US HR1267 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 17 2020 - 25% progression, died in committee
Action: 2020-12-17 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 17 2020 - 25% progression, died in committee
Action: 2020-12-17 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
This resolution expresses the sense of the House of Representatives that Congress should reinstate a pandemic excess profits tax on large corporations that have made excess profits due to the COVID-19 (i.e., coronavirus disease 2019) pandemic and direct tax revenues to fund economic relief to small businesses.
Title
Expressing the sense of the House of Representatives that Congress must pass a pandemic excess profits tax on large corporations who have achieved windfall profits due to the COVID-19 public health crisis.
Sponsors
| Rep. Tulsi Gabbard [D-HI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-12-17 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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. |
| 2020-12-17 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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. |
| 2020-12-17 | House | Introduced in House |
Subjects
Cardiovascular and respiratory health
Corporate finance and management
Economic performance and conditions
Emergency medical services and trauma care
Income tax rates
Infectious and parasitic diseases
Small business
Taxation
Corporate finance and management
Economic performance and conditions
Emergency medical services and trauma care
Income tax rates
Infectious and parasitic diseases
Small business
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-resolution/1267/all-info |
| Text | https://www.congress.gov/116/bills/hres1267/BILLS-116hres1267ih.pdf |
