Amendment · S.Amdt. 4597· Senate(119-SAMDT-4597)

S.Amdt. 4597

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 4597, submitted by Mr. Wyden, aims to add a section to bill S. 1383 regarding an increase in the top individual tax rate.

The purpose of this amendment is to change the tax rate for high-income taxpayers for taxable years beginning after December 31, 2025. Specifically, it proposes the following:

The tax rate for taxable income exceeding the applicable threshold will be 39.6 percent instead of the 37-percent rate bracket.
The applicable threshold is defined as $50,000,000 for certain taxpayers and 1/2 of that amount for others.