S 2940 119th Congress Senate Taxation

OPT Fair Tax Act

Introduced: September 30, 2025 Introduced by: Cotton, Tom Republican · Arkansas 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 30, 2025

Read twice and referred to the Committee on Finance.

Sep 30, 2025

Introduced in Senate

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What's happening now September 30, 2025

Read twice and referred to the Committee on Finance.

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

Lobbying activity 2

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

RIDGE PATH STRATEGIES
for SLEVIN ADVISORY LLC O/B/O THE IFP ACTION · District of Columbia · 2nd Quarter (Apr 1 - June 30) 2026
RIDGE PATH STRATEGIES
for SLEVIN ADVISORY LLC O/B/O THE IFP ACTION · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026

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APA

U.S. Congress. (2026). S. 2940: OPT Fair Tax Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-2940/

MLA

"S. 2940: OPT Fair Tax Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-2940/.

Bluebook (legal)

S. 2940, 119th Cong. (2026), https://openamerica.io/bill/119-S-2940/.

Markdown link

[S. 2940: OPT Fair Tax Act](https://openamerica.io/bill/119-S-2940/)