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- S.4490
S.4490: Make Billionaires Pay Act
About This Bill
- This bill was introduced in the 116th Congress
- This bill is primarily about health
- Introduced Aug. 6, 2020
- Latest Major Action Aug. 6, 2020
Bill Sponsor
Bill Version
- Introduced in Senate - Aug. 6, 2020
Bill Summary
Make Billionaires Pay Act This bill establishes a tax on the wealth increases of individuals with more than $1 billion in net assets during the COVID-19 (i.e., coronavirus disease 2019) pandemic and requires the Department of Health and Human Services (HHS) to pay the out-of-pocket expenses of individuals receiving medically-necessary care or services for a period of one year. First, the bill requires individuals with net assets of more than...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Aug. 6, 2020 |
Read twice and referred to the Committee on Finance.
|
Aug. 6, 2020 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |