Amendment · S.Amdt. 4592· Senate(119-SAMDT-4592)
S.Amdt. 4592
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
What this amendment would do
SA 4592, submitted by Mr. Wyden, aims to add a section to bill S. 1383 that increases the top individual tax rate.
The purpose of this amendment is to change the Internal Revenue Code of 1986 for taxable years beginning after December 31, 2025. It proposes the following:
- The tax rate for the 37-percent bracket will increase to 39.6 percent for taxable income that exceeds an applicable threshold.
- The applicable threshold is set at $100,000,000 for certain paragraphs and 1/2 of that amount for paragraph (2)(D).
- 3/18/2026
- Senate amendment submitted
This bill has no cosponsors