H.R.8085

H. R. 8085

March 25, 2026

Ms. Jayapal (for herself, Mr. Boyle of Pennsylvania, Ms. Ansari, Mr. Beyer, Ms. Chu, Mr. Davis of Illinois, Ms. Dean of Pennsylvania, Mr. Deluzio, Mr. DeSaulnier, Mrs. Foushee, Ms. Friedman, Mr. Frost, Mr. García of Illinois, Mr. Garcia of California, Mr. Goldman of New York, Mrs. Grijalva, Mr. Ivey, Mr. Jackson of Illinois, Mr. Johnson of Georgia, Ms. Kelly of Illinois, Ms. Lee of Pennsylvania, Mr. McGovern, Mr. Nadler, Ms. Norton, Ms. Ocasio-Cortez, Ms. Omar, Mr. Pallone, Ms. Pressley, Mrs. Ramirez, Ms. Sánchez, Ms. Schakowsky, Ms. Simon, Mr. Smith of Washington, Ms. Stansbury, Mr. Takano, Mr. Thanedar, Ms. Tlaib, Ms. Tokuda, Ms. Velázquez, and Mrs. Watson Coleman) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

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.

Imposition of tax

Net value of taxable assets

Special rules

Information reporting

Enforcement

Authorization of appropriations