Skip to main content
HOUSE 1584117th CongressReferred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Protecting Retirement Savers and Everyday Investors Act

Last Action
5/18/2021

Actions

  • 2021-05-18Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • 2021-03-03Referred to the House Committee on the Judiciary.
  • 2021-03-03Introduced in House
  • 2021-03-03Introduced in House

CRS Summary

As of 2021-03-03 (00)

Protecting Retirement Savers and Everyday Investors Act

This bill prohibits states and local governments from imposing taxes upon a securities industry participant based on the number, volume, or value of securities transactions processed or consummated by the participant, with exceptions.

Cosponsors (5)

  • Bill Huizenga (R-MI)
  • J. Hill (R-AR)
  • Alexander Mooney (R-WV)
  • Tom Emmer (R-MN)
  • Warren Davidson (R-OH)

Subjects

  • Financial services and investments
  • Sales and excise taxes
  • Securities
  • State and local taxation
  • Tax administration and collection, taxpayers
  • User charges and fees
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.