WASHINGTON (CNN) - The House of Representatives passed legislation Thursday to try to recoup bonuses paid to Wall Street executives with taxpayer money.
The measure passed, 328-93; most Democrats supported the measure while Republicans were sharply divided.
A two-thirds majority among all members voting was required for passage.
The measure would tax individuals on any bonuses received in 2009 from companies getting $5 billion or more in money from the Troubled Asset Relief Program, or TARP. Bonuses for people with incomes over $250,000 would be taxed at a 90 percent rate.
The measure now moves to the Senate for further consideration.