3.0.0 755 2023-01-11T13:20:34Z 2023-01-11T13:20:34Z House H HR 2011-02-17 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. STARK:H.R. 755.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I of the Constitution.[Page H1178]]]> hsfa00 Foreign Affairs Committee House Standing Referred to 2011-02-17T14:02:40Z hswm00 Ways and Means Committee House Standing Referred to 2011-02-17T14:02:35Z 2011-02-18 Sponsor introductory remarks on measure. (CR E262-263) IntroReferral B00100 9 Library of Congress 2011-02-17 Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2011-02-17 Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-02-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-02-17 Introduced in House IntroReferral 1000 9 Library of Congress S000810 Rep. Stark, Fortney Pete [D-CA-13] PETE STARK D CA 13 N J000283 Rep. Jackson, Jesse L., Jr. [D-IL-2] JESSE JACKSON D IL L. 2 2011-02-17 True L000551 Rep. Lee, Barbara [D-CA-9] BARBARA LEE D CA 9 2011-02-17 True F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2011-02-17 True C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2011-03-01 False Taxation Child care and development Child health Climate change and greenhouse gases Currency Family planning and birth control Financial services and investments Foreign aid and international relief Government trust funds HIV/AIDS Health programs administration and funding Infectious and parasitic diseases International law and treaties International organizations and cooperation Sales and excise taxes United Nations World health Taxation 00 2011-02-17 Introduced in House 2011-03-21T18:22:10Z Investing in Our Future Act of 2011- Amends the Internal Revenue Code to impose an excise tax on currency transactions exceeding $10,000 equal to 0.005% of the value of the currency acquired in the transaction (currency transaction tax).

Establishes in the Treasury: (1) the Child Care Assistance Trust Fund, which shall be funded with 10% of the revenues from the currency transactions tax and which shall be used to provide increased allocations to states for child care assistance; (2) the Multilateral Global Health Trust Fund, which shall be funded with 25% of the revenues from such tax and from which the Secretary of State shall make grants to assist developing countries in addressing HIV/AIDS, tuberculosis, malaria, maternal mortality, family planning, neglected diseases, and other health issues; and (3) the Global Climate Change Adaptation and Mitigation Trust Fund, which shall be funded with 25% of the revenues from such tax and which shall be used for contributions to the Green Climate Fund, and the Adaptation Fund, established pursuant to the United Nations Framework Convention on Climate Change. Requires remaining tax revenues to be used for federal budget deficit reduction or reduction of the federal debt.

]]> Investing in Our Future Act of 2011 Display Title Investing in Our Future Act of 2011 Official Title as Introduced To amend the Internal Revenue Code of 1986 to impose an excise tax on currency transactions. Introduced in House IH Short Titles as Introduced Investing in Our Future Act of 2011 Introduced in House 2011-02-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr755ih/xml/BILLS-112hr755ih.xml 2011-02-18 Sponsor introductory remarks on measure. (CR E262-263) 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.