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
A summary is in progress.

Action(s)

  • 09/17/2025 - Read twice and referred to the Committee on Finance.
  • 09/17/2025 - Introduced in Senate

Bill Details

  • Billionaires Income Tax Act

    Short Title

  • Senate

    Type

  • 119

    Congress Number

  • S2845-119

    Full Number

Sponsor

Sen. Wyden, Ron [D-OR]

Sen.