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- H.R.1459
H.R.1459: Ultra-Millionaire Tax Act of 2021
About This Bill
- Introduced March 1, 2021
- Latest Major Action March 1, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
32 (All Democrats)
Bill Version
- Introduced in House - March 1, 2021
Bill Summary
Ultra-Millionaire Tax Act of 2021 This bill imposes a tax on the net value of all taxable assets of the taxpayer on the last day of any calendar year (wealth tax). The amount of such tax shall be 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....
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 1, 2021 |
Referred to the House Committee on Ways and Means.
|
| March 1, 2021 |
Introduced in the House by Pramila Jayapal (D-Wash.) |