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H.Res.1028

Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.

Introduced·1/30/26

The bill urges the U.S. to end the dominance of billionaire oligarchs, halt corporate subsidies, and reinvest in the American people to defend.

The bill expresses the sense of the House of Representatives that the United States must urgently address the political and economic dominance of billionaire oligarchs. It calls for halting corporate subsidies and tax advantages that empower these individuals and corporations. The bill emphasizes the need to reinvest in the needs of the American people to defend democracy from authoritarianism. It highlights the urgency of reducing economic inequality and inherited wealth through increased tax rates for corporations and the ultrarich, and closing loopholes used to evade taxes.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Subcommittee on Nutrition and Foreign Agriculture Committee
Next
Committee decision

Sponsors

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8
0
Democratic CaucusRepublican Caucus

History

May 20

House

Referred to the Subcommittee on Nutrition and Foreign Agriculture.

Jan 30

House

Submitted in House

Jan 30

House

Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.