S 3845
Official Title: 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 pa
Introduced: 2025-09-17
Passed House:
Passed Senate:
To President:
Became Law:
Categories:
HR/General
Introduced
Senate
Action(s)
- 09/17/2025 - Read twice and referred to the Committee on Finance.
- 09/17/2025 - Introduced in Senate
Bill Details
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Billionaires Income Tax Act
Short Title
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Senate
Type
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119
Congress Number
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S2845-119
Full Number
Sponsor
Sen. Wyden, Ron [D-OR]
Sen.