Amendment · S.Amdt. 4583· Senate(119-SAMDT-4583)

S.Amdt. 4583

Age: 77 years

Oregon

Introduced: 3/18/2026
Sponsored by: Ron Wyden
Cosponsors: None

Changes bill: 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

SA 4583, submitted by Mr. Wyden, aims to change the Internal Revenue Code of 1986 by adding a section regarding an increase in the top individual tax rate.

The purpose of this amendment is to modify income tax brackets for high-income taxpayers. Specifically, it aims to:

Change the 37-percent rate bracket to 39.6 percent for taxable income that exceeds an applicable threshold.
Set the applicable threshold at $1,000,000,000 for certain paragraphs, and 1/2 of that amount for paragraph (2)(D).
Apply these changes to taxable years beginning after December 31, 2025.