0
0
0
A bill to amend the Internal Revenue Code of 1986 to provide a tax on the assets of trusts, and for other purposes.
5/13/2026, 10:56 AM
Summary of Bill S 4490
This bill, titled "A bill to amend the Internal Revenue Code of 1986 to provide a tax on the assets of trusts, and for other purposes," was introduced in the 119th Congress on May 12, 2026. The bill aims to amend the tax laws to impose a tax specifically on the assets held in trusts. The specific provisions and directives within the bill, along with any further details, would be available in the official PDF version linked in the context.
Current Status of Bill S 4490
Bill S 4490 is currently in the status of Bill Introduced since May 12, 2026. Bill S 4490 was introduced during Congress 119 and was introduced to the Senate on May 12, 2026. Bill S 4490's most recent activity was Read twice and referred to the Committee on Finance. as of May 12, 2026
Bipartisan Support of Bill S 4490
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4490
Primary Policy Focus
Alternate Title(s) of Bill S 4490
A bill to amend the Internal Revenue Code of 1986 to provide a tax on the assets of trusts, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to provide a tax on the assets of trusts, and for other purposes.
Comments
Sponsors and Cosponsors of S 4490
Latest Bills
Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2027, and for other purposes.
Bill HR 8469May 17, 2026
Commerce, Justice, Science, and Related Agencies Appropriations Act, 2027
Bill HR 8845May 17, 2026
LIFT Act
Bill HR 8864May 16, 2026
Creating Early Childhood Leaders Act
Bill HR 8859May 16, 2026
To amend title 5, United States Code, to add certain employees of the Bureau of Alcohol, Tobacco, Firearms and Explosives to the definition of employees in fire protection activities for the purpose of compensation for certain illnesses and diseases deemed to be proximately caused by employment in fire protection activities.
Bill HR 8863May 16, 2026
Expressing support for the designation of May 17, 2026, as "DIPG Awareness Day" to raise awareness and encourage research into cures for diffuse intrinsic pontine glioma (DIPG) and pediatric cancers in general.
Bill HRES 1295May 16, 2026
To amend title 18, United States, to include property damage in acts that constitute domestic terrorism, and for other purposes.
Bill HR 8843May 16, 2026
CRUISE Act
Bill HR 7083May 16, 2026
To allow Americans to sue federal officials for constitutional violations of voting rights and election law.
Bill HR 8858May 16, 2026
Supporting the goals and ideals of "National Charter Schools Week", to be observed from May 10 through May 16, 2026.
Bill HRES 1298May 16, 2026