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H.R. 1527

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses paid by certain businesses owned by the Federal Government.
About This Bill
Committee
Latest Action · March 16, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
March 16, 2009
Cosponsors (16)
16D 0R
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Summary

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Amends the Internal Revenue Code to impose an additional 60% income tax on bonuses exceeding $10,000 paid to employees of businesses in which the federal government has an ownership interest of 79% or more.

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