Introduced
S. 5127
Introduced in Senate · August 4, 2026July 23, 2026
Mr. Banks (for himself and Ms. Cortez Masto) 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 exclude from gross income certain compensation to clinical trial participants, and for other purposes.
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 “Harley Jacobsen Clinical Trial Participant Income Exemption Act of 2026”.