119-HR5427

To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as "buy, borrow, die", to modify over 30 tax provisions so that billionaires are required to pay taxes annually, and for other purposes.

Last action was on 9-17-2025

Bill is currently in: House
Path to Law
House Senate President

Current status is Referred to the House Committee on Ways and Means.

View Official Bill Information at congress.gov

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