to the Committee on Finance.
HB5727 (Related) 2012-06-04 - Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
HB5909 (Related) 2012-07-10 - Referred to the Subcommittee on Military Personnel.
SB3272 (Related) 2012-06-07 - Read twice and referred to the Committee on Finance.
HB6411 (Related) 2012-09-14 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3313/all-info
Text	https://www.congress.gov/112/bills/hr3313/BILLS-112hr3313ih.pdf