Comprehensive Transform America Transaction Fee Act of 2009

Summary

Comprehensive Transform America Transaction Fee Act of 2009 - Directs the Secretary of the Treasury to conduct an in-depth study on the implementation of a transaction fee in the United States to replace all existing federal taxes. Sets forth guidelines for such study, including: (1) an identification of the transactions to which such fee would apply; (2) exclusions from such fee; (3) the rate of such fee; (4) potential uses for revenue from such fee; (5) progressivity standards; and (6) general matters, including point of liability for such fee and responsibility for collection. Requires the Secretary to report to Congress on the results of such study within one year after the enactment of this Act with a comprehensive analysis of various aspects of the transaction fee, including revenue generation, impact on the national economy, and implementation.

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Timeline

1. 25 March 2009

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 25 March 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 March 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 March 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 March 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 March 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 March 2009

  Open at official source

Sponsors

• Rep. Fattah, Chaka [D-PA-2] · D · Sponsor
• · hswm00 · Standing

Related records

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