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S. 4017 118th Congress Senate

Ultra-Millionaire Tax Act of 2024

Official title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on the net value of assets of a taxpayer, and for other purposes.

Introduced: March 21, 2024 Introduced by: Elizabeth Warren Democratic · Massachusetts See on congress.gov
Taxation
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed Senate
Passed House
To President
Became law
Mar 21, 2024
Read twice and referred to the Committee on Finance.
Mar 21, 2024
Introduced in Senate
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 Latest action March 21, 2024

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 7749 Identical bill Ultra-Millionaire Tax Act of 2024
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

  • AFL-CIO
    for AFL-CIO · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

 Cosponsors 7
All 7 Democratic 6 Independent 1
D
Hirono, Mazie K.
Hawaii · Mar 21, 2024
 D
Markey, Edward J.
Massachusetts · Mar 21, 2024
 D
Merkley, Jeff
Oregon · Mar 21, 2024
 I
Sanders, Bernard
Vermont · Mar 21, 2024
 D
Schatz, Brian
Hawaii · Mar 21, 2024
 D
Welch, Peter
Vermont · Mar 21, 2024
 D
Whitehouse, Sheldon
Rhode Island · Mar 21, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4017: Ultra-Millionaire Tax Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-S-4017/
MLA
"S. 4017: Ultra-Millionaire Tax Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-4017/.
Bluebook (legal)
S. 4017, 118th Cong. (2026), https://openamerica.io/bill/118-S-4017/.
Markdown link
[S. 4017: Ultra-Millionaire Tax Act of 2024](https://openamerica.io/bill/118-S-4017/)
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