Skip to content
Congress·In Committee·20 days ago

Taxes on Lawsuit Payouts for High-Ranking Officials

Also known as: Stop Presidential Embezzlement Act

Legislative Progress

Filed
Review
Senate
House
President

Key Points

  • This bill, introduced by Senator Wyden, would create a new 100% tax on money won in lawsuits against the federal government by top officials. This includes the President, Vice President, Cabinet members, and Members of Congress.
  • The tax applies to any money received from settlements or court judgments while these individuals are in office. It also covers their close family members to prevent people from using relatives to collect the money instead.
  • The goal is to prevent high-ranking leaders from personally profiting by suing the very government they lead. By taxing the winnings at 100%, the official would essentially have to give all the money back to the Treasury.
  • If passed, this rule would apply to any payments received after the bill becomes law. It ensures that public service is not used as a way to win large financial payouts from taxpayers through legal battles.

Milestones

2 milestones2 actions
Feb 10, 2026Senate

Read twice and referred to the Committee on Finance.

Feb 10, 2026

Introduced in Senate

Source Information

Document Type

Congressional Bill

Official Title

A bill to amend the Internal Revenue Code of 1986 to impose a tax on damages received by certain officers of the United States on account of any civil action filed against the United States, and for other purposes.

Bill NumberS 3817
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.

Sponsor

Cosponsors

(4)
D: 4

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.