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IntroducedSep 17, 2025
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Passed Senate
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Passed House
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Signed into Law
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 See all actions
Senate • Sep 17, 2025: Read twice and referred to the Committee on Finance.
Summary/Bill Text
Comments on S 2845
Tweets
Whip Lists
Sponsors
- Sen. Smith, Tinacosponsor
- Sen. Luján, Ben Raycosponsor
- Sen. Welch, Petercosponsor
- Sen. Alsobrooks, Angela D.cosponsor
- Sen. Baldwin, Tammycosponsor
- Sen. Blumenthal, Richardcosponsor
- Sen. Duckworth, Tammycosponsor
- Sen. Fetterman, Johncosponsor
- Sen. Heinrich, Martincosponsor
- Sen. Hirono, Mazie K.cosponsor
- Sen. Markey, Edward J.cosponsor
- Sen. Merkley, Jeffcosponsor
- Sen. Murphy, Christophercosponsor
- Sen. Murray, Pattycosponsor
- Sen. Reed, Jackcosponsor
- Sen. Schatz, Briancosponsor
- Sen. Van Hollen, Chriscosponsor
Votes
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Actions
- Sep 17, 2025 | Senate
- Introduced in Senate
- Read twice and referred to the Committee on Finance.
Bill Texts
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Documents
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