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A 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.

3/3/2026, 11:56 AM

Summary of Bill S 3956

The bill titled "A 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 on March 2, 2026.

Current Status of Bill S 3956

Bill S 3956 is currently in the status of Bill Introduced since March 2, 2026. Bill S 3956 was introduced during Congress 119 and was introduced to the Senate on March 2, 2026.  Bill S 3956's most recent activity was Read twice and referred to the Committee on Finance. as of March 2, 2026

Bipartisan Support of Bill S 3956

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

Policy Area and Potential Impact of Bill S 3956

Primary Policy Focus

Alternate Title(s) of Bill S 3956

A 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.
A 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.

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