United States · Bill · HR
H.R. 5783 (111th)
Investing in Our Future Act of 2010
Introduced
20 July 2010
Last action
20 July 2010 · Introduced
Status
Referred to House Foreign Affairs
Sponsors
Rep. Stark, Fortney Pete [D-CA-13], Rep. Lee, Barbara [D-CA-12], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Moore, Dennis [D-KS-3], Rep. Filner, Bob [D-CA-51], Rep. Schakowsky, Janice D. [D-IL-9]
Subjects
Taxation, Climate
Source updated
14 August 2025
Summary
Investing in Our Future Act of 2010 - Amends the Internal Revenue Code to impose an excise tax on currency transactions exceeding $10,000 equal to 0.005% of the value of the currency acquired in the transaction (currency transaction tax). Establishes in the Treasury: (1) the Child Care Assistance Trust Fund, which shall be funded with 20% of the revenues from the currency transactions tax and which shall be used to provide increased allocations to states for child care assistance; (2) the Multilateral Global Health Trust Fund, which shall be funded with 40% of the revenues from such tax and from which the Secretary of State shall make grants to assist developing countries in addressing HIV/AIDS, tuberculosis, malaria, maternal mortality, family planning, neglected diseases, and other health issues; and (3) the Global Climate Change Adaptation and Mitigation Trust Fund, which shall be funded with 40% of the revenues from such tax and which shall be used for contributions to a United Nations Framework Convention on Climate Change global climate fund for climate change adaptation and mitigation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
20 July 2010
Introduced
Referred to House Ways and Means
Source: IntroReferral
20 July 2010
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
20 July 2010
Introduced
Sponsor introductory remarks on measure. (CR E1371)
Source: IntroReferral
20 July 2010
Introduced
Introduced in House
Source: IntroReferral
20 July 2010
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 20 July 2010 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 20 July 2010
Introduced in House (PDF)
Introduced in House · EN · 20 July 2010
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Introduced in House
summary · EN · 20 July 2010
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Stark, Fortney Pete [D-CA-13] · D · Sponsor
- Rep. Lee, Barbara [D-CA-12] · D · Cosponsor
- Rep. Jackson, Jesse L., Jr. [D-IL-2] · D · Cosponsor
- Rep. Grijalva, Raúl M. [D-AZ-7] · D · Cosponsor
- Rep. Kucinich, Dennis J. [D-OH-10] · D · Cosponsor
- Rep. Moore, Dennis [D-KS-3] · D · Cosponsor
- Rep. Filner, Bob [D-CA-51] · D · Cosponsor
- Rep. Schakowsky, Janice D. [D-IL-9] · D · Cosponsor
- · hsfa00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5783
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5783
- us · 111-hr-5783 · source updated 14 August 2025