US Congress Senate Bill 749 (Prior Session Legislation)

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Sponsorship: Strong Partisan Bill (Democrat 12-1)
Status: Introduced on April 6 2011 - 25% progression, died in chamber
Action: 2011-04-12 - Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held.
Text: Latest bill text (Introduced) [PDF]

Fair Elections Revenue Act of 2011 - Amends the Internal Revenue Code to impose an excise tax on payments made pursuant to a U.S. government contract to any person that is not a state or local government, a foreign nation, or a tax-exempt organization and that has contracts with the U.S. government in excess of $10 million. Sets the rate of such tax imposed on any payment to a qualified person under any such contract at 0.50% of the amount paid and limits the aggregate annual amount of tax so imposed for any calendar year to not more than $500,000. Expresses the sense of the Senate that the tax revenues raised by this Act should be used for the financing of a Fair Elections Fund and the public financing of Senate elections.

Fair Elections Revenue Act of 2011

Sen. Richard Durbin [D-IL]	Sen. Barbara Boxer [D-CA]	Sen. Benjamin Cardin [D-MD]	Sen. Al Franken [D-MN]
Sen. Tom Harkin [D-IA]	Sen. John Kerry [D-MA]	Sen. Amy Klobuchar [D-MN]	Sen. Patrick Leahy [D-VT]
Sen. Jeff Merkley [D-OR]	Sen. Barbara Mikulski [D-MD]	Sen. Bernard Sanders [I-VT]	Sen. Jeanne Shaheen [D-NH]
Sen. Jon Tester [D-MT]

Date	Chamber	Action
2011-04-12	Senate	Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held.
2011-04-06	Senate	Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2202)

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/749/all-info
Text	https://www.congress.gov/112/bills/s749/BILLS-112s749is.pdf