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H.R. 1111

BillFederalHouseIn Committee
Business Should Mind Its Own Business Act
About This Bill
Committee
Latest Action · March 13, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
March 13, 2013
Cosponsors (0)
None
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Summary

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Business Should Mind Its Own Business Act - Amends the Internal Revenue Code to impose on corporations a 500% excise tax on the total amount of their campaign contributions and electioneering communications on behalf of a candidate for federal office. Denies such corporations a tax deduction for payment of such taxes.

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