3.0.0 751 2023-01-11T13:19:40Z 2023-01-11T13:19:40Z Senate S S 2009-03-31 111 ssfi00 Finance Committee Senate Standing Referred to 2009-03-31T22:24:43Z 2009-03-31 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4074) IntroReferral 2009-03-31 Sponsor introductory remarks on measure. (CR S4073-4074) IntroReferral B00100 9 Library of Congress 2009-03-31 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA 2009-03-31 True D000388 Sen. Dodd, Christopher J. [D-CT] CHRISTOPHER DODD D CT JOHN 2009-05-14 False Taxation Elections, voting, political campaign regulation Government trust funds Public contracts and procurement Sales and excise taxes Senate Taxation 00 2009-03-31 Introduced in Senate 2009-04-13T19:45:49Z Fair Elections Revenue Act of 2009 - Amends the Internal Revenue Code to impose an excise tax on payments made pursuant to a U.S. government contract to any person which is not a state or local government or a foreign nation and has contracts with the U.S. government in excess of $10 million. Sets the rate of such tax at 0.50% of amounts paid under any such contract and limits the aggregate annual amount of tax imposed each year to not more than $500,000.

Expresses the sense of the Senate that the tax revenues raised by this Act be used for the financing of a Fair Elections Fund and the public financing of Senate elections.

]]> Fair Elections Revenue Act of 2009 Display Title Fair Elections Revenue Act of 2009 Official Title as Introduced A bill to establish a revenue source for fair elections financing of Senate campaigns by providing an excise tax on amounts paid pursuant to contracts with the United States Government. Introduced in Senate IS Short Titles as Introduced Fair Elections Revenue Act of 2009 Introduced in Senate 2009-03-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s751is/xml/BILLS-111s751is.xml 2009-03-31 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4074) 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.