S 2047 · 119th CongressIn Committeecongress.gov ↗

No Capital Gains Allowance for American Adversaries Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to deal with removing or preventing capital gains tax benefits related to countries considered to be adversaries of the United States. No official summary is available for this bill.

Sponsor

Sen. Ricketts, Pete [R-NE]

R

Introduced

June 12, 2025

Policy Area

Taxation

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