3.0.0 2927 2023-01-11T13:16:48Z 2023-01-11T13:16:48Z Senate S S 2009-12-23 111 ssfi00 Finance Committee Senate Standing Referred to 2009-12-23T21:54:42Z 2009-12-23 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2009-12-23 Introduced in Senate IntroReferral 10000 9 Library of Congress H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD N S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2009-12-23 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2009-12-23 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2009-12-23 True Taxation Financial services and investments Sales and excise taxes Securities Tax administration and collection, taxpayers Taxation

00 2009-12-23 Introduced in Senate 2010-01-28T23:09:12Z Wall Street Fair Share Act - Amends the Internal Revenue Code to impose an excise tax on securities trading facilities, brokers, and purchasers for certain securities transactions. Sets such tax at .25% of the fair market value of the security traded. Defines "security" to include stock in a corporation, partnership interests, debt instruments, or interests in certain derivative financial instruments. Exempts from such tax an initial issue of securities, transactions in certain retirement, education, and health savings accounts, and transactions in mutual funds. Allows the purchaser of securities a credit against the excise tax for the lesser of the tax incurred or $250 ($500 for married couples filing joint tax returns). Requires withholding of excise tax amounts by the transferor of securities subject to the tax.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2009-12-23T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s2927is/xml/BILLS-111s2927is.xml 2009-12-23 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.