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H.R. 1111

Business Should Mind Its Own Business Act

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.

Referred to the House Committee on Ways and Means.

Rep. Grayson, Alan [D-FL-9](D-FL)Sponsor
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  • Introduced in HouseMar 13, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Business Should Mind Its Own Business Act — Informed