HR 5427 119th Congress
Billionaires Income Tax Act
To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as "buy, borrow, die", to modify over 30 tax provisions so that billionaires are required to pay taxes annually, and for other purposes.
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Bill journey
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Official action Congress.gov
Sponsor introductory remarks on measure. (CR E863)
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Introduction Congress.gov
Introduced
Introduced in the House.
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Referred to the House Committee on Ways and Means.
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Introduced in House
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Sponsor introductory remarks on measure. (CR H4397)
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Introduced in House
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Introduced in House
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| Date and time | Record | Official detail | Source |
|---|---|---|---|
| Official actionSponsor introductory remarks on measure. (CR E863) | No additional detail supplied.IntroReferral · Library of Congress · Code B00100 | Congress.gov | |
| IntroductionIntroduced | Introduced in the House. | Congress.gov | |
| Official actionReferred to the House Committee on Ways and Means. | No additional detail supplied.IntroReferral · House floor actions · Code H11100 | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code Intro-H | Congress.gov | |
| Official actionSponsor introductory remarks on measure. (CR H4397) | No additional detail supplied.IntroReferral · Library of Congress · Code B00100 | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code 1000 | Congress.gov | |
| Text versionIntroduced in House | A dated text-version record is available. | Congress.gov |
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Official documents
Text versions
- Introduced in HouseSep 17, 2025