3.0.0
7749
2025-12-05T08:53:59Z
2025-12-05T08:53:59Z
House
H
HR
2024-03-20
118
https://www.congress.gov/bill/118th-congress/house-bill/7749
[Congressional Record Volume 170, Number 49 (Wednesday, March 20, 2024)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. JAYAPAL:H.R. 7749.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I of the United States Constitutionand its subsequent amendments, and further clarified andinterpreted by the Supreme Court of the United States.The single subject of this legislation is:Taxes[Page H1295]
- hswm00
Ways and Means Committee
House
Standing
  - Referred To
2024-03-20T14:00:25Z

- Ultra-Millionaire Tax Act of 2024
118
4017
S
2024-03-21
Read twice and referred to the Committee on Finance.
  - Identical bill
CRS
- 2024-03-20
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2024-03-20
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2024-03-20
Introduced in House
IntroReferral
1000
9
Library of Congress
- J000298
Rep. Jayapal, Pramila [D-WA-7]
Pramila
Jayapal
D
WA
7
N
- B001296
Rep. Boyle, Brendan F. [D-PA-2]
Brendan
Boyle
D
PA
F.
2
2024-03-20
True
- B001292
Rep. Beyer, Donald S. [D-VA-8]
Donald
Beyer
D
VA
S.
8
2024-03-20
True
- B001223
Rep. Bowman, Jamaal [D-NY-16]
Jamaal
Bowman
D
NY
16
2024-03-20
True
- B001224
Rep. Bush, Cori [D-MO-1]
Cori
Bush
D
MO
1
2024-03-20
True
- C001080
Rep. Chu, Judy [D-CA-28]
Judy
Chu
D
CA
28
2024-03-20
True
- D000096
Rep. Davis, Danny K. [D-IL-7]
Danny
Davis
D
IL
K.
7
2024-03-20
True
- E000296
Rep. Evans, Dwight [D-PA-3]
Dwight
Evans
D
PA
3
2024-03-20
True
- G000586
Rep. García, Jesús G. "Chuy" [D-IL-4]
Jesús
García
D
IL
G. "Chuy"
4
2024-03-20
True
- G000599
Rep. Goldman, Daniel S. [D-NY-10]
Daniel
Goldman
D
NY
S.
10
2024-03-20
True
- G000551
Rep. Grijalva, Raúl M. [D-AZ-7]
Raúl
Grijalva
D
AZ
M.
7
2024-03-20
True
- I000058
Rep. Ivey, Glenn [D-MD-4]
Glenn
Ivey
D
MD
4
2024-03-20
True
- J000309
Rep. Jackson, Jonathan L. [D-IL-1]
Jonathan
Jackson
D
IL
L.
1
2024-03-20
True
- J000288
Rep. Johnson, Henry C. "Hank" [D-GA-4]
Henry
Johnson
D
GA
C. "Hank"
4
2024-03-20
True
- L000551
Rep. Lee, Barbara [D-CA-12]
Barbara
Lee
D
CA
12
2024-03-20
True
- L000602
Rep. Lee, Summer L. [D-PA-12]
Summer
Lee
D
PA
L.
12
2024-03-20
True
- M000312
Rep. McGovern, James P. [D-MA-2]
James
McGovern
D
MA
P.
2
2024-03-20
True
- N000002
Rep. Nadler, Jerrold [D-NY-12]
Jerrold
Nadler
D
NY
12
2024-03-20
True
- N000147
Del. Norton, Eleanor Holmes [D-DC-At Large]
Eleanor
Norton
D
DC
Holmes
0
2024-03-20
True
- O000172
Rep. Ocasio-Cortez, Alexandria [D-NY-14]
Alexandria
Ocasio-Cortez
D
NY
14
2024-03-20
True
- O000173
Rep. Omar, Ilhan [D-MN-5]
Ilhan
Omar
D
MN
5
2024-03-20
True
- P000618
Rep. Porter, Katie [D-CA-47]
Katie
Porter
D
CA
47
2024-03-20
True
- P000617
Rep. Pressley, Ayanna [D-MA-7]
Ayanna
Pressley
D
MA
7
2024-03-20
True
- R000617
Rep. Ramirez, Delia C. [D-IL-3]
Delia
Ramirez
D
IL
C.
3
2024-03-20
True
- S001145
Rep. Schakowsky, Janice D. [D-IL-9]
Janice
Schakowsky
D
IL
D.
9
2024-03-20
True
- S001150
Rep. Schiff, Adam B. [D-CA-30]
Adam
Schiff
D
CA
B.
28
2024-03-20
True
- S000510
Rep. Smith, Adam [D-WA-9]
Adam
Smith
D
WA
9
2024-03-20
True
- T000472
Rep. Takano, Mark [D-CA-39]
Mark
Takano
D
CA
39
2024-03-20
True
- T000481
Rep. Tlaib, Rashida [D-MI-12]
Rashida
Tlaib
D
MI
12
2024-03-20
True
- T000487
Rep. Tokuda, Jill N. [D-HI-2]
Jill
Tokuda
D
HI
N.
2
2024-03-20
True
- T000483
Rep. Trone, David J. [D-MD-6]
David
Trone
D
MD
J.
6
2024-03-20
True
- W000187
Rep. Waters, Maxine [D-CA-43]
Maxine
Waters
D
CA
43
2024-03-20
True
- W000822
Rep. Watson Coleman, Bonnie [D-NJ-12]
Bonnie
Watson Coleman
D
NJ
12
2024-03-20
True
- W000826
Rep. Wild, Susan [D-PA-7]
Susan
Wild
D
PA
7
2024-03-20
True
- D000623
Rep. DeSaulnier, Mark [D-CA-10]
Mark
DeSaulnier
D
CA
10
2024-04-10
False
- G000598
Rep. Garcia, Robert [D-CA-42]
Robert
Garcia
D
CA
42
2024-04-11
False
- D000530
Rep. Deluzio, Christopher R. [D-PA-17]
Christopher
Deluzio
D
PA
R.
17
2024-05-21
False
- P000034
Rep. Pallone, Frank [D-NJ-6]
Frank
Pallone
D
NJ
6
2024-12-16
False
Taxation
Taxation
2024-04-10T14:45:16Z
00
2024-03-20
Introduced in House
2024-10-18T14:45:00Z
Ultra-Millionaire Tax Act of 2024
This bill imposes a tax on the net value of all taxable assets of a taxpayer on the last day of any calendar year (i.e., a wealth tax). The amount of such tax is equal to the sum of 2% of the amount of taxpayer assets exceeding $50 million, but not in excess of $1 billion, plus the applicable percentage (3% or 6% if certain legislation is in effect) of the net value of such taxable assets exceeding $1 billion.

Ultra-Millionaire Tax Act of 2024
- Display Title
45

Ultra-Millionaire Tax Act of 2024
2024-06-11T15:41:57Z
- Short Title(s) as Introduced
101

Ultra-Millionaire Tax Act of 2024
2024-05-24T13:33:32Z
Introduced in House
IH
- Official Title as Introduced
6

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.
2024-04-05T06:28:56Z
Introduced in House
IH
- Introduced in House
2024-03-20T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7749ih/xml/BILLS-118hr7749ih.xml
2024-03-20
Referred to the House Committee on Ways and Means.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
Congressional Research Service, Library of Congress
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