HR 4035
Wall Street Tax Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 4:04 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Wall Street Tax Act of 2025 proposes a new tax on ‘covered transactions’ involving securities and derivatives. This tax would start at 0.02% for transactions after December 31, 2025, and gradually increase to 0.1% over time. The tax applies to purchases of securities on qualified exchanges or by U.S. persons, as well as certain derivative transactions. It also includes provisions for how the tax is paid and how it applies to controlled foreign corporations, aiming to increase revenue from financial trading activities.
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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