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H.R. 5427 119th Congress House

Billionaires Income Tax Act

Official title: To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as "bu… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as "buy, borrow, die", to modify over 30 tax provisions so that billionaires are required to pay taxes annually, and for other purposes.

Introduced: September 17, 2025 Introduced by: Steve Cohen Democratic · Tennessee See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2025
Referred to the House Committee on Ways and Means.
Sep 17, 2025
Sponsor introductory remarks on measure. (CR H4397)
Sep 17, 2025
Introduced in House
Sep 16, 2025
Sponsor introductory remarks on measure. (CR E863)
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What's happening now September 17, 2025

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 27

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

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.

See all 27 filings →
 Cosponsors 33
D
Dexter, Maxine
Oregon · Jun 24, 2026
D
Budzinski, Nikki
Illinois · Feb 23, 2026
D
Deluzio, Christopher R.
Pennsylvania · Feb 23, 2026
D
Larson, John B.
Connecticut · Feb 23, 2026
D
Chu, Judy
California · Feb 9, 2026
D
Lofgren, Zoe
California · Feb 9, 2026
D
Beyer, Donald S.
Virginia · Sep 17, 2025
D
Boyle, Brendan F.
Pennsylvania · Sep 17, 2025
D
Clarke, Yvette D.
New York · Sep 17, 2025
D
Davis, Danny K.
Illinois · Sep 17, 2025
D
Dean, Madeleine
Pennsylvania · Sep 17, 2025
D
DeLauro, Rosa L.
Connecticut · Sep 17, 2025
D
Evans, Dwight
Pennsylvania · Sep 17, 2025
D
Frost, Maxwell
Florida · Sep 17, 2025
D
Garamendi, John
California · Sep 17, 2025
D
García, Jesús G. "Chuy"
Illinois · Sep 17, 2025
D
Huffman, Jared
California · Sep 17, 2025
D
Jackson, Jonathan L.
Illinois · Sep 17, 2025
D
Kelly, Robin L.
Illinois · Sep 17, 2025
D
Landsman, Greg
Ohio · Sep 17, 2025
D
Lee, Summer L.
Pennsylvania · Sep 17, 2025
D
McCollum, Betty
Minnesota · Sep 17, 2025
D
McGovern, James P.
Massachusetts · Sep 17, 2025
D
Mullin, Kevin
California · Sep 17, 2025
D
Nadler, Jerrold
New York · Sep 17, 2025
D
Norcross, Donald
New Jersey · Sep 17, 2025
D
Norton, Eleanor Holmes
District of Columbia · Sep 17, 2025
D
Omar, Ilhan
Minnesota · Sep 17, 2025
D
Ramirez, Delia C.
Illinois · Sep 17, 2025
D
Sánchez, Linda T.
California · Sep 17, 2025
D
Scanlon, Mary Gay
Pennsylvania · Sep 17, 2025
D
Simon, Lateefah
California · Sep 17, 2025
D
Tlaib, Rashida
Michigan · Sep 17, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5427: Billionaires Income Tax Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-5427/
MLA
"H.R. 5427: Billionaires Income Tax Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-5427/.
Bluebook (legal)
H.R. 5427, 119th Cong. (2026), https://openamerica.io/bill/119-HR-5427/.
Markdown link
[H.R. 5427: Billionaires Income Tax Act](https://openamerica.io/bill/119-HR-5427/)
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