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Congress·In Committee·H.R. 8637

Release Your Taxes Act of 2026

Congress: Public Disclosure of Tax Returns

9 days ago·View on Congress.gov·Read full text

The Release Your Taxes Act of 2026 is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on House Administration for review. There are no upcoming votes scheduled at this time.

Legislative Progress

House
Senate
President
Law
Unlikely to pass

Lawmakers are often hesitant to pass laws that force them to reveal their personal finances, and this bill currently lacks broad support from both parties.

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.

Milestones

2 milestones2 actions
Apr 30, 2026House

Referred to the House Committee on House Administration.

Apr 30, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Related Bills

No related bills have been identified yet.

Source Information

Document Type

Congressional Bill

Official Title

Release Your Taxes Act of 2026

Bill NumberHR 8637
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on House Administration.
Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.