United States · Bill · HR
H.R. 7125 (110th)
Let Wall Street Pay for Wall Street's Illiquid Assets Act of 2008
Introduced
26 September 2008
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Let Wall Street Pay for Wall Street's Illiquid Assets Act of 2008 - Amends the Internal Revenue Code to impose an excise tax on securities or commodity transactions equal to 0.25% of the value of the instruments involved in such transactions. Makes such tax payable by the trading facility on which such transactions occur.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 September 2008
Introduced in House (PDF)
Introduced in House · EN · 26 September 2008
Introduced in House
summary · EN · 26 September 2008
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/110th-congress/house-bill/7125
- Open data entity: https://api.congress.gov/v3/bill/110/hr/7125