HB4870: Wall Street Tax Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
Plain-language summary
The Wall Street Tax Act of 2023 would add a new tax on certain financial trades, such as buying and selling stocks and bonds. The tax would apply to trading transactions conducted on U.S. markets. The bill aims to raise revenue by taxing high-frequency trading activity. It was introduced in Congress but has not yet been voted on or moved out of .
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HB4870: Wall Street Tax Act of 2023
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Sponsors
Val Hoyle
Primary SponsorCo-sponsors (20)
Earl Blumenauer
Andre Carson
Steve Cohen
Jesus Garcia
Raul Grijalva