House bill · 119th Congress · Latest step: Introduced
Ultra-Millionaire Tax Act of 2026
Official title: To amend the Internal Revenue Code of 1986 to impose a tax on the net value of assets of a taxpayer, and for other purposes.
Sponsor: Rep. Pramila Jayapal D-WAWhere it went
- IntroducedMar 25, 2026
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Mar 25, 2026 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 8085.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. JAYAPAL, as printed in the Congressional Record (Vol. 172, No. 56, March 25, 2026, Page H2711):This bill is enacted pursuant to the power granted to Congress under Article I of the United States Constitution and its subsequent amendments, and further clarified and interpreted by the Supreme Court of the United States.Source: Congress.gov, Congressional Record March 25, 2026 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 224 characters
- Congress.gov bill record
- H.R. 8085, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/8085
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
c139ce83bf12f1c843ebb5ffe8e25cfafa911cc08c3f8672afc527cb695efe4f
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of September 19, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 8085, last updated September 19, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
49 cosponsors — 49 Democrats
0 of 49 cosponsors (0%) are from the other party.
Yassamin Ansari (D-AZ), Donald Beyer (D-VA), Brendan Boyle (D-PA), Greg Casar (D-TX), Judy Chu (D-CA), Danny Davis (D-IL), Mark DeSaulnier (D-CA), Madeleine Dean (D-PA), Christopher Deluzio (D-PA), Maxine Dexter (D-OR), Adriano Espaillat (D-NY), Dwight Evans (D-PA), Valerie Foushee (D-NC), Laura Friedman (D-CA), Maxwell Frost (D-FL), Robert Garcia (D-CA), Jesús García (D-IL), Daniel Goldman (D-NY), Adelita Grijalva (D-AZ), Glenn Ivey (D-MD), Jonathan Jackson (D-IL), Henry Johnson (D-GA), Robin Kelly (D-IL), Ro Khanna (D-CA), Summer Lee (D-PA), Teresa Leger Fernandez (D-NM), James McGovern (D-MA), Analilia Mejia (D-NJ), Grace Meng (D-NY), Jerrold Nadler (D-NY) and 19 more.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Pramila Jayapal.
- H.Con.Res. 89 (119th) Directing the President, pursuant to section 5(c) of the War Powers Resolution, to remove United States Armed Forces from hostilities with…
- H.Res. 1179 (119th) Condemning attacks on civilians in Sudan and calling for an end to external support to the warring parties and for efforts to promote a…
- H.R. 6397 (119th) Dignity for Detained Immigrants Act
- H.Res. 473 (119th) Calling for the urgent delivery and disbursement of humanitarian aid to address the needs of civilians in Gaza.
- H.R. 3069 (119th) Medicare for All Act
- H.R. 3971 (119th) Domestic Workers Bill of Rights Act
Related bills
- S. 4246 (119th) Ultra-Millionaire Tax Act of 2026Identical bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 24, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.