Politiparty
Politiparty
LeaderboardCongressBills

118th Congress Taxation

H.R. 1654: DEPOSIT Act

Introduced

  1. Introduced (completed)Mar 17, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Mar 17, 2023

This bill imposes an increased tax rate on bonuses paid after March 1, 2023, and profits from sales of bank stock received by highly-paid bank executives employed by failing banks that were closed and for which the Federal Deposit Insurance Corporation has been appointed conservator or receiver. The bill expresses the sense of the Congress that revenues from such increased taxes be returned to the Deposit Insurance Fund of the Federal Deposit Insurance Corporation.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

27

Who scored on this bill

6 points earned
  1. 1Adam Schiff D-CA SponsorIntroduced, reached a cosponsor milestone2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Adam Schiff

History

  1. Mar 17, 2023Introduced in the House by Adam Schiff.
Show the full action history (2 actions)
  1. Mar 17, 2023Introduced in House
  2. Mar 17, 2023Referred to the House Committee on Ways and Means.