Expressing the sense of the Congress that the United States, in concert with the international community, should enact transaction taxes on short-term, cross-border foreign exchange transactions to deter speculation.

Summary

Expresses the sense of the Congress that: (1) the United States should show leadership by enacting, in concert with the international community, transaction taxes on short-term, cross- border foreign exchange transactions to deter speculation and that the adoption of such Tobin- style taxes should be done in coordination with a large number of nations, in a fully transparent and accountable manner, with the revenue dedicated to urgent global needs; (2) the United States should build support for and advocate this position at the World Bank and the International Monetary Fund, as well as within other regional and international organizations; and (3) this should not be done in isolation of other initiatives for reform of global finance and the United States should continue to explore other options with the international community.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 11 April 2000

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 11 April 2000

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 11 April 2000

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.