H.R. 8085
119th Congress
House
Ultra-Millionaire Tax Act of 2026
Official title: 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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 2026
Referred to the House Committee on Ways and Means.
Mar 25, 2026
Introduced in House
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What's happening now
Referred to the House Committee on Ways and Means.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
16
- NEW VENTURE FUND
- AMERICAN FEDERATION OF TEACHERS
- REAL ESTATE ROUNDTABLE
- P STREET PROJECT, INC.
- AMERICANS FOR FINANCIAL REFORM
- AMERICANS FOR FINANCIAL REFORM
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- White House Office
- Homeland Security, Dept of (DHS)
- Housing & Urban Development, Dept of (HUD)
- Internal Revenue Service (IRS)
- Labor, Dept of (DOL)
- Office of the Comptroller of the Currency (OCC)
Cosponsors
49
D
Dexter, Maxine
D
Espaillat, Adriano
D
Leger Fernandez, Teresa
D
Khanna, Ro
D
Mejia, Analilia
D
Pingree, Chellie
D
Meng, Grace
D
Evans, Dwight
D
Waters, Maxine
D
Casar, Greg
D
Ansari, Yassamin
D
Beyer, Donald S.
D
Boyle, Brendan F.
D
Chu, Judy
D
Davis, Danny K.
D
Dean, Madeleine
D
Deluzio, Christopher R.
D
DeSaulnier, Mark
D
Foushee, Valerie P.
D
Friedman, Laura
D
Frost, Maxwell
D
Garcia, Robert
D
García, Jesús G. "Chuy"
D
Goldman, Daniel S.
D
Grijalva, Adelita S.
D
Ivey, Glenn
D
Jackson, Jonathan L.
D
Johnson, Henry C. "Hank"
D
Kelly, Robin L.
D
Lee, Summer L.
D
McGovern, James P.
D
Nadler, Jerrold
D
Norton, Eleanor Holmes
D
Ocasio-Cortez, Alexandria
D
Omar, Ilhan
D
Pallone, Frank
D
Pressley, Ayanna
D
Ramirez, Delia C.
D
Sánchez, Linda T.
D
Schakowsky, Janice D.
D
Simon, Lateefah
D
Smith, Adam
D
Stansbury, Melanie A.
D
Takano, Mark
D
Thanedar, Shri
D
Tlaib, Rashida
D
Tokuda, Jill N.
D
Velázquez, Nydia M.
D
Watson Coleman, Bonnie
Cite this page
U.S. Congress. (2026). H.R. 8085: Ultra-Millionaire Tax Act of 2026. 119th Congress. Open America. https://openamerica.io/bill/119-HR-8085/
"H.R. 8085: Ultra-Millionaire Tax Act of 2026." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-8085/.
H.R. 8085, 119th Cong. (2026), https://openamerica.io/bill/119-HR-8085/.
[H.R. 8085: Ultra-Millionaire Tax Act of 2026](https://openamerica.io/bill/119-HR-8085/)