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United States · Bill · S

S. 3007 (111th)

Wall Street Bonus Tax Act

referredUnited States· United States Congress· EN

Introduced

11 February 2010

Last action

11 February 2010 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Brown, Sherrod [D-OH]

Subjects

Taxation

Source updated

12 December 2025

Taxation

Summary

Wall Street Bonus Tax Act - Amends the Internal Revenue Code to: (1) impose a tax on current or former employees of recipients of financial assistance under the Trouble Asset Relief Program (TARP) for 50% of any bonus exceeding $25,000 paid to them during 2010; and (2) establish in the Treasury the Small Business Growth Fund to hold revenues from such tax. Requires the Administrator of the Small Business Administration (SBA) to establish and carry out a program to make loans directly to small business concerns. Makes amounts from such Fund available to carry out such program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 February 2010

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 11 February 2010

    Introduced

    Sponsor introductory remarks on measure. (CR S570)

    Source: IntroReferral

  3. 11 February 2010

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 11 February 2010

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 11 February 2010

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 11 February 2010

    Open at official source

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Sponsors

Related records

Sources

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