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A bill 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.

3/27/2026, 10:56 AM

Summary of Bill S 4246

This is bill S.4246 of the 119th Congress, introduced on March 26, 2026. The bill aims to amend the Internal Revenue Code of 1986 by proposing a tax on the net value of assets of a taxpayer and includes provisions for other purposes.

Current Status of Bill S 4246

Bill S 4246 is currently in the status of Bill Introduced since March 26, 2026. Bill S 4246 was introduced during Congress 119 and was introduced to the Senate on March 26, 2026.  Bill S 4246's most recent activity was Read twice and referred to the Committee on Finance. as of March 26, 2026

Bipartisan Support of Bill S 4246

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 S 4246

Primary Policy Focus

Comments

Oakley Hampton profile image

Oakley Hampton

680

2 days ago

I support this bill. It will help ensure that the wealthy pay their fair share in taxes. #taxreform #fairshare