WPA Act

3.0.0 2491 2025-12-05T08:17:07Z 2025-12-05T08:17:07Z Senate S S 2023-07-25 118 https://www.congress.gov/bill/118th-congress/senate-bill/2491 ssfi00 Finance Committee Senate Standing Referred To 2023-07-25T22:48:44Z WPA Act 118 8602 HR 2024-12-17 Referred to the Subcommittee on Work and Welfare. Related bill CRS Wall Street Tax Act of 2023 118 4870 HR 2023-07-25 Referred to the House Committee on Ways and Means. Related bill CRS 2023-07-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2023-07-25 Introduced in Senate IntroReferral 10000 9 Library of Congress S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI N V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2023-07-25 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2023-07-25 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2023-07-25 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2023-07-25 True F000479 Sen. Fetterman, John [D-PA] John Fetterman D PA K. 2023-07-25 True Taxation Taxation 2023-08-25T16:30:24Z

00 2023-07-25 Introduced in Senate 2023-09-18T17:19:29Z Wall Street Tax Act of 2023 This bill imposes a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. The tax applies to the purchase of a security if (1) such purchase occurs on, or is subject to the rules of, a qualified board or exchange located in the United States; or (2) the purchaser or seller is a U.S. person. The tax applies to transactions with respect to a derivative if (1) the derivative is traded on, or is subject to the rules of, a qualified board or exchange located in the United States; or (2) any party with rights under the derivative is a U.S. person. The bill exempts from such tax (1) initial issues of securities; and (2) any note, bond, debenture, or other evidence of indebtedness which is traded on or is subject to the rules of, a qualified board or exchange located in the United States, and has a fixed maturity of not more than 100 days. The tax applies to transactions by a controlled foreign corporation and must be paid by its U.S. shareholders.

Wall Street Tax Act of 2023 Display Title 45 Wall Street Tax Act of 2023 2024-07-24T15:20:51Z Short Title(s) as Introduced 101 Wall Street Tax Act of 2023 2024-05-24T13:37:29Z Introduced in Senate IS Official Title as Introduced 6 A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions. 2023-08-16T02:43:58Z Introduced in Senate IS Introduced in Senate 2023-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s2491is/xml/BILLS-118s2491is.xml 2023-07-25 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.