HR 1111 · 113th Congress · Taxation

Business Should Mind Its Own Business Act

Introduced 2013-03-13· Sponsored by Rep. Grayson, Alan [D-FL-9]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2013-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Business Should Mind Its Own Business Act - Amends the Internal Revenue Code to impose on corporations a 500% excise tax on the total amount of their campaign contributions and electioneering communications on behalf of a candidate for federal office. Denies such corporations a tax deduction for payment of such taxes.…

Summarized by Claude AI · Non-partisan · For informational purposes only