There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/26/2008)

Let Wall Street Pay for Wall Street's Illiquid Assets Act of 2008 - Amends the Internal Revenue Code to impose an excise tax on securities or commodity transactions equal to 0.25% of the value of the instruments involved in such transactions. Makes such tax payable by the trading facility on which such transactions occur.