Release Your Taxes Act of 2026

Key Points

• This bill would require everyone serving in Congress or running for a seat in the House or Senate to share their federal tax returns with the public. The goal is to make sure voters know how their representatives make their money and if they have any financial conflicts of interest.
• If passed, the government would create a new online database where anyone can look up these tax records. Officials would have to post the documents within five business days of receiving them so the information stays current for the public.
• Lawmakers and candidates would have to submit their tax forms just two days after they file them with the IRS. If someone is not required to file taxes for a certain year, they must still submit a formal statement explaining why they did not have to file.
• People who refuse to share their taxes would have their names listed on a public website for everyone to see. Their names would stay on that list until they provide the records or until six years after they leave office or stop running for Congress.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.