To amend the Internal Revenue Code of 1986 to impose a higher rate of tax on bonuses paid by businesses receiving TARP funds.
AIG Key Executives Bonus Accountability and Capture (TAKE BACK) Act - Amends the Internal Revenue Code to impose a 100% income tax on bonuses (over $1) paid to employees by entities who received financial assistance under the Troubled Asset Relief Program (TARP).
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Became Public Law No: 111-226.
Referred to the House Committee on Ways and Means.
Referred to House Financial Services
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E701-702)
Referred to the House Committee on Ways and Means.
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