Prevent Presidential Profiteering Act

Hozzl · 2026-02-11T13:30:19Z

Explore the details of House Bill 7381 Prevent Presidential Profiteering Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/11/2026, 1:30 PM

Summary of Bill HR 7381

The bill "To amend the Internal Revenue Code of 1986 to impose a tax on damages received by the President of the United States on account of any civil action filed against the United States, and for other purposes," designated as H.R. 7381 in the 119th Congress and introduced on February 4, 2026, aims to introduce a tax on damages received by the President of the United States from civil actions against the United States.

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Current Status of Bill HR 7381

Bill HR 7381 is currently in the status of Bill Introduced since February 4, 2026. Bill HR 7381 was introduced during Congress 119 and was introduced to the House on February 4, 2026. Bill HR 7381's most recent activity was Referred to the House Committee on Ways and Means. as of February 4, 2026

Bipartisan Support of Bill HR 7381

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7381

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7381

Prevent Presidential Profiteering Act

To amend the Internal Revenue Code of 1986 to impose a tax on damages received by the President of the United States on account of any civil action filed against the United States, and for other purposes.