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- S.2028
S.2028: Millionaires Surtax Act
About This Bill
- Introduced June 10, 2021
- Latest Major Action June 10, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Version
- Introduced in Senate - June 10, 2021
Bill Summary
Millionaires Surtax Act This bill imposes an additional 10% tax on individual taxpayers whose modified adjusted gross income exceeds $2 million ($1 million for taxpayers not filing a joint return or surviving spouses). The bill sets forth special rules for the taxation of nonresident aliens and citizens and residents living abroad, and exempts charitable trusts from such tax.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 10, 2021 |
Read twice and referred to the Committee on Finance.
|
| June 10, 2021 |
Introduced in the Senate by Chris Van Hollen (D-Md.) |