US HB7749 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 38-0)
Status: Introduced on March 20 2024 - 25% progression
Action: 2024-03-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 20 2024 - 25% progression
Action: 2024-03-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to impose a tax on the net value of assets of a taxpayer, and for other purposes.
Title
Ultra-Millionaire Tax Act of 2024
Sponsors
| Rep. Pramila Jayapal [D-WA] | Rep. Brendan Boyle [D-PA] | Rep. Don Beyer [D-VA] | Rep. Jamaal Bowman [D-NY] |
| Rep. Cori Bush [D-MO] | Rep. Judy Chu [D-CA] | Rep. Danny Davis [D-IL] | Rep. Dwight Evans [D-PA] |
| Rep. Jesus Garcia [D-IL] | Rep. Daniel Goldman [D-NY] | Rep. Raul Grijalva [D-AZ] | Rep. Glenn Ivey [D-MD] |
| Rep. Jonathan Jackson [D-IL] | Rep. Henry Johnson [D-GA] | Rep. Barbara Lee [D-CA] | Rep. Summer Lee [D-PA] |
| Rep. James McGovern [D-MA] | Rep. Jerrold Nadler [D-NY] | Rep. Eleanor Norton [D-DC] | Rep. Alexandria Ocasio-Cortez [D-NY] |
| Rep. Ilhan Omar [D-MN] | Rep. Katie Porter [D-CA] | Rep. Ayanna Pressley [D-MA] | Rep. Delia Ramirez [D-IL] |
| Rep. Janice Schakowsky [D-IL] | Sen. Adam Schiff [D-CA] | Rep. Adam Smith [D-WA] | Rep. Mark Takano [D-CA] |
| Rep. Rashida Tlaib [D-MI] | Rep. Jill Tokuda [D-HI] | Rep. David Trone [D-MD] | Rep. Maxine Waters [D-CA] |
| Rep. Bonnie Coleman [D-NJ] | Rep. Susan Wild [D-PA] | Rep. Mark DeSaulnier [D-CA] | Rep. Robert Garcia [D-CA] |
| Rep. Christopher Deluzio [D-PA] | Rep. Frank Pallone [D-NJ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-20 | House | Referred to the House Committee on Ways and Means. |
| 2024-03-20 | House | Introduced in House |
Same As/Similar To
SB4017 (Same As) 2024-03-21 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/7749/all-info |
| Text | https://www.congress.gov/118/bills/hr7749/BILLS-118hr7749ih.pdf |
