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United States · Bill · S

S. 751 (111th)

Fair Elections Revenue Act of 2009

referredUnited States· United States Congress· EN

Introduced

31 March 2009

Last action

31 March 2009 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4074)

Sponsors

Sen. Durbin, Richard J. [D-IL], Sen. Specter, Arlen [R-PA], Sen. Dodd, Christopher J. [D-CT]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Fair Elections Revenue Act of 2009 - Amends the Internal Revenue Code to impose an excise tax on payments made pursuant to a U.S. government contract to any person which is not a state or local government or a foreign nation and has contracts with the U.S. government in excess of $10 million. Sets the rate of such tax at 0.50% of amounts paid under any such contract and limits the aggregate annual amount of tax imposed each year to not more than $500,000. Expresses the sense of the Senate that the tax revenues raised by this Act 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. 31 March 2009

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4074)

    Source: IntroReferral

  2. 31 March 2009

    Introduced

    Sponsor introductory remarks on measure. (CR S4073-4074)

    Source: IntroReferral

  3. 31 March 2009

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 31 March 2009

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 31 March 2009

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 31 March 2009

    Open at official source

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Sponsors

Related records

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Sources

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