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Before you vote › Federal bills

H.R. 8085: Ultra-Millionaire Tax Act of 2026

119th Congress · introduced 2026-03-25 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

What does this mean?

Official title

Ultra-Millionaire Tax Act of 2026

Plain summary

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A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

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The strongest published arguments

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Alternatives

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Officials and money

Sponsor: Rep. Jayapal, Pramila [D-WA-7] · 50 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Brendan F. Boyle (D-PA), Yassamin Ansari (D-AZ), Donald S. Beyer, Jr. (D-VA), Judy Chu (D-CA), Danny K. Davis (D-IL), Madeleine Dean (D-PA), Christopher R. Deluzio (D-PA), Mark DeSaulnier (D-CA), Valerie P. Foushee (D-NC), Laura Friedman (D-CA), Maxwell Frost (D-FL), Jesús G. "Chuy" García (D-IL), Robert Garcia (D-CA), Daniel S. Goldman (D-NY), Adelita S. Grijalva (D-AZ), Glenn Ivey (D-MD), Jonathan L. Jackson (D-IL), Henry C. "Hank" Johnson, Jr. (D-GA), Robin L. Kelly (D-IL), Summer L. Lee (D-PA), James P. McGovern (D-MA), Jerrold Nadler (D-NY), Eleanor Holmes Norton (D-DC), Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Frank Pallone, Jr. (D-NJ), Ayanna Pressley (D-MA), Delia C. Ramirez (D-IL), Linda T. Sánchez (D-CA), Janice D. Schakowsky (D-IL), Lateefah Simon (D-CA), Adam Smith (D-WA), Melanie A. Stansbury (D-NM), Mark Takano (D-CA), Shri Thanedar (D-MI), Rashida Tlaib (D-MI), Jill N. Tokuda (D-HI), Nydia M. Velázquez (D-NY), Bonnie Watson Coleman (D-NJ), Greg Casar (D-TX), Maxine Waters (D-CA), Dwight Evans (D-PA), Grace Meng (D-NY), Chellie Pingree (D-ME), Analilia Mejia (D-NJ), Ro Khanna (D-CA), Teresa Leger Fernandez (D-NM), Adriano Espaillat (D-NY), Maxine Dexter (D-OR), Zoe Lofgren (D-CA)

Sponsor's campaign money: Rep. Jayapal, Pramila [D-WA-7] reported raising $2.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Sources

Record fed-us-cong119-hr8085 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills