Introduced
H. R. 8316
Introduced in House · April 22, 2026April 15, 2026
Mr. Vargas introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To impose a one-time tax on the amount in excess of $10,000,000 of the net worth of certain individuals and trusts.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Donald J. Trump Wealth Tax Act of 2026”.