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H.R. 4414

BillFederalHouseIntroduced
Responsible Banking Act of 2010
About This Bill
Introduced
Latest Action · January 13, 2010
Sponsor introductory remarks on measure. (CR H44)
Congress
111th (2009–2011)
Introduced
January 12, 2010
Cosponsors (8)
8D 0R
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Summary

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Responsible Banking Act of 2010 - Amends the Internal Revenue Code to impose a 75% tax for the next five years on any bonus for services performed for the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), any financial institution, insurance company, hedge fund, financial adviser, or broker or dealer in securities, and any lending or finance business.

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