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S. 2845 · Where this bill is now

In committee

Introduced in the Senate, Sep 17, 2025

119th Congress
1st Session
S. 2845

A BILL

Billionaires Income Tax Act

In the SenateNo vote yet

Sponsor: Sen. Ron Wyden (D-OR) · Introduced Sep 17, 2025 · Taxation · 1 version of the text

Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Sep 17, 2025: “Read twice and referred to the Committee on Finance.”

Sections

Sections · 2
Title I — Elimination of deferral for applicable taxpayers · 2
Title II — Application of other provisions to applicable taxpayers and entities · Subtitle A — Individuals · 2
Title II — Application of other provisions to applicable taxpayers and entities · Subtitle B — Rules for applicable entities and trusts · 3
Title II — Application of other provisions to applicable taxpayers and entities · Subtitle C — Treatment of deferred compensation and certain life insurance and annuity contracts · 2
Title II — Application of other provisions to applicable taxpayers and entities · Subtitle D — Repeal of special treatment for certain investments · 2