Create a new tax on the net worth of the wealthiest households in the United States.
One policy goal, tracked across every bill that has carried it.
What’s happening with Ultra-Millionaire Tax Act of 2026?
The Ultra-Millionaire Tax Act of 2026 sits in the House Committee on Ways and Means and the Senate Committee on Finance as of March 25, 2026. The committee chairs must decide to hold a hearing or vote to move these bills forward, but most legislation ends here without any action. Given that no progress has occurred since March 25, 2026, the bills face the same hurdle as most proposals that never receive a committee vote.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Ultra-Millionaire Tax Act of 2026 (H.R. 8085 (119th)) →
Legislative Progress
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from H.R. 7749 (118th), which died when its Congress ended.
H.R. 7749 (118th) →Reintroduced · Jan 3, 2025
Reintroduced from S. 4017 (118th), which died when its Congress ended.
S. 4017 (118th) →
Vehicles
Who’s behind it
Pramila Jayapal (D-WA)Wrote and sponsored the current bill.
