119-S2845

A bill 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: Senate
Path to Law
House Senate President

Current status is Read twice and referred to the Committee on Finance.

View Official Bill Information at congress.gov

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