HR 7767
Make Billionaires Pay Their Fair Share Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 2:55 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Make Billionaires Pay Their Fair Share Act proposes a new tax on the net value of assets held by wealthy individuals, defined as those with over $1 billion in assets. It would impose an annual tax of 5% on this net value, with adjustments for inflation. The bill also includes provisions for affordability rebates, a repeal of certain reconciliation health provisions, expansions to Medicare coverage for dental, hearing, and vision care, and a provision to ensure public school teachers receive a minimum salary of $60,000. Additionally, it addresses investments in home and community-based services and long-term care quality.
Sponsors
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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