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United States · Bill · S

S. 749 (112th)

Fair Elections Revenue Act of 2011

openUnited States· United States Congress· EN

Introduced

6 April 2011

Last action

12 April 2011 · Committee

Status

Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held.

Sponsors

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

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

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.

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

Timeline

  1. 6 April 2011

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2202)

    Source: IntroReferral

  2. 6 April 2011

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 12 April 2011

    Committee

    Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held.

    Source: Committee

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 · 6 April 2011

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 6 April 2011

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 6 April 2011

    Open at official source

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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