Buffett Rule Act of 2011
Latest action · Oct 6, 2011 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 6, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Buffett Rule Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt. Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.
Cosponsors 40
Members who signed on, in the order they did. Signatures ran from Oct 12, 2011 to Feb 9, 2012.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TN | Bob Corker | Oct 12, 2011 | |
| R-IA | Chuck Grassley | Oct 12, 2011 | |
| R-IN | Daniel Coats | Oct 12, 2011 | |
| R-LA | David Vitter | Oct 12, 2011 | |
| R-NV | Dean Heller | Oct 12, 2011 | |
| R-ID | James E. Risch | Oct 12, 2011 | |
| R-OK | James M. Inhofe | Oct 12, 2011 | |
| R-SC | Jim DeMint | Oct 12, 2011 | |
| R-WY | John Barrasso | Oct 12, 2011 | |
| R-AR | John Boozman | Oct 12, 2011 | |
| R-TX | John Cornyn | Oct 12, 2011 | |
| R-ND | John Hoeven | Oct 12, 2011 | |
| R-AZ | John McCain | Oct 12, 2011 | |
| R-AZ | Jon Kyl | Oct 12, 2011 | |
| R-NH | Kelly Ayotte | Oct 12, 2011 | |
| R-SC | Lindsey Graham | Oct 12, 2011 | |
| R-FL | Marco Rubio | Oct 12, 2011 | |
| R-IL | Mark Kirk | Oct 12, 2011 | |
| R-NE | Mike Johanns | Oct 12, 2011 | |
| R-UT | Orrin G. Hatch | Oct 12, 2011 | |
| R-KS | Pat Roberts | Oct 12, 2011 | |
| R-PA | Patrick J. Toomey | Oct 12, 2011 | |
| R-KY | Rand Paul | Oct 12, 2011 | |
| R-NC | Richard Burr | Oct 12, 2011 | |
| R-IN | Richard G. Lugar | Oct 12, 2011 | |
| R-OH | Rob Portman | Oct 12, 2011 | |
| R-MS | Roger F. Wicker | Oct 12, 2011 | |
| R-WI | Ron Johnson | Oct 12, 2011 | |
| R-MO | Roy Blunt | Oct 12, 2011 | |
| R-GA | Saxby Chambliss | Oct 12, 2011 | |
| R-GA | Johnny Isakson | Oct 13, 2011 | |
| R-WY | Michael B. Enzi | Oct 13, 2011 | |
| R-UT | Mike Lee | Oct 13, 2011 | |
| R-AL | Jeff Sessions | Oct 18, 2011 | |
| R-ID | Mike Crapo | Oct 19, 2011 | |
| R-TN | Lamar Alexander | Nov 1, 2011 | |
| R-AL | Richard C. Shelby | Nov 15, 2011 | |
| R-KY | Mitch McConnell | Nov 16, 2011 | |
| R-MS | Thad Cochran | Nov 16, 2011 | |
| R-TX | Kay Bailey Hutchison | Feb 9, 2012 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Oct 7, 2011 |
Actions 2
Everything that happened, newest first.
- Oct 6, 2011Introduced in Senate
- Oct 6, 2011Read twice and referred to the Committee on Finance.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S2295 | John Thune R-SD | Apr 16, 2012 |
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1931 | Temporary Tax Holiday and Government Reduction Act | Related bill | Dec 8, 2011 |
| HR 2214 | Debt Elimination By Tax-Deductible Contribution Act of 2011 | Related bill | Jun 16, 2011 |
| HR 3099 | Buffett Rule Act of 2011 | Identical bill | Oct 5, 2011 |
| HR 6410 | Buffett Rule Act of 2012 | Related bill | Sep 20, 2012 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to provide for taxpayers making donations with their returns of income tax to the Federal Government to pay down the public debt.
- Short Titles as Introduced
- Buffett Rule Act of 2011
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Oct 6, 2011Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
