Sponsor · U.S. Representative, WA-7 · Democratic
House bill · H.R. 8085 (119th Congress)
Ultra-Millionaire Tax Act of 2026
Summary
AI summary
Would amend the Internal Revenue Code to impose an annual tax on the net value of a taxpayer's assets above a threshold set in the bill.
Your position on this bill
Not chosen yet
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
Related bills
As identified by Congress.gov.
Cosponsors
Adam Smith, Adelita S. Grijalva and 47 others
- Democratic49
- Adam Smith
- Adelita S. Grijalva
- Adriano Espaillat
- Alexandria Ocasio-Cortez
- Analilia Mejia
- Ayanna Pressley
- Bonnie Watson Coleman
- Brendan F. Boyle
- Chellie Pingree
- Christopher R. Deluzio
- Daniel S. Goldman
- Danny K. Davis
Show the full list (49 names)Show fewer cosponsors
- Delia C. Ramirez
- Donald S. Beyer, Jr.
- Dwight Evans
- Eleanor Holmes Norton
- Frank Pallone, Jr.
- Glenn Ivey
- Grace Meng
- Greg Casar
- Henry C. "Hank" Johnson, Jr.
- Ilhan Omar
- James P. McGovern
- Janice D. Schakowsky
- Jerrold Nadler
- Jesús G. "Chuy" García
- Jill N. Tokuda
- Jonathan L. Jackson
- Judy Chu
- Lateefah Simon
- Laura Friedman
- Linda T. Sánchez
- Madeleine Dean
- Mark DeSaulnier
- Mark Takano
- Maxine Dexter
- Maxine Waters
- Maxwell Frost
- Melanie A. Stansbury
- Nydia M. Velázquez
- Rashida Tlaib
- Ro Khanna
- Robert Garcia
- Robin L. Kelly
- Shri Thanedar
- Summer L. Lee
- Teresa Leger Fernandez
- Valerie P. Foushee
- Yassamin Ansari
Full history
- Mar 25, 2026
Introduced
Introduced in House
U.S. House of Representatives
- Mar 25, 2026
Introduced
Introduced in U.S. House
U.S. House
- Mar 25, 2026
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
About this record
- Summary
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- Cosponsors
The cosponsors are the ones listed on Congress.gov, shown A to Z.
- Party colors
Parties are shown in the same neutral colors.
- Source
From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.