Tax on Wall Street Speculation Act

3.0.0 1990 2025-12-05T08:11:16Z 2025-12-05T08:11:16Z Senate S S 2023-06-14 118 https://www.congress.gov/bill/118th-congress/senate-bill/1990 ssfi00 Finance Committee Senate Standing Referred To 2023-06-14T18:02:19Z Tax on Wall Street Speculation Act 118 4119 HR 2023-06-14 Referred to the House Committee on Ways and Means. Identical bill CRS 2023-06-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2023-06-14 Introduced in Senate IntroReferral 10000 9 Library of Congress S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT N P000145 Sen. Padilla, Alex [D-CA] Alex Padilla D CA 2023-06-14 True Taxation Taxation 2023-07-26T15:00:23Z

00 2023-06-14 Introduced in Senate 2023-07-26T14:49:39Z Tax on Wall Street Speculation Act This bill imposes an excise tax on the transfer of ownership in certain securities (covered transactions), including any share of stock in a corporation; any partnership or beneficial interest in a partnership or trust; any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds); and derivative financial instruments or digital assets. The bill includes exceptions for initial issues, certain traded short-term indebtedness, and securities lending arrangements. The bill also (1) imposes a penalty on taxpayers who fail to include a covered transaction on their tax return or information statement, and (2) allows an individual taxpayer whose modified adjusted gross income does not exceed $50,000 ($75,000 for married taxpayers filing joint returns) a tax credit for the amount of tax paid on covered transactions.

Tax on Wall Street Speculation Act Display Title 45 Tax on Wall Street Speculation Act 2024-07-24T15:21:38Z Short Title(s) as Introduced 101 Tax on Wall Street Speculation Act 2024-05-24T13:38:50Z Introduced in Senate IS Official Title as Introduced 6 A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility. 2023-07-12T04:58:56Z Introduced in Senate IS Introduced in Senate 2023-06-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1990is/xml/BILLS-118s1990is.xml 2023-06-14 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.