CONGRESS FOR VOTERS

RepublicanAmendment · S.Amdt. 2593· Senate(119-SAMDT-2593)

S.Amdt. 2593

Rep. Collins
Age: 74 years
Maine
Introduced
6/29/2025
Sponsored by
Susan Collins
Cosponsors
None
Changes bill
119-HR-1 — One Big Beautiful Bill Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • Adds a 39.6 percent income tax rate bracket for specific high taxable income amounts.
  • Sets the taxable income threshold for this tax rate at over $50,000,000 for married individuals filing joint returns and surviving spouses.
  • Sets the taxable income threshold for this tax rate at over $25,000,000 in any other case.
  • Applies this tax rate change to taxable years beginning after December 31, 2025.
  • Increases the funding amounts for the Rural Health Transformation Program by changing the figures from $10,000,000,000 to $22,500,000,000 in two separate places within the Social Security Act.