S 5448 · 119th CongressIn Committeecongress.gov ↗

A bill to amend the Internal Revenue Code of 1986 to establish a surtax on income which is attributable to substantial favorable Federal government action and received by companies owned or controlled by covered public officials or their family members.

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 would change the tax code to add an extra tax on income earned by companies that are owned or controlled by certain government officials or their family members, when that income comes from significant favorable actions taken by the federal government. No official summary is available for this bill.

Introduced

September 22, 2026

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