Introduced
S. 4331
Introduced in Senate · April 29, 2026April 16 (
legislative day
, April 14), 2026
Mr. Wyden introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to modernize the tax treatment of derivatives and their underlying investments, and for other purposes.
Tax treatment of derivatives and similar contracts
Rules for treatment of derivatives
Derivative defined
Transactions by a corporation with respect to its stock
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
(a) Short title.—This Act may be cited as the. “Modernization of Derivatives Tax Act of 2026”.
- (b) Amendment of 1986 Code.—Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.