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To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.

3/4/2026, 9:06 AM

Summary of Bill HR 7767

The bill "To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes" was introduced in the 119th Congress as H.R. 7767 on March 3, 2026.

Current Status of Bill HR 7767

Bill HR 7767 is currently in the status of Bill Introduced since March 3, 2026. Bill HR 7767 was introduced during Congress 119 and was introduced to the House on March 3, 2026.  Bill HR 7767's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Financial Services, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 3, 2026

Bipartisan Support of Bill HR 7767

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7767

Primary Policy Focus

Alternate Title(s) of Bill HR 7767

To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.
To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.

Comments

Ismael Godfrey profile image

Ismael Godfrey

625

2 days ago

Who benefits from this?

Langston Solomon profile image

Langston Solomon

672

2 days ago

This tax bill is a joke. It's gonna hit my wallet hard. No way I'm supporting this crap. #NoThanks