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S. 2845 119th Congress Senate

Billionaires Income Tax Act

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

Official title: A bill 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: Ron Wyden Democratic · Oregon See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2025
Read twice and referred to the Committee on Finance.
Sep 17, 2025
Introduced in Senate
 Votes taken on this bill 3
DateChamberWhat was voted onResultYes–No
Dec 8, 2004 Senate · vote #216 On the Conference Report S. 2845 Agreed To 89–2 See who voted →
Oct 6, 2004 Senate · vote #199 On Passage of the Bill S. 2845 Passed 96–2 See who voted →
Oct 5, 2004 Senate · vote #197 On the Cloture Motion S. 2845 Agreed To 85–10 See who voted →
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What's happening now September 17, 2025

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 28

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

  • NEW VENTURE FUND
    for NEW VENTURE FUND · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • AMERICAN FEDERATION OF TEACHERS
    for AMERICAN FEDERATION OF TEACHERS · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • FINSECA
    for FINSECA · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • M FINANCIAL
    for M FINANCIAL · Oregon · 3rd Quarter 2026 (July 1 - Sep 30)
  • AMERICANS FOR FINANCIAL REFORM
    for AMERICANS FOR FINANCIAL REFORM · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
  • AMERICANS FOR FINANCIAL REFORM
    for AMERICANS FOR FINANCIAL REFORM · 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.

See all 28 filings →
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2845: Billionaires Income Tax Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-2845/
MLA
"S. 2845: Billionaires Income Tax Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-2845/.
Bluebook (legal)
S. 2845, 119th Cong. (2026), https://openamerica.io/bill/119-S-2845/.
Markdown link
[S. 2845: Billionaires Income Tax Act](https://openamerica.io/bill/119-S-2845/)
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