S. 3956 (IS) - Make Billionaires Pay Their Fair Share Act - BILLS-119s3956is | Content Details | GovInfo

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S. 3956 (IS) - Make Billionaires Pay Their Fair Share Act

Category: Bills and Statutes

Collection: Congressional Bills

SuDoc Class Number: Y 1.6:
Y 1.4/1:

Congress Number: 119th Congress

Congress Session: 2nd Session

Last Action Date Listed: March 2, 2026

Action: Mr. Sanders introduced the following bill; which was read twice and referred to the Committee on Finance

Bill Number: S. 3956

Bill Version: Introduced in Senate (IS)

Short Title: Make Billionaires Pay Their Fair Share Act

Full Title: To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.

Sponsors: Bernard Sanders(VT)

Committees: Committee on Finance (Standing)

Public and Private Law References: Public Law 119-21

United States Code References: 7 U.S.C. 2015(d)(4)
8 U.S.C. 1611
12 U.S.C. 4568(a)
20 U.S.C. 1087rr, 1412, 1432, 1441, 6311, 6335, 6337 and 7801
25 U.S.C. 2021
26 U.S.C. Chapter 65
29 U.S.C. 2601 and 3101
42 U.S.C. 11434a, 1315, 1395i-5, 1395l, 1395m, 1395nn, 1395r, 1395u, 1395w-3, 1395w-4, 1395x, 1395y, 1396, 1396a, 1396d, 1396n, 1396r-5, 1396u-7, 1396w-6, 1397ee, 601, 602, 607, 9831, 9835, 9836, 9836a, 9837b, 9840a, 9857, 9858c, 9858d, 9858f, 9858n and 9902